PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1407988
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1407988
Global Surgical Sutures Market is valued at approximately USD 3.76 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.4% over the forecast period 2023-2030. Surgical sutures, also known as stitches, are medical devices used to hold body tissues together after surgery or injury. They play a crucial role in wound closure and healing by bringing the edges of the wound together, promoting tissue alignment, and reducing the risk of infection. The Surgical Sutures Market is expanding because of factors such as the rising aging population and the increasing number of road accidents. The choice of suture depends on factors such as the type of surgery, the patient's health, and the specific requirements of the wound. Surgeons consider factors such as tissue type, location, and tension when selecting the appropriate suture material and technique for optimal wound healing. As a result, the demand for Surgical Sutures has progressively increased in the international market during the forecast period 2023-2030.
Aging is associated with changes in tissue structure and function. Older individuals have tissues that are more fragile and prone to delayed healing. Surgical sutures play a critical role in supporting the healing process by bringing tissues together and providing mechanical support. According to the World Health Organization indicate that the global population aged 60 and above is expected to double to around 2.1 billion by 2050. Moreover, those aged 80 and beyond are anticipated to triple between 2020 and 2050, reaching a staggering 426 million. Another important factor that drives the Surgical Sutures Market is the increasing number of road accidents. Road accidents can cause a variety of soft tissue injuries, such as those affecting the skin, muscles, and blood vessels. Sutures are essential for the closure of these soft tissue injuries, aiding in the restoration of tissue integrity and preventing infections. In addition, as per the World Health Organization, Road traffic injuries claim the lives of a significant number of children and young adults, emerging as the primary cause of death for individuals aged 5-29 years. Each year, approximately 1.3 million people lose their lives due to road traffic crashes. Moreover, the growing prevalence of chronic disease and the emerging trend of minimally invasive cosmetic is anticipated to create lucrative growth opportunities for the market over the forecast period. However, the high cost associated with Surgical Sutures and lack of skilled professionals is going to impede overall market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Surgical Sutures Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the Stringent regulations that can drive innovation by encouraging the development of safer and more effective suture materials and techniques, ensuring patient safety and product reliability in the region. In addition, a well-established healthcare infrastructure ensures access to quality surgical care, fostering the demand for advanced and reliable surgical sutures. The region's dominant performance is anticipated to propel the overall demand for Surgical Sutures. Furthermore, Asia Pacific is expected to grow fastest over the forecast period, owing to factors such as the growing prevalence of preventive and elective surgeries, including cosmetic procedures, contributing to the overall demand for surgical sutures in the region.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of tables and figures and dummy in nature, final lists may vary in the final deliverable