PUBLISHER: The Business Research Company | PRODUCT CODE: 1760659
PUBLISHER: The Business Research Company | PRODUCT CODE: 1760659
Ophthalmic sutures are specialized surgical threads used in eye surgeries to close incisions or wounds in delicate ocular tissues such as the cornea, sclera, or conjunctiva. Made from fine, biocompatible materials, these sutures are designed to minimize tissue reaction while ensuring precise closure, supporting proper healing and preserving the structural integrity of the eye.
The primary product categories for ophthalmic sutures are absorbable and non-absorbable sutures. Absorbable sutures are designed to naturally degrade and be absorbed by the body, eliminating the need for removal, and are available in both natural and synthetic variants. These sutures are used in a variety of ophthalmic procedures, including cataract surgery, corneal transplantation, vitrectomy, iridectomy, and oculoplastic surgeries. They are employed in multiple healthcare settings such as hospitals, ophthalmic clinics, ambulatory surgery centers (ASCs), and academic or research institutions.
The ophthalmic sutures market research report is one of a series of new reports from The Business Research Company that provides ophthalmic sutures market statistics, including ophthalmic sutures industry global market size, regional shares, competitors with an ophthalmic sutures market share, detailed ophthalmic sutures market segments, market trends and opportunities, and any further data you may need to thrive in the ophthalmic sutures industry. These ophthalmic sutures market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The ophthalmic sutures market size has grown strongly in recent years. It will grow from $0.56 billion in 2024 to $0.61 billion in 2025 at a compound annual growth rate (CAGR) of 8.2%. Growth during the historic period was driven by a rising prevalence of ophthalmic disorders, an aging global population, an increase in ophthalmic surgeries, higher demand for minimally invasive procedures, and a growing number of corneal transplants.
The ophthalmic sutures market size is expected to see strong growth in the next few years. It will grow to $0.82 billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be stem from increased healthcare spending, expanded screening and awareness of eye diseases, a rising interest in cosmetic ophthalmic procedures, greater investment in research and innovation, and improved access to skilled ophthalmic surgeons. Key trends in the forecast period include advancements in suture material technology, precision manufacturing techniques, customization of suture products through digital tools, progress in minimally invasive surgery, and the development of ophthalmic robotic systems.
The increasing number of eye surgeries is expected to drive the growth of the ophthalmic sutures market. Eye surgeries encompass various procedures performed on the eye or its surrounding tissues to correct vision problems, treat diseases, or repair injuries. These surgeries include cataract, glaucoma, corneal transplants, retinal, and refractive surgeries. The rising number of eye surgeries is largely due to the growing prevalence of cataracts among the aging population. Ophthalmic sutures are essential in these surgeries, as they ensure precise closure of incisions, promoting faster healing, minimizing complications, and improving surgical outcomes. For example, in 2024, the Eye Bank Association of America reported that domestic keratoplasty (corneal transplant) procedures reached 51,559, marking a 1.2% increase from 50,925 in 2023. Consequently, the growing number of eye surgeries is driving the growth of the ophthalmic sutures market.
Rising healthcare expenditures are expected to further propel the growth of the ophthalmic sutures market. Healthcare expenditure refers to the total amount spent on medical services, treatments, facilities, research, and public health initiatives aimed at improving health outcomes. The growing demand for healthcare services is largely driven by the increasing prevalence of eye disorders, which in turn boosts the need for surgeries and treatments. Healthcare expenditure supports the development of ophthalmic sutures by funding research and innovation, leading to the creation of advanced, specialized sutures that improve surgical outcomes and patient care. For example, in December 2024, the Centers for Medicare & Medicaid Services (CMS) reported that national health expenditures grew by 7.5% to \$4.9 trillion in 2023, accounting for 17.6% of the U.S. GDP. Furthermore, national health expenditures are projected to grow at an average annual rate of 5.6% from 2023 to 2032, increasing the health spending share of GDP from 17.3% in 2022 to 19.7% in 2032. Therefore, rising healthcare expenditures are driving the growth of the ophthalmic sutures market.
Leading companies in the ophthalmic sutures market are focused on developing innovative products, such as next-generation microsurgical sutures, to enhance surgical precision and meet the evolving needs of the clinical landscape. These next-generation microsurgical sutures are made from advanced materials and technologies designed to improve patient outcomes, reduce complications, and enhance the overall surgical experience. For instance, in October 2024, Corza Medical, a U.S.-based medical technology company, introduced Onatec ophthalmic microsurgical sutures. These next-generation sutures feature highly tempered stainless steel needles that offer superior bending resistance and durability. With precise geometries and smooth surfaces, the needles ensure optimal penetration, reduce tissue trauma, and enhance patient comfort, improving both precision and safety during delicate ophthalmic surgeries.
Major players in the ophthalmic sutures market are Medtronic plc, Medline Industries LP, Stryker Corporation, Smith and Nephew plc, Teleflex Incorporated, ConMed Corporation, B. Braun Group, Mani Inc., Advanced Medical Solutions Group plc, Aurolab, Assut Europe, DemeTECH Corporation, Unilene SAC, Internacional Farmaceutica SA de CV, Geuder AG, GPC Medical Ltd., Rumex International Co., FCI Ophthalmics Inc.
North America was the largest region in the ophthalmic sutures market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in ophthalmic sutures report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the ophthalmic sutures market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The ophthalmic sutures market consists of sales of polyglactin 910, nylon, polypropylene, microsurgical needles, silk and polyglycolic acid. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Ophthalmic Sutures Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on ophthalmic sutures market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for ophthalmic sutures ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The ophthalmic sutures market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.