Surgical Sutures Market Analysis and Opportunities by 2025

[Research Report] The surgical sutures market size is expected to grow from US$ 3,274.8 million in 2019 to US$ 4,503.3 million in 2025; it is estimated to record a CAGR of 5.4% from 2020 to 2025.

Analyst Perspective

The growing prevalence of lifestyle-related disorders, rise in the geriatric population, and the increase in chronic disorders, including cancer, diabetes, and others, are some of the factors supporting the growth of surgical sutures market. Furthermore, growing research activities and the development of innovative sutures, such as human tendon-based sutures developed due to advances in suture technology, are fueling the surgical sutures market growth. Montreal researchers designed strong gel sheathed (TGS) sutures inspired by a human tendon in April 2021. TGS sutures can provide individualized therapy based on the patient’s needs. Moreover, numerous advantages of minimally invasive surgery over traditional open surgery, such as fewer scars, cheaper costs, reduced pain, shorter hospital stays, and better outcomes, have increased their demand. As a result, the increased demand for minimally invasive surgery offers lucrative opportunities to the surgical sutures market. Hospitals and ambulatory care centers are constantly strategizing to maximize the number of elective surgeries carried out. Hence, the surgical sutures market will experience growth in the coming years due to its growing need in the healthcare industry.

Market Overview

Surgical sutures are medical devices used to close a wound with stitches. Sutures aid in the reattachment of human tissues following surgery or injuries. The type of material used primarily decides the level of sutures layers to be done by a specialty doctor. Many researchers and companies have developed innovative sutures such as absorbable and non-absorbable. These are produced from a range of natural or synthetic materials. In addition, the continuous rise in the prevalence of lifestyle diseases, such as ischemic heart diseases, cerebrovascular diseases, orthopedic disorders, and cancers, as well as increased trauma cases, and growing need of surgical procedures are increasing the demand for surgical sutures. The primary drivers of the surgical sutures market are a rising number of government support in the healthcare industry, an increase in aesthetic surgeries, a rising number of surgeries, and an emphasis on medical tourism. Also, product innovations in surgical suture contribute to the growth of the surgical sutures market.

Published Report - Surgical Sutures Market: Strategic Insights

Market Driver

Rise in the Number of Surgeries to Drive Global Surgical Sutures Market Growth

There is a rise in cardiovascular surgeries and general surgeries across the globe. Thus, the conditions and symptoms, such as a rise in diabetic cases, lifestyle changes, and more, are leading to an increased number of cardiovascular surgeries and general surgeries. As per the International Diabetes Federation (IDF), ~463 million adults were living with diabetes in 2019, and the number will reach 700 million by 2045. In 2017, the number of general surgery procedures performed worldwide accounted for approximately 59 million.

Over the last 25 years, the number of cardiovascular cases has increased in Europe and in the European Union. In addition, cardiovascular cases are observed in most of the countries in this region. As per the European Heart Network data, every year cardiovascular disease causes 3.9 million deaths in Europe and around 1.8 million deaths in the European Union. In 2019, ~6 million new cases of cardiovascular disease in the European Union and more than 11 million cases in Europe were diagnosed. In addition, about 49 million people in European Union are living with cardiovascular diseases. Along with cardiovascular surgeries, there is a rise in general surgeries due to the factors such as a rise in the number of gynecological surgeries and an increase in the number of orthopedic surgeries. For instance, according to a study published by the National Centre of Biotechnology Information, every year, around 30% of aged people fall due to difficulty in walking; this leads to a growing number of people undergoing knee replacement surgeries. Thus, these factors are driving the growth of the surgical sutures market in the forecast period.

Segmental Analysis

Based on product, the surgical sutures market is segmented into absorbable sutures and non-absorbable sutures. In 2019, the absorbable sutures segment held a larger surgical sutures market share, and the same segment is estimated to register a higher CAGR during the forecast period. The absorbable sutures do not require suture removal or a stitch as they dissolve as time passes. The digestion or degradation of the suture is done naturally by the enzymes present in the tissue. The demand for absorbable sutures is continuously rising due to their ability to degrade naturally, provide temporary support to wounds till it heals, and withstand normal stress.

Absorbable sutures include natural and synthetic sutures. Synthetic sutures have subtypes such as polydioxanone sutures, polyglactin 910 sutures, poliglecaprone 25 sutures, polyglycolic acid sutures, and others. These sutures are generally used for internal body tissues or when the removal of a suture or a stitch is not required. The sutures have specific properties for which they are preferred. Manufacturers operating in the surgical sutures market are focusing on developing new suture material, improving the strength of the thread, degradable properties, and minimally invasive forms of suturing devices. Owing to these factors, the market of absorbable sutures is expected to grow at a steady pace during the forecast period. Therefore, above mentioned factors support the growth of the segment in the surgical sutures market.

Regional Analysis

The Asia Pacific surgical sutures market was valued at US$ 567.7 million in 2019 and is projected to reach US$ 816.9 million by 2025; it is expected to grow at a CAGR of 6.2% during the forecast period. The Asia Pacific surgical sutures market is segmented into China, Japan, and India. China held the largest share of the Asia Pacific surgical sutures market in 2019. The increasing number of cardiovascular and gastroenterology surgeries in the country primarily drives the growth of the surgical sutures market in the country. As per the World Health Organization (WHO), cardiovascular disease is predicted to increase in China. It is stated that based on the aging population and growth in China between 2010 and 2030, the rise of cardiovascular disease will increase approximately by 50%. The estimates were based on the official data showing that about 230 million people suffer from cardiovascular disease in the country. In addition, China's cardiovascular mortality rate was 364.5 per 100,000 population in 2019, with males higher than females. The reason for the increasing prevalence of cardiovascular is due to the rise in blood pressure, increased cholesterol levels, and an increase in diabetes cases. The higher number of high blood pressure cases is the leading cause of China’s high cardiovascular disease prevalence.

Moreover, the awareness of the treatment is less. Therefore, this provides an opportunity for increasing awareness about the treatment by surgeries, therapies, and more that help patients to get well. Thus, the surgical sutures market has an opportunity to grow gradually in this country during the forecast period.

Key Player Analysis

The surgical sutures market analysis consists of players, such as B. Braun Melsungen AG; Medtronic; Ethicon USA, LLC; Smith & Nephew; Atramat; Demetech Corporation; Sutures India; Péters Surgical; Teleflex Medical OEM; and Serag-Wiessner GmbH & CO. KG. Among the players in the surgical sutures market, Ethicon USA, LLC and B Braun Melsungen AG are the top two players owing to the diversified product portfolio offered.

Surgical Sutures

Published Report - Surgical Sutures Market Players Density: Understanding Its Impact on Business Dynamics

The Published Report - Surgical Sutures Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Recent Developments

Inorganic and organic strategies such as mergers and acquisitions are highly adopted by companies in the surgical sutures market. A few recent key market developments are listed below: 

• In April 2021, Dolphin Sutures Company launched non-absorbable polytetrafluoroethylene sutures 'TEFLENE.' The new TEFLENE product line includes dense PTFE (Polytetrafluoroethylene). It is a monofilament non-absorbable, extremely smooth suture material composed of a strand of PTFE. PTFE is designed to be an ultra-soft, high density surgical suture making it an ideal choice for oral and maxillofacial surgery. The company also expanded its product portfolio in India.
• In September 2020, Smith+Nephew launched its NOVOSTITCH PRO Meniscal Repair System in Europe after receiving CE mark certification. The NOVOSTITCH PRO Meniscal Repair System expanded meniscal repair options to around 600,0001 European patients annually, where the only previous option was removal. The first clinical experiences in Europe, the Middle East and Africa have been well received. The NOVOSTITCH PRO Meniscal Repair System enables surgeons to place stitches arthroscopically in tight joint compartments.