Absorbable and Non-absorbable Sutures Market Key Players Analysis and Growth Forecast by 2031

MARKET INTRODUCTION

The suture is a small stitch. Sutures are of an absorbable and nonabsorbable type. Absorbable sutures are which will naturally absorb and downgrade the stitches. In contrast, nonabsorbable sutures which don't dissolve by the biological activity of the body and yet it has to be removed physically permanently. Surgical sutures are used to close wounds in various diseases such as neuropathic ulcers, skin ulcers, pediatric cardiac surgery, and diabetic ulcers.

MARKET DYNAMICS

The absorbable and non-absorbable sutures market is driving due to the increasing incidence of chronic diseases like skin ulcers. However, lack of product innovations in the surgical sutures and side effects from surgical sutures restraint the market growth during the forecast period. Moreover, the growing number of surgeries, burns and increasing number of hospitals and growing aging population fuel the growth of the market for absorbable and non-absorbable sutures.

MARKET SCOPE

The "Absorbable and Non-absorbable Sutures Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of absorbable and non-absorbable sutures market with detailed market segmentation by product type, application and end user. The absorbable and non-absorbable sutures market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in absorbable and non-absorbable sutures market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The absorbable and non-absorbable sutures market is segmented on the basis of product type, application and end user. Based on product type, the market is segmented as absorbable sutures and non-absorbable sutures. On the basis of application, the market is categorized as cardiovascular, orthopedic, gynecology, ophthalmology, general surgery and others. On the basis of end user, the market is categorized as hospitals sector, ambulatory centers sector, clinics sector, community healthcare sector and others sector.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the absorbable and non-absorbable sutures market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The absorbable and non-absorbable sutures market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting absorbable and non-absorbable sutures market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the absorbable and non-absorbable sutures market in these regions.

MARKET PLAYERS

The report covers key developments in the absorbable and non-absorbable sutures market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from absorbable and non-absorbable sutures market are anticipated to have lucrative growth opportunities in the future with the rising demand for absorbable and non-absorbable sutures in the global market. Below mentioned is the list of few companies engaged in the absorbable and non-absorbable sutures market.

The report also includes the profiles of key players in absorbable and non-absorbable sutures market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   B. Braun Melsungen AG
  
•   Conmed Corporation
  
•   CP Medical, Inc.
  
•   Demetech Corporation
  
•   Ethicon, Inc.
  
•   META BIOMED Co,. Ltd.
  
•   Smith & Nephew
  
•   Tepha Inc.
  
•   W.L. Gore & Associates
  
•   Zimmer Biomet
  
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Absorbable and Non-absorbable Sutures Report Scope