Market Insights
The global hospital sutures market garnered US$ 3,649.02 million in 2021 and is forecasted to hit US$ 5,495.74 million by 2028, expanding at a CAGR of 6.0% during 2021-2028.
The technological advancements in sutures and increasing cases of chronic wounds and surgeries are the key elements catalyzing the market growth. On the contrary, the availability of non-invasive alternatives to stitches impedes the expansion of global hospital sutures market.
Sutures close incisions and wounds on the skin or other tissues after surgical procedures. It is attached to a needle or anchor to stitch or close a wound. Various suture materials are available in the market as per the wound type. Key players in the global hospital sutures market have been enhancing the growth and strengthening their market position with several organic and inorganic business strategies.
Regionally, North America occupied the largest share of the global hospital sutures market and is likely to retain its dominance over the forecast period. Asia Pacific is speculated to spur with the highest CAGR throughout the forecast period.
COVID-19 Impact
Delays and Postponement of the Elective Surgeries Ceased the Global Hospital Sutures Market Growth
The global COVID-19 pandemic had fluctuating consequences observed in healthcare systems worldwide. In North America, the utility of hospital resources increased with the postponement of non-urgent cardiac surgeries. The frequency of routine clinical visits decreased and the rate of elective surgeries performed every week also declined drastically, stifling the expansion of regional hospital sutures market. In Asia-Pacific, the halt in supply chain of medical devices and the massive demand for quick and efficient treatments put the healthcare industry in an unpredictable situation. The severity and urgency of surgeries, availability of the clinical staff, number of backlogged patients, and pending elective procedures were all aspects under review during the pandemic. The lack of beds and operating room capacity caused a delay in non-urgent and semi-elective surgical operations. Since COVID-19 had no visible orthopedic manifestation, it influenced the orthopedic practices in Asia Pacific due to sudden heavy demand on healthcare systems.
Future Trends
Smart Surgical Sutures
Researchers have been developing smart surgical sutures due to challenges observed in the utilization of conventional ones. The National University of Singapore developed a smart suture that can monitor surgical wounds post-surgery to prevent infection, wound separation, and other complications. The design of smart surgical sutures incorporates electronic sensors to monitor wound integrity, gastric leakage, and tissue’s micro motion. They provide healing outcomes equivalent to conventional medical-grade sutures. Being an alert tool, smart suture notifies doctors about the complications that can be prevented from turning fatal. They lower re-operation rates, accelerate the recovery process, and improve patient outcomes. The numerous benefits these tools offer can potentially catalyze the global hospital sutures market in the future.
Drivers
Advancements in Sutures
Sutures serve the postoperative wound closure and promote natural healing. Technologically advanced sutures have transformed the wound care process alleviating major challenges. Winter Innovations Inc. introduced EasyWhip, an advanced suture for quick and easy stitching to heal orthopedic injuries. The development of absorbable and biodegradable sutures offering faster healing led to a substantial evolution in suturing techniques. These sutures eliminate the need for stitch removal, turning out to be utmost helpful for treating pediatric and elderly patients. Automated suturing devices are safer, quicker, and more precise than manual ones. They lower the risk of tissue trauma and scars by optimizing the needle force and size for efficient suturing. The robotic and endoscopic suturing devices ensure better access to hard-to-reach areas in the subject’s body.
Increasing Cases of Chronic Wounds and Surgeries
The American College of Surgeons stated that around 1–2% of the global population suffer from chronic wound stances at least once in a lifetime. According to the estimates of Centers for Disease Control and Prevention (CDC), over 385,000 sharp injuries occur among healthcare workers in the US every year. Moreover, poor working conditions are among the major causes of rising injuries and chronic wounds. As per the International Labor Organization, approximately 2.3 million people face work-related accidents every year. The rising burden of chronic injuries underlines the need for advanced wound care management. Several countries are spending huge on the treatment of injuries and the elimination of associated risks. The US healthcare system spends close to US$ 25 billion on wound care management and relevant complications every year. The immense requirement for treating wounds and injuries is likely to bolster the global hospital sutures market.
Restraints
Non-Invasive Alternatives to Stitches
Technologically advanced and non-invasive alternatives have been introduced that are easy to apply, less painful, and needleless. Zippers or ZipStitches are alternatives to stitches. It comprises two adhesive strips placed on either side of the wound. When the zipper is closed, it pulls the skin’s edges together and is removed without causing any pain to the patient. Zippers are FDA-approved surgical-quality wound care products, often suitable for treating the wounds of obese patients and children. Since 2014, they have been used in many operating and emergency rooms worldwide. In several cases, it has been observed that the demand for zippers is more than sutures due to benefits such as needle wound closure, skin puncturing, ease of handling and control, ability to adjust and customize the stretch according to the length of a wound. In addition to this, skin adhesives, hemostatic sealing agents, stapling devices, ligating clips, wound closure strips, and extracellular matrix are some of the miscellaneous alternatives curtailing the growth of global hospital sutures market.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Global Hospital Sutures Market: Strategic Insights
Market Size Value in US$ 3,649.02 Million in 2021 Market Size Value by US$ 5,495.74 Million by 2028 Growth rate CAGR of 6.0% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
Akshay
Have a question?
Akshay will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Global Hospital Sutures Market: Strategic Insights
| Market Size Value in | US$ 3,649.02 Million in 2021 |
| Market Size Value by | US$ 5,495.74 Million by 2028 |
| Growth rate | CAGR of 6.0% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
Akshay
Have a question?
Akshay will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Market Segmentation
By Product
Integral Requirements Across a Wide Range of Surgeries Spurred the Segmental Growth
The global hospital sutures market, by product, is split into sutures, automated suturing devices, and others. The sutures segment held the largest market share in 2021 and is anticipated to record the highest CAGR for the projection period. Cardiovascular, gynecological, ophthalmic, and general surgeries require sutural incisions to be made to treat the conditions. Sutures are used to treat deep wounds, surgical incisions, and cuts. Suture material is categorized as absorbable and non-absorbable. The monofilament sutures easily travel through tissues. Various benefits offered by sutures in surgical procedures are likely to soar the segment’s growth.
Another segment, automated suturing devices have simplified the surgical techniques allowing even novice surgeons to execute laparoscopic suturing and knot tying at ease. The tissue can be accessed in its normal anatomical position instead of pushing or manipulating the suturing device. Newer laparoscopic techniques such as Endo Stitch and SILS Stitch allow surgeons to widen their surgical repertoire of advanced operations.
Hospital Suture Market, by Product – during 2021–2028
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
By Application
Complex Sutural Techniques Involved in Various Procedures Strengthened the Segment’s Dominance
Based on application, the global hospital sutures market is segmented into general surgery, cardiovascular surgery, orthopedic surgery, and others. The general surgery segment, with the largest revenue share, dominated the market in 2021. Several general surgeries such as breast biopsy, appendectomy, mastectomy, aesthetic procedures, plastic surgeries, skin grafting, and more involve the inherent use of sutures.
The cardiovascular surgery segment is projected to expand with the highest CAGR during 2021–2028. These surgical procedures require sutures made of stainless steel or Prolene. Sutures are used in conjunction with the needle, much fine, firm, and shaped than regular 420 grades steel. Coronary artery bypass grafting, heart valve repair/replacement, arrhythmia treatment, and other CVD procedures require surgical sutures.
Regional Insights
The global hospital sutures market is segmented into North America, Europe, Asia Pacific (APAC), South & Central America (SCAM), and Middle East & Africa (MEA).
North America occupied the largest market share in 2021 and is speculated to retain its dominance over the forecast period. The growing geriatric population, rising prevalence of lifestyle diseases, favorable healthcare reforms, and the growing number of surgical procedures are the potential parameters aiding the regional hospital sutures market growth. In the US, the market growth is attributed to the rising demand for advanced surgical methods and clinical products such as biocompatible surgical sutures with antimicrobial coatings. Some players are venturing with start-up companies to strengthen their market positions. Besides, cardiovascular diseases and strokes create immense health burdens in the country, leading to more surgeries and orthopedic treatments. The prevalence of CVDs, cancer, and obesity with eventual orthopedic and bariatric surgeries spur the market growth in Canada.
Asia Pacific hospital sutures market is likely to surge with the highest CAGR during the forecast period. In China, the market growth thrives on the rising prevalence of CVDs and the increasing geriatric population. Moreover, the increasing number of plastic surgeries, general surgeries, and orthopedic treatments fuels the regional sutures market. The higher cases of coronary heart disease and the growing number of eyelid, hip replacement, and gastroenterological surgeries demand more sutural procedures in the Japanese medical domain.
Lucrative Regions for Hospital Suture Market
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Key Market Players:
- Assut Medical Sarl (Switzerland)
- Péters Surgical (France)
- SERAG-WIESSNER GmbH & Co. KG Zum Kugelfang (Germany)
- DemeTECH Corporation (US)
- Teleflex Incorporated (US)
- Smith & Nephew (UK)
- B. Braun Melsungen AG (Germany)
- Johnson and Johnson Services, Inc. (US)
- Medtronic (Ireland)
- W. L. Gore and Associates, Inc. (US)
Key Developments:
August 2021:
Péters Surgical acquired Germany-based Catgut GmbH for the expansion purpose and became independent of its Asian suppliers.October 2020:
Teleflex Medical OEM announced the expansion of its Georgia facility. The project added 16,000 square feet to the facility to house a renovated wire development area, expanded state-of-the-art film-cast tubing center, and support functions.June 2021:
Ethicon, part of Johnson & Johnson Medical Devices Company, announced that the National Institute for Health and Care Excellence (NICE) issued medical technologies guidance (MTG) recommending the use of Plus Sutures in surgeries within the National Health Services.
Report Coverage
The global hospital sutures market research report provides detailed insights into the market in terms of size, share, trends, and forecasts. It delivers crisp and precise know-how of drivers, restraints, opportunities, segments, and industrial landscape. The COVID-19 impact analysis is discussed with the aftermath observed in global and regional markets. A list of key market players with their respective developments in recent years has been reserved as a special mention.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product, Nature, Type, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Hospital suture is a thread used to close incisions and wounds on skin or other tissues after surgical procedure or injury. A length of suture is attached to a needle or anchor to stitch or close a wound. There are a variety of sutures materials available in the market that are used appropriately depending upon the wound type.
The factors that are driving the growth of market are advancements in suture and increasing cases of chronic wounds and surgeries. On the other hand, the non-invasive alternative to stiches is likely to hinder the growth of the market during the forecast period.
The hospital sutures market majorly consists of the players such as Assut Medical Sarl; Péters Surgical; SERAG-WIESSNER GmbH & Co. KG Zum Kugelfang; DemeTECH Corporation; Teleflex Incorporated; Smith & Nephew; B. Braun Melsungen AG; Johnson and Johnson Services, Inc.; Medtronic, and W. L. Gore and Associates, Inc. among others.
The hospital sutures market is analyzed in the basis of product, type, nature, and application. Based on product, is segmented into sutures, automated suturing devices and others. The suture segment held the largest share of the hospital sutures market size, and it is anticipated to register the highest CAGR. Based type, the market is segmented as monofilament and braided. The braided segment held the largest share of the market, and it is estimated to register the highest CAGR. based on nature, the market is divided into absorbable sutures and non-absorbable sutures. The absorbable sutures segment held the largest share of the market, and it is estimated to register the highest CAGR. And based on application, the is fragmented into general surgery, cardiovascular surgery, orthopedic surgery, and others. General surgery segment accounts for the largest market share and cardiovascular surgery segment is estimated to register the highest CAGR over the forecast period.
The List of Companies - Hospital Suture Market
- Assut Medical Sarl
- Péters Surgical
- SERAG-WIESSNER GmbH & Co. KG Zum Kugelfang
- DemeTECH Corporation
- Teleflex Incorporated
- Smith & Nephew
- B. Braun Melsungen AG
- Johnson and Johnson Services, Inc.
- Medtronic
- W. L. Gore and Associates, Inc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Trends and growth analysis reports related to Global Hospital Sutures Market
Mar 2022
Colonoscopes Market
Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Type (Fiber Optic Colonoscopy Devices, Video Colonoscopy Devices); Application (Colorectal Cancer, Lynch Syndrome, Ulcerative Colitis, Crohn's Disease, Polyp); End User (Hospitals, Ambulatory Surgery Center, Others), and Geography
Mar 2022
Noninvasive Fat Reduction Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Technology (Cryolipolysis, Laser Lipolysis, Ultrasound, and Others), End User (Hospitals, Dermatology Clinics & Cosmetic Clinics, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Mar 2022
Medical Ultrasound Flow Meter Market
Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Implementation Type (Clamp-On, Inline, and Others), Technology (Doppler, Transit Time, and Hybrid), Application (Heart and Lung Machines, Extracorporeal Membrane Oxygenation, Perfusion, Organ Transportation Systems, and Others), End User (Hospitals and Clinics, Ambulatory Surgical Centers, Research Laboratories, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Mar 2022
Rapid Test Kits Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Rapid Antigen Testing, Rapid Antibody Testing, and Others), Product (Over-the-Counter Rapid Testing Kit and Professional Rapid Testing Kit), Technology (Lateral Flow Assay, Solid Phase, Agglutination, Immunospot Assay, and Cellular Component-Based), Application (Blood Glucose Testing, Infectious Disease Testing, Pregnancy and Fertility, Cardiometabolic Testing, and Others), End User (Hospital and Clinics, Home Care, Diagnostics Centers, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Mar 2022
Osteoarthritis Therapy Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Therapy Type [Transcutaneous Electrical Nerve Stimulation (TENS), Occupational Therapy, Physical Therapy, Platelet-Rich Plasma Therapy and Stromal Vascular Fraction, Prolotherapy, and Others], Disease Indication (Knee Osteoarthritis, Spine Osteoarthritis, Foot and Ankle Osteoarthritis, Shoulder Osteoarthritis, Hand Osteoarthritis, and Others), End User (Hospitals & Clinics, Specialty Clinics, Ambulatory Surgical Centers, Homecare, and Others), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Mar 2022
Bariatric Surgeries Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Type [Adjustable Gastric Bands (AGB), Sleeve Gastrectomy, Gastric Bypass, Biliopancreatic Diversion with Duodenal Switch (BPD-DS), and Others], End User (Hospitals and Ambulatory Surgical Centers), and Geography (North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America)
Mar 2022
Post-Acute Care Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Service Type (Skilled Nursing Facilities, Inpatient Rehabilitation Facilities, Long-Term Care Hospitals, Home Health Agency, and Others), Age (Elderly, Adult, and Others), Disease Conditions (Amputations, Wound Management, Brain Injury and Spinal Cord Injury, Neurological Disorders, and Others), and Geography
Mar 2022
Lung Cancer Therapy Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Therapy Type (Noninvasive and Minimally Invasive), Indication (Non-Small Cell Lung Cancer and Small Cell Lung Cancer), End User (Hospitals, Oncology Clinics, Research Centers, and Others), and Geography (North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa)