Absorbable Surgical Sutures Market Research Report – Forecast to 2023

Absorbable Surgical Sutures Market Research Report – Forecast to 2023

ID: MRFR/HC/4902-HCRR | November, 2018 | Region: Global | 100 pages | Half-Cooked Research Reports

Global Absorbable Surgical Sutures Market: By Type (Synthetic Suture), Structure (Monofilament Suture and Multifilament Suture), Technique (Continuous, Interrupted Sutures), Application (General Surgeries), End-Users (Clinics)–Global Forecast Till 2023


Market Scenario


The global absorbable surgical sutures market is expected to register a significant growth during the forecast period (2018 to 2023).


Surgical sutures are used by doctors to close the wounds or an opening of a damaged tissue. An absorbable suture crumbles in the body through enzymatic or hydrolysis reactions taking place in the human body.  The absorbable sutures were formerly made from sheep’s intestine. Absorbable sutures are used for sewing of deep tissues which breaks down in the body within ten days to four weeks depending on the suture composition.


The substantial growth in the frequency of health conditions related to skin, soft tissues, and peripheral vascular surgery are the key factors that boost the growth of this market. The increase in aged population and the rising frequency of musculoskeletal diseases are also anticipated to drive the global market over the forecast period. Factors such as less rate of wound infection have made absorbable sutures extremely common among consumers which are reflecting greatly on their demand.


The increasing demand for advanced wound closure materials and lack of product innovations in surgical sutures act as major barriers for this market.


Segmentation


The global absorbable surgical sutures market has been segmented on the basis of type, structure, application, and end-user.


On the basis of type, the market has been classified as synthetic and natural sutures. Synthetic sutures have been segmented into poliglecaprone suture (Monocryl), vicryl, and polydioxanone suture (PDS). Natural sutures have been segmented into collagen, catgut suture, and polyglycolic acid suture.


On the basis of structure, the market has been classified as monofilament and multifilament sutures.


On the basis of application, the market has been classified as general surgery, cardiovascular surgeries, gynecological surgeries, orthopedic surgeries, and other surgeries.


On the basis of end-users, the market has been classified as hospitals, clinics, ambulatory surgery centers, and others.


On the basis of region, the market is segmented into the Americas, Europe, Asia-Pacific, and the Middle East and Africa. The Americas has been further segmented into North America and South America, with the North American market divided into the US and Canada.


The European absorbable surgical sutures market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. 


The absorbable surgical sutures market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The absorbable surgical sutures market in the Middle East and Africa has been segmented into the Middle East and Africa.


Regional Market Summary


Global Absorbable Surgical Sutures Market Share, by Region, 2017 (%)


Absorbable Surgical Sutures Market


Source: MRFR Analysis


In the absorbable surgical sutures market, North America is anticipated to account for the largest market share due to the early adoption of advanced medical technologies, the rise in awareness, the rise in growth of the healthcare sector, and due to favorable compensation setting for many surgical procedures.


 The European market is expected to hold the second largest market share. The market growth in this region can be attributed to rising frequency of cardiovascular disorders, increasing number of surgeries, and increasing demand for advanced treatment procedures.


The market share in Asia-Pacific is also projected to experience growth in the near future due to access to optimal treatment facilities and growing demand for advanced technology, better adoption rate, increase in disposable income, and rising medical tourism.


The market in the Middle East and Africa is expected to account for the smallest share of the global absorbable surgical sutures market due to an underdeveloped healthcare sector, lack of technical knowledge, and poor medical facilities.


Key Players


Some of the key players in the global absorbable surgical sutures market are Ethicon Inc. (USUS), B. Braun Melsungen AG (Germany), DemeTECH Corporation (USUS), Medtronic plc (Ireland), Internacional Farmaceutica, S.A. de C.V. (Mexico), Sutures India Pvt. Ltd. (India), Péters Surgical (France), Smith & Nephew plc (UK), EndoEvolution, LLC (USUS), Boston Scientific Corporation (USUS), Johnson & Johnson Private Limited, Conmed Corporation (US), W.L. Gore & Associates(US), and 3M Healthcare (US).


Global Absorbable Surgical Sutures Market, by Type



  • Synthetic Sutures

  • Poliglecaprone suture (Monocryl)

  • Vicryl

  • Polydioxanone suture (PDS)

  • Natural Sutures

  • Collagen

  • Catgut suture

  • Polyglycolic acid suture


Global Absorbable Surgical Sutures Market, by Structure



  • Monofilament sutures

  • Multifilament sutures


Global Absorbable Surgical Sutures Market, by Application



  • General surgeries

  • Cardiovascular surgeries

  • Gynecological surgeries

  • Orthopedic surgeries

  • Other surgeries


Global Absorbable Surgical Sutures Market, by End-Users



  • Hospitals

  • Clinics

  • Ambulatory Surgery Centers

  • Others


Global Absorbable Surgical Sutures Market, by Region



  • Americas

  • North America

  • US

  • Canada

  • South America

  • Europe

  • Western Europe

  • Germany

  • France

  • Italy

  • Spain

  • UK

  • Rest of Western Europe

  • Eastern Europe

  • Asia-Pacific

  • Japan

  • China

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Middle East

  • Africa


Intended Audience



  • Advanced Surgical Trainees

  • Governmental Agency

  • Educational Organizations

  • Medical Device Manufacturers

  • Research Institutes and Academic Centers

  • Market Research and Consulting

Table of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6. Global Absorbable Surgical Sutures Market, by Type

6.1 Introduction

6.2 Synthetic Sutures

6.2.1 Poliglecaprone suture (Monocryl)

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

6.2.2 Vicryl

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

6.2.3 Polydioxanone suture (PDS)

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

6.3 Natural Sutures

6.3.1 Collagen

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

6.3.2 Catgut suture

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

6.3.3 Polyglycolic acid suture

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

Chapter 7. Global Absorbable Surgical Sutures Market, by Structure

7.1 Introduction

7.2 Monofilament sutures

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

7.3 Multifilament sutures

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

Chapter 8. Global Absorbable Surgical Sutures Market, by Application

8.1 Introduction

8.2 General surgery

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

8.3 Cardiovascular surgeries

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

8.4 Gynecological surgeries

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

8.5 Orthopedic surgeries

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

8.5 Other surgeries

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

Chapter 9. Global Absorbable Surgical Sutures Market, by End-Users

9.1 Introduction

9.2 Hospitals

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

9.3 Clinics

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

9.4 Ambulatory Surgery Centers

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

9.5 Others

Market Estimates & Forecast, by Region, 2018–2023

Market Estimates & Forecast, by Country, 2018–2023

Chapter 10. Global Absorbable Surgical Sutures, by Region

10.1 Introduction

10.2 Americas

10.2.1 North America

10.2.1.1 US

10.2.1.2 Canada

10.2.2 South America

10.3 Europe

10.3.1 Western Europe

10.3.1.1 Germany

10.3.1.2 France

10.3.1.3 Italy

10.3.1.4 Spain

10.3.1.5 UK

10.3.1.6 Rest of Western Europe

10.3.2 Eastern Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 China

10.4.3 India

10.4.4 Australia

10.4.5 South Korea

10.4.6 Rest of Asia-Pacific

10.5 Middle East & Africa

10.5.1 Middle East

10.5.2 Africa

Chapter 11. Company Landscape

11.1 Introduction

11.2 Market Share Analysis

11.3 Key Development & Strategies

Chapter 12. Company Profiles

12.1 Ethicon Inc.

12.1.1 Company Overview

12.1.2 Type Overview

12.1.3 Financials Overview

12.1.4 Key Developments

12.1.5 SWOT Analysis

12.2 B. Braun Melsungen AG

12.2.1 Company Overview

12.2.2 Type Overview

12.2.3 Financial Overview

12.2.4 Key Developments

12.2.5 SWOT Analysis

12.3 DemeTECH Corporation

12.3.1 Company Overview

12.3.2 Type Overview

12.3.3 Financial Overview

12.3.4 Key Development

12.3.5 SWOT Analysis

12.4 Medtronic plc

12.4.1 Company Overview

12.4.2 Technology/Business Segment Overview

12.4.3 Financial Overview

12.4.4 Key Development

12.4.5 SWOT Analysis

12.5 Internacional Farmaceutica, S.A. de C.V.

12.5.1 Company Overview

12.5.2 Type Overview

12.5.3 Financial overview

12.5.4 Key Developments

12.5.5 SWOT Analysis

12.6 Sutures India Pvt. Ltd (Getinge Group)

12.6.1 Company Overview

12.6.2 Type Overview

12.6.3 Financial Overview

12.6.4 Key Developments

12.6.5 SWOT Analysis

12.7 Péters Surgical

12.7.1 Overview

12.7.2 Type Overview

12.7.3 Financial Overview

12.7.4 Key Developments

12.7.5 SWOT Analysis

12.8 Smith & Nephew Plc

12.8.1 Overview

12.8.2 Type/ Technology Overview

12.8.3 Financials

12.8.4 Key Developments

12.8.5 SWOT Analysis

12.9 EndoEvolution, LLC

12.9.1 Overview

12.9.2 Type Overview

12.9.3 Financials

12.9.4 Key Developments

12.9.5 SWOT Analysis

12.10 Boston Scientific Corporation

12.10.1 Overview

12.10.2 Type Overview

12.10.3 Financials

12.10.4 Key Developments

12.10.5 SWOT Analysis

12.12 Johnson & Johnson Private Limited

12.12.1 Overview

12.12.2 Type Overview

12.12.3 Financials

12.12.4 Key Developments

12.12.5 SWOT Analysis

12.12 Conmed Corporation

12.12.1 Overview

12.12.2 Type Overview

12.12.3 Financials

12.12.4 Key Developments

12.12.5 SWOT Analysis

12.13 W.L. Gore & Associates

12.13.1 Overview

12.13.2 Type Overview

12.13.3 Financials

12.13.4 Key Developments

12.13.5 SWOT Analysis

12.14 3M Healthcare (U.S)

12.14.1 Overview

12.14.2 Type Overview

12.14.3 Financials

12.14.4 Key Developments

12.14.5 SWOT Analysis

Chapter 13 MRFR Conclusion

13.1 Key Findings

13.1.1 From CEO’s Viewpoint

13.1.2 Unmet Needs of the Market

13.2 Key Companies to Watch

13.3 Predictions for the Biosurgery Industry

Chapter 14. Appendix

LIST OF TABLES

Table 1 Global Absorbable Surgical Sutures Synopsis, 2018–2023

Table 2 Global Absorbable Surgical Sutures Estimates and Forecast, 2018–2023 (USD Million)

Table 3 Global Absorbable Surgical Sutures, by Region, 2018–2023 (USD Million)

Table 4 Global Absorbable Surgical Sutures, by Type, 2018–2023 (USD Million)

Table 5 Global Absorbable Surgical Sutures, by Structure, 2018–2023 (USD Million)

Table 6 Global Absorbable Surgical Sutures, by Application, 2018–2023 (USD Million)

Table 7 Global Absorbable Surgical Sutures, by End-users, 2018–2023 (USD Million)

Table 8 North America: Absorbable Surgical Sutures, by Type, 2018–2023 (USD

Million)

Table 9 North America: Absorbable Surgical Sutures, by Structure, 2018–2023 (USD

Million)

Table 10 North America: Absorbable Surgical Sutures, by Application, 2018–2023 (USD

Million)

Table 11 North America: Absorbable Surgical Sutures, by End-users, 2018–2023 (USD Million)

Table 12 US: Absorbable Surgical Sutures, by Type, 2018–2023 (USD Million)

Table 13 US: Absorbable Surgical Sutures, by Structure, 2018–2023 (USD Million)

Table 14 US: Absorbable Surgical Sutures, by Application, 2018–2023 (USD Million)

Table 15 US: Absorbable Surgical Sutures, by End-users, 2018–2023 (USD Million)

Table 16 Canada: Absorbable Surgical Sutures, by Type, 2018–2023 (USD Million)

Table 17 Canada: Absorbable Surgical Sutures, by Structure, 2018–2023 (USD Million)

Table 18 Canada: Absorbable Surgical Sutures, by Application, 2018–2023 (USD

Million)

Table 19 Canada Absorbable Surgical Sutures, by End-users, 2018–2023 (USD Million)

Table 20 South America: Absorbable Surgical Sutures, by Type, 2018–2023 (USD

Million)

Table 21 South America: Absorbable Surgical Sutures, by Structure, 2018–2023 (USD

Million)

Table 22 South America: Absorbable Surgical Sutures, by Application, 2018–2023 (USD

Million)

Table 23 South America: Absorbable Surgical Sutures, by End-users, 2018–2023 (USD Million)

Table 24 Europe: Absorbable Surgical Sutures, by Type, 2018–2023 (USD Million)

Table 25 Europe: Absorbable Surgical Sutures, by Structure, 2018–2023 (USD Million)

Table 26 Europe: Absorbable Surgical Sutures, by Application, 2018–2023 (USD Million)

Table 27 Europe: Absorbable Surgical Sutures, by End-users, 2018–2023 (USD Million)

Table 28 Western Europe: Absorbable Surgical Sutures, by Type, 2018–2023 (USD

Million)

Table 29 Western Europe: Absorbable Surgical Sutures, by Structure, 2018–2023 (USD

Million)

Table 30 Western Europe: Absorbable Surgical Sutures, by Application, 2018–2023

(USD Million)

Table 31 Western Europe: Absorbable Surgical Sutures, by End-users, 2018–2023 (USD Million)

Table 32 Eastern Europe: Absorbable Surgical Sutures, by Type, 2018–2023 (USD

Million)

Table 33 Eastern Europe: Absorbable Surgical Sutures, by Structure, 2018–2023 (USD

Million)

Table 34 Eastern Europe: Absorbable Surgical Sutures, by Application, 2018–2023

(USD Million)

Table 35 Eastern Europe: Absorbable Surgical Sutures, by End-users, 2018–2023 (USD Million)

Table 36 Asia-Pacific: Absorbable Surgical Sutures, by Type, 2018–2023 (USD

Million)

Table 37 Asia-Pacific: Absorbable Surgical Sutures, by Structure, 2018–2023 (USD

Million)

Table 38 Asia-Pacific: Absorbable Surgical Sutures, by Application, 2018–2023 (USD

Million)

Table 39 Asia-Pacific: Absorbable Surgical Sutures, by End-users, 2018–2023 (USD Million)

Table 40 Middle East & Africa: Absorbable Surgical Sutures, by Type, 2018–2023

(USD Million)

Table 41 Middle East & Africa: Absorbable Surgical Sutures, by Structure, 2018–2023

(USD Million)

Table 42 Middle East & Africa: Absorbable Surgical Sutures, by Application, 2018–2023

(USD Million)

Table 43 Middle East & Africa Absorbable Surgical Sutures, by End-users, 2018–2023 (USD Million)

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Absorbable Surgical Sutures

Figure 3 Segmentation Market Dynamics for Global Absorbable Surgical Sutures

Figure 4 Global Absorbable Surgical Sutures Share, by Type, 2017

Figure 5 Global Absorbable Surgical Sutures Share, by Structure, 2017

Figure 6 Global Absorbable Surgical Sutures Share, by Application, 2017



Figure 7 Global Absorbable Surgical Sutures, by End-users, 2018–2023 (USD Million)

Figure 8 Global Absorbable Surgical Sutures Share, by Region, 2017

Figure 9 North America: Absorbable Surgical Sutures Share, by Country, 2017

Figure 10 Europe: Absorbable Surgical Sutures Share, by Country, 2017

Figure 11 Asia-Pacific: Absorbable Surgical Sutures Share, by Country, 2017

Figure 12 Middle East & Africa: Absorbable Surgical Sutures Share, by Country, 2017

Figure 13 Global Absorbable Surgical Sutures: Company Share Analysis, 2017 (%)

Figure 14 Ethicon Inc.: Key Financials

Figure 15 Ethicon Inc.: Segmental Revenue

Figure 16 Ethicon Inc.: Geographical Revenue

Figure 17 B. Braun Melsungen AG: Key Financials

Figure 18 B. Braun Melsungen: Segmental Revenue

Figure 19 B. Braun Melsungen: Geographical Revenue

Figure 20 DemeTECH Corporation: Key Financials

Figure 21 DemeTECH Corporation: Segmental Revenue

Figure 22 DemeTECH Corporation: Geographical Revenue

Figure 23 Medtronic plc.: Key Financials

Figure 24 Medtronic plc.: Segmental Revenue

Figure 25 Medtronic plc.: Geographical Revenue

Figure 26 International Farmaceutica, S.A. de C.V: Key Financials

Figure 27 International Farmaceutica, S.A. de C.V: Segmental Revenue

Figure 28 International Farmaceutica, S.A. de C.V: Geographical Revenue

Figure 29 Sutures India Pvt. Ltd: Key Financials

Figure 30 Sutures India Pvt. Ltd: Segmental Revenue

Figure 31 Sutures India Pvt. Ltd: Geographical Revenue

Figure 32 Péters Surgical: Key Financials

Figure 33 Péters Surgical: Segmental Revenue

Figure 34 Péters Surgical: Geographical Revenue

Figure 35 Smith & Nephew plc: Key Financials

Figure 36 Smith & Nephew plc Segmental Revenue

Figure 37 Smith & Nephew plc: Geographical Revenue

Figure 38 EndoEvolution, LLC: Key Financials

Figure 39 EndoEvolution, LLC: Segmental Revenue

Figure 40 EndoEvolution, LLC: Geographical Revenue

Figure 41 Boston Scientific Corporation: Key Financials

Figure 42 Boston Scientific Corporation: Segmental Revenue

Figure 43 Boston Scientific Corporation: Geographical Revenue

Figure 44 Johnson & Johnson Private Limited: Key Financials

Figure 45 Johnson & Johnson Private Limited: Segmental Revenue

Figure 46 Johnson & Johnson Private Limited: Geographical Revenue

Figure 47 Conmed Corporation: Key Financials

Figure 48 Conmed Corporation: Segmental Revenue

Figure 49 Conmed Corporation: Geographical Revenue

Figure 50 W.L. Gore & Associates: Key Financials

Figure 51 W.L. Gore & Associates: Segmental Revenue

Figure 52 W.L. Gore & Associates: Geographical Revenue

Figure 53 3M Healthcare: Key Financials

Figure 54 3M Healthcare: Segmental Revenue



Figure 55 3M Healthcare: Geographical Revenue