Absorbable Surgical Sutures Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
1901 | Date :
Jan, 2023 | Pages :
182 | Region : Global |
Publisher : 99 Strategy
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.
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 Global Absorbable Surgical Sutures Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023-2030.
In the global Absorbable Surgical Sutures Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Medtronic (US)
Johnson & Johnson (US)
Boston Scientific (US)
3M (US)
Smith & Nephew (UK)
Ethicon (US)
B. Braun Melsungen (Germany)
DemeTECH (US)
Internacional Farmaceutica (Mexico)
Sutures India (India)
W.L. Gore & Associates (US)
EndoEvolution (US)
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Monofilament Sutures
Multifilament Sutures
In Market segmentation by applications :
Hospitals
Clinics
Ambulatory Surgery Centers
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Absorbable Surgical Sutures Market for the forecast period 2023-2030?
• What are the driving forces in the Absorbable Surgical Sutures Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Absorbable Surgical Sutures industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players? Any special requirements about this report, please let us know and we can provide custom report.
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Major Manufacturers Covered in This Report
1.3 Market Segment by Type
1.3.1 Global Absorbable Surgical Sutures Market Size Growth Rate by Type (2020-2030)
1.3.2 Monofilament Sutures
1.3.3 Multifilament Sutures
1.4 Market Segment by Application
1.4.1 Global Absorbable Surgical Sutures Market Share by Application (2020-2030)
1.4.2 Hospitals
1.4.3 Clinics
1.4.4 Ambulatory Surgery Centers
1.4.5 Others
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Production and Capacity Analysis
2.1.1 Global Absorbable Surgical Sutures Production Value 2015-2030
2.1.2 Global Absorbable Surgical Sutures Production 2015-2030
2.1.3 Global Absorbable Surgical Sutures Capacity 2015-2030
2.1.4 Global Absorbable Surgical Sutures Marketing Pricing and Trends
2.2 Key Producers Growth Rate (CAGR) 2020-2030
2.2.1 Global Absorbable Surgical Sutures Market Size CAGR of Key Regions
2.2.2 Global Absorbable Surgical Sutures Market Share of Key Regions
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
3 Market Share by Manufacturers
3.1 Capacity and Production by Manufacturers
3.1.1 Global Absorbable Surgical Sutures Capacity by Manufacturers
3.1.2 Global Absorbable Surgical Sutures Production by Manufacturers
3.2 Revenue by Manufacturers
3.2.1 Absorbable Surgical Sutures Revenue by Manufacturers (2018 - 2022)
3.2.2 Absorbable Surgical Sutures Revenue Share by Manufacturers (2018 - 2022)
3.2.3 Global Absorbable Surgical Sutures Market Concentration Ratio (CR5 and HHI)
3.3 Absorbable Surgical Sutures Price by Manufacturers
3.4 Key Manufacturers Absorbable Surgical Sutures Plants/Factories Distribution and Area Served
3.5 Date of Key Manufacturers Enter into Absorbable Surgical Sutures Market
3.6 Key Manufacturers Absorbable Surgical Sutures Product Offered
3.7 Mergers & Acquisitions, Expansion Plans
4 Market Size by Type
4.1 Production and Production Value for Each Type
4.1.1 Monofilament Sutures Production and Production Value (2018 - 2022)
4.1.2 Multifilament Sutures Production and Production Value (2018 - 2022)
4.2 Global Absorbable Surgical Sutures Production Market Share by Type
4.3 Global Absorbable Surgical Sutures Production Value Market Share by Type
4.4 Absorbable Surgical Sutures Ex-factory Price by Type
5 Market Size by Application
5.1 Overview
5.2 Global Absorbable Surgical Sutures Consumption by Application
6 Production by Regions
6.1 Global Absorbable Surgical Sutures Production (History Data) by Regions 2018 - 2022
6.2 Global Absorbable Surgical Sutures Production Value (History Data) by Regions
6.3 United States
6.3.1 United States Absorbable Surgical Sutures Production Growth Rate 2018 - 2022
6.3.2 United States Absorbable Surgical Sutures Production Value Growth Rate 2018 - 2022
6.3.3 Key Players in United States
6.3.4 United States Absorbable Surgical Sutures Import & Export
6.4 European Union
6.4.1 European Union Absorbable Surgical Sutures Production Growth Rate 2018 - 2022
6.4.2 European Union Absorbable Surgical Sutures Production Value Growth Rate 2018 - 2022
6.4.3 Key Players in European Union
6.4.4 European Union Absorbable Surgical Sutures Import & Export
6.5 China
6.5.1 China Absorbable Surgical Sutures Production Growth Rate 2018 - 2022
6.5.2 China Absorbable Surgical Sutures Production Value Growth Rate 2018 - 2022
6.5.3 Key Players in China
6.5.4 China Absorbable Surgical Sutures Import & Export
6.6 Rest of World
6.6.1 Japan
6.6.2 Korea
6.6.3 India
6.6.4 Southeast Asia
7 Absorbable Surgical Sutures Consumption by Regions
7.1 Global Absorbable Surgical Sutures Consumption (History Data) by Regions
7.2 United States
7.2.1 United States Absorbable Surgical Sutures Consumption by Type
7.2.2 United States Absorbable Surgical Sutures Consumption by Application
7.3 European Union
7.3.1 European Union Absorbable Surgical Sutures Consumption by Type
7.3.2 European Union Absorbable Surgical Sutures Consumption by Application
7.4 China
7.4.1 China Absorbable Surgical Sutures Consumption by Type
7.4.2 China Absorbable Surgical Sutures Consumption by Application
7.5 Rest of World
7.5.1 Rest of World Absorbable Surgical Sutures Consumption by Type
7.5.2 Rest of World Absorbable Surgical Sutures Consumption by Application
7.5.1 Japan
7.5.2 Korea
7.5.3 India
7.5.4 Southeast Asia
8 Company Profiles
8.1 Medtronic (US)
8.1.1 Medtronic (US) Company Details
8.1.2 Company Description and Business Overview
8.1.3 Production and Revenue of Absorbable Surgical Sutures
8.1.4 Absorbable Surgical Sutures Product Introduction
8.1.5 Medtronic (US) Recent Development
8.2 Johnson & Johnson (US)
8.2.1 Johnson & Johnson (US) Company Details
8.2.2 Company Description and Business Overview
8.2.3 Production and Revenue of Absorbable Surgical Sutures
8.2.4 Absorbable Surgical Sutures Product Introduction
8.2.5 Johnson & Johnson (US) Recent Development
8.3 Boston Scientific (US)
8.3.1 Boston Scientific (US) Company Details
8.3.2 Company Description and Business Overview
8.3.3 Production and Revenue of Absorbable Surgical Sutures
8.3.4 Absorbable Surgical Sutures Product Introduction
8.3.5 Boston Scientific (US) Recent Development
8.4 3M (US)
8.4.1 3M (US) Company Details
8.4.2 Company Description and Business Overview
8.4.3 Production and Revenue of Absorbable Surgical Sutures
8.4.4 Absorbable Surgical Sutures Product Introduction
8.4.5 3M (US) Recent Development
8.5 Smith & Nephew (UK)
8.5.1 Smith & Nephew (UK) Company Details
8.5.2 Company Description and Business Overview
8.5.3 Production and Revenue of Absorbable Surgical Sutures
8.5.4 Absorbable Surgical Sutures Product Introduction
8.5.5 Smith & Nephew (UK) Recent Development
8.6 Ethicon (US)
8.6.1 Ethicon (US) Company Details
8.6.2 Company Description and Business Overview
8.6.3 Production and Revenue of Absorbable Surgical Sutures
8.6.4 Absorbable Surgical Sutures Product Introduction
8.6.5 Ethicon (US) Recent Development
8.7 B. Braun Melsungen (Germany)
8.7.1 B. Braun Melsungen (Germany) Company Details
8.7.2 Company Description and Business Overview
8.7.3 Production and Revenue of Absorbable Surgical Sutures
8.7.4 Absorbable Surgical Sutures Product Introduction
8.7.5 B. Braun Melsungen (Germany) Recent Development
8.8 DemeTECH (US)
8.8.1 DemeTECH (US) Company Details
8.8.2 Company Description and Business Overview
8.8.3 Production and Revenue of Absorbable Surgical Sutures
8.8.4 Absorbable Surgical Sutures Product Introduction
8.8.5 DemeTECH (US) Recent Development
8.9 Internacional Farmaceutica (Mexico)
8.9.1 Internacional Farmaceutica (Mexico) Company Details
8.9.2 Company Description and Business Overview
8.9.3 Production and Revenue of Absorbable Surgical Sutures
8.9.4 Absorbable Surgical Sutures Product Introduction
8.9.5 Internacional Farmaceutica (Mexico) Recent Development
8.10 Sutures India (India)
8.10.1 Sutures India (India) Company Details
8.10.2 Company Description and Business Overview
8.10.3 Production and Revenue of Absorbable Surgical Sutures
8.10.4 Absorbable Surgical Sutures Product Introduction
8.10.5 Sutures India (India) Recent Development
8.11 W.L. Gore & Associates (US)
8.12 EndoEvolution (US)
9 Market Forecast
9.1 Global Market Size Forecast
9.1.1 Global Absorbable Surgical Sutures Capacity, Production Forecast 2020-2030
9.1.2 Global Absorbable Surgical Sutures Production Value Forecast 2020-2030
9.2 Market Forecast by Regions
9.2.1 Global Absorbable Surgical Sutures Production and Value Forecast by Regions 2020-2030
9.2.2 Global Absorbable Surgical Sutures Consumption Forecast by Regions 2020-2030
9.3 United States
9.3.1 Production and Value Forecast in United States
9.3.2 Consumption Forecast in United States
9.4 European Union
9.4.1 Production and Value Forecast in European Union
9.4.2 Consumption Forecast in European Union
9.5 China
9.5.1 Production and Value Forecast in China
9.5.2 Consumption Forecast in China
9.6 Rest of World
9.6.1 Japan
9.6.2 Korea
9.6.3 India
9.6.4 Southeast Asia
9.7 Forecast by Type
9.7.1 Global Absorbable Surgical Sutures Production Forecast by Type
9.7.2 Global Absorbable Surgical Sutures Production Value Forecast by Type
9.8 Consumption Forecast by Application
11 Opportunities & Challenges, Threat and Affecting Factors
11.1 Market Opportunities
11.2 Market Challenges
11.3 Porters Five Forces Analysis
12 Key Findings
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
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