Surgical Sutures Market Size To Surpass USD 7.02 By 2032

The global surgical suture market size was estimated at USD 4.68 billion in 2023 and is projected to hit around USD 7.02 billion by 2032, at a CAGR of 4.60% from 2023 to 2032.

Key Points

  • By type, the absorbable segment accounted market share of 56% in 2022.
  • By filament, the multifilament segment has had highest revenue share of 55% in 2022.
  • By application, the others segment held 37% revenue share in 2022. However, the cardiovascular surgery segment hit second-largest market share in 2022.
  • The North America region accounted 43% revenue share in 2022.

Surgical Sutures Market Size 2023 To 2032

The rapidly increasing number of surgical procedures that are carried out all over the world has boosted the market for surgical sutures to a great extent. The presence of advanced healthcare facilities which are provided by the government of various countries has also encouraged the surgical sutures market tremendously. Various new products that are available in the market for facilitating wound healing process has boosted the economy for surgical sutures to a great extent.

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The key market players are constantly striving to introduce new products into the market for attracting the potential consumers which will help to boost the market for surgical sutures during the forecast period.

Report Highlights

  • On the basis of type, multifilament type of suturing material has emerged as the largest market under this category and due to the huge demand experienced from the healthcare sector.
  • On the basis of product, suturing threads has emerged as a major segment owing to the rapid use in the surgical procedures for the closure of wounds.
  • On the basis of end user, the segment of hospital has emerged as the largest market which has resulted from the huge number of patients which undergo surgical procedures in this sector. In the event of a road traffic accident the patient is referred to a hospital rather than a clinic which increases the demand and usage of surgical sutures. The availability of various services under a single roof also facilitates the growth of this segment.
  • On the basis of application, the segment of cardiovascular surgery is has shown a tremendous growth due to the huge number of patients suffering with cardiovascular disorders all over the world. The increasing number of chronic ailments related to the cardiovascular system has boosted the number of surgeries carried out. I sentence offer you geriatric population all over the world has also increased the number of cardiovascular disorders among the people which leads to surgical procedures.
  • On the basis of geography, the region of North America has emerged as the largest market for the surgical sutures due to the huge number of surgical procedures that are carried out in this region with the availability of advanced healthcare facilities provided by the government.

Regional snapshots

The geographical sector of North America has emerged as the largest market for surgical sutures which has resulted from the huge number of surgical procedures that are carried out in this region. The presence of advanced healthcare facilities which are supplied by the government in the form of reimbursement services provided by the insurance companies has helped people to opt for advanced surgical suturing procedures and equipments. Huge number of people belonging to the geriatric population has also boosted the number of surgical procedures that are carried out in this region.

The health care facilities which are provided by the European nations to their citizens has also boosted the demand for advanced technologies and equipments in the surgical suture market. The demand for faster wound healing has also boosted the market in this region. The developing nations which belong to the Asia Pacific region have also shown a considerable contribution to the growth of the surgical suture market.

Surgical Sutures Market Scope

Report Coverage Details
Market Size in 2023 USD 4.68 Billion
Market Size by 2032 USD 7.02 Billion
Growth Rate from 2023 to 2032 CAGR of 4.60%
Base Year 2022
Forecast Period 2023 to 2032
Segments Covered Product, Type, Raw Material, By Application, End User, Geography

Surgical Sutures Market Dynamics

Drivers

The advanced surgical suture options which are introduced into the market by the key market players has emerged as a major driving force for the growth of the surgical suture market. The availability of various surgical suturing materials which facilitate healing with minimal chances of sepsis has boosted the market of surgical sutures to a great extent. Increasing research and development programs carried out by the key market players to introduce modern surgical options has driven the market to great heights.

Restraints

Lack of awareness among the people regarding the available suturing options in the market has hampered the growth of the market to a great extent. Variable policies offered by the insurance companies regarding the suturing materials has proved to be a restraining factor for the market. A major obstacle that has hindered the growth of the market is the total cost of surgical treatment which increases tremendously with the use of advanced equipment and materials. Availability of multiple wound healing options in the market has restrained the growth of surgical sutures which might hamper the market during the forecast period.

Opportunities

The emerging underdeveloped countries have proved to be a major opportunity for the surgical sutures market as the advanced facilities which have been recently provided to the people is encouraging them to opt for such technologies. The increasing number of surgical procedures that are carried out in these countries is providing great opportunity to the key market players. The backup and support provided by the government in the form of reimbursement facilities has boosted the economy for surgical suture market. The huge investment made by the key market players with a view to launch advanced facilities and suturing materials into the market has emerged as a major opportunity.

Challenges

The high cost of advanced surgical suturing materials makes it impossible for the common man to opt for such technologies which in turn challenges the growth of the market during the forecast period. The existence of alternative surgical care management options in the market has challenged the growth of surgical sutures considerably. The increasing risk of sepsis with the use of surgical sutures has hindered the growth of the market to a great extent. The presence of topical adhesives which are applied on the skin to facilitate faster healing has hindered the market growth of surgical sutures.

Read Also: Diagnostic Testing Market Size to Hit USD 264.12 Bn by 2033

Recent Developments

  • In September 2020 – Novostitch pro repair system which was used for meniscal repair was launched by Smith & Nephew to introduce automated devices that will help in the procedure.
  • In December 2019 – Biomatlante was acquired by AMS, the former being producer of surgical biomaterials. This acquisition was aimed at strengthening the product portfolio of the company. The market access and research and development were also considered as the main sector for business.

Surgical Sutures Market Players

  • Advanced Medical Solutions Group plc (UK)
  • Internacional Farmacéutica S.A. de C.V.(Mexico)
  • Medtronic Plc (Ireland)
  • Johnson & Johnson (US)
  • B. Braun Melsungen (Germany)
  • Smith & Nephew (UK)
  • Deme TECH Corporation (US)
  • Surgical Specialties Corporation (US)
  • Boston Scientific Corporation (US)
  • Peters Surgical (France)
  • Dolphin Sutures (India)
  • Derma Sciences (US)
  • CONMED Corporation (US)
  • Sutcon Sutures (Indonesia)
  • Stryker Corporation (US)
  • Healthium MedTech (India)
  • Zimmer Biomet (US)
  • GPC Medical (India)
  • Lotus Surgicals (India)
  • Vital Sutures (US)
  • Sutumed
  • CPT Sutures (India)
  • Unilene (India)
  • Mellon Medical B.V.(Netherlands)
  • Riverpoint Medical (US)

Segments covered in the report

By Product

  • Automated Suturing Devices
    • Disposable Automated Suturing Devices
    • Reusable Automated Suturing Devices
  • Sutures
    • Natural Sutures
    • Synthetic Sutures
      • Vicryl Sutures
      • Monocryl Sutures
      • Polydioxanone Sutures
      • Polyglycolic Sutures
      • Others
    • Nylon Sutures
    • Prolene Sutures
    • Stainless Steel Sutures
    • Others
    • Absorbable Sutures
    • Nonabsorbable Sutures

By Type

  • Monofilaments
  • Multifilament

By Raw Material

  • Polyglycolic Acid Absorbable Surgical Sutures
  • Polyglactin Absorbable Surgical Sutures
  • Catgut Absorbable Surgical Sutures
  • Poliglecaprone Absorbable Surgical Sutures
  • Polydioxanone Absorbable Surgical Sutures
  • Polypropylene Non-Absorbable Surgical Sutures
  • Nylon (Poylamide) Non-Absorbable Surgical Sutures
  • Polyester Non-Absorbable Surgical Sutures
  • Polyvinylidene Fluoride (PVDF)
  • Non-Absorbable Surgical Sutures
  • Silk Non-Absorbable Surgical Sutures
  • Stainless Steel Non-Absorbable Surgical Sutures

By Application

  • Cardiovascular surgery
  • Orthopedic surgery
  • Gynecological surgery
  • Opthalmic surgery
  • Cosmetic and plastic surgery
  • General surgery
  • Others

By End User

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centres
  • Emergency Medical Services
  • Veterinary Hospitals
  • Veterinary Clinics

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Philippines
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa

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