Absorbable and Non Absorbable Sutures Market is Expected to Grow US$ 4.5 Billion by 2024
New York, October 12, 2018: The Global Absorbable and Non Absorbable Sutures Market expected to exceed more than US$ 4.6 Billion by 2024 at a CAGR of 4.2% in the given forecast period.
The scope of the report includes a detailed study of global and regional markets for Global Absorbable and Non Absorbable Sutures Market with the reasons given for variations in the growth of the industry in certain regions.
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The Improving healthcare infrastructure globally has created the awareness about the available latest developments in healthcare and medical field. Suture is a small stitch. Sutures are of absorbable and non absorbable type. Absorbable sutures is which will naturally absorbs and downgrade the stitches whereas non absorbable sutures which doesn’t dissolve by the biological activity of the body and yet it has to be removed physically permanently. Surgical sutures are used to close wound in various disease such as neuropathic ulcers, skin ulcers, pediatric cardiac surgery and diabetic ulcers.
The Global Absorbable and Non Absorbable Sutures Market is segmented on the lines of its technology, treatment, application and regional. Basis on product type it covers the absorbable and non-absorbable market. Based on end-users the market is segmented into hospitals, ambulatory centers, clinics, community healthcare and, others. Based on application, the market is segmented into cardiovascular, orthopedic, gynecology, opthalmology, general surgery and others. Global Absorbable and Non Absorbable Sutures Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
Market Research Engine has published a new report titled as “Absorbable and Non Absorbable Sutures Market By End-User Analysis (Hospitals, Ambulatory centers, Clinics, Community healthcare); By Product Type Analysis (Absorbable Sutures, Non-absorbable Sutures); By Application Analysis (Cardiovascular, Orthopedic, Gynecology, Opthalmolog, General surgery) and by regional analysis - global forecast by 2016 - 2024”.
Table of Contents
1 INTRODUCTION
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Surgical Sutures Market, By Product
7 Surgical Sutures Market, By Application
8 Surgical Sutures Market, By End User
9 Surgical Sutures Market, By Region
10 Competitive Landscape
11 Company Profiles
11.1 Ethicon Inc. (A Subsidiary of Johnson & Johnson)
11.2 B. Braun Melsungen AG
11.3 Medtronic PLC
11.4 Smith & Nephew
11.5 Boston Scientific Corporation
11.6 Péters Surgical.
11.7 Demetech Corporation
11.8 Internacional Farmacéutica S.A. De C.V.
11.9 Sutures India Pvt Ltd.
11.10 Endoevolution LLC
11.11 Apollo Endosurgery Inc.
11.12 Surgical Specialties Corporation
11.13 Mellon Medical B.V.
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The restraining factors Global Absorbable and Non Absorbable Sutures Market are as follows:
• Growing demand for advanced wound closure materials
• Lack of product innovations in the surgical sutures
• Side effects from surgical sutures
• Companies are facing price pressure
This report provides:
- An overview of the global market for Absorbable and Non Absorbable Sutures Market and related technologies.
- Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2024.
- Identifications of new market opportunities and targeted promotional plans for Absorbable and Non-Absorbable Market.
- Discussion of research and development, and the demand for new products and new applications.
- Comprehensive company profiles of major players in the industry.
The major driving factors of Global Absorbable and Non Absorbable Sutures Market are as follows:
• Growing aging population
• Increasing incidence of chronic diseases like skin ulcers
• Quality of suturing material is growing
• Growing number of surgeries, burns and increasing number of hospitals
The Global Absorbable and Non Absorbable Sutures Market has been segmented as below:
The Global Absorbable and Non Absorbable Sutures Market is Segmented on the lines of Application Analysis, End-User Analysis, Product Type Analysis and Regional Analysis. By Application Analysis this market is segmented on the basis of Cardiovascular, Orthopedic, Gynecology, Opthalmolog, General surgery and Others. By End-User Analysis this market is segmented on the basis of Hospitals sector, Ambulatory centers sector, Clinics sector, Community healthcare sector and Others sector.
By Product Type Analysis this market is segmented on the basis of Absorbable Sutures and Non-absorbable Sutures. By Regional Analysis this market is segmented on the basis of North America, Europe, Asia-Pacific and Rest of the World.
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