Surgical sutures market size to increase by USD 1,102.57 million: North America will account for 36% of the market's growth during the forecast period - Technavio

NEW YORK, Jan. 25, 2023 /PRNewswire/ -- The Surgical Sutures Market by Product, End-user, and Geography - Forecast and Analysis 2023-2027 report has been published by Technavio. Market growth is estimated to accelerate at a CAGR of 4.68% and register an incremental growth of USD 1,102.57 million during the forecast period. The report provides a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market. Download a PDF Sample Report

Regional analysis

By region, the global surgical sutures market is segmented into North America, Europe, Asia, and Rest of World (ROW). North America will account for 36% of the market's growth during the forecast period. The favorable reimbursement policies, increasing expenditures in health care, growing awareness about chronic diseases, and the rise in the number of product approvals are driving the growth of the regional market.

Company Profiles

The surgical sutures market report includes information on the key products and recent developments of leading vendors, including:

• Boston Scientific Corp: The company offers surgical sutures such as Fixate Tissue Band, Clik Anchor, and OMG Connector.
• GPC Medical Ltd: The company offers surgical sutures such as GPCSYNTH PDS monofilament synthetic absorbable sutures.
• Integra Lifesciences Holdings Corp: The company offers surgical sutures such as Gut Suture under the brand Miltex.
• Johnson and Johnson: The company offers surgical sutures such as Gut Suture under the brand Miltex.
• Lotus Surgicals Pvt. Ltd: The company offers surgical sutures such as Solus, Mass, and Monolus.
• Lux Sutures AS
• Medtronic Plc
• Orion Sutures India Pvt Ltd.
• Peters Surgical
• Smith and Nephew plc
• Surgical Specialties Corp.
• Sutcon Sutures
• Teleflex Inc.
• Theragenics Corp.
• Unisur Lifecare Pvt. Ltd.
• To gain access to more vendor profiles available with Technavio, buy the report!

Market Dynamics

The market is driven by factors such as the increase in the volume of surgeries, the growing demand for natural and antimicrobial coating surgical sutures, and the growing popularity of single-use and automated suturing devices. However, the growing preference for MIS is hindering the market growth.

Competitive Analysis

The competitive scenario categorizes companies based on various performance indicators. Some of the factors considered include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, and growth in market share, among others. Request a Sample

Market Segmentation

• By product, the market is segmented into absorbable surgical sutures, non-absorbable surgical sutures, and suture-assist devices. The absorbable surgical sutures segment accounted for the largest share of the market.
• By geography, the market is segmented into North America, Europe, Asia, and Rest of World (ROW). North America held the largest share of the market.

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What are the key data covered in this surgical sutures market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the surgical sutures market between 2023 and 2027
• Precise estimation of the size of the surgical sutures market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the surgical sutures market across North America, Europe, Asia, and Rest of World (ROW)
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of the surgical sutures market vendors

Browse for Technavio "Health Care" Research Reports

Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global surgical sutures market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global surgical sutures market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 End-User Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End-User Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Absorbable surgical sutures - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Absorbable surgical sutures - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Absorbable surgical sutures - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Absorbable surgical sutures - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Absorbable surgical sutures - Year-over-year growth 2022-2027 (%)

• 6.4 Non-absorbable surgical sutures - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Non-absorbable surgical sutures - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Non-absorbable surgical sutures - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Non-absorbable surgical sutures - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Non-absorbable surgical sutures - Year-over-year growth 2022-2027 (%)

• 6.5 Suture-assist devices - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Suture-assist devices - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Suture-assist devices - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Suture-assist devices - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Suture-assist devices - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Product 
• Exhibit 46: Market opportunity by Product ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments 
• Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 49: Chart on Comparison by End-user
• Exhibit 50: Data Table on Comparison by End-user

• 7.3 Hospitals - Market size and forecast 2022-2027
• Exhibit 51: Chart on Hospitals - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Hospitals - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Hospitals - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Hospitals - Year-over-year growth 2022-2027 (%)

• 7.4 ASCs - Market size and forecast 2022-2027
• Exhibit 55: Chart on ASCs - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on ASCs - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on ASCs - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on ASCs - Year-over-year growth 2022-2027 (%)

• 7.5 Others - Market size and forecast 2022-2027
• Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by End-user 
• Exhibit 63: Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 Asia - Market size and forecast 2022-2027
• Exhibit 77: Chart on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Asia - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Asia - Year-over-year growth 2022-2027 (%)

• 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
• Exhibit 81: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)

• 9.7 US - Market size and forecast 2022-2027
• Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.8 Germany - Market size and forecast 2022-2027
• Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.9 Japan - Market size and forecast 2022-2027
• Exhibit 93: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027
• Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 China - Market size and forecast 2022-2027
• Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.12 Market opportunity by geography 
• Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 106: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 108: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 109: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 110: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 111: Matrix on vendor position and classification

• 12.3 B. Braun SE 
• Exhibit 112: B. Braun SE - Overview
• Exhibit 113: B. Braun SE - Business segments
• Exhibit 114: B. Braun SE - Key news
• Exhibit 115: B. Braun SE - Key offerings
• Exhibit 116: B. Braun SE - Segment focus

• 12.4 Boston Scientific Corp. 
• Exhibit 117: Boston Scientific Corp. - Overview
• Exhibit 118: Boston Scientific Corp. - Business segments
• Exhibit 119: Boston Scientific Corp. - Key news
• Exhibit 120: Boston Scientific Corp. - Key offerings
• Exhibit 121: Boston Scientific Corp. - Segment focus

• 12.5 GPC Medical Ltd. 
• Exhibit 122: GPC Medical Ltd. - Overview
• Exhibit 123: GPC Medical Ltd. - Product / Service
• Exhibit 124: GPC Medical Ltd. - Key offerings

• 12.6 Integra Lifesciences Holdings Corp. 
• Exhibit 125: Integra Lifesciences Holdings Corp. - Overview
• Exhibit 126: Integra Lifesciences Holdings Corp. - Business segments
• Exhibit 127: Integra Lifesciences Holdings Corp. - Key news
• Exhibit 128: Integra Lifesciences Holdings Corp. - Key offerings
• Exhibit 129: Integra Lifesciences Holdings Corp. - Segment focus

• 12.7 Internacional Farmaceutica SA de CV 
• Exhibit 130: Internacional Farmaceutica SA de CV - Overview
• Exhibit 131: Internacional Farmaceutica SA de CV - Product / Service
• Exhibit 132: Internacional Farmaceutica SA de CV - Key offerings

• 12.8 Johnson and Johnson 
• Exhibit 133: Johnson and Johnson - Overview
• Exhibit 134: Johnson and Johnson - Business segments
• Exhibit 135: Johnson and Johnson - Key news
• Exhibit 136: Johnson and Johnson - Key offerings
• Exhibit 137: Johnson and Johnson - Segment focus

• 12.9 Lotus Surgicals Pvt. Ltd. 
• Exhibit 138: Lotus Surgicals Pvt. Ltd. - Overview
• Exhibit 139: Lotus Surgicals Pvt. Ltd. - Product / Service
• Exhibit 140: Lotus Surgicals Pvt. Ltd. - Key offerings

• 12.10 Lux Sutures AS 
• Exhibit 141: Lux Sutures AS - Overview
• Exhibit 142: Lux Sutures AS - Product / Service
• Exhibit 143: Lux Sutures AS - Key offerings

• 12.11 Medtronic Plc 
• Exhibit 144: Medtronic Plc - Overview
• Exhibit 145: Medtronic Plc - Business segments
• Exhibit 146: Medtronic Plc - Key news
• Exhibit 147: Medtronic Plc - Key offerings
• Exhibit 148: Medtronic Plc - Segment focus

• 12.12 Orion Sutures India Pvt Ltd. 
• Exhibit 149: Orion Sutures India Pvt Ltd. - Overview
• Exhibit 150: Orion Sutures India Pvt Ltd. - Product / Service
• Exhibit 151: Orion Sutures India Pvt Ltd. - Key offerings

• 12.13 Peters Surgical 
• Exhibit 152: Peters Surgical - Overview
• Exhibit 153: Peters Surgical - Product / Service
• Exhibit 154: Peters Surgical - Key offerings

• 12.14 Smith and Nephew plc 
• Exhibit 155: Smith and Nephew plc - Overview
• Exhibit 156: Smith and Nephew plc - Business segments
• Exhibit 157: Smith and Nephew plc - Key news
• Exhibit 158: Smith and Nephew plc - Key offerings
• Exhibit 159: Smith and Nephew plc - Segment focus

• 12.15 Surgical Specialties Corp. 
• Exhibit 160: Surgical Specialties Corp. - Overview
• Exhibit 161: Surgical Specialties Corp. - Product / Service
• Exhibit 162: Surgical Specialties Corp. - Key offerings

• 12.16 Sutcon Sutures 
• Exhibit 163: Sutcon Sutures - Overview
• Exhibit 164: Sutcon Sutures - Product / Service
• Exhibit 165: Sutcon Sutures - Key offerings

• 12.17 Unisur Lifecare Pvt. Ltd. 
• Exhibit 166: Unisur Lifecare Pvt. Ltd. - Overview
• Exhibit 167: Unisur Lifecare Pvt. Ltd. - Product / Service
• Exhibit 168: Unisur Lifecare Pvt. Ltd. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 169: Inclusions checklist
• Exhibit 170: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 171: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 172: Research methodology
• Exhibit 173: Validation techniques employed for market sizing
• Exhibit 174: Information sources

• 13.5 List of abbreviations 
• Exhibit 175: List of abbreviations

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