Global Surgical Sutures Market Development Status, Trends, Structure, Production Value, 2017-2024


Global Surgical Sutures Market is expected to reach USD 4,957.29 million by 2024 from USD 3,540.00 million in 2016, at a CAGR of 4.4% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Players: Global Surgical Sutures Market
  •   Ethicon U.S.,
  •   Medtronic,
  •   Smith & Nephew
  •   B. Braun Melsungen AG,
  •   Demetech Corporation,
  •   Conmed Corporation,
  •   W.L. Gore & Associates,
  •   Zimmer Biomet,
  •   Miltex (A Integra LifeSciences Corporation Company),
  •   Teleflex Incorporated,
  •   Boston Scientific Corporation,
  •   Medline Industries, Inc. 


Segmentation: Global Surgical Sutures Market
By Product Type
(Sutures Thread (Absorbable Sutures (Synthetic Material (Vicryl, Monocryl, Polydiaoxanone, Polyglycolic) Natural Material), Non-Absorbable Sutures (Silk, Stainless Steel, Prolene, Nylon), Automated Suturing Devices (Disposable Device, Reusable Device))
 By Surgery Type
(General Surgery, Cardiovascular, Gynaecology, Orthopaedic, Ophthalmology)
By End User
 (Hospitals, Ambulatory Centres, Clinics, Community Healthcare)
By Geography
(North America, Europe, Asia-Pacific, South America, Middle East and Africa)

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TABLE OF CONTENTS GLOBAL SURGICAL SUTURES MARKET
1. INTRODUCTION
1.1. Objectives Of The Study
1.2. Market Definition
1.3. Overview Of Global Surgical Sutures Market
1.4. Currency And Pricing
1.5. Limitation
1.6. Markets Covered
2. MARKET SEGMENTATION
2.1. Markets Covered
2.2. Geographic Scope
2.3. Years Considered For The Study
2.4. Currency And Pricing
2.5. Research Methodology
2.6. Primary Interviews With Key Opinion Leaders
2.7. Secondary Sources
2.8. Assumptions
3. EXECUTIVE SUMMARY
…………………………….
11. COMPANY PROFILES
11.1. Ethicon Us, Llc (Subsidiary Of Johnson & Johnson Services, Inc) 288
11.1.1. Company Overview
11.1.2. Johnson & Johnson Services, Inc: Revenue Analysis
11.1.3. Product Portfolio
11.1.4. Recent Developments

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Key Drivers: Global Surgical Sutures Market
The major factors driving the growth of this market are rising need to manage blood loss in patients, growing number of surgical procedure, technological advancements in surgical suture products, rise in aging population & increase in chronic diseases and easy adoption due to the FDA and CE marking approval of the market. On the other hand, lack of proper sterilization system in healthcare organizations and unfavourable taxation policies may hinder the growth of the market.

RISE IN AGING POPULATION AND INCREASE IN CHRONIC DISEASES
Due to growing geriatric population, the cases of acute and chronic diseases are rising. Older population is more prone to orthopaedic diseases, infections, cardiovascular diseases and many more which are driving the demand for surgical sutures. Hence, the rising geriatric population will be boosting the growth of surgical sutures market in future.
Developing countries such as, Brazil, India does not meet the basic needs of their populations for the treatment of chronic diseases. Therefore, increasing number of chronic diseases worldwide leads to unmet medical needs leading to ineffective surgical procedures to treat the condition properly will act as a driver for surgical sutures market. This will lead to increase in R&D by the manufacturers to develop more efficient products. The policy makers, investors, and ministries of health in this sector need to regulate proper guidelines as they would help to incorporate surgical capacity into health systems.

Following are the some of the statistic related to approval of FDA and CE Marking for the easy adoption of surgical sutures:
§  In April 2017, Absorbable polydioxanone surgical suture received the FDA approval which enabled the use in soft tissue approximation.
§  In February 2014, absorbable poly (glycolidefl-lactide) surgical suture received the FDA approval for using in general soft tissue ligation

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