Global Surgical Sutures Market Industry Analysis, Growth and Forecast, 2017 - 2024 .Data Bridge Market Research
The Global Surgical
Sutures Market is
segmented on the basis of product type, surgery type and end user. The report
provides data for 2015 to 2024, 2016 being the current year while 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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The global surgical sutures
market is highly fragmented and the major players have used various strategies
such as new product launches, expansions, agreements, joint ventures,
partnerships, acquisitions, and others to increase their footprints in this
market. The Ethicon U.S. LLC dominated the surgical sutures market accounting
for a highest market share in 2016, followed by Medtronic and Smith &
Nephew. Other players in this market include 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. among others.
Ethicon U.S. LLC. (JOHNSON & JOHNSON SERVICES, INC):
Founded in 1886 and headquartered
at New Brunswick, New Jersey, U.S., Ethicon US, LLC., subsidiary of
Johnson& Johnson Services, Inc. is engaged in the development and marketing
of healthcare products. The company operates through three business segments,
namely, Consumer, Pharmaceutical, and Medical Devices. The pharmaceutical
segment offers a wide range of products for five major therapeutic
applications—immunology, infectious diseases, neuroscience, oncology, and
cardiovascular & metabolic diseases. The consumer segment of the company
offers various products pertaining to baby care, oral care, skin care, women’s
health, and wound care. The medical devices segment of the company offers
various devices to be used in therapeutic areas such as orthopedic, surgical
care, specialty surgery, cardiovascular care, diagnostics, diabetes care, and
vision care.
Recent Developments:
In August 2017, Ethicon US, LLC.,
launched the ProxiSureTM Suturing Device, an advanced laparoscopic suturing
device. The device is featured with wrist-like maneuverability and curved
needle in an advanced suturing device that improves suturing precision in tight
spaces.
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Medtronic:
Founded in 1949 and headquartered
in Minneapolis, U.S. Medtronic is a global healthcare solutions company and it
is the world’s largest standalone medical technology development company. The
company operates in cardiac and vascular group, minimally invasive therapies
group, restorative therapies group, and diabetes group. It offers absorbable
and non-absorbable sutures through its subsidiaries brand name Covidien
products.
Smith
& Nephew:
Founded in 1856 and headquartered
London, UK. Smith & Nephew is the manufacturer of numerous medical devices,
personal care products and advanced and latest along with the traditional wound
care treatments. The company operates its business across the globe using these
nine product categories such as knee implants, sports medicine joint repair, hip
implants, arthroscopic enabling technologies, trauma & extremities, other
surgical businesses, advanced wound care, advanced wound bioactives, and
advanced wound devices. The product offered by the company comes under the
trauma and extremities product category. The soft tissue category offers
arthroscopy, carpel tunnel release, ligament repair, and TFCC repair.
Recent Development:
In February 2015, Smith &
Nephew launched its SUTUREFIX Ultra soft suture anchor which is used in hip and
shoulder labral repair allowing surgeons to repairs by adding additional
anchors and fixation points.
In March 2015, Smith & Nephew
launched its Q-FIX All-Suture Anchor, which is used in procedures such as
rotator cuff repair and labrum repair in which anatomic space is very limited,
where its small size allows surgeons to access tight spaces in the hip and the
radially expanding anchor provides exceptionally reliable performance.
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