Global Absorbable and Non Absorbable Sutures Market is Expected to Grow at CAGR 4.2% From 2017 To 2024


Posted September 3, 2018 by pankajukey1

Data Bridge Market Research new Insight’s on “Global Absorbable and Non Absorbable Sutures Market is projected to reach 4.6 billion by 2024, from USD 3.3 billion in 2016 growing at a CAGR of 4.2% during the forecast period of 2017 to 2024”.

 
Data Bridge Market Research new Insight’s on “Global Absorbable and Non Absorbable Sutures Market is projected to reach 4.6 billion by 2024, from USD 3.3 billion in 2016 growing at a CAGR of 4.2% during the forecast period of 2017 to 2024”.

he market is segmented by
Product Type [Automated (Disposable, Reusable), Sutures {Absorbable Natural, Absorbable Synthetic (Vicryl, Monocryl, Polydioxanone, Polyglycolic), Non-Absorbable (Nylon, Prolene, Stainless Steel)}]
Surgery Type (Cardiovascular, Orthopedic, Gynecology, Opthalmology, General Surgery)
End Users (Hospitals, Ambulatory Centers, Clinics, Community Healthcare)
Geography (North America, South America, Europe, APAC, MEA, ROW) – Trends and Forecast to 2024

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The actual calculation year for the report in 2016, while the historic data is for 2015 and the forecast period is still 2024.
Recent Developments: Global Absorbable and Non Absorbable Sutures Market

According to Centers for Disease Control and Prevention, a leading national public health institute of the United States, an estimated 16 million operative procedures were performed in acute care hospitals in the United States in 2010. A recent study found that surgical site infections were the most common healthcare-associated infection (HAIs), accounting for 31 percent of all HAIs among hospitalized patients. The CDC healthcare-associated infection (HAI) prevalence survey found that there were an estimated 157,500 surgical site infections associated with inpatient surgeries in 2013. NHSN (National Healthcare Safety Network) data included 16,147 Surgical Site Infection (SSI) following 849,659 operative procedures in all groups reported, for an overall SSI rate of 1.9 percent between 2006-2008. A 19 percent decrease in SSI related to 10 select procedures was reported between 2008 and 2015.

Segmentation: Global Absorbable and Non Absorbable Sutures Market Categories
• The Global Absorbable and Non-Absorbable Sutures market is segmented on the basis of product type, usability, end-user, distribution channel and geography.
• On the basis of product type the absorbable and non-absorbable market is segmented into automated suturing devices and sutures segments. The absorbable sutures market segment is expected to grow at highest CAGR. In 2017, the absorbable sutures segment is expected to dominate the market with 62.7% market share.
• The automated suturing devices segment is further sub-segmented on the basis of product type into disposable and reusable suturing devices. Sutures market segment is further segmented into absorbable and non-absorbable sutures.
• Absorbable sutures market segment is further segmented into natural and synthetic absorbable sutures. The synthetic suture market sub-segment is categorized on the basis of material into vicryl, monocryl, Polydioxanone, polyglycolic acid and others. The non absorbable sutures market segmented in sub segmented on the basis of material into nylon, prolene and stainless steel sutures. The market is also segmented on the basis of application into body composition analysis, fracture diagnosis, bone densitometry and fracture risk assessment.

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Geographic Segmentation: Global Absorbable and Non Absorbable Sutures Market
Based on geography the market is segmented into 5 geographical regions,
1. North America,
2. Europe,
3. Asia-Pacific,
4. South America
5. and Middle East and Africa.
• The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. In 2017, North America is expected to dominate the medical aesthetic market with 42.1% market share followed by Europe and APAC. However the APAC region is expected to grow at the highest CAGR of 6.1% in the forecast period 2017 to 2024.

Company Share Analysis: Global Absorbable and Non Absorbable Sutures Market
The global absorbable and non absorbable sutures market report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market. The report also covers the market shares for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America global absorbable and non-absorbable sutures market.
Some of the major players operating in this market are
 B. Braun Melsungen AG,
 Ethicon, Inc.,
 Smith & Nephew,
 Demetech Corporation,
 Conmed Corporation,
 W.L. Gore & Associates,
 Tepha Inc.,
 Meta Biomed Co. Ltd.,
 Zimmer Biomet,
 CP Medical, Inc.,
 Miltex (A Integra LifeSciences Corporation Company),
 Assut Medical Sarl, DyNek Pty Ltd,
 Footberg Ltd.,
 Stoelting Co.,
 Unimed Medical Industries, Ltd.,
 Teleflex Incorporated,
 Boston Scientific Corporation,
 Medtronic,
 Surgical Specialties Corporation,
 Resorba Medical GmbH,
 Medline Industries, Inc.,
 AD Surgical,
 Suture Express,
 Santec Medicalprodukte GmbH,
 Clinisut,
 Coreflon, Aspen Surgical,
 Vigilenz Medical Devices Sdn Bhd,
 Medipac S.A.,
 Sutures, Ltd.
 and Pierson Surgical Ltd among others..

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Last Updated September 3, 2018