Authored By: Sarah
03 Sep 2021

Surgical Sutures: Top Drivers that will Enable COVID-19 Recovery

Market Insights to Drive Recovery from COVID-19

The Surgical Sutures Market is projected to post an incremental growth of $ 994 mn, at a CAGR of over 4% till 2024. This research report provides detailed insights into growth drivers that are likely to boost the market. It also provides an analysis of all the segments, trends and challenges that are expected to impact the market in focus. This research will thus equip business leaders with data and insights necessary for designing future ready strategies for growth and development.


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Surgical Sutures Market: Top Drivers for Growth

^A detailed study of market drivers enables market players to leverage these factors to drive growth. Technavio’s research reports provide a comprehensive analysis of all the other factors that will drive market growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. One of the key drivers that will boost this market is increase in volume of surgeries. For more insights on the impact of this and all the other drivers, request for our FREE sample report:

Top Drivers for Surgical Sutures Market Size to Grow by $ 994 mn During 2020-2024

Surgical Sutures Market: Segments and Geographical Regions

This research report provides insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Surgical Sutures Market is segmented by Product (Absorbable surgical sutures, Non-absorbable surgical sutures, and Suture-assist devices), Geography (North America, Europe, APAC, and ROW), and End-user (Hospitals, ASCs, and Others). Request our Free Sample Report

Surgical Sutures Market: Vendor Analysis

The market is concentrated, and the growth of the players depends on several factors such as market conditions, government support, and industry development. Marke players must distinguish their product and service offerings through a clear and unique value proposition to prosper in this competitive market.  B. Braun Melsungen AG, Boston Scientific Corp., GPC Medical Ltd., Integra LifeSciences Corp., Internacional Farmaceutica SA de CV, Johnson & Johnson, Medtronic Plc, Orion Sutures India Pvt Ltd., Péters Surgical , and Smith & Nephew Plc are some of the major market participants. The report offers a detailed analysis of each of the above-listed vendors and their product portfolio.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

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The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of over 4%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 994 mn through 2020-2024.
     
  3. What is a key factor driving this market?
    increase in volume of surgeries will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, and ROW are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    36% growth will originate from North America
     
  6. Who are the leading market vendors?
    The leading vendors in this market are B. Braun Melsungen AG, Boston Scientific Corp., GPC Medical Ltd., Integra LifeSciences Corp., Internacional Farmaceutica SA de CV, Johnson & Johnson, Medtronic Plc, Orion Sutures India Pvt Ltd., Péters Surgical , and Smith & Nephew Plc
     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Absorbable surgical sutures, Non-absorbable surgical sutures, and Suture-assist devices), Geography (North America, Europe, APAC, and ROW), and End-user (Hospitals, ASCs, and Others)

Surgical Sutures Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2020-2024

Technavio has been monitoring the surgical sutures market and it is expected to grow by $ 994 mn, accelerating at a CAGR of almost 4% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Surgical Sutures Market: Key Trends to impact market growth

The growing demand for natural and antimicrobial coating surgical sutures is one of the key surgical sutures market market trends. This research report provides a detailed impact analysis of all the trends that are likely to influence the growth of the market in focus.

Surgical Sutures Market: Top Drivers to Boost Demand

The increase in volume of surgeries is one of the primary factors driving the growth of the surgical sutures market. The report provides a detailed study of all the factors that are likely to boost the market. This analysis will enable clients to leverage growth opportunities to their advantage and set their business

Top Drivers for Surgical Sutures Market Size to Grow by $ 994 mn During 2020-2024

Vendor Analysis: B. Braun Melsungen AG, Boston Scientific Corp. and GPC Medical Ltd. are key growth contributors

The market is concentrated. The research report provides insights into the top market player and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. B. Braun Melsungen AG, Boston Scientific Corp., GPC Medical Ltd., Integra LifeSciences Corp., Internacional Farmaceutica SA de CV, Johnson & Johnson, Medtronic Plc, Orion Sutures India Pvt Ltd., Péters Surgical , and Smith & Nephew Plc are some of the major market participants.

For more insights on this market: Download a Free Sample Report

Surgical Sutures Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive surgical sutures market growth during the next five years
  • Precise estimation of the surgical sutures market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the surgical sutures market industry across North America, Europe, APAC, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of surgical sutures market vendors

Technavio has been monitoring the Global Surgical Sutures Market and it is expected to grow by USD 994 million progressing at a CAGR of over 4% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report

Top Drivers for Surgical Sutures Market Size to Grow by $ 994 mn During 2020-2024

Surgical Sutures Market: Growing Popularity of Single-use and Automated Suturing Devices Will Offer Immense Growth Opportunities

North America will offer several growth opportunities to market vendors during the forecast period. 36% of the market growth will originate from North America during the forecast period. The US is a key market for surgical sutures in North America. Factors such as an increase in the volume of surgeries, growing demand for natural and antimicrobial coating surgical sutures, and growing popularity of single-use and automated suturing devices will offer immense growth opportunities. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the surgical sutures market size.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. 

Surgical Sutures Market: Vendor Analysis

The market is concentrated. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. B. Braun Melsungen AG, Boston Scientific Corp., GPC Medical Ltd., Integra LifeSciences Corp., Internacional Farmaceutica SA de CV, Johnson & Johnson, Medtronic Plc, Orion Sutures India Pvt Ltd., Péters Surgical , and Smith & Nephew Plcare some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report 

Surgical Sutures Market: Key Highlights of the Report for 2020-2024

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive Surgical Sutures Market growth during the next five years
  • Precise estimation of the Surgical Sutures Market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the surgical sutures industry across APAC, Europe, MEA, North America, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of Surgical Sutures Market vendors
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