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Global Surgical Suture Market worth USD 5.20 billion by 2023, at a CAGR – 6%

Publication Month: Jan 2020 | No. of Pages: 126 Published By: Reports Intellect
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Market Definition

The Global Surgical Suture market is estimated to reach $5.20 billion by 2023 from $3.65 billion in 2018; growing at a CAGR of 6% from 2018 to 2023

Surgical Suture plays a very important role in the surgery. Sutures are a medical device, which is used to make the stitches, to hold the body tissue together after surgery or injury.                                                                                                                                              

There are two types of sutures                                                                                                        

1. Absorbable – These types of sutures get dissolved in the body, it is used internally.                                                                                                                                        

2. Non Absorbable – These types of sutures is removed manually, it is used externally.

Market Dynamics

The Global Surgical Suture market is primarily driven by factors such as the increasing numbers of complex surgeries, technical advancement in surgical sutures which include drug eluting sutures, stem cells seeded sutures, knotless barbed sutures, electronic sutures, etc., increasing numbers of geriatric patients, due to unhealthy lifestyle there is rise in cardiovascular diseases, etc which ultimately leads to surgeries. 

Market Segmentation

The Global Surgical Suture market is mainly classified based on Product, Type, Application, and by End-user.

Based on the Product segment, the market is categorized into automated suturing device and sutures thread. Among them, suture threads dominated the market. 

Type is further segmented into monofilament and multifilament sutures. The multifilament sutures segment contributed the majority of the share driven by factors such as the increasing ratio of complex surgeries, increasing geriatric population and improve reimbursement scenario in the hospitals. 

Based on application, it is further sub segmented into orthopedic surgery, ophthalmic surgery, cardiovascular surgery, gynecological surgery, general surgery, cosmetic surgery, etc. 

On the basis of the end-user, the market is further categorized into hospitals, clinics, surgical centers. Among these, hospitals segment accounted for the largest share in the end-user segment due to the rise in the number of complex surgeries, ameliorate reimbursement scenario in the hospitals, and large numbers of hospitals.

 

Regional Analysis

Based on geography, the global surgical suture market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is categorized into China, Japan, India, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

Among all the regions, North America generated the highest revenue and is likely to continue its dominance over the forecast period. Reports Intellect Analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Competitive Landscape

Key players operating in the surgical suture market include Medtronic plc, Smith & Nephew plc, Péters Surgical, Internacional Farmacéutica, Sutures India, Endo Evolution LLC, Ethicon Inc., B. Braun Melsungen AG, Boston Scientific Corporation, DemeTECH Corporation, Apollo Endosurgery Inc., Surgical Specialities Corporation and Mellon Medical B.V.

Key Global Surgical Suture Industry Players

Medtronic plc, Smith & Nephew plc, Péters Surgical, Internacional Farmacéutica, Sutures India, Endo Evolution LLC, Ethicon Inc., B. Braun Melsungen AG, Boston Scientific Corporation, DemeTECH Corporation, Apollo Endosurgery Inc., Surgical Specialities Corporation and Mellon Medical B.V.

Surgical Suture Market Key Segments:

By Product

  • Automated Suturing Device
  • Sutures Thread

By Type

  • Monofilament Sutures
  • Multifilament Sutures

By Applications

  • Cosmetic Surgery
  • Ophthalmic Surgery
  • Gynecological Surgery
  • Cardiovascular Surgery
  • Orthopedic Surgery
  • General Surgery
  • Other Surgery 

By End User

  • Hospitals
  • Surgical Centers
  • Clinics

By Region

  • North America
  • The U.S.A
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • Italy
  • Rest of Europe
  • Asia Pacific
  • India
  • China
  • Japan
  • South Korea
  • Rest of Asia Pacific
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • GCC Countries
  • Egypt
  • South Africa
  • Rest of Middle East & Africa

Table of Contents

1 Market Overview

1.1 Surgical Suture Introduction

1.2 Market Analysis by Product

1.2.1 Overview: Global Surgical Suture Revenue by Product: 2018 VS 2020 VS 2023

1.2.2 Automated Suturing device

1.2.3 Sutures Thread

1.3 Market Analysis by Application

1.3.1 Overview: Global Surgical Suture Revenue by Application: 2018 VS 2020 VS 2023

1.3.2 Gynecological Surgery

1.3.3 Ophthalmic Surgery

1.3.4 Cosmetic Surgery

1.3.5 Cardiovascular Surgery

1.3.6 Orthopedic Surgery

1.3.7 General Surgery

1.4 Market Analysis by Type

1.4.1 Overview: Global Surgical Suture Revenue by Type: 2018 VS 2020 VS 2023

1.4.2 Monofilament Sutures

1.4.3 Multifilament Sutures

1.5 Market Analysis by End User

1.5.1 Overview: Global Surgical Suture Revenue by End User: 2018 VS 2020 VS 2023

1.5.2 Hospitals

1.5.3 Surgical Centers

1.5.4 Clinics

1.6 Overview of Global Surgical Suture Market

1.6.1 Global Surgical Suture Market Status and Outlook (2018-2023)

1.6.2 North America (United States, Canada and Mexico)

1.6.3 Europe (Germany, France, United Kingdom, Russia and Italy)

1.6.4 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.6.5 South America, Middle East & Africa

1.7 Market Dynamics

1.7.1 Market Opportunities

1.7.2 Market Risk

1.7.3 Market Driving Force

2 Manufacturers Profiles

2.1 Medtronic plc

2.1.1 Medtronic plc Details

2.1.2 Medtronic plc Major Business and Total Revenue (Financial Highlights) Analysis

2.1.3 Medtronic plc SWOT Analysis

2.1.4 Medtronic plc Product and Services

2.1.5 Medtronic plc Surgical Suture Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.2 Ethicon Inc.

2.2.1 Ethicon Inc. Details

2.2.2 Ethicon Inc. Major Business and Total Revenue (Financial Highlights) Analysis

2.2.3 Ethicon Inc. SWOT Analysis

2.2.4 Ethicon Inc. Product and Services

2.2.5 Ethicon Inc. Surgical Suture Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.3 B. Braun Melsungen AG

2.3.1 B. Braun Melsungen AG Details

2.3.2 B. Braun Melsungen AG Major Business and Total Revenue (Financial Highlights) Analysis

2.3.3 B. Braun Melsungen AG SWOT Analysis

2.3.4 B. Braun Melsungen AG Product and Services

2.3.5 B. Braun Melsungen AG Surgical Suture Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.4 Smith & Nephew plc

2.4.1 Smith & Nephew plc Details

2.4.2 Smith & Nephew plc Major Business and Total Revenue (Financial Highlights) Analysis

2.4.3 Smith & Nephew plc SWOT Analysis

2.4.4 Smith & Nephew plc Product and Services

2.4.5 Smith & Nephew plc Surgical Suture Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.5 Boston Scientific Corporation

2.5.1 Boston Scientific Corporation Details

2.5.2 Boston Scientific Corporation Major Business and Total Revenue (Financial Highlights) Analysis

2.5.3 Boston Scientific Corporation SWOT Analysis

2.5.4 Boston Scientific Corporation Product and Services

2.5.5 Boston Scientific Corporation Surgical Suture Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.6 Péters Surgical

2.6.1 Péters Surgical Details

2.6.2 Péters Surgical Major Business and Total Revenue (Financial Highlights) Analysis

2.6.3 Péters Surgical SWOT Analysis

2.6.4 Péters Surgical Product and Services

2.6.5 Péters Surgical Surgical Suture Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.7 DemeTECH Corporation

2.7.1 DemeTECH Corporation Details

2.7.2 DemeTECH Corporation Major Business and Total Revenue (Financial Highlights) Analysis

2.7.3 DemeTECH Corporation SWOT Analysis

2.7.4 DemeTECH Corporation Product and Services

2.7.5 DemeTECH Corporation Surgical Suture Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.8 Internacional Farmacéutica

2.8.1 Internacional Farmacéutica Details

2.8.2 Internacional Farmacéutica Major Business and Total Revenue (Financial Highlights) Analysis

2.8.3 Internacional Farmacéutica SWOT Analysis

2.8.4 Internacional Farmacéutica Product and Services

2.8.5 Internacional Farmacéutica Surgical Suture Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.9 Sutures India

2.9.1 Sutures India Details

2.9.2 Sutures India Major Business and Total Revenue (Financial Highlights) Analysis

2.9.3 Sutures India SWOT Analysis

2.9.4 Sutures India Product and Services

2.9.5 Sutures India Surgical Suture Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.10 EndoEvolution LLC

2.10.1 EndoEvolution LLC Details

2.10.2 EndoEvolution LLC Major Business and Total Revenue (Financial Highlights) Analysis

2.10.3 EndoEvolution LLC SWOT Analysis

2.10.4 EndoEvolution LLC Product and Services

2.10.5 EndoEvolution LLC Surgical Suture Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

2.11 Apollo Endosurgery Inc.

2.11.1 Apollo Endosurgery Inc. Details

2.11.2 Apollo Endosurgery Inc. Major Business and Total Revenue (Financial Highlights) Analysis

2.11.3 Apollo Endosurgery Inc. SWOT Analysis

2.11.4 Apollo Endosurgery Inc. Product and Services

2.11.5 Apollo Endosurgery Inc. Surgical Suture Sales, Price, Revenue, Gross Margin and Market Share (2018-2019)

3 Sales, Revenue and Market Share by Manufacturer

3.1 Global Surgical Suture Sales and Market Share by Manufacturer (2018-2019)

3.2 Global Surgical Suture Revenue and Market Share by Manufacturer (2018-2019)

3.3 Market Concentration Rate

3.3.1 Top 3 Surgical Suture Manufacturer Market Share in 2019

3.3.2 Top 6 Surgical Suture Manufacturer Market Share in 2019

3.4 Market Competition Trend

4 Global Market Analysis by Regions

4.1 Global Surgical Suture Sales, Revenue and Market Share by Regions

4.1.1 Global Surgical Suture Sales and Market Share by Regions (2018-2020)

4.1.2 Global Surgical Suture Revenue and Market Share by Regions (2018-2020)

4.2 North America Surgical Suture Sales and Growth Rate (2018-2020)

4.3 Europe Surgical Suture Sales and Growth Rate (2018-2020)

4.4 Asia-Pacific Surgical Suture Sales and Growth Rate (2018-2020)

4.5 South America Surgical Suture Sales and Growth Rate (2018-2020)

4.6 Middle East and Africa Surgical Suture Sales and Growth Rate (2018-2020)

5 North America by Country

5.1 North America Surgical Suture Sales, Revenue and Market Share by Country

5.1.1 North America Surgical Suture Sales and Market Share by Country (2018-2020)

5.1.2 North America Surgical Suture Revenue and Market Share by Country (2018-2020)

5.2 United States Surgical Suture Sales and Growth Rate (2018-2020)

5.3 Canada Surgical Suture Sales and Growth Rate (2018-2020)

5.4 Mexico Surgical Suture Sales and Growth Rate (2018-2020)

6 Europe by Country

6.1 Europe Surgical Suture Sales, Revenue and Market Share by Country

6.1.1 Europe Surgical Suture Sales and Market Share by Country (2018-2020)

6.1.2 Europe Surgical Suture Revenue and Market Share by Country (2018-2020)

6.2 Germany Surgical Suture Sales and Growth Rate (2018-2020)

6.3 UK Surgical Suture Sales and Growth Rate (2018-2020)

6.4 France Surgical Suture Sales and Growth Rate (2018-2020)

6.5 Russia Surgical Suture Sales and Growth Rate (2018-2020)

6.6 Italy Surgical Suture Sales and Growth Rate (2018-2020)

7 Asia-Pacific by Regions

7.1 Asia-Pacific Surgical Suture Sales, Revenue and Market Share by Regions

7.1.1 Asia-Pacific Surgical Suture Sales and Market Share by Regions (2018-2020)

7.1.2 Asia-Pacific Surgical Suture Revenue and Market Share by Regions (2018-2020)

7.2 China Surgical Suture Sales and Growth Rate (2018-2020)

7.3 Japan Surgical Suture Sales and Growth Rate (2018-2020)

7.4 Korea Surgical Suture Sales and Growth Rate (2018-2020)

7.5 India Surgical Suture Sales and Growth Rate (2018-2020)

7.6 Southeast Asia Surgical Suture Sales and Growth Rate (2018-2020)

7.7 Australia Surgical Suture Sales and Growth Rate (2018-2020)

8 South America by Country

8.1 South America Surgical Suture Sales, Revenue and Market Share by Country

8.1.1 South America Surgical Suture Sales and Market Share by Country (2018-2020)

8.1.2 South America Surgical Suture Revenue and Market Share by Country (2018-2020)

8.2 Brazil Surgical Suture Sales and Growth Rate (2018-2020)

8.3 Argentina Surgical Suture Sales and Growth Rate (2018-2020)

9 Middle East & Africa by Countries

9.1 Middle East & Africa Surgical Suture Sales, Revenue and Market Share by Country

9.1.1 Middle East & Africa Surgical Suture Sales and Market Share by Country (2018-2020)

9.1.2 Middle East & Africa Surgical Suture Revenue and Market Share by Country (2018-2020)

9.2 Saudi Arabia Surgical Suture Sales and Growth Rate (2018-2020)

9.3 Turkey Surgical Suture Sales and Growth Rate (2018-2020)

9.4 Egypt Surgical Suture Sales and Growth Rate (2018-2020)

9.5 South Africa Surgical Suture Sales and Growth Rate (2018-2020)

10 Market Segment by Product

10.1 Global Surgical Suture Sales and Market Share by Product (2018-2020)

10.2 Global Surgical Suture Revenue and Market Share by Product (2018-2020)

10.3 Global Surgical Suture Price by Product (2018-2020)

11 Global Surgical Suture Market Segment by Type

11.1 Global Surgical Suture Sales Market Share by Type (2018-2020)

11.2 Global Surgical Suture Revenue Market Share by Type (2018-2020)

11.3 Global Surgical Suture Price by Type (2018-2020)

12 Global Surgical Suture Market Segment by Application

12.1 Global Surgical Suture Sales Market Share by Application (2018-2020)

12.2 Global Surgical Suture Revenue Market Share by Application (2018-2020)

12.3 Global Surgical Suture Price by Application (2018-2020)

13 Global Surgical Suture Market Segment by End User

13.1 Global Surgical Suture Sales Market Share by End User (2018-2020)

13.2 Global Surgical Suture Revenue Market Share by End User (2018-2020)

13.3 Global Surgical Suture Price by End User (2018-2020)

14 Market Forecast

14.1 Global Surgical Suture Sales, Revenue and Growth Rate (2021-2023)

14.2 Surgical Suture Market Forecast by Regions (2021-2023)

14.2.1 North America Surgical Suture Market Forecast (2021-2023)

14.2.2 Europe Surgical Suture Market Forecast (2021-2023)

14.2.3 Asia-Pacific Surgical Suture Market Forecast (2021-2023)

14.2.4 South America Surgical Suture Market Forecast (2021-2023)

14.2.5 Middle East & Africa Surgical Suture Market Forecast (2021-2023)

14.3 Surgical Suture Market Forecast by Product (2021-2023)

14.3.1 Global Surgical Suture Sales Forecast by Product (2021-2023)

14.3.2 Global Surgical Suture Market Share Forecast by Product (2021-2023)

14.4 Surgical Suture Market Forecast by Application (2021-2023)

14.4.1 Global Surgical Suture Sales Forecast by Application (2021-2023)

14.4.2 Global Surgical Suture Market Share Forecast by Application (2021-2023) 14.5 Surgical Suture Market Forecast by Type (2021-2023)

14.5.1 Global Surgical Suture Sales Forecast by Type (2021-2023)

14.5.2 Global Surgical Suture Market Share Forecast by Type (2021-2023) 14.6 Surgical Suture Market Forecast by End User (2021-2023)

14.6.1 Global Surgical Suture Sales Forecast by End User (2021-2023)

14.6.2 Global Surgical Suture Market Share Forecast by End User (2021-2023)

15 Sales Channel, Distributors, Traders and Dealers

15.1 Sales Channel

15.1.1 Direct Marketing

15.1.2 Indirect Marketing

15.2 Distributors, Traders and Dealers

16 Research Findings and Conclusion

17 Appendix

17.1 Methodology

17.2 Data Source

17.3 Disclaimer

17.4 About US

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