According to the latest report by IMARC Group, titled “Absorbable Suture Market Report by Order Type (Catgut Sutures, PGA Sutures, PGLA Sutures, PLA Sutures), Application (General Surgeries, Orthopedic Surgeries, Gynecology Surgeries, Ophthalmic Surgeries, and Others), End User (Hospital, Clinic, and Others), and Region 2023-2028,” the global absorbable suture market size reached US$ 3.0 Billion in 2022. An absorbable suture is a crucial medical device used in surgical procedures to close wounds and promote healing. Compared to traditional non-absorbable sutures, absorbable sutures are designed to break down naturally over time within the body, eliminating the need for suture removal after the healing process. These sutures are typically made from biodegradable materials, such as polyglycolic acid, polydioxanone, or polylactic acid, which gradually degrade in the tissue and are absorbed by the body's natural processes. Absorbable sutures are commonly used in various surgical specialties, including general surgery, obstetrics, gynecology, and orthopedics. They offer the advantage of reducing patient discomfort during wound closure and eliminating the risk of suture-related complications, such as stitch marks and infections.
Global Absorbable Suture Market Trends:
The global absorbable suture market is experiencing robust growth, primarily driven by the continuous rise in the number of surgical procedures, particularly in emerging economies. Besides this, with expanding healthcare infrastructure and access to medical services expands, there is a corresponding growth in surgical interventions, ranging from routine procedures to complex surgeries. The use of absorbable sutures in such surgeries reduce the need for suture removal, streamlining the post-operative care process and contributing to better patient outcomes. Moreover, significant advancements in suture materials and manufacturing technologies and the development of absorbable sutures with improved tensile strength, flexibility, and biocompatibility are propelling the market growth. Concurrent with this, the rising focus on patient safety and reducing post-operative complications is impelling the market growth. In addition to this, the shifting preference for minimally invasive surgical (MIS) techniques, such as laparoscopy and arthroscopy, which require specialized sutures that can be easily manipulated through small incisions, is contributing to the increasing demand for absorbable sutures. Furthermore, the expanding medical tourism industry and the rise in healthcare expenditure as patients from different regions seek quality healthcare services and cost-effective treatment options are creating lucrative growth opportunities for the market. Looking forward, the market value is projected to reach US$ 4.0 Billion by 2028, expanding at a CAGR of 4.97% during 2023-2028.
- Based on the order type, the market is divided into catgut, PGA, PGLA, and PLA sutures. At present, catgut sutures represent the largest market segment.
- On the basis of the application, the market has been segregated into general, orthopedic, gynecology, ophthalmic surgeries, and others. Among these, general surgeries account for the biggest market share.
- Based on the end user, the market is categorized into hospitals, clinics, and others. Currently, hospital is the most popular market segment.
- On a regional basis, the market has been segmented into North America (the United States and Canada), Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, and others), Latin America (Brazil, Mexico, and others), and Middle East and Africa. Presently, North America enjoys the leading position in the market.
- The competitive landscape of the market has also been examined, with some of the key players being Assut Medical Sarl, B. Braun Melsungen AG, Demetech Corporation, Dolphin Suture, Lotus Surgicals, Medtronic Plc, Peters Surgical, Teleflex Incorporated, United Medical Industries, etc.
|Base Year of the Analysis
Scope of the Report
|Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Order Type
- End User
|Order Types Covered
||Catgut Sutures, PGA Sutures, PGLA Sutures, PLA Sutures
||General Surgeries, Orthopedic Surgeries, Gynecology Surgeries, Ophthalmic Surgeries, Others
|End Users Covered
||Hospital, Clinic, Others
||Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||Assut Medical Sarl, B. Braun Melsungen AG, Demetech Corporation, Dolphin Suture, Lotus Surgicals, Medtronic Plc, Peters Surgical, Teleflex Incorporated, United Medical Industries, etc.
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