Global Surgical Sutures And Staples Market Data 2024, Forecast To 2033
19 Jan, 2024
The surgical sutures and staples market has witnessed strong growth, rising from $13.48 billion in 2023 to $14.7 billion in 2024, displaying a 9.0% CAGR. Historical drivers include an aging population, surgical procedure volumes, healthcare infrastructure, and minimally invasive surgery (MIS). Projections estimate continued strength, with a size of $20.27 billion in 2028, reflecting an 8.4% CAGR. Growth drivers encompass emerging markets growth, biodegradable and bio-absorbable products, telemedicine and remote surgery, and value-based healthcare. Notable trends include technological advancements, customized suture solutions, 3D printing and nanotechnology, and digital health integration.
Global Surgical Sutures And Staples Market Key Driver
The surgical sutures and staples market is propelled by a global increase in surgical procedures. Surgeries are essential for injury repair, symptom relief, and organ replacement. Emergency surgeries for trauma and acute infections also contribute. According to the US Department of Health & Human Services, the US witnessed 22 million surgeries, with 52.7% being outpatient surgeries. Worldwide, an estimated 234 million surgeries are performed annually.
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The surgical sutures and staples market covered in this report is segmented
1) By Type: Surgical Sutures, Surgical Staples
2) By End User: Hospitals, Ambulatory Surgical Centers (ASCs), Clinics
3) By Surgical Sutures: Absorbable, Non Absorbable
4) By Surgical Staples: Disposable Surgical Staplers, Reusable Surgical Staplers
By Geography: The regions covered in the surgical sutures and staples market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions
North America was the largest region in the global surgical sutures and staples market in 2023. Western Europe was the second-largest region in the surgical sutures and staples market share. The regions covered in the surgical sutures and staples market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Major Surgical Sutures And Staples Industry Players
Ethicon Endo-Surgery Inc., Stryker Corporation, Smith & Nephew plc, Conmed Corporation, Medtronic plc, Johnson & Johnson, B.Braun Melsungen AG, Baxter International Inc., Alcon Laboratories Inc., Dextera Surgical Inc., Becton, Dickinson and Company, Cardica Inc., Purple Surgical Inc., Welfare Medical Ltd., Reach surgical Inc., Meril Life Science Pvt. Ltd., Frankenman International, Boston Scientific Corporation, Zimmer Holdings Inc., Intuitive Surgical Inc., CareFusion Corporation, 3M Company, CryoLife Inc., Derma Sciences Inc., DeRoyal Industries Inc., Teleflex Incorporated, DemeTECH Corporation, Sutures India Pvt. Ltd., Péters Surgical, EndoEvolution LLC, Surgical Specialties Corporation, Dolphin Sutures, Internacional Farmacéutica S.A. de C.V., AD Surgical, Apollo Endosurgery Inc., Assut Medical Sarl, Aspen Surgical Products Inc.
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Surgical Sutures And Staples Market Overview
Surgical sutures and staples are medical devices used by surgeons to hold skin, internal organs, blood vessels, or any other tissues together after they have been severed during surgery. Sutures and staples hold incised body parts together until they are completely healed. These devices can either be absorbable or non-absorbable. An absorbable suture breaks down in tissue and degrades as a wound or incision heals. A non-absorbable suture resists the body's attempt to dissolve it. Non-absorbable sutures must be removed after a surface incision heals.
Surgical Sutures And Staples Global Market Report 2023 provides data on the global surgical sutures and staples market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The surgical sutures and staples market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.