The global surgical sutures and staples market size is expected to grow from $11.1 billion in 2021 to $12.21 billion in 2022 at a compound annual growth rate (CAGR) of 10.0%. The global surgical suture and staple market size is then expected to grow to $16.66 billion in 2026 at a CAGR of 8.1%.
What is the Global Surgical Sutures and Staples Market?
The surgical sutures and staples market consists of sales of surgical sutures and staples and related services. 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.
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What drives the Global Surgical Sutures and Staples Market?
The increase in the number of surgical procedures across the globe is an important driver for the surgical sutures and staples market. This is mainly because surgeries are an important treatment procedure used to repair an injury, relieve symptoms, restore function, remove diseased organs, or replace anatomical parts of the body. Moreover, surgeries are also performed under emergency conditions such as trauma, fracture, and acute infection. For instance, according to the US Department of Health & Human Services, there were 22 million surgeries performed in the US out of which 52.7% were in outpatient surgeries. It is estimated that 234 million surgeries are performed throughout the world every year.
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Global Surgical Sutures and Staples Market Segments
The global surgical sutures and staples market is segmented:
By Type: Surgical Sutures, Surgical Staples
By End-User: Hospitals, Ambulatory Surgical Centers (ASCs), Clinics
By Surgical Suture: Absorbable, Non-Absorbable
By Surgical Staple: 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 accounts for the largest share in the global surgical sutures and staples market.
Surgical Sutures and Staples Global Market Report 2022provides market size and growth forecasts for the global surgical sutures and staples market, global surgical sutures and staples market share, surgical sutures and staples market segments and geographies, surgical sutures and staples market competitive landscape including leading competitors’ revenues, profiles and market shares. The surgical sutures and staples market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Surgical Sutures and Staples Industry Playersinclude 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, and Dextera Surgical Inc. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
