Sutures Market

The global sutures market is estimated to be valued at USD 4.26 BN in 2024 and is expected to exhibit a CAGR of 8.3% during the forecast period (2024-2031). The sutures market has witnessed significant growth in the recent years owing to a rising incidence of trauma cases, increasing number of surgeries worldwide, and growing geriatric population. Sutures are medical devices that are used to ligate blood vessels or to stitch skin, internal organs, and soft tissues during surgical procedures such as cesarean section, cardiovascular surgeries, ophthalmic procedures, and orthopedic surgeries. Advancements in suture material, such as absorbable and non-absorbable sutures, have enhanced the functionality of these devices and improved clinical outcomes. Moreover, self-knotting suturing devices have automated the tying process, thus saving time for surgeons. The global sutures market is expected to exhibit strong growth over the forecast period due to the increasing adoption of minimally invasive surgeries and technological advancements in suture products.

Market Dynamics:

The global sutures market is driven by the rising geriatric population, increasing prevalence of chronic diseases, growth in healthcare spending, technological advances in suture products, and rising number of surgical procedures worldwide. However, high costs associated with surgical procedures and sutures and availability of alternative wound care management products are expected to restrain the market growth. Some of the opportunities for the sutures market include the development of advanced absorbable sutures, automation in suturing devices, and integration of robotics in surgery. The increasing demand for minimally invasive surgeries especially in developing countries is anticipated to present lucrative opportunities for players in the coming years.

Key Features of the Study:

• This report provides an in-depth analysis of the global sutures market, and provides market size (USD BN) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global sutures market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Medtronic Plc, Johnson & Johnson, SMI, Advanced Medical Solutions Group plc, GMD Group (General Medical Disposable), Bentley Healthcare Pvt. Ltd., Lotus Surgicals, Teleflex Incorporated, Sutumed, Lux Sutures, CliniSut, Smith & Nephew Plc, B. Braun Melsungen AG, CONMED Corporation, Unilene, Riverpoint Medical, Unisur Lifecare Pvt. Ltd., Orion Sutures India Pvt Ltd, Dolphin Sutures, Peters Surgical, Meril Life Sciences Pvt. Ltd., and Corza Medical.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global sutures market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global sutures market.

Market Segmentation

• Type:
• • Absorbable Sutures
    • Natural Sutures
    • Synthetic Sutures
      • Poliglecaprone 25 Sutures
      • Polyglactin 910 Sutures
      • Polyglycoloc Sutures
      • Polydioxanone Sutures
      • Others
  • Non-absorbable Sutures
    • Nylon Sutures
    • Stainless Steel Sutures
    • Polypropylene Sutures
    • Silk
    • Others
• Application:
  • Cardiovascular Surgeries
  • Ophthalmic Surgeries
  • General Surgeries
  • Gynecology surgeries
  • Orthopedic Surgeries
  • Others  
• Filament Type:
  • Monofilament
  • Multifilament
• End User:
  • Hospitals
  • Clinics
  • Ambulatory Care Centers
  • Others
• Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
  • Medtronic Plc
  • Johnson & Johnson
  • SMI
  • Advanced Medical Solutions Group plc
  • GMD Group (General Medical Disposable)
  • Bentley Healthcare Pvt. Ltd.
  • Lotus Surgicals
  • Teleflex Incorporated
  • Sutumed
  • Lux Sutures
  • CliniSut
  • Smith & Nephew Plc
  • Braun Melsungen AG
  • CONMED Corporation
  • Unilene
  • Riverpoint Medical
  • Unisur Lifecare Pvt. Ltd.
  • Orion Sutures India Pvt Ltd
  • Dolphin Sutures
  • Peters Surgical
  • Meril Life Sciences Pvt. Ltd.
  • Corza Medical