Global Suture Market Growth 2023-2029

Global Suture Market Growth 2023-2029

Product Code:457059

Published Date: Feb 08,2023

Pages: 120

Region: Global

Category: Medical Devices & Consumables

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Suture is a specific linear suture material which is used in surgery or trauma dispose for hemostasis and tissue suturing. They also are used to close incisions from surgery. A suture is a medical device used in wound closure.

The unit “Pcs” means a suture.

LPI (LP Information)' newest research report, the “Suture Industry Forecast” looks at past sales and reviews total world Suture sales in 2022, providing a comprehensive analysis by region and market sector of projected Suture sales for 2023 through 2029. With Suture sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Suture industry.

This Insight Report provides a comprehensive analysis of the global Suture landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Suture portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Suture market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Suture and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Suture.

The global Suture market size is projected to grow from US$ 1030 million in 2022 to US$ 1276.5 million in 2029; it is expected to grow at a CAGR of 1276.5 from 2023 to 2029.

Global suture key players include Johnson & Johnson Medical, Medtronic, Peters Surgical, B.Braun, Internacional Farmacéutica etc. Global top five manufacturers hold a share over 35%.

America is the largest market, with a share over 25%, followed by Europe and China, both have a share over 30% percent. In terms of product, Absorbable sutures is the largest segment, with a share over 60%. And in terms of application, the largest application is Human Application, followed by Veterinary Application.

This report presents a comprehensive overview, market shares, and growth opportunities of Suture market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Absorbable Sutures
    Non-absorbable Sutures

Segmentation by application
    Oral Surgery
    Plastic Surgery
    Cardiovascular Surgery
    Gynecology
    Ophthalmic Surgery
    Orthopedic Surgery
    Laparoscopic & Robotic Surgery
    Urology
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Johnson & Johnson Medical
    Medtronic
    Peters Surgical
    B.Braun
    Internacional Farmacéutica
    DemeTech
    Kono Seisakusho
    Surgical Specialties
    Mani
    Samyang Biopharmaceuticals
    AD Surgical
    Dolphin
    Usiol
    Unik Surgical Sutures MFG
    Assut Medical Sarl
    Teleflex
    Lotus Surgicals
    CONMED
    United Medical Industries
    W.L. Gore & Associates
    Sutures India Pvt
    Huaiyin Micra
    Weihai Wego
    Shanghai Pudong Jinhuan Medical Products
    Horcon Medical
    JiangXi 3L Medicinal Products
    Jiangxi Longteng
    Shanghai Tianqing
    Huaian Angle
    Ranyuan
    Hang Zhou Fu Yang Medical Suture Needle Factory
    Hangzhou Valued Medtech
    Hainan Jianke Pharmaceutical

Key Questions Addressed in this Report
What is the 10-year outlook for the global Suture market?
What factors are driving Suture market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Suture market opportunities vary by end market size?
How does Suture break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?