The global demand for Synthetic Absorbable Sutures Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Tons in 2021 and foreseen to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Synthetic absorbable sutures are a strand of material that is used for closing wounds that dissolves in the body fluids and disappears. These are composed of chemical polymers that are absorbed by hydrolysis and cause a lesser degree of tissue reaction after placement. The advantages include the elimination of a follow-up visit to remove the patient's sutures and the possibility of decreased scarring and infection.
Market Dynamics
Demands for absorbable sutures materials are on the rise due to an increase in several surgical procedures performed worldwide, regardless of the availability of substitute sutures. The advent of synthetic absorbable suture has provided a new dimension in surgical suturing. The growing incidence rate of wound infection and wound dehiscence rates is responsible for its increased use in surgeries. Superior and exceptional applications over others, makes it best approach for surgical sutures, surgical implants, and surgical scaffolds. On the flip side, increasing preference for non-invasive treatment due to the high cost of surgeries is hampering the growth of sutures including synthetic absorbable sutures.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of Synthetic Absorbable Sutures.
Market Segmentation
The entire Synthetic Absorbable Sutures market has been sub-categorized into product, material, application, and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product
- Polyglactin Sutures
- Polyglycolic Acid Sutures
- Poliglecaprone Sutures
- Poliglecaprone 25
- Polydioxanone Sutures
By Material Type
- Monofilament Sutures
- Braided Sutures
By Application
- Valve Sutures
- Cardiovascular Sutures
- Gynecology Sutures
- Orthopedic Sutures
- Dental Sutures
- Cosmetic Surgery Sutures
- Ophthalmic Sutures
- General Sutures
By End User
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for Synthetic Absorbable Sutures market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Synthetic Absorbable Sutures Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Synthetic Absorbable Sutures market include B. Braun Melsungen AG, Medtronic plc, Teleflex Incorporated, Johnson & Johnson, Smith & Nephew plc, Acelity L.P. Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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