Market Overview
The global surgical sutures market reached US$ XX billion in 2023 and is expected to reach US$ XX billion by 2031, growing at a CAGR of XX% during the forecast period 2024-2031.
Surgical sutures are vital tools in surgery, serving multiple purposes such as wound closure, tissue approximation, hemostasis, and support. They contribute to successful surgical outcomes, minimize complications, and promote optimal wound healing. Surgical sutures provide surgeons with the ability to precisely manipulate tissues during a procedure. They allow for meticulous closure and reconstruction, enabling surgeons to achieve the desired surgical outcomes.
Moreover, the rising incidence of road accidents and surgeries are factors driving up the surgical suture market size. Accidents can cause a wide range of injuries, from cuts and wounds to more severe interior injuries, many of which require surgical treatment for wound closure, tissue healing, or organ reconstruction.
Companies are innovating advanced surgical sutures to meet the need during surgical procedures. For instance, in September 2024, Meril launched its latest innovation, the New Edge Suture. It is designed to elevate surgical performance, the New Edge Suture embodies precision, strength, and reliability, setting a new benchmark in suturing technology.
Executive Summary
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Market Dynamics: Drivers & Restraints
Rising number of surgical procedures
The increasing number of surgical procedures is a significant driver for growth in the surgical sutures market. As the number of surgeries performed globally continues to rise, there is a corresponding surge in demand for sutures, which are essential for effective wound closure and tissue repair. The rising incidence of chronic diseases such as cardiovascular diseases and diabetic-related diseases is one of the major factors for increasing surgical rates.
The world's aging population is one of the primary drivers of the increase in surgical procedures. Elderly people often require more treatments, particularly surgical procedures. Aging is associated with an increased prevalence of disorders like arthritis, osteoporosis, cardiovascular disease, and cancer, all of which usually require surgical intervention.
There are increasing complications among individuals which are leading to the occurrence of surgeris. For instance, According to the American Academy of Orthopaedic Surgeons, more than 700,000 total knee replacements are performed annually in the U.S. Surgical sutures play an important role in wound closure procedures. Sutures help to control bleeding, provide a better approximation, and are time-effective. Thus, there is an increasing demand for surgical sutures with the increasing surgical procedures.
Rising competition from alternatives for surgical sutures
The rising number of alternative options for surgical sutures is expected to hinder the overall surgical sutures market growth. While the surgical sutures market is expanding due to an increase in surgical operations and technical improvements, alternative wound closure methods pose significant hurdles. The rise of surgical staples, tissue adhesives, and new suturing technologies poses severe competition, which could hinder the traditional surgical sutures market's growth in the next years. Surgical sutures face strong competition from alternatives such as surgical staples, surgical glues, tissue sealants, etc.
Market Segment Analysis
The global surgical sutures market is segmented based on cause, type, application, end-user and region.
Type:
Absorbable segment is expected to dominate the surgical sutures market share
The absorbable surgical sutures segment dominates the surgical sutures market due to its large market share, benefits such as simplicity of use, lower complication risks, and ongoing technical improvements. Absorbable sutures are medical threads designed to close wounds or surgical incisions. They are intended to be broken down and absorbed by the body over time, avoiding the need for removal. These sutures are made of natural and synthetic materials and have distinct features and benefits.
Absorbable sutures are intended to keep wounds closed during the critical early phases of recovery. This promotes proper wound healing, reduces the likelihood of problems including wound opening, and improves overall cosmetic results and other surgical procedure results. Absorbable sutures are preferred when tissue heals quickly and long-term support is unnecessary.
Ongoing advancements and rising product innovations are also expected to contribute to the overall segment’s growth. The market players are increasingly developing new absorbable sutures, which is one of the significant growing factors. For instance, Stryker announced the launch of Citrefix, a suture anchor system for foot and ankle surgical procedures. The new system uses Citregen, an award-winning bioresorbable material designed to mimic the chemistry and structure of native bone.
Application:
Cardiovascular segment is expected to dominate the Surgical Sutures market share
The cardiovascular surgeries segment is expected to be the dominant segment in the surgical sutures market. Cardiovascular surgery involves heart transplantation surgery to treat the complications of ischemic heart disease, valvar heart disease, or congenital heart disease. Sutures of the greatest quality and compatibility are required for surgical procedures affecting the cardiovascular system, which are the most complex and risky.
As the number of patients with heart diseases rises, so will the number of cardiovascular procedures, increasing the need for surgical sutures. For instance, according to the World Health Organization, cardiovascular diseases (CVDs) are the leading cause of death worldwide, claiming the lives of an estimated 17.9 million people each year. CVDs are a collection of heart and blood vessel disorders that include coronary heart disease, cerebrovascular disease, rheumatic heart disease, and others. Heart attacks and strokes account for more than four out of every five CVD deaths, and one-third of these deaths occur in adults under the age of 70. As a result, the above factors contribute to segment growth.
General segment is the fastest-growing segment in the Surgical Sutures market share
The general surgeries segment is expected to be at the fastest growing pace in the global surgical sutures market. As the global population ages, there is an increasing number of individuals requiring general surgical procedures. Elderly patients often undergo surgeries for conditions such as gallbladder issues, hernia repairs, and cholecystectomies, all of which necessitate the use of surgical sutures for effective wound closure. This demographic shift is significantly contributing to the growth of the general surgery segment.
Market Geographical Share
North America is expected to hold a significant position in the surgical sutures market share
North America holds a significant market share in the surgical sutures market and is expected to continue throughout the forecast period. The region's dominance can be attributed to a high prevalence of chronic diseases, rising demand for surgical procedures, the presence of a large number of medical manufacturing companies and the increasing advancements in the products to develop new portfolios by the companies.
A large number of market players are involved in extensive research and development of advanced products. These companies provide a variety of sutures, including absorbable, non-absorbable, and antimicrobial sutures, which are widely used in hospitals and clinics across North America. Innovations such as the development of new biodegradable sutures, biocompatible materials, and smart sutures are frequently pioneered in North America, keeping the region at the top of the global market.
For instance, in October 2024, Corza Medical launched its innovative new line of Onatec ophthalmic microsurgical sutures, unveiled at the American Academy of Ophthalmology (AAO) conference in Chicago October 18-21. Thu, the above factors are driving the region’s surgical sutures market growth.
Asia-Pacific is growing at the fastest pace in the Surgical Sutures market
Asia-Pacific is experiencing the fastest growth in the surgical sutures market. The Asia-Pacific segment's strong expansion in the surgical sutures market is due to higher healthcare investments, demographic trends toward an elderly population, technological advancements in suturing materials, and an increase in awareness of advanced surgical procedures. These factors are driving the Asia-Pacific surgical suture market growth and are expected to position the region with excellent growth prospects in the next years.
The market players in the region are expanding their products and are introducing new products with advanced features. For instance, in August 2023, Healthium Medtech launched TRUMASTM, a range of sutures meticulously designed to address challenges faced during suturing in minimal access surgeries. Thus, the above factors are contributing to the market growth at a faster rate.
Market Competitive Landscape
The major global players in the surgical sutures market include Medtronic, Johnson & Johnson, Teleflex Incorporated., Corza Medical, B. Braun SE, Healthium Medtech Limited, Vital Sutures, Peters Surgical, Dolphin Sutures, and Meril Life Sciences Pvt. Ltd. among others.
Metrics | Details | |
CAGR | XX% | |
Market Size Available for Years | 2022-2031 | |
Estimation Forecast Period | 2024-2031 | |
Revenue Units | Value (US$ Mn) | |
Segments Covered | Type | Absorbable, Non-absorbable |
Application | Cardiovascular, General, Gynecological, Orthopedic, Ophthalmic, Other Surgeries | |
End-User | Hospitals, Clinics, Ambulatory Surgical Centers, Others | |
Regions Covered | North America, Europe, Asia-Pacific, South America, and Middle East & Africa | |
Key Developments
In January 2023, Able Medical Devices today announced the launch of Valkyrie Looped Sternotomy Sutures.
In August 2022, MedTech innovator and OurCrowd portfolio company Ossio launched its proprietary Suture Anchors for orthopedic surgery in the US.
Why Purchase the Report?
- To visualize the global surgical sutures market segmentation based on type, application, end-user, and region as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of surgical sutures market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- Product mapping available as Excel consisting of key products of all the major players.
The global surgical sutures market report would provide approximately 53 tables, 47 figures, and 176 pages.
Target Audience 2024
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
