Surgical Sutures Market is Anticipated to Reach a Value of US$ 5,080.1 mn by 2025

Global Surgical Sutures Market: Snapshot

The global surgical sutures market is envisaged to gather pace in terms of growth as the incidence of hernia, trauma, and soft tissues, skin, and breast-related conditions continues to see a rise. In addition, increasing prevalence of musculoskeletal disorders and constant rise in geriatric population could create profit-making opportunities in the global surgical sutures market. On the other hand, increasing number of peripheral vascular surgeries is expected to raise demand in the global surgical sutures market.

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Anticipated to register a 3.9% CAGR between 2017 and 2025, the global surgical sutures market could present an incremental opportunity worth a US$5.0 bn during the said forecast period.

Lower Risk of Wound Infection to Stoke Demand for Absorbable Surgical Sutures

On the basis of end user, the global surgical sutures market is classified into ambulatory surgical centers, specialty clinics, and hospitals. Among these, hospitals are foreseen to become a prominent segment of the global surgical sutures market. Developing countries witnessing an increase in the number of new hospitals, promising reimbursement policies, and rising count of complicated surgeries performed in hospitals could support the growth of this segment for the next few years.

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By application, the global surgical sutures market sees a classification into orthopedic, cardiovascular, gynecological, general, and other surgeries. Among these, cardiovascular surgeries are prophesied to account for an impressive share of the global surgical sutures market. High incidence of cardiovascular diseases and increase in the number of cardiovascular surgeries performed could set the tone for significant growth of this segment in the global surgical sutures market.

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North America to Take Lead as Demand for Advanced Treatments Increases

From a geographical perspective, the surgical sutures market is prognosticated to find North America ranking higher in relation to revenue growth. The region bagged a 35.0% share of the global surgical sutures market in 2016. Rising demand for advanced treatments, increasing number of surgeries, and high incidence of cardiovascular diseases could prove beneficial for the surgical sutures market in the region.

Asia Pacific could also show promising growth in the global surgical sutures market as it rises at a steady CAGR during the aforementioned forecast period. Factors such as increasing incidence of lifestyle-related diseases, low cost of treatment, growing medical tourism, and rising awareness among end users are expected to create lucrative prospects in the Asia Pacific surgical sutures market.

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