Surgical Sutures Market to register a 6.0% CAGR between 2018 and 2026

Surgical Sutures Market Anticipated to Touch $5,982.9 Mn by 2026- Fortune Business Insights

Pune, India – August 30, 2019 /MarketersMedia/ —

The Global Surgical Sutures Market is expected to rise at a CAGR of 6.0% between 2017 and 2025 owing to increasing number of surgical procedures. The above information was shared by Fortune Business Insights in a report, titled “Merkel Cell Carcinoma Therapeutics Market Size, Share and Global Trend By Therapy (Chemotherapy, Immunotherapy, Combination Therapy, Others), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy), and Geography Forecast till 2026.”

Presence of Key Players Contributes to the Growth of the Market in North America
Some of the key surgical sutures manufacturers in the U.S. have introduced multifilament and braided surgical sutures. The strategic presence of these companies is expected to create attractive growth opportunities for the market in North America. In 2017, the market was leading in north America and was worth US$ 1,489.6 Mn. The increasing prevalence of cardiovascular diseases in this region, especially in Canada and the U.S. leads to rising number of surgeries. This, in turn, is expected to stoke demand for surgical sutures.
Following North America, Europe is the second-leading region in the global surgical sutures market. Not only Europe, Asia Pacific is also expected to register high growth in the forecast years owing to improving healthcare facilities. Better healthcare reimbursement policies are likely to boost the market in this region. The medical tourism industry is flourishing owing to the low treatment cost and rapidly changing lifestyle. This is another factor favouring growth in the market.

Segmentation
By Product Type
· Absorbable
· Non-absorbable
By Form
· Natural
· Synthetic
By Application
· Gynecology
· Orthopedics
· Cardiology
· Ophthalmic
· General Surgery
By End User
· Hospitals
· Ambulatory Surgery Centers
· Clinics
· Others
By Geography
· North America (the USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
· Latin America (Brazil, Mexico, Rest of Latin America)
· Middle East & Africa (GCC, South Africa, Rest of the Middle East & Africa)

Get PDF Brochure of this Report@ https://www.fortunebusinessinsights.com/enquiry/sample/surgical-sutures-market-100660

By 2025, the Global Surgical Sutures Market is anticipated to reach US$ 5,982.9 Mn, as against US$ 3,750.9 Mn in 2017. Surgical sutures play a crucial role in the wound healing process and the devices help to hold the tissues during and after surgery. The rising prevalence of musculoskeletal disorders and rising geriatric population are factors driving the surgical sutures market growth. The demand for surgical sutures is increasing as people are becoming well-aware of patient safety during surgeries. This, coupled with rising healthcare spending, is expected to increase the surgical sutures market size in the forthcoming years.

Some of the other players operating on the market are CP Medical, Coloplast Corporation, Molnlycke Healthcare, Demetech Corporation, BSN Medical, Internacional Farmacéutica, Boston Scientific Corporation, and Apollo Endosurgery, Inc.

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Name: Ashwin Arora
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Organization: Fortune Business Insights Pvt. Ltd.
Website: http://www.fortunebusinessinsights.com

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Source: MarketersMedia

Release ID: 88913967

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