Global Absorbable And Non Absorbable Sutures Market Growing at a CAGR of 4.2% from 2017 to 2024,Expected to reach USD 4.6 billion by 2024
Global Absorbable And Non Absorbable Sutures Market is expected to reach USD 4.6 billion by 2024 from USD 3.3 billion in 2016, at a CAGR of 4.2% in the forecast period 2017 to 2024.
Pune, India – July 26, 2017 /MarketersMedia/ —
The usage of Absorbable And Non Absorbable Sutures Market are increasing in today’s market owing to its benefits such as increase in the expenditures towards availing the advanced healthcare facilities, increase in the no. of hospitals ,clinics and other types of surgeries.
Global Absorbable And Non Absorbable Sutures Market, By Product Type (Automated Suturing Devices (Disposable, Reusable), Sutures (Absorbable (Natural, Synthetic (Vicryl, Monocryl, Polydioxanone, Polyglycolic)), Non-Absorbable (Nylon, Prolene, Stainless Steel))), By Surgery Type (Cardiovascular, Orthopedic, Gynecology, Opthalmology, General Surgery, Others), By End Users (Hospitals, Ambulatory Centers, Clinics, Community Healthcare, Others), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa, Rest of the World) – Trends and Forecast to 2024
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The Global Absorbable And Non Absorbable Sutures Market is segmented on the basis of product type, usability, end-user, distribution channel and geography.
On the basis of product type the absorbable and non-absorbable market is segmented into automated suturing devices and sutures segments. The absorbable sutures market segment is expected to grow at highest CAGR. In 2017, the absorbable sutures segment is expected to dominate the market with 62.7% market share.
On the basis of product type into disposable and reusable suturing devices. Sutures market segment is further segmented into absorbable and non-absorbable sutures.
Based on application, the market is segmented into cardiovascular, orthopedic, general surgery, plastic surgery, veterinary surgery, dental surgery and others.
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On the basis of end users the absorbable and non absorbable sutures market is segmented into hospitals, ambulatory centers, clinics, community healthcare and, others.
Based on geography, the market is segmented into five geographical regions:
• North America
• South America
• Europe
• Asia-Pacific(APAC)
• Middle East and Africa(MEA)
Some of the major players operating in this market are
• B. Braun Melsungen AG, Ethicon, Inc.
• Smith & Nephew, Demetech Corporation
• Conmed Corporation
• W.L. Gore & Associates, Tepha Inc.
• Meta Biomed Co. Ltd.
• Zimmer Biomet
• CP Medical, Inc.
• Miltex (A Integra LifeSciences Corporation Company
• Assut Medical Sarl, DyNek Pty Ltd
• Footberg Ltd.
• Stoelting Co., Unimed Medical Industries Ltd.
• Teleflex Incorporated
• Boston Scientific Corporation
• Medtronic
• Surgical Specialties Corporation
• Resorba Medical GmbH
• Medline Industries, Inc
• AD Surgical
• Suture Express
• Santec Medicalprodukte GmbH
• Clinisut, Coreflon, Aspen Surgical
• Vigilenz Medical Devices Sdn Bhd
• Medipac S.A.
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