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(HomeGarden247.com, November 09, 2018 ) "Global Surgical Suture Market is estimated to grow at a CAGR of 5.4% during the forecast period from 2018 to 2025. The market for surgical sutures is estimated to reach US$ 4,503.3 Mn in 2025. The market has been witnessing a steady growth rate during the past recent years and is anticipated to experience similar trend in the coming years. Additionally, manufacturers are focusing towards product innovation in the material used for manufacturing the sutures and the instruments holding the sutures by means of research and development activities.
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Surgical sutures are medical devices that are utilized during the surgical procedures for closing a wound with stitches. Many researchers and market players have developed innovative type of sutures which include absorbable and non-absorbable suture. Sutures are used for stitching the incisions during the surgical procedures or the cuts and wounds occurred during the accidents or injuries. The absorbable sutures are used as they get dissolved in the body with tissue enzymes easily. The advancements in the field of surgical sutures have resulted in increased developments of surgical sutures.
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The major players operating in the of surgical sutures across the global market include, B. Braun Melsungen AG, Medtronic, Ethicon USA, LLC, Smith & Nephew, Atramat, Demetech Corporation, Sutures India, Pιters Surgical, Teleflex Medical OEM, Serag-Wiessner GmbH & CO. KG among others.
The market for surgical sutures is dominated by the North American market due to rise in the demand for surgical sutures in the region. The market is expected to rise in during the forecast years owing to factors such as increase in the number of surgical procedures in the region. In the North American market United States holds the largest market for the surgical sutures owing to the factors such as rise in the number of surgeries for the cardiovascular diseases. In addition, the orthopedic surgeries are being carried out more in this country. As per the American Joint Replacement Registry (AJRR) it is estimated that by 2030 near about 3.48 Mn people will be requiring knee replacement.
Table of Content:
1.1 SCOPE OF THE STUDY 24
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 24
2. GLOBAL SURGICAL SUTURES MARKET KEY TAKEAWAYS 25
3. GLOBAL SURGICAL SUTURE MARKET MARKET LANDSCAPE 27
3.1 OVERVIEW 27
3.2 MARKET SEGMENTATION 27
3.3 GLOBAL SURGICAL SUTURES MARKET BY PRODUCT 28
3.4 GLOBAL SURGICAL SUTURES MARKET BY APPLICATION 29
3.5 GLOBAL SURGICAL SUTURES MARKET BY GEOGRAPHY 29
3.6 PEST ANALYSIS 30
3.6.1 North America PEST Analysis 30
3.6.2 Europe PEST Analysis 32
3.6.3 Asia Pacific PEST Analysis 34
3.6.4 Middle East and Africa PEST Analysis 36
3.6.5 South and Central America PEST Analysis 38
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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