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Surgical Sutures Market- Identify Opportunities and Challenges

In-depth analysis of the surgical sutures industry is conducted based on market estimations of the key segments for the period of 2014-2022. Comprehensive analysis of factors that drive and restrict the growth of the global surgical sutures market is provided in the report.<br><br>

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Surgical Sutures Market- Identify Opportunities and Challenges

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Surgical Sutures Market Expected to Reach $5,255 Million, Globally by 2022 Global Opportunity Analysis and Industry Forecast, 2014-2022

  2. Surgical Sutures Market “Absorbable sutures are expected to propel the market growth with a high growth rate, as these sutures are used in different surgical applications such as cardiovascular surgery, dental surgery, and repair of general soft tissues”  

  3. Surgical Sutures Market Overview Surgical Sutures Market Report, published by Allied Market Research, forecasts that the global market accounted for $3,360 million in 2015, and is expected to reach $5,255 million by 2022, growing at a CAGR of 6.4% from 2016 to 2022. The sutures segment dominated the market in 2015 with more than four-fifths share. View Detail Summary of this report: https://www.alliedmarketresearch.com/surgical-sutures-market Global escalation in the number of hospitals, surge in the adoption of technologically advanced products, and increase in number of surgeries due to geriatric population & patients with various chronic diseases are the major factors that drive the growth of surgical sutures market. However, the adoption of substitute products such as advanced wound closure materials and lack of proper sterilization process in healthcare settings are projected to hinder the market growth.

  4. Surgical Sutures Market Surgical suture is a medical tool to stich the cutaneous wound and close the surgical incision. It is used to stich internal organs after surgery, skin, blood vessels, and all other tissues of the human body. Sutures could be absorbable or non-absorbable, with different properties (such as tensile strength and knot security) depending on the need and surgery.  The sutures segment accounted for more than four-fifths share of the market in 2015, and is expected to dominate the market, growing at a CAGR of 6.3%. The absorbable suture dissolves in tissues after a period of time and heals the wound, whereas non-absorbable suture is to be removed after the incision is healed. The absorbable suture segment held the largest share in 2015, and is anticipated to continue its dominance.

  5. Surgical Sutures Market, Snapshot North America had the highest market share in 2015 in global surgical sutures market. This is attributed to the higher adoption of technologically advanced products such as absorbable & antibacterial coated sutures in the region, growth in surgical procedures with increase in prevalence of various chronic diseases, and the development of the wound management sector. However, Asia-Pacific is estimated to be the fastest growing region due to its highest patient population, suffering from diabetes, cardiovascular diseases, coronary thrombosis, cancer, and others. The key players account for more than three-fourths of the global surgical sutures market share. Some of these include Johnson & Johnson Inc., B. Braun Melsungen AG, Smith & Nephew plc, Demetech Corporation, Conmed Corporation, W.L. Gore & Associates, Boston Scientific Corporation, 3M Healthcare, Medtronic Inc., and Sutures India Pvt Ltd. 

  6. Key Benefits of Surgical Sutures Market • In the year 2015, suture was the leading segment that accounted for 85.4% of the suture market, and is projected to grow at a CAGR of 6.3% during the forecast period. • North America accounted for the share of 44.5% of the in 2015, and is projected to grow at a CAGR of 6.1%. • The prolene suture segment showed the highest growth in the non-absorbable sutures market, and is projected to continue its lead. • U.S. is the major shareholder in the North American region, accounting for 91.5% share in 2015. • Germany is the major shareholder in the Europe, accounting for 19.7% share in 2015.

  7. Surgical Sutures Market North America Europe Asia-Pacific LAMEA

  8. Surgical Sutures Market Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/request-sample/1642 Follow Us On

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