Absorbable Surgical Sutures Market Pegged for Robust Expansion by 2026 - PowerPoint PPT Presentation

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Absorbable Surgical Sutures Market Pegged for Robust Expansion by 2026

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Surgical sutures with a market value of US$3-3.5 Billion are broadly classified as natural and synthetic based on their origin. Although variety of polymers are used to make the synthetic absorbable surgical sutures, polyglycolic acid (co-polymers), polylactic acid (co-polymers), Caprolactone and polydioxanone are more popular than others. The natural ones are commonly prepared from collagen derived from mammals. Synthetic absorbable sutures are further segmented as monofilament or multifilament form. The report also segments absorbable sutures into demand for colored products (yellow-brown, pink-red, green-blue and violet). – PowerPoint PPT presentation

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Title: Absorbable Surgical Sutures Market Pegged for Robust Expansion by 2026


1
Presents a Research Report on Absorbable
Surgical Sutures Market
In recent years the reduced wound infection due
to the absorbable nature of sutures have created
a demand for more and technologically advanced
materials in the market. The applications of
these absorbable sutures are multiple such as
stitching internal organs during surgery, common
wound and others.


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2
Absorbable Surgical Sutures Market Highlights
Drivers
  • Surgical sutures with a market value of US3-3.5
    Billion are broadly classified as natural and
    synthetic based on their origin. Although variety
    of polymers are used to make the synthetic
    absorbable surgical sutures, polyglycolic acid
    (co-polymers), polylactic acid (co-polymers),
    Caprolactone and polydioxanone are more popular
    than others.

Absorbable sutures keep their tensile strength as
long as it is required over the healing process.
Parallel to the increasing strength of the
tissue, they are degraded by the tissue
metabolism (proteolytic enzymatic degradation)
until they are completely dissolved. They are
ideal for internal wounds such as those made
after childbirth. The added advantage of
absorbable sutures is that they lose their entire
or most of the tensile strength within 3 months.
However, some new sutures are available in the
market which can retain their tensile strength
beyond 3 months. The suture strength is usually
segmented as Plain catgut, Dexon and Vicryl.
Catgut material of absorbable sutures are derived
from sheep intestinal submucosa.
3
Market Insight
Market Insights The United States Pharmacopeia
defines the range of sutures from 1-6 where 1
is the smallest. With the advancement of
technology 0 was also added and later even
thinner sizes were manufactured (00 to 000000
)6/0 which have found heavy usage in orthopedic
segment. Suture industry and needle manufacturing
industry work hand in hand. Atraumatic needles
are produced in different shapes according to the
sizes needed. On an average a 250-300 bedded
hospital spends approx. USD 80K-1.5 Million on
purchase of sutures, while a mid-sized hospital
spends around 250K-320K USD annually and a small
hospital or mobile clinic would go for 50K-60K
USD/annum expenditure. Its a big opportunity
with lot of white spaces for new players.
4
Competitive Insights Market Segmentation
  • Key Players
  • Ethicon Inc, Endo Evolution LLC,
  • Boston Scientific Corporation,
  • Johnson Johnson Pvt Ltd,
  • Conmed Corporation, WL Gore Associates
  • 3M from USA.
  • Peters Surgical (France),
  • Smith Nephew (UK),
  • B Braun Melsungen AG (Germany),
  • Serag-Wiessner GmbH (Germany),
  • Medtronic PLC (Ireland)
  • Sutures India Pvt Ltd. (India).

5
Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
  • Annual Reports / Fact Book
  • Company Websites
  • Magazines / Publications
  • Press Releases Journals
  • Industry News
  • Association Articles
  • Government Documents
  • Social Media
  • Others
  • Robust database across value chain
  • In-house industry veterans as advisors
  • Project based subject matter experts
  • Industry Players
  • Industry Experts
  • Suppliers
  • Customers
  • Associations
  • Government Institutions
  • Others

6
Report Features
  • This report provides market intelligence in the
    most comprehensive way. The report structure has
    been kept such that it offers maximum business
    value. It provides critical insights on the
    market dynamics and will enable strategic
    decision making for the existing market players
    as well as those willing to enter the market. The
    following are the key features of the report
  • Market structure Overview, industry life cycle
    analysis, supply chain analysis.
  • Market environment analysis Growth drivers and
    constraints, Porters five forces analysis, SWOT
    analysis.
  • Market trend and forecast analysis.
  • Market segment trend and forecast.
  • Competitive landscape and dynamics Market share,
    product portfolio, product launches, etc.
  • Attractive market segments and associated growth
    opportunities.
  • Emerging trends.
  • Strategic growth opportunities for the existing
    and new players.
  • Key success factors.

7
About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
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Rich Industry Experience
Robust Methodology
Effective Business Decisions
8
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-sutures-market.htmlform Email us
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9
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