In our research on surgical sutures, we have categorized the market based on product type and application. The product category is divided into absorbable and non-absorbable sutures. Absorbable sutures are further classified into natural and synthetic types. The application segment includes various surgical fields such as cardiovascular, orthopedic, general, gynecological, ophthalmic surgeries, and others. Additionally, the global surgical sutures market is divided geographically into regions including North America, Europe, Asia Pacific, the Middle East & Africa, and South and Central America.
The Asia Pacific region is currently the fastest expanding market for surgical sutures, ranking third globally. It is projected to experience substantial growth throughout the forecast period. Key factors contributing to this growth include an increase in cardiovascular and gastroenterology surgeries in countries like Japan and China, as well as a surge in medical tourism in India. The surgical sutures market in Asia Pacific is expected to rise from USD 504.2 million in 2017 to USD 816.9 million by 2025, reflecting a compound annual growth rate (CAGR) of 6.2% during this period.
Future market growth is anticipated due to several factors, including the strategic initiatives of leading companies aiming to expand their reach through geographical diversification and the launch of innovative products. For example, Ethicon USA, LLC commands a significant market share of 47.4% in the sutures sector. Another contributing factor to the growth of surgical sutures in the Asia Pacific region is the increasing prevalence of aesthetic surgeries. Notably, Japan has a high demand for eyelid surgery, which is relatively uncommon in the global aesthetic surgery landscape. According to the International Society of Aesthetic Plastic Surgery, Japan accounts for over one-fifth of the 1.3 million eyelid procedures performed worldwide, alongside other countries in the Asia region.
Within the absorbable sutures category, the polyglactin suture segment held the largest market share in 2017, with an expected CAGR of 6.3%. This segment is anticipated to maintain its leading position throughout the forecast period from 2018 to 2025, significantly contributing to the overall revenue of the absorbable sutures market in the future.
The global surgical sutures market comprises both well-established and emerging companies operating at various regional and local levels. Notable players in the surgical sutures market include B. Braun Melsungen AG, Medtronic, Ethicon USA, LLC, Smith & Nephew, Atramat, Demetech Corporation, Sutures India, Peters Surgical, Teleflex Medical OEM, and Serag-Wiessner GmbH & CO. KG, among others.