Revolutionizing Healthcare: Discover the Future of Surgical Sutures with Advanced Technology!
Surgical sutures, utilizing surgical threads and suturing devices, are employed to secure tissues and facilitate the healing of wounds and surgical incisions. These sutures must possess strength and flexibility for easy knotting and tying. Additionally, they should be water and fluid resistant, as well as biocompatible, to prevent infection spread and adverse reactions in the body.
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Factors driving market growth include the adoption of technologically advanced products, an aging population leading to increased chronic diseases, growing healthcare awareness, and a rise in global hospital numbers. However, challenges such as inadequate quality assurance, insufficient sterilization, and a shortage of skilled professionals may impede market growth.
Surgical Sutures
A recent study by Allied Market Research predicts that the Surgical Sutures Market is anticipated to reach USD 6.11 billion by 2027, growing at a CAGR of 5.6% during the forecast period.
The global surgical sutures market has experienced growth due to an increase in surgical procedures worldwide, a rise in chronic diseases, and a demand for minimally invasive surgeries. However, the presence of alternative wound care management products hinders market growth. On the positive side, technological advancements and potential opportunities in developing countries are expected to open new avenues for market players.
In the context of the COVID-19 pandemic:
Surgical procedures have been postponed or reduced, as many patients delayed surgeries based on their doctors’ recommendations, leading to a significant decrease in the demand for surgical sutures.
Some hospitals have delayed non-essential surgeries to prevent cross-contamination and allocate resources to COVID-19 wards. Only essential surgeries were conducted.
With the reduction in COVID-19 cases, the demand for surgical sutures is expected to rebound.
Top Surgical Sutures Companies:
Other Surgeries
Regionally, North America held the highest market share in 2019, contributing to nearly half of the global surgical sutures market, with continued leadership projected until 2027. This is attributed to the increased adoption of advanced absorbable and antibacterial-coated sutures, a rise in surgical procedures, and the development of the wound management sector in the region. However, Asia-Pacific is expected to exhibit the highest CAGR of 7.5% during the forecast period, driven by an increase in surgical procedures, a rise in chronic diseases, and growing demand for better healthcare services from a substantial patient base.