Abstract, Snapshot, Market Analysis & Market Definition: Suture Market
Suture is a specific linear suture material which is used in surgery or trauma dispose for hemostasis and tissue suturing. They also are used to close incisions from surgery. A suture is a medical device used in wound closure.
The suture market concentration degree is low and the manufacturing bases scatter around the globe in terms of geography, but from the key manufacturers the key technology and high-end products are in the hand of the global leading enterprise like Johnson & Johnson Medical, Covidien, and Peters Surgical etc. The key manufacturers operate globally through their OEM partners and distributors. Some manufacturers from China, India and America produce on contract for global brands, such as Teleflex Medical from USA, Surgical Specialties from Canada, Dolphin from India, ARC Medical Supplies and Huaiyin Micra from China, as well as selling suture products with their own brand.
The market for surgical suture will be majorly driven by factors such as year on year increase in the number of surgical procedures, rise in demand for minimally invasive procedures, worldwide aging population and technological developments result in strong demand for suture.
The market for surgical sutures is dominated by players such as Johnson & Johnson Medical, Covidien, Peters Surgical, B. Braun, Internacional Farmacéutica, Kono Seisakusho, DemeTech, Surgical Specialties , Mani, Samyang Biopharmaceuticals and AD Surgical etc. Their manufacturing bases scatter around the globe.
In the past few years, as the main raw material price was relatively stable, expected that the suture price will be stable in the short term.
In 2019, the market size of Suture is 958.5 million US$ and it will reach 1178.8 million US$ in 2025, growing at a CAGR of 3.0% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Suture.
This report studies the global market size of Suture, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Suture production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Suture Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Absorbable sutures
Non-absorbable sutures
Segmentation by Application : Breakdown of data from year 2014 to 2019 and forecast until 2025:
Human Application
Veterinary Application
Key Players, Recent Developments & Sector Viewpoints: Suture Market
Johnson & Johnson Medical
Medtronic
Peters Surgical
B.Braun
Internacional Farmacéutica
DemeTech
Kono Seisakusho
Surgical Specialties
Mani
Samyang Biopharmaceuticals
AD Surgical
Dolphin
Usiol
Unik Surgical Sutures MFG
Assut Medical Sarl
Teleflex
Lotus Surgicals
CONMED
United Medical Industries
W.L. Gore & Associates
Sutures India Pvt
Huaiyin Micra
Weihai Wego
Shanghai Pudong Jinhuan Medical Products
Nantong Huaerkang Medical Technology
JiangXi 3L Medicinal Products
Jiangxi Longteng
Shanghai Tianqing
Huaian Angle
Key Insights Covered: Exhaustive Suture Market
1. Market size (sales, revenue and growth rate) of Suture industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Suture industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Suture industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Suture industry.
Research Methodology: Suture Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.