Surgical Sutures And Staples Market Analysis With Opportunity Segments For 2024-2033
Surgical Sutures And Staples Global Market Report 2024 – Market Size, Trends, And Forecast 2024-2033
LONDON, GREATER LONDON, UK, September 13, 2024 /EINPresswire.com/ -- The surgical sutures and staples market has experienced robust growth in recent years, expanding from $13.48 billion in 2023 to $14.7 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The growth in the historic period can be attributed to aging population, surgical procedure volumes, healthcare infrastructure, minimally invasive surgery (mis).
Strong Future Growth Anticipated
The surgical sutures and staples market is projected to continue its strong growth, reaching $20.27 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to emerging markets growth, biodegradable and bio-absorbable products, telemedicine and remote surgery, value-based healthcare.
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Growth Driver Of The Surgical Sutures And Staples Market
The increase in the number of surgical procedures across the globe is an important driver for the surgical sutures and staples market. This is mainly because surgeries are an important treatment procedure used to repair an injury, relieve symptoms, restore function, remove diseased organs, or replace anatomical parts of the body. Moreover, surgeries are also performed under emergency conditions such as trauma, fracture, and acute infection.
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Major Players And Market Trends
Key players in the surgical sutures and staples market include Ethicon Endo-Surgery Inc., Stryker Corporation, Smith & Nephew PLC, Conmed Corporation, Medtronic PLC, Johnson & Johnson.
Major companies operating in the surgical sutures and staples are developing innovative products to drive revenues in the market. ECHELON 3000 Stapler is a digitally-enabled device that offers surgeons simple, one-handed powered articulation, enhancing ease of use and control.
Segments:
1) By Type: Surgical Sutures, Surgical Staples
2) By End User: Hospitals, Ambulatory Surgical Centers (ASCs), Clinics
3) By Surgical Sutures: Absorbable, Non Absorbable
4) By Surgical Staples: Disposable Surgical Staplers, Reusable Surgical Staplers
Geographical Insights: North America Leading The Market
North America was the largest region in the global surgical sutures and staples market in 2023. Western Europe was the second-largest region in the surgical sutures and staples market share. The regions covered in the surgical sutures and staples market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Surgical Sutures And Staples Market Definition
Surgical sutures and staples are medical devices used by surgeons to hold skin, internal organs, blood vessels, or any other tissues together after they have been severed during surgery. Sutures and staples hold incised body parts together until they are completely healed. These devices can either be absorbable or non-absorbable. An absorbable suture breaks down in tissue and degrades as a wound or incision heals. A non-absorbable suture resists the body's attempt to dissolve it. Non-absorbable sutures must be removed after a surface incision heals.
Surgical Sutures And Staples Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Surgical Sutures And Staples Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on surgical sutures and staples market size, surgical sutures and staples market drivers and trends, surgical sutures and staples market major players, surgical sutures and staples competitors' revenues, surgical sutures and staples market positioning, and surgical sutures and staples market growth across geographies. The surgical sutures and staples market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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