Data Bridge Market Research provided new report Global Sutures Market segmented By Product Type (Absorbable Sutures (Natural, Synthetic (Polyglactin 910 Sutures, Poliglecaprone 25 Sutures, Polydioxanone Sutures, Polyglycolic Acid Sutures, and Others), Non-Absorbable Sutures (Nylon, Polypropylene, Polyster, Silk), Automated Sutures (Disposable Automated Suturing Devices, Reusable Automated Suturing Devices)), By Application (Cardiovascular Surgeries, General Surgeries, Gynecological Surgeries, Orthopedic Surgeries, Ophthalmic Surgeries, Others), By End User (Hospitals, Clinics, Ambulatory Centers), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024
Pune, India -- (SBWIRE) -- 02/23/2018 -- "Global Sutures Market accounted to USD 3.8 billion in 2016 growing at a CAGR of 5.3% during the forecast period of 2017 to 2024." The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Sutures Market – Market Segmentation:
By product type the market for sutures market is segmented into absorbable sutures, non-absorbable sutures and automated sutures. The absorbable sutures segment is further sub-segmented into natural and synthetic and synthetic segment is sub-segmented into polyglactin 910 sutures, poliglecaprone 25 sutures, polydioxanone sutures, polyglycolic acid sutures, and others. The Non-absorbable sutures segment is sub-segmented into nylon, polypropylene, polyster, silk and automated suture segment is sub-segmented into disposable automated suturing devices, reusable automated suturing devices.
On the basis of application the market is segmented into cardiovascular surgeries, general surgeries, gynecological surgeries, orthopedic surgeries, ophthalmic surgeries, others.
On the basis of end-users the sutures market is segmented into hospitals, clinics, ambulatory centers.
Based on geography, the market is segmented into five geographical regions:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East and Africa
The geographical regions are further segmented into 29 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and others.
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Major Market Drivers and Restraints:
- Increasing number of surgical procedures
- Favorable reimbursement polices
- Increased demand of minimally invasive surgeries
- Presence of alternative wound care techniques
Some of the major players operating in this market are