The Choice for Minimally Invasive Surgeries Affects the Europe Surgical Sutures Market
Global Surgical sutures Market was worth USD 3.46 billion in 2016 and estimated to be growing at a CAGR of 5%, to reach USD 4.40 billion by 2021.
Hyderabad, India -- (SBWire) -- 03/20/2018 --Surgical sutures are merchandise used for wound closure in surgical procedures and form a very important part of surgical procedures in the majority medical specialties. Despite the emergence of a wide range of advanced wound care products, surgical sutures will remain to be utilized in a large kind of surgeries like neurosurgery, and cosmetic surgery.
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Europe Surgical Sutures Market was valued at USD 1 billion in 2016 and is calculated to be growing at a CAGR of 4.6%, to achieve USD 1.25 billion by 2021.
Growth in heart disease patients has led to the increase in the number of cardiovascular surgeries, consequently, driving the market for surgical sutures. Moreover, rising aging population and increasing variety of muscle diseases also drive the market for surgical sutures.
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Although the accessibility of alternatives has led to a steep decline within the overall usage of surgical sutures over the past few years, their use has remained necessary as a result of the rising prevalence of disorders connected with skin, breast, soft tissue, and hernias.
The surgical sutures market is anticipated to register vital growth due to the progressive range of surgical procedures across the region, and rising incidence of chronic diseases. The European market is projected to grow at a steady CAGR during the forecast time period. It accounted for more than half of the chronic and severe wound care market in a previous couple of years.
On the premise of geography, the Europe market is analyzed under like the UK, Germany, Italy, France and Spain. Europe holds a substantial share in the global market. Fast paced life and unhealthy food habits are a significant reason for increasing cases of diseases, which promotes the expansion of the Europe Surgical Sutures market.
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The top companies in the present market include Johnson & Johnson Inc., B. Braun Melsungen AG, Smith & Nephew plc, Demetech Corporation, Conmed Corporation, W.L. Gore & Associates, Boston Scientific Corporation, 3M Healthcare, Medtronic Inc., and Sutures India Pvt Ltd.
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