The Surgical Sutures And Staples Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2011-2022) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s Surgical Sutures And Staples Global Market Report 2024, The surgical sutures and staples market size has grown strongly in recent years. It will grow 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).
The surgical sutures and staples market size is expected to see strong growth in the next few years. It will grow to $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. Major trends in the forecast period include technological advancements, customized suture solutions, 3d printing and nanotechnology, digital health integration.
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. For instance, according to the US Department of Health & Human Services, there were 22 million surgeries performed in the US out of which 52.7% were in outpatient surgeries. It is estimated that 234 million surgeries are performed throughout the world every year.
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The surgical sutures and staples market covered in this report is segmented –
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
The surgical sutures and staples market report table of contents includes:
1. Executive Summary
2. Surgical Sutures And Staples Market Characteristics
3. Surgical Sutures And Staples Market Trends And Strategies
4. Surgical Sutures And Staples Market – Macro Economic Scenario
5. Global Surgical Sutures And Staples Market Size and Growth
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26. South America Surgical Sutures And Staples Market
27. Brazil Surgical Sutures And Staples Market
28. Middle East Surgical Sutures And Staples Market
29. Africa Surgical Sutures And Staples Market
30. Surgical Sutures And Staples Market Competitive Landscape And Company Profiles
Top Major Players:
- Ethicon Endo-Surgery Inc.
- Stryker Corporation
- Smith & Nephew PLC
- Conmed Corporation
- Medtronic PLC
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