Surgical Sutures – Industry Trends and Future Analysis

The total value of the global surgical sutures market was USD 4.1 billion in 2021, and it will rise at a growth rate of above 5.9% shortly, reaching USD 6.8 billion by 2030, according to P&S Intelligence. This development can be credited to the growing count of medical procedures and the growing occurrence of chronic illnesses throughout the globe.

In recent years, absorbable sutures led the industry, with a market share of above 52%, and the same is also estimated to be in the leading position throughout the forecast period. This is mainly because of its timings, as it takes less time and reduces the count of patient visits to hospitals.

Internal operations regularly use absorbable sutures because they naturally and securely break in the body. Hydrolytic, proteolytic, and enzymatic devices are utilized to degrade these sutures. Reliant on the material used for the process, the breakdown procedure characteristically takes 9 days to 8 weeks. Different materials, polyglycolic acid, including catgut, polylactic acid, and polydioxanone, are utilized to make absorbable sutures.

In the past few years, the multifilament category held the largest industry share. This can be credited to the growing count of difficult surgeries, the rising elderly populace, and supportive reimbursement guidelines for hospital treatments.

In recent years, the North American region dominated the industry by generating the highest revenue share, of over 40%. This can be credited to the growing elderly populace, the growing count of road accidents, the rising cases of obesity and diabetes, and the growing burn cases in the continent.

Furthermore, the augmented requirement for improved surgical techniques and products, including biocompatible surgical sutures with antimicrobial coatings, is boosting the development of the industry in North America.

Hence, the growing count of medical procedures and the growing occurrence of chronic illnesses throughout the globe are the major factors propelling the surgical sutures market.