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Surgical Sutures Market Growth, Development and Demand Forecast to 2030

General Business

Updated on Oct 11, 2023

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The surgical sutures market will reach a value of USD 6.8 billion by 2030, powering at a rate of 5.9% in the years to come. The growth of the industry is mainly because of the increasing count of surgical procedures and the growing occurrence of chronic diseases globally.

Absorbable sutures were the most used with above 52%, share in the past, and they will continue to dominate in the years to come. This has a lot to do with its timings, as it consumes a lesser amount of time and lowers the number of patient visits to the hospitals. Internal surgeries more often than not make use of these because they disintegrate naturally in the body. 

Enzymatic, Proteolytic, and hydrolytic mechanisms are used to degrade these sutures. Contingent on the material used for the process, the breakdown procedure characteristically takes 10 days to 8 weeks. Different materials, such as polyglycolic acid, polydioxanone, catgut, and polylactic acid, are employed for making absorbable sutures.

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The multifilament category dominated the industry, by over 60%. This is because of the growing volume of complex surgeries, the growing elderly population, and promising reimbursement rules for hospital treatments. 

North America was the largest region in the surgical sutures market, as per a report released by P&S Intelligence, with over 40% accidents, increasing cases of diabetes and obesity, and snowballing burn cases. 

Furthermore, the augmented necessity for innovative surgical methods and biocompatible surgical sutures which has antimicrobial coatings is boosting the industry in the region.

Europe had a substantial share of revenue in the past, and it will power at a considerable rate in the future. The increasing occurrence of chronic illnesses and the elderly population are powering the advance of the industry in the region. 

Due to the increasing number of surgical procedures, happening all over the world, the demand for surgical sutures will continue to grow even further by the end of this decade.

About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

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