Absorbable sutures are applied on the surgical wound temporarily to withstand normal stress on the wound. It gets absorbed due to by the hydrolysis in synthetic materials and natural material is degraded by enzymatic method. Synthetic material is preferred as the hydrolysis causes less tissue damage than enzymatic degradation.
MARKET DYNAMICS
The absorbable sutures market is expected to grow exponentially in the forecast period owing to the factors such as increasing number of surgical procedures, technological advancements in suture design as well as favorable reimbursement scenario. Furthermore, emerging economies and growing geriatric population is anticipated to offer significant growth opportunities in the market during the forecast period.
MARKET SCOPE
The "Global Absorbable Sutures Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the absorbable sutures market with detailed market segmentation by route of administration, distribution channel and geography. The global absorbable sutures market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading absorbable sutures market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global absorbable sutures market is segmented on the basis of product type, application and end user. Based on product type, the market is classifies as catgut, polymer chemistry, collagen suture and other product types. Based on application the market is classified as cardiovascular surgeries, general surgeries, orthopedic surgeries, gynecological surgeries, ophthalmic surgeries and other applications. Based on end user the absorbable sutures market is classified as hospitals, ambulatory surgical centers (ASCS) and clinics and physician offices.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global absorbable sutures market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The absorbable sutures market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting absorbable sutures market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the absorbable sutures market in these regions.
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MARKET PLAYERSThe reports cover key developments in the absorbable sutures market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from absorbable sutures market are anticipated to lucrative growth opportunities in the future with the rising demand for absorbable sutures market in the global market. Below mentioned is the list of few companies engaged in the absorbable sutures market.
The report also includes the profiles of key absorbable sutures market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-B. Braun Melsungen AG
-DemeTECH Corporation
-Dolphin Sutures
-EndoEvolution, LLC.
-Ethicon US, LLC.
-INTERNACIONAL FARMACEUTICA, S.A.
-Medtronic
-Peters Surgical
-Sutures India
-W. L. Gore & Associates, Inc.
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