Surgical suture is a medical device that is used to hold body tissues together after an injury or surgery. However, the application involves using a needle with an attached length of thread. The multifilament suture material is composed of several filaments twisted or braided together. It generally has higher tensile strength and flexibility than monofilament suture material, and it handles and ties well.
MARKET DYNAMICS
The multifilament suture market is expected to grow due to the growing prevalence of chronic diseases. Moreover, the rise in government initiatives to enhance health care facilities and the advancement of new technology contribute to the growth of the market for multifilament suture.
MARKET SCOPE
The "Multifilament Suture Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of multifilament suture market with detailed market segmentation by type and application. The multifilament suture market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in multifilament suture market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The multifilament suture market is segmented on the basis of type and application. Based on type, the market is segmented as absorbable suture and non-absorbable suture. On the basis of application, the market is categorized as hospital, clinic and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the multifilament suture 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 multifilament suture 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 multifilament suture market from both demand and supply side and further evaluates market dynamics affecting the market during 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 multifilament suture market in these regions.
MARKET PLAYERS
The report covers key developments in the multifilament suture 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 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 players from multifilament suture market are anticipated to have lucrative growth opportunities in the future with the rising demand for multifilament suture in the global market. Below mentioned is the list of few companies engaged in the multifilament suture market.
The report also includes the profiles of key players in multifilament suture market 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.
- Aesculap USA
- Arthrex
- Aurolab
- B.Braun Medical AS
- Ethicon
- Gore Medical
- Lyppard
- Medtronic plc
- Vetomed
- Zeus Inc
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.