Press release
Global Surgical Suture Market Innovations, Key Players, Shares, Revenue, Analysis and Forecasts to 2024
The global surgical suture market is growing at a significant rate due to increasing number of surgeries and increasing prevalence of chronic diseases.The sutures are classified into absorbable sutures and non-absorbable sutures. Different types of products contributed to the surgical suture market size. The market has witnessed high demand for sutures thread over the last few years, due to the increasing number of surgeries.
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The growing number of surgical procedures and burns, mounting acceptance of cosmetic surgeries and introduction of innovative sutures are the primary growth drivers for surgical suture market.
Promising reimbursement situation for a number of surgical procedures, intensifying healthcare expenditure, enlarging number of hospitals and boosting healthcare demand in developing countries are also fueling the growth of the surgical suture market.
North America is the largest surgical suture market as the region is home to large number of industry players.
Asia-Pacific is observed to witness the fastest growth in the market. As the region comprises of largest population and the attentiveness for healthcare is enhancing rapidly among them.
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Key players in the surgical suture industry are investing in the development of innovative and advance suture products, which is strengthening their position in the market.
Ethicon Inc., Demetech Corporation, B. Braun Melsungen AG, Sutures India Pvt. Ltd., Medtronic PLC, Péters Surgical, Smith & Nephew, Boston Scientific Corporation, and Endoevolution LLC are some of the key players offering suture products.
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