Report : Europe Hospital Suture Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product (Suture, Automated Suturing Devices, and Others), Nature (Absorbable Sutures and Non-Absorbable Sutures), Type (Monofilament and Braided), and Application (General Surgery, Orthopedic Surgery, Cardiovascular Surgery, and Others)
The sutures segment by product is estimated to lead the market growth during the forecast period.
According to a new market research study of “Europe Hospital Suture Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Product, Nature, Type, Application and Country.” The Europe hospital suture market is expected to reach US$ million by 2028 from US$ 1,047.27 million in 2021; it is estimated to grow at a CAGR of 6.4% from 2021 to 2028. The report highlights trends prevailing in the Europe hospital suture market and the factors driving market along with those that act as hindrances.
According to the American College of Surgeons, globally, 1–2% of people are likely to suffer from a chronic wound once in their lifetime. Apart from sharp injuries, the cases of work-related injuries or occupational injuries are rising worldwide. Poor working conditions are the major cause of the rise in the occurrence of chronic wounds. According to the International Labor Organization, ~2.3 million people suffer from work-related accidents every year. These wounds affect patients' health and quality of life. The burden of chronic wounds eventually underlines the need for advanced wound care management to reduce the financial burden on national healthcare systems substantially. Various countries spend significant amounts on treating injuries and avoiding associated risks. Therefore, with a surge in the occurrence of chronic wounds, the demand for hospital sutures is also increasing worldwide.
Further, the number of cardiovascular, general, orthopedic, gynecological, and cancer surgeries performed in hospitals is increasing tremendously worldwide. For instance, according to a research article published by PubMed.gov, the number of isolated heart transplants in Germany reached ~340 surgeries in 2020, accounting for a 2.1% increase compared to 2019. Moreover, the growing geriatric population is primarily responsible for severe health conditions requiring surgeries as the treatment option. Surgeries for hernias and cataracts are more common among older adults. Further, the rise in aesthetic surgery is more common among people working in the entertainment industry. These surgeries are performed on patients who require the replacement of a body part due to an injury or a deformity. Therefore, a rise in the number of surgeries being performed at hospitals or similar healthcare centers is driving the demand for sutures.
Based on product, the Europe hospital suture market is divided into sutures, automated suturing devices, and others. In terms of nature, the market is segmented into absorbable sutures and non-absorbable sutures. Based on type, the market is divided into monofilament and braided. In terms of application, the market is categorized into general surgery, cardiovascular surgery, orthopedic surgery, and others. Geographically, the Europe hospital suture market is divided into Germany, Italy, the UK, Spain, France, and the Rest of Europe.
Assut Medical Sarl, Péters Surgical., SERAG-WIESSNER GmbH & Co. KG Zum Kugelfang, DemeTECH Corporation, Teleflex Incorporated, Smith & Nephew, B. Braun Melsungen AG, Johnson and Johnson Services, Inc., Medtronic; and W. L. Gore and Associates, Inc. are among the leading companies operating in the Europe hospital suture market.
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