Market Introduction
Surgical sutures are medical devices that are used in closing a wound with stitches. Many researchers and companies have developed innovative type of sutures, such as absorbable and non-absorbable suture. The market for surgical suture is expected to witness huge growth due to technological developments in the field of surgical suture and increase in the number of surgical procedures. However, developments in suture alternatives may hinder the market growth.
Market Overview and Dynamics
The Europe surgical suture market is projected to reach US$ 1,413.74 million by 2027 from US$ 925.29 million in 2019. The market is estimated to grow at a CAGR of 5.6% from 2020 to 2027. Factors driving the market growth include increasing number of orthopedic surgeries and cardiovascular surgeries, and government support for the healthcare industry. However, the adoption of robots in surgeries is likely to have a negative impact on market growth.
Key Market Segments
By product, the absorbable sutures segment accounted for the largest share of the Europe surgical suture market in 2019. In terms of type, in 2019, the monofilament segment held the most significant share of the surgical suture market. In terms of application, the cardiovascular surgery segment held the largest market share of the surgical suture market in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing the Europe surgical suture market report are World Health Organization, Ministry of Health and Prevention, and International Society of Aesthetic Plastic Surgery.
Reasons to buy the report
EUROPE SURGICAL SUTURE MARKET SEGMENTATION
By Product
By Type
By Application
By Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 925.29 Million |
| Market Size by 2027 | US$ 1,413.74 Million |
| CAGR (2020 - 2027) | 5.6% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Product
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Surgical Suture Market is valued at US$ 925.29 Million in 2019, it is projected to reach US$ 1,413.74 Million by 2027.
As per our report Europe Surgical Suture Market, the market size is valued at US$ 925.29 Million in 2019, projecting it to reach US$ 1,413.74 Million by 2027. This translates to a CAGR of approximately 5.6% during the forecast period.
The Europe Surgical Suture Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Surgical Suture Market report:
The Europe Surgical Suture Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Surgical Suture Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Surgical Suture Market value chain can benefit from the information contained in a comprehensive market report.
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