Surgical Suture Market to Grow at 5.4% CAGR to 2023 - Global Major Manufacturers Production and Sales Market Comparison
The report provides an overview of the surgical sutures market.It aims at estimating the market size and growth potential of this market across different segments such as product, type, application, end user, and region. Furthermore, the report also inclu
(EMAILWIRE.COM, December 12, 2018 ) Surgical sutures market is expected to reach USD 5.02 billion by 2023 form USD 3.68 billion by 2018, at a CAGR of 5.4% from 2018 to 2023. Global market for surgical sutures is witnessing steady growth primarily due to increasing number of surgical procedures conducted, globally. Favorable reimbursement scenario for a number of surgical procedures & launch of advanced sutures are further contributing to market growth.
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The study estimates the surgical suture market size for 2018 and projects its demand till 2023. In the primary research process, various sources from both demand-side and supply-side were interviewed to obtain qualitative and quantitative information for the report.
The surgical suture market is marked by the presence of several big and small players. Prominent players offering surgical sutures include Ethicon, Inc. (US), Medtronic plc (Ireland), B.Braun Melsungen AG (Germany), Smith& Nephew plc (UK), Boston Scientific Corporation (US), Péters Surgical (France), DemeTECH Corporation (US), Internacional Farmacéutica (Mexico), Sutures India (India), EndoEvolution, LLC. (US), Apollo Endosurgery, Inc. (US), Surgical Specialties Corporation (US), and Mellon Medical B.V. (Netherlands).
North America is estimated to account for the largest share of Surgical sutures market, followed by Europe. However, Asia is expected to register the highest CAGR during the forecast period. The high growth can be attributed to region’s growing medical tourism industry, rising prevalence of chronic diseases, and favorable reimbursement scenario.
The surgical sutures market is segmented into cardiovascular surgery, gynecological surgery, orthopedic surgery, ophthalmic surgery, general surgery, cosmetic surgery, and other applications. The cardiovascular surgery segment is expected to grow at highest CAGR during forecast period. The largest share of this application segment can be primarily attributed to large number of cardiovascular surgeries performed across the world as a result of high prevalence of cardiovascular diseases (CVDs).
Get More Information with Top Trends, Company Profiles, Forecast and Analysis at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=461555 .
The surgical sutures market is segmented into cardiovascular surgery, gynecological surgery, orthopedic surgery, ophthalmic surgery, general surgery, cosmetic surgery, & other applications. In 2018, cardiovascular surgery segment is expected to dominate surgical sutures market. Largest share of this application segment can be primarily attributed to large number of cardiovascular surgeries performed across world as a result of high prevalence of cardiovascular diseases (CVDs).
Target Audience for this Report:
• Medical device companies
• Vendors of surgical sutures
• Healthcare associations/institutes
• Hospitals and clinics
• Research and consulting firms
• Healthcare associations/institutes
• Venture capitalists
• Government agencies
Get Discount on “Surgical Suture Market by Product (Automated Suturing Device (Disposable, Reuse), Suture Thread (Natural, Nylon, Prolene, Stainless Steel, Silk)), Application (Cardiac, Gynae, Ophthalmic, Orthopedic), End User (Hospital, Clinic) - Global Forecast to 2023” report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=461555 .
The surgical suture market is segmented into hospitals, ambulatory surgical centers, and clinics & physician offices. Among these, the hospitals segment is expected to account for the largest market share in 2018. The large share of this segment is attributed to the increasing number of complex surgeries performed in hospitals, rising geriatric population, favorable reimbursement policies for hospital treatments, and increasing number of new hospitals established, especially in emerging countries.
The primary interviews conducted for this report can be categorized as follows:
• By Company Type: Tier 1 – 28%; Tier 2 -12%; Tier 3 -60%.
• By Designation: C-level- 23%; D-level- 25%; others--52%.
• By Region: North America-59%; Europe-14%;Asia-22%; RoW-5%.
Get 15% Discount on Surgical Suture Market Research Report Now at http://www.rnrmarketresearch.com/contacts/discount?rname=461555 .
The study estimates the surgical suture market size for 2018 and projects its demand till 2023. In the primary research process, various sources from both demand-side and supply-side were interviewed to obtain qualitative and quantitative information for the report.
The surgical suture market is marked by the presence of several big and small players. Prominent players offering surgical sutures include Ethicon, Inc. (US), Medtronic plc (Ireland), B.Braun Melsungen AG (Germany), Smith& Nephew plc (UK), Boston Scientific Corporation (US), Péters Surgical (France), DemeTECH Corporation (US), Internacional Farmacéutica (Mexico), Sutures India (India), EndoEvolution, LLC. (US), Apollo Endosurgery, Inc. (US), Surgical Specialties Corporation (US), and Mellon Medical B.V. (Netherlands).
North America is estimated to account for the largest share of Surgical sutures market, followed by Europe. However, Asia is expected to register the highest CAGR during the forecast period. The high growth can be attributed to region’s growing medical tourism industry, rising prevalence of chronic diseases, and favorable reimbursement scenario.
The surgical sutures market is segmented into cardiovascular surgery, gynecological surgery, orthopedic surgery, ophthalmic surgery, general surgery, cosmetic surgery, and other applications. The cardiovascular surgery segment is expected to grow at highest CAGR during forecast period. The largest share of this application segment can be primarily attributed to large number of cardiovascular surgeries performed across the world as a result of high prevalence of cardiovascular diseases (CVDs).
Get More Information with Top Trends, Company Profiles, Forecast and Analysis at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=461555 .
The surgical sutures market is segmented into cardiovascular surgery, gynecological surgery, orthopedic surgery, ophthalmic surgery, general surgery, cosmetic surgery, & other applications. In 2018, cardiovascular surgery segment is expected to dominate surgical sutures market. Largest share of this application segment can be primarily attributed to large number of cardiovascular surgeries performed across world as a result of high prevalence of cardiovascular diseases (CVDs).
Target Audience for this Report:
• Medical device companies
• Vendors of surgical sutures
• Healthcare associations/institutes
• Hospitals and clinics
• Research and consulting firms
• Healthcare associations/institutes
• Venture capitalists
• Government agencies
Get Discount on “Surgical Suture Market by Product (Automated Suturing Device (Disposable, Reuse), Suture Thread (Natural, Nylon, Prolene, Stainless Steel, Silk)), Application (Cardiac, Gynae, Ophthalmic, Orthopedic), End User (Hospital, Clinic) - Global Forecast to 2023” report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=461555 .
The surgical suture market is segmented into hospitals, ambulatory surgical centers, and clinics & physician offices. Among these, the hospitals segment is expected to account for the largest market share in 2018. The large share of this segment is attributed to the increasing number of complex surgeries performed in hospitals, rising geriatric population, favorable reimbursement policies for hospital treatments, and increasing number of new hospitals established, especially in emerging countries.
The primary interviews conducted for this report can be categorized as follows:
• By Company Type: Tier 1 – 28%; Tier 2 -12%; Tier 3 -60%.
• By Designation: C-level- 23%; D-level- 25%; others--52%.
• By Region: North America-59%; Europe-14%;Asia-22%; RoW-5%.
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Tel: + 18883915441
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ReportsnReports
Mr. Hrishikesh
Tel: + 18883915441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results