Global Surgical Sutures Market
Surgical Sutures Market Size And Forecast
According to Verified Market Research, the Global Surgical Sutures Market was valued at USD 3.6 Billion in 2018 and is projected to reach USD 5.5 Billion by 2026, growing at a CAGR of 5.18% from 2019 to 2026.
Global Surgical Sutures Market Outlook
Increasing number of treatments for surgeries due to unhealthy lifestyle and aging population are the key factors expected to boost the growth of surgical sutures market. Moreover, an improved safety and efficacy of various surgeries due to technological advancements is also projected to fuel the market growth. Furthermore, several initiatives such as acquisitions and partnerships undertaken by key companies for product development and distribution activities are expected to further foster the market growth. For instance, in February 2017, Integra LifeSciences acquired Derma Sciences, to facilitate Integra LifeSciences to expand their product portfolio and double the number of wound care sales channels. On a contrary, lack of product innovations in the surgical sutures, growing demand for advanced wound closure materials, and side effects from surgical sutures are some factors that might hamper the market growth.
Global Surgical Sutures Market Competitive Landscape
The Global Surgical Sutures Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as B.Braun Melsungen AG, Ethicon, Inc., Medtronic plc, Smith& Nephew plc, Boston Scientific Corporation, Internacional Farmacutica, Pters Surgical, Sutures India, DemeTECH Corporation, and EndoEvolution, LLC.
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