“Global Surgical Sutures market set to grow to $6.4bn by 2024” says new Visiongain report
08 October 2019
Visiongain has published a new pharma report Global Surgical Sutures Market Report: Absorbable Sutures, Non-Absorbable Sutures, Automated Suturing Devices, General Surgery, Cardiovascular Surgery, Orthopedic Surgery, Gynaecological Surgery, Ophthalmic Surgery, Facial, Cosmetic & Plastic Surgery.
The global surgical sutures market is expected to reach $6.4bn in 2024 and is estimated to grow at a CAGR of 5.1% from 2019-2024. The Absorbable Sutures submarket held 52% of the global surgical sutures market in 2019.The global anaesthesia drugs market is projected to grow at lucrative rate during the forecast period owing to a rising number of surgical procedures globally, developing healthcare infrastructure in emerging economies, and growing number of geriatric population.
This report profiled the selected companies: AD Surgical, B. Braun Melsungen AG, Bioline Fios Cirúrgicos Ltda, CP Medical, DemeTech Corporation, Ethicon, Inc., Internacional Farmacéutica, Medtronic Plc, Péters Surgical, Riverpoint Medical and other companies.
The lead analyst commented that "The global market for surgical sutures is witnessing steady growth primarily due to the increasing number of surgical procedures conducted, globally. The favorable reimbursement scenario for a number of surgical procedures and the launch of advanced sutures are further contributing to the market growth."
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