Global Synthetic Absorbable Sutures Market Size, Share, Forecast Report, 2020-2027

The global Synthetic Absorbable Sutures market garnered revenue around USD 1.6 Billion in 2019 and projected to reach USD 3.1 Billion in 2027, with at a compound annual growth rate (CAGR) 8% throughout the estimate period from 2020 to 2027.

Braided and coated synthetic absorbable sutures are gaining widespread acceptance in gastrointestinal and gynecological procedures. This explains why the revenue of gynecology applications is estimated for aggressive growth in the synthetic absorbable sutures market, where the market is estimated to reach a value of 3.1 by the end of 2027.  Hence, distributors and match companies are setting their collaboration wheels in motion to generate sales. For instance, Uniplex (UK) Ltd.- a specialist in the repair and servicing of surgical instruments and medical devices, has joined forces with Meril Life, a medical device manufacturer, to strengthen their distribution channels in the global synthetic absorbable sutures market.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded,COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Synthetic Absorbable Sutures market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Synthetic Absorbable Sutures market growth.

The global Synthetic Absorbable Sutures market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

• Braun Melsungen AG,
• Medtronic plc
• Teleflex Incorporated, Johnson & Johnson
• Smith & Nephew plc
• Acelity L.P. Inc.
• Boston Scientific Corporation
• Zimmer Biomet Holdings, Inc.
• ConMed Corporation
• Integra LifeSciences Corporation

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

Global Synthetic Absorbable Sutures Market: Segmentation

Synthetic Absorbable Sutures Market, by Product Type

• Polyglactin Sutures
• Polyglycolic Acid Sutures
• Poliglecaprone Sutures
• Poliglecaprone 25
• Polydioxanone Sutures
• Porcine

Synthetic Absorbable Sutures Market, by Material

• Monofilament Sutures
• Braided Sutures

Synthetic Absorbable Sutures Market, by Application

• Valve Sutures
• Cardiovascular Sutures
• Gynecology Sutures
• Orthopedic Sutures
• Dental Sutures
• Cosmetic Surgery Sutures
• Ophthalmic Sutures
• General Sutures

Synthetic Absorbable Sutures Market, by End User

• Hospitals
• Specialty Clinics
• Ambulatory Surgical Centers
• Others

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America
  • United States
  • Canada
• Europe
  • Germany
  • United Kingdom
  • Italy
  • France
  • Rest of EU
• Asia Pacific
  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC
• Central & South America
  • Brazil
  • Argentina
  • Rest of Central & South America
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • Rest of MEA