- HealthTech
- Tuesday, 11 Aug 2020
Europe Surgical Suture Market Demand, Insights and Forecast up to 2027
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.
The Europe Surgical Suture Market is growing along with the Electronics and Semiconductor industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.
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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.
These factors are expected to offer broad growth opportunities in the Electronics and Semiconductor industry and this is expected to cause the demand for Europe Surgical Suture Market in the market.
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EUROPE SURGICAL SUTURE MARKET SEGMENTATION
By Product
- Absorbable Sutures
- Natural Sutures
- Synthetic Sutures
- Anti-microbial Sutures
- Non-Absorbable Suture
- Stainless Steel Sutures
- Nylon Sutures
- Prolene Sutures
- Others
By Type
Monofilament
- Braided
By Application
- Cardiovascular Surgery
- General Surgery
- Gynaecology Surgery
- Orthopaedic Surgery
- Ophthalmic Surgery
- Others
By Country
- UK
- Germany
- France
- Italy
- Spain
- The Netherlands
- Belgium
- Luxembourg
Company Profiles
- Assut Medical Sarl
- Péters Surgical
- W. L. Gore and Associates
- Medtronic (covidien)
- Johnson and Johnson medical n.V. (Ethicon)
- B. Braun Melsungen Ag
- Smith and Nephew
- serag-Wiessner Gmbh and Co. Kg
- Teleflex Incorporated
- Demetech Corporation
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