Market Size of Surgical Sutures Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 5.80 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Surgical Sutures Market Analysis
The surgical sutures market is expected to register a CAGR of more than 5.8 % during the forecast period.
Since the beginning of the pandemic, healthcare systems have been affected drastically due to the cancellation of surgeries, delayed appointments, and long wait times, among others. The surgical procedures have been delayed, and the number of surgical procedures decreased. A study published in December 2021 entitled 'Trends in US Surgical Procedures and Health Care System Response to Policies Curtailing Elective Surgical Operations During the COVID-19 Pandemic' showed that the overall rate of surgical procedures decreased by 48.0% during the initial shutdown of elective procedures compared to the same period in 2019 in the United States. This decline in surgical procedures led to decreased demand for surgical sutures as well.
However, the rise in the hospital admission of chronic disease patients and increased trauma cases have increased the demand for surgeries globally. This is anticipated to increase the demand for usage and adoption of surgical sutures as many orthopedic, alimentary, ophthalmic cases, and several other parts of the body require surgical suturing in case of surgeries. Therefore, an increase in the number of surgeries influenced the demand for surgical sutures, positively affecting the growth of the market.
The Behavioral Risk Factor Surveillance System (BRFSS) 2019 data shows that the adult obesity rates exceeded 35% in nine states, 30% in 31 states, and 25% in 48 states in the United States. According to the same source, Mississippi and West Virginia carried the highest adult obesity rate at 39.5%, and Colorado had the lowest rate at 23%. This increasing burden of obesity among the population is increasing the demand for bariatric surgeries. This drives the demand for more surgical sutures to be used for bariatric surgeries and contributes to the faster growth of the market. Many hospitals and ambulatory surgery departments that specialize and technologically advanced surgical suture techniques may contribute to the market growth during the forecast period.
