Surgical Sutures Market is to Touch $7.5 billion by 2030 Increasing Volume of Surgical Procedures and Innovations in Suture Materials Are Likely to Drive Growth in the Absorbable Surgical Sutures Market

Surgical Sutures Market size is estimated to reach $7.5 billion by 2030, growing at a CAGR of 3.7% during the forecast period 2023-2030, according to a recent report published by IndustryARC, titled, “Surgical Sutures Market – By Raw Material (Natural Sutures (Catgut, Silk), Synthetic Sutures), By Filament (Monofilament, Multifilament), By Application (Ophthalmic Surgery, Cardiovascular Surgery, Orthopaedic Surgery, Neurological Surgery, Others), By End-User  (Hospitals, Clinics, Ambulatory Surgical Centers), By Geography - Global Opportunity Analysis & Industry Forecast, 2023-2030” Increasing Volume of Surgical Procedures and Innovations in Suture Materials Are Likely to Drive Growth in the Absorbable Surgical Sutures industry during the forecast period.

In 2023, North America held the largest share of the Surgical Sutures Market, accounting for 33%. This dominance is primarily attributed to the increasing number of surgeries, which is driving demand for surgical sutures, and the region’s swift adoption of advanced medical technologies. North America has seen significant advancements in healthcare infrastructure, which further contributes to the expansion of the market. According to the Centers for Disease Control and Prevention (CDC), hypertension, a major risk factor for cardiovascular disease, leads to an estimated 10 million deaths globally each year. The growing prevalence of cardiovascular diseases, combined with an aging population in North America, has resulted in a higher number of cardiovascular surgeries, thus propelling the demand for surgical sutures. Moreover, the region’s strong healthcare systems, high disposable income, and substantial investment in medical research and development continue to fuel market growth. As such, North America remains a key player in the global surgical sutures market.

The global increase in surgical procedures is a key factor driving the growth of the surgical sutures market. Contributing factors include an aging population, the rising prevalence of chronic diseases, and advancements in surgical techniques, all of which lead to a higher demand for surgeries. As the frequency of surgical operations grows, the need for reliable and effective wound closure solutions, such as surgical sutures, becomes more critical. These sutures play a vital role in ensuring proper wound healing and reducing the risk of infections. Additionally, the continuous progress in minimally invasive and robotic surgeries further boosts the demand for specialized sutures, accelerating market expansion.

Innovations in Suture Materials Are Likely to Drive Growth in the Absorbable Surgical Sutures Market :

Innovations in suture materials are significantly contributing to the growth of the Surgical Sutures Market. Polyglycolic Acid (PGA) and Polylactic Acid (PLA) are commonly used absorbable sutures in various medical applications. Additionally, Poly-4-Hydroxybutyrate (P4HB), a thermoplastic linear polyester produced through recombinant fermentation, has emerged as a versatile material for creating a wide range of absorbable medical instruments. Since its approval by the Food and Drug Administration (FDA), P4HB has been widely utilized for tendon and ligament repair, surgical mesh, and other plastic and reconstructive applications. In foot and ankle surgery, P4HB shows promise for tendon and ligament repair, offering tensile strength comparable to non-absorbable sutures while gradually reabsorbing over a 12-18 month period.

• On January 10, 2022, Johnson & Johnson Medical Devices Companies announced a strategic partnership with Microsoft to enhance its digital surgery solutions. This collaboration aims to create a secure, compliant, and unified platform designed to improve customer experiences and patient outcomes. The combined expertise of both companies is set to make a significant impact on the MedTech industry.

• On March 9, 2022, Medtronic plc, a global leader in healthcare technology, announced that it has signed a contract with Vizient, a prominent healthcare performance improvement company in the U.S. As part of the agreement, Medtronic will add Touch Surgery™ Enterprise to Vizient's portfolio, which serves over half of the nation’s healthcare providers.

Key companies profiled in Surgical Sutures Market B. Braun SE, Ethicon, Inc. (Johnson & 

Johnson), Medtronic Plc., DemeTECH Corporation, Smith + Nephew others.