Asia-Pacific Surgical Sutures Market is expected to reach USD 938.03 million by 2024, from USD 608.88 million in 2016 growing at a CAGR of 5.7% in the forecast period 2017 to 2024.
The major factors driving the growth of market are growing number of surgical procedure and technological advancements in surgical suture products. The surgical sutures market in the Asia Pacific region is leading in India.
The key market players for Asia-Pacific Surgical Sutures Market are listed below;
Ethicon US LLC (MONOCRYL Plus Antibacterial Suture, PDS Plus Antibacterial Suture, Coated VICRYL Plus Antibacterial Suture)
Medtronic (VELOSORB FAST BRAIDED ABSORBABLE SUTURES, CAPROSYN MONOFILAMENT ABSORBABLE SUTURE, POLYSORB BRAIDED ABSORBABLE SUTURES)
B.Braun Melsungen AG (Monosyn, Monosyn Quick, MonoPlus).
The market is further segmented into;
product type,
surgery type
end user
The Asia Pacific surgical sutures market is segmented on the basis of product type, surgery type and end user.
The Asia Pacific surgical sutures market is segmented based on product type into sutures thread and automated suturing devices The surgical sutures market is dominated by sutures thread with 89.3% market share in 2017, growing with a CAGR of 5.5% in the forecast period. Suture threads are sub segmented into absorbable sutures and non-absorbable sutures. Absorbable sutures are further sub segmented into synthetic material and natural material. Synthetic material is further sub segmented into vicryl, monocryl, polydiaoxanone and polyglycolic. Non-absorbable sutures are further sub segmented into stainless steel, prolene and nylon.
Automated suturing devices are sub segmented into disposable device and reusable device.
The Asia-Pacific Surgical Sutures Market market is segmented based on surgery type into general surgery, cardiovascular, gynaecology, orthopaedic, ophthalmology, and others. Cardiovascular is expected to dominate the market with 29.1% market share.
The Asia Pacific surgical sutures market is segmented based on end user into five notable segments; hospitals, ambulatory centres, clinics, community healthcare, and others. Hospitals are expected to dominate the market with 47.3% market share.
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Based on geography, the Asia-Pacific Surgical Sutures Market is segmented into geographical regions, such as,
China,
Japan,
India,
South Korea,
Australia,
Thailand,
Malaysia,
Singapore,
Indonesia,
Philippines
Rest of Asia-Pacific
Covered in this report
The report covers the present scenario and the growth prospects of the Asia-Pacific Surgical Sutures Market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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