The European Surgical Sutures Market size is estimated to be growing at a CAGR of 4.6% to reach USD 1.44 billion by 2028 from USD 1.15 billion in 2023.
A surgical suture is a medical tool to stitch the cutaneous wound and close the surgical incision. It is used to stitch internal organs after surgery, skin, blood vessels, and other human body tissues. Sutures could be absorbable or non-absorbable, with different properties (such as tensile strength and knot security) depending on the need and surgery. Surgical sutures are medical devices designed to make sutures to the injured parts or cuts made on the skin's surface during the treatment.
Increasing the patient pool is a major factor for the market to grow in Europe. The rising number of road accidents is also a major factor for the market to grow in this region. In France, there was an equal number of men and women who met with accidents. In May 2018, according to the National Interministerial Observatory of Road Safety (ONISR), 6,520 people were injured due to road accidents. There is a rising number of road accidents associated with an increasing number of surgeries, which is propelling the growth rate of the market. Also, increasing investments in the development of new equipment to improve the healthcare services is likely to bolster the demand of the market. Rising occurrences of chronic diseases are also elevating the growth rate of the market.
Furthermore, factors like the concentration of market key players on manufacturing the surgical suture medical devices and the rise in the number of road accidents, which leads to the increasing usage of the suture devices, are fueling the demand of the market.
However, the lack of a proper fumigation system among the healthcare organizations and adverse taxation policies are factors hampering the market growth. Also, a shortage of trained professionals for performing the sutures during the time of surgery is hindering the market. Lack of complete knowledge over the availability of different treatment options in the rural areas is slowly restraining the growth rate of the surgical sutures market. The high cost of the treatment procedures where common people cannot afford is also one of the factors limiting the growth rate of the market. Stringent rules and regulations by government organizations is a big challenging attribute for the market to grow in this region. Adoption of robotic surgeries where there is a rising number of failures is likely to hinder the growth rate of the market.
This research report on the European Surgical Sutures Market has been segmented and sub-segmented into the following categories:
By Product:
By Application:
By End User:
By Country:
Geographically, the European surgical sutures market is the second dominating region in the global market after North America. The rising number of elderly people where there is increasing prevalence for orthopedic surgeries and an increasing number of cardiovascular diseases due to the adoption of sedentary lifestyles. This, in turn, fuel the growth rate of the surgical sutures market in Europe.
Among different nations of Europe, the UK is the leading European regional market. Factors such as the increasing need to manage blood loss among the patients and easy obtainment of FDA and CE approvals for new products are majorly influencing the U.K. surgical sutures market. The launch of reimbursement policies in favour of the end-users is also a factor anticipated to promote the demand of the market in the United Kingdom.
The German Surgical Sutures Market is next in leading the prominent shares of the market and projected to have promising growth during the forecast period. The introduction of new products with the latest technologies is to create growth opportunities for the market growth. Besides, increasing support from the government and non-government organizations in improving healthcare infrastructure is anticipated to promote the market demand. Due to the growing demand for suture devices, manufacturers also focus on designing automated surgical sutures. The surgical sutures market in Spain is estimated to grow at a healthy rate due to the rapid adoption of advanced technology in healthcare centers.
Companies playing a leading role in the Europe Surgical Sutures Market Profiled in the Report are Johnson & Johnson Inc. Braun Melsungen AG, Smith & Nephew PLC, Demetech Corporation, Conmed Corporation, W.L. Gore & Associates, Boston Scientific Corporation, 3M Healthcare, Medtronic Inc., and Sutures India Pvt Ltd.
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