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Los Angeles, CA -- (SBWIRE) -- 10/18/2018 -- This report studies the global Suture market status and forecast, categorizes the global Suture market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
Suture is a specific linear suture material which is used in surgery or trauma dispose for hemostasis and tissue suturing. They also are used to close incisions from surgery. A suture is a medical device used in wound closure.
The suture market concentration degree is low and the manufacturing bases scatter around the globe in terms of geography, but from the key manufacturers the key technology and high-end products are in the hand of the global leading enterprise like Johnson & Johnson Medical, Covidien, and Peters Surgical etc. The key manufacturers operate globally through their OEM partners and distributors. Some manufacturers from China, India and America produce on contract for global brands, such as Teleflex Medical from USA, Surgical Specialties Corporation from Canada, Dolphin from India, ARC Medical Supplies and Huaiyin Micra from China, as well as selling suture products with their own brand.
The market for surgical suture will be majorly driven by factors such as year on year increase in the number of surgical procedures, rise in demand for minimally invasive procedures, worldwide aging population and technological developments result in strong demand for suture.
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The market for surgical sutures is dominated by players such as Johnson & Johnson Medical, Covidien, Peters Surgical, B. Braun, Internacional Farmacéutica, Kono Seisakusho, DemeTech, Surgical Specialties Corporation, Mani, Samyang Biopharmaceuticals and AD Surgical etc. Their manufacturing bases scatter around the globe.
In the past few years, as the main raw material price was relatively stable, expected that the suture price will be stable in the short term.
The global Suture market is valued at 930 million US$ in 2017 and will reach 1180 million US$ by the end of 2025, growing at a CAGR of 3.0% during 2018-2025.
The major manufacturers covered in this report
Johnson & Johnson Medical
Medtronic
Peters Surgical
B.Braun
Internacional Farmacéutica
DemeTech
Kono Seisakusho
Surgical Specialties Corporation
Mani
Samyang Biopharmaceuticals
AD Surgical
Dolphin
Usiol
Unik Surgical Sutures MFG
Assut Medical Sarl
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Absorbable sutures
Non-absorbable sutures
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Human Application
Veterinary Application
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