Albany, NY -- (SBWIRE) -- 09/28/2020 -- TMR's report on the global synthetic absorbable sutures market studies the past as well as current growth trends and opportunities to gain valuable insights of these indicators for the market during the forecast period from 2019 to 2027. The report provides the revenue of the global synthetic absorbable sutures market for the period from 2017 to 2027, considering 2018 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) of the global synthetic absorbable sutures market from 2019 to 2027.
The report has been prepared after an extensive primary and secondary research. Primary research involved bulk of research efforts, wherein analysts carried out interviews with industry leaders and opinion makers. Secondary research involved referring to key players' product literature, annual reports, press releases, and relevant documents to understand the global synthetic absorbable sutures market.

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Global Synthetic Absorbable Sutures market Witness Most Promising Rise in Demand

Braided and coated synthetic absorbable sutures are gaining widespread acceptance in gastrointestinal and gynecological procedures. This explains why the revenue of gynecology applications is estimated for aggressive growth in the synthetic absorbable sutures market, where the market is estimated to reach a value of ~US$ 3 Bn by the end of 2027. Hence, distributors and medtech companies are setting their collaboration wheels in motion to generate sales. For instance, Uniplex (UK) Ltd.- a specialist in the repair and servicing of surgical instruments and medical devices, has joined forces with Meril Life, a medical device manufacturer, to strengthen their distribution channels in the global synthetic absorbable sutures market.
Surgical sutures have become one of the most common implantable medical textiles in the synthetic absorbable sutures market. This trend is contributing toward the robust growth of the synthetic absorbable sutures market, which is anticipated to expand at a CAGR of ~6% during the forecast period. Due to increased popularity of sutures post surgical procedures, medtech companies are increasingly focusing on biocompatibility of textile materials to ensure predictable absorption of sutures. Likewise, porosity of synthetic absorbable sutures has become an important deciding factor that determines how fast the human tissue will heal after the surgery.

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These primary and secondary research sources have provided exclusive information during interviews, which serves as a validation from the clinical trials management system market leaders. Access to an extensive internal repository and external proprietary databases enabled this report to address specific details and questions about the global clinical trials management system market with accuracy. The study also uses the top-down approach to assess the revenues for each segment and the bottom-up approach to counter-validate them. This has helped in reaching TMR's estimates on future prospects of the global clinical trials management system market more reliably and accurately.

Key Players of Synthetic Absorbable Sutures Market Report:

Key players in the global synthetic absorbable sutures market have been profiled based on attributes such as company overview, product portfolio, financial overview, recent developments, and competitive business strategies
Major players having presence in the global synthetic absorbable sutures market include : B. Braun Melsungen AG,Medtronic plc, Teleflex Incorporated, Johnson & Johnson, Smith & Nephew plc, Acelity L.P. Inc., Boston Scientific Corporation, Zimmer Biomet Holdings, Inc., ConMed Corporation, Integra LifeSciences Corporation

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