Surgical Suture Market Poised for Steady Growth on Rising Surgeries and Innovation
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Global surgical sutures market to reach $5.9 billion by 2030, exhibiting a 6.2% CAGR between 2023-2030 due to rising surgical procedures, ageing populations, and demand for minimally invasive surgeries
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Absorbable sutures account for 65% market share currently; natural sutures dominate but synthetic sutures growing rapidly
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Cardiovascular surgery is the leading application segment, followed by fast-growing ophthalmic surgery
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North America represents around 47% revenue share owing to highly developed healthcare infrastructure and supportive regulations
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Key players include Ethicon, Medtronic, Braun Melsungen; integration of antimicrobial agents into sutures an important innovation