Dissolvable Stitches Market Share, Size, Trends, Industry Analysis Report, By Type (Natural and Synthetic); By Application; By End User; By Region; Segment Forecast, 2023 – 2032
- Published Date:Aug-2023
- Pages: 118
- Format: PDF
- Report ID: PM3712
- Base Year: 2022
- Historical Data: 2019-2021
Report Outlook
The global dissolvable stitches market was valued at USD 4.14 billion in 2022 and is expected to grow at a CAGR of 5.9% during the forecast period.
Rapid development of advanced and innovated suture’s material and tip that has transformed the complete suturing process during the surgeries along with the growing focus of major companies and research institutes on the advancements and innovations in material science, are primary factors influencing the demand and growth of the market globally.
- For instance, in June 2023, Ethicon, a part of the Johnson & Johnson Medical Device Companies, announced about the launch of ProxiSure Suturing Device in the United States, which is a type of laparoscopic suturing device that features wrist-like maneuverability and curved needle. The new addition will expand the company’s existing expansive portfolio of suturing technologies.
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In addition, the dissolvable stitches are being highly preferred in many cases as they eliminate the need for suture removal, which makes them highly convenient for elderly patients and their growing popularity among healthcare professional due to improved properties like higher tensile strength, better flexibility, and controlled absorption rates, is positively contributing to the market growth. In the recent years, several innovations in coating and surface modifications have also been done to enhance the performance of dissolvable stitches which includes the antimicrobial coatings to reduce the risk of infections, hydrophilic coatings to improve handling and knot tying, and cell adhesion-promoting coatings to facilitate tissue healing, creating new revenue opportunities for the companies operating in the market.
The outbreak of the COVID-19 pandemic has significantly impacted the growth of the market. The rapid spread of the deadly coronavirus has significantly disrupted the global supply chain and productions of medical devices, as many manufacturing facilities globally were facing plenty of challenges including temporary closures, labor shortage, and transportation disruptions, that hugely impacted the availability and demand of dissolvable stitches.
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Industry Dynamics
Growth Drivers
Increasing number of Surgeries are driving the growth of the market
Rapid increase in the number of knee or hip replacements, hysterectomy, cosmetic surgeries, and bypass surgeries and surge in the global geriatric population who are most likely to have cardiovascular diseases along with the growing awareness and proliferation about the advanced surgical interventions and strong focus on key companies on R&D activities to innovate new products with enhanced capabilities, are among the major factors driving the market growth.
- For instance, according to the American College of Rheumatology, around 790,000 knee replacements and approximately 450,000 hip replacement surgeries are being performance every year in the United States, and the number continues to grow in future as the population ages.
Furthermore, growing technological advancements which have allowed for better control over the absorption rate of dissolvable stitches that further enables surgeons to select sutures with appropriate absorption profiles based on the type of surgery and tissue healing requirements, is gaining huge traction and pushing the global market growth forward at rapid pace.
Report Segmentation
The market is primarily segmented based on type, application, end user, and region.
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By Type |
By Application |
By End User |
By Region |
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By Type Analysis
Synthetic segment accounted for the largest market share in 2022
The synthetic segment accounted for largest market share, mainly due numerous benefits and advantages associated with these types over traditional sutures such as catgut or silk, which require removal after wound healing and its ability to eliminate the need for suture removal procedures, leading to significant time and cost savings for both patients and healthcare providers.
The natural segment is likely to exhibit fastest growth rate over the next coming years, mainly attributable to higher preferences and need for biodegradable and natural materials in several medical procedures and its growing use to minimize the risk of adverse reactions and improve patient outcomes. Additionally, natural dissolvable sutures are often being preferred in cosmetic and plastic surgeries due to their biocompatibility, reduced scarring potential, and ease of use, which in turn, has been positively impacting the segment growth.
By Application Analysis
Cardiovascular surgeries segment held the significant market share in 2022
Cardiovascular surgeries segment held the maximum market share in terms of revenue in 2022, which is largely accelerated to significant rise in the incidences of cardiac diseases globally, the rapidly growing expenditure on the development of healthcare infrastructure mainly related to the field, and presence of supportive and favorable reimbursement policies or scenarios all over the world. The growing shift towards the minimally invasive procedures in the field of cardiology has also led to an increased demand for dissolvable stitches, as these stitches provide advantage of avoiding the need for suture removal, reducing patient discomfort, and enabling faster recovery, thereby propelling the growth of the market.
For instance, according to Centers for Disease Control and Prevention, approximately 6,95,000 people in the United States died due to heart diseases in the year of 2021, that accounts for 1 in every 5 deaths. About 805,000 people have a heart attack every year in the United States, which is further likely to increase in the coming years.
By End-User Analysis
Ambulatory surgical centers segment is expected to witness highest growth during forecast period
The ambulatory surgical centers segment is anticipated to witness highest growth rate of over XX% during the study period, on account of increasing number of ambulatory surgical centers globally and its rapidly surging popularity due to various advantages including cost-effectiveness, shorter patient stays, and quicker recovery times, which leads to a higher preference for outpatient surgeries.
The hospitals segment led the industry market with substantial share in 2022, that is highly attributable to availability of skilled medical staff & significantly advanced medical technologies across hospitals along with the growing healthcare expenditure in both developed & developing economies resulting in new innovations and improvements in the healthcare industry. Moreover, supportive government initiatives and regulations promoting the adoption of innovative and patient-friendly medical technologies can also positively impact the hospitals segment of the market.
Regional Insights
North America region dominated the global market in 2022
The North America region dominated the global market with considerable share in 2022, and is projected to maintain its dominance throughout the forecast period. The regional market growth can be mainly attributed to increased prevalence and incidences of several types of diseases, higher people spending capacity on healthcare procedures, and robust presence of well-established and leading market companies across the region. In addition, healthcare professionals mainly in countries like US and Canada are becoming more aware of the benefits of dissolvable stitches and are increasingly recommending their usage in various surgical procedures, that positively influencing the market growth.
The Asia Pacific region is anticipated to be fastest emerging region with a healthy CAGR of XX% over the forecast period, owing to rising adoption of innovative dissolvable suture materials and manufacturing technique and increasing number of governments across the APAC region, who are implementing favorable policies to promote healthcare infrastructure development, enhance patient care, and attract investments in the medical device sector.
Key Market Players & Competitive Insights
The dissolvable stitches market is highly competitive and is anticipated to witness competition due to several players' presence. Major players in the market are constantly launching different types of dissolvable stitches to stay ahead of the competition and to ensure efficiency, integrity, and safety. These players focus on partnership, product upgrades, and collaboration to gain a competitive edge over their peers and capture a significant market share.
Some of the major players operating in the global market include:
- Apollo Endosurgery
- B. Braun
- Boston Scientific Corporation
- Coloplast
- Conmed Corporation
- DemeTECH Corporation
- Dolphin Sutures
- Ethicon
- Johnson & Johnson
- Integra Lifesciences
- Lotus Surgicals.
- Medtronic
- Smith & Nephew
- Sutures India
- Surgical Specialties
- TEPHA
- Teleflex
Recent Developments
- In February 2022, MIT Engineers, announced that they have successfully developed a new kind of surgical duct tape, that is flexible, strong, and biocompatible sticky patch and can be very easily or quickly applied to the biological tissues. The newly developed adhesive can strongly bind to tissues within few seconds and hold that for over a month and is currently targeted to seal several types of defects in gastrointestinal tract.
- In April 2021, Dolphin Sutures, introduced new non-absorbable poly-tetra-fluoro-ethylene sutures named “TEFLENE”. It is a kind of mono-filament smooth suture material composed of the PTFE with very low friction coefficient.
Dissolvable stitches Market Report Scope
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Report Attributes |
Details |
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Market size value in 2023 |
USD 4.29 billion |
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Revenue forecast in 2032 |
USD 7.23 billion |
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CAGR |
5.9% from 2023 – 2032 |
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Base year |
2022 |
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Historical data |
2019 – 2021 |
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Forecast period |
2023 – 2032 |
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Quantitative units |
Revenue in USD billion and CAGR from 2023 to 2032 |
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Segments covered |
By Type, By Application, By End User, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Key companies |
Johnson & Johnson Services Inc., Medtronic, Apollo Endosurgery Inc., Boston Scientific Corporation, DemeTECH Corporation, TEPHA Inc., B. Braun Melsungen AG, Smith & Nephew, Coloplast A/S, Conmed Corporation, Sutures India Pvt. Ltd., Ethicon US LLC, Integra Lifesciences, Surgical Specialties Corporation, Dolphin Sutures, Teleflex Incorporated, and Lotus Surgicals Pvt. Ltd. |
FAQ's
The Dissolvable Stitches Market report covering key segments are type, application, end user, and region
The global dissolvable stiches market size is expected to reach USD 7.23 billion by 2032
The global dissolvable stiches market is expected to grow at a CAGR of 5.9% during the forecast period.
North America regions is leading the global market
Key driving factors in dissolvable stitches market Technological advancement
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