Dissolvable Stitches Market Size Worth $7.23 Billion by 2032 | CAGR: 5.9%

Dissolvable Stitches Market Size Worth $7.23 Billion by 2032 | CAGR: 5.9%


The global dissolvable stitches market size is expected to reach USD 7.23 billion by 2032, according to a new study by Polaris Market Research. The report “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” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Significant rise in the number of surgical procedures being performed globally, growing focus on minimally invasive procedures, and several technological advancements in material science, bioengineering, and manufacturing technologies, leading to the development of dissolvable Stitches with improved characteristics, are major prominent factors boosting the global market growth. For instance, in March 2023, Sinclair, announced the launch of its latest collagen-stimulating injectable Lanluma, mainly to battle cellulite and provide buttock reshaping. It is a type of innovative filler designed to enhance, reshape, and volumize the curves and contours of the human body.

Moreover, as increasing number of patients across the globe becoming more aware of the advantages of dissolvable stitches, and their rising preference for this type of wound closure in the recent years have gained popularity and traction. Patients value the convenience, reduced discomfort, and improved cosmetic outcomes associated with dissolvable stitches, thereby adopting these suture’s rapidly.

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The significant advances in 3D printing and digital manufacturing that have facilitated the production of customized and patient-specific dissolvable sutures and are specifically designed to match the unique anatomical needs of individual patients, improving the precision and effectiveness of wound closure. Thus, customized sutures offer benefits such as reduced tissue trauma, enhanced wound healing, and improved patient satisfaction, which is pushing the product demand and adoption forward at exponential rate.

Additionally, there is a rising emphasis on sustainability and environmental impact in the medical device industry, thereby key manufacturers across the globe are increasingly using biocompatible and biodegradable materials to minimize the ecological footprint of their products coupled with the growing integration of dissolvable stitches with data and connectivity technologies, which are among the major emerging trends in the global market.

Dissolvable Stitches Market Report Highlights

  • Synthetic segment accounted for largest market share in 2022, on account of its numerous beneficial characteristics and capabilities to mitigate the need for suture removal procedures
  • Cardiovascular surgeries segment held the majority market revenue share in 2022, mainly due to rapidly increased number of cardiovascular diseases cases and advancement in its diagnostic techniques
  • Ambulatory surgical centers segment is anticipated to be the fastest growing segment over the study period, due to its advantages including shorter recovery times and cost-effectiveness
  • North America region dominated the market with considerable share in 2022, owing to presence of highly developed healthcare infrastructure and rising investments in R&D activities to develop new innovative surgical solutions
  • The global key market players include Conmed Corporation, Johnson & Johnson, Medtronic, Smith & Nephew, Integra Lifesciences, and Surgical Specialties

Polaris Market Research has segmented the dissolvable Stitches market report based on type, application, end user, and region:

Dissolvable Stitches, Type Outlook (Revenue - USD Billion, 2023 - 2032)

  • Natural
  • Synthetic

Dissolvable Stitches, Application Outlook (Revenue - USD Billion, 2023 - 2032)

  • Cardiovascular Surgeries
  • Orthopedic Surgeries
  • General Surgeries
  • Ophthalmic Surgeries

Dissolvable Stitches, End User Outlook (Revenue - USD Billion, 2023 - 2032)

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers

Dissolvable Stitches, Regional Outlook (Revenue - USD Billion, 2023 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

 

Dissolvable Stitches Market Report Scope

Report Attributes

Details

Market size value in 2023

USD 4.29 billion

Revenue forecast in 2032

USD 7.23 billion

CAGR

5.9% from 2023 – 2032

Base year

2022

Historical data

2019 – 2021

Forecast period

2023 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2023 to 2032

Segments covered

By Type, By Application, By End User, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

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.

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