Bioabsorbable Sutures Market
Bioabsorbable Sutures Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Bioabsorbable Sutures Market Size and Growth
The global bioabsorbable sutures market is projected to reach a size of $719.3 million by 2026, with a CAGR of 5.4% during the forecast period. Factors driving market growth include increasing prevalence of chronic diseases, rising demand for minimally invasive surgeries, and advancements in surgical techniques.
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Companies Covered
(Covid 19 Impact Covered)
◍ W. L. Gore & Associates
◍ Zeus Industrial Products
◍ B. Braun Melsungen AG
◍ Boston Scientific Corporation
◍ DemeTECH Corporation
◍ Johnson & Johnson Services Inc.
◍ Medtronic
◍ Teleflex Incorporated
◍ Smith & Nephew plc.
◍ Zimmer Biomet Holdings, Inc.
◍ ConMed Corporation
◍ Arthrex, Inc.
◍ Stryker Corporation
The Bioabsorbable Sutures Market is highly competitive with key players such as W. L. Gore & Associates, B. Braun Melsungen AG, Johnson & Johnson Services Inc., Medtronic, and Zimmer Biomet Holdings, Inc. Companies in this market offer a wide range of bioabsorbable sutures for various surgical applications, contributing to market growth.
- W. L. Gore & Associates: Estimated sales revenue of $3.7 billion in 2020
- Johnson & Johnson Services Inc.: Estimated sales revenue of $82.6 billion in 2020
- Medtronic: Estimated sales revenue of $28.9 billion in 2020
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Market Segmentation
By Application
◍ Ambulatory Surgical Centers
By Product
Other ◍ Hospitals ◍ Clinics
◍ Catgut ◍ Polymer Chemical Synthesis Line ◍ Pure Natural Collagen Suture
◍ Other
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$ 1143.45 Million
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Market Growth
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