PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1643650
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1643650
The global surgical sutures market is projected to grow from USD 4.9 billion in 2024 to USD 8.3 billion by 2032, reflecting a compound annual growth rate (CAGR) of 6.9% during 2025-2032. This growth is fueled by the increasing prevalence of chronic diseases, a growing aging population, and advancements in suture materials and techniques.
Key Insights
The rising number of surgical procedures, driven by an aging population and the growing incidence of chronic diseases, is boosting the demand for surgical sutures.
Technological advancements, such as the development of absorbable and antimicrobial sutures, are improving patient outcomes and reducing the risk of infections, contributing to market growth.
The preference for minimally invasive surgeries, which often require specialized suturing techniques, is increasing the demand for advanced suturing products.
The expansion of healthcare infrastructure, particularly in emerging economies, is facilitating greater access to surgical care, further driving the surgical sutures market.
Favorable reimbursement policies for various surgical procedures encourage more patients to opt for surgeries, indirectly fueling the demand for surgical sutures.
North America holds the largest market share due to advanced healthcare infrastructure and a high volume of surgical procedures. The Asia-Pacific region is expected to experience the fastest growth, driven by a rapidly aging population, increasing healthcare investments, and improving access to surgical care.