South & Central America Hospital Suture Market

Historic Data: 2019-2020   |   Base Year: 2021   |   Forecast Period: 2022-2028

Analysis – by Product (Suture, Automated Suturing Devices, and Others), Nature (Absorbable Sutures and Non-Absorbable Sutures), Type (Monofilament and Braided), and Application (General Surgery, Orthopedic Surgery, Cardiovascular Surgery, and Others)


No. of Pages: 139    |    Report Code: BMIRE00025071    |    Category: Life Sciences

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South & Central America Hospital Suture Market

The South & Central America hospital suture market is expected to reach US$ 580.35 million by 2028 from US$ 404.31 million in 2021; it is estimated to grow at a CAGR of 5.3% from 2021 to 2028.

 

The market's growth is attributed to the rising usage of smart sutures and increasing cases of chronic wounds and surgeries. However, noninvasive alternatives to stitches are likely to hinder the market's growth during the forecast period.

Sutures are used to stabilize the wound and promote natural healing. Therefore, they are widely required for post-operative wound closure. Sutures are also used to treat other deep wounds, including wounds caused due to road and occupational accidents, orthopedic injuries, and injuries caused due to sports. Wound healing is an unmet therapeutic challenge faced by healthcare providers worldwide. Wound care management is a complex procedure as several factors play a role in the healing; however, suturing has transformed the wound closure process, followed by faster healing.

The development of absorbable and biodegradable sutures offering faster healing has led to evolutions in suturing techniques. These sutures eliminate the need for suture or stitch removal, which proves specifically helpful for treating pediatric and geriatric patients. Such developments boost the adoption of automated suturing devices by reducing complications caused by traditional suturing. Automated suturing devices are safer, quicker, and more accurate than manual suturing. They also reduce the risk of subsequent tissue trauma and scarring by optimizing the needle force and size required for safe and efficient suturing. Moreover, automated suturing devices reduce the risk of needle stick injuries and the combined risk of infections such as HIV and Hepatitis B among healthcare practitioners.

Further developments have led to robotic suture/endoscopic suturing devices that are suitable for robotically aided surgeries. These techniques reduce the need for open operations, increase the speed of suturing, and ensure better access to hard-to-reach areas in the subject body. Robotic suturing has also increased the accuracy of suturing in cosmetic and internal surgeries, wherein a limited movement is permitted by reducing human errors. Thus, the developments in 0sutures are leading to the growth of the hospital suture market.

South & Central America Hospital Suture Market Revenue and Forecast to 2028 (US$ Million)

South & Central America Hospital Suture Market Revenue and Forecast to 2028 (US$ Million)
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South & Central America Hospital Suture Strategic Insights

Strategic insights for the South & Central America Hospital Suture provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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South & Central America Hospital Suture Report Scope

Report Attribute Details
Market size in 2021 US$ 404.31 Million
Market Size by 2028 US$ 580.35 Million
Global CAGR (2021 - 2028) 5.3%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Product
  • Suture
  • Automated Suturing Devices
By Nature
  • Absorbable Sutures
  • Non-Absorbable Sutures
By Type
  • Monofilament
  • Braided
By Application
  • General Surgery
  • Orthopedic Surgery
  • Cardiovascular Surgery
Regions and Countries Covered South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Market leaders and key company profiles
  • Assut Medical Sarl
  • Péters Surgical.
  • SERAG-WIESSNER GmbH & Co. KG Zum Kugelfang
  • DemeTECH Corporation
  • Teleflex Incorporated
  • Smith & Nephew
  • B. Braun Melsungen AG
  • Johnson and Johnson Services, Inc.
  • Medtronic
  • W. L. Gore and Associates, Inc.
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    South & Central America Hospital Suture Regional Insights

    The geographic scope of the South & Central America Hospital Suture refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    SOUTH & CENTRAL AMERICA HOSPITAL SUTURE MARKET SEGMENTATION

    Based on product, the South & Central America hospital suture market is divided into sutures, automated suturing devices, and others. In terms of nature, the market is segmented into absorbable sutures and non-absorbable sutures. Based on type, the market is divided into monofilament and braided. In terms of application, the market is categorized into general surgery, cardiovascular surgery, orthopedic surgery, and others. Geographically, the South & Central America hospital suture market is divided into Brazil, Argentina, and the Rest of South and Central America.


    Assut Medical Sarl; Péters Surgical; SERAG-WIESSNER GmbH & Co. KG Zum Kugelfang, DemeTECH Corporation, Teleflex Incorporated, Smith & Nephew, B. Braun Melsungen AG, Johnson and Johnson Services, Inc., Medtronic; and W. L. Gore and Associates, Inc. are among the leading companies operating in the

    South & Central America hospital suture market.

    The List of Companies - South & Central America Hospital Suture Market

    1. Assut Medical Sarl
    2. Péters Surgical.
    3. SERAG-WIESSNER GmbH & Co. KG Zum Kugelfang
    4. DemeTECH Corporation
    5. Teleflex Incorporated
    6. Smith & Nephew
    7. B. Braun Melsungen AG
    8. Johnson and Johnson Services, Inc.
    9. Medtronic
    10. W. L. Gore and Associates, Inc.
    Frequently Asked Questions
    How big is the South & Central America Hospital Suture Market?

    The South & Central America Hospital Suture Market is valued at US$ 404.31 Million in 2021, it is projected to reach US$ 580.35 Million by 2028.

    What is the CAGR for South & Central America Hospital Suture Market by (2021 - 2028)?

    As per our report South & Central America Hospital Suture Market, the market size is valued at US$ 404.31 Million in 2021, projecting it to reach US$ 580.35 Million by 2028. This translates to a CAGR of approximately 5.3% during the forecast period.

    What segments are covered in this report?

    The South & Central America Hospital Suture Market report typically cover these key segments-

    • Product (Suture, Automated Suturing Devices)
    • Nature (Absorbable Sutures, Non-Absorbable Sutures)
    • Type (Monofilament, Braided)
    • Application (General Surgery, Orthopedic Surgery, Cardiovascular Surgery)

    What is the historic period, base year, and forecast period taken for South & Central America Hospital Suture Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the South & Central America Hospital Suture Market report:

  • Historic Period : 2019-2020
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Who are the major players in South & Central America Hospital Suture Market?

    The South & Central America Hospital Suture Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Assut Medical Sarl
  • Péters Surgical.
  • SERAG-WIESSNER GmbH & Co. KG Zum Kugelfang
  • DemeTECH Corporation
  • Teleflex Incorporated
  • Smith & Nephew
  • B. Braun Melsungen AG
  • Johnson and Johnson Services, Inc.
  • Medtronic
  • W. L. Gore and Associates, Inc.
  • Who should buy this report?

    The South & Central America Hospital Suture Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the South & Central America Hospital Suture Market value chain can benefit from the information contained in a comprehensive market report.