Global surgical sutures market to reach $4.5 billion by 2033, forecasts GlobalData, Health News, ET HealthWorld
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Global surgical sutures market to reach $4.5 billion by 2033, forecasts GlobalData
The primary driver of the suturing devices market is the increasing number of surgical procedures, especially those propelled by an aging population. Many chronic diseases including diabetes, cardiovascular disease, cancer, and age-related orthopedic or cardiovascular health issues, often require surgical intervention.
ETHealthWorld
March 28, 2023, 14:30 IST
New Delhi: A growing incidence of chronic diseases, trauma, and the burden of age-related health conditions, has led to a higher need for surgical procedures and healing-related medical devices like surgical sutures.
Factors fueling the development of healing-promoting suture materials and faster application methods are limited healthcare resources and an emphasis on improving patient outcomes. As a result, the global surgical sutures market is forecast to reach $4.5 billion in 2033, up from $3 billion in 2022, according to GlobalData, a data and analytics company.
The primary driver of the suturing devices market is the increasing number of surgical procedures, especially those propelled by an aging population. Many chronic diseases including diabetes, cardiovascular disease, cancer, and age-related orthopedic or cardiovascular health issues, often require surgical intervention.
Sutures are an essential component of wound closure and healing and are used in various procedures, from open surgery to minimally invasive surgery.
On minimally invasive procedures, Ashley Clarke, Medical Analyst, GlobalData, commented Many surgeries are trending towards minimally invasive procedures, as they involve smaller incisions, a lower risk of complications, and a faster recovery. This has not necessarily decreased the demand for sutures, but has resulted in a shift in suture development, with more sutures being absorbable, barbed, or knotless to increase their suitability for these procedures.
The risk of infection after surgical procedures is high, with around 1 per cent to 5 per cent of all surgeries developing a surgical site infection. Other wound closure devices, including staples and sealants, are typically associated with a lower risk of infection than sutures, but new manufacturing methods are producing sutures that protect against infection.
Clarke continued The next generation of sutures are being specifically designed to match their application, improving patient outcomes, and ensure a safer surgical recovery. Drug-eluting and bioactive sutures can also release compounds into nearby tissue to reduce inflammation, control bacterial growth, and promote healing while still fulfilling their mechanical requirements.
There is also potential for automated suturing devices to help increase the precision and efficiency of suture applications, albeit at a higher cost. These devices offer more control and cause less tissue damage than stapling devices and are best used for delicate tissues or in complex surgeries.
Coupled with their cost effectiveness and widespread availability, these technological advancements will ensure sutures remain significant. As living standards in emerging markets continue to rise and a larger portion of the population demands better healthcare, the added market potential could also significantly expand medical device markets for essential yet inexpensive devices, like sutures, concluded Clarke.
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Tuesday, March 28, 2023 at 9:00 am