Suture Wire Market Research Report, by type (absorbable, non-absorbable), Application (surgery, veterinary, and other), End users (hospitals, clinics, other) - Forecast till 2032
ID: MRFR/MED/0715-HCR | 80 Pages | Author: Rahul Gotadki| April 2025
Suture Wire Market Size was valued at USD 1.04 Billion in 2023. The Global Suture Wire industry is projected to grow from USD 1.09 Billion in 2024 to USD 1.93 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 11.77% during the forecast period (2024 - 2032).
Suture wire is a thread which holds the body tissue after surgery or injury. Sutures wires are used in different surgeries like cardiac, renal, dental and many more. They play an important role in the field of medicine. Different types of sutures wires are developed, made up of different materials. Development of absorbable sutures has provided a good platform for the growth and it has found its application in heart and cardiac surgeries.
According to WHO more than 900 million surgeries are performed all over the world of which 300 million are only cardiac surgeries. Suture wire market is driven by increasing number of surgeries and accidents. Besides, the increasing prevalence of a number of chronic diseases, development in the suture wire material and increasing aging population across the globe also contribute to the growth of the suture wire market. Increasing diabetic and obese population across the globe also help to increase the market. However, high cost of the product has hampered the growth of the market.
Study objectives suture wire market
Suture wire market is segmented on the basis of type, application and end users.
On the basis of type the suture wire market is segmented into absorbable suture and non-absorbable suture. Absorbable suture is sub segmented into polyglycolic acid, polylactic acid, polydioxanone and monocryl. Non- absorbable sutures are sub segmented into nylon, polyester, polypropylene, and other.
On the basis of application the market is segmented into surgery, veterinary, and other. Surgery is further sub segmented into cardiac, renal, dental and other.
On the basis of end users suture wire market is segmented into hospitals, clinics and other.
Suture wire market is dominated by America. Suture market in America is driven by increasing number of surgeries and well developed healthcare sector. Beside this, huge number of population suffering from diabetes and other chronic diseases has also supported the growth of this market. Europe has the second largest market which is followed by Asia Pacific. Asia Pacific is expecting the fastest growth for the suture wire market during forecasted period.
Intended Audience
The report for suture wire market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the suture wire market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions.
Attribute/Metric | Details |
Market Size 2023 | 1.04 (USD Billion) |
Market Size 2024 | 1.09 (USD Billion) |
Market Size 2032 | 1.93 (USD Billion) |
Compound Annual Growth Rate (CAGR) | 11.77 % (2024 - 2032) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year | 2023 |
Market Forecast Period | 2024 - 2032 |
Historical Data | 2019 - 2023 |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Boston Scientific Corporation (US), Demetech Corporation (US), Endoevolution Llc (US), Ethicon Inc. (US), Apollo Endosurgery Inc. (US), B. Braun Melsungen AG (Germany), Smith & Nephew Plc. (UK), Surgical Specialties Corporation (Germany), Sutures India Pvt Ltd (India), Internacional Farmacéutica S.A. (US), Medtronic PLC (UK), Peters Surgical (France), Covidien Plc. (UK), Jiangxi Longteng Co. Ltd. (China), DemeTech (US), Teleflex Incorporated (US), Lotus Surgicals Pvt Ltd. (India) |
Key Market Opportunities | New product launches and R&D Amongst major key Players |
Key Market Drivers | Increasing prevalence of a number of chronic diseases Development in the suture wire material Increasing aging population |
Suture wire Market Highlights:
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