According to a recent report by Future Market Insights, the USA knotless surgical sutures industry is poised for sustained growth over the next decade. The market, valued at USD 175.7 million in 2022, is expected to see a year-on-year (Y-o-Y) growth of 3.1% in 2023, reaching USD 181.0 million. With a compound annual growth rate (CAGR) of 3.6% during the forecast period, the market value is projected to climb to an impressive USD 258.7 million by 2033.
Knotless surgical sutures have revolutionized wound closure in medical procedures, offering enhanced precision, reduced surgical time, and improved patient outcomes. These benefits are driving their widespread adoption across the healthcare sector, particularly in the United States.
The steady growth of this market is fueled by the increasing prevalence of chronic conditions requiring surgical intervention, advancements in surgical techniques, and the demand for innovative medical devices that improve efficiency. Additionally, healthcare providers are increasingly adopting knotless sutures for their ability to minimize the risk of infection and enhance post-operative healing.
Key Drivers for Growth:
- Rising adoption of minimally invasive surgical procedures.
- Increasing awareness among surgeons regarding advanced suture technologies.
- Expansion of healthcare infrastructure and expenditure in the United States.
The report highlights a promising outlook for stakeholders in the knotless surgical sutures industry, from manufacturers to healthcare providers, as they continue to innovate and address the evolving needs of patients and clinicians.
Key Takeaways: USA Knotless Surgical Sutures Market
- Market Growth Overview
- The USA knotless surgical sutures industry is anticipated to grow at a CAGR of 6% from 2023 to 2033, with market value rising from USD 181.0 Million in 2023 to USD 258.7 Million by 2033.
- The market was valued at USD 175.7 Million in 2022 and is expected to exhibit a Y-o-Y growth of 3.1% in 2023.
- Regional Insights
- Northeast USA: Dominates with a 0% market share in 2022 due to high healthcare expenditure and rising prevalence of trauma and road accidents, leading to increased adoption of knotless surgical sutures.
- Midwest USA: Emerges as the fastest-growing market, projected to grow at a CAGR of 4.1% over the forecast period, driven by increasing demand for affordable and efficient surgical technologies.
- Product Preference
- Absorbable Sutures: Accounted for 0% of the market in 2022. These sutures are preferred due to their ability to break down naturally, eliminating the need for removal and reducing associated risks.
- Raw Material: Polyglactin absorbable sutures held a 4% share in 2022, owing to their strength, biodegradability, and support during critical healing periods.
- Source and Application Trends
- Synthetic Sutures: Dominated with a 3% share in 2022, featuring advanced anchoring mechanisms and reliable closure technologies.
- Cardiovascular Procedures: Held a 2% revenue share in 2022, driven by applications in minimally invasive heart surgeries. Knotless barbed sutures offer efficiency in closing low-pressure heart structures, addressing heart disease, a leading cause of mortality in the USA.
- End-User Insights
- Hospital Laboratories: Accounted for the largest share of 9% in 2022, contributing through testing and research to enhance suture performance and application reliability.
The USA knotless surgical sutures industry continues to evolve, driven by innovation, regional demands, and the rising adoption of advanced surgical solutions.
Accelerated Market Demand: Find Comprehensive Insights and Trends in Our Full Report!
Competitive Landscape:
Organizations employ several strategies to gain a competitive edge in the market, including new product launches, technological advancements, regulatory compliance, and forming acquisition or distribution agreements to expand their reach and business operations.
Key Examples:
- Dolphin Sutures: In July 2022, Dolphin Sutures unveiled the world’s most extensive range of antimicrobial sutures. This initiative aims to enhance patient safety while providing surgeons with increased confidence across diverse clinical applications.
- CP Medical and B. Braun: In July 2018, CP Medical entered into an agreement to market and distribute B. Braun’s veterinary infusion therapy product line, along with select wound therapy products, across the USA and Canada.
Key Companies Profiled:
Medtronic; B. Braun Melsungen AG; Teleflex Incorporated; Johnson & Johnson (Ethicon); CONMED Corporation; Corza Medical; CP Medical; DemeTECH Corporation; Sutumed; DSI Dental Solution; Golnit Sutures; Vital Sutures; Atramat; Unilene; Advanced MedTech Solutions Pvt. Ltd; Dolphin Sutures; Arthrex, Inc; GMD Group; Dynek Pvt Ltd; Kono Seisakusho Co.,Ltd); Olimp- Surgical Sutures; Lotus Surgicals; Unisur Lifecare Pvt Ltd.
Key Segments Covered in Knotless Surgical Sutures Industry Research:
By Product:
- Absorbable Surgical Sutures
- Non- Absorbable Surgical Sutures
By Raw Material:
- Polyglycolic Acid Absorbable Surgical Suture
- Polyglactin Absorbable Surgical Sutures
- Catgut Absorbable Surgical Sutures
- Poliglecaprone Absorbable Surgical Sutures
- Polydioxanone Absorbable Surgical Sutures
- Polypropylene Non-Absorbable Surgical Sutures
- Nylon (poylamide) Non-Absorbable Surgical Sutures
- Polyester Non-Absorbable Surgical Sutures
- Polyvinylidene fluoride(PVDF) Non-Absorbable Surgical Sutures
- Silk Non-Absorbable Surgical Sutures
- Stainless Steel Non-Absorbable Surgical Sutures
By Source:
- Natural
- Synthetic
- Monofilament
- Braided
- Coated
- Uncoated
By Application:
- Cardiovascular Procedures
- General Surgery Procedures
- Ophthalmic Procedures
- Orthopedic Procedures
- Dental Procedures
- Gastroenterology Procedures
- Gynecology Procedures
- Plastic Surgery Procedures
- Veterinary Procedures
By End User:
- Hospital Laboratories
- Specialized Clinics
- Ambulatory Surgical Centers
- Veterinary Hospitals
- Veterinary Clinics
By Region:
- Northeast
- Midwest
- Southeast
- Southwest
- West
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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