Global Surgical Sutures Materials & packaging Market is valued USD 933.12 Million in 2019 and is projected is to exhibit 5.2 % CAGR during the forecast period. The market is projected to be around USD 1330.60 Million by 2026. The market is driven by the increased incidences of various chronic diseases and technological advancements in surgical suture products.

Surgical suture is a medical device used to keep body tissues together after surgery. The application generally includes using a needle with an attached length of thread. Several different shapes, sizes, and thread materials have been developed over its millennia of history. Surgeons, podiatrists, ophthalmologist, dentists, and other trained nursing personnel, clinical pharmaceutics and doctors typically engage in suturing.
Surgical Sutures Materials & packaging Market Dynamics
The global surge in surgical procedures due to increased incidences of various chronic diseases and technological advancements in surgical suture products help to drive the growth of the market. The favorable reimbursement scenario for many surgical procedures and the launch of advanced sutures are further contributing to the market growth. Moreover, rise in different kinds of surgical procedure and more modern innovations in suture packaging such as they help in reducing the memory effect are expected to further contribute to the substantial growth of the global surgical sutures material & packaging market during the forecast period.

Furthermore, growing awareness about surgeries in the developing countries, investment by market players in emerging markets, and developing imaging and diagnosis techniques are the other key factors to boost the growth in the coming years. At the same time, lack of proper sterilization system in healthcare organizations and unfavorable taxation policies are expected to hinder the global surgical sutures market growth.
Surgical Sutures Materials & packaging Market Insight
Based on the region, North America held the highest market share in 2017. And it is expected to maintain its dominance during the forecast period. On the other hand, Asia-Pacific is expected to be the fastest-growing region due to the rise in the patient population, suffering from diabetes, cardiovascular diseases, coronary thrombosis, cancer, and others. Additionally, China, India, South Korea, and other Asia-Pacific countries offer significant growth opportunities for key players. On account of improved healthcare infrastructure, rise in healthcare awareness, increased disposable income, the surge in demand for better healthcare, and developing the medical tourism industry.
Surgical Sutures Materials & packaging Market Segmentation
The global Surgical Sutures Materials & packaging Market is segmented into product type, material, and region. On the basis of the product type the market is divided into material, packaging type. Based on material the market is segmented into polymer, paper and paperboard, other materials. Based on packaging type the market is segmented into boxes, trays, other packaging types. And based on the geography the market is further segregated into North America, Latin America, Europe and Asia Pacific.
Surgical Sutures Materials & packaging Market Competitive Landscape
The key players in Surgical Sutures Materials & packaging Market are listed as DuPont de Nemours, Inc., Harro Höfliger Verpackungsmaschinen GmbH, Körber Medipak Systems GmbH, Oliver, KOCH Pac-Systeme GmbH, Monadnock Paper Mills Inc., Ace Technologies, and other.