India Surgical Sutures Market (2024-2030) Outlook | Companies, Forecast, Growth, Value, Revenue, Size, Trends, Industry, Share & Analysis
Market Forecast By Type (Absorbable, Nonabsorbable), By Filament (Monovalent, Multivalent), By Application (Ophthalmic Surgery, Cardiovascular Surgery, Orthopedic Surgery, Neurological Surgery, Others), By End-use (Hospitals, Ambulatory Surgical Centers and Clinics) And Competitive Landscape
| Product Code: ETC102403 | Publication Date: Aug 2023 | Updated Date: Apr 2024 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Surgical Sutures Market Shipment Analysis
India Surgical Sutures Market registered a growth of 9.67% in value shipments in 2022 as compared to 2021 and an increase of 4.08% CAGR in 2022 over a period of 2017. In Surgical Sutures Market India is becoming less competitive as HHI index in 2022 was 1222 while in 2017 it was 1108. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Surgical Sutures Market.
India Surgical Sutures Market Competition 2023
India Export Potential Assessment For Surgical Sutures Market (Values in Thousand)
India Surgical Sutures Market Synopsis
The India surgical sutures market is expected to grow at a CAGR of over 10.5% during the forecast period. The increasing prevalence of chronic diseases and surge in number of surgeries are major factors driving growth in the India surgical sutures market. Moreover, growing demand for minimally invasive and cosmetic surgery procedures such as bariatric surgery, plastic surgery, etc., will propel the market growth. Additionally, initiatives taken by government bodies to develop healthcare infrastructure across India coupled with favorable reimbursement policies are expected to further augment the growth of this industry.
Market Drivers
Indiasurgical sutures market is expected to grow significantly in the coming years, driven by increasing awareness among physicians and patients about the benefits of advanced wound closure products, growth in chronic diseases, rising healthcare expenditure and cost-effectiveness of sutures. Additionally, increased investments in research & development activities for surgical suture materials by key players are further propelling the India surgical sutures market.
Challenges of the Market
Indiasurgical sutures market is expected to grow significantly in the coming years, driven by increasing awareness among physicians and patients about the benefits of advanced wound closure products, growth in chronic diseases, rising healthcare expenditure and cost-effectiveness of sutures. Additionally, increased investments in research & development activities for surgical suture materials by key players are further propelling the India surgical sutures market.
Key Players in the Market
Some key players operating in this industry include Medtronic Plc., Ethicon US LLC (Johnson & Johnson), CooperSurgical Inc., B Braun Melsungen AG., Conmed Corporation etc
Key Highlights of the Report:
- India Surgical Sutures Market Outlook
- Market Size of India Surgical Sutures Market, 2020
- Forecast of India Surgical Sutures Market, 2027
- Historical Data and Forecast of India Surgical Sutures Revenues & Volume for the Period 2023 - 2027
- India Surgical Sutures Market Trend Evolution
- India Surgical Sutures Market Drivers and Challenges
- India Surgical Sutures Price Trends
- India Surgical Sutures Porter's Five Forces
- India Surgical Sutures Industry Life Cycle
- Historical Data and Forecast of India Surgical Sutures Market Revenues & Volume By Type for the Period 2023 - 2027
- Historical Data and Forecast of India Surgical Sutures Market Revenues & Volume By Absorbable for the Period 2023 - 2027
- Historical Data and Forecast of India Surgical Sutures Market Revenues & Volume By Nonabsorbable for the Period 2023 - 2027
- Historical Data and Forecast of India Surgical Sutures Market Revenues & Volume By Filament for the Period 2023 - 2027
- Historical Data and Forecast of India Surgical Sutures Market Revenues & Volume By Monovalent for the Period 2023 - 2027
- Historical Data and Forecast of India Surgical Sutures Market Revenues & Volume By Multivalent for the Period 2023 - 2027
- Historical Data and Forecast of India Surgical Sutures Market Revenues & Volume By Application for the Period 2023 - 2027
- Historical Data and Forecast of India Surgical Sutures Market Revenues & Volume By Ophthalmic Surgery for the Period 2023 - 2027
- Historical Data and Forecast of India Surgical Sutures Market Revenues & Volume By Cardiovascular Surgery for the Period 2023 - 2027
- Historical Data and Forecast of India Surgical Sutures Market Revenues & Volume By Orthopedic Surgery for the Period 2023 - 2027
- Historical Data and Forecast of India Surgical Sutures Market Revenues & Volume By Neurological Surgery for the Period 2023 - 2027
- Historical Data and Forecast of India Surgical Sutures Market Revenues & Volume By Others for the Period 2023 - 2027
- Historical Data and Forecast of India Surgical Sutures Market Revenues & Volume By End-use for the Period 2023 - 2027
- Historical Data and Forecast of India Surgical Sutures Market Revenues & Volume By Hospitals for the Period 2023 - 2027
- Historical Data and Forecast of India Surgical Sutures Market Revenues & Volume By Ambulatory Surgical Centers and Clinics for the Period 2023 - 2027
- India Surgical Sutures Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Filament
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By End-use
- India Surgical Sutures Top Companies Market Share
- India Surgical Sutures Competitive Benchmarking By Technical and Operational Parameters
- India Surgical Sutures Company Profiles
- India Surgical Sutures Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Surgical Sutures Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Surgical Sutures Market Revenues & Volume, 2020 & 2027F |
3.3 India Surgical Sutures Market - Industry Life Cycle |
3.4 India Surgical Sutures Market - Porter's Five Forces |
3.5 India Surgical Sutures Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.6 India Surgical Sutures Market Revenues & Volume Share, By Filament, 2020 & 2027F |
3.7 India Surgical Sutures Market Revenues & Volume Share, By Application, 2020 & 2027F |
3.8 India Surgical Sutures Market Revenues & Volume Share, By End-use, 2020 & 2027F |
4 India Surgical Sutures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Surgical Sutures Market Trends |
6 India Surgical Sutures Market, By Types |
6.1 India Surgical Sutures Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India Surgical Sutures Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 India Surgical Sutures Market Revenues & Volume, By Absorbable, 2018 - 2027F |
6.1.4 India Surgical Sutures Market Revenues & Volume, By Nonabsorbable, 2018 - 2027F |
6.2 India Surgical Sutures Market, By Filament |
6.2.1 Overview and Analysis |
6.2.2 India Surgical Sutures Market Revenues & Volume, By Monovalent, 2018 - 2027F |
6.2.3 India Surgical Sutures Market Revenues & Volume, By Multivalent, 2018 - 2027F |
6.3 India Surgical Sutures Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Surgical Sutures Market Revenues & Volume, By Ophthalmic Surgery, 2018 - 2027F |
6.3.3 India Surgical Sutures Market Revenues & Volume, By Cardiovascular Surgery, 2018 - 2027F |
6.3.4 India Surgical Sutures Market Revenues & Volume, By Orthopedic Surgery, 2018 - 2027F |
6.3.5 India Surgical Sutures Market Revenues & Volume, By Neurological Surgery, 2018 - 2027F |
6.3.6 India Surgical Sutures Market Revenues & Volume, By Others, 2018 - 2027F |
6.4 India Surgical Sutures Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 India Surgical Sutures Market Revenues & Volume, By Hospitals, 2018 - 2027F |
6.4.3 India Surgical Sutures Market Revenues & Volume, By Ambulatory Surgical Centers and Clinics, 2018 - 2027F |
7 India Surgical Sutures Market Import-Export Trade Statistics |
7.1 India Surgical Sutures Market Export to Major Countries |
7.2 India Surgical Sutures Market Imports from Major Countries |
8 India Surgical Sutures Market Key Performance Indicators |
9 India Surgical Sutures Market - Opportunity Assessment |
9.1 India Surgical Sutures Market Opportunity Assessment, By Type, 2020 & 2027F |
9.2 India Surgical Sutures Market Opportunity Assessment, By Filament, 2020 & 2027F |
9.3 India Surgical Sutures Market Opportunity Assessment, By Application, 2020 & 2027F |
9.4 India Surgical Sutures Market Opportunity Assessment, By End-use, 2020 & 2027F |
10 India Surgical Sutures Market - Competitive Landscape |
10.1 India Surgical Sutures Market Revenue Share, By Companies, 2020 |
10.2 India Surgical Sutures Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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