How Will the Global Surgical Sutures Market Shape the Future of Surgical Innovation and Healthcare ROI by 2030?
The global surgical sutures market is poised for robust expansion, offering healthcare executives, investors, and medical technology innovators a window into a high-growth segment of the medical devices sector. Valued at US$4.56 billion in 2024 and projected to reach US$6.65 billion by 2030 at a CAGR of 6.5%, the market’s momentum is fueled by demographic shifts, technological breakthroughs, and...
Surgical Sutures Market: Trends, Growth Drivers, and Emerging Opportunities
The global surgical sutures market is experiencing significant growth, driven by an increase in surgical procedures and advancements in suture technology. In 2023, the market was valued at approximately $4.0 billion and is projected to reach $5.5 billion by 2028, reflecting a Compound Annual Growth Rate (CAGR) of 6.4% during the forecast period.
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Surgical Sutures Market Growth Forecast: $5.5 Billion by 2028 with a 6.4% CAGR
Surgical Sutures Market is forecasted to grow from $4.0 billion in 2023 to $5.5 billion by 2028, at a CAGR of 6.4% according to MarketsandMarkets. This growth is primarily driven by the aging population and rising prevalence of chronic diseases, increasing the demand for surgical procedures. Technological innovations in suture materials are...