Global Cardiac Sutures Market 2024 – Business Opportunities, Industry Growth, Regional Analysis And Forecast To 2033

Overview and Scope
Cardiac sutures are medical devices that close incisions or wounds in the heart or surrounding tissues during cardiac surgery. The stitches are made using a needle and a thread-like material and are used to close incisions or repair damage to the heart tissue.

Sizing and Forecast
The cardiac sutures market size has grown strongly in recent years. It will grow from $1.39 billion in 2023 to $1.53 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%.  The  growth in the historic period can be attributed to surgical procedure evolution, increasing cardiovascular disease, surge in minimally invasive surgeries, growing aging population, r&d investments.

The cardiac sutures market size is expected to see strong growth in the next few years. It will grow to $2.12 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%.  The growth in the forecast period can be attributed to global healthcare infrastructure growth, focus on patient outcomes and recovery, surgeons’ preference and specialization, regulatory compliance and stringent standards, rising demand for biodegradable sutures. Major trends in the forecast period include integration of nanotechnology, robotic-assisted surgery, sutures for structural heart procedures, biodegradable sutures, enhanced suture coatings.

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Segmentation & Regional Insights

The cardiac sutures market covered in this report is segmented –

1) By Type: Absorbable Sutures, Non-Absorbable Sutures

2) By Material Type: Natural, Synthetic

3) By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End-Users

North America was the largest region in the cardiac sutures market in 2023. The regions covered in the cardiac sutures market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The rising prevalence of cardiovascular diseases is expected to propel the growth of the cardiac suture market going forward. Cardiovascular disease refers to conditions that affect the heart or blood vessels. Cardiac sutures are used to close wounds and provide the mechanical support necessary to sustain closure after cardiovascular surgeries. For instance, in October 2022, according to a report published by the Centers for Disease Control and Prevention, a US-based public health agency, about 20.1 million individuals aged 20 and older have cardiovascular diseases. Furthermore, cardiovascular disease (CVD) remains the most common cause of death in the US, accounting for 695,000 deaths in 2021. Therefore, the rising prevalence of cardiovascular diseases will drive the cardiac sutures market.

Key Industry Players
Major companies operating in the cardiac sutures market report are Abbott Laboratories, Medtronic plc, Johnson & Johnson, B. Braun SE, Teleflex Incorporated, Smith & Nephew plc, Boston Scientific Corporation, CONMED Corporation, Deme TECH Corporation, Apollo Endosurgery Inc., Cryolife Inc., W. L. Gore & Associates Inc., Peters Surgical, Stryker Corporation, Ethicon Inc., Internacional Farmacéutica, Sutures India, Mellon Medical B.V., EndoEvolution LLC, Surgical Specialties Corporation, Arthrex Inc., Covidien Holding Inc., Gunze Ltd., Centennial Surgical Suture Ltd., Assut Medical Sarl, Healthium Medtech Ltd., Meril Life Sciences Pvt. Ltd., Cardiovascular Systems Inc., Gore Medical Inc., LivaNova plc

The cardiac sutures  market report table of contents includes:
1. Executive Summary
2. Cardiac Sutures Market Characteristics
3. Cardiac Sutures Market Trends And Strategies
4. Cardiac Sutures Market – Macro Economic Scenario
5. Global Cardiac Sutures Market Size and Growth
……………….
31. Global Cardiac Sutures Market Competitive Benchmarking
32. Global Cardiac Sutures Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Cardiac Sutures Market
34. Cardiac Sutures Market Future Outlook and Potential Analysis
35. Appendix

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