Middle East and Africa Surgical Sutures Market Research, Revenue, Size, Share Analysis & Forecast Till 2027
Surgical sutures are used for enclosing body incisions to prevent infections thus healing the wound quickly; these are referred as stiches in lay man terms. Middle East and Africa surgical sutures market has been growing at a moderate rate due to factors such as rising incidences of accidents which leads to greater use of sutures, growing popularity of cosmetic surgeries and development of advanced sutures such as film coated sutures. The market’s constraints include increasing preference for minimally invasive surgical procedures and the presence of alternative wound care products; these are key factors which are expected to restrain the growth of this market.
The current
market highlights include the dominance of absorbable sutures over the
non-absorbable. The absorbable segment accounts for the largest market share
and is also a fast growing segment as compared to non- absorbable. The demand
of synthetic sutures is growing faster as compared to natural sutures. The
development of absorbable sutures based on synthetic materials such as
polyglycolic acid, polylactic acid, polydioxanone, polyester etc. is driving
the growth of the artificial segment. Future growth will be led by product
development such as film coated sutures. Another attractive product development
strategy includes development of single filament sutures as these have lower
rates of infection. The market is mostly fragmented with a large number of
players; at the same time there is ample opportunity for easy entrance of new
players. Thus market and product development both represent attractive
strategies that can be used for market leadership.
Middle
East and Africa Surgical Sutures market:
The Middle
East and Africa surgical sutures market research has been evaluated as a
growing market and it is expected that the market will grow at a moderate CAGR
of 5 % in future. The growth will be primarily channeled by unmet medical
needs, rising incomes of population along with growth for the need of surgeries
in Africa. However, the growth of this market is hindered by some of the
factors like presence of low quality surgical sutures due to poor regulatory framework
in Africa.
The key
players of this market are Ethicon Inc., B. Braun Melsungen AG, Dolphin
Sutures, Synthecon, DemeTECH Corporation, and Medtronic plc. Internacional
Farmaceutica, Sutures India Pvt. Ltd., and others.
Regional
Analysis:
Depending
on geographic region, surgical sutures market is further segmented into
following countries such as UAE, Egypt, Saudi Arabia, Kuwait, Qatar and Oman.
UAE being one of the largest market in ME&A is followed by Egypt country of
the same region. However, the future market will be led by poorly developed
parts of Africa due to large unmet needs and the growth of surgeries over
there.
Segmentation:
Middle
East and Africa surgical sutures market has been segmented on the basis of
product type which comprises absorbable and non-absorbable types. On the basis
of raw materials used; the market is segmented into natural and synthetic. On
the basis of construction; market is segmented into monofilament and
multi-filament.
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Full Report Details @ https://www.marketresearchfuture.com/reports/mea-surgical-sutures-market-2694
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