Global Veterinary Surgical Sutures Market Size 2018 by Suture Type (Absorbable Surgical Suture and Non-Absorbable Surgical Suture), by End Users (Clinics and Hospitals), by Region and Forecast 2019 to 2025
Sep 2019
Total Pages: 80
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The global veterinary surgical sutures market was valued at USD 244.9 Million in 2018. Rising prevalence of zoonotic diseases, increasing pet uptake, constant rise in animal surgical procedures throughout the globe are the major drivers influencing the veterinary surgical sutures market growth.
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According to the 2017 and 2018 survey by the American Pet Products Association, the combined annual expense incurred on veterinary surgery pertaining to dogs and cats is approximately USD 730. Constant rise in the sophistication related to veterinary diagnostics and surgical procedures further bolster the veterinary surgical sutures market growth. Burgeoning economic growth observed in the developing regions serves as a lucrative market opportunity for western giants to promote business expansion by establishing retail outlets and regional subsidiaries. Few restraints associated with veterinary surgical sutures are the premature removal of attachment clips and epithelization of suture tunnels causing cyst formation.
The global veterinary surgical sutures market has been segmented by suture type and end users. Suture type is further chiefly categorized as absorbable and non-absorbable surgical sutures. Absorbable surgical sutures dominated the suture types segment market in 2018, with 51.5% market owing to its ability to reduce tension in wound healing process and utility to be placed in subcutaneous tissues to prevent dead spaces. In the end user segment, hospitals generated maximum revenue of USD 171.4 million in 2018, with clinics anticipated to grow at a rampant pace during the forecast period.
North America represents the largest market share in 2018, however Asia Pacific is expected to show the highest CAGR of 7.6% during the forecast period. The Asian market will cater impressive growth on account of rising prevalence of zoonotic diseases and increasing demand for pet animals.
The key players spearheading the veterinary surgical sutures market are B.Braun, DemeTech, Ethicon US, LLC, AmerisourceBergen Corporation, KRUSSE UK Ltd, Teleflex Incorporated and Q-Close (Clinisupplies Ltd.), Genia, KATSAN, RWD Life Science and Somni Scientific.
Key Segments of the Global Veterinary Surgical Sutures Market
Suture Type, 2015-2025 (USD Million)
- Absorbable Surgical Suture
- Monofilament
- Natural
- Braided
- Non-Absorbable Surgical Suture
- Monofilament
- Braided
End User, 2015-2025 (USD Million)
- Hospitals
- Clinics
Regional Overview, 2015-2025 (USD Million)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Rest of Europe
- Asia Pacific
- China
- Japan
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Rest of MEA
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global veterinary surgical sutures industry
- The overall segmentation of the veterinary surgical sutures market, especially key segments such as suture type and end users are thoroughly studied. Absorbable surgical sutures is anticipated to be the largest and fastest growing sub segment till 2025
- Supportive regulatory environment provided by local healthcare agencies in Asia Pacific will further drive the veterinary surgical sutures market growth
- Rising prevalence of zoonotic diseases and increasing surgical procedures to treat critical illness in domestic animals will further bolster the veterinary surgical sutures market growth
What does the report include?
- The study on the global veterinary surgical sutures market includes qualitative analysis of factors such as drivers, restraints and opportunities
- The report covers qualitative and quantitative analysis of the overall market segmented on the basis of suture type and end user and breakdown of the same at regional level
- Actual market sizes and forecasts have been provided for all the considered segments
- The study includes the profiles of key market players with a significant global and/or regional presence along with top company positioning
Who should buy this report?
This study is suitable for industry participants and stakeholders in the veterinary surgical sutures industry, seeking an in-depth insight into the movement of the veterinary surgical sutures market. The report will benefit:
- Executives of veterinary surgical sutures manufacturing companies that are engaged in spreading knowledge about its benefits on domestic and pet animals
- Managers within financial institutions looking to publish recent and forecasted statistics pertaining to veterinary surgical sutures
- Venture capitalists, investors, financial institutions, analysts, government organizations, regulatory authorities, policymakers, researchers, strategy managers, and academic institutions looking for insights into the market to determine future strategies
- Manufacturers of veterinary surgical sutures who are looking for new avenues of revenue generation
In the last 2 decades, considerable amount of technological advancement has taken place in the development of veterinary surgical sutures. The manufactured sutures possess ideal properties such as good handling characteristics, secure knots, sterility, non-allergenic, non-electrolytic and adequate tensile strength. Absorbable surgical sutures manufactured from natural sources as sheep intestinal mucosa has variable absorption time, hence making it unsuitable to be used in patients requiring delayed healing time. Absorbable sutures manufactured from polyglycolic acid and polyglactin acid provides excellent tensile strength and good knot security.
B.Braun Vetcare has absorbable monofilament and braided sutures such as MonoPlus® and Monosyn® which are long term and short term sutures catering surgical procedures requiring different healing time in the veterinary animals. KRUSSE UK Ltd. has a wide range of veterinary surgical sutures, specializing in the development and sale of equine sutures. Non-absorbable surgical sutures are commonly used in performing dermatological surgeries in veterinary animals manufactured from different materials such as silk, nylon, polyester, prolene, hexafluoro-propylene etc. Silk sutures find wide application in perming wound closures pertaining to mucosal and intertriginous region owing to its soft and pliable nature. Prolene, on account of its plasticity is capable to accommodate the wound as it expands when the tissues swell. Polyester and hexafluoropropylene are used in prosthetic implantations, cardiovascular surgery due to its excellent tensile strength properties and ability to resist infection post implantation. B.Braun Vetcare has Optilene® which is a non-absorbable monofilament suture which is sterile and usually available as LongPack® and RacePack® in order to diminish memory effect.
The global veterinary surgical sutures market is segmented in terms of suture types and end users. Absorbable surgical sutures are further sub-segmented as monofilament, natural and braided manufactured from polydioxanone, animal gut, polyglycolic and polygalactic acid respectively. The non-absorbable surgical sutures are categorized as monofilament and braided obtained from polyester, silk, polypropylene and polybutester accordingly. Absorbable surgical sutures will continue to project its outstanding market growth owing to its ability to be utilized in subcutaneous tissue reducing tension during healing process.
.png "Global Veterinary Surgical Sutures Market, By Suture Type (USD million)")
Hospitals held the largest market in the end user segment on account of proactive government funding to promote veterinary science discipline throughout the globe and capability to capture the untapped markets in the remote areas.
The global veterinary surgical sutures market is spread across North America, Europe, Asia Pacific, South America and Middle East, Africa. In 2018, North America dominated the regional segment for veterinary surgical sutures market. The presence of key players such as Teleflex Incorporated, AmerisourceBergen Corporation, Ethicon US, LLC and B. Braun etc. influences positive market growth in North America. Europe trails in the second position on account of its strategic collaboration between major medical device companies specializing in manufacturing veterinary surgical products. Asia Pacific is anticipated to grow at a CAGR of 7.6% during the forecast period, primarily due to developing veterinary care infrastructure and significant rise in pet adoption.
The global veterinary surgical sutures market was valued at USD 244.9 Million in 2018. Rising prevalence of zoonotic diseases, increasing pet uptake, constant rise in animal surgical procedures throughout the globe are the major drivers influencing the veterinary surgical sutures market growth.
According to the 2017 and 2018 survey by the American Pet Products Association, the combined annual expense incurred on veterinary surgery pertaining to dogs and cats is approximately USD 730. Constant rise in the sophistication related to veterinary diagnostics and surgical procedures further bolster the veterinary surgical sutures market growth. Burgeoning economic growth observed in the developing regions serves as a lucrative market opportunity for western giants to promote business expansion by establishing retail outlets and regional subsidiaries. Few restraints associated with veterinary surgical sutures are the premature removal of attachment clips and epithelization of suture tunnels causing cyst formation.
The global veterinary surgical sutures market has been segmented by suture type and end users. Suture type is further chiefly categorized as absorbable and non-absorbable surgical sutures. Absorbable surgical sutures dominated the suture types segment market in 2018, with 51.5% market owing to its ability to reduce tension in wound healing process and utility to be placed in subcutaneous tissues to prevent dead spaces. In the end user segment, hospitals generated maximum revenue of USD 171.4 million in 2018, with clinics anticipated to grow at a rampant pace during the forecast period.
North America represents the largest market share in 2018, however Asia Pacific is expected to show the highest CAGR of 7.6% during the forecast period. The Asian market will cater impressive growth on account of rising prevalence of zoonotic diseases and increasing demand for pet animals.
The key players spearheading the veterinary surgical sutures market are B.Braun, DemeTech, Ethicon US, LLC, AmerisourceBergen Corporation, KRUSSE UK Ltd, Teleflex Incorporated and Q-Close (Clinisupplies Ltd.), Genia, KATSAN, RWD Life Science and Somni Scientific.
Key Segments of the Global Veterinary Surgical Sutures Market
Suture Type, 2015-2025 (USD Million)
- Absorbable Surgical Suture
- Monofilament
- Natural
- Braided
- Non-Absorbable Surgical Suture
- Monofilament
- Braided
End User, 2015-2025 (USD Million)
- Hospitals
- Clinics
Regional Overview, 2015-2025 (USD Million)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Rest of Europe
- Asia Pacific
- China
- Japan
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- Rest of MEA
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global veterinary surgical sutures industry
- The overall segmentation of the veterinary surgical sutures market, especially key segments such as suture type and end users are thoroughly studied. Absorbable surgical sutures is anticipated to be the largest and fastest growing sub segment till 2025
- Supportive regulatory environment provided by local healthcare agencies in Asia Pacific will further drive the veterinary surgical sutures market growth
- Rising prevalence of zoonotic diseases and increasing surgical procedures to treat critical illness in domestic animals will further bolster the veterinary surgical sutures market growth
What does the report include?
- The study on the global veterinary surgical sutures market includes qualitative analysis of factors such as drivers, restraints and opportunities
- The report covers qualitative and quantitative analysis of the overall market segmented on the basis of suture type and end user and breakdown of the same at regional level
- Actual market sizes and forecasts have been provided for all the considered segments
- The study includes the profiles of key market players with a significant global and/or regional presence along with top company positioning
Who should buy this report?
This study is suitable for industry participants and stakeholders in the veterinary surgical sutures industry, seeking an in-depth insight into the movement of the veterinary surgical sutures market. The report will benefit:
- Executives of veterinary surgical sutures manufacturing companies that are engaged in spreading knowledge about its benefits on domestic and pet animals
- Managers within financial institutions looking to publish recent and forecasted statistics pertaining to veterinary surgical sutures
- Venture capitalists, investors, financial institutions, analysts, government organizations, regulatory authorities, policymakers, researchers, strategy managers, and academic institutions looking for insights into the market to determine future strategies
- Manufacturers of veterinary surgical sutures who are looking for new avenues of revenue generation
Chapter 1. Executive Summary
Chapter 2. Research Methodology
2.1. Research approach
2.2. Scope, definition, and assumptions
2.3. Data sources
Chapter 3. Market Outlook
3.1. Introduction
3.2. Key trends
3.2.1. Market drivers
3.2.1.1. Rising prevalence of zoonotic diseases
3.2.1.2. Increasing public health awareness pertaining to the sophistication of the diagnostic techniques and surgical procedures employed to treat chronic illness in animals
3.2.2. Market restraints
3.2.2.1. Non-absorbable sutures usually result in premature removal of attachment clips causing suture removal
3.2.2.2. Absorbable sutures are subjected to frequent epithelization of suture tunnels result in cyst formation and permanent suture tracts
3.2.3. Market opportunities
3.2.3.1. Growing economy in the developed regions serves as a lucrative market opportunity for western major players
3.3. Top player positioning, 2018
Chapter 4. Veterinary Surgical Sutures Market Overview, By Suture Type
4.1. Absorbable surgical sutures
4.1.1. Monofilament
4.1.2. Natural
4.1.3. Braided
4.2. Non-absorbable surgical sutures
4.2.1. Monofilament
4.2.2. Braided
Chapter 5. Veterinary Surgical Sutures Market Overview, By End User
5.1. Clinics
5.2. Hospitals
Chapter 6. Veterinary Surgical Sutures Market Overview, By Region
6.1. North America
6.1.1. U.S.
6.1.2. Canada
6.2. Europe
6.2.1. Germany
6.2.2. U.K.
6.2.3. Rest of Europe
6.3. Asia Pacific
6.3.1. Japan
6.3.2. China
6.3.3. Rest of Asia Pacific
6.4. Latin America
6.4.1. Brazil
6.4.2. Mexico
6.4.3. Rest of Latin America
6.5. MEA
6.5.1. GCC
6.5.2. Rest of MEA
Chapter 7. Company Profiles
7.1. B.Braun
7.1.1. Company overview
7.1.2. Product portfolio
7.1.3. Key developments
7.1.4. Financial performance
7.2. DemeTech
7.2.1. Company overview
7.2.2. Product portfolio
7.2.3. Key developments
7.2.4. Financial performance
7.3. Ethicon US, LLC
7.3.1. Company overview
7.3.2. Product portfolio
7.3.3. Key developments
7.3.4. Financial performance
7.4. AmerisourceBergen Corporation
7.4.1. Company overview
7.4.2. Product portfolio
7.4.3. Key developments
7.4.4. Financial performance
7.5. KRUSSE UK Ltd.
7.5.1. Company overview
7.5.2. Product portfolio
7.5.3. Key developments
7.5.4. Financial performance
7.6. Teleflex Incorporated
7.6.1. Company overview
7.6.2. Product portfolio
7.6.3. Key developments
7.6.4. Financial performance
7.7. Q-Close (Clinisupplies Ltd.)
7.7.1. Company overview
7.7.2. Product portfolio
7.7.3. Key developments
7.7.4. Financial performance
7.8. Genia
7.8.1. Company overview
7.8.2. Product portfolio
7.8.3. Key developments
7.8.4. Financial performance
7.9. KATSAN Katgüt Sanayi ve Tic. A.?
7.9.1. Company overview
7.9.2. Product portfolio
7.9.3. Key developments
7.9.4. Financial performance
7.10. RWD Life Science
7.10.1. Company overview
7.10.2. Product portfolio
7.10.3. Key developments
7.10.4. Financial performance
7.11. Somni Scientific
7.11.1. Company overview
7.11.2. Product portfolio
7.11.3. Key developments
7.11.4. Financial performance