Surgical Sutures Market Industry: Middle East and Africa Supply Chain Relationship, Development Trends, Key Companies Profile and Forecast to 2022

Market Synopsis of Middle East and Africa Surgical Sutures Market

Market Scenario:
Sutures commonly called as stitches are surgical threads used to close cuts of a wound so that healing occurs rapidly. It also avoids infection of an open wound. The market for Middle East and Africa surgical sutures is growing moderately at a CAGR rate of 5%. The market’s driving factors are rising incidences of accidents, growing expenditure on health 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 includes increasing preference for minimally invasive surgical procedures and the presence of alternative wound care products which are key factors expected to restrain the growth of this market.

The market is extremely fragmented as there are huge number of players and there are ample opportunities for the entrance of new players in the market. The most attractive strategy is market development and Middle East and Africa provide ample opportunities for development of the market due to large unmet needs.

The latest trend in the market and key to future market leadership is technological advancement. 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. Another development has been the introduction of anti-microbial film coated sutures which provides additional protection against infection. The latest technological advancement has been the introduction of automated suturing device.

Surgical Sutures Market for Middle East and Africa was estimated to be around $ 430 million in 2016. Taking all factors into consideration, we expect the Middle East and Africa surgical sutures market to reach around $ 576.3 million, by 2022, growing at a CAGR of 5%.

Key Players for Middle East and Africa Surgical Sutures Market:

  • Ethicon Inc.
  • B. Braun Melsungen AG
  • Dolphin Sutures
  • Synthecon
  • DemeTECH Corporation
  • Medtronic plc.
  • Internacional Farmaceutica
  • Sutures India Pvt. Ltd.

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Study Objectives Middle East and Africa Surgical Sutures Market:

  • To provide detail analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the Middle East and Africa surgical sutures market
  • To provide insights about factors affecting the market growth
  • To analyze the market based on various analyses which includes price analysis, supply chain analysis, Porters Five Force analysis etc.
  • To provide historical and forecast revenue of the market segments and sub-segments for Middle East and Africa Surgical Sutures market
  • To provide country level analysis of the market with respect to the current market size and future growth prospect
  • To provide country level analysis of the market which includes by product type (absorbable and non-absorbable), by raw material (natural and synthetic) and by construction (monofilament and multi-filament) and other sub segments.
  • To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies and drawing a competitive landscape of the market
  • To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments globally.

Market Segments:

Middle East and Africa surgical sutures market has been segmented

  • On the basis of product type which comprises of absorbable and non-absorbable sutures.
  • On the basis of raw material; market is segmented into natural and synthetic.
  • On the basis of construction; market is segmented into monofilament and multi-filament.

Regional Analysis of Middle East and Africa Surgical Sutures Market:

UAE is the largest market for surgical sutures in entire Middle East and Africa surgical sutures market closely followed by Egypt. Saudi Arabia has higher growth of surgical suture market as compared to the above mentioned regions due to expanding medical facilities and greater per capita income. The rest of Africa market is however the fastest growing with a huge unmet medical needs.

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The report of Middle East and Africa Surgical Sutures Market by Market Research Futurecomprises extensive primary research along with detail analysis of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of market’s segments and regions.

Table of Contents:

  • Introduction
  • Scope Of Study
  • Research Process
  • Macroeconomic Indicators
  • Market Factor Analysis
  • Company Landscape
  • RESEARCH PROCESS

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