Cardiac Sutures Growth Forecast 2025-2034: Trends, Opportunities, and Key Insights You Need to Know
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What is the Predicted CAGR for the Cardiac Sutures Market Over the Forecast Period of 2025 to 2034?
The size of the cardiac sutures market has seen significant expansion in the past few years. The market is expected to grow from a value of $1.49 billion in 2024 to $1.61 billion in 2025, boasting a compound annual growth rate (CAGR) of 8.5%. The growth experienced in the historical period can be credited to the evolution of surgical procedures, rising instances of cardiovascular disease, an increase in minimally invasive surgeries, a growing elderly population, and investments in research and development.
In the upcoming years, the cardiac sutures market is predicted to experience significant expansion, with an expected value of $2.31 billion in 2029 and a compound annual growth rate (CAGR) of 9.4%. This strong growth during the forecast period can be linked to the development of the global healthcare infrastructure, a concentration on patient outcomes and recovery, preferences and specializations of surgeons, stringent regulatory compliance and standards, and a growing demand for biodegradable sutures. Key trends in the forecast period will incorporate nanotechnology, robotic-assisted operations, sutures for structural heart procedures, biodegradable sutures, and improved suture coatings.
Which Primary Drivers Are Supporting the Continued Expansion of the cardiac sutures Market?
The cardiac suture market is anticipated to grow due to the increasing occurrence of cardiovascular diseases. These diseases impact the heart or blood vessels, and cardiac sutures are essential to close wounds and provide the requisite mechanical support for continuous closure post cardiovascular surgeries. As per the data from the British Heart Foundation, a UK-based cardiovascular research charity, in September 2024, around 7.6 million people in the UK are burdened with heart and circulatory diseases, out of which roughly 4 million are males and about 3.6 million are females. These health conditions account for roughly 27% of all deaths in the UK, which translates to more than 170,000 annual deaths, or approximately 480 per day. This equates to one death every three minutes. Therefore, the increasing presence of cardiovascular diseases is expected to fuel the growth of the cardiac sutures market.
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Who Are the Top Companies Driving Innovation and Growth in the Cardiac Sutures Market?
Major companies operating in the cardiac sutures market include:
• Abbott Laboratories_x000D_
• Medtronic plc_x000D_
• Johnson & Johnson_x000D_
• B. Braun SE_x000D_
• Teleflex Incorporated_x000D_
What Key Trends Are Currently Impacting the Cardiac Sutures Market’s Development?
A crucial trend gaining traction in the cardiac suture market is product innovation. Major players in the market are focusing on introducing innovative products to maintain their market standing. Notably, in January 2023, a US-based medical equipment production company called Able Medical Devices., unveiled their Valkyrie looped sternotomy sutures, tailored specifically for use post open heart surgeries. This cutting-edge product utilizes stainless steel sutures to seal a patient’s chest following open heart surgery. Valkyrie offers double the surface area of individual wires, compared to conventional wire sutures, leading to a sturdier sternal closure. It is engineered to minimize the risk of sternal dehiscence, a serious complication post-sternotomy procedures. Moreover, its distinguishing characteristics include a looped design, high tensile strength, less invasiveness, user-friendliness, and it lends a helping hand in improving patient results.
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What Are the Primary Segments of the Cardiac Sutures Market and Their Roles in Growth Dynamics?
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
Subsegments:
1) By Absorbable Sutures: Polyglactin Sutures, Polyglycolic Acid Sutures, Catgut Sutures, Monocryl Sutures, Other Absorbable Sutures
2) By Non-Absorbable Sutures: Silk Sutures, Nylon Sutures, Polyester Sutures, Polypropylene Sutures, Other Non-Absorbable Sutures
Which Geographical Regions Are Pioneering Growth in the Cardiac Sutures Market?
North America was the largest region in the cardiac sutures market in 2024. The regions covered in the cardiac sutures market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
How Do Experts Define the Scope of the Cardiac Sutures Market?
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.
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