Cardiac Sutures Market Outlook 2023-2032: Growth Potential, Drivers And Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
According to The Business Research Company’s Cardiac Sutures Global Market Report 2023, the global cardiac sutures market size is expected to grow from $1.27 billion in 2022 to $1.39 billion in 2023 at a compound annual growth rate (CAGR) of 9.9%. The global cardiac suture market size is expected to reach $1.94 billion in 2027 at a CAGR of 8.7%.
North America held the largest cardiac sutures market share, and Asia-Pacific was the fastest-growing region in 2022.
Cardiac Sutures Market Driver
The rising prevalence of cardiovascular diseases is expected to propel the growth of the cardiac suture market going forward. 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, in January 2023, according to a report published by the American Heart Association, a US-based organization that funds heart disease medical research, cardiovascular disease (CVD) remains the most common cause of death in the US, accounting for 928,741 deaths in 2020. Therefore, the rising prevalence of cardiovascular diseases will drive the cardiac sutures market.
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Key Cardiac Sutures Market Segments
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
Cardiac Sutures Market Prominent Players
Major players in the cardiac sutures market are Abbott Laboratories, Medtronic Plc., Johnson And 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, and Ethicon Inc.
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Prominent Cardiac Sutures Market Trend
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, in January 2023, according to a report published by the American Heart Association, a US-based organization that funds heart disease medical research, cardiovascular disease (CVD) remains the most common cause of death in the US, accounting for 928,741 deaths in 2020. Therefore, the rising prevalence of cardiovascular diseases will drive the cardiac sutures market.
The Cardiac Sutures Global Market Report 2023 provides comprehensive insights on the cardiac sutures market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the cardiac sutures market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
View More Related Reports –
Cardiovascular Devices Global Market Report 2023
Cardiac Rhythm Management (CRM) Devices And Equipment Global Market Report 2023
Cardiovascular Medical Lasers Global Market Report 2023
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