Surgical suture is also known as stitches surgical threads that are used to hold body tissues together after an injury or surgery. It is normally classified into two types absorbable and non-absorbable, absorbable suture are those which break down harmlessly in the body over time without intervention, whereas non-absorbable are those which removed manually if they are not left indefinitely. It also avoids infection of an open wound. Rising incidences of accidents, growing expenditure on health and development of advanced sutures such as film coated sutures in this region leads the market of surgical suture.
The market for Middle East and Africa surgical sutures 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%.
Surgical Sutures Market Segmentation:
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.
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Surgical Sutures Market Key Players
Some of the key players in this market are Ethicon Inc., B. Braun Melsungen AG, Dolphin Sutures, Synthecon, DemeTECH Corporation, Medtronic plc., Internacional Farmaceutica, Sutures India Pvt. Ltd. and others.
Middle East and Africa Surgical Sutures Market Regional Analysis
According to the World Health Organization (WHO), around 4.25% of children with burns have a temporary disability and 4.5% have a permanent disability. Burns is one of the leading causes of disability in low- and middle-income countries and most of the countries from this region falls under the low-income group. UAE is the largest market for surgical sutures in the entire Middle East and Africa surgical sutures market closely followed by Egypt. The rest of Africa’s market, especially Sub Saharan regions is, however the fastest growing market with a huge unmet medical need. World organization is more focused in order to provide funds to the countries of this region in order to improve the quality of life.
Moreover, the government of these countries are looking support from developed and developing nation in order to get effective and advanced treatment at lower cost. Companies are also looking forward to this market owing to the huge gap between demand and supply of the patients. Thus the Middle East and Africa offer immense potential and opportunities for the surgical sutures market. Apart from the unmet needs for treatment, second most important market driving factor are the policies of national governments and international bodies such as World health organization (WHO). For example, development and use of a global burn registry for globally harmonized data collection on burns and increased collaboration between global and national networks to increase the number of effective programs for burn prevention.
Table Of Content
1.2 Scope Of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure:
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.5 Macroeconomic Indicators
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