Market by Product Type, Type, Application, and Country Outlook | Forecast 2022-2028
As per Triton’s report, the Latin American surgical sutures market is estimated to grow at a CAGR of 5.14% over the forecasting years between 2022 and 2028.
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The
countries analyzed in this region include:
•
Brazil
•
Mexico
•
Rest of Latin America
Latin America is becoming a popular destination
for medical tourism, with several patients flying down to the region for
treatment for a broad range of conditions. Moreover, the number of hospitals has
also increased in nations like Mexico. These factors are contributing to the demand
for surgical sutures. Furthermore, minimally invasive, laparoscopic, and
orthopedic procedures are also increasing in the region, thereby pushing the
demand for surgical sutures further.
According to data from the
International Society of Plastic Surgery (ISAPS), Brazil is the global leader for
plastic surgery treatments, and accounts for 13% of the overall market. Also,
according to a survey by the ISAPS in 2018, nearly 2,268,000 cosmetic surgeries
were performed in the nation. In addition, a number of foreign tourists are
seeking treatment in Brazil owing to affordable costs and high quality of care.
Because of the increasing number of international tourists, the cosmetic
surgery sector here is witnessing significant growth. These factors are propelling
the demand for surgical sutures, thereby fostering the market growth.
The number of hospitals
in Mexico has been growing since the past couple of years. In addition, medical
tourism is also on the rise, as a number of patients can avail quality
treatments at lower costs than in developed nations. In 2018, close to 1.4
million Americans visited Mexico to undergo medical procedures like bariatric
surgery. Besides, Mexico has adopted surgical robots for more precise and
minimally invasive surgeries. The growing number of hospitals and surgeries are
driving the need for surgical sutures. This, in turn, is driving the progress
of the studied market.
Monofilament sutures are made from polyester, silk, polyamide 6, or polypropylene, and show lower mechanical resistance compared to cross-braided sutures made from the same raw materials. The material used to make monofilament sutures is composed of a single strand. Monocryl sutures, polydioxanone sutures, prolene suture, and nylon suture are examples of monofilament sutures. Unisur Lifecare Pvt Ltd is one of the leading names offering monofilament sutures. The studied report assesses the market’s growth according to type, product type, and application. Here, the type segment comprises monofilament sutures and multifilament sutures.
Internacional
Farmaceutica SA de CV is a Mexico-based privately held company that specializes
in sutures. It offers a premium range of surgical materials and needles for the
most demanding specialties. The company’s Atramat® Surgical Sutures product
portfolio offers quality, innovation, and technology. Some of the products in
this range include PDX Atramat, Atramat Chromic Catgut Surgical Suture,
Atramat® Silk, and Atramat® PGC25 Plus Antibacterial Suture. Internacional
Farmaceutica has plants in two countries, Mexico and Turkey, and representative
offices in Mexico, Brazil, Turkey, Switzerland, England, and the United States.
The company sells its products in more than 70 countries around the globe. It
was founded in 1969, and is headquartered in Cuauhtemoc, Mexico City.
Key deliverables of the report:
·
Market
CAGR during the forecasting years 2022-2028
·
Detailed
data highlighting key insights, industry components, and market strategies
· Comprehensive
information and estimation of the surgical sutures market revenue growth in
Latin America and its influence on the parent market
·
In-depth
study of forthcoming trends in consumer behavioral patterns
·
A
meticulous analysis of the competitive landscape, vendor scorecard, and
Porter’s Five Forces
·
A
wide-ranging study of factors that will challenge the LA surgical sutures
market’s growth during the upcoming years
Want
to get specific insights? Our team of analysts can customize this report based
on your preferences. Connect with us here.
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VIEW REPORT1. LATIN
AMERICA SURGICAL SUTURES MARKET – SUMMARY
2. INDUSTRY
OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE SURGICAL SUTURES INDUSTRY
2.2. KEY
INSIGHTS
2.2.1. DEVELOPMENT OF HUMAN
TENDON-BASED SURGICAL SUTURES
2.2.2. UTILIZING
BARBED SUTURES FOR LAPAROSCOPIC AND MINIMALLY INVASIVE SURGERIES
2.3. PORTER’S
FIVE FORCES ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTES
2.3.3. BARGAINING
POWER OF BUYERS
2.3.4. BARGAINING
POWER OF SUPPLIERS
2.3.5. THREAT
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. KEY
MARKET STRATEGIES
2.6.1. DIVESTITURES
2.7. MARKET
DRIVERS
2.7.1. DEMAND FOR MINIMALLY INVASIVE SURGERIES ON THE RISE
2.7.2. INCREASED
AVAILABILITY OF SURGICAL SUTURES
2.7.3. GROWING
NUMBER OF SURGERIES PERFORMED
2.8. MARKET
CHALLENGE
2.8.1. AVAILABILITY
OF ALTERNATE WOUND CARE TREATMENTS
2.9. MARKET
OPPORTUNITIES
2.9.1. USE OF NANOFIBER
YARN-BASED SUTURES
2.9.2. DEVELOPMENT OF SMART SUTURES
2.9.3. PREFERENCE
FOR STITCHLESS SUTURES OVER CONVENTIONAL SUTURES
3. LATIN
AMERICA SURGICAL SUTURES MARKET OUTLOOK – BY PRODUCT TYPE
3.1. SUTURES
3.1.1. ABSORBABLE
SUTURES
3.1.1.1. SYNTHETIC
SUTURES
3.1.1.1.1. VICRYL
SUTURES
3.1.1.1.2. MONOCRYL
SUTURES
3.1.1.1.3. POLYDIOXANONE
SUTURES
3.1.1.1.4. POLYGLYCOLIC
SUTURES
3.1.1.1.5. OTHER
SYNTHETIC SUTURES
3.1.1.2. NATURAL
SUTURES
3.1.2. NON-ABSORBABLE
SUTURES
3.1.2.1. STAINLESS
STEEL SUTURES
3.1.2.2. NYLON
SUTURES
3.1.2.3. PROLENE
SUTURES
3.1.2.4. OTHER
NON-ABSORBABLE SUTURES
3.2. AUTOMATED
SUTURING DEVICE
4. LATIN
AMERICA SURGICAL SUTURES MARKET OUTLOOK – BY TYPE
4.1. MONOFILAMENT
4.2. MULTIFILAMENT
5. LATIN
AMERICA SURGICAL SUTURES MARKET OUTLOOK – BY APPLICATION
5.1. CARDIOVASCULAR
SURGERY
5.2. GENERAL
SURGERY
5.3. GYNECOLOGY
SURGERY
5.4. ORTHOPEDIC
SURGERY
5.5. OPHTHALMIC
SURGERY
5.6. OTHER
APPLICATIONS
6. LATIN
AMERICA SURGICAL SUTURES MARKET – COUNTRY OUTLOOK
6.1. BRAZIL
6.2. MEXICO
6.3. REST
OF LATIN AMERICA
7. COMPETITIVE
LANDSCAPE
7.1. ADVANCED
MEDICAL SOLUTIONS GROUP PLC (AMS GROUP)
7.2. B
BRAUN MELSUNGEN AG
7.3. BOSTON
SCIENTIFIC CORPORATION
7.4. CONMED
CORPORATION
7.5. CORZA
MEDICAL
7.6. DEMETECH
CORPORATION
7.7. ETHICON
INC (JOHNSON & JOHNSON)
7.8. INTERNACIONAL
FARMACEUTICA SA DE CV
7.9. LOTUS
SURGICALS
7.10. MEDTRONIC
PLC
7.11. SMITH
& NEPHEW PLC
7.12. STRYKER
CORPORATION
7.13. TELEFLEX
INCORPORATED
7.14. UNISUR
LIFECARE PVT LTD
7.15. ZIMMER
BIOMET HOLDINGS INC
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.2. SOURCES
OF DATA
8.3. RESEARCH
METHODOLOGY
TABLE 1: LATIN AMERICA
SURGICAL SUTURES MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: MOST COMMON MINIMALLY
INVASIVE SURGERIES PERFORMED IN THE WORLD
TABLE 4: NUMBER OF WORLDWIDE
SURGICAL PROCEDURES PERFORMED BY PLASTIC SURGEONS
TABLE 5: LATIN AMERICA
SURGICAL SUTURES MARKET, BY PRODUCT TYPE, 2022-2028 (IN $ MILLION)
TABLE 6: LATIN AMERICA
SURGICAL SUTURES MARKET, BY TYPE OF SUTURES, 2022-2028 (IN $ MILLION)
TABLE 7: LATIN AMERICA
SURGICAL SUTURES MARKET, BY ABSORBABLE SUTURES, 2022-2028 (IN $ MILLION)
TABLE 8: LATIN AMERICA
SURGICAL SUTURES MARKET, BY SYNTHETIC SUTURES, 2022-2028 (IN $ MILLION)
TABLE 9: LATIN AMERICA
SURGICAL SUTURES MARKET, BY NON-ABSORBABLE SUTURES, 2022-2028 (IN $ MILLION)
TABLE 10: LATIN AMERICA
SURGICAL SUTURES MARKET, BY TYPE, 2022-2028 (IN $ MILLION)
TABLE 11: LATIN AMERICA
SURGICAL SUTURES MARKET, BY APPLICATION, 2022-2028 (IN $ MILLION)
TABLE 12: LATIN AMERICA
SURGICAL SUTURES MARKET, BY COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)
FIGURE 1: MARKET
ATTRACTIVENESS INDEX
FIGURE 2: LATIN AMERICA
SURGICAL SUTURES MARKET, BY PRODUCT TYPE, 2021 & 2028 (IN %)
FIGURE 3: LATIN AMERICA
SURGICAL SUTURES MARKET, BY SUTURES, 2022-2028 (IN $ MILLION)
FIGURE 4: LATIN AMERICA
SURGICAL SUTURES MARKET, BY TYPE OF SUTURES, 2021 & 2028 (IN %)
FIGURE 5: LATIN AMERICA
SURGICAL SUTURES MARKET, BY ABSORBABLE SUTURES, 2022-2028 (IN $ MILLION)
FIGURE 6: LATIN AMERICA
SURGICAL SUTURES MARKET, BY ABSORBABLE SUTURES, 2021 & 2028 (IN %)
FIGURE 7: LATIN AMERICA
SURGICAL SUTURES MARKET, BY SYNTHETIC SUTURES, 2022-2028 (IN $ MILLION)
FIGURE 8: LATIN AMERICA SURGICAL
SUTURES MARKET, BY SYNTHETIC SUTURES, 2021 & 2028 (IN %)
FIGURE 9: LATIN AMERICA
SURGICAL SUTURES MARKET, BY VICRYL SUTURES, 2022-2028 (IN $ MILLION)
FIGURE 10: LATIN AMERICA
SURGICAL SUTURES MARKET, BY MONOCRYL SUTURES, 2022-2028 (IN $ MILLION)
FIGURE 11: LATIN AMERICA
SURGICAL SUTURES MARKET, BY POLYDIOXANONE SUTURES, 2022-2028 (IN $ MILLION)
FIGURE 12: LATIN AMERICA
SURGICAL SUTURES MARKET, BY POLYGLYCOLIC SUTURES, 2022-2028 (IN $ MILLION)
FIGURE 13: LATIN AMERICA
SURGICAL SUTURES MARKET, BY OTHER SYNTHETIC SUTURES, 2022-2028 (IN $ MILLION)
FIGURE 14: LATIN AMERICA
SURGICAL SUTURES MARKET, BY NATURAL SUTURES, 2022-2028 (IN $ MILLION)
FIGURE 15: LATIN AMERICA
SURGICAL SUTURES MARKET, BY NON-ABSORBABLE SUTURES, 2022-2028 (IN $ MILLION)
FIGURE 16: LATIN AMERICA
SURGICAL SUTURES MARKET, BY NON-ABSORBABLE SUTURES, 2021 & 2028 (IN %)
FIGURE 17: LATIN AMERICA
SURGICAL SUTURES MARKET, BY STAINLESS STEEL SUTURES, 2022-2028 (IN $ MILLION)
FIGURE 18: LATIN AMERICA
SURGICAL SUTURES MARKET, BY NYLON SUTURES, 2022-2028 (IN $ MILLION)
FIGURE 19: LATIN AMERICA
SURGICAL SUTURES MARKET, BY PROLENE SUTURES, 2022-2028 (IN $ MILLION)
FIGURE 20: LATIN AMERICA
SURGICAL SUTURES MARKET, BY OTHER NON-ABSORBABLE SUTURES, 2022-2028 (IN $
MILLION)
FIGURE 21: LATIN AMERICA
SURGICAL SUTURES MARKET, BY AUTOMATED SUTURING DEVICE, 2022-2028 (IN $ MILLION)
FIGURE 22: LATIN AMERICA
SURGICAL SUTURES MARKET, BY TYPE, 2021 & 2028 (IN %)
FIGURE 23: LATIN AMERICA
SURGICAL SUTURES MARKET, BY MONOFILAMENT, 2022-2028 (IN $ MILLION)
FIGURE 24: LATIN AMERICA
SURGICAL SUTURES MARKET, BY MULTIFILAMENT, 2022-2028 (IN $ MILLION)
FIGURE 25: LATIN AMERICA
SURGICAL SUTURES MARKET, BY APPLICATION, 2021 & 2028 (IN %)
FIGURE 26: LATIN AMERICA
SURGICAL SUTURES MARKET, BY CARDIOVASCULAR SURGERY, 2022-2028 (IN $ MILLION)
FIGURE 27: LATIN AMERICA
SURGICAL SUTURES MARKET, BY GENERAL SURGERY, 2022-2028 (IN $ MILLION)
FIGURE 28: LATIN AMERICA
SURGICAL SUTURES MARKET, BY GYNECOLOGY SURGERY, 2022-2028 (IN $ MILLION)
FIGURE 29: LATIN AMERICA
SURGICAL SUTURES MARKET, BY ORTHOPEDIC SURGERY, 2022-2028 (IN $ MILLION)
FIGURE 30: LATIN AMERICA
SURGICAL SUTURES MARKET, BY OPHTHALMIC SURGERY, 2022-2028 (IN $ MILLION)
FIGURE 31: LATIN AMERICA
SURGICAL SUTURES MARKET, BY OTHER APPLICATIONS, 2022-2028 (IN $ MILLION)
FIGURE 32: LATIN AMERICA
SURGICAL SUTURES MARKET, COUNTRY OUTLOOK, 2021 & 2028 (IN %)
FIGURE 33: BRAZIL SURGICAL
SUTURES MARKET 2022-2028 (IN $ MILLION)
FIGURE 34: MEXICO SURGICAL
SUTURES MARKET 2022-2028 (IN $ MILLION)
FIGURE 35: REST OF LATIN
AMERICA SURGICAL SUTURES MARKET 2022-2028 (IN $ MILLION)