Number of pages: 100 | Report Format: PDF | Published date: April 17, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023-2031
Report Attribute |
Details |
Market Size Value in 2022 |
US$ 1.37 billion |
Market Size Value in 2031 |
US$ 2.54 billion |
CAGR |
7.1% |
Base Year For Estimation |
2022 |
Forecast Period |
2023 to 2031 |
Historical Year |
2021 |
Segments Covered |
Type, Test Type, Method Type, Technology, End User, and Region |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global cardiac sutures market was valued at US$ 1.37 billion in 2022 and is expected to register a revenue CAGR of 7.1% to reach US$ 2.54 billion by 2031.
Cardiac Sutures Market Fundamentals
Cardiac sutures are used to stitch up holes or incisions produced in the heart or the surrounding tissues. Sutures maintain the tissue’s edges together for efficient healing, offering mechanical support and lowering the possibility of problems like bleeding or infection. Cardiac sutures are available in a variety of sizes and forms to accommodate different surgical requirements. They are made of biocompatible materials that are suitable for use inside the human body. To assure the success of the surgery, they are frequently utilized in conjunction with other medical devices like stents or grafts. Biocompatible materials like polyester, nylon, or polypropylene are used to make cardiac sutures.
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Cardiac Sutures Market Dynamics
The rising incidence of cardiovascular conditions like coronary artery disease, heart failure, and atrial fibrillation is driving the global cardiac sutures market. The demand for cardiac surgeries such as open heart surgery, coronary artery bypass grafting, and valve replacement surgery has increased as a result of the rise in the prevalence of these disorders. The number of cardiac procedures performed worldwide has increased due to the growing burden of cardiovascular diseases. For the treatment of advanced cases of cardiac disease, open-heart surgery is frequently required. As reported by the National Heart, Lung, and Blood Institute, each year, more than 2 million cardiac surgeries are performed globally. This emphasizes sustained cardiac sutures demand.
Several developing countries across the world have implemented healthcare reforms. This has led to an increase in healthcare spending, thus resulting in the availability of better healthcare facilities and an increase in the number of cardiac surgeries being performed. Furthermore, product innovation has led to the developing of more effective cardiac sutures, contributing to the cardiac sutures market revenue growth. As a result, manufacturers are investing heavily in research and development to create better products and gain a competitive edge in the market. The development of more sophisticated and effective cardiac sutures that provide better results than conventional cardiac steel sutures for patients results from technological breakthroughs in the global cardiac sutures market. The use of biodegradable materials enhanced suturing methods, and the creation of robotic suture placement systems are some of these developments. These developments have improved the effectiveness and safety of cardiac sutures, increasing their uptake of cardiac sutures market demand. Another novelty in cardiac sutures is the use of innovative materials, including polyglycolic acid, polylactic acid, and polydioxanone. Compared to conventional sutures, these materials are more robust and long-lasting. As a result, they lessen the possibility of suture failure during operations. Therefore, advancement in technology and materials is the most important global cardiac sutures market opportunity propelling the market revenue growth. The market for cardiac sutures is also being driven by the creation of new suture types like barbed and knotless sutures.
The use of cardiac suture materials has grown as a result of the development of minimally invasive surgery techniques, which allow for the closure of smaller wounds without the use of staples. By using robotic devices that enable surgeons to carry out complex surgeries with increased precision and control, surgeons can improve patient outcomes. The demand for customized sutures compatible with robotic systems has increased because of the use of these devices in heart surgery.
However, the potential for crosshatching, the chance of dehiscence if the suture material ruptures, the difficulty of making small changes along the suture line, and puckering of the suture line are all drawbacks of cardiac sutures. Due to the requirement for specialized training and tools, the use of cardiac sutures may further increase operating room time and cost. As a result, in some circumstances, alternate techniques, including using tissue adhesives or staplers, may be considered.
Cardiac Sutures Market Ecosystem
This report provides the global cardiac sutures market analysis in terms of revenue, market dynamics, regional landscape, and overall competitive positioning of the major market players. The global cardiac sutures market is analyzed from the following perspectives: type, test type, method type, technology, end-user, and region.
Cardiac Sutures Market by Product
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Based on the products, the global cardiac sutures market is segmented into non-absorbable sutures and absorbable sutures.
The absorbable sutures segment accounted for the largest revenue share of the global cardiac sutures market in 2022. Absorbable cardiovascular sutures are the most commonly used sutures for heart surgery. Materials that the body can naturally degrade and absorb over time are used to make absorbable sutures, therefore eliminating the need for further removal. This lowers the danger of infections brought on by suture removal. Absorbable sutures can promote faster healing, as they do not leave any foreign material in the body. This can cut down on complications and shorten the hospital stay for patients. Absorbable sutures can be utilized in a variety of cardiac treatments, including closing incisions following minimally invasive procedures and stitching the sternum after open-heart surgery. They are a preferred option in many cardiac operations due to their adaptability. These factors support the high demand for absorbable cardiac sutures.
Non-absorbable sutures could be required in some circumstances where the wound needs extra support or will take longer to heal. Healthcare providers carefully assess the type of suture material utilized based on each patient’s unique demands and circumstances. During the forecast period, sustained demand for non-absorbable cardiac sutures is due to non-absorbable sutures being the least thrombogenic of all sutures. Therefore, they are ideal in cardiovascular surgery as they maintain tensile strength after implantation and have little tissue reactivity. This suture is excellent for use in long-term applications like tendon repair since it is very resistant to enzyme degradation and can stay in the body for a long time. Its smooth surface also lessens tissue inflammation and irritation, making it appropriate for use in delicate operations and contributing to steady demand among surgeons.
Cardiac Sutures Market by Material
Based on the materials, the global cardiac sutures market is segmented into natural blood and synthetic. The natural materials segment is further sub-segmented into silk and collagen. The synthetic segment is sub-segmented into polypropylene, polyester, nylon, stainless steel, and others.
The synthetic materials segment dominates the global cardiac sutures market. Compared to natural sutures, they are typically more predictable, especially regarding absorption and tensile strength loss. Additionally, synthetic sutures can be kept in the body for extended periods without injury and are less likely to result in an allergic reaction or tissue irritation. However, they may cost more than natural sutures and require unique handling and disposal techniques. Polypropylene sutures are the most common sutures used for cardiac surgery.
On the other hand, the natural cardiac sutures market demand is anticipated to remain slow during the forecast period. Natural cardiac sutures are used less frequently because they often cause a stronger tissue reaction. However, surgical drains are still frequently secured with suturing silk. They are excellent for securing drains that may be in place for a long time because they are noted for their strength and longevity.
Cardiac Sutures Market by Type
Based on the types, the global cardiac sutures market is segmented into monofilament and multifilament.
The monofilament segment accounted for the largest revenue share of the global cardiac sutures market in 2022. Monofilament sutures have a single filament instead of braids like multifilament sutures and may readily pass through tissues since they have little friction due to their smooth texture, generate less tissue stress, and elicit few reactions. Additionally, there are no gaps where bacteria may grow because these are not braided. Hence there is very little chance of microbial colonization. Polypropylene, PDO, stainless steel wire, and natural silk materials are included in monofilament sutures.
Cardiac Sutures Market by End User
Based on the end users, the global cardiac sutures market is segmented into hospitals, ambulatory surgical centers, and clinics.
The hospital’s segment accounted for the largest revenue share of the global cardiac sutures market in 2022. Hospitals are the ideal location for various cardiovascular surgeries. The reason for the trend is that hospitals have specialized technology and highly skilled medical staff who can offer thorough care prior to, during, and following the procedure. Hospitals also have access to cutting-edge equipment and resources that can enhance treatment outcomes and lower the chance of complications. Additionally, the availability of qualified surgeons and experienced medical personnel for cardiovascular procedures as they are used to mend and close incisions caused during cardiovascular surgery, hospitals are the most prominent setting where the usage of cardiac sutures is most crucial.
Cardiac Sutures Market by Region
Based on the region, the global cardiac sutures market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America accounted for the largest revenue share of the global cardiac sutures market in 2022. Due to the high prevalence of cardiovascular illnesses and the lucrative presence of important companies in the region, North America is predicted to dominate the global market for cardiac sutures during the forecast period. Due to the increase in the prevalence of heart-related disorders in the area, there is a strong need for cardiac procedures. The top cause of death in the United States, according to the Centers for Disease Control and Prevention (CDC), is heart disease. North America’s cardiac sutures market revenue is driven by a large number of hospitals and clinics with advanced cardiac surgical facilities, qualified healthcare personnel, and high procedure rates. The market in this region is growing due to the strong availability of a wider range of cardiac suture products. The regulatory landscape is favorable in North America, which supports the cardiac sutures market trends. The FDA’s stringent rules guarantee medical device safety and effectiveness, and the regulatory framework offers a quick clearance process for new items, which helps to strengthen the cardiac sutures market revenue.
Asia Pacific is anticipated to account for the fastest revenue CAGR during the forecast period from 2023 to 2031. Cardiovascular disease prevalence has been increasing in the area due to sedentary lifestyles, poor diets, and a rapidly aging population. The creation of novel suturing methods and materials has also helped the market revenue to grow in the area. Due to the increased emphasis on innovation and R&D by major companies in the medical device sector, the cardiac sutures market size in Europe is expected to grow during the forecast period.
Competitive Landscape of the Cardiac Sutures Market
Companies across the region are investing in their expansion and growth, which is also expected to improve the cardiac sutures market. Notable market participants operating the global cardiac sutures market include,
Cardiac Sutures Market Strategic Developments
Cardiac sutures are surgical tools used in cardiac surgeries to close wounds or incisions made in the heart or tissues nearby.
Asia Pacific is the key growth region in the global cardiac sutures market, with a large revenue share.
High cost and lack of knowledge about the diagnosis is the major restraining factor for the global cardiac sutures market.
Key companies operating the global cardiac sutures market are Medtronic PLC, Teleflex Inc., Johnson and Johnson Services Inc., and B. Braun SE.
The global cardiac sutures market is expected to grow at a revenue CAGR of 7.1% during the forecast period from 2023 to 2031.
*Insights on financial performance are subject to the availability of information in the public domain