Surgical sutures are used for enclosing body incisions to prevent infections thus healing the wound quickly; these are referred as stiches in lay man terms. Middle East and Africa surgical sutures market has been growing at a moderate rate due to factors such as rising incidences of accidents which leads to greater use of sutures, growing popularity of cosmetic surgeries and development of advanced sutures such as film coated sutures. The market’s constraints includes increasing preference for minimally invasive surgical procedures and the presence of alternative wound care products; these are key factors which are expected to restrain the growth of this market.
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The current market highlights include the dominance of absorbable sutures over the non-absorbable. The absorbable segment accounts for the largest market share and is also a fast growing segment as compared to non- absorbable. The demand of synthetic sutures is growing faster as compared to natural sutures. The development of absorbable sutures based on synthetic materials such as polyglycolic acid, polylactic acid, polydioxanone, polyester etc. is driving the growth of the artificial segment. Future growth will be led by product development such as film coated sutures. Another attractive product development strategy includes development of single filament sutures as these have lower rates of infection. The market is mostly fragmented with a large number of players; at the same time there is ample opportunity for easy entrance of new players. Thus market and product development both represent attractive strategies that can be used for market leadership.
Middle East and Africa Surgical Sutures market:
The Middle East and Africa surgical sutures market has been evaluated as a growing market and it is expected that the market will grow at a moderate CAGR of 5 % in future. The growth will be primarily channeled by unmet medical needs, rising incomes of population along with growth for the need of surgeries in Africa. However, the growth of this market is hindered by some of the factors like presence of low quality surgical sutures due to poor regulatory framework in Africa.
The key players of this market are Ethicon Inc., B. Braun Melsungen AG, Dolphin Sutures, Synthecon, DemeTECH Corporation, and Medtronic plc. Internacional Farmaceutica, Sutures India Pvt. Ltd., and others.
Regional Analysis:
Depending on geographic region, surgical sutures market is further segmented into following countries such as UAE, Egypt, Saudi Arabia, Kuwait, Qatar and Oman. UAE being one of the largest market in MEA is followed by Egypt country of the same region. However, the future market will be led by poorly developed parts of Africa due to large unmet needs and the growth of surgeries over there.
Segmentation:
Middle East and Africa surgical sutures market has been segmented on the basis of product type which comprises absorbable and non-absorbable types. On the basis of raw materials used; the market is segmented into natural and synthetic. On the basis of construction; market is segmented into monofilament and multi-filament.
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