India surgical sutures market set to grow to $380 million in 2030: GlobalData

GlobalData’s report, “India Surgical Sutures Market Share,” reveals that India will account for about 18 per cent of the Asia-Pacific (APAC) surgical sutures market, by revenue, in 2023

Minimal access surgeries (MAS) have gained significant importance in recent times owing to reduced post-operative pain, shorter hospital stays, and quicker recovery of patients. In India where a large population seeks affordable healthcare, the success of MAS heavily relies on efficient suturing techniques that are vital to minimise complications and infections. Consequently, the domestic surgical sutures market will continue to grow at a compound annual growth rate of over 13 per cent to reach $380 million in 2030, forecasts GlobalData,

GlobalData’s report, “India Surgical Sutures Market Share,” reveals that India will account for about 18 per cent of the Asia-Pacific (APAC) surgical sutures market, by revenue, in 2023.

Ayshi Ganguly, Medical Devices Analyst, GlobalData comments, “Traditional suturing techniques in India often involve using metal clips, plasters, and bandages. However, such techniques are known to pose risks due to poor sterilization and cause unwanted reactions in patients. Furthermore, limited number of skilled practitioners and poor access to healthcare in rural areas have been additional drawbacks. This drives the requirement of alternative suturing techniques that can reduce the complications associated with traditional sutures.”

Against this backdrop, surgical sutures have efficiently sealed wounds and incisions by securely holding the tissue together, reducing the risk of infection and minimising scarring, making them an effective tool in MAS. Ethicon Inc, Arthrex Inc, and Covidien Holding Inc are some of the key players in this surgical sutures market.

Healthium Medtech Ltdhas recently introduced its first exclusive range of surgical sutures, TRUMAS, in India. The company claims that the sutures offer anti-reflective coating to reduce eye fatigue for surgeons and the curved and squared body offers better insertion and grip. The flexibility of the suture length is said to allow surgeons to perform critical surgeries with ease.

Ganguly concludes: “Following the steps taken by Healthium, other domestic companies are expected to establish a significant presence in the Indian surgical sutures market, where MAS are burgeoning. In addition, India’s ‘Make-in-India’ policy aims to boost domestic manufacturing of such medical equipment and devices, thereby reducing dependence on imports in the upcoming years. The development of such devices will expand the scope of exports and create a favourable business environment for the healthcare sector. With this, the Indian surgical sutures market is all set to flourish, offering promising domestic and export opportunities for Indian manufacturers.”

GlobalDatamedical equipment and devicesreportsurgerysurgical sutures
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