Surgical Sutures Market Future Prospects
The global surgical sutures market is valued at USD 4.9 billion in 2024, and it is expected to reach USD 8.3 billion by 2032, growing at a CAGR of 6.9% between 2025 and 2032. The growth can be primarily attributed to the rising number of surgical procedures and the increasing prevalence of chronic diseases around the world.
Moreover, the growing aging population, the increasing number of hospitals, and the rising healthcare expenditure are some of the other key factors driving the growth of the market in the coming years. The market is also expanding as a result of the attractive reimbursement status for a variety of surgical procedures and the introduction of improved suture methods.
A substantial chance for a big number of individuals undergoing surgical operations is also presented by an increase in health insurance coverage, which subsequently covers healthcare attention in the form of surgical treatments. To ensure that their citizens have access to essential healthcare services, several governments in emerging economies are working to expand insurance coverage in their nations.