Suture Tapes Market

Suture Tapes Market: Global Industry Analysis 2014 - 2018 and Opportunity Assessment 2019 - 2029

  • Ongoing
  • September 2020
  • REP-GB-10248
  • Format: PDF/PPT/Excel
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This Suture Tapes market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Suture Tapes market.

Suture Tapes Market

This Suture Tapes market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Suture Tapes market.

The suture tapes are a form of surgical adhesive tapes, now a days, frequently used for post-surgeries or post-operative wound treatment. Suture tapes provide a simple means for skin closure following a cut, gash or surgical incision. Suture Tapes closure have greater advantages over other conventional methods like lower wound infection rates and greater wound tensile strength. Unlike traditional wound closure techniques, for instance, stitching where the technique have been taught to and refined by the skill of the surgeon these suture tapes are simple enough to be applied by the basic individuals. Suture tapes comes in various sizes and inter-locking methods based on the area of application, but the basic ideas remains the same that is to hold the skin edges back together until the gash heals completely.

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Suture Tapes Market: Drivers and Restraints

Traditional suture closing techniques are often invasive and it is accompanied with pain even during post-surgical days. Moreover, many a times there are chances of catching infection and irregularity in edge to edge connection. This has increased the demand for suture tapes multiple folds as suture tapes are non-invasive, cost-effective, less time taking and easy to use method for skin healing and wound healing where there is no need for invasive suture methods. These factors are expected to boost the growth market for suture tapes.

Additionally, young children gives a drive to the usage of suture tapes as they cannot hold still if a needle is pointed at them. The cost of manufacturing of suture tapes is very less. Also, owing to its ease of usability and good end-result in skin closing and healing the suture tapes have become popular among small clinics as well as big surgical centers. The demand for suture tapes is increasing rapidly which provides a major opportunity for the manufacturing companies to fill the supply-demand gap. However, the suture tapes needs to be treated gently and with care. Any high tension work or stress over the treated area could possibly damage the suture tapes resulting in loose contact with the skin. Moreover, the usage of suture tapes are not feasible in suturing deep incisions that would rather require an invasive technique for much stronger repair which may hamper the potential growth of the suture tapes market.

Suture tapes market: Overview

The global market for suture tapes is estimated to experience a significant growth during the forecast period. Suture tapes are generally used when skin needs to be held together, for instance, after medical surgical incisions and this has a tremendous market as millions of surgery are performed in a given year. With a focus on providing the best care to the patients and an increasing demand in non-invasive skin closure methods there are advancements in suture tapes material and application system too. The increase in the necessity of paediatric wound closure, wound and laceration repair, caesarean section and other critical as well as cosmetic surgeries creates a more lucrative opportunity for manufactures present in suture tapes market.

Suture tapes Market: Region-wise Outlook

Geographically, the suture tapes market is segmented into seven regions viz. North America, Latin America, East Asia, South Asia, Europe, Middle East, Oceania and Africa. Each country is equally important to drive the market for suture tapes, advanced or emerging healthcare settings help in restoring the market and increase the reach to a wider section of patients. Owing to the prominent technological advancements and innovations, North America and Europe’s market is expected to fuel the major growth of the suture tapes market. Also, increasing patient knowledge for cost-effective treatment offered by the leading manufacturers of wound closing tapes, might also push market growth for suture tapes in the region.

Suture tapes market: Key market participants

Some of the participants in the global suture tapes market identified across the value chain include 3M, Caremax Healthcare, Medline Industries, Inc, CONMED Corporation and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

The report covers exhaust analysis on:         

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Indication
  • Value Chain

Regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Suture Tapes Market: Segmentation

Based on material type, the suture tapes market is segmented as:

  • Paper-based Suture Tapes
  • Synthetic based Suture Tapes

Based on end-user, the suture tapes market is segmented as:

  • Hospital
  • Cosmetic Surgery centers
  • Ambulatory Surgical centers
  • Clinics
  • Birth centers

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current, and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
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  • The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
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  • Extensive database and key dynamics elevating the market with varied verticals associated
  • Underlying Suture Tapes Market forces that are compelling consumers or businesses to purchase the product
  • How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Suture Tapes Market
  • What will be environment and regulatory impacts on the market over the next decade
  • Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
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