The Dental Suture Market is estimated to be valued at US$ 176.22 Mn in 2022 and is expected to exhibit a CAGR of 7.1% over the forecast period 2022 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:
Dental sutures are used for securing soft tissue after surgery. They assist in wound healing after dental procedures such as extractions, incisions of the gums, surgery to remove cysts, bone grafts and biopsies. Dental sutures help in maintaining closure of surgical incisions and wounds by pulling edges of open soft tissues and wounds together. They also facilitate wound healing by regulating wound drainage and keeping wound edges in close apposition. There are various types of dental sutures available such as absorbable and non-absorbable sutures

Market key trends:
The key factor driving the dental suture market is the increased number of dental surgeries globally. According to the American Dental Association, approximately 33 million people undergo gum treatment each year in the United States. The global rise in prevalence of dental diseases such as gingivitis, periodontitis and dental caries has increased demand for various dental procedures which involves use of sutures for healing and tissue regeneration. Technological advancements in dental sutures resulting in introduction of improved sutures with better tissue absorption properties is also boosting demand.

Porter's Analysis

Threat of new entrants: Low capital requirement for manufacturing dental sutures poses a moderate threat of new entrants. However, established brands and regulations pose entry barriers.

Bargaining power of buyers: Buyers have moderate bargaining power due to availability of substitutes and established brands. However, specialized skills required limits alternatives.

Bargaining power of suppliers: A few major manufacturers control supply, giving them significant bargaining power over buyers.

Threat of new substitutes: New adhesive bonding agents and stapling techniques pose a threat, though suturing is preferred due to effectiveness and cost.

Competitive rivalry: The market is dominated by global players, intensifying competition. Market penetration depends on continuous innovations, cost optimization and brand strength.

SWOT Analysis

Strengths: Effectiveness in wound closure and healing. Rising dental injuries and surgeries drive demand.

Weaknesses: Skills required and training costs. Untoward reactions to absorbable sutures in some patients.

Opportunities: Growth in medical tourism and focus on oral health. New product variations catering to different specialties.

Threats: Threat from new wound closure techniques. Stringent regulations delay product approvals.

Key Takeaways

The global Dental Suture Market Size is expected to witness high growth, exhibiting CAGR of 7.1% over the forecast period, due to increasing incidence of dental disorders and demand for advanced treatments.

North America currently dominates the market, owing to developed healthcare infrastructure, favorable reimbursement policies, and technological advancements. Asia Pacific is expected to grow at the fastest pace due to rising medical tourism, increasing healthcare spending and growing patient awareness.

Key players operating in the dental suture market are B. Braun Melsungen AG, OSTEOGENICS BIOMEDICAL, INC., Medtronic Plc., Sutumed Corp., Katsan Medical Devices, Corza Medical, DemeTECH Corporation, Hu-Friedy Mfg. Co., LLC., Lux Suturess, Assut Europe, BioHorizons, Advanced Medical Solutions Group plc, Riverpoint Medical, Dolphin Suturess, Healthium Medtech Limited, Implacore SP. Z o. o., and Orion Suturess India Pvt. Ltd. Major players are focusing on product innovations and expansion in emerging regions.

Read More: https://www.rapidwebwire.com/dental-suture-market-demand-growth-and-regional-outlook/