Market Overview:
The dental suture market involves products that are used for wound closure after dental surgeries and procedures. Some key dental suture products include absorbable sutures and non-absorbable sutures. Absorbable sutures made from materials such as catgut and polyglactin 910 are increasingly being used due to their ability to dissolve and be absorbed by the body after a certain period of time post-surgery. Non-absorbable sutures made from materials such as silk, nylon, and polypropylene offer secure wound closure and knot security but require removal after a few weeks. The rising number of dental repair procedures due to trauma, rising cases of dental caries and periodontal diseases, and increasing cosmetic dentistry trends are fueling demand for dental sutures.
The dental suture market is estimated to be valued at US$ 188.73 Mn in 2023 and is expected to exhibit a CAGR of 7.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics:
The dental suture market is driven by the increasing number of dental procedures globally. As per the World Health Organization (WHO), oral diseases affect nearly 3.5 billion people worldwide with caries of permanent teeth being the most prevalent condition assessed. Moreover, according to the American Dental Association, over 200 million dental procedures are performed each year in the U.S. The growing prevalence of dental disorders coupled with the rising awareness about oral healthcare is expected to increase the number of dental surgeries andthus drive the demand for dental sutures over the forecast period.Additionally, advancements in absorbable suture materials to enhance strength, knot security, and absorption time are also fueling the dental suture market growth.
SWOT Analysis
Strength: The dental suture market benefits from the growing demand for dental procedures. Absorbable sutures help promote healing and avoid secondary procedures for removal. Manufacturer focus on innovation to develop advanced sutures designed for specific dental procedures.
Weakness: High costs associated with dental treatments act as a barrier, especially in price-sensitive developing regions. Lack of awareness regarding advanced dental sutures in certain areas.
Opportunity: Rising geriatric population prone to dental issues creates growth prospects. Expanding dentist network in developing nations opens new opportunities.
Threats: Strong competition from alternative wound closure methods. Stringent regulations for new product approvals.
Key Takeaways
The Global Dental Suture Market Size is expected to witness high growth, exhibiting a CAGR of 7.1% over the forecast period, due to increasing prevalence of dental disorders worldwide. Advancements in dental sutures have expanded the scope of various dental procedures.
Regional analysis: The market in North America currently dominates due to wide acceptance of advanced dental treatment methods. Asia Pacific exhibits fastest growth owing to rising medical tourism coupled with growing dental healthcare spending in countries like India and China.
Key players related content: 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.
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