The global dental suture market involves medical devices and surgical items used for closing wounds, cuts, and incisions in the oral cavity or facial region after dental surgeries and procedures. Sutures are thin medical filaments that surgeons and dentists use to stitch together tissues and close surgical incisions or wounds. Some common suture materials used in dentistry include absorbable and non-absorbable sutures made of substances such as polyglycolic acid, nylon, silk, polydioxanone, and stainless steel. Dental sutures help expedite the post-surgery healing process by holding tissues together firmly. They enable precise wound approximation or tissue opposition and wound eversion.
The Global Dental Suture Market is estimated to be valued at US$ 217.42 Bn in 2024 and is expected to exhibit a CAGR of 6.9% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the dental suture market are Cargill, Archer Daniels Midland Company (ADM), Bunge Limited, Ingredion Incorporated, Associated British Foods (ABF), Tate & Lyle, Agrana Beteiligungs AG, The Scoular Company, Grain Processing Corporation (GPC), Didion Milling. Key players are focused on developing advanced suturing materials that dissolve faster.
The Global Dental Suture Market is primarily driven by the growing awareness of dental care and an increasing number of dental procedures worldwide. With the rising prevalence of dental diseases such as dental caries, periodontitis, and dental trauma caused by injuries, the demand for dental sutures is increasing significantly.
The market is also witnessing strong growth in the Asia Pacific region due to growing unmet medical needs. Countries such as China and India are prominent markets due to their large patient pools and increasing healthcare expenditures on dental healthcare. Major market players are expanding their presence in Asian countries through partnerships and mergers to tap the high-growth opportunities.
Market drivers
One of the key drivers for the dental suture market is the rising global geriatric population. Older adults are major consumers of dental care services as aging increases the risk of various dental problems and oral diseases. It is estimated that nearly 23.5% of the global population will be aged 65 years and older by 2050. This growing senior population base expands the target demography for dental sutures.
The current geopolitical situation is impacting the growth of the dental suture market in several ways. Political instability and economic uncertainties in many parts of the world are negatively affecting healthcare expenditures. With many countries focusing their resources on more pressing issues like national security, public health budgets are facing cuts. This is limiting the ability of dental practitioners to invest in new surgical products and technologies. However, some developed markets have been relatively sheltered from these macro headwinds so far thanks to their stable political systems and robust economies. Going forward, companies in the dental suture sector will need to expand their presence in emerging markets through strategic partnerships with local players. This will help gain a foothold in fast growing regions and mitigate risks from political disruptions in key markets. Diversifying manufacturing and supply chains across multiple geographies will make operations more resilient to geopolitical tensions as well. Additionally, developing affordable and easy to use product lines can help address the needs of price sensitive markets that are most vulnerable to economic downturns.
In terms of geographical concentration, North America currently commands the largest share of the global dental suture market value-wise, driven by a large base of dental procedures and favorable reimbursement scenario. Within the region, the US is the dominant market due to high per capita healthcare spending and rapidly growing cosmetic dentistry segment. Europe is the second largest region accounting for a major chunk of the worldwide sales, led by countries like Germany, France and the UK with their well-established dental industries. Meanwhile, Asia Pacific region is poised to be the fastest growing market during the forecast period, expanding at a CAGR of over 8%. Factors such as rising dental tourism, growingmiddle class population and increasing investments by both public and private sectors are propelling the market growth across major Asian countries like China, India and South Korea.
Get more insights on Dental Suture Market