Dental Suture Market Is Estimated To Witness High Growth Owing To Increasing Number of Dental Surgeries & Technological Advancements

Industrial
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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 medical devices used for closing surgical incisions or wounds of the oral cavity. They are used for surgical procedures such as dental implants, tooth extractions, gum lifts, biopsies, and dental restorations. Absorbable and non-absorbable sutures are commonly used for dental surgeries depending on the complexity and location of wound.

Market Dynamics:
The dental suture market is primarily driven by the increasing number of dental surgeries owing to rising prevalence of dental disorders. For instance, according to the American Association of Oral and Maxillofacial Surgeons, approximately 80 million dental extractions are performed every year in the United States. Technological advancements in dental suturing devices and materials are also expected to contribute to the market growth over the forecast period. For example, introduction of antimicrobial sutures to reduce infection risk post-surgery. Additionally, rising geriatric population suffering from dental problems further aggravates market expansion. However, availability of alternative wound closure solutions such as dental adhesives and staples may hamper the market growth.

SWOT Analysis

Strength: The dental suture market has a wide product portfolio. Dental sutures come in various configurations like absorbable and non-absorbable which satisfies different needs. Manufacturers provide sutures made of different materials like polyglycolic acid, polyglactin 910, silk, stainless steel wire etc. The growing demand for advanced dental surgical procedures drives innovation.

Weakness: Sutures made from natural materials like silk carry risks of hypersensitivity reactions in some patients. Absorbable sutures have limitations regarding absorption timelines suiting all surgical needs. Clinical studies on new suture materials increase development costs for manufacturers.

Opportunity: Growth avenues exist in emerging markets due to increasing healthcare investments and dental surgical volumes. Novel suture configurations and coatings can enhance healing and reduce morbidity. Rise of tele-dentistry widens access in underserved regions.

Threats: Stringent regulations towards new product approval delays market entry. Medical devices face price controls and tariffs affecting profit pools. The COVID-19 pandemic disrupted productions and deferred non-essential dental procedures temporarily.

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 number of dental restorative and cosmetic procedures. The market size is projected to reach US$ 307.97 Mn by 2030 from US$ 176.22 Mn in 2022.

Regional analysis: North America dominates currently due to technological advancements and concentration of key players. Asia Pacific is fastest growing region due rising medical tourism, expanding middle class and greater access to healthcare in China and India. China becomes second largest market owing to government support to develop dental sector.

Key players analysis: 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 innovation and expanding presence across Asia Pacific region.

 

Read More: https://www.dailyprbulletin.com/dental-suture-market-trends-growth-and-regional-outlook-2/