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Ophthalmic Sutures Market Share

Report ID: GMI3358
Published Date: Oct 2024
Report Format: PDF

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Ophthalmic Sutures Market Share

The ophthalmic sutures industry is fragmented in nature, with various large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel devices with improved efficiency and cost-effectiveness are key market strategies for ophthalmic suture manufacturers, driving competition and innovation in the industry. This emphasis on innovation aims to address evolving clinical needs and enhance patient outcomes, positioning companies to gain market share and meet the growing demand for advanced ophthalmic sutures.

Ophthalmic Sutures Market Companies

Some of the eminent market participants operating in the ophthalmic sutures industry include:

Alcon
Asssut Medical
Aurolab
Accutome
B Braun Melsungen AG
Corzamedical
DemeTECH Corporation
Ethicon (J&J)
FCI Ophthalmics
Geuder
Mani
Medtronic
Teleflex Incorporated
Unilene

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The global market size for ophthalmic sutures was valued at approximately USD 906.3 million in 2023 and is expected to reach around USD 1.6 billion by 2032, driven by a CAGR of 6.2% from 2024 to 2032.

Synthetic sutures accounted for USD 620.5 million in revenue in 2023, due to their superior tensile strength, elasticity, and biocompatibility.

The North America market generated USD 353.5 million in 2023, driven by the aging population and increasing incidence of age-related eye conditions.

Major players in the industry include Alcon, Assut Medical, Aurolab, Accutome, B Braun Melsungen AG, Corzamedical, DemeTECH Corporation, Ethicon (J&J), FCI Ophthalmics, Geuder, Mani, Medtronic, Teleflex Incorporated, and Unilene.