Home > Healthcare > Medical Devices > Medical Supplies > Ophthalmic Sutures Market

Ophthalmic Sutures Market Size

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

Download Free Sample

Ophthalmic Sutures Market Size

The global ophthalmic sutures market was valued at around USD 906.3 million in 2023 and is expected to reach around USD 1.6 billion by 2032 at a CAGR of 6.2% during the forecast period. The growing prevalence of eye diseases, driven by an aging population and increasing incidence of conditions such as cataracts, glaucoma, and diabetic retinopathy, is significantly boosting the demand for ophthalmic surgeries, which will in turn accelerate the growth of the market during the forecast period.

To get key market trends

Download Free Sample

Cataracts, one of the most prevalent eye conditions, frequently require surgical removal, which involves the use of ophthalmic sutures. Additionally, the rising incidence of diabetes is leading to an increase in diabetic retinopathy cases, a complication that often necessitates surgical treatment. According to the International Diabetes Federation (IDF), around 537 million adults aged 20-79 were living with diabetes in 2021. The growing need for surgical interventions to treat diabetic retinopathy is a key factor driving the demand for ophthalmic sutures, contributing to the market's growth.

Ophthalmic Sutures Market Report Attributes
Report Attribute	Details
Base Year:	2023
Ophthalmic Sutures Market Size in 2023:	USD 906.3 Million
Forecast Period:	2024 to 2032
Forecast Period 2024 to 2032 CAGR:	6.2%
2032 Value Projection:	USD 1.6 Billion
Historical Data for:	2021 - 2023
No. of Pages:	130
Tables, Charts & Figures:	219
Segments covered:	Type, Material, Coating, Material Structure, Absorption, Application, End Use, and Region
Growth Drivers:	Growing prevalence of eye diseases Technological advancements Rising prevalence of diabetes leading to ophthalmic disorders Favourable government initiatives Surging demand and preference for minimally invasive surgeries
Pitfalls & Challenges:	Postoperative complications associated with ophthalmic procedures Lack of skilled ophthalmologist

Learn more about the key segments shaping this market

Download Free Sample

Ophthalmic sutures are specialized surgical threads used in eye surgeries to close wounds, incisions, or tissues around the eye. They are crafted to be delicate, precise, and biocompatible, ensuring minimal tissue trauma while promoting optimal healing. These sutures are designed specifically for the sensitive and intricate nature of ophthalmic procedures, ensuring precision and safety.

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.