Product Code: ETC102411 | Publication Date: Jun 2021 | Updated Date: Jun 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Bangladesh Surgical Sutures Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 15.19% in 2025, growth builds up to 16.18% by 2029.
Bangladesh's Surgical Sutures market is anticipated to experience a exponential growth rate of 15.16% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Bangladesh Surgical Sutures Market is experiencing steady growth, driven by increasing surgical procedures, advancements in medical technology, and a growing geriatric population. The market is primarily dominated by multinational companies such as Ethicon, Covidien, and B. Braun, but local manufacturers are also gaining traction due to their competitive pricing strategies. Polyglycolic acid (PGA), polyglactin, and polyester sutures are the most commonly used types in the market, with absorbable sutures being preferred over non-absorbable ones. Hospitals and clinics are the major end-users of surgical sutures in Bangladesh, with a rising demand for minimally invasive surgeries further fueling market growth. Overall, the Bangladesh Surgical Sutures Market is poised for continued expansion as the healthcare sector continues to evolve and modernize.
The Bangladesh Surgical Sutures Market is experiencing several key trends, including a growing demand for advanced sutures with enhanced biocompatibility and reduced risk of infection. There is also a shift towards the use of synthetic absorbable sutures due to their predictable absorption rates and lower tissue reactivity compared to traditional natural sutures. Market players are increasingly focusing on developing innovative suture materials such as antimicrobial-coated sutures to address the rising concerns of surgical site infections. Additionally, the market is witnessing a rise in the adoption of minimally invasive surgeries, leading to a higher demand for sutures designed specifically for these procedures. Overall, the Bangladesh Surgical Sutures Market is evolving towards more sophisticated and specialized products to meet the needs of healthcare providers and patients alike.
In the Bangladesh Surgical Sutures Market, some key challenges include the presence of counterfeit products, lack of awareness about advanced suturing techniques among healthcare professionals, inconsistent quality of locally produced sutures, and limited access to specialized sutures in rural areas. Counterfeit products not only pose health risks to patients but also create pricing pressures for legitimate manufacturers. The lack of awareness about advanced suturing techniques hinders the adoption of innovative sutures that could improve patient outcomes and reduce healthcare costs in the long run. Inconsistent quality of locally produced sutures raises concerns about the safety and efficacy of these products. Additionally, the limited availability of specialized sutures in rural areas further impedes healthcare providers from delivering optimal care to patients undergoing surgical procedures. Addressing these challenges requires collaboration among regulatory authorities, manufacturers, healthcare professionals, and policymakers to ensure the availability of safe, high-quality surgical sutures across the country.
The Bangladesh Surgical Sutures Market presents promising investment opportunities due to the increasing number of surgeries being performed in the country, driven by a growing population and rising healthcare standards. The demand for surgical sutures is expected to rise in tandem with the expanding healthcare sector. Investors can explore opportunities in manufacturing and supplying surgical sutures to hospitals, clinics, and other healthcare facilities. Additionally, there is potential for innovation and introduction of advanced suturing materials and techniques to cater to the evolving needs of healthcare providers. Collaborating with local healthcare institutions and distributors can also be a strategic approach to penetrate the market effectively. Overall, investing in the Bangladesh Surgical Sutures Market offers prospects for growth and profitability in a sector poised for development.
The government of Bangladesh has implemented various policies to regulate the surgical sutures market. The Directorate General of Drug Administration (DGDA) oversees the registration and approval process for surgical sutures to ensure product quality and safety standards are met. Importers and manufacturers are required to obtain necessary licenses and comply with Good Manufacturing Practices (GMP) guidelines. Additionally, the government has imposed import duties and taxes on surgical sutures to promote local production and reduce dependency on imports. To support domestic manufacturers, the government provides incentives and subsidies for the production of surgical sutures. Overall, these policies aim to ensure the availability of high-quality surgical sutures in the market while also encouraging local production and industry growth.
The Bangladesh Surgical Sutures Market is expected to witness steady growth in the coming years due to factors such as an increasing number of surgical procedures, a growing geriatric population, and rising awareness about the importance of wound care. Additionally, advancements in technology leading to the development of innovative sutures with improved properties such as faster healing, reduced risk of infection, and better tensile strength are expected to drive market growth. The market is also likely to benefit from government initiatives to improve healthcare infrastructure and increase access to quality healthcare services across the country. Overall, the Bangladesh Surgical Sutures Market is poised for expansion and offers opportunities for both domestic and international manufacturers to capitalize on the growing demand for surgical sutures in the region.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Surgical Sutures Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Surgical Sutures Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Surgical Sutures Market - Industry Life Cycle |
3.4 Bangladesh Surgical Sutures Market - Porter's Five Forces |
3.5 Bangladesh Surgical Sutures Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bangladesh Surgical Sutures Market Revenues & Volume Share, By Filament, 2021 & 2031F |
3.7 Bangladesh Surgical Sutures Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.8 Bangladesh Surgical Sutures Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Bangladesh Surgical Sutures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Surgical Sutures Market Trends |
6 Bangladesh Surgical Sutures Market, By Types |
6.1 Bangladesh Surgical Sutures Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Surgical Sutures Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 Bangladesh Surgical Sutures Market Revenues & Volume, By Absorbable, 2018 - 2027F |
6.1.4 Bangladesh Surgical Sutures Market Revenues & Volume, By Nonabsorbable, 2018 - 2027F |
6.2 Bangladesh Surgical Sutures Market, By Filament |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Surgical Sutures Market Revenues & Volume, By Monovalent, 2018 - 2027F |
6.2.3 Bangladesh Surgical Sutures Market Revenues & Volume, By Multivalent, 2018 - 2027F |
6.3 Bangladesh Surgical Sutures Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Surgical Sutures Market Revenues & Volume, By Ophthalmic Surgery, 2018 - 2027F |
6.3.3 Bangladesh Surgical Sutures Market Revenues & Volume, By Cardiovascular Surgery, 2018 - 2027F |
6.3.4 Bangladesh Surgical Sutures Market Revenues & Volume, By Orthopedic Surgery, 2018 - 2027F |
6.3.5 Bangladesh Surgical Sutures Market Revenues & Volume, By Neurological Surgery, 2018 - 2027F |
6.3.6 Bangladesh Surgical Sutures Market Revenues & Volume, By Others, 2018 - 2027F |
6.4 Bangladesh Surgical Sutures Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Bangladesh Surgical Sutures Market Revenues & Volume, By Hospitals, 2018 - 2027F |
6.4.3 Bangladesh Surgical Sutures Market Revenues & Volume, By Ambulatory Surgical Centers and Clinics, 2018 - 2027F |
7 Bangladesh Surgical Sutures Market Import-Export Trade Statistics |
7.1 Bangladesh Surgical Sutures Market Export to Major Countries |
7.2 Bangladesh Surgical Sutures Market Imports from Major Countries |
8 Bangladesh Surgical Sutures Market Key Performance Indicators |
9 Bangladesh Surgical Sutures Market - Opportunity Assessment |
9.1 Bangladesh Surgical Sutures Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bangladesh Surgical Sutures Market Opportunity Assessment, By Filament, 2021 & 2031F |
9.3 Bangladesh Surgical Sutures Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Bangladesh Surgical Sutures Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Bangladesh Surgical Sutures Market - Competitive Landscape |
10.1 Bangladesh Surgical Sutures Market Revenue Share, By Companies, 2021 |
10.2 Bangladesh Surgical Sutures Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |