| Product Code: ETC4724982 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus continued to see significant import shipments of surgical sutures, with top exporting countries being Greece, Belgium, Metropolitan France, South Korea, and the Netherlands. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 14.57% from 2020 to 2024 highlights the increasing demand for surgical sutures in Cyprus. Additionally, the notable growth rate of 48.02% from 2023 to 2024 suggests a rapid expansion in the market, indicating opportunities for both suppliers and businesses in the surgical suture industry.

By 2027, the Surgical Sutures market in Cyprus is anticipated to reach a growth rate of 6.75%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Cyprus Surgical Sutures Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Surgical Sutures Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Surgical Sutures Market - Industry Life Cycle |
3.4 Cyprus Surgical Sutures Market - Porter's Five Forces |
3.5 Cyprus Surgical Sutures Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Surgical Sutures Market Revenues & Volume Share, By Filament, 2021 & 2031F |
3.7 Cyprus Surgical Sutures Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Cyprus Surgical Sutures Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Cyprus Surgical Sutures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Surgical Sutures Market Trends |
6 Cyprus Surgical Sutures Market Segmentations |
6.1 Cyprus Surgical Sutures Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Surgical Sutures Market Revenues & Volume, By Absorbable, 2021-2031F |
6.1.3 Cyprus Surgical Sutures Market Revenues & Volume, By Nonabsorbable, 2021-2031F |
6.2 Cyprus Surgical Sutures Market, By Filament |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Surgical Sutures Market Revenues & Volume, By Monovalent, 2021-2031F |
6.2.3 Cyprus Surgical Sutures Market Revenues & Volume, By Multivalent, 2021-2031F |
6.3 Cyprus Surgical Sutures Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Surgical Sutures Market Revenues & Volume, By Ophthalmic Surgery, 2021-2031F |
6.3.3 Cyprus Surgical Sutures Market Revenues & Volume, By Cardiovascular Surgery, 2021-2031F |
6.3.4 Cyprus Surgical Sutures Market Revenues & Volume, By Orthopedic Surgery, 2021-2031F |
6.3.5 Cyprus Surgical Sutures Market Revenues & Volume, By Neurological Surgery, 2021-2031F |
6.3.6 Cyprus Surgical Sutures Market Revenues & Volume, By Others, 2021-2031F |
6.4 Cyprus Surgical Sutures Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Surgical Sutures Market Revenues & Volume, By Hospitals, 2021-2031F |
6.4.3 Cyprus Surgical Sutures Market Revenues & Volume, By Ambulatory Surgical Centers and Clinics, 2021-2031F |
7 Cyprus Surgical Sutures Market Import-Export Trade Statistics |
7.1 Cyprus Surgical Sutures Market Export to Major Countries |
7.2 Cyprus Surgical Sutures Market Imports from Major Countries |
8 Cyprus Surgical Sutures Market Key Performance Indicators |
9 Cyprus Surgical Sutures Market - Opportunity Assessment |
9.1 Cyprus Surgical Sutures Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Surgical Sutures Market Opportunity Assessment, By Filament, 2021 & 2031F |
9.3 Cyprus Surgical Sutures Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Cyprus Surgical Sutures Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Cyprus Surgical Sutures Market - Competitive Landscape |
10.1 Cyprus Surgical Sutures Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Surgical Sutures Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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