| Product Code: ETC4724999 | Publication Date: Nov 2023 | Updated Date: Nov 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, Guyana continued to heavily rely on imports of surgical sutures, with top exporters being Brazil, India, USA, Pakistan, and Puerto Rico. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 7.0% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -50.55%. This fluctuation may suggest shifting market dynamics or temporary disruptions in the supply chain. Monitoring these trends will be crucial for stakeholders in the surgical sutures industry.

In the Latin America region, the Surgical Sutures market in Guyana is projected to expand at a high growth rate of 10.93% by 2027. The largest economy is Brazil, followed by Mexico, Argentina, Colombia and Chile.

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 Guyana Surgical Sutures Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Surgical Sutures Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Surgical Sutures Market - Industry Life Cycle |
3.4 Guyana Surgical Sutures Market - Porter's Five Forces |
3.5 Guyana Surgical Sutures Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guyana Surgical Sutures Market Revenues & Volume Share, By Filament, 2021 & 2031F |
3.7 Guyana Surgical Sutures Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Guyana Surgical Sutures Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Guyana Surgical Sutures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of chronic diseases requiring surgical procedures in Guyana |
4.2.2 Growing awareness about advanced surgical techniques and the importance of sutures in healthcare |
4.2.3 Technological advancements in surgical sutures leading to better patient outcomes |
4.3 Market Restraints |
4.3.1 Limited access to advanced healthcare facilities in remote areas of Guyana |
4.3.2 High cost associated with advanced surgical sutures impacting adoption rates |
4.3.3 Lack of skilled healthcare professionals proficient in using advanced sutures |
5 Guyana Surgical Sutures Market Trends |
6 Guyana Surgical Sutures Market Segmentations |
6.1 Guyana Surgical Sutures Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Surgical Sutures Market Revenues & Volume, By Absorbable, 2021-2031F |
6.1.3 Guyana Surgical Sutures Market Revenues & Volume, By Nonabsorbable, 2021-2031F |
6.2 Guyana Surgical Sutures Market, By Filament |
6.2.1 Overview and Analysis |
6.2.2 Guyana Surgical Sutures Market Revenues & Volume, By Monovalent, 2021-2031F |
6.2.3 Guyana Surgical Sutures Market Revenues & Volume, By Multivalent, 2021-2031F |
6.3 Guyana Surgical Sutures Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Guyana Surgical Sutures Market Revenues & Volume, By Ophthalmic Surgery, 2021-2031F |
6.3.3 Guyana Surgical Sutures Market Revenues & Volume, By Cardiovascular Surgery, 2021-2031F |
6.3.4 Guyana Surgical Sutures Market Revenues & Volume, By Orthopedic Surgery, 2021-2031F |
6.3.5 Guyana Surgical Sutures Market Revenues & Volume, By Neurological Surgery, 2021-2031F |
6.3.6 Guyana Surgical Sutures Market Revenues & Volume, By Others, 2021-2031F |
6.4 Guyana Surgical Sutures Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Guyana Surgical Sutures Market Revenues & Volume, By Hospitals, 2021-2031F |
6.4.3 Guyana Surgical Sutures Market Revenues & Volume, By Ambulatory Surgical Centers and Clinics, 2021-2031F |
7 Guyana Surgical Sutures Market Import-Export Trade Statistics |
7.1 Guyana Surgical Sutures Market Export to Major Countries |
7.2 Guyana Surgical Sutures Market Imports from Major Countries |
8 Guyana Surgical Sutures Market Key Performance Indicators |
8.1 Adoption rate of advanced surgical sutures in Guyana |
8.2 Rate of surgical procedures performed in the country |
8.3 Number of training programs conducted for healthcare professionals on using advanced sutures |
9 Guyana Surgical Sutures Market - Opportunity Assessment |
9.1 Guyana Surgical Sutures Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guyana Surgical Sutures Market Opportunity Assessment, By Filament, 2021 & 2031F |
9.3 Guyana Surgical Sutures Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Guyana Surgical Sutures Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Guyana Surgical Sutures Market - Competitive Landscape |
10.1 Guyana Surgical Sutures Market Revenue Share, By Companies, 2024 |
10.2 Guyana 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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