| Product Code: ETC7425325 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Guyana`s synthetic absorbable suture import market in 2024 continued to be dominated by key exporting countries such as Brazil, India, USA, Pakistan, and Puerto Rico. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting strong competition among these exporters. Despite a notable compound annual growth rate (CAGR) of 7.0% from 2020 to 2024, the abrupt negative growth rate of -50.55% from 2023 to 2024 raises questions about the market dynamics and potential challenges faced by importers during this period.

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 Synthetic Absorbable Suture Market Overview |
3.1 Guyana Country Macro Economic Indicators |
3.2 Guyana Synthetic Absorbable Suture Market Revenues & Volume, 2021 & 2031F |
3.3 Guyana Synthetic Absorbable Suture Market - Industry Life Cycle |
3.4 Guyana Synthetic Absorbable Suture Market - Porter's Five Forces |
3.5 Guyana Synthetic Absorbable Suture Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Guyana Synthetic Absorbable Suture Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Guyana Synthetic Absorbable Suture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for minimally invasive surgical procedures in Guyana. |
4.2.2 Growing awareness about the benefits of synthetic absorbable sutures over traditional sutures. |
4.2.3 Technological advancements leading to the development of innovative synthetic absorbable suture products. |
4.3 Market Restraints |
4.3.1 Limited healthcare infrastructure and resources in Guyana. |
4.3.2 High cost associated with synthetic absorbable sutures compared to traditional sutures. |
4.3.3 Stringent regulatory requirements for the approval and marketing of medical devices in Guyana. |
5 Guyana Synthetic Absorbable Suture Market Trends |
6 Guyana Synthetic Absorbable Suture Market, By Types |
6.1 Guyana Synthetic Absorbable Suture Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Guyana Synthetic Absorbable Suture Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Guyana Synthetic Absorbable Suture Market Revenues & Volume, By Synthetic Sutures, 2021- 2031F |
6.1.4 Guyana Synthetic Absorbable Suture Market Revenues & Volume, By Poliglecaprone Suture (Monocryl), 2021- 2031F |
6.1.5 Guyana Synthetic Absorbable Suture Market Revenues & Volume, By Vicryl, 2021- 2031F |
6.1.6 Guyana Synthetic Absorbable Suture Market Revenues & Volume, By Polydioxanone Suture (PDS), 2021- 2031F |
6.1.7 Guyana Synthetic Absorbable Suture Market Revenues & Volume, By Natural Sutures, 2021- 2031F |
6.1.8 Guyana Synthetic Absorbable Suture Market Revenues & Volume, By Collagen, 2021- 2031F |
6.1.9 Guyana Synthetic Absorbable Suture Market Revenues & Volume, By Polyglycolic Acid Suture, 2021- 2031F |
6.1.10 Guyana Synthetic Absorbable Suture Market Revenues & Volume, By Polyglycolic Acid Suture, 2021- 2031F |
6.2 Guyana Synthetic Absorbable Suture Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Guyana Synthetic Absorbable Suture Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.3 Guyana Synthetic Absorbable Suture Market Revenues & Volume, By Clinics, 2021- 2031F |
6.2.4 Guyana Synthetic Absorbable Suture Market Revenues & Volume, By Ambulatory Surgery Centers, 2021- 2031F |
6.2.5 Guyana Synthetic Absorbable Suture Market Revenues & Volume, By Others, 2021- 2031F |
7 Guyana Synthetic Absorbable Suture Market Import-Export Trade Statistics |
7.1 Guyana Synthetic Absorbable Suture Market Export to Major Countries |
7.2 Guyana Synthetic Absorbable Suture Market Imports from Major Countries |
8 Guyana Synthetic Absorbable Suture Market Key Performance Indicators |
8.1 Adoption rate of synthetic absorbable sutures in Guyana healthcare facilities. |
8.2 Number of surgical procedures utilizing synthetic absorbable sutures. |
8.3 Rate of complications or infections post-surgery related to the use of synthetic absorbable sutures. |
9 Guyana Synthetic Absorbable Suture Market - Opportunity Assessment |
9.1 Guyana Synthetic Absorbable Suture Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Guyana Synthetic Absorbable Suture Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Guyana Synthetic Absorbable Suture Market - Competitive Landscape |
10.1 Guyana Synthetic Absorbable Suture Market Revenue Share, By Companies, 2024 |
10.2 Guyana Synthetic Absorbable Suture 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.
To discover high-growth global markets and optimize your business strategy:
Click Here