Philippines Synthetic Absorbable Suture Market (2025-2031) | Companies, Segmentation, Size & Revenue, Outlook, Forecast, Share, Value, Trends, Growth, Analysis, Competitive Landscape, Industry

Market Forecast By Type (Synthetic Sutures, Poliglecaprone Suture (Monocryl), Vicryl, Polydioxanone Suture (PDS), Natural Sutures, Collagen, Catgut Suture, Polyglycolic Acid Suture), By Application (Hospitals, Clinics, Ambulatory Surgery Centers, Others) And Competitive Landscape
Product Code: ETC8852905 Publication Date: Sep 2024 Updated Date: Apr 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Sachin Kumar Rai No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Philippines Synthetic Absorbable Suture Market Overview

Synthetic absorbable sutures are gaining popularity in the Philippine surgical landscape due to their ability to reduce post-operative complications and the need for suture removal. Hospitals and clinics are increasingly adopting these products for general surgeries, obstetrics, and minimally invasive procedures, driving consistent market growth.

Drivers of the market

The synthetic absorbable suture market in the Philippines is expanding due to increased surgical procedures and improvements in healthcare infrastructure. These sutures are preferred for their reduced risk of infection and elimination of removal procedures. Local and international suppliers are targeting public and private hospitals, with innovations in polymer materials enhancing product offerings.

Challenges of the market

This market is challenged by the high cost of medical-grade polymers and strict regulatory scrutiny regarding product safety and biodegradability. Imported brands dominate the market, which limits opportunities for local manufacturers. Additionally, counterfeit products and inadequate training among medical staff affect usage efficiency and outcomes.

Investment opportunities in the Market

The synthetic absorbable suture market is critical for surgical procedures, with consistent demand across public and private hospitals. Investment areas include local manufacturing, hospital supply chains, and product innovation in antibacterial and fast-absorbing sutures. Government procurement contracts offer long-term stability for medical device investors.

Government Policy of the market

Synthetic absorbable sutures are regulated by the FDA as Class B medical devices. The government ensures stringent quality checks and import certification processes. Policies from the DOH aim to equip public hospitals with advanced surgical tools, including sutures, and encourage local manufacturing under the healthcare innovation strategy.

Key Highlights of the Report:

  • Philippines Synthetic Absorbable Suture Market Outlook
  • Market Size of Philippines Synthetic Absorbable Suture Market, 2024
  • Forecast of Philippines Synthetic Absorbable Suture Market, 2031
  • Historical Data and Forecast of Philippines Synthetic Absorbable Suture Revenues & Volume for the Period 2021- 2031
  • Philippines Synthetic Absorbable Suture Market Trend Evolution
  • Philippines Synthetic Absorbable Suture Market Drivers and Challenges
  • Philippines Synthetic Absorbable Suture Price Trends
  • Philippines Synthetic Absorbable Suture Porter's Five Forces
  • Philippines Synthetic Absorbable Suture Industry Life Cycle
  • Historical Data and Forecast of Philippines Synthetic Absorbable Suture Market Revenues & Volume By Type for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Synthetic Absorbable Suture Market Revenues & Volume By Synthetic Sutures for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Synthetic Absorbable Suture Market Revenues & Volume By Poliglecaprone Suture (Monocryl) for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Synthetic Absorbable Suture Market Revenues & Volume By Vicryl for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Synthetic Absorbable Suture Market Revenues & Volume By Polydioxanone Suture (PDS) for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Synthetic Absorbable Suture Market Revenues & Volume By Natural Sutures for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Synthetic Absorbable Suture Market Revenues & Volume By Collagen for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Synthetic Absorbable Suture Market Revenues & Volume By Catgut Suture for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Synthetic Sutures Synthetic Absorbable Suture Market Revenues & Volume By Polyglycolic Acid Suture for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Synthetic Absorbable Suture Market Revenues & Volume By Application for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Synthetic Absorbable Suture Market Revenues & Volume By Hospitals for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Synthetic Absorbable Suture Market Revenues & Volume By Clinics for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Synthetic Absorbable Suture Market Revenues & Volume By Ambulatory Surgery Centers for the Period 2021- 2031
  • Historical Data and Forecast of Philippines Synthetic Absorbable Suture Market Revenues & Volume By Others for the Period 2021- 2031
  • Philippines Synthetic Absorbable Suture Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Philippines Synthetic Absorbable Suture Top Companies Market Share
  • Philippines Synthetic Absorbable Suture Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Synthetic Absorbable Suture Company Profiles
  • Philippines Synthetic Absorbable Suture Key Strategic Recommendations

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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 Philippines Synthetic Absorbable Suture Market Overview

3.1 Philippines Country Macro Economic Indicators

3.2 Philippines Synthetic Absorbable Suture Market Revenues & Volume, 2021 & 2031F

3.3 Philippines Synthetic Absorbable Suture Market - Industry Life Cycle

3.4 Philippines Synthetic Absorbable Suture Market - Porter's Five Forces

3.5 Philippines Synthetic Absorbable Suture Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Philippines Synthetic Absorbable Suture Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Philippines Synthetic Absorbable Suture Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Philippines Synthetic Absorbable Suture Market Trends

6 Philippines Synthetic Absorbable Suture Market, By Types

6.1 Philippines Synthetic Absorbable Suture Market, By Type

6.1.1 Overview and Analysis

6.1.2 Philippines Synthetic Absorbable Suture Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Philippines Synthetic Absorbable Suture Market Revenues & Volume, By Synthetic Sutures, 2021- 2031F

6.1.4 Philippines Synthetic Absorbable Suture Market Revenues & Volume, By Poliglecaprone Suture (Monocryl), 2021- 2031F

6.1.5 Philippines Synthetic Absorbable Suture Market Revenues & Volume, By Vicryl, 2021- 2031F

6.1.6 Philippines Synthetic Absorbable Suture Market Revenues & Volume, By Polydioxanone Suture (PDS), 2021- 2031F

6.1.7 Philippines Synthetic Absorbable Suture Market Revenues & Volume, By Natural Sutures, 2021- 2031F

6.1.8 Philippines Synthetic Absorbable Suture Market Revenues & Volume, By Collagen, 2021- 2031F

6.1.9 Philippines Synthetic Absorbable Suture Market Revenues & Volume, By Polyglycolic Acid Suture, 2021- 2031F

6.1.10 Philippines Synthetic Absorbable Suture Market Revenues & Volume, By Polyglycolic Acid Suture, 2021- 2031F

6.2 Philippines Synthetic Absorbable Suture Market, By Application

6.2.1 Overview and Analysis

6.2.2 Philippines Synthetic Absorbable Suture Market Revenues & Volume, By Hospitals, 2021- 2031F

6.2.3 Philippines Synthetic Absorbable Suture Market Revenues & Volume, By Clinics, 2021- 2031F

6.2.4 Philippines Synthetic Absorbable Suture Market Revenues & Volume, By Ambulatory Surgery Centers, 2021- 2031F

6.2.5 Philippines Synthetic Absorbable Suture Market Revenues & Volume, By Others, 2021- 2031F

7 Philippines Synthetic Absorbable Suture Market Import-Export Trade Statistics

7.1 Philippines Synthetic Absorbable Suture Market Export to Major Countries

7.2 Philippines Synthetic Absorbable Suture Market Imports from Major Countries

8 Philippines Synthetic Absorbable Suture Market Key Performance Indicators

9 Philippines Synthetic Absorbable Suture Market - Opportunity Assessment

9.1 Philippines Synthetic Absorbable Suture Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Philippines Synthetic Absorbable Suture Market Opportunity Assessment, By Application, 2021 & 2031F

10 Philippines Synthetic Absorbable Suture Market - Competitive Landscape

10.1 Philippines Synthetic Absorbable Suture Market Revenue Share, By Companies, 2024

10.2 Philippines Synthetic Absorbable Suture Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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