| Product Code: ETC276507 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In the Singapore catgut sutures market, the import trend experienced a notable decline, with a growth rate of -35.27% from 2023 to 2024. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at 37.58%. This sharp downturn in import momentum could be attributed to shifts in demand dynamics or changes in trade policies impacting market stability.
The Singapore catgut sutures market is anticipated to maintain a steady demand, driven by the ongoing need for medical sutures in surgical procedures. Catgut sutures, made from natural fibers, are biodegradable and find applications in various surgical specialties. While newer synthetic alternatives are available, catgut sutures continue to be preferred in certain medical scenarios. The market`s growth will depend on factors such as advancements in surgical techniques, patient preferences, and regulatory compliance.
The Singapore catgut sutures market is driven by the growing healthcare sector, particularly the demand for medical devices and surgical instruments. Catgut sutures, made from the submucosa of sheep intestines, are biodegradable and widely used in various surgical procedures. With an aging population and increasing healthcare infrastructure in Singapore, the demand for catgut sutures is poised for growth.
The catgut sutures market in Singapore confronts challenges linked to changing preferences for suturing materials. Modern surgical threads made from synthetic materials are gaining popularity due to their consistency and reduced risk of infections. Catgut, derived from animal intestines, is perceived as less sterile and may face declining demand. To stay competitive, manufacturers need to adapt to evolving healthcare standards and preferences.
The Singapore Catgut Sutures market, catering to the medical and healthcare sector, experienced significant disruptions during the COVID-19 pandemic. As hospitals and clinics focused on addressing the healthcare crisis, elective surgeries were postponed or canceled, leading to a decline in the demand for medical sutures. The restrictions on movement and healthcare resources also affected the production and distribution of medical supplies. However, as the healthcare system adapted to the pandemic`s challenges and resumed elective procedures, the market began to recover. The Singapore Catgut Sutures market is expected to regain its momentum as healthcare services normalize and the backlog of medical procedures is addressed.
In the catgut sutures market in Singapore, leading companies include Medtronic plc, Ethicon Inc. (a subsidiary of Johnson & Johnson), and B. Braun Melsungen AG.
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 Singapore Catgut Sutures Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Catgut Sutures Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Catgut Sutures Market - Industry Life Cycle |
3.4 Singapore Catgut Sutures Market - Porter's Five Forces |
3.5 Singapore Catgut Sutures Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Catgut Sutures Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.7 Singapore Catgut Sutures Market Revenues & Volume Share, By End User Channel, 2021 & 2031F |
4 Singapore Catgut Sutures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for minimally invasive surgical procedures |
4.2.2 Growing prevalence of chronic diseases requiring surgical interventions |
4.2.3 Technological advancements leading to improved catgut suture products |
4.3 Market Restraints |
4.3.1 Competition from alternative suture materials such as synthetic sutures |
4.3.2 Concerns regarding the strength and reliability of catgut sutures compared to synthetic options |
4.3.3 Lack of awareness and education among healthcare professionals about the benefits of catgut sutures |
5 Singapore Catgut Sutures Market Trends |
6 Singapore Catgut Sutures Market, By Types |
6.1 Singapore Catgut Sutures Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Catgut Sutures Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Singapore Catgut Sutures Market Revenues & Volume, By Absorbable Sutures, 2021-2031F |
6.1.4 Singapore Catgut Sutures Market Revenues & Volume, By Non-absorbable Sutures, 2021-2031F |
6.2 Singapore Catgut Sutures Market, By Raw Material |
6.2.1 Overview and Analysis |
6.2.2 Singapore Catgut Sutures Market Revenues & Volume, By Natural, 2021-2031F |
6.2.3 Singapore Catgut Sutures Market Revenues & Volume, By Synthetic, 2021-2031F |
6.3 Singapore Catgut Sutures Market, By End User Channel |
6.3.1 Overview and Analysis |
6.3.2 Singapore Catgut Sutures Market Revenues & Volume, By Hospitals, 2021-2031F |
6.3.3 Singapore Catgut Sutures Market Revenues & Volume, By Ambulatory Surgical Centers, 2021-2031F |
6.3.4 Singapore Catgut Sutures Market Revenues & Volume, By Specialty Clinics, 2021-2031F |
7 Singapore Catgut Sutures Market Import-Export Trade Statistics |
7.1 Singapore Catgut Sutures Market Export to Major Countries |
7.2 Singapore Catgut Sutures Market Imports from Major Countries |
8 Singapore Catgut Sutures Market Key Performance Indicators |
8.1 Percentage of surgeons trained in using catgut sutures |
8.2 Rate of adoption of catgut sutures in surgical procedures |
8.3 Number of research studies supporting the efficacy of catgut sutures |
9 Singapore Catgut Sutures Market - Opportunity Assessment |
9.1 Singapore Catgut Sutures Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Catgut Sutures Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.3 Singapore Catgut Sutures Market Opportunity Assessment, By End User Channel, 2021 & 2031F |
10 Singapore Catgut Sutures Market - Competitive Landscape |
10.1 Singapore Catgut Sutures Market Revenue Share, By Companies, 2024 |
10.2 Singapore Catgut Sutures Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |