Product Code: ETC102406 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Singapore Surgical Sutures market currently, in 2023, has witnessed an HHI of 3249, Which has increased slightly as compared to the HHI of 2929 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The surgical sutures market in Singapore is closely aligned with the healthcare and medical device industry. Surgical sutures are critical for wound closure in various medical procedures, including surgeries and trauma care. Singapore healthcare infrastructure, known for its high standards and advanced technology, ensures a consistent demand for surgical sutures. Moreover, medical tourism in Singapore further bolsters the market as patients seek high-quality healthcare services. The market is expected to witness continuous growth, driven by the country`s commitment to healthcare excellence and advancements in surgical techniques.
The surgical sutures market in Singapore is poised for growth due to the country`s robust healthcare infrastructure and medical tourism. Surgical sutures are essential in various medical procedures, including surgeries and wound closure. As Singapore attracts patients from around the world for medical treatments, the demand for high-quality surgical sutures remains steady. Innovation in suture materials and techniques enhances patient outcomes and supports market expansion.
The surgical sutures market in Singapore confronts challenges related to cost pressures within the healthcare sector. The increasing preference for minimally invasive procedures reduces the demand for sutures in some cases. Moreover, stringent regulatory requirements for medical devices and competition from advanced wound closure technologies can impact the growth of the market. Supply chain disruptions during global health crises can also affect availability.
The Singapore surgical sutures market was significantly impacted by the COVID-19 pandemic. Elective surgeries were postponed or canceled, leading to reduced demand for surgical sutures. Additionally, supply chain disruptions affected the availability of these critical medical devices. As healthcare services return to normal, the market is expected to gradually recover. The long-term outlook remains positive, driven by advancements in surgical techniques and a growing aging population.
The Singapore surgical sutures market is poised for growth as the healthcare industry continues to expand. Surgical sutures are essential in various medical procedures, including surgeries and wound closures. Key players in this market include Singapore Surgical Supplies Ltd., MedSutures Singapore Pte Ltd., and HealthLink Medical Devices Singapore.
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 Surgical Sutures Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Surgical Sutures Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Surgical Sutures Market - Industry Life Cycle |
3.4 Singapore Surgical Sutures Market - Porter's Five Forces |
3.5 Singapore Surgical Sutures Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Singapore Surgical Sutures Market Revenues & Volume Share, By Filament, 2021 & 2031F |
3.7 Singapore Surgical Sutures Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Singapore Surgical Sutures Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Singapore Surgical Sutures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Surgical Sutures Market Trends |
6 Singapore Surgical Sutures Market, By Types |
6.1 Singapore Surgical Sutures Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Singapore Surgical Sutures Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Singapore Surgical Sutures Market Revenues & Volume, By Absorbable, 2018 - 2031F |
6.1.4 Singapore Surgical Sutures Market Revenues & Volume, By Nonabsorbable, 2018 - 2031F |
6.2 Singapore Surgical Sutures Market, By Filament |
6.2.1 Overview and Analysis |
6.2.2 Singapore Surgical Sutures Market Revenues & Volume, By Monovalent, 2018 - 2031F |
6.2.3 Singapore Surgical Sutures Market Revenues & Volume, By Multivalent, 2018 - 2031F |
6.3 Singapore Surgical Sutures Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Singapore Surgical Sutures Market Revenues & Volume, By Ophthalmic Surgery, 2018 - 2031F |
6.3.3 Singapore Surgical Sutures Market Revenues & Volume, By Cardiovascular Surgery, 2018 - 2031F |
6.3.4 Singapore Surgical Sutures Market Revenues & Volume, By Orthopedic Surgery, 2018 - 2031F |
6.3.5 Singapore Surgical Sutures Market Revenues & Volume, By Neurological Surgery, 2018 - 2031F |
6.3.6 Singapore Surgical Sutures Market Revenues & Volume, By Others, 2018 - 2031F |
6.4 Singapore Surgical Sutures Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Singapore Surgical Sutures Market Revenues & Volume, By Hospitals, 2018 - 2031F |
6.4.3 Singapore Surgical Sutures Market Revenues & Volume, By Ambulatory Surgical Centers and Clinics, 2018 - 2031F |
7 Singapore Surgical Sutures Market Import-Export Trade Statistics |
7.1 Singapore Surgical Sutures Market Export to Major Countries |
7.2 Singapore Surgical Sutures Market Imports from Major Countries |
8 Singapore Surgical Sutures Market Key Performance Indicators |
9 Singapore Surgical Sutures Market - Opportunity Assessment |
9.1 Singapore Surgical Sutures Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Singapore Surgical Sutures Market Opportunity Assessment, By Filament, 2021 & 2031F |
9.3 Singapore Surgical Sutures Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Singapore Surgical Sutures Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Singapore Surgical Sutures Market - Competitive Landscape |
10.1 Singapore Surgical Sutures Market Revenue Share, By Companies, 2024 |
10.2 Singapore Surgical Sutures Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |