| Product Code: ETC276505 | 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 |
Thailand import trend for catgut sutures in 2024 experienced a -15.79% decline from the previous year, with a compound annual growth rate (CAGR) of -8.08% from 2020 to 2024. This negative momentum can be attributed to shifts in demand dynamics or changes in market conditions impacting the import landscape.
The Thailand Catgut Sutures Market is driven by the increasing number of surgeries and the rising awareness about the benefits of catgut sutures. Catgut sutures are widely used in various surgical procedures, as they are biodegradable and reduce the risk of infections. The market is witnessing growth in demand from the healthcare sector and is expected to grow further with the aging population and the prevalence of chronic diseases.
The Thailand Catgut Sutures market has seen consistent growth due to several key drivers. Firstly, the rising demand for medical procedures, including surgeries and wound closures, has driven the need for high-quality sutures like catgut. Catgut sutures are valued for their biodegradability and compatibility with human tissues, making them a preferred choice in certain medical applications. Additionally, the country`s aging population has increased the number of surgeries, further boosting the market. The expansion of healthcare infrastructure and the growing number of hospitals and clinics have also contributed to the increased consumption of catgut sutures. Furthermore, advancements in catgut suture manufacturing processes and materials have improved their quality and efficacy, making them indispensable in the healthcare sector.
The Thailand Catgut Sutures market confronts challenges related to the growing popularity of synthetic sutures. These alternatives are often considered more convenient and cost-effective. Additionally, ensuring the quality and sterilization of catgut sutures is a continual concern. Moreover, fluctuations in the demand for surgical procedures and healthcare spending can impact the market`s growth.
The Thailand Catgut Sutures market faced significant disruptions due to the COVID-19 pandemic. As elective surgeries were postponed and hospitals focused on treating COVID-19 patients, the demand for catgut sutures declined. Moreover, disruptions in the supply chain and transportation hindered the availability of raw materials, affecting production. Despite the challenges, the market saw a gradual recovery as healthcare systems adapted to the new normal, and surgeries resumed. Manufacturers also shifted their focus to producing medical supplies essential for managing the pandemic, impacting the production and distribution of catgut sutures.
Within the Thailand Catgut Sutures market, prominent players have established themselves as trusted providers of medical sutures. Notable companies in this segment include Thai Surgical Sutures, SutureTech Co., and MedicalSutures Thailand. These organizations have been instrumental in ensuring the availability of reliable catgut sutures for medical professionals and healthcare institutions across the country.
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 Thailand Catgut Sutures Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Catgut Sutures Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Catgut Sutures Market - Industry Life Cycle |
3.4 Thailand Catgut Sutures Market - Porter's Five Forces |
3.5 Thailand Catgut Sutures Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Thailand Catgut Sutures Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.7 Thailand Catgut Sutures Market Revenues & Volume Share, By End User Channel, 2021 & 2031F |
4 Thailand Catgut Sutures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing number of surgical procedures in Thailand |
4.2.2 Growth in healthcare infrastructure and facilities |
4.2.3 Rising geriatric population requiring surgical interventions |
4.3 Market Restraints |
4.3.1 Competition from synthetic sutures |
4.3.2 Stringent regulations and standards for medical devices in Thailand |
5 Thailand Catgut Sutures Market Trends |
6 Thailand Catgut Sutures Market, By Types |
6.1 Thailand Catgut Sutures Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Catgut Sutures Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Thailand Catgut Sutures Market Revenues & Volume, By Absorbable Sutures, 2021-2031F |
6.1.4 Thailand Catgut Sutures Market Revenues & Volume, By Non-absorbable Sutures, 2021-2031F |
6.2 Thailand Catgut Sutures Market, By Raw Material |
6.2.1 Overview and Analysis |
6.2.2 Thailand Catgut Sutures Market Revenues & Volume, By Natural, 2021-2031F |
6.2.3 Thailand Catgut Sutures Market Revenues & Volume, By Synthetic, 2021-2031F |
6.3 Thailand Catgut Sutures Market, By End User Channel |
6.3.1 Overview and Analysis |
6.3.2 Thailand Catgut Sutures Market Revenues & Volume, By Hospitals, 2021-2031F |
6.3.3 Thailand Catgut Sutures Market Revenues & Volume, By Ambulatory Surgical Centers, 2021-2031F |
6.3.4 Thailand Catgut Sutures Market Revenues & Volume, By Specialty Clinics, 2021-2031F |
7 Thailand Catgut Sutures Market Import-Export Trade Statistics |
7.1 Thailand Catgut Sutures Market Export to Major Countries |
7.2 Thailand Catgut Sutures Market Imports from Major Countries |
8 Thailand Catgut Sutures Market Key Performance Indicators |
8.1 Average selling price of catgut sutures |
8.2 Adoption rate of catgut sutures by hospitals and clinics |
8.3 Number of new product developments in the catgut sutures market |
9 Thailand Catgut Sutures Market - Opportunity Assessment |
9.1 Thailand Catgut Sutures Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Thailand Catgut Sutures Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.3 Thailand Catgut Sutures Market Opportunity Assessment, By End User Channel, 2021 & 2031F |
10 Thailand Catgut Sutures Market - Competitive Landscape |
10.1 Thailand Catgut Sutures Market Revenue Share, By Companies, 2024 |
10.2 Thailand Catgut Sutures Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |