Product Code: ETC102386 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Venezuela surgical sutures market is expected to experience significant growth in the forecast period. This can be attributed to the increasing incidence of chronic diseases and lifestyle syndromes such as obesity, diabetes, heart disease and cancer that has resulted in a high demand for medical procedures including surgery. Moreover, government initiatives aimed at improving access to healthcare facilities across the country are further intensifying this demand.
The primary drivers of this market include an increase in awareness about existing treatments among patients due to rising disposable income levels; introduction of technologically advanced products by key players; government initiatives for modernizing healthcare infrastructure; and improvement in healthcare insurance coverage across various parts of the country.
However, factors such as lack of skilled professionals and poor reimbursement policies are likely impede market growth over the forecast period. Additionally, unstable economic conditions have adversely affected foreign investment opportunities which has had an effect on product development cycle time & cost towards new launches within this industry segment
Key players operating in Venezuela???s surgical sutures market include Johnson & Johnson (Ethicon), B Braun Melsungen AG (Aesculap), Smith & Nephew plc., 3M Company (Covidien Ltd.), Medline Industries Inc., DemeTech Corporation., Zhejiang Jingjin Medical Instruments Co Ltd., Intimus Surgical Pvt Ltd., American Swan LLC(SurgiWrap), Wuhan Carestar Protective Products Co Ltd., Medtronic plc.(Covidien ltd.).
Due to the economic crisis in Venezuela, the healthcare system has been severely affected. The Covid-19 pandemic has further accelerated this crisis, leading to a shortage of medical supplies including surgical sutures and other essential medical equipment. This has had an adverse impact on the Venezuelan surgical sutures market as it is difficult for hospitals and clinics to procure these items due to lack of financial resources. Furthermore, with existing restrictions on imports into Venezuela, it is even more challenging for domestic suppliers to bring in adequate quantities of materials needed for surgery at present.
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 Venezuela Surgical Sutures Market Overview |
3.1 Venezuela Country Macro Economic Indicators |
3.2 Venezuela Surgical Sutures Market Revenues & Volume, 2020 & 2027F |
3.3 Venezuela Surgical Sutures Market - Industry Life Cycle |
3.4 Venezuela Surgical Sutures Market - Porter's Five Forces |
3.5 Venezuela Surgical Sutures Market Revenues & Volume Share, By Type, 2020 & 2027F |
3.6 Venezuela Surgical Sutures Market Revenues & Volume Share, By Filament, 2020 & 2027F |
3.7 Venezuela Surgical Sutures Market Revenues & Volume Share, By Application, 2020 & 2027F |
3.8 Venezuela Surgical Sutures Market Revenues & Volume Share, By End-use, 2020 & 2027F |
4 Venezuela Surgical Sutures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Venezuela Surgical Sutures Market Trends |
6 Venezuela Surgical Sutures Market, By Types |
6.1 Venezuela Surgical Sutures Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Venezuela Surgical Sutures Market Revenues & Volume, By Type, 2018 - 2027F |
6.1.3 Venezuela Surgical Sutures Market Revenues & Volume, By Absorbable, 2018 - 2027F |
6.1.4 Venezuela Surgical Sutures Market Revenues & Volume, By Nonabsorbable, 2018 - 2027F |
6.2 Venezuela Surgical Sutures Market, By Filament |
6.2.1 Overview and Analysis |
6.2.2 Venezuela Surgical Sutures Market Revenues & Volume, By Monovalent, 2018 - 2027F |
6.2.3 Venezuela Surgical Sutures Market Revenues & Volume, By Multivalent, 2018 - 2027F |
6.3 Venezuela Surgical Sutures Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Venezuela Surgical Sutures Market Revenues & Volume, By Ophthalmic Surgery, 2018 - 2027F |
6.3.3 Venezuela Surgical Sutures Market Revenues & Volume, By Cardiovascular Surgery, 2018 - 2027F |
6.3.4 Venezuela Surgical Sutures Market Revenues & Volume, By Orthopedic Surgery, 2018 - 2027F |
6.3.5 Venezuela Surgical Sutures Market Revenues & Volume, By Neurological Surgery, 2018 - 2027F |
6.3.6 Venezuela Surgical Sutures Market Revenues & Volume, By Others, 2018 - 2027F |
6.4 Venezuela Surgical Sutures Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Venezuela Surgical Sutures Market Revenues & Volume, By Hospitals, 2018 - 2027F |
6.4.3 Venezuela Surgical Sutures Market Revenues & Volume, By Ambulatory Surgical Centers and Clinics, 2018 - 2027F |
7 Venezuela Surgical Sutures Market Import-Export Trade Statistics |
7.1 Venezuela Surgical Sutures Market Export to Major Countries |
7.2 Venezuela Surgical Sutures Market Imports from Major Countries |
8 Venezuela Surgical Sutures Market Key Performance Indicators |
9 Venezuela Surgical Sutures Market - Opportunity Assessment |
9.1 Venezuela Surgical Sutures Market Opportunity Assessment, By Type, 2020 & 2027F |
9.2 Venezuela Surgical Sutures Market Opportunity Assessment, By Filament, 2020 & 2027F |
9.3 Venezuela Surgical Sutures Market Opportunity Assessment, By Application, 2020 & 2027F |
9.4 Venezuela Surgical Sutures Market Opportunity Assessment, By End-use, 2020 & 2027F |
10 Venezuela Surgical Sutures Market - Competitive Landscape |
10.1 Venezuela Surgical Sutures Market Revenue Share, By Companies, 2020 |
10.2 Venezuela Surgical Sutures Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |