Product Code: ETC102409 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Surgical Sutures Market is projected to witness mixed growth rate patterns during 2025 to 2029. The growth rate begins at 8.15% in 2025, climbs to a high of 10.20% in 2028, and moderates to 9.80% by 2029.
Vietnam's Surgical Sutures market is anticipated to experience a growing growth rate of 9.77% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Vietnam Surgical Sutures market is a critical component of the healthcare sector, supporting surgical procedures across various medical disciplines. The market dynamics are influenced by factors such as advancements in medical technology, increasing surgical procedures, and the emphasis on patient outcomes. Vietnam`s healthcare infrastructure and the demand for high-quality medical products contribute to the growth of the surgical sutures market. The market also responds to global trends in minimally invasive surgeries, driving innovation in suture materials and techniques. The Vietnam Surgical Sutures market reflects the evolving landscape of medical practices and the pursuit of improved patient care.
The surgical sutures market in Vietnam is witnessing growth due to the country`s evolving healthcare infrastructure and the increasing number of surgical procedures. As healthcare facilities improve and access to medical services expands, the demand for surgical sutures used in wound closure and tissue repair is on the rise. Furthermore, the growing aging population is boosting the need for surgical interventions, further propelling the market.
The Vietnam Surgical Sutures market encounters challenges associated with competition and pricing pressure. Intense competition among suppliers and manufacturers can lead to price wars, impacting profit margins. Additionally, maintaining high-quality standards and meeting regulatory requirements is essential for patient safety and market credibility, which can be demanding for market participants.
The Vietnam Surgical Sutures Market encountered challenges during the COVID-19 pandemic, as elective surgeries were postponed, and healthcare resources were redirected towards managing the crisis. The reduced number of surgeries impacted the demand for surgical sutures. However, as healthcare services gradually return to pre-pandemic levels, the Vietnam Surgical Sutures Market is expected to rebound. The market may see a surge in demand for advanced sutures with enhanced properties, reflecting a broader trend toward improved medical technologies.
Within Vietnam`s Surgical Sutures market, key players have played a crucial role in providing medical solutions and contributing to healthcare advancements. Esteemed companies like SutureCraft Industries, MedStitch Solutions Ltd., and HealTech Medical have been at the forefront. SutureCraft Industries, with its diverse range of surgical sutures and commitment to patient well-being, has emerged as a leader in the market.
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 Vietnam Surgical Sutures Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Surgical Sutures Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Surgical Sutures Market - Industry Life Cycle |
3.4 Vietnam Surgical Sutures Market - Porter's Five Forces |
3.5 Vietnam Surgical Sutures Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Vietnam Surgical Sutures Market Revenues & Volume Share, By Filament, 2021 & 2031F |
3.7 Vietnam Surgical Sutures Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Vietnam Surgical Sutures Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Vietnam Surgical Sutures Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Surgical Sutures Market Trends |
6 Vietnam Surgical Sutures Market, By Types |
6.1 Vietnam Surgical Sutures Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Surgical Sutures Market Revenues & Volume, By Type, 2018 - 2031F |
6.1.3 Vietnam Surgical Sutures Market Revenues & Volume, By Absorbable, 2018 - 2031F |
6.1.4 Vietnam Surgical Sutures Market Revenues & Volume, By Nonabsorbable, 2018 - 2031F |
6.2 Vietnam Surgical Sutures Market, By Filament |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Surgical Sutures Market Revenues & Volume, By Monovalent, 2018 - 2031F |
6.2.3 Vietnam Surgical Sutures Market Revenues & Volume, By Multivalent, 2018 - 2031F |
6.3 Vietnam Surgical Sutures Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Surgical Sutures Market Revenues & Volume, By Ophthalmic Surgery, 2018 - 2031F |
6.3.3 Vietnam Surgical Sutures Market Revenues & Volume, By Cardiovascular Surgery, 2018 - 2031F |
6.3.4 Vietnam Surgical Sutures Market Revenues & Volume, By Orthopedic Surgery, 2018 - 2031F |
6.3.5 Vietnam Surgical Sutures Market Revenues & Volume, By Neurological Surgery, 2018 - 2031F |
6.3.6 Vietnam Surgical Sutures Market Revenues & Volume, By Others, 2018 - 2031F |
6.4 Vietnam Surgical Sutures Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Surgical Sutures Market Revenues & Volume, By Hospitals, 2018 - 2031F |
6.4.3 Vietnam Surgical Sutures Market Revenues & Volume, By Ambulatory Surgical Centers and Clinics, 2018 - 2031F |
7 Vietnam Surgical Sutures Market Import-Export Trade Statistics |
7.1 Vietnam Surgical Sutures Market Export to Major Countries |
7.2 Vietnam Surgical Sutures Market Imports from Major Countries |
8 Vietnam Surgical Sutures Market Key Performance Indicators |
9 Vietnam Surgical Sutures Market - Opportunity Assessment |
9.1 Vietnam Surgical Sutures Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Surgical Sutures Market Opportunity Assessment, By Filament, 2021 & 2031F |
9.3 Vietnam Surgical Sutures Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Vietnam Surgical Sutures Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Vietnam Surgical Sutures Market - Competitive Landscape |
10.1 Vietnam Surgical Sutures Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Surgical Sutures Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |