Suture anchors are fixation equipment used to fix tendon or ligament to bones. The suturing technology is used since many years as a technique of mending tissue wounds. Methods used in suturing have progressive results in the better strengthening and curing of wounds. The suture technique to be performed depends on degree of tension, type of skin, location of the wound, and desired appearance. Absorbable suture anchors offer superior biocompatibility, reduced interference with postoperative imaging, and absence of the necessity for subsequent removal.

Market Dynamics

An acquisition, strategic collaborations, mergers, technology innovations plays a vigorous role in the growth and development of global suture anchor devices market. On the other hand, expensive surgical procedures may hamper the growth of this market. Increasing cases of injuries caused due to sports, growing number of orthopedic surgeries and growth of developed and innovative suture anchor devices are expected to boost the growth of suture anchor devices market.

Market Classification

The market can be bifurcated on the basis of material type, tying type, application and geography. By material type, absorbable suture anchor market can be segmented into bio-absorbable suture anchor, bio-composite suture anchor and others. Different tying types covered in this study include knotless suture anchor and knotted suture anchor. Various applications of suture anchor are hospitals, emergency medical services, clinics and ambulatory surgical centers. On the basis of geography, the absorbable suture anchor market can be categorized into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market Participants

Some of the major players involved in absorbable suture anchor market include Smith & Nephew plc, Zimmer Biomet Holdings, Inc., ConMed Corporation, Arthrex, Inc., Johnson and Johnson (DePuy Synthes, Inc.), Medtronic plc, Stryker Corporation, Parcus Medical, LLC., Teknimed SA and many more.

Market Segmentation

Market By Material Type

• Bio-Absorbable Suture Anchor
• Bio-Composite Suture Anchor
• Others

Market By Tying Type

• Knotless Suture Anchor
• Knotted Suture Anchor

Market By Application

• Hospitals
• Emergency Medical Services
• Clinics
• Ambulatory Surgical Centers

Market By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Chile
  • Rest of LATAM
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA