Global Dental Suture Market
– Overview
The dental sutures market
refers to the industry that produces and sells sutures used in dental surgeries
and procedures. Sutures are used to hold tissues together after a dental
procedure, promote healing, and prevent infection. Dental sutures are available
in different materials, such as silk, nylon, and polyglycolic acid (PGA), and
come in various sizes and shapes.
According to a recent study
report published by the Market Research Future analysts, the global dental suture market is
growing at a moderated pace; mainly due to growing edentulous population,
rising disposable income, increasing incidences of dental cases and other
periodontal diseases. According to FDI World Dental Federation, more than 80%
of people in Asia including India, Bangladesh, Nepal, Malaysia, and Indonesia
suffer from dental decay. Furthermore, 40%-59% of population in China and
Australia suffer from dental decay. This high prevalence of dental decay in the
worldwide triggers the demand for dental sutures, which in turns helps the
market to flourish.
On the other hand, factors
such as inadequate reimbursement and problems associated with dentures may
hinder the growth of the market up to some extent. In few Asian countries,
there is no government reimbursement for dental care. The private insurers also
do not cover the cost of full procedure of dental implantation. This leads to
high out of pocket expenditure for dental healthcare. The retired people who
are the major consumers of dentures find it difficult to afford full denture
without the presence of proper reimbursement.
The market also possesses
significant growth opportunities which include increasing focus on cosmetic
dentistry. Cosmetic dentistry aims to improve the appearance of individual’s
oral appearance. Due to rising disposable income people are more focusing on
cosmetic dentistry. Dentists opt for various dental sutures types for improving the appearance of the patients. This rising
inclination of Global population towards cosmetic dentistry is likely to open
array of opportunities for the dental suture market.
Global Dental Suture Market
- Competitive Analysis
The dental suture market
player are Osteogenics
Biomedical, Ergon Sutramed S.P.A., Assut Europe S.P.A., Ethicon US, LLC.,
Surgical Specialties Corporation, Shandong Sinorgmed Co.,LTD, B. Braun
Melsungen AG, Demetech Corporation, and Hygitech SAS are some of the prominent
players at the forefront of competition in the global dental suture market and
are profiled in MRFR Analysis.
The dental suture industry
has turned into a critical and element power in Global dental
industry. Through extensive research it is found out that the market
players have adopted the strategy of making acquisition and agreements by
acquiring various market shares and rights and involving them in agreements
with other dental organization for the branding of the product. Update and
launches was the second most widely adopted strategy which was adopted by the
key market players.
In August 2016, Ethicon US,
LLC had announced the strategic collaboration with Touch Surgery that will help
patient with free mobile app that can reach medical help in even remote
regions.
In August 2016, Ethicon US,
LLC announced the launch of unmatched knotless suture portfolio with launch of
stratafix spiral plus devices. With this addition of this new suture technology
the company has established the most comprehensive and unmatched knotless suture
offering available to surgeons in the U.S.
In July 2016, Osteogenics
Biomedical announced the acquisition of exclusive North American distribution
rights for the premium German dental suture brand, Resorba®. Resorba is a
leading manufacturer of suture in Germany i.e. specialized in dental suture.
In June 2016, B. Braun
Melsungen AG announced that it has acquired 51% of DIALY SER S.A.S., Colombia
In Jan 2016, Surgical
Specialties Corporation announced that it has acquired all the shares of
leading German needle
and suture manufacturer; FSSB Chirurgische Nadein GMBH (FSSB). This acquisition
will create the company one of the leaders in manufacturing surgical suture in
the world.
In August 2014, Osteogenics
Biomedical launched the newest neeenhancement to PTFE membranes product line.
The company introduces T2 configuration to PTFE membrane that allow for
convenient buccal fixation points outside the defect area, eradicating the need
to aggressively trim a larger membrane.
Global Dental
Suture Market - Regional Analysis
North America is the
largest market for dental suture. The large size of the market can be
attributed to higher adoption of various dental suture devices coupled with
presence of technologically advanced products. Moreover, the high disposable
income of the region also enables the professionals to opt for such devices.
Dentistry in North America is in a condition of change with increasing
population having periodontal diseases. The health care transmission framework
is changing quickly with the execution of Affordable Care Act. In Europe there
exists a well-established oral healthcare system which functions within
National Health Services. The dental healthcare industry is booming in Europe
and as a result of which there is increasing need of greater reforms and
policies to ensure better oral health to the masses. The political scenario of
Europe is moderate. Countries such as Germany, France, and the U.K. have stable
governments and high healthcare spending. In Asia-Pacific there is wide range
of opportunities for dental suture market due to the presence of developing
countries. Asia Pacific is one of the fastest growing market for dental
sutures.
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