Ophthalmic Sutures Market Size, Growth Trends, Top Players, Application and Forecast to 2032

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Ophthalmic Sutures Market Industry Analysis,
Trend, Growth, Opportunity, Forecast 2023-2032
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• Industry Insights

• Ophthalmic Sutures Market is expected to grow
  considerably through 2032, owing to the
  increasing technological advancements in natural
  and synthetic sutures.
• Not to mention, the growing investments in RD,
  new product launches, mergers, acquisitions, and
  partnerships by leading providers in the
  ophthalmic suture market, to strengthen their
  presence, would add impetus to the industry
  outlook.
• For instance, Corza Medical recently announced
  taking over Barron Precision Instruments in an
  attempt to expand its ophthalmology surgery
  segment and the production capacity.
• Although, the market growth is expected to be
  hampered due to the lack of skilled
  ophthalmologists. The use of ophthalmic sutures
  is an essential skill that every surgeon must
  have, which is expected to significantly impact
  market growth in the coming years. Nevertheless,
  the rising geriatric population base and
  increasing prevalence of eye diseases are the
  factors projected to positively impact the
  overall industry growth during 2023-2032.

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• Based on type, the synthetic ophthalmic sutures
  segment is expected to grow considerably through
  2032, due to rising demand and increased
  awareness of the benefits offered by synthetic
  ophthalmic sutures including high tensile
  strength, increased flexibility, and durability.
• Considering the material, the nylon ophthalmic
  sutures segment is expected to be valued at
  approximately USD 566 million by 2032 end.
• Nylon ophthalmic sutures are soft and smooth,
  offer efficient knot security, are infection
  resistant, and can be removed easily without any
  tissue adherence. All these factors will further
  propel segmental growth in the future.
• By coating, the uncoated segment held a market
  share of over USD 503 million in 2022 and is
  expected to register notable gains through 2032.
• The growth can be ascribed to wide application of
  these sutures for desired apposition of wound
  edges, hanging back of tissues, fixation of
  detached structures, and lifting tissues, among
  others.

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• Regional Analysis

• Regionally, the Europe ophthalmic sutures market
  is anticipated to record massive growth during
  the forecast timeframe owing to the surging
  product adoption, high prevalence of eye
  diseases, increasing access to affordable devices
  treatment, and rising disposable income.
  According to the International Agency for the
  Prevention of Blindness, the prevalence of myopia
  in Europe has increased to 50 in the age group
  of 25 to 29 years.

• Competitive Analysis

• Some leading ophthalmic sutures market players
  include Geuder AG, Corza medical, Unilene, Asssut
  Medical, Mani, Inc., Medtronic, Alcon Inc., among
  others. Many of these players are prioritizing
  partnerships to expand their industry presence.

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