Saudi Arabian Sector to Display Healthy Growth During Forecast Period
Surging
incidents of chronic diseases, surgeries and burn cases, and an increasing
number of hospitals and healthcare professionals are some of the key factors
driving the growth of the Saudi Arabian surgical sutures market. In 2017, the
market generated a revenue of $16.7 million, and it is predicted to witness a
3.6% CAGR during the forecast period (2018–2023). Surgical suture is a medical
device used after an injury or during a surgery to hold the body tissue
together and stich the wound; it consists of a needle
On the basis of
product, the surgical sutures
market in Saudi Arabia is bifurcated
into sutures and automated suturing devices. Of these, in 2017, sutures
dominated the market in terms of revenue, and these are predicted to continue
leading it during the 2018–2023 period. The reason behind their larger share is
the lack of professionals with the proficiency to use automated suturing
devices and their relatively low cost. Sutures include threads and needles, which
are available in the market in different shapes and sizes.
Request to Get the Sample Pages at:
Further, with
the surging incidents of chronic diseases, such as cancer, cardiovascular
diseases, and viral diseases including hepatitis, in Saudi Arabia, the number
of surgeries is escalating. These diseases are omnipresent and have a
never-ending effect on an individual’s health.
The management of chronic
diseases often needs complex surgeries, which also involve suturing. As per the
data reported by the Ministry of Health of the Saudi Arabian government, the
prevalence rate of hepatitis B for 2012 was 15.79 per 100,000 people and for
hepatitis A, 1.06 per 100,000 people.
Hence, the
development of customized sutures and growing prevalence of chronic diseases
are accelerating the growth of the market.
Comments
Post a Comment