April 12, 2024
Dental Suture Market

Dental Suture Market is poised to grow on Increasing Dental Implant Procedures

The global dental suture market is estimated to be valued at US$ 217.42 billion in 2024 and is expected to exhibit a CAGR of 6.9% over the forecast period from 2024 to 2031.

Dental sutures are used in closing wounds and incisions in the oral cavity during various dental surgical procedures like tooth extractions, dental implants, periodontal flap surgery and biopsies. They provide wound stability, promotes wound healing by accurately holding tissues together and increasing success rates of procedures. The consistent technological advancements in dental sutures is being used by dentists and oral surgeons to properly align tissues and protect wounds during recovery.

Key Takeaways

Key players operating in the Dental Suture Market Demand are Cargill, Archer Daniels Midland Company (ADM), Bunge Limited, Ingredion Incorporated, Associated British Foods (ABF), Tate & Lyle, Agrana Beteiligungs AG, The Scoular Company, Grain Processing Corporation (GPC), Didion Milling. Key players are focusing on developing bioabsorbable and antibacterial sutures to reduce infections post procedures.

The global dental suture market is expected to witness significant growth owing to the rising demand for dental procedures like dental implants, periodontal surgeries, rising incidence of dental caries and other periodontal diseases. With increasing globalization and changing dietary patterns dental disorders are on the rise driving the need for various restorative and surgical procedures.

Moreover, increasing penetration of dental insurance plans globally and medical tourism in regions like Asia Pacific is expanding access to dental care and contributing to market growth. Countries like India, China, Mexico are becoming popular medical tourism destinations for cost effective dental treatments further boosting the dental suture market.

Market key trends

The global Dental Suture Market is witnessing rising demand for bioabsorbable suture materials like polyglecaprone and polyglycolic acid sutures as they dissolve naturally in the body post procedure avoiding need for removal. They lower risk of infection and are becoming materials of choice for internal tissue repairs. With increasing focus on developing reliable and safe suturing products demand for advanced bioabsorbable sutures is on the rise in the dental suture market.

Porter’s Analysis

Threat of new entrants: Low capital requirements but established players dominate distribution channels.

Bargaining power of buyers: Buyers have moderate bargaining power due to presence of substitutes but suppliers have brand recognition.

Bargaining power of suppliers: A few global players control supply but new localized players emerging.

Threat of new substitutes: Threat is low as sutures have significant use in dental surgeries with no cost effective substitutes.

Competitive rivalry: Intense competition among global giants to improve product quality and efficacy.

Geographically, North America accounts for the largest share of the dental suture market currently. This is attributed to factors such as increasing prevalence of periodontal diseases, rising demand for cosmetic dentistry, growing medical tourism, and presence of advanced healthcare infrastructure. The Asia Pacific region is expected to witness the fastest growth during the forecast period owing to rapidly developing economy, rising healthcare spending, growing medical tourism, and increasing awareness about oral healthcare. India and China alone contribute to over one-third of the global population, thereby presenting lucrative opportunities.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it