The global dental suture market is primarily driven by the increasing prevalence of dental injuries and infections that require dental surgical interventions. Dental sutures are widely used in surgical procedures like tooth extraction, dental implant placement, gum surgeries, cleft lip and palate repair, and dental trauma for wound closure. Dental sutures provide accurate wound approximation and help achieve primary wound closure which promotes faster healing. The advantages of dental sutures over conventional wound closure methods include increased accuracy during placement, enhanced wound eversion and wound edge adaptation, decreased risk of infection, and improved cosmetic outcomes. The growing demand for effective and long-lasting wound closure solutions is further fueling the demand for advanced suture materials in dental procedures.
The Global dental suture market is estimated to be valued at US$ 217.42 Bn in 2024 and is expected to exhibit a CAGR of 6.9% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the dental suture 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. Demand for dental suture is growing significantly owing to the increasing incidence of dental injuries and surgical procedures. The global dental suture market is witnessing strong growth in demand driven by increasing awareness about oral healthcare and rising medical tourism in developing regions.
The growing global geriatric population is another key factor responsible for the surging demand for dental suture solutions. Older adults are more prone to dental injuries, gum diseases, and infections that often require surgical treatments involving the use of dental sutures. According to the United Nations, the number of people aged 60 years or above is expected to more than double by 2050 and reach around 2 billion from the current estimate of 900 million. This rising geriatric demographic will continue driving the sales prospects of dental sutures in the coming years.
The Dental Suture Market is expanding rapidly at the global level with strong sales witnessed across developing and developed regions. Key players are expanding their manufacturing and distribution footprint in high growth regions like Asia Pacific and Latin America. They are also strengthening their supply chain and dealer networks to ensure smooth product availability across remote and rural areas. Mounting medical tourism coupled with increasing penetration of private dental insurances will further support the global expansion of the dental suture market during the forecast period.
Market key trends
One of the key trends observed in the dental suture market is the growing preference for absorbable sutures over non-absorbable types. Absorbable dental sutures made from materials like catgut, polyglycolic acid (PGA), and polyglactin 910 offer advantages like reduced chances of infection compared to metallic or nylon non-absorbable sutures. They get absorbed into the body naturally over time without requiring removal which make them more convenient for patients. With ongoing R&D, manufacturers are developing advanced bio-absorbable sutures with enhanced strength retention and knot security profiles catering to the rising needs of dental surgeons.
Porter’s Analysis
Threat of new entrants: High costs of establishing facilities and production units to produce sutures pose as a barrier for new players to enter the market.
Bargaining power of buyers: The market has a significant number of buyers like hospitals and clinics which have bargaining power considering the availability of substitutes like skin adhesives.
Bargaining power of suppliers: Suppliers have moderate bargaining power due to availability of raw materials like polymers like polyglycolic acid (PGA), natural and synthetic compounds from limited number of suppliers.
Threat of new substitutes: Skin adhesive poses as a major threat being cheaper and causes less pain compared to sutures.
Competitive rivalry: The market is consolidated with top players occupying majority share intensifying competition.
The geographical region where the dental suture market is concentrated in terms of value is North America. Factors contributing to its large share include high prevalence of dental diseases, availability of advanced technologies, and favorable reimbursement policies.
The Asia Pacific region is poised to witness the fastest growth during the forecast period owing to rapidly developing healthcare infrastructure, increasing awareness about oral health, and improving reimbursement scenario. Growing geriatric population suffering from oral diseases and rising medical tourism are also propelling the market in the region.