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Bioabsorbable Suture Anchors Market
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Bioabsorbable Suture Anchors Market

Author: Debadatta Patel - Senior Consultant, Report ID - DS1801504, Published - July 2025

Segmented in Material Type (Polyglycolic Acid, Polylactic Acid, Polydioxanone, Caprolactone), Therapeutic Applications (Orthopedic Surgery, General Surgery, Cardiovascular Surgery, Gynecological Surgery, Others), End-User Setting, Distribution Channel and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Bioabsorbable Suture Anchors
Market Outlook

The market for Bioabsorbable Suture Anchors was estimated at $813.9 million in 2024; it is anticipated to increase to $1.3 billion by 2030, with projections indicating growth to around $1.8 billion by 2035. This expansion represents a compound annual growth rate (CAGR) of 7.7% over the forecast period. The impressive rise in the Bioabsorbable Suture Anchors markets growth can be traced back to important factors driving it forward. One of the factors is the growing occurrence of sports injuries and orthopedic conditions that require the application of these cutting edge medical tools. Furthermore the continuous progress in technology and the increasing need for less invasive surgical methods have also heightened the significance of Bioabsorbable Suture Anchors, in the field of healthcare. The markets growth is also driven by the increasing recognition and adoption of these devices by both professionals and patients due, to their ability to improve post surgery results and speed up patient recovery times.


Bioabsorbable Suture Anchors are absorbable tools utilized in surgery for securing sutures without the need for removal procedures because they break down naturally inside the body over time after being used in orthopedic surgeries such as arthroscopic operations and soft tissue repairs due, to their biocompatibility features.


Market Size Forecast & Key Insights

2019
$813M2024
2029
$1.7B2034

Absolute Growth Opportunity = $895M

The Bioabsorbable Suture Anchors market is projected to grow from $813.9 million in 2024 to $1.71 billion in 2034. This represents a CAGR of 7.7%, reflecting rising demand across Orthopedic Surgery, Plastic & Reconstructive Surgery and Dental Procedures.

The Bioabsorbable Suture Anchors market is set to add $895 million between 2024 and 2034, with manufacturer targeting General Surgery & Cardiovascular Surgery Therapeutic Applications projected to gain a larger market share.

With Rising incidences of sports injuries, and Technological advancements in bioabsorbable suture anchors, Bioabsorbable Suture Anchors market to expand 110% between 2024 and 2034.

Opportunities in the Bioabsorbable Suture Anchors Market

Evolving Consumer Needs

The increasing occurrence of sports related injuries and orthopedic conditions associated with aging is contributing towards the popularity of Bioabsorbable Suture Anchors in the market. These anchors are gaining traction among consumers t their perceived advantages like reduced scarring and quicker healing times which are expected lead o a rise, in their demand.

Technological Innovations and Strategic Collaborations

The market for Bioabsorbable Suture Anchors is ready for technological advancements that could improve their performance and reliability through innovative materials and designs while also creating opportunities in various medical fields. Innovative technologies, like 3D printing and nanotechnology have the potential not only enhance the efficiency of manufacturing Bioabsorbable Suture Anchors but also bring about better outcomes for patients and stimulate market expansion.

Collaborations between Bioabsorbable Suture Anchors manufacturers and research institutions have the potential to drive innovation in creating products. It allows for the exchange of expertise and resources which can speed up product development and market entry. This teamwork additionally assists companies, in broadening their lineup of products and extending their reach to address medical conditions and surgical operations.

Growth Opportunities in North America and Asia-Pacific

Asia Pacific Outlook

In comparison the Asia Pacific region offers an quickly changing market for Bioabsorbable Suture Anchors. This market is influenced by a growing population, a rise in orthopedic injuries and increased awareness of advanced surgical techniques. The healthcare sector is expanding, supported by government efforts to enhance healthcare infrastructure, which is boosting the need for Bioabsorbable Suture Anchors. Although there is promising growth challenges include a shortage of professionals and high costs, for procedures. The market is anticipated​ ​to experience growth due the increasing presence of players and the endeavors of domestic producers, in creating affordable Bioabsorbable Suture Anchors.

North America Outlook

The competition is tough in the North American Bioabsorbable Suture Anchors market as many leading companies are competing for their piece of the pie due in part because of the healthcare system and the high number of sports injuries and orthopedic issues in the region that drive the demand for these products. The markets expansion is also being propelled by advancements in suture anchor technology and materials used in their construction, alongside insurance policies and rising healthcare spending. The expensive nature of these state of the art tools presents a hurdle to the expansion of the market.

North America Outlook

The competition is tough in the North American Bioabsorbable Suture Anchors market as many leading companies are competing for their piece of the pie due in part because of the healthcare system and the high number of sports injuries and orthopedic issues in the region that drive the demand for these products. The markets expansion is also being propelled by advancements in suture anchor technology and materials used in their construction, alongside insurance policies and rising healthcare spending. The expensive nature of these state of the art tools presents a hurdle to the expansion of the market.

Asia-Pacific Outlook

In comparison the Asia Pacific region offers an quickly changing market for Bioabsorbable Suture Anchors. This market is influenced by a growing population, a rise in orthopedic injuries and increased awareness of advanced surgical techniques. The healthcare sector is expanding, supported by government efforts to enhance healthcare infrastructure, which is boosting the need for Bioabsorbable Suture Anchors. Although there is promising growth challenges include a shortage of professionals and high costs, for procedures. The market is anticipated​ ​to experience growth due the increasing presence of players and the endeavors of domestic producers, in creating affordable Bioabsorbable Suture Anchors.

Growth Opportunities in North America and Asia-Pacific

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : U.S., Germany, Japan, China, France are expected to grow at 5.0% to 7.4% CAGR

2

Emerging Markets : Brazil, India, South Korea are expected to grow at 8.9% to 10.6% CAGR

Market Analysis Chart

The global market for Bioabsorbable Suture Anchors is driven by several factors. The most significant driver is the increasing prevalence of sports injuries and orthopedic conditions, which necessitate the use of these innovative medical devices. As more individuals engage in physical activities and as the global population ages, the demand for Bioabsorbable Suture Anchors is expected to rise. Another key driver is the technological advancements in the field of Bioabsorbable Suture Anchors.

Recent Developments and Technological Advancement

December 2024

Smith & Nephew launched a new range of Bioabsorbable Suture Anchors, enhancing the products tensile strength and improving patient recovery time

October 2024

Johnson & Johnson announced a strategic partnership with Zimmer Biomet to co-develop advanced Bioabsorbable Suture Anchors, aiming to expand their market presence

August 2024

Medtronic introduced a breakthrough technology in Bioabsorbable Suture Anchors, featuring a unique design for better grip and stability during surgical procedures.

Bioabsorbable Suture Anchors, a significant innovation in the medical field, have been experiencing a surge in demand due to their advanced features and benefits. These specialized medical devices, designed for soft tissue repair, have revolutionized surgical procedures, particularly in sports medicine and orthopedics.

Impact of Industry Transitions on the Bioabsorbable Suture Anchors Market

As a core segment of the Medical Device industry, the Bioabsorbable Suture Anchors market develops in line with broader industry shifts. Over recent years, transitions such as Technological Advancements and Regulatory Changes have redefined priorities across the Medical Device sector, influencing how the Bioabsorbable Suture Anchors market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Technological Advancements:

The bioabsorbable suture anchors sector has seen progress in technology in recent years with the emergence of new materials and designs that have improved the effectiveness and efficiency of these anchors greatly. One notable advancement is the use of materials which have minimized infection risks and tissue reactions leading to better outcomes for patients. Moreover the improvements, in anchor design have made insertion easier. Provided stronger fixation which enhances the overall surgical procedure. The progress in technology has not only just helped the bioabsorbable suture anchors field. It has also brought positive changes to related sectors, like orthopedics and sports medicine.

2

Regulatory Changes:

The bioabsorbable suture anchors industry has also been shaped by changes in regulatory policies. With patient safety and product efficacy being paramount, regulatory bodies worldwide have implemented stringent guidelines for the approval and use of bioabsorbable suture anchors. These changes have compelled manufacturers to invest heavily in research and development to ensure their products meet the required standards.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Medical Device industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Medical Device industry cascade into the Bioabsorbable Suture Anchors market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Rising Incidences of Sports Injuries, and Growing Geriatric Population and Associated Orthopedic Conditions

The rising number of sports related injuries worldwide has also become a factor for the bioabsorbable suture anchors markets growth. Bioabsorbable suture anchors are also mainly utilized in procedures to address bone and soft tissue injuries. Notably there is also an uptick in sports injuries that necessitate arthroscopic surgeries, which is also anticipated to drive up the demand for bioabsorbable suture anchors. These anchors are also favored for their ability to be absorbed by the body eliminating the necessity for a surgery to remove them. They are also thus considered a choice, in the field of sports medicine.
The increasing global geriatric population and the associated rise in orthopedic conditions is also another major market .
The ongoing progress in technology within the suture anchors field is also contributing to the expansion of their market presence as well. Innovations in materials and designs that boost the durability and compatibility with living tissue of these anchors are also forecasted to drive their usage due to their absorption rates. Moreover the shift, towards sized anchors enables more minimally invasive procedures and speedier recovery periods, which is also projected to further boost market growth.

Restraint: High Cost of Bioabsorbable Suture Anchors

The significant market impact of suture anchors is attributed to their expensive nature compared to conventional options due to intricate manufacturing and premium biocompatible materials used in their production process. This elevated price point can hinder their use in regions with limited healthcare budgets despite the advantages they offer; potential customers may be discouraged by the high cost leading to fluctuations, in market demand and dynamics.

Challenge: Regulatory Challenges

The bioabsorbable suture anchors market also faces challenges in terms of stringent regulatory requirements. These products are classified as medical devices and are therefore subject to rigorous testing and approval processes before they can be commercially available. The time and resources required to meet these regulatory standards can delay product launches and increase operational costs for manufacturers. This, in turn, can affect the market dynamics and slow down the overall market growth.

Supply Chain Landscape

Raw Material Suppliers

Evonik Industries

Corbion

Polysciences Inc

Bioabsorbable Polymer Manufacturers

Poly-Med Inc

DSM Biomedical

Evonik Industries

Manufacturers
Arthrex Inc / Smith & Nephew / DePuy Synthes
End Users
Orthopedic Clinics / Hospitals / Ambulatory Surgical Centers
Raw Material Suppliers

Evonik Industries

Corbion

Polysciences Inc

Bioabsorbable Polymer Manufacturers

Poly-Med Inc

DSM Biomedical

Evonik Industries

Manufacturers

Arthrex Inc

Smith & Nephew

DePuy Synthes

End Users

Orthopedic Clinics

Hospitals

Ambulatory Surgical Centers

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Leading Providers and Their Strategies

Application AreaIndustryLeading Providers / ConsumersProvider Strategies
Orthopedic Surgery
Medical Devices
Smith & Nephew
Development of advanced bioabsorbable suture anchors for improved patient outcomes
Arthroscopy
Healthcare
Arthrex
Investing in research and development to enhance the performance of bioabsorbable suture anchors
Dental Surgery
Dental Care
Zimmer Biomet
Focusing on the design of bioabsorbable suture anchors to ensure secure and reliable soft tissue reattachment
Cardiovascular Procedures
Healthcare
Medtronic
Innovation in bioabsorbable suture anchors to cater to complex cardiovascular procedures

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Bioabsorbable Suture Anchors market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Bioabsorbable Suture Anchors in Dental Procedures and Plastic & Reconstructive Surgery and Orthopedic Surgery

Dental Procedures and Plastic & Reconstructive Surgery

In dental surgeries, bioabsorbable suture anchors are commonly used for procedures such as guided bone regeneration and periodontal surgeries. These anchors, often made from polyglycolic acid , provide secure fixation and promote bone growth, enhancing the success rate of these procedures. Leading companies in this application include Zimmer Biomet and Dentsply Sirona, known for their high-quality dental implants and suture anchors.



Bioabsorbable suture anchors find significant application in plastic and reconstructive surgeries. They are used for soft tissue reattachment and contouring procedures, where their biocompatibility and bioabsorbability are crucial.

Orthopedic Surgery

Bioabsorbable suture anchors are widely used in orthopedic surgeries, particularly in procedures involving the shoulder, knee, and ankle. These anchors, predominantly made from polylactic acid , are favored for their ability to gradually dissolve and be replaced by natural bone tissue over time. This eliminates the need for a second surgery to remove the anchors, reducing patient discomfort and recovery time. Top players in this application include Smith & Nephew and Arthrex, both recognized for their innovative designs and superior product performance in the orthopedic market.

Bioabsorbable Suture Anchors vs. Substitutes:
Performance and Positioning Analysis

Bioabsorbable Suture Anchors offer superior tissue integration and reduced complications compared to metallic anchors, positioning them as a promising growth sector in the orthopedic market. These Alternatives specially Interference Screws has experienced a rapid growth as detailed in our latest report.

Bioabsorbable Suture Anchors
  • Metal Suture Anchors /
  • Interference Screws /
  • Knotless Tissue Repair Systems
    High biocompatibility, reduced risk of postoperative complications
    High cost, potential for slower healing process
    High tensile strength, Durability
    Potential for tissue irritation, Higher cost

Bioabsorbable Suture Anchors vs. Substitutes:
Performance and Positioning Analysis

Bioabsorbable Suture Anchors

  • High biocompatibility, reduced risk of postoperative complications
  • High cost, potential for slower healing process

Metal Suture Anchors / Interference Screws / Knotless Tissue Repair Systems

  • High tensile strength, Durability
  • Potential for tissue irritation, Higher cost

Bioabsorbable Suture Anchors offer superior tissue integration and reduced complications compared to metallic anchors, positioning them as a promising growth sector in the orthopedic market. These Alternatives specially Interference Screws has experienced a rapid growth as detailed in our latest report.

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Research Methodology

This market research methodology defines the Bioabsorbable Suture Anchors market scope, gathers reliable data, and validates findings using integrated primary and secondary research. Our systematic framework ensures precise market sizing, growth trend analysis, and competitive benchmarking.


Secondary Research Approach


We begin secondary research by defining the targeted market at Country and Regional levels. As part of the Medical Device ecosystem, we analyze Bioabsorbable Suture Anchors across Hospitals, Ambulatory Surgical Centers, and Specialty Clinics Applications. Our team gathers data systematically from country level ministerial sources, industry associations & federations, trade databases, company annual & quarterly reports and other credential sources, enabling us to map global and regional market size, pricing trends, regulatory standards, and technology advancements.


Key Sources Referenced:


We benchmark competitors such as Arthrex Inc., Johnson & Johnson, and Smith & Nephew plc by reviewing company financial statements, and regulatory filings. Our secondary insights identify key market drivers and constraints, forming the analytical foundation for primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Raw Material Suppliers, Bioabsorbable Polymer Manufacturers, and Manufacturers. Our geographic coverage spans Americas (40%), Europe (30%), Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally achieve a response rate of above 65%, and telephone interviews yield 60%, resulting in above 92% confidence level with a ±7% margin of error.


Through targeted questionnaires and in-depth interviews, we capture purchase intent, adoption barriers, brand perception across Segment Type. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering & Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down & Bottom-Up Process


In Top-down approach, we disaggregate global Medical Device revenues to estimate the Bioabsorbable Suture Anchors segment, using historical growth patterns to set baseline trends. Simultaneously, in Bottom-up approach, we aggregate Country-Level Demand Data to derive regional and global forecasts, which provide granular consumption insights. By reconciling both approaches, we ensure statistical precision and cross-validation accuracy.


We evaluate the supply chain, spanning Raw Material Suppliers (Evonik Industries, Corbion), Bioabsorbable Polymer Manufacturers (Poly-Med Inc, DSM Biomedical), and Manufacturers. Our parallel substitute analysis examines Metal Suture Anchors, Interference Screws, and Knotless Tissue Repair Systems, highlighting diversification opportunities and competitive risks.


Company Market Share & Benchmarking


We benchmark leading companies such as Arthrex Inc., Johnson & Johnson, and Smith & Nephew plc, analyzing their capabilities in pricing, product features, technology adoption, and distribution reach. By assessing company-level revenues and product portfolios, we derive market share comparisons, clarifying competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, supply chain evaluation, and company benchmarking, supported by our proprietary Directional Superposition methodology enables us to deliver precise forecasts and actionable strategic insights into the Bioabsorbable Suture Anchors market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Bioabsorbable Suture Anchors Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 876 million
Revenue Forecast in 2034USD 1.71 billion
Growth RateCAGR of 7.7% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 2024813 million
Growth OpportunityUSD 895 million
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD million and Industry Statistics
Market Size 2024813 million USD
Market Size 20271.02 billion USD
Market Size 20291.18 billion USD
Market Size 20301.27 billion USD
Market Size 20341.71 billion USD
Market Size 20351.84 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredMaterial Type, Therapeutic Applications, End-User Setting, Distribution Channel
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledArthrex Inc., Johnson & Johnson, Smith & Nephew plc, Zimmer Biomet Holdings Inc., Stryker Corporation, CONMED Corporation, Medtronic plc, DePuy Synthes, Wright Medical Group N.V., Parcus Medical LLC, Bioretec Ltd. and Tornier N.V.
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Bioabsorbable Suture Anchors Market Size, Opportunities & Strategic Insights, by Material Type

4.1Polyglycolic Acid
4.2Polylactic Acid
4.3Polydioxanone
4.4Caprolactone
Chapter 5

Bioabsorbable Suture Anchors Market Size, Opportunities & Strategic Insights, by Therapeutic Applications

5.1Orthopedic Surgery
5.2General Surgery
5.3Cardiovascular Surgery
5.4Gynecological Surgery
5.5Others
Chapter 6

Bioabsorbable Suture Anchors Market Size, Opportunities & Strategic Insights, by End-User Setting

6.1Hospitals
6.2Ambulatory Surgical Centers
6.3Specialty Clinics
6.4Others
Chapter 7

Bioabsorbable Suture Anchors Market Size, Opportunities & Strategic Insights, by Distribution Channel

7.1Direct Sales
7.2Medical Stores
7.3Online Sales
Chapter 8

Bioabsorbable Suture Anchors Market, by Region

8.1North America Bioabsorbable Suture Anchors Market Size, Opportunities, Key Trends & Strategic Insights
8.1.1U.S.
8.1.2Canada
8.2Europe Bioabsorbable Suture Anchors Market Size, Opportunities, Key Trends & Strategic Insights
8.2.1Germany
8.2.2France
8.2.3UK
8.2.4Italy
8.2.5The Netherlands
8.2.6Rest of EU
8.3Asia Pacific Bioabsorbable Suture Anchors Market Size, Opportunities, Key Trends & Strategic Insights
8.3.1China
8.3.2Japan
8.3.3South Korea
8.3.4India
8.3.5Australia
8.3.6Thailand
8.3.7Rest of APAC
8.4Middle East & Africa Bioabsorbable Suture Anchors Market Size, Opportunities, Key Trends & Strategic Insights
8.4.1Saudi Arabia
8.4.2United Arab Emirates
8.4.3South Africa
8.4.4Rest of MEA
8.5Latin America Bioabsorbable Suture Anchors Market Size, Opportunities, Key Trends & Strategic Insights
8.5.1Brazil
8.5.2Mexico
8.5.3Rest of LA
8.6CIS Bioabsorbable Suture Anchors Market Size, Opportunities, Key Trends & Strategic Insights
8.6.1Russia
8.6.2Rest of CIS
Chapter 9

Competitive Landscape

9.1Competitive Dashboard & Market Share Analysis
9.2Company Profiles (Overview, Financials, Developments, SWOT)
9.2.1Arthrex Inc.
9.2.2Johnson & Johnson
9.2.3Smith & Nephew plc
9.2.4Zimmer Biomet Holdings Inc.
9.2.5Stryker Corporation
9.2.6CONMED Corporation
9.2.7Medtronic plc
9.2.8DePuy Synthes
9.2.9Wright Medical Group N.V.
9.2.10Parcus Medical LLC
9.2.11Bioretec Ltd.
9.2.12Tornier N.V.