Global Polyglycolic Acid Suture Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Polyglycolic Acid Suture industry revenue is expected to be around $1.2 billion in 2025 and expected to showcase growth with 7.4% CAGR between 2025 and 2034. The Polyglycolic Acid Suture market demonstrates strong growth because of its expanding importance in medical applications. The medical community selects polyglycolic acid sutures because they possess high tensile strength and excellent knot security properties. The market continues to grow because of surgical procedure advancements and increasing chronic disease cases that need surgical treatment. The worldwide acceptance of polyglycolic acid sutures for wound closure and tissue repair applications has driven market growth.
Polyglycolic Acid Suture functions as a synthetic absorbable braided surgical thread which surgeons value for its excellent handling properties and reliable absorption timeline. The medical community uses this suture for soft tissue approximation and ligation procedures in ophthalmic and orthopedic and gastrointestinal surgeries. The suture has gained more popularity because of recent advances in minimally invasive surgical techniques and new suture materials and technologies.
Market Key Insights
- The Polyglycolic Acid Suture market is projected to grow from $1.1 billion in 2024 to $2.3 billion in 2034. This represents a CAGR of 7.4%, reflecting rising demand across General Surgery, Orthopedic Surgery and Dental Procedures.
- Johnson & Johnson, Medtronic, Peters Surgical are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Polyglycolic Acid Suture market and are expected to observe the growth CAGR of 4.8% to 7.1% between 2024 and 2030.
- Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 8.5% to 10.2%.
- Transition like Advancements in Surgical Techniques is expected to add $71 million to the Polyglycolic Acid Suture market growth by 2030.
- The Polyglycolic Acid Suture market is set to add $1.2 billion between 2024 and 2034, with manufacturer targeting Orthopedic Surgery & Dental Surgery Clinical Applications projected to gain a larger market share.
- With Rising demand for surgical procedures, and Increasing adoption of biodegradable products, Polyglycolic Acid Suture market to expand 104% between 2024 and 2034.