Step 1: The pictured suture is the classic natural absorbable thread known as catgut.
Step 2: Its real source is the collagen-rich submucosa of sheep intestine or the serosa of cattle, not the gut of a cat or a rabbit.
Step 3: Because it is animal collagen, the body removes it through proteolytic enzymes that digest the protein at the wound site, so it disappears by enzymatic breakdown rather than hydrolysis.
Step 4: Hence the correct statement is that the material is degraded by enzymatic degradation.
\[\boxed{\text{Degraded by enzymatic degradation}}\]