Surgical Suture Market Key Leaders Analysis, Segmentation, Growth, Regional Forecast to 2025

the South and Central America surgical sutures market is expected to experience growth in the coming years. The rise in health system is leading the growth of the surgical sutures market. For instance, health system of Venezuela works under the protocols of National Health System that includes the public and private subsectors. These subsectors are fragmented segmented according to their characteristics that defines the health system in Venezuela.
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The Ministry of Health is a regulatory agency of government which cover the Comprehensive Health; Public Health Networks; Hospitals; Resources, Technology, and Regulation; and Outpatient Health Care Networks. Similarly, the others public facility includes Venezuelan Social Security Institute (IVSS), the Institute for Social Welfare of the Ministry of Education, the Institute of Social Welfare of the Armed Forces, the Corporacion Venezolana de Guayana, and Petróleos de Venezuela S.A
Government Support for Healthcare Industry
There have been increase in the government support for the healthcare facilities and the infrastructure for the healthcare service centers are improved or up gradated with the advanced instruments, equipment and other products. For instance, for the growth of the surgical suture industry, the European Association of the Surgical Suture Industry (EASSI) serves as platform for discussing the information and setting specific regulations, standards and initiatives for healthcare sectors.
Emphasis for Medical Tourism

Medical tourism is one of the major driving factors propelling the growth of the surgical sutures market. Medical tourism is rising in North America and in Asia Pacific. Along with these region Middle East is focusing more on the development of medical tourism. The countries in these regions are offer best quality services in the low price. The patients travel to the countries due to the use of the sophisticated and advanced medical technology products, devices and equipment. Medical tourism is preferred in cases where surgeries, dental and medical care are provided at an affordable price. Thus, the medical tourism is leading to the growth of the surgical sutures in the forecasted period.
Strategic Insights
Product launches and expansions were observed as the most adopted strategy in global surgical suture industry. Few of the launches and expansions made by the players in the market are listed below:
2018: In May, 2018, Telelfex launched advanced braiding technology that enabled the division of a suture into multiple end branches or integrate several ‘loops’ into the strand.
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2017: In November, 2017, Teleflex, launched a new technology Force Fusion Suture, it is two-in-one construct transitions from round suture to a flat braid center segment and back to round suture. Which will allow more uniform distribution of pressure than similar suture.

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