(PharmaNewsWire.Com, May 14, 2019 ) 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.
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.
Braun Melsungen Ag Medtronic Ethicon Usa, Llc Smith & Nephew Atramat Demetech Corporation Sutures India Péters Surgical Teleflex Medical Oem Serag-Wiessner Gmbh & Co. Kg Market Segmentation
Product Insights
The global surgical suture market by product was led by absorbable sutures segment. In 2017, the absorbable sutures segment held a largest market share of 59.1% of the surgical suture market, by product. The segment is also expected to dominate the market during the year 2025, since manufacturers operating in the surgical sutures market are focusing towards developing new suture material, improving the strength of the thread, degradable property and minimally invasive forms of suturing devices.
Application Insights
The surgical suture market by application was segmented into cardiovascular surgery, gynecological surgery, ophthalmic surgery, orthopedic surgery, general surgery and others. The cardiovascular surgery segment held the largest share of the market, by application. The general surgery segment is also anticipated to witness rapid growth during the forecast period, owing to the rising demand of sutures requires for the general suturing, wound healing and more
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