Market Highlights:
Global Automated Suturing Devices Market Research Report: Information by Type (Disposable and Reusable), Application (Cardiac, Orthopedic, Ophthalmic, Dental and Gynecological), End-Use (Hospitals Clinics, Ambulatory Surgical Centers and others) and Region (Americas, Europe, Asia-Pacific and Middle East Africa) – Forecast till 2027
Automated Suturing Devices Market is expected to register a 6.9% CAGR during the forecast period of 2019 to 2025 and will achieve USD 628.4 Million in 2025. The market was valued at USD 475.8 Million in 2018.
Sutures are sterile surgical instruments used for the closure of surgical incision or wound. Sutures are either automated or manually operated devices. Demand for automated suturing devices is increasing due to an increase in the number of surgeries performed in the hospital, demand of safe closure of surgical site, prevention of hospital acquired infection, and improved quality of healthcare.
There is an increasing demand for automated suturing devices in the market owing to an increasing number of surgical procedures in hospitals and rising prevalence of chronic diseases. The market is further stimulated by a technology advancement in surgical devices having applications in various fields of medicine such as dentistry, gynaecology, cardiology, urology, and others.
Key Players in the Automated Suturing Devices market:
Key players in the automated devices market are Ethicon Inc. (Subsidiary of Johnson Johnson) (U.S.), B. Braun Melsungen AG (Germany), Medtronic plc. (Ireland), DemeTECH Corporation (U.S.), Smith Nephew plc (U.K.), Péters Surgical (France), EndoEvolution LLC (U.S.), Boston Scientific Corporation (U.S.) and Sutures India Pvt. Ltd. (India). The main focus of these players is tapping the market in developing regions across the globe.
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Segmentation:-
The global automated suturing devices has been segmented based on type, application, and end use. The global market, based on type, has been divided into disposable and reusable. The reusable segment is expected to have the largest market as these devices are used in various surgeries and do not need to be disposed as medical waste after the completion of a single procedure.
The global market, based on application, has been classified into cardiac, orthopedic, ophthalmic, dental, and gynecological. Among this, the cardiac segment is expected to be the largest in terms of value due to the increasing number of geriatric individuals. Additionally, there are many cardiovascular surgeries being performed every day across the world, owing to the prevalence of cardiovascular diseases.
The global market, based on end use, has been segmented into hospitals clinics, ambulatory surgical centers, and others. Hospitals clinics are expected to be the largest end users of automated suturing devices and the segment is anticipated to hold a major share of the global market due to the increasing number of surgeries.
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