Automated Suturing Devices Market Size, Share and Global Trend By Type (Reusable, Disposable), By Application (Cardiovascular, Gynecological, Gastrointestinal, Orthopedic, Ophthalmic, Abdominal), By End User (Clinics, Ambulatory Surgery Centres, Hospitals), Regional Forecast, 2024-2032
KEY MARKET INSIGHTS
In 2018, Ethicon US, LLC. launched a range of automated surgical suturing devices such as HARMONIC HD 1000i, ECHELON FLEX GST System, 3 STRATAFIX Knotless Tissue Control Device and others, in order to provide better-suturing efficiency for bariatric surgeries. Automated suturing devices works with minimal incision, minimal blood loss, reduced needle injuries and infection free suturing which plays an important role in the outcome of surgical procedures. The complexity of certain surgical procedures is prominently reduced by automated suturing devices. The automated suturing devices are capable of producing a dual row of sutures, sewing around the skin, and tying a knot.
The rising number of surgical procedures is prominently expected to drive the growth of the global automated suturing device market. Moreover, rising geriatric population, large patient pool, rising prevalence of chronic diseases such as cancer, diabetes and others may lead to growth of surgeries projected to followed by to higher adoption of automated suturing devices during the forecast period.
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Lack of infrastructure in emerging nations and increased risk of device failures are restraining the growth of the global automated suturing device market.
Key Players Covered
Some of the major companies operating in the global automated suturing device market are Ethicon US, LLC., Smith & Nephew, Medtronic, B. Braun Melsungen AG, Péters Surgical, EndoEvolution, LLC., Boston Scientific Corporation, Sutures India, Sutrue, Apollo Endosurgery, Inc., BD and others.
SEGMENTATION
SEGMENTATION | DETAILS |
By Type | · Reusable · Disposable |
By Application | · Cardiovascular · Gynecological · Gastrointestinal · Orthopedic · Ophthalmic · Abdominal · Others |
By End User | · Clinics · Ambulatory Surgery Centres · Hospitals · Others |
By Geography | · North America (USA and Canada) · Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe) · Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific) · Latin America (Brazil, Mexico and Rest of Latin America) · Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa) |
Among the segmentation, disposable in the device type segment is expected to hold a considerable share of the global automated suturing device market owing to extensively increasing surgical procedures in developed as well as emerging nations.
Key Insights
- Key strategies of leading market players
- Number of surgical procedures – for key countries
- Introduction of new products/approvals (by major players)
- Recent industry developments - mergers, acquisitions and partnerships
Regional Analysis
North America is expected to dominate the global automated suturing device market owing to exponentially rising surgical procedures. Also, the rising prevalence of chronic conditions such as cardiovascular diseases, urologic abnormalities, and growth in occupational injuries offers huge potential for surgical procedures, which will eventually increase the adoption of the automated suturing device. According to estimates given by American Society for Metabolic and Bariatric Surgery (ASMBS), in 2017, the rate of bariatric surgeries is expected to grow by 8.0% during the forthcoming period in the U.S. Asia Pacific and Middle East & Africa also hold huge potential for the growth of global automated suturing device market. Moreover, an aging population, the growing rate of bariatric surgeries, and growing number of healthcare facilities offer significantly higher opportunity for growth of surgical procedures which is expected to result in higher adoption of the automated suturing device in emerging nations.
Key Industry Developments
- In May 2018, Medtronic launched SILS(TM), an automated suturing device with aim to offer efficiency in advanced laparoscopic surgeries.
- In May 2018, Nobles Medical Technologies II showcased their new product, Noblestitch PFO Closure suturing device, which had got FDA approval in March 2017.
- In June 2018, Apollo Endosurgery, Inc. got FDA approval for its newly developed automated suturing device, OverStitch Sx system.
- Ongoing
- 2023
- 2019-2022
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