Global Automated Suturing Devices Market, By Product (Disposable, Reusable), Application (Cardiac, Orthopedic, Ophthalmic, Dental, Gynecological), End-Use (Hospitals and Clinics, Ambulatory Surgical Centers, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
The automated suturing devices market is expected to witness market growth at a rate of 6.65% in the forecast period of 2021 to 2028 and is expected to reach USD 1,316.64 million by 2028. Data Bridge Market Research report on automated suturing devices market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the rate of surgeries globally is escalating the growth of automated suturing devices market.
The automated suturing devices refer to instruments that facilitate suturing procedures during open surgery and minimally invasive surgery. They are generally utilized in trauma cases and surgical procedures requiring surgery. These surgeries are known to offer better wound healing reducing hospital stay duration of patients post-surgery.
The increase in the rate of accidents and trauma cases, accelerating the number of surgeries across the globe acts as one of the major factors driving the growth of automated suturing devices market. The rise in the prevalence of chronic conditions such as heart attacks due to unhealthy eating habits and sedentary lifestyle and the inclination towards minimally invasive surgeries as they are known to be less painful and offer fast recovery accelerate the automated suturing devices market growth. The surge in the minimally invasive surgeries including endoscopic surgeries, appendectomy surgeries, gynecologic surgeries, orthopedic surgeries, laparoscopic surgeries and plastic and reconstructive surgeries further influence the automated suturing devices market. Additionally, high usage in Caesarean sections to reduce maternal blood loss, research and development activities, improving healthcare infrastructure, growth in geriatric population and surge in healthcare expenditure positively affect the automated suturing devices market. Furthermore, rise in demand for advanced techniques and devices and technological advancements extend profitable opportunities to the automated suturing devices market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the device and low availability of the products is the factors expected to obstruct the automated suturing devices market growth. Dearth of skilled professionals is projected to challenge the automated suturing devices market in the forecast period of 2021-2028.
This automated suturing devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on automated suturing devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Automated Suturing Devices Market Scope and Market Size
The automated suturing devices market is segmented on the basis of product, application and end-use. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product, the automated suturing devices market is segmented into disposable and reusable.
- On the basis of application, the automated suturing devices market is segmented into cardiac, orthopedic, ophthalmic, dental and gynecological.
- On the basis of end-use, the automated suturing devices market is segmented into hospitals and clinics, ambulatory surgical centers and others.
Global Automated Suturing Devices Market Country Level Analysis
The automated suturing devices market is analyzed and market size insights and trends are provided by country, product, application and end-use as referenced above.
The countries covered in the global automated suturing devices market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the automated suturing devices market due to the presence of key players, rise in occupational injuries, accidents and trauma, increase in number of surgeries, high number of patients, supportive healthcare policies and established healthcare infrastructure in the region.
The country section of the automated suturing devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The automated suturing devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for automated suturing devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on automated suturing devices market. The data is available for historic period 2011-2019.
Competitive Landscape and Automated Suturing Devices Market Share Analysis
The automated suturing devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to automated suturing devices market.
The major players covered in the automated suturing devices market report are BD, EndoEvolution, LLC, EndoEvolution, LLC, SuturTek Inc., Medtronic, Smith+Nephew, Apollo Endosurgery, Inc., CENTENIAL SURGICAL SUTURE LTD, Boston Scientific Corporation, LSI Solutions, Inc., Medical Devices Business Services, Inc., B. Braun Melsungen AG, DemeTECH Corporation, Surgical Specialties Corporation, Mellon Medical B.V., Peters Surgical, Allumer Medical Pvt. Ltd., Sutrue Limited among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.