Global Automated Suturing Devices Market Size, Share, and COVID-19 Impact Analysis, By Product (Disposable, Reusable), By Application (Cardiac, Orthopedic, Gastrointestinal, Ophthalmic), By End Use (Hospitals, Ambulatory Surgical Centers, Others), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 - 2030
Industry: HealthcareGlobal Automated Suturing Devices Market Insights Forecasts to 2030
- The Automated Suturing Devices Market was valued at USD 3.5 Billion in 2021.
- The Market is growing at a CAGR of 7.5% from 2022 to 2030
- The Worldwide Automated Suturing Devices Market is expected to reach USD 5.7 Billion by 2030
- Asia Pacific is expected to grow the fastest during the forecast period
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The Global Automated Suturing Devices Market is expected to reach USD 5.7 Billion by 2030, at a CAGR of 7.5% during the forecast period 2022 to 2030.
Suturing devices are mainly used for covering wounds and repairing injuries in the body. These devices are used in gynecology, orthopedic, cardiovascular surgery, ophthalmology, laparoscopy, and others. Surgical suture devices are made with automatic or used suture devices. Automatic or pre-owned suture devices can be utilised to create surgical suture devices. Surgery is closed with a suture needle. Default hardware can be thrown away or used again. Due to patient safety concerns and the need to prevent infection, disposable suture devices are frequently used.
Automated Suturing Devices devices are used while doing suturing operations and are also used in open surgical as well as minimally invasive procedures. These devices are available in two types, namely, reusable Automated Suturing Devices devices and disposable Automated Suturing Devices devices which are sewed around the skin.
Impact of COVID 19 On Global Automated Suturing Devices Market
There was an increasing demand for medical supplies to take care of infected people. Certain respiratory support devices like life support machines, atomizers, monitors, and oxygen generators are some of the majorly used device in the field of primary clinical treatment. Apart from this, COVID 19 has resulted into the sudden increase in the demand for medical supplies like personal equipment such as gloves, masks, and protective eyeglasses. Furthermore, there was a surge in the requirement of medical supplies from civil population and healthcare professionals to take precautionary measures due to the increase in the number of COVID 19 cases across the world. The manufacturers have the opportunity to increase the demand for medical supplies in order to ensure continuous and adequate supply of personal protective equipment in the global market.
Global Automated Suturing Devices Market Report Coverage
Report Coverage | Details |
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Base Year: | 2021 |
Market Size in 2021: | USD 3.5 Billion |
Forecast Period: | 2021-2030 |
Forecast Period CAGR 2021-2030 : | 7.5% |
2030 Value Projection: | USD 5.7 Billion |
Historical Data for: | 2017-2020 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 100 |
Segments covered: | By Product, By Application, By End Use, By Region, and COVID-19 Impact Analysis |
Companies covered:: | Apollo endosurgery, Inc., Boston scientific, corp, Smith & Nephew plc, Medical Devices Business Services, Inc., Becton, Dickinson, and company, Mellon Medical B.V., Surgical Specialties Corporation., B. Braun Holding GmbH & Co. KG, DemeTECH Corporation |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
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Key Driving Factors
The rising prevalence of chronic ailments like cardiac arrest due to the hectic lifestyles and unhealthy eating habits are estimated to the increase the overall growth of the global Automated Suturing Devices market. Apart from this, the increase in the geriatric population, increasing surgical procedures, and rise in the number of trauma, as well as the rising adoption of minimally invasive procedures are anticipated to propel the market over the forecast period. For instance, according to the World Health Organization, the number of people who are above 60 years of age and children below 5 years of age and in 2050, 80% of elderly will be living in low as well as developing national which is going to provide the positive impact to the market over the upcoming years.
Apart from this the increasing number of surgical procedures are performed across the world. As per the OMICS International Conferences, 2015, approx. 234 million surgeries were performed over a year. In the United States, 17.5 million cosmetic surgical and minimally invasive treatments were carried out in 2017. This demonstrates that more procedures are anticipated to be conducted in the near future. As a result, it is projected that use of automated suturing devices will increase during the projection period.
Market Segmentation
Application Insights
Cardiac segment holds the largest market share over the forecast period
On the basis of application, the global automated suturing devices market is segmented into Cardiac, Orthopedic, Gastrointestinal, Ophthalmic. Among these, the cardiac segment is dominating the market with the largest market share over the forecast period. The growth is attributed to the increasing burden of cardiovascular problems and rising number of surgical procedures which is propelling the segmental growth. In addition, the increasing number of elderly people is also propelling the global orthopedic market because the people who more than 60 years of age are at the high risk of suffering from orthopedic problems. These days the cases of injuries associated with sports also significantly increasing and the rise in the number of road accidents is resulting into the trauma cases which is driving the market growth.
Product Insights
Reusable segment is dominating the market with the highest market share over the forecast period
Based on the product, the global automated suturing devices market is segmented into disposable and reusable. Among these, reusable segment is dominating the market with the highest market share over the forecast period due to certain factors such as these devices control the infection which might happen during procedures followed by proper sterilization procedures and it results to minimal injury of the tissues. Moreover, the price of reusable automated suturing devices are low and they available in market which is anticipated to drive the market over the forecast period.
End Use Insights
Hospital segment registers the highest market share over the forecast period
On the basis of end use, the global automated suturing devices market is segmented into hospitals, ambulatory surgical centers, others. Among these, the hospital segment registers the highest market share over the forecast period. The growth is attributed to the increase in the number of admissions taking place in the hospitals which are driving segmental growth. Moreover, availability of hospitals and its easy accessibility and favourable reimbursement policies are anticipated to boost the market growth.
Regional Insights
North America is dominating the market with the largest market share over the forecast period
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North America is dominating the market with the largest market share over the forecast period. The growth is attributed to the increasing geriatric population as well as the rising number of surgeries in the hospitals. Furthermore, an increasing preference of robot assisted minimally invasive surgeries is also anticipated to the propel the demand and technological advancements in automated suturing devices.
Asia Pacific, on the other hand is anticipated to witness the fastest market growth due the increasing number of chronic disorders and increasing consumer awareness which are anticipated to fuel the market growth over the region.
Recent Market Developments
- In December 2019, Apollo Endo-surgery, Inc. received FDA approval for its innovative Polypropylene Suture Anchor Assembly which is used with the overstitch endoscopic suturing system.
List of Key Companies
- Apollo endosurgery, Inc.
- Boston scientific, corp
- Smith & Nephew plc
- Medical Devices Business Services, Inc.
- Becton
- Dickinson, and company
- Mellon Medical B.V.
- Surgical Specialties Corporation.
- B. Braun Holding GmbH & Co. KG
- DemeTECH Corporation
Market Segment
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. Spherical Insights has segmented the global Automated Suturing Devices Market based on the below-mentioned segments:
Automated Suturing Devices Market, Product Analysis
- Disposable
- Reusable
Automated Suturing Devices Market, Type Analysis
- Cardiac
- Orthopedic
- Gastrointestinal
- Ophthalmic
- Dental
- Gynecological
- Others
Automated Suturing Devices Market, End Use Analysis
- Hospitals
- Ambulatory Surgical Centers
- Others
Automated Suturing Devices Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
Frequently Asked Questions (FAQ)
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1. What is the market size of Automated Suturing Devices Market?The global Automated Suturing Devices Market is expected to grow from USD 3.5 Billion in 2021 to USD 5.7 Billion by 2030, at a CAGR of 7.5% during the forecast period 2022-2030.
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2. Who are the key market players of Automated Suturing Devices Market?Some of the key market players of Automated Suturing Devices Market are Apollo endosurgery, Inc., Boston scientific, corp, Smith & Nephew plc, Medical Devices Business Services, Inc.,, Becton, Dickinson, and company, Mellon Medical B.V., Surgical Specialties Corporation., B. Braun Holding GmbH & Co. KG, DemeTECH Corporation.
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3. Which segment hold the largest market share?Hospitals segment hold the largest market share is going to continue its dominance.
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4. Which region is dominating the Automated Suturing Devices Market?North America is dominating the Automated Suturing Devices Market with the highest market share.
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