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Automated Suturing Devices Market Synopsis 2018 to 2023; Leading Players are Boston Scientific Corporation, EndoEvolution, Medtronic, etc.
Automated Suturing Devices Market
Automated Suturing Devices Market Highlights:
Global market of automated suturing devices is expected to reach USD 4.50 billion in 2023 from USD 2.95 billion in 2016 with a CAGR of approximately 7.2% during the forecast period 2017-2023. 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.
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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.
Leading Players:
Ethicon Inc. (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).
Regional Analysis:
Globally, automated suturing devices market consists of four regions Americas, Europe, Asia-Pacific and Middle East and Africa. America is the largest market. Technological advancement in suturing devices and demand of safe and disposable suturing devices boost the growth of this market in America. Europe is the second largest market. Due to rapid adoption of new devices and increasing healthcare expenditure, Asia Pacific shows fastest growth in this market. India is expected to be the emerging and fastest growing market. While Middle East and Africa market has shown limited growth during the forecast period.
Segmentation:
Global Automated suturing devices market has been segmented on the basis of type of suturing device which includes disposable and reusable suturing devices. On the basis of application the market is segmented into cardiac, orthopedic, ophthalmic, dental, gynecological and other applications. End users are hospitals, clinics and other users.
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TOC of Automated Suturing Devices Market Research Report- Global Forecast to 2023
1. Report Prologue
2. Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market Structure
2.4. Market Segmentation
3. Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Threats
4.5 Macroeconomic Indicators
5. Market Factor Analysis
5.1 Value Chain Analysis
5.2 Porters Five Forces
5.3 Demand & Supply: Gap Analysis
5.4 Pricing Analysis
5.5 Investment Opportunity Analysis
5.6 Merger And Acquisition Landscape
5.7 Up-Coming Trends In Automated Suturing Devices Market
5.7.1 Market Trends
5.7.2 Technological Trends
6. Global Automated Suturing Devices Market By Type
TOC CONTINUED…
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