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Automated Suturing Devices Market to Grow at a CAGR of 9.31% during 2022-2030 - Business Market Insights
The market crossed the US$ 17.61 billion mark in 2022 and is expected to hit US$ 35.89 billion by 2030, recording a CAGR of 9.31% during the forecast period.A surge in sports-related injuries such as rotator cuff injuries, ligament tears, tendon rupture, etc. According to the Johns Hopkins Medicine report, around 3.5 million sports injuries are reported annually in the US. The increasing geriatric population is highly prone to various orthopedic conditions such as joint disorders, anterior cruciate ligament (ACL) injuries, joint fusion, osteoarthritis, and others. As per The Center Orthopedic & Neurosurgical Care & Research, by 2030, total knee replacement surgeries are projected to grow to 673% to 3.5 million procedures per year. This has increased orthopedic surgeries, which creates demand in the market.
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The report offers in-depth assessment of the growth and other aspects of the Automated Suturing Devices market in important regions. The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.
Major key players covered in this Automated Suturing Devices Market report:
Medtronic Pvt
Forbes Media LLC
Boston Scientific Corporation
Apollo Endosurgery, Inc
EndoEvolution, LLC
Sutrue Limited
LSI SOLUTIONS, Inc
Medical Devices Business Services, Inc
Smith & Nephew, Inc.
Becton, Dickinson and Company (BD).
In this report, the market has been segmented based on:
Product:
Reusable ASD
Disposable Automated Suturing Devices
Application:
Minimally Invasive Surgeries
Open Surgeries
Trauma Cases
End-user:
Hospitals
Ambulatory Surgical Centers
Clinics
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Automated Suturing Devices Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, during the forecast period of 2022 to 2030.
Major Key Points of Automated Suturing Devices Market
• Automated Suturing Devices Market Overview
• Automated Suturing Devices Market Competition
• Automated Suturing Devices Market, Revenue and Price Trend
• Automated Suturing Devices Market Analysis by Application
• Company Profiles and Key Figures in Automated Suturing Devices Market
• Market Dynamics
• Methodology and Data Source
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Leading market players and manufacturers are studied to help give a brief idea about them in the report. The challenges faced by them and the reasons they are on that position is explained to help make a well informed decision. Competitive landscape Automated Suturing Devices market is given presenting detailed insights into the company profiles, developments, merges, acquisitions, economic status and best SWOT analysis.
NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 analysis of markets and industries. Cordially get in touch for more details.
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