Anastomosis Devices Market To Reach a Value of USD 5,535.1 Million by 2030

The total revenue generated by the anastomosis devices market was USD 2,912.7 million in 2022, which will reach USD 5,535.1 million by 2030, powering at a compound annual growth rate of 8.5% by the end of this decade, as stated by P&S Intelligence, a market research company.

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The disposable category had the larger share of revenue, about 80%, in the past. This is because of an extensive range of these items being obtainable and increased penetration of the marketplace. Furthermore, numerous industry players manufacture disposable items.

The cardiovascular and thoracic surgeries category had the largest share of revenue, over 60%. This is owing to the constant increase in the occurrence of CVDs, which are a main contributor to the increase in the heart surgery count. As per the WHO, there are about 17.9 million deaths happen because of CVDs.

Alternatively, because of the increasing frequency of colorectal cancer and other gastrointestinal ailments that require bowel resection, the gastrointestinal surgeries category, including large bowel resections and colorectal procedures, will experience considerable growth rate of approximately around 10% in the near future.

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North America dominated the anastomosis devices market with 45%. Multiple CVD indications, for example CAD and strokes, and gastric malignancies, including lymphoma and adenocarcinoma, are becoming more predominant in the region, leading to an increase in procedures and a following increase in the requirement for anastomosis systems.

There is an increase in the number of target illnesses all over the world, that is why the demand for anastomosis devices in the market will be on the rise in the years to come.

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