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Automated Suturing Devices Market Report, Size, Share, Growth, Trends, Industry Outlook to 2033

10-11-2024 02:34 PM CET | Health & Medicine

Press release from: The Business research company

Automated Suturing Devices Market

Automated Suturing Devices Market

"Gain a competitive edge with up to 30% off in-depth market reports-uncover key trends, growth drivers, and forecasts today!

The new report published by The Business Research Company, titled Automated Suturing Devices Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the automated suturing devices market size has grown strongly in recent years. It will grow from $2.99 billion in 2023 to $3.22 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The automated suturing devices market size is expected to see strong growth in the next few years. It will grow to $4.38 billion in 2028 at a compound annual growth rate (CAGR) of 8.0%.

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What Is Driving The Growth Of The Global Automated Suturing Devices Market?

Growing Number Of Accidents And Trauma Cases Expected To Drive Automated Suturing Devices Growth
A growing number of accidents and trauma cases is expected to propel the growth of the automated suturing devices market going forward. Accidents and trauma cases refer to unexpected incidents or events that cause physical injury or harm to an individual. The increasing number of accidents and trauma cases can be attributed to factors such as rising urbanization, increased vehicle usage, hazardous working conditions, and high-risk behaviors. Automated suturing devices streamline and enhance the efficiency of surgical procedures for accidents and trauma cases, while also improving patient outcomes, reducing surgery time, and minimizing the risk of complications. For instance, in February 2023, according to the National Highway Traffic Safety Administration, a US-based agency of the federal government, 42,915 individuals died in traffic accidents involving motor vehicles in 2021, a 10.5% rise over the 38,824 fatalities in 2020. Deaths in multi-vehicle accidents and on city streets have increased by 16% in 2021 as compared to 2020. Therefore, a growing number of accidents and trauma cases is driving the automated suturing devices market.

What Is The Key Trend In The Global Automated Suturing Devices Market?

Origami Surgical Advances Robotic Surgery With Expanded FDA Clearance For Stitchkit Device
Major companies operating in the automated suturing devices market are focusing on developing technologically advanced products, such as suture delivery canisters, to enhance surgical efficiency and safety. A suture delivery canister reduces the risk of needle loss, minimizes manual handling, and improves overall safety by keeping discarded needles securely contained. For instance, in February 2023, Origami Surgical Inc., a US-based manufacturer of medical devices, received expanded FDA clearance for its StitchKit device, now approved for use through any existing 8mm trocar incision during robotic-assisted surgeries. The updated FDA clearance means StitchKit can be used with smaller 8mm trocars, which are becoming more common as procedures shift to smaller port sizes. The device includes all necessary sutures and a SHARPS container for needle disposal, improving safety by reducing the risk of needle loss and minimizing exposed needle transfers. At the end of the procedure, StitchKit can be removed using a retrieval string along with the trocar, streamlining the process and enhancing surgical outcomes.

How Is The Global Automated Suturing Devices Market Segmented?
The automated suturing devices market covered in this report is segmented -

1) By Type: Reusable, Disposable
2) By Application: Open Heart Surgery, Minimally Invasive Surgery, Trauma, Other Applications
3) By End Use: Hospitals, Ambulatory Surgical Centers, Other End Uses

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How Is The Competitive Landscape Of The Global Automated Suturing Devices Market?
Major companies operating in the automated suturing devices market are 3M Company, Medtronic plc, Medline Industries Inc., Stryker Corporation, Boston Scientific Corporation, B. Braun Medical Inc., Zimmer Biomet Holdings Inc., Olympus Corporation, Terumo Corporation, Intuitive Surgical Inc., Smith And Nephew plc, Ethicon Inc., Cook Medical Inc., Merit Medical Systems Inc., Conmed Corporation, LivaNova PLC, Haemonetics Corporation, LSI Solutions Inc, Mellon Medical B.V., EndoEvolution LLC

Contents Of The Global Automated Suturing Devices Market
1. Executive Summary
2. Automated Suturing Devices Market Report Structure
3. Automated Suturing Devices Market Trends And Strategies
4. Automated Suturing Devices Market - Macro Economic Scenario
5. Automated Suturing Devices Market Size And Growth
…..
27. Automated Suturing Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

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