openPR Logo
Press release

Automated Suturing Devices Market to be Worth US$ 471 Mn by 2015

03-01-2017 08:39 AM CET | Health & Medicine

Press release from: Future Market Insights

Automated Suturing Devices Market to be Worth US$ 471 Mn by 2015

Future Market Insights (FMI), in its latest report titled, “Automated Suturing Devices Market: Global Industry Analysis and Opportunity Assessment 2015–2025”, forecasts the global automated suturing devices market revenue to expand at a CAGR of 5.3% during the forecast period (2015–2025). Global automated suturing devices market is estimated to account for US$ 471.0 Mn by the end of 2015, mainly driven by rising number of minimally invasive surgical procedures.

Use of automated suturing devices in minimal invasive surgeries, open surgical procedures and major trauma cases that require surgery is expected to drive the market during the forecast period. Preference for automated suturing devices over conventional suturing devices during laparoscopic surgeries is a key reason for growth. Further, the device is also preferred by procurement teams at hospitals as it labelled under “green products”, resulting in considerably less impact on the environment as compared to plastic single-use disposable suturing devices.Rise in geriatric population is a macro factor that’s driving demand for automated suturing devices.

High cost along with negative perception about certain automated suturing devices due tosome FDA-approved devices facing criticism regarding performance can impede the growth of the market.

Request For Report Sample: http://www.futuremarketinsights.com/reports/sample/rep-gb-579

The report analyses the global automated suturing devices market in terms of market value (US$ Mn) and market volume (units) by product type, region, end-user and application. The report also offers information regarding market dynamics, regulatory compliances, competitive landscape, current trends, market estimations and forecast.

Region-wise, North America is expected to account for maximum volume share in the global market by 2015and this is expected to double over the forecast period. Western Europe is the second-most lucrative market for automated suturing devices companies. The market revenue in this region is projected to witness a healthy CAGR of 5.6% during the forecast period.

Among product types, disposable automated suturing devices segment is expected to dominate the global automated suturing devices market,followed by the reusable automated suturing devices segment. Increasing prevalence of obesity is expected to boost overall demand for disposable automated suturing devices at a comparatively higher pace.

Send An Enquiry: http://www.futuremarketinsights.com/askus/rep-gb-579

On the basis of application, automated suturing devices market is segmented into minimally invasive surgeries, open surgeries and trauma cases. Minimally invasive surgeries segment is expected to dominate the overall automated suturing devices market by the end of forecast period. The segment revenue is projected to register fastest growth rate over the forecast period. Open surgeries is projected to be the second fastest growing segment in terms of revenue. Increasing adoption of automated suturing devices among surgeons is fuelling growth of the minimally invasive surgeries segment.

On the basis of end user, global automated suturing devices market has been segmented into hospitals, clinics and ambulatory surgical centers. Hospitals segment is expected to register fastest CAGR in terms of revenue over the forecast period.

Key players profiled in FMI’s market study include Medtronic Plc., Inc., Apollo Endosurgery, LSI Solutions, Inc., Boston Scientific, C. R. Bard, SuturTek Inc. and EndoEvolution, LLC.

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automated Suturing Devices Market to be Worth US$ 471 Mn by 2015 here

News-ID: 452985 • Views:

More Releases from Future Market Insights

Workstation Software Market to Soar to USD 43.9 Billion by 2035, Fueled by 3D Modeling and VR Innovation
Workstation Software Market to Soar to USD 43.9 Billion by 2035, Fueled by 3D Mo …
Rising Demand for Workstation Software Across Industries The global workstation software market is set for robust growth, driven by increasing demand for advanced visualization, simulation, and design tools across industries such as manufacturing, architecture, media, and entertainment. Valued at USD 14.8 billion in 2025, the market is projected to reach USD 43.9 billion by 2035, registering a compound annual growth rate (CAGR) of 11.5%. This surge reflects the rising complexity of
Bean Flour Market Set for Robust Growth in the USA at 6.27% CAGR Through 2035
Bean Flour Market Set for Robust Growth in the USA at 6.27% CAGR Through 2035
The global bean flour market is entering a period of remarkable expansion, driven by surging demand for plant-based nutrition and gluten-free alternatives. Analysts forecast the market to grow from USD 5,075.3 million in 2025 to USD 9,262.0 million by 2035, reflecting a CAGR of 6.2%. This trajectory highlights an unparalleled opportunity for manufacturers to address evolving consumer preferences while enhancing sustainability and profitability. As the world shifts towards cleaner diets and
Blueberry Ingredient Market Set to Soar with 6.27% Growth in the USA by 2035
Blueberry Ingredient Market Set to Soar with 6.27% Growth in the USA by 2035
The blueberry ingredient industry has firmly established itself as a cornerstone of the functional foods, nutraceuticals, and natural flavoring sectors. Analysts project the market valuation to reach approximately USD 2.8 billion by 2025, with a robust CAGR of 6.5% forecasted from 2025 to 2035. This growth is being fueled by the escalating demand for clean-label products, plant-based formulations, and functional solutions across the food, beverage, and cosmetic industries. Click Here for
Activated Cake Emulsifier Market Set for 6.27% Growth in the USA, Poised to Transform Baking Innovation by 2035
Activated Cake Emulsifier Market Set for 6.27% Growth in the USA, Poised to Tran …
The activated cake emulsifier market is entering a transformative phase, driven by evolving consumer preferences toward premium, high-quality bakery products. Estimated to reach USD 1,343.2 million in 2025, the market is projected to achieve USD 2,360.5 million by 2035, representing a robust 5.8% CAGR over the next decade. This growth offers a strategic opportunity for manufacturers to meet rising consumer demands while future-proofing operations through innovation, regional customization, and sustainability. Click

All 5 Releases


More Releases for FMI

Guidewires Market's Journey Ahead: FMI Report Anticipates 6.1% CAGR, US$ 5.9 Bil …
From 2022 to 2030, the global Guidewires Market is projected to develop significantly at a compound annual growth rate of 6.1%, with a market size of over US$ 3.7 Bn in 2022. The market is expanding at a faster rate due to rising demand for straight-tip guidewires for minimally invasive spine and cervical surgeries. According to a new research study by Future Market Insights, -Straight tip guidewires, with a current share of
Ammonium Phosphate Market Share, Size, Trends - 2029 | FMI
The projected growth rate of ammonium phosphate market is approximately 3.3% over the course of forecast period (2019-2029). The demand from fertilizers segment remains steady and even surges in emerging economies. Other end-use industries such as electronics and optics are complementing the growth of ammonium phosphate market. Download Sample Copy of Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-1469 Key Takeaways of Ammonium Phosphate Market Study • Fertilizers industry accounts for substantial ammonium phosphate demand. • Rising uptake of ammonium phosphate in
Wearable Fitness Trackers Market Forecast & Share 2027 | FMI
The global wearable computing devices market is expected to be worth US$ 37,557 Mn in 2022, rising to US$ 217,237.2 Mn by 2032. The sales of wearable computing devices are expected to grow at a CAGR of 19.2% during 2022-2032. The wearable computing devices market size is expected to increase during the projected period as they assist clinicians in remotely monitoring patient health. Consumer interest in smart fitness gadgets is increasing
Edible Oil Packaging Market Size & Share - 2023 - 2031 | FMI
According to a recent report by Future Market Insight, sales of packaging solutions for edible oil would increase by 1.7 times to reach 3.7 billion units in 2031. In 2021, the market for packaging edible oil is anticipated to expand annually by 4.1%. By 2025, FMI projects that sales of drums will be close to $5 billion. The market for edible oil packaging in the United States is anticipated to
MOPP Packaging Films Market Size, Analysis & Opportunity | FMI
The MOPP packaging films market is projected to register high demand through 2021, with the overall valuation reaching US$ 221.7 Mn in 2021. FMI also forecasts MOPP packaging films demand to increase at a steady 5.2% CAGR between 2021 and 2031. Despite restrictions imposed amid COVID-19, MOPP packaging films demand will surge 2021 onwards, albeit gradually. Volume sold globally is expected to total 135.2 Th. tones by the end of
Labels Market Size, Industry Share, Sales & Trends - 2032 | FMI
The global labels market size is set to reach a valuation of US$ 39.8 Bn in 2022, and further accelerate at a CAGR of 4.8% from 2022-2032. The market is projected to reach US$ 63.7 Bn by the end of 2032. Sales of labels are anticipated to augment with the top 5 players holding 10-15% of the global labels market share in 2021. Based on product type, the pressure sensitive labels