Global Anastomosis Devices Market Overview 2023: Size, Drivers, And Trends
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As per The Business Research Company’s Anastomosis Devices Global Market Report 2023, The global anastomosis devices market is expected to grow from $3.24 billion in 2022 to $3.49 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The global anastomosis devices market size is expected to reach $4.53 billion in 2027 at a CAGR of 6.7%.
What was the major driver in the anastomosis devices market?
The expansion of surgical procedures is projected to drive the anastomosis device market forward. Surgical procedures are any medical practises that include making an incision on a person’s body. Anastomosis devices are mostly used in surgical operations to connect two parts of the body, such as blood arteries or intestines. For example, according to the American Society for Aesthetic Plastic Surgery, a US-based organisation for plastic surgery and cosmetic medicine, surgical operations increased 54% and non-surgical procedures increased 44% in April 2022, based on data collected from 294 participating plastic surgery practises. Furthermore, the American Society of Plastic Surgeons, a plastic surgery specialist organisation based in the United States, reported a 3% increase in reconstructive procedures conducted in 2019. As a result, the anastomosis device market will be driven by the increase in surgical procedures.
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What was the key trend in the anastomosis devices market?
In the anastomosis device market, the introduction of technologically improved devices is a prominent trend. To maintain their market position, major firms in the anastomosis devices market are focusing on inventing and launching innovative goods and technologies. For example, Intuitive Surgical Inc., a US-based developer of robotic surgical tools, will release SureForm, a revolutionary robot-assisted surgical stapler, in June 2021. SureForm employs SmartFire technology, which includes integrated software that can aid in maintaining uniform staple lines and preventing patient tissue damage. When staplers are manufactured and transections are conducted, SmartFire automatically changes the firing procedure to help optimise a uniform staple line and reduce tissue injury across varying tissue thicknesses.
Which was the largest region in the anastomosis devices market?
North America was the largest region in the anastomosis devices market in 2022. Asia-Pacific is expected to be the fastest-growing region in the global anastomosis devices market report during the forecast period. The regions covered in the global anastomosis devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Who are the anastomosis devices market prominent players?
Major players in the anastomosis devices market are Vitalitec International GmbH, Ethicon Inc., Medtronic plc, Peters Surgical, Synvisc Micro Companies Alliance, B. Braun, Novare Surgical Systems, Dextera Surgical, Aesdex LLC, Intuitive Surgical Inc., Boston Scientific, Artivion Inc., Johnson & Johnson, Röchling EN, and Bluesail Surgical.
Key anastomosis devices market segments
The global anastomosis devices market is segmented –
1) By Type: Surgical Staplers, Surgical Sutures, Surgical Sealants and Adhesives, Automated Suturing
2) By Usage: Disposable, Reusable
3) By Application: Cardiovascular And Thoracic Surgery, Gastrointestinal Surgery, Orthopedic Surgery, Gynecological Surgery, Other Applications
4) By End-User: Hospitals, Ambulatory Surgery Centers, Other End-Users
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The Anastomosis Devices Global Market Report 2023 provides a comprehensive overview on the anastomosis devices market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies
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