Automated Suturing Devices Market

1
Coherent Marketing Insights

• Market Research Business Consulting Services

• https//www.coherentmarketinsights.com/

• Covid-19 Impact Tracker

2

• AUTOMATED SUTURING DEVICES MARKET ANALYSIS
• Automated Suturing Devices Market, By Product
  Type (Reusable Automated Suturing Devices,
  Disposable Automated Suturing Devices), By
  Application (Minimally Invasive Surgeries, Open
  Surgeries, Trauma Cases), By End User (Hospitals,
  Ambulatory Surgical Centers, Clinics), and by
  Regions (North America, Latin America, Europe,
  Asia Pacific, Middle East, and Africa) - Size,
  Share, Outlook, and Opportunity Analysis, 2019 -
  2027

3

• Global Automated Suturing Devices Market Drivers
• Increasing geriatric population is expected to
  boost growth of the global automated suturing
  devices market over the forecast period. For
  instance, according to the World Health
  Organization, the number of people aged 60 years
  and older will outnumber children younger than 5
  years by 2020 and in 2050, 80 of older people
  will be living in low- and middle-income
  countries.
• The adoption of bariatric surgeries has increased
  due to increasing prevalence obesity. Automated
  suturing devices are used in bariatric surgeries
  and gastrointestinal surgeries. Therefore,
  increasing prevalence obesity is expected to
  propel growth of the market over the forecast
  period. For instance, prevalence of overweight,
  obesity, hypertension, and diabetes were 14.6,
  3.4, 5.2, and 7.1, respectively, in India,
  according to a study published in October 2019 in
  The International Journal of Environmental
  Research and Public Health.

4
Figure 1. Global Automated Suturing Devices
Market Value (US Mn), by Region, 2018

5

• Global Automated Suturing Devices Market
  Restraints
• However, low product availability is expected to
  hinder growth of the global automated suturing
  devices market. The stocks of automated suturing
  devices are limited on online channels. Covidien
  has listed its products Endo Stitch and Sils
  Stitch on E-bay. However, the stocks are
  rapidly exhausted.
• Use of automated suturing devices requires
  appropriate training. Therefore, lack of skilled
  professionals is also expected to hamper the
  market growth.
• Disposable automated suturing devices segment in
  the global automated suturing devices market was
  valued at US 430.9 Mn in 2018 and is expected to
  reach US 703.2 Mn by 2027 at a CAGR of 5.6
  during the forecast period.

6
Market Trends/Key Takeaways

• Increasing use of automated suturing devices in
  laparoscopic surgeries is a major trend in the
  global automated suturing devices market.
  Automated suturing devices increase the dexterity
  and enable even a novice surgeon or gynecologists
  to build up surgical competence, which increases
  their use in laparoscopic hysterectomies,
  bariatric surgeries, colorectal, general surgery,
  and coronary heart surgeries. In laparoscopic
  surgery, automated suturing devices can be used
  to apply knots within a shorter time frame
  compared to conventional suturing.
• Increasing preference for automated suturing
  devices over automated staplers is also expected
  to boost the market growth. This is owing to
  development of integrated needle and suture.
  Sutures used in such devices can be absorbable or
  non-absorbable, whereas staplers are metallic and
  may lead to bleeding and infection post-surgery.

7
Global Automated Suturing Devices Market
Competitive Landscape

• Major players operating in the global automated
  suturing devices market include, Medtronic Plc.,
  Boston Scientific, C. R. Bard, Inc., Apollo
  Endosurgery, EndoEvolution, LLC, LSI Solutions,
  Inc., Baxter International, Inc., and SuturTek
  Inc.
• Key players in the market are focused on adopting
  MA strategies to expand their product portfolio.
  For instance, in December 2019, Baxter
  International, Inc. entered into a definitive
  agreement to acquire Seprafilm Adhesion Barrier
  and related assets from Sanofi.
• Key players in the market are also focused on
  adopting marketing strategies to enhance their
  market share. For instance, Apollo Endosurgery,
  Inc. announced that company management will
  present at the 12th Annual LD Micro Main Event
  investor conference.

8

• Request Sample Report
• Request Customization
• Download PDF Brochure
• Talk to Analyst
• Referance https//www.coherentmarketinsights.com/
  market-insight/automated-suturing-devices-market-3
  150

9
About Us

• Coherent Market Insights is a global market
  intelligence and consulting organization focused
  on assisting our plethora of clients achieve
  transformational growth by helping them make
  critical business decisions. We are headquartered
  in India, having office at global financial
  capital in the U.S. Our client base includes
  players from across all business verticals in
  over 150 countries worldwide.
• What We ProvideCustomized Market Research
  AnalysisIndustry Analysis ServicesBusiness
  Consulting ServicesLong Term Engagement
  ModelCountry Specific Analysis

10
Contact Us

• Mr. Shah
• Coherent Market Insights Pvt. LTD.Coherent
  Market Insights 1001 4th Ave, 3200 Seattle, WA
  98154, U.S.Phone [phone]
• Email sales_at_coherentmarketinsights.com

11
Thank You

• Kindly Follow CMI Social Media Profiles for the
  latest Company Updates.
• Facebook
• Linkedin
• Twitter
• https//www.coherentmarketinsights.com/