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Global Automated Suturing Devices Market 2019-2023 | Evolving Opportunities with Ethicon and Medtronic | Technavio

January 22, 2020 GMT
Global Automated Suturing Devices Market 2019-2023 | Evolving Opportunities with Ethicon and Medtronic | Technavio
Global Automated Suturing Devices Market 2019-2023 | Evolving Opportunities with Ethicon and Medtronic | Technavio

LONDON--(BUSINESS WIRE)--Jan 22, 2020--

The global automated suturing devices market is poised to grow by USD 151.29 million during 2019-2023, progressing at a CAGR of over 5% during the forecast period. Request Free Sample Pages

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Technavio has announced its latest market research report titled global automated suturing devices market 2019-2023. (Graphic: Business Wire)

Read the 102-page research report with TOC on “Automated Suturing Devices Market Analysis Report by Product (Reusable and Disposable), by Geography (Americas, APAC, and EMEA), and Segment Forecasts, 2019 - 2023”.

https://www.technavio.com/report/global-automated-suturing-devices-market-industry-analysis

The increasing number of surgical procedures and growing adoption of MI surgeries are anticipated to boost the growth of the market.

The prevalence of chronic conditions such as heart attacks due to unhealthy eating habits and sedentary lifestyle is increasing. The increase in chronic conditions has led to an increase in MI surgeries such as gynecologic surgeries, endoscopic surgeries, appendectomy surgeries, plastic and reconstructive surgeries, orthopedic surgeries, and laparoscopic surgeries. Patients are more inclined to undergo MI surgeries as they are less painful and allow them to get back to the normal life much faster than compared to traditional surgical procedures. This, in turn, is leading to an increased demand for advanced techniques and devices such as automated suturing devices as they enable efficient healing of wounds post-surgical procedures. They are also used post Caesarean sections to reduce maternal blood loss. Thus, the increasing number of surgical procedures are expected to drive the demand for automated suturing devices leading to market growth during the forecast period.

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Major Five Automated Suturing Devices Market Companies:

Apollo Endosurgery

Apollo Endosurgery is headquartered in the US and operates the business under various segments such as Endo-bariatric, Surgical, and Other. The company enables advanced endoscopic surgery by allowing physicians to place full-thickness sutures through a flexible endoscope.

Boston Scientific

Boston Scientific is headquartered in the US and offers products through the following business units: Cardiovascular, Rhythm Management, and MedSurg. The company offers Fixate, which is a semi-automatic suturing system. It is designed to secure spinal cord stimulator leads and pain pump catheters.

Ethicon

Ethicon is headquartered in the US and operates under various business segments, namely Energy sealing and dissecting, Surgical stapling, Wound closure, and Adjunctive hemostasis. The company offers PROXISURE, which enables precise suturing in tight spaces.

Medtronic

Medtronic is headquartered in Ireland and offers products through the following business segments: Cardiac and vascular group, Minimally invasive therapies group, Restorative therapies group, and Diabetes group. The company offers Endo Stitch, which makes the endoscopic suturing and tying of intracorporeal knots easy.

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Automated Suturing Devices Product Outlook (Revenue, USD Million, 2019 - 2023)

Automated Suturing Devices Regional Outlook (Revenue, USD Million, 2019 - 2023)

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

Related Reports on Health Careinclude:

Surgical Sealing Devices Market – Global Surgical Sealing Devices Market by product (surgical suturing and stapling devices, surgical adhesives and sealants, and electrosurgical sealing devices), and geography (Asia, Europe, North America, and ROW).

Absorbable Sutures Market – Global Absorbable Sutures Market by type (synthetic absorbable sutures and natural absorbable sutures), application (general surgeries, orthopedic surgeries, gynecology surgeries, ophthalmic surgeries, and others) and geography (Asia, Europe, North America, and ROW).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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CONTACT: Technavio Research

Jesse Maida

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KEYWORD: EUROPE IRELAND UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: MEDICAL DEVICES HEALTH TECHNOLOGY HOSPITALS SURGERY HARDWARE

SOURCE: Technavio Research

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PUB: 01/22/2020 10:00 AM/DISC: 01/22/2020 10:01 AM

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