Automated Suturing Devices market – Overview
Sutures are sterile surgical instruments used for the closure of surgical incision or wound. Sutures are either automated or manually operated devices. Demand for automated suturing devices is increasing due to an increase in the number of surgeries performed in the hospital, demand of safe closure of surgical site, prevention of hospital acquired infection, and improved quality of healthcare.
There is an increasing demand for automated suturing devices in the market owing to an increasing number of surgical procedures in hospitals and rising prevalence of chronic diseases.
The market is further stimulated by a technology advancement in surgical devices having applications in various fields of medicine such as dentistry, gynaecology, cardiology, urology, and others.
Global market of automated suturing devices is expected to reach USD 4.50 billion in 2023 from USD 2.95 billion in 2016 with a CAGR of approximately 7.2% during the forecast period 2017-2023.
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Leading Key Players
Key players in the automated devices market are Ethicon Inc. (Subsidiary of Johnson & Johnson) (U.S.), B. Braun Melsungen AG (Germany), Medtronic plc. (Ireland), DemeTECH Corporation (U.S.), Smith & Nephew plc (U.K.), Péters Surgical (France), EndoEvolution LLC (U.S.), Boston Scientific Corporation (U.S.) and Sutures India Pvt. Ltd. (India). The main focus of these players is tapping the market in developing regions across the globe.
Automated Suturing Devices market – Segmentation
Global Automated suturing devices market has been segmented on the basis of type of suturing device which includes disposable and reusable suturing devices.
On the basis of application the market is segmented into cardiac, orthopedic, ophthalmic, dental, gynecological and other applications. End users are hospitals, clinics and other users.
Detailed Regional Analysis
Globally, automated suturing devices market consists of four regions Americas, Europe, Asia-Pacific and Middle East and Africa. America is the largest market. Technological advancement in suturing devices and demand of safe and disposable suturing devices boost the growth of this market in America.
Europe is the second largest market. Due to rapid adoption of new devices and increasing healthcare expenditure, Asia Pacific shows fastest growth in this market. India is expected to be the emerging and fastest growing market. While Middle East and Africa market has shown limited growth during the forecast period.
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Some Points form Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope of the Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.5 Macroeconomic Indicators
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