Global Anastomosis Device Market, By Product (Surgical Staplers, Surgical Sutures, Surgical Sealants and Adhesives), Application (Gastrointestinal Surgeries, Cardiovascular and Thoracic Surgeries and Other), End- Users (Hospitals, Ambulatory Surgery Centres and Clinics), Product Type (Disposable and Reusable), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Anastomosis Device Market
Data Bridge Market Research analyses that the anastomosis device market will exhibit a CAGR of around 5.40% for the forecast period of 2021-2028. Rising prevalence of chronic disorders, increased focus on research and development proficiencies in regards to medical devices and on the adoption of advanced healthcare technologies, ever-rising geriatric population base and rising expenditure for the development of healthcare infrastructure especially in the developing economies are the major factors attributable to the growth of anastomosis device market.
Anastomosis is performed by the surgeons to perform gastrointestinal and cardiac surgeries. Therefore, anastomosis is a surgical connection between two tubular structures, wherein the surgeon staples the two open ends to form a new connection.
Upsurge in the prevalence of cardiovascular disorders is one of the major factors fostering the growth of the market. Unhealthy lifestyle of a major chunk of population across the globe is another market growth determinant. Increasing demand for minimally invasive surgeries and rising use of anastomosis devices in various other surgeries such as orthopaedic and ophthalmic surgeries are other important factors that will further generate lucrative market growth opportunities.
However, lack of awareness in the developing and underdeveloped economies and complications associated with anastomosis such as anastomotic leaks will derail the market growth rate. Also, high costs associated with research and development proficiencies and presence of other therapies and substitutes will further pose challenges for the market. Unfavourable reimbursement policies will also hamper the market growth rate.
This anastomosis device market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on anastomosis device market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Anastomosis Device Market Scope and Market Size
The anastomosis device market is segmented on the basis of product, application, product type and end- users. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product, the anastomosis device market is segmented into surgical staplers, surgical sutures, and surgical sealants and adhesives. The surgical staplers segment is divided into manual surgical staplers, and powdered surgical staplers. Surgical sutures are sub- segmented into absorbable sutures, non-absorbable sutures, and automated suturing devices. The absorbable sutures are further divided into synthetic sutures and natural sutures. Synthetic sutures is divided into polyglactin 910 sutures, poliglecaprone 25 sutures, polyglycolic acid sutures, polydioxanone sutures, and other. The non- absorbable sutures are divided into polypropylene sutures, nylon sutures, stainless steel sutures, and other. Automated suturing devices are segmented into disposable automated suturing devices and reusable automated suturing devices. Surgical sealants and adhesives is further categorized into natural/biological surgical sealants and adhesives, and synthetic and semisynthetic sealants and adhesives. Natural/biological surgical sealants and adhesives is segmented into fibrin-based sealants and adhesives, collagen-based sealants and adhesives, and albumin-based sealants and adhesives. The synthetic and semisynthetic sealants and adhesives is further segmented into peg hydrogel-based sealants and adhesives, cyanoacrylate-based sealants and adhesives, urethane-based sealants and adhesives, and other.
- Based on application, the anastomosis device market is segmented into gastrointestinal surgeries, cardiovascular and thoracic surgeries, and other.
- Anastomosis device market is also segmented on the basis of end- users as hospitals, and ambulatory surgery centers and clinics.
Anastomosis Device Market Country Level Analysis
The anastomosis device market is segmented on the basis of product, application, product type and end- users.
The countries covered in the anastomosis device market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the anastomosis device market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is because of the increasing funding for research and development activities, rising geriatric population and increase in the number of cardiovascular, ophthalmic, and other surgeries. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period owing to the increasing government expenditure on healthcare sector and rising personal disposable income.
The country section of the anastomosis device market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The anastomosis device market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for foot orthotic insoles market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the anastomosis device market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Anastomosis Device Market Share Analysis
The anastomosis device market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to anastomosis device market.
The major players covered in the anastomosis device market report are Medtronic, Medical Devices Business Services, Inc., B. Braun Melsungen AG, EndoEvolution, LLC., CryoLife, Inc., Intuitive Surgical., Boston Scientific Corporation., SYNOVIS MICRO COMPANIES ALLIANCE, INC., Biosintex, Meril Life Sciences Pvt. Ltd., AesDex, LLC, Vitalitec., Getinge AB, CONMED Corporation, BD, Baxter, Johnson & Johnson Services, Inc., Smith & Nephew plc and LivaNova PLC among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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