Global Automated Suturing Devices Market Size, Share, Trends, Industry Growth by Product (Disposable, Reusable), by Application (Cardiac, Orthopedic, Gastrointestinal, Ophthalmic, Dental, Gynecological, Others), by End-Use, by Region, and Forecast to 2027
Report ID: RCMA100 | Report Format: PDF + Excel | Starting Price: 2680/- USD |The global automated suturing devices market size is expected to experience a significant CAGR of over 6% during the forecast period 2021 to 2027. The increasing adoption of minimally invasive surgeries, the growing number of surgical procedures, and the rising prevalence of chronic diseases around the world are some of the major factors to drive the market growth. Furthermore, the increasing adoption of the product in cardiac, ophthalmic, orthopedic, and gastrointestinal surgeries is further expected to fuel the market growth. Moreover, the increasing number of road accidents and trauma cases are expected to drive market growth over the forecast period. According to the World Health Organization (WHO), around 1.3 million people die every year due to road accidents globally.
Market Segment Insights:
The reusable devices segment dominated the global automated suturing devices market
The global automated suturing devices market is bifurcated into product, application, end-use, and geography. On the basis of product, the market is further segmented into disposable and reusable devices. The reusable devices segment dominated the global market in 2020 and accounted to hold the largest revenue share of over half of the market by the end of the analysis period. The infection resistance of the product due to proper sterilization techniques is a major factor to drive the segment growth. Furthermore, the easy availability of the product and its low cost is further expected to fuel the segment growth over the forecast period.
The cardiac segment held the largest revenue share of the global automated suturing devices market owing to the increasing prevalence of cardiovascular disorders
On the basis of application, the market is segmented into cardiac, orthopedic, gastrointestinal, ophthalmic, and others. The cardiac surgeries segment dominated the global automated suturing devices market in 2020 and is expected to hold the largest market share of over one-fourth of the market by the end of the analysis period. The increasing case of cardiovascular disease is one of the prominent factors to drive the segment growth. According to the World Health Organization (WHO), it is estimated that every year 17.9 million people die due the cardiovascular disease globally, which is a leading cause of death.
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The automated suturing devices comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market, and expert opinion obtained from interviews with industry executives and experts from prominent companies.
The automated suturing devices market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.
Historical & Forecast Period
- 2018-19 – Historical Year
- 2020 – Base Year
- 2021-2027 – Forecast Period
Global Automated Suturing Devices Market Segmentation:
By Product:
- Disposable
- Reusable
By Application:
- Cardiac
- Orthopedic
- Gastrointestinal
- Ophthalmic
- Dental
- Gynecological
- Others
By End-Use:
- Hospitals
- Ambulatory Surgical Centers
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Automated Suturing Devices Market: Geographic Coverage
North America dominated the global automated suturing devices market due to the increasing number of surgical procedures
Geographically, North America dominated the global automated suturing devices market in 2020 and is expected to hold the largest market share of over one-third of the market by the end of the analysis period. The increasing number of surgical procedures and the rising prevalence of chronic diseases are some major factors to drive the market growth in North America. Furthermore, the growing geriatric population and the increasing preference for minimally invasive surgeries are further expected to fuel the market in the region. On the other hand, the Asia Pacific is accounted to grow at the highest CAGR over the forecast period due to the increasing prevalence of cardiovascular disease.
Automated Suturing Devices Market: Competitive Assessment
Some of the major market players operating in the global automated suturing devices market are Medtronic, Smith & Nephew, Inc., Apollo Endosurgery, Inc., Becton, Dickinson and Company, and Boston Scientific Corporation. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.
List of Key Companies:
- Medtronic
- Smith & Nephew, Inc.
- Apollo Endosurgery, Inc
- Becton, Dickinson and Company
- Boston Scientific Corporation
- Braun Melsungen AG
- Mellon Medical B V
- EndoEvolution, LLC.
- Ethicon, Inc.
- LSI Solutions, Inc.
Key Questions Answered by Automated Suturing Devices Market Report
- Global automated suturing devices market forecasts from 2021-2027
- Regional automated suturing devices market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
- Country-level forecasts from 2021-2027 covering 15 major countries from the regions as mentioned above
- Automated suturing devices submarket forecasts from 2021-2027 covering the market by product, by application, by end-use, and geography
- Various industry models such as SWOT analysis, Value Chain Analysis about automated suturing devices market
- Analysis of the key factors driving and restraining the growth of the global, regional, and country-level automated suturing devices markets from 2021-2027
- Competitive Landscape and market positioning of top 10 players operating in the automated suturing devices market
1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions
2. Executive Summary
2.1. Global Automated Suturing Devices Market Portraiture
2.2. Global Automated Suturing Devices Market, by Product, 2020 (USD Mn)
2.3. Global Automated Suturing Devices Market, by Application, 2020 (USD Mn)
2.4. Global Automated Suturing Devices Market, by End-Use, 2020 (USD Mn)
2.5. Global Automated Suturing Devices Market, by Geography, 2020 (USD Mn)
3. Global Automated Suturing Devices Market Analysis
3.1. Automated Suturing Devices Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis
4. Global Automated Suturing Devices Market By Product, 2018 – 2027 (USD Mn)
4.1. Overview
4.2. Disposable
4.3. Reusable
5. Global Automated Suturing Devices Market By Application, 2018 – 2027 (USD Mn)
5.1. Overview
5.2. Cardiac
5.3. Orthopedic
5.4. Gastrointestinal
5.5. Ophthalmic
5.6. Dental
5.7. Gynecological
5.8. Others
6. Global Automated Suturing Devices Market By End-Use, 2018 – 2027 (USD Mn)
6.1. Overview
6.2. Hospitals
6.3. Ambulatory Surgical Centers
6.4. Others
7. North America Automated Suturing Devices Market Analysis and Forecast, 2018 – 2027 (USD Mn)
7.1.1. Overview
7.1.2. North America Automated Suturing Devices Market by Product (2018-2027 USD Mn)
7.1.3. North America Automated Suturing Devices Market by Application (2018-2027 USD Mn)
7.1.4. North America Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
7.1.5. North America Automated Suturing Devices Market by Country (2018-2027 USD Mn)
7.1.5.1. U.S.
7.1.5.1.1. U.S. Automated Suturing Devices Market by Product (2018-2027 USD Mn)
7.1.5.1.2. U.S. Automated Suturing Devices Market by Application (2018-2027 USD Mn)
7.1.5.1.3. U.S. Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
7.1.5.2. Canada
7.1.5.2.1. Canada Automated Suturing Devices Market by Product (2018-2027 USD Mn)
7.1.5.2.2. Canada Automated Suturing Devices Market by Application (2018-2027 USD Mn)
7.1.5.2.3. Canada Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
8. Europe Automated Suturing Devices Market Analysis and Forecast, 2018 – 2027 (USD Mn)
8.1.1. Overview
8.1.2. Europe Automated Suturing Devices Market by Product (2018-2027 USD Mn)
8.1.3. Europe Automated Suturing Devices Market by Application (2018-2027 USD Mn)
8.1.4. Europe Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
8.1.5. Europe Automated Suturing Devices Market by Country (2018-2027 USD Mn)
8.1.5.1. Germany
8.1.5.1.1. Germany Automated Suturing Devices Market by Product (2018-2027 USD Mn)
8.1.5.1.2. Germany Automated Suturing Devices Market by Application (2018-2027 USD Mn)
8.1.5.1.3. Germany Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
8.1.5.2. U.K.
8.1.5.2.1. U.K. Automated Suturing Devices Market by Product (2018-2027 USD Mn)
8.1.5.2.2. U.K. Automated Suturing Devices Market by Application (2018-2027 USD Mn)
8.1.5.2.3. U.K. Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
8.1.5.3. France
8.1.5.3.1. France Automated Suturing Devices Market by Product (2018-2027 USD Mn)
8.1.5.3.2. France Automated Suturing Devices Market by Application (2018-2027 USD Mn)
8.1.5.3.3. France Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
8.1.5.4. Italy
8.1.5.4.1. Italy Automated Suturing Devices Market by Product (2018-2027 USD Mn)
8.1.5.4.2. Italy Automated Suturing Devices Market by Application (2018-2027 USD Mn)
8.1.5.4.3. Italy Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
8.1.5.5. Rest of Europe
8.1.5.5.1. Rest of Europe Automated Suturing Devices Market by Product (2018-2027 USD Mn)
8.1.5.5.2. Rest of Europe Automated Suturing Devices Market by Application (2018-2027 USD Mn)
8.1.5.5.3. Rest of Europe Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
9. Asia Pacific Automated Suturing Devices Market Analysis and Forecast, 2018 – 2027 (USD Mn)
9.1.1. Overview
9.1.2. Asia Pacific Automated Suturing Devices Market by Product (2018-2027 USD Mn)
9.1.3. Asia Pacific Automated Suturing Devices Market by Application (2018-2027 USD Mn)
9.1.4. Asia Pacific Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
9.1.5. Asia Pacific Automated Suturing Devices Market by Country (2018-2027 USD Mn)
9.1.5.1. China
9.1.5.1.1. China Automated Suturing Devices Market by Product (2018-2027 USD Mn)
9.1.5.1.2. China Automated Suturing Devices Market by Application (2018-2027 USD Mn)
9.1.5.1.3. China Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
9.1.5.2. Japan
9.1.5.2.1. Japan Automated Suturing Devices Market by Product (2018-2027 USD Mn)
9.1.5.2.2. Japan Automated Suturing Devices Market by Application (2018-2027 USD Mn)
9.1.5.2.3. Japan Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
9.1.5.3. Rest of Asia Pacific
9.1.5.3.1. Rest of Asia Pacific Automated Suturing Devices Market by Product (2018-2027 USD Mn)
9.1.5.3.2. Rest of Asia Pacific Automated Suturing Devices Market by Application (2018-2027 USD Mn)
9.1.5.3.3. Rest of Asia Pacific Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
10. Latin America (LATAM) Automated Suturing Devices Market Analysis and Forecast, 2018 – 2027 (USD Mn)
10.1.1. Overview
10.1.2. Latin America Automated Suturing Devices Market by Product (2018-2027 USD Mn)
10.1.3. Latin America Automated Suturing Devices Market by Application (2018-2027 USD Mn)
10.1.4. Latin America Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
10.1.5. Latin America Automated Suturing Devices Market by Country (2018-2027 USD Mn)
10.1.5.1. Brazil
10.1.5.1.1. Brazil Automated Suturing Devices Market by Product (2018-2027 USD Mn)
10.1.5.1.2. Brazil Automated Suturing Devices Market by Application (2018-2027 USD Mn)
10.1.5.1.3. Brazil Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
10.1.5.2. Mexico
10.1.5.2.1. Mexico Automated Suturing Devices Market by Product (2018-2027 USD Mn)
10.1.5.2.2. Mexico Automated Suturing Devices Market by Application (2018-2027 USD Mn)
10.1.5.2.3. Mexico Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
10.1.5.3. Rest of Latin America
10.1.5.3.1. Rest of Latin America Automated Suturing Devices Market by Product (2018-2027 USD Mn)
10.1.5.3.2. Rest of Latin America Automated Suturing Devices Market by Application (2018-2027 USD Mn)
10.1.5.3.3. Rest of Latin America Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
11. Middle East and Africa Automated Suturing Devices Market Analysis and Forecast, 2018 – 2027 (USD Mn)
11.1.1. Overview
11.1.2. MEA Automated Suturing Devices Market by Product (2018-2027 USD Mn)
11.1.3. MEA Automated Suturing Devices Market by Application (2018-2027 USD Mn)
11.1.4. MEA Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
11.1.5. Middle East and Africa Automated Suturing Devices Market, by Country (2018-2027 USD Mn)
11.1.5.1. GCC
11.1.5.1.1. GCC Automated Suturing Devices Market by Product (2018-2027 USD Mn)
11.1.5.1.2. GCC Automated Suturing Devices Market by Application (2018-2027 USD Mn)
11.1.5.1.3. GCC Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
11.1.5.2. South Africa
11.1.5.2.1. South Africa Automated Suturing Devices Market by Product (2018-2027 USD Mn)
11.1.5.2.2. South Africa Automated Suturing Devices Market by Application (2018-2027 USD Mn)
11.1.5.2.3. South Africa Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
11.1.5.3. Rest of MEA
11.1.5.3.1. Rest of MEA Automated Suturing Devices Market by Product (2018-2027 USD Mn)
11.1.5.3.2. Rest of MEA Automated Suturing Devices Market by Application (2018-2027 USD Mn)
11.1.5.3.3. Rest of MEA Automated Suturing Devices Market by End-Use (2018-2027 USD Mn)
12. Company Profiles
12.1. Medtronic
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. Smith & Nephew, Inc.
12.2.1. Business Description
12.2.2. Financial Health and Budget Allocation
12.2.3. Product Positions/Portfolio
12.2.4. Recent Development
12.2.5. SWOT Analysis
12.3. Apollo Endosurgery, Inc.
12.3.1. Business Description
12.3.2. Financial Health and Budget Allocation
12.3.3. Product Positions/Portfolio
12.3.4. Recent Development
12.3.5. SWOT Analysis
12.4. Becton, Dickinson and Company
12.4.1. Business Description
12.4.2. Financial Health and Budget Allocation
12.4.3. Product Positions/Portfolio
12.4.4. Recent Development
12.4.5. SWOT Analysis
12.5. Boston Scientific Corporation
12.5.1. Business Description
12.5.2. Financial Health and Budget Allocation
12.5.3. Product Positions/Portfolio
12.5.4. Recent Development
12.5.5. SWOT Analysis
12.6. B. Braun Melsungen AG
12.6.1. Business Description
12.6.2. Financial Health and Budget Allocation
12.6.3. Product Positions/Portfolio
12.6.4. Recent Development
12.6.5. SWOT Analysis
12.7. Mellon Medical B V
12.7.1. Business Description
12.7.2. Financial Health and Budget Allocation
12.7.3. Product Positions/Portfolio
12.7.4. Recent Development
12.7.5. SWOT Analysis
12.8. EndoEvolution, LLC.
12.8.1. Business Description
12.8.2. Financial Health and Budget Allocation
12.8.3. Product Positions/Portfolio
12.8.4. Recent Development
12.8.5. SWOT Analysis
12.9. Ethicon, Inc.
12.9.1. Business Description
12.9.2. Financial Health and Budget Allocation
12.9.3. Product Positions/Portfolio
12.9.4. Recent Development
12.9.5. SWOT Analysis
12.10. LSI Solutions, Inc.
12.10.1. Business Description
12.10.2. Financial Health and Budget Allocation
12.10.3. Product Positions/Portfolio
12.10.4. Recent Development
12.10.5. SWOT Analysis
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