Automated
Suturing Devices Market Insights And Analysis by
Type (Disposable and Reusable), Application (Cardiac, Orthopedic, Ophthalmic,
Dental and Gynecological), End-Use (Hospitals & Clinics, Ambulatory
Surgical Centers and others) and Region (Americas, Europe, Asia-Pacific and
Middle East & Africa) - Forecast till 2030
Surgical sutures devices are needed for the
closure of wounds and for repairing different injuries. These devices boast its
application in orthopedic, cardiovascular surgery, ophthalmology, gynecology,
laparoscopy, orthopedic surgery, and other specialties in the healthcare
industry. These devices can either be automated or manually used suture
devices. Automated suture devices can either be disposable or reusable.
Whereas, suture needle is used primarily for surgical site closure. Disposable
surgical suture devices are used most commonly to curb safety concerns of the
patients and for preventing the surgical site infection.
The global automated suturing devices market trends, according to a report released
by Market Research Future (MRFR), is expected to reach a valuation of USD 4.50
billion by the end of the forecast period in 2023, jumping from its previous
valuation in 2016 of USD 2.95 billion. The growth of the market is calculated
to be at a compound annual rate of 7.2% during the forecast period.
MRFR, in its report, has identified
numerous factors as the drivers of the global market. This includes, the
increasing emphasis placed upon the safety of patients, reduction in the cost
level, quality control as well as quality assurance, and the prevention of
surgical site infection. Advancements in technology and the increasing funding
level for the development of innovative products are driving the growth of the
market as well. Also, some of the leading companies investing in new product
development is also pushing the market growth of automated suturing devices.
However, the cost related with the devices acts as a major restrain of the
global market.
Market
Segmentation
The global automated suturing devices
market trends segmentation is based upon the following dynamics: type,
end-users, and application.
By type, the market is divided into
reusable and disposable suturing devices.
By application, the market segments into
dental, orthopedic, cardiac, gynecological, ophthalmic, and other applications.
By end-users, the market comprises clinics,
hospitals, and other users.
Regional Analysis
The regional segmentation of any market
aids in providing a precise understanding of the overall market. Similarly, the
regional segmentation of the global automated suturing devices provides an
in-depth understanding of the market. The market covers the following key
regions: Europe, Asia Pacific, Americas, and the Middle East and Africa.
Among the mentioned regions, the global automated
suturing devices market trends is spearheaded by the Americas. Americas hold
the largest share of the global market and is expected to hold on to its
dominance during the forthcoming years of the forecast period. The market
herein is driven by advancements in technology in suturing devices and the
increasing demand of safe and disposable suturing devices.
The European region holds the second
largest position in the market and is expected to hold on to its position in
the global standings. The growth of the region can be attributed to the
fast-paced adoption of new devices and an increasing expenditure in the
healthcare sector.
Asia Pacific region is expected to showcase
the fastest pace in the market. Herein, India is a major contributory nation
and is anticipated to grow at a rapid pace. Finally, the Middle East and Africa
regional market is expected to garner little growth during the forecast period
due to the lack of development and awareness in the region.
Competitive
Landscape
There are a number of leading players
operating in the global automated suturing devices market. MRFR has gone above
and beyond to identify some of the leading and potentially huge players in the
market. This includes, Péters Surgical (France), Ethicon Inc. (U.S.), Medtronic
PLC. (Ireland), Boston Scientific Corporation (U.S.), B. Braun Melsungen AG
(Germany), Smith & Nephew plc (U.K.), EndoEvolution LLC
(U.S.), DemeTECH Corporation (U.S.), and Sutures India Pvt. Ltd.
(India).
June 2018, Sutrue, a medical technology
company of UK, announced the introduction of its all new 3D printed automated
suturing device at the Design Museum in London. This acts as a massive
development in the 3D printing landscape.
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