LONDON–(BUSINESS WIRE)–#ApolloEndosurgery—Technavio
analysts forecast the global automated suturing devices market to grow
at a CAGR of over 5% during the forecast period, according to
their latest market research report.
The growing adoption of MI surgeries is one of the major trends being
witnessed in the global
automated suturing devices Market 2019-2023. With the increase
in the prevalence of chronic conditions, there has been a rise in the
number of surgical procedures. For instance, the incidence of
osteoarthritis, a chronic orthopedic condition in adults and the elderly
population, is increasing globally. Osteoarthritis can lead to fractures
in bones for which the patient would need to undergo surgery. In such
cases, to help the patient recover soon, MI surgeries can be performed
using automated suturing devices. The demand for MI surgeries is
increasing because of their benefits such as less pain and discomfort,
low chances of infection and bleeding, shorter hospital stay, no or
smaller scars, and quick recovery.
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According to Technavio analysts, one of the key factors contributing to
the growth of the global automated suturing devices market is the
increased number of surgical procedures:
Global automated suturing devices market:
Increased number of surgical procedures
With the increase in the prevalence of chronic conditions, there has
been a rise in the number of surgical procedures. Owing to the presence
of MI surgeries, nowadays, surgical procedures are becoming less painful
for patients, which allows them to get back to normal life faster when
compared to traditional surgical procedures.
According to a senior analyst at Technavio, “Advanced techniques and
devices such as automated suturing devices, help in the efficient
healing of wounds in accordance with the specific type of tissue.
Automated suturing devices are used many surgical procedures such as
gynecologic surgeries, endoscopic surgeries, appendectomy surgeries,
plastic and reconstructive surgeries, orthopedic surgeries, and
laparoscopic surgeries.”
Global automated suturing devices market:
Segmentation analysis
The global automated suturing devices market research report provides
market segmentation by product (reusable and disposable), and by region
(the Americas, EMEA, and APAC). It provides an in-depth analysis of the
prominent factors influencing the market, including drivers,
opportunities, trends, and industry-specific challenges.
Of the two major products, reusable and disposable, the reusable segment
held the largest market share in 2018, contributing to over 75% of the
market. This product segment is expected to continue to dominate the
global market throughout the forecast period.
The Americas held the largest share of the market in 2018, accounting
for 45% share, followed by EMEA and APAC respectively. Although APAC
held the smallest share of the market, it is expected to witness the
maximum increase in its market share over the forecast period.
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Market Sizing
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Five Forces Analysis
Market Segmentation
Geographical Segmentation
- Regional comparison
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Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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