PUBLISHER: Value Market Research | PRODUCT CODE: 1578261
PUBLISHER: Value Market Research | PRODUCT CODE: 1578261
The global demand for Automated Suturing Device Market is presumed to reach the market size of nearly USD 7.52 Billion by 2032 from USD 3.97 Billion in 2023 with a CAGR of 7.34% under the study period 2024-2032.
Surgical sutures are medical devices that are most commonly used by doctors during surgeries to make easy suturing procedures. The suture assists doctors in holding body tissues together after an injury or surgery. These devices have applications in orthopedic, ophthalmology, cardiovascular surgery, gynecology, o and laparoscopy, and various others. In minimally invasive surgery, hand suturing is categorized as challenging, so automated suturing devices are majorly utilized. There are various benefits associated with the automated suturing devices, which give rise to high reference over conventional sutures, such as minimum blood loss, infection-free suturing, minimal incision, easily manageable, reduced needle injuries, and others.
The rise in the number of surgeries and a growing number of accidents and trauma cases is the primary factor driving the automated suturing device market. There is huge adoption of automated suturing devices in minimally invasive surgeries, major trauma cases, and open surgical procedures that require surgery has augmented the demand for automated suturing devices, thus contributing to the automated suturing device market's growth. The escalating research & development for advancement in automated suturing devices due to the huge adoption of minimally invasive procedures are positively impacting the automated suturing device market's growth. Moreover, the rise in demand for advanced techniques and devices and technological advancements are likely to create profitable growth opportunities for key players of the automated suturing device market in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Automated Suturing Device. The growth and trends of Automated Suturing Device industry provide a holistic approach to this study.
This section of the Automated Suturing Device market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Automated Suturing Device market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Automated Suturing Device market include Medtronic Plc, Boston Scientific, BD, EndoEvolution, LSI Solutions Inc., Smith & Nephew, Sutrue, Apollo Endo-Surgery. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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