Asia Pacific Automated Suturing Devices Market By End-Use (Hospital, Ambulatory Surgical Centers, and Others), By Product (Reusable and Disposable), By Application (Cardiac, Ophthalmic, Gynecological, Dental, Orthopedic, Gastrointestinal, and Others), By Country, Opportunity Analysis and Industry Forecast, 2021 - 2027
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Market Report Description
The Asia Pacific Automated Suturing Devices Market would witness market growth of 11.9% CAGR during the forecast period (2021-2027).
Automated suturing devices are available in both reusable and disposable forms. Automated suturing device is a rapid method of suturing as it only takes 1/3 of a second to perform a stitch. Automated suturing devices have more needle force as well as adjustable needle size which beneficially reduce the tissue trauma caused by the invasion of the needle into it.
The number of surgeries being conducted is continuously growing and is expected to keep on rising. According to a report of WHO published in 2008, 234.2 million major surgeries were performed in 29% of the WHO member countries.
A simplified introduction of automated suturing devices is that they are the equipment that eases up the process of suturing throughout open and minimum invasion surgeries. These devices are majorly used during surgical and trauma curing procedures in which surgery is a needed procedure.
APAC region is estimated to experience the fastest rate of growth of the automated suturing devices market in the forecast period. The factors such as increasing consumer awareness and emergence of new startups focusing on the development of new treatment options and making them reachable for the audience across the region are expected to take the growth of the regional automated suturing devices to a high extent. In addition, the rise in the cases of chronic disorders is expected to fuel the growth of the regional market during the forecast period.
The China market dominated the Asia Pacific Automated Suturing Devices Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $362.5 million by 2027. The Japan market would showcase a CAGR of 11.3% during (2021 - 2027). Additionally, The India market is estimated to grow a CAGR of 12.6% during (2021 - 2027).
Based on End-Use, the market is segmented into Hospital, Ambulatory Surgical Centers, and Others. Based on Product, the market is segmented into Reusable and Disposable. Based on Application, the market is segmented into Cardiac, Ophthalmic, Gynecological, Dental, Orthopedic, Gastrointestinal, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Smith & Nephew PLC, Johnson and Johnson (Ethicon, Inc.), Apollo Endosurgery, Inc., Boston Scientific Corporation, Becton, Dickinson and Company, B. Braun Melsungen AG, DemeTECH Corporation, Mellon Medical B.V., and LSI Solutions, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Ambulatory Surgical Centers
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- Smith & Nephew PLC
- Johnson and Johnson (Ethicon, Inc.)
- Apollo Endosurgery, Inc.
- Boston Scientific Corporation
- Becton, Dickinson and Company
- B. Braun Melsungen AG
- DemeTECH Corporation
- Mellon Medical B.V.
- LSI Solutions, Inc.
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