The North America Anastomosis Devices Market would witness Market growth of 4.1% CAGR during the forecast period (2022-2028).
Technological advancements in various medical device companies would aid in the improvement of the functionality and endurance of anastomosis devices. For example, the US Food and Drug Administration (FDA) awarded a self-forming magnetic compression anastomosis device developed by the US-based GI Windows Medical Corp, the Breakthrough Device Designation in November 2020. The device will be utilized to execute an end-to-end minimally invasive anastomosis of the small bowel for ileostomy reversal or tissue resection, allowing it to be used more widely among patients with gastrointestinal problems.
Custom robotic deposition equipment was used to create easy-to-use silk-based resorbable as well as suture-less anastomosis devices. Retention strength, crush resistance, and leak resistance were all high in silk-based heparin-eluting devices. These devices were put to the test in a porcine implant, where they stayed intact. Histological research revealed that the implant wall was degrading and absorbing, indicating that cells were able to enter into the lamellar section of the device, indicating the possibility of tissue regeneration.
The prevalence of several cardiovascular indications, such as coronary artery disease (CAD), strokes, and stomach malignancies, such as adenocarcinoma, lymphoma, and others, is on the rise in this region. As a result, as the number of surgical procedures increased, the demand for surgical devices also grown. According to the American Heart Association, almost 92.1 million people in the United States suffered from cardiovascular disease in 2018, resulting in 3244 heart transplants. As a result, the Market in the region is driven by the increased demand for minimally invasive surgical devices during surgical procedures. Moreover, the increasing number of patients with requirement of surgeries is also owing to the sedentary lifestyle of people across the region.
The US Market dominated the North America Anastomosis Devices Market by Country 2021, and would continue to be a dominant Market till 2028; thereby, achieving a Market value of $1,247.4 million by 2028. The Canada Market is anticipated to grow at a CAGR of 6.4% during (2022 - 2028). Additionally, The Mexico Market would showcase a CAGR of 5.5% during (2022 - 2028).
Based on Product Type, the Market is segmented into Disposable and Reusable. Based on Application, the Market is segmented into Cardiovascular Surgery, Gastrointestinal Surgery and Others. Based on End User, the Market is segmented into Hospitals and Ambulatory Care Centers & Clinics. Based on countries, the Market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Anastomosis Devices Market is Estimated to reach $4.8 Billion by 2028, at a CAGR of 5.5%
The Market research report covers the analysis of key stake holders of the Market . Key companies profiled in the report include Medtronic PLC, LivaNova PLC, Becton, Dickinson and Company, Johnson & Johnson, Peters Surgical, Smith & Nephew PLC, Boston Scientific Corporation, B. Braun Melsungen AG, ConMed Corporation, and Baxter International, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
By Application
- Cardiovascular Surgery
- Gastrointestinal Surgery and
- Others
By End User
- Hospitals and
- Ambulatory Care Centers & Clinics
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- LivaNova PLC
- Becton, Dickinson and Company
- Johnson & Johnson
- Peters Surgical
- Smith & Nephew PLC
- Boston Scientific Corporation
- B. Braun Melsungen AG
- ConMed Corporation
- Baxter International, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Anastomosis Devices Market, by Product Type
1.4.2 North America Anastomosis Devices Market, by Application
1.4.3 North America Anastomosis Devices Market, by End User
1.4.4 North America Anastomosis Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Anastomosis Devices Market by Product Type
3.1 North America Disposable Market by Country
3.2 North America Reusable Market by Country
Chapter 4. North America Anastomosis Devices Market by Application
4.1 North America Cardiovascular Surgery Market by Country
4.2 North America Gastrointestinal Surgery Market by Country
4.3 North America Others Market by Country
Chapter 5. North America Anastomosis Devices Market by End User
5.1 North America Hospitals Market by Country
5.2 North America Ambulatory Care Centers & Clinics Market by Country
Chapter 6. North America Anastomosis Devices Market by Country
6.1 US Anastomosis Devices Market
6.1.1 US Anastomosis Devices Market by Product Type
6.1.2 US Anastomosis Devices Market by Application
6.1.3 US Anastomosis Devices Market by End User
6.2 Canada Anastomosis Devices Market
6.2.1 Canada Anastomosis Devices Market by Product Type
6.2.2 Canada Anastomosis Devices Market by Application
6.2.3 Canada Anastomosis Devices Market by End User
6.3 Mexico Anastomosis Devices Market
6.3.1 Mexico Anastomosis Devices Market by Product Type
6.3.2 Mexico Anastomosis Devices Market by Application
6.3.3 Mexico Anastomosis Devices Market by End User
6.4 Rest of North America Anastomosis Devices Market
6.4.1 Rest of North America Anastomosis Devices Market by Product Type
6.4.2 Rest of North America Anastomosis Devices Market by Application
6.4.3 Rest of North America Anastomosis Devices Market by End User
Chapter 7. Company Profiles
7.1 Medtronic PLC
7.1.1 Company overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.5.2 Acquisition and Mergers:
7.2 LivaNova PLC
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.3 Becton, Dickinson and Company
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.4 Johnson & Johnson
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental &Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.5 Peters Surgical
7.5.1 Company Overview
7.6 Smith & Nephew PLC
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.7 Boston Scientific Corporation
7.7.1 Company Overview
7.7.1 Financial Analysis
7.7.2 Segmental and Regional Analysis
7.7.3 Research & Development Expense
7.8 B. Braun Melsungen AG
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 Recent strategies and developments:
7.8.5.1 Acquisition and Mergers:
7.9 ConMed Corporation
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research & Development Expense
7.10. Baxter International, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 Research & Development Expense
7.10.5 Recent strategies and developments:
7.10.5.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Anastomosis Devices Market, 2018 - 2021, USD Million
TABLE 2 North America Anastomosis Devices Market, 2022 - 2028, USD Million
TABLE 3 North America Anastomosis Devices Market by Product Type, 2018 - 2021, USD Million
TABLE 4 North America Anastomosis Devices Market by Product Type, 2022 - 2028, USD Million
TABLE 5 North America Disposable Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Disposable Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Reusable Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Reusable Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Anastomosis Devices Market by Application, 2018 - 2021, USD Million
TABLE 10 North America Anastomosis Devices Market by Application, 2022 - 2028, USD Million
TABLE 11 North America Cardiovascular Surgery Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Cardiovascular Surgery Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Gastrointestinal Surgery Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Gastrointestinal Surgery Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Anastomosis Devices Market by End User, 2018 - 2021, USD Million
TABLE 18 North America Anastomosis Devices Market by End User, 2022 - 2028, USD Million
TABLE 19 North America Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Ambulatory Care Centers & Clinics Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Ambulatory Care Centers & Clinics Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Anastomosis Devices Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Anastomosis Devices Market by Country, 2022 - 2028, USD Million
TABLE 25 US Anastomosis Devices Market, 2018 - 2021, USD Million
TABLE 26 US Anastomosis Devices Market, 2022 - 2028, USD Million
TABLE 27 US Anastomosis Devices Market by Product Type, 2018 - 2021, USD Million
TABLE 28 US Anastomosis Devices Market by Product Type, 2022 - 2028, USD Million
TABLE 29 US Anastomosis Devices Market by Application, 2018 - 2021, USD Million
TABLE 30 US Anastomosis Devices Market by Application, 2022 - 2028, USD Million
TABLE 31 US Anastomosis Devices Market by End User, 2018 - 2021, USD Million
TABLE 32 US Anastomosis Devices Market by End User, 2022 - 2028, USD Million
TABLE 33 Canada Anastomosis Devices Market, 2018 - 2021, USD Million
TABLE 34 Canada Anastomosis Devices Market, 2022 - 2028, USD Million
TABLE 35 Canada Anastomosis Devices Market by Product Type, 2018 - 2021, USD Million
TABLE 36 Canada Anastomosis Devices Market by Product Type, 2022 - 2028, USD Million
TABLE 37 Canada Anastomosis Devices Market by Application, 2018 - 2021, USD Million
TABLE 38 Canada Anastomosis Devices Market by Application, 2022 - 2028, USD Million
TABLE 39 Canada Anastomosis Devices Market by End User, 2018 - 2021, USD Million
TABLE 40 Canada Anastomosis Devices Market by End User, 2022 - 2028, USD Million
TABLE 41 Mexico Anastomosis Devices Market, 2018 - 2021, USD Million
TABLE 42 Mexico Anastomosis Devices Market, 2022 - 2028, USD Million
TABLE 43 Mexico Anastomosis Devices Market by Product Type, 2018 - 2021, USD Million
TABLE 44 Mexico Anastomosis Devices Market by Product Type, 2022 - 2028, USD Million
TABLE 45 Mexico Anastomosis Devices Market by Application, 2018 - 2021, USD Million
TABLE 46 Mexico Anastomosis Devices Market by Application, 2022 - 2028, USD Million
TABLE 47 Mexico Anastomosis Devices Market by End User, 2018 - 2021, USD Million
TABLE 48 Mexico Anastomosis Devices Market by End User, 2022 - 2028, USD Million
TABLE 49 Rest of North America Anastomosis Devices Market, 2018 - 2021, USD Million
TABLE 50 Rest of North America Anastomosis Devices Market, 2022 - 2028, USD Million
TABLE 51 Rest of North America Anastomosis Devices Market by Product Type, 2018 - 2021, USD Million
TABLE 52 Rest of North America Anastomosis Devices Market by Product Type, 2022 - 2028, USD Million
TABLE 53 Rest of North America Anastomosis Devices Market by Application, 2018 - 2021, USD Million
TABLE 54 Rest of North America Anastomosis Devices Market by Application, 2022 - 2028, USD Million
TABLE 55 Rest of North America Anastomosis Devices Market by End User, 2018 - 2021, USD Million
TABLE 56 Rest of North America Anastomosis Devices Market by End User, 2022 - 2028, USD Million
TABLE 57 Key Information – Medtronic PLC
TABLE 58 Key Information – LivaNova PLC
TABLE 59 Key information – Becton, Dickinson and Company
TABLE 60 Key information –Johnson & Johnson
TABLE 61 Key information – Peters Surgical
TABLE 62 key Information – Smith & Nephew PLC
TABLE 63 key Information – Boston Scientific Corporation
TABLE 64 key Information – B. Braun Melsungen AG
TABLE 65 key Information – ConMed Corporation
TABLE 66 Key Information – Baxter International, Inc.
List of Figures
FIG 1 Methodology for the research