Anastomosis Device Market Is Set For Moderate Growth, To Reach Around USD 3.25 Billion by 2025

Zion Market Research has published a new report titled “Anastomosis Device Market by Type (Surgical Sutures, Surgical Staplers, Surgical Sealants and Adhesives and Automated Suturing Devices) by Application (Cardiovascular & Thoracic Surgeries, Gastrointestinal Surgeries and Others Applications), for Clinics, Ambulatory Surgical Centers, Hospitals and Other End Users: Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 – 2025”. According to the report, global demand for Anastomosis Device Market was valued at approximately USD 1.89 billion in 2018, and is expected to generate revenue of around USD 3.25 billion by end of 2025, growing at a CAGR of around 8.1% between 2019 and 2025.

Browse the full “Anastomosis Device Market: by Type (Surgical Sutures, Surgical Staplers, Surgical Sealants and Adhesives and Automated Suturing Devices) by Application (Cardiovascular & Thoracic Surgeries, Gastrointestinal Surgeries and Others Applications), for Clinics, Ambulatory Surgical Centers, Hospitals and Other End Users: Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 - 2025” Report at https://www.zionmarketresearch.com/report/anastomosis-device-market

An anastomosis is a connection or opening between two branching or diverging structures such as lead veins, blood vessels, or streams. These connections may occur abnormally like patent foramen ovale (PFO) in adult's heart or naturally like foramen ovale in a fetus's heart. The abnormal anastomoses are commonly referred as fistulas and these may be either congenital or acquired. Procedure of reestablishment of the blockage in the anastomosis is called as reanastomosis. Reanastomosis is a surgical procedure used to create new connection between fluid carrying body structures such as blood vessels, bowel.

Global anastomosis devices market growth is fueled by growing prevalence of target diseases and consequent increase in the number of anastomosis surgeries. Additionally, increasing preference for minimally invasive surgeries and technological advancements are projected to boost market growth in the coming years. However, longer regulatory approval procedures and high cost of anastomosis devices may impede the market growth over the forecast period. Potential benefits of anastomosis devices in terms of efficiency, surgery time and better patient outcome will lead in increasing adoption of these devices over the forecast period.

The anastomosis device market is segmented based on application, end user, type, and region. Based on type, global anastomosis device market is bifurcated into surgical sutures, surgical staplers, surgical sealants and adhesives and automated suturing devices. The surgical staplers segment dominated the market with largest revenue share in 2018 and is expected to grow at a highest CAGR over the forecast period. Ease of use, lesser complications, reduction in operation time and decrease in blood loss/leakage are attributing factors for largest market share of surgical staplers device type segment. Surgical staplers segment is further sub segmented into powered and manual. Surgical sutures are sub categorized into non-absorbable sutures and absorbable sutures. Absorbable sutures are further split into natural and synthetic sutures. Surgical sealants and adhesives segment is split into synthetic and semisynthetic and natural/biological sealants and adhesives.

Cardiovascular & thoracic surgeries, gastrointestinal surgeries and others applications constitute the application segment of global anastomosis device market. Highest growth rate is expected for gastrointestinal surgeries over the forecast period as a result of growing use of anastomosis devices for gastrointestinal surgeries and increasing prevalence of gastrointestinal cancer. 

The end user segment is divided into include clinics, ambulatory surgical centers, hospitals and others. Hospitals segment held leading market share of overall market in 2018 owing to increasing number of hospitals, growing patient volume, availability of skilled professionals and ease and availability of advanced infrastructure. Increasing number of ambulatory surgical centers will drive the demand for ambulatory surgical centers over the forecast period.

At regional level, North America held largest revenue share in 2018 for the anastomosis devices market. U.S. was the largest country level market in North America anastomosis devices. Growth in this region is supported by presence of developed healthcare infrastructure, favorable reimbursement policies, high spending on health care, increasing prevalence of cancer and cardiovascular disorders etc. Europe held second leading position of global anastomosis devices market. Germany dominated the European market in 2018. Asia Pacific is projected to grow at a highest CAGR over the forecast period. Large patient population, favorable government initiatives, supportive healthcare policies and infrastructure improvements are expected to attribute to this rapid growth in this region. Latin America will exhibit moderate growth whereas Middle East and Africa will experience slower growth over the forecast period.

Major players included in the report are Johnson & Johnson, Medtronic, Smith & Nephew, B. Braun Melsungen AG, Intuitive Surgical, Inc., CryoLife, Inc., CONMED Corporation, Péters Surgical, Boston Scientific Corporation, Baxter International, Inc., EndoEvolution LLC, Meril Life Sciences, Becton, Dickinson and Company, Biosintex among others.

The report segment of global anastomosis device market as follows:

Global Anastomosis Device Market: By Type

• Surgical Staplers
  • Manual
  • Powered
• Surgical Sutures
  • Absorbable Sutures
    • Synthetic Sutures
    • Natural Sutures
  • Non-absorbable Sutures
• Automated Suturing Devices
• Surgical Sealants and Adhesives
  • Natural/Biological
  • Synthetic & Semisynthetic

Global Anastomosis Device Market: By Application

• Gastrointestinal Surgeries
• Cardiovascular & Thoracic Surgeries
• Others Applications

Global Anastomosis Device Market: By End User

• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Other end users

Global Anastomosis Device Market: By Region

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

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