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Automated Suturing Devices Market Share

Report ID: GMI5120
Published Date: Sep 2021
Report Format: PDF

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Automated Suturing Devices Market Share

The global market consists of several players including

Medtronic
Smith & Nephew, Inc.
Apollo Endosurgery, Inc
B. Braun Melsungen AG
Ethicon, Inc. (Johnson & Johnson) and Becton
Dickinson & Company

These companies are involved in partnerships, acquisitions and product launches to increase their market presence.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Market size of automated suturing devices had exceeded USD 640 million in 2020 and will observe a CAGR of over 6% between 2021 and 2027.

Reusable automated suturing had captured over 33% of market share in 2020 owing to increasing demand for minimally invasive surgeries.

The hospitals surpassed USD 420 million by 2027 owing to the rising number of patient admissions for surgeries coupled with the presence of skilled staff in hospital.

North America market had held over 33% of revenue share in 2020 on account of the surging cases of road accidents and trauma driving the demand for surgical procedures.

Medtronic, Smith & Nephew, Inc., Apollo Endosurgery, Inc, B. Braun Melsungen AG, Ethicon, Inc. and Becton, Dickinson & Company are the major producers of automated suturing devices.