Global Automated Suturing Devices Market 2019-2023

Global Automated Suturing Devices Market 2019-2023

About Automated Suturing Devices

An automated suturing device is used to facilitate the suturing procedure during surgical procedures such as minimally invasive (MI) surgeries and open surgeries.

Technavio’s analysts forecast the Global Automated Suturing Devices Market to grow at a CAGR of 5.07% during the period 2019-2023.

Covered in this report

The report covers the present scenario and the growth prospects of the automated suturing devices market. To calculate the market size, the report considers the revenue generated by the sale of automated suturing devices across the globe.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, automated suturing devices market 2019-2023, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Apollo Endosurgery
  • Boston Scientific
  • Ethicon
  • Medtronic
Market driver
  • Increased number of surgical procedures
  • For a full, detailed list, view our report
Market challenge
  • High cost of automated suturing devices
  • For a full, detailed list, view our report
Market trend
  • Increase in the number of M&A activities
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2023 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


PRESS RELEASE

Technavio Announces the Publication of its Research Report - Global Automated Suturing Devices Market 2019-2023

Technavio recognizes the following companies as the key players in the global automated suturing devices market: Apollo Endosurgery, Boston Scientific, Ethicon, and Medtronic.

Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the increase in the number of M&A activities. M&A activities help vendors expand their geographical reach and strengthen their business.”

According to the report, one driver influencing this market is the increased number of surgical procedures. The global automated suturing devices market is forecasted to witness a rapid growth over the next five years owing to the growing presence of MI surgeries, as surgical procedures nowadays are less painful for patients compared to traditional surgical procedures.

Further, the report states that one challenge affecting this market is high cost of automated suturing devices. The growth of the market is hindered by the high cost of automated suturing devices compared with traditional sutures and the government of many developing and under developing countries do not provide reimbursement for automated suturing devices.

Companies Mentioned

Apollo Endosurgery

Boston Scientific

Ethicon

Medtronic

  • Executive summary
  • Scope of the report
  • Market landscape
    • Market ecosystem
      • Table Global surgical sutures market
      • Table Segments of global surgical sutures market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Reusable - Market size and forecast 2018-2023
      • Table Reusable - Market size and forecast 2018-2023 ($ millions)
      • Table Reusable - Year-over-year growth 2019-2023 (%)
    • Disposable - Market size and forecast 2018-2023
      • Table Disposable - Market size and forecast 2018-2023 ($ millions)
      • Table Disposable - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
      • Table Top 3 countries in APAC
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Number of laparoscopic cholecystectomy and Caesarean section surgeries in Europe in 2016 (per 100,000 inhabitants)
      • Table Recent product launches in the market
    • Market challenges
      • Table Average cost of automated suturing devices
      • Table Impact of drivers and challenges
  • Market trends
    • Technological advances
    • Increase in the number of M&A activities
      • Table Recent M&A activities in the market
    • Growing adoption of MI surgeries
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Apollo Endosurgery
      • Table Apollo Endosurgery - Vendor overview
      • Table Apollo Endosurgery - Product segments
      • Table Apollo Endosurgery - Organizational developments
      • Table Apollo Endosurgery- Geographic focus
      • Table Apollo Endosurgery - Segment focus
      • Table Apollo Endosurgery - Key offerings
      • Table Apollo Endosurgery - Key customers
    • Boston Scientific
      • Table Boston Scientific - Vendor overview
      • Table Boston Scientific - Business segments
      • Table Boston Scientific - Organizational developments
      • Table Boston Scientific - Geographic focus
      • Table Boston Scientific - Segment focus
      • Table Boston Scientific - Key offerings
      • Table Boston Scientific - Key customers
    • Ethicon
      • Table Ethicon - Vendor overview
      • Table Ethicon - Product segments
      • Table Ethicon - Organizational developments
      • Table Ethicon - Key offerings
      • Table Ethicon - Key customers
    • Medtronic
      • Table Medtronic - Vendor overview
      • Table Medtronic - Business segments
      • Table Medtronic - Organizational developments
      • Table Medtronic - Geographic focus
      • Table Medtronic - Segment focus
      • Table Medtronic - Key offerings
      • Table Medtronic - Key customers
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
      • Table List of abbreviations
  • Explore Technavio

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