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The global automated suturing devices market size reached a value of USD 947.98 million in 2023. The major drivers of the market are the increasing prevalence of health issues, the surging popularity of minimally invasive diseases, and the rising number of surgeries. The market is anticipated to grow at a CAGR of 6.3% during the forecast period of 2024-2032 to attain a value of USD 1,642.86 million by 2032.
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Cardiovascular diseases (CVDs), particularly ischemic heart disease (IHD) and stroke, are one of the leading causes of death and disability worldwide. The growth in the number of surgical procedures, the increasing prevalence of chronic diseases, and the rising geriatric population are predicted to fuel the automated suturing devices market. With the growing popularity of minimally invasive surgery (MIS), a cutting-edge method that allows surgeons to use endoscopic treatments to treat a variety of problems, the utilisation of automated suturing devices, owing to their enhanced ergonomics and speeds is increasing. Moreover, the surging demand for automated suturing devices to enhance precision in minimally invasive surgeries and reduce the risk of needle loss is propelling the market growth. With the growing focus on shortening operation time, reducing risks, enhancing cost-effectiveness, and improving clinical outcomes of minimally-invasive surgeries, the adoption of automated suturing devices is likely to grow in the coming years.
Automated suturing devices are devices that ease suturing procedures in both open and minimally invasive surgery. They are commonly used in trauma and surgical procedures that require surgery. These procedures are proven to result in faster wound healing, and shorter hospital stays for patients.
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The major types of automated suturing devices are:
The market can be broadly categorised on the basis of its applications into:
By end use, the market is divided into:
The EMR report looks into the regional markets of automated suturing devices like North America, the Asia Pacific, Latin America, Europe, and the Middle East and Africa.
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The increasing use of handheld automated suturing devices in hospitals to close wounds in tight spaces while improving recovery time and minimising hospital stay is augmenting the market growth. The automated suturing devices market is being aided by the commercialisation of new treatment options for patients. With the surging demand for reusable automated suturing devices in sterilisation techniques, the market is growing rapidly. As reusable automated suturing devices is cost-effective, it is increasingly preferred in hospitals. In addition, the surging approvals of automated suturing devices are providing impetus to the market growth.
North America accounts for a significant share in the automated suturing devices market due to the wide presence of key players, technological advancements and innovations, and the rising prevalence of occupational injuries, accidents, and surgeries. The introduction of various favourable healthcare initiatives and the robust healthcare infrastructure in the region are driving the market growth. Moreover, the surging launches of innovative suturing devices that can be deployed for the placement of running or interrupted stitches in soft tissues during endoscopic surgery are likely to bolster the market.
The report presents a detailed analysis of the following key players in the global automated suturing devices market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2017-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Application |
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Breakup by End User |
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Breakup by Region |
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Market Dynamics |
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Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global market for automated suturing devices reached a value of USD 947.98 million.
The market is anticipated to grow at a CAGR of 6.3% during the forecast period of 2024-2032 to reach a value of USD 1,642.86 million by 2032.
The major drivers of the market are the increasing prevalence of health issues, the surging popularity of minimally invasive diseases, and the rising number of surgeries.
The key market trends include the growing product launches of automated suturing devices, technological advancements and innovations, and the cost-effectiveness of reusable automated suturing devices.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The various types of automated suturing devices are disposable and reusable.
The significant applications of automated suturing devices are cardiovascular, orthopaedic, gastrointestinal, ophthalmic, gynaecological, and dental, among others.
The major end uses of automated suturing devices are ambulatory surgical centres, hospitals, and clinics.
The major players in the market are Medtronic plc, Smith & Nephew plc, Apollo Endosurgery, Inc., Sutrue Limited, and Mellon Medical B.V, among others.
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