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Global Anastomosis Device Market Outlook to 2029

Market Research Report | 2024 Edition | Report ID: BQ02720
Global Anastomosis Device Market Outlook to 2029

Report Description

An anastomosis is a surgical procedure that involves connecting two structures and is performed after the resection of an organ to secure the remaining sections, it is a critical step in surgery and has a high risk for complications requiring highly efficient and advanced devices. According to BlueQuark the Global Anastomosis Device Market is expected to grow considerably during the forecasted period. Factors such as the increasing surgical interventions and the surging prevalence of cardiovascular and gastrointestinal diseases are expected to drive the Global Anastomosis Device Market in the forecasted period. Further, the use of anastomosis devices in various other surgeries such as gynaecological, orthopaedic, and ophthalmic surgeries and various benefits of anastomose devices such as reduced chances of vessel leakage, stenosis, and occlusion as compared to conventional procedures are expected to drive the Global Anastomosis Device Market in the forecasted period. Furthermore, increased focus on research and development proficiencies regarding medical devices and the adoption of advanced healthcare technologies, the ever-rising geriatric population base and rising expenditure for developing healthcare infrastructure are expected to drive the Global Anastomosis Device Market in the forecasted period. However, a lack of knowledge in developing and underdeveloped economies and complications associated with anastomosis, such as anastomotic leaks, will derail the market growth rate. Also, high costs related to research and development proficiencies and the presence of other therapies and substitutes will further pose challenges for the market. Unfavourable reimbursement policies will also hamper the market.

Cardiovascular surgeries, by application, are predicted to witness the largest market share in the anastomosis devices market during the forecasted period. This dominance is due to the increased use of various devices, such as surgical staplers, sealants, and adhesives, in cardiac surgeries. The elevated demand for these devices in aortic surgery, arrhythmia surgery, myomectomy, and CABG procedures can be accredited to their ability to reduce the risk of complications and reduce anastomotic leaks. Further, the increasing number of cardiac diseases demands technologically advanced products, propelling the segment's growth. Vascular anastomosis is a connection b/w a graft and a blood vessel to make a bypass during a heart bypass surgery. Gastrointestinal anastomosis is performed wherein the surgeon attaches the two ends of the intestine with stitches or staples. It has affected working methods, open and minimally invasive surgery, operating room workflow, patient and staff safety, training, and education. All specialists should consider the significance of routine surgical intervention and, where possible, consider non-surgical treatment options. However, the demand will be in full swing with the need to initiate these operations. The anastomosis device is important for careful work. As the recurrence of persistent discomfort progresses, so does the need for anastomotic devices, pushing the field forward. A mechanically superior anastomotic scaffold helps reduce the risk of careful dosing. Shorter working hours, greater flexibility for professionals, less openness to sedatives, and less risk of bloodshed have increased interest in anastomosis devices in clinics and other medical settings worldwide. Surgery like partial gastrectomy, endoscopic resection, etc., can only offer a realistic chance to cure this type of cancer. Thus, adopting surgery as an important part of the treatment for many stages of stomach cancer is predicted to boost the segment's growth.

North America will dominate the overall anastomosis devices market throughout the forecasted period. The major characteristics attributing to the growth are the global prevalence of multiple cardiovascular indications, like CAD, strokes, and gastric cancers, like adenocarcinoma, lymphoma, etc., thus, a rise in surgical procedures that increased the demand for these surgical devices. The spread of heart disease created a need for cardiovascular equipment, monitoring, and diagnostic equipment. Therefore, there is a great need for better treatment with advanced medical devices, which serves as a significant driving force for the market's growth. Arrhythmia affects all age groups, but the risk of developing atrial fibrillation (AF) increases. Thus, the higher demand for these devices during surgical procedures drives the market in the region. Deskbound lifestyle and the increasing geriatric population with chronic diseases in the area contribute to its outstanding revenue share, propelling the global anastomosis devices market.

Technological advancements such as developing anastomosis devices to mitigate the risk associated with manual anastomoses in challenging conditions and increasing demand for minimally invasive procedures for coronary artery bypass surgery are significant factors driving the global anastomosis devices market growth. Anastomosis devices are generally used in coronary artery bypass treatments to enhance the operational efficiency of the left ventricular system and rise a patient's survival rate. Further, technological advances and favourable healthcare expenditure scenarios in cardiac procedures like coronary artery bypass graft, percutaneous coronary intervention, and open-heart valve replacement propel the anastomosis market in developed economies.

The market players are Medtronic, LivaNova PLC, MAQUET Holding BV & Co. KG., Dextera Surgical Inc., and Vitalitec Internaional Inc.

Global Anastomosis Device Market report provides deep insight into the Industrial market's current and future state across various regions. The study comprehensively analyses the Anastomosis Device Market by segmenting based on Usage (Disposable and Reusable), Type (Surgical Staplers, Surgical Sutures, Surgical Sealants and Adhesives, and Other Types), Application (Cardiovascular Surgery, Gastrointestinal Surgery, and Others), and Geography (Asia-Pacific, North America, Europe, South America, and Middle East & Africa). The report examines the market drivers and restraints and the impact of COVID-19 on market growth in detail. The study covers emerging market trends, development, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global Anastomosis Device Market
  • Equip yourself with rigorous analysis and forward-looking insight into the Anastomosis Device Market across various regions
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop strategy
  • Gain understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development
  • Assess market data and forecasts to understand how the demand for Anastomosis Device Market evolve over the next five years across various regions
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players
  • Keep on top of M&A developments, JVs, and other agreements to assess the evolving competitive landscape and enhance your competitive position

  Tables and charts

Global Anastomosis Device Market, in USD Million, 2019-2029

Global Anastomosis Device Market - Market Dynamics, 2024-2029

Global Anastomosis Device Market - Supply Chain Analysis

Global Anastomosis Device Market - Porters Five Forces Analysis

North America - Anastomosis Device Market, in USD Million, 2019-2029

Europe - Anastomosis Device Market, in USD Million, 2019-2029

Asia-Pacific - Anastomosis Device Market, in USD Million, 2019-2029

South America - Anastomosis Device Market, in USD Million, 2019-2029

Middle East & Africa - Anastomosis Device Market, in USD Million, 2019-2029

Anastomosis Device Market - Infographics

Other Charts

For complete list of tables and charts, please contact us via the form at the top of the page.

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  • Investor Community
  • Financing Companies
  • Other Stakeholders

  What's included

Report - Global Anastomosis Device Market Outlook to 2028.pdf
Market Data - Global Anastomosis Device Market Outlook to 2028.xls

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