Global Automated Suturing Devices Market Latest Update’s Report 2022

Posted by sandeep gade on November 24th, 2022

As per the Global Automated Suturing Devices Market research by Persistence Market Research - a market research and competitive intelligence provider, historically, from 2015 to 2021, market value of the Automated Suturing Devices Market increased at around 8.1% CAGR.

The key revenue drivers which affected the Automated Suturing Devices Market is the rise in chronic diseases such as cancer (currently there are more than 200 types of cancer in the world), diabetes, heart disease, and other diseases which lead to increased surgery, which is expected to be followed by higher adoption of automated suturing devices. Globally, chronic illness and disease are on the rise. The growing number of elderly individuals, as well as changes in social behavior, are contributing to the rise in these common and chronic health issues.

The middle-class population is expanding, and as the city expands, people’s lives expand at the same rate. Obesity and disorders like diabetes are more likely as a result. Chronic disease prevalence climbed by 57% by 2020, according to the World Health Organization. Emerging markets will be badly hit, as population growth in emerging countries is likely to be significant. Chronic sickness has resulted in an increase in demand for automated suturing devices.

Competitive Landscape

Key players operating in the Automated Suturing Devices market include Medtronic Plc, Boston Scientific, Becton Dickinson, EndoEvolution, LSI Solutions, Inc., Smith & Nephew, Inc., Braun Melsungen AG, Ethicon, Inc., Teleflex Incorporated, and DemeTech Corporation.

Some of the recent developments of key Neural Implants providers are as follows:

  •          In June 2021, Anchora Medical, a subsidiary of Alon Medtech Venture, has announced the closure of a US$ 4.5 million financial grant led by HOYA Corporation and Tal Capital. The money will be used for completing singing use laparoscopic sewing machine by Anchora.
  •          In November 2020, Healthium Medtech, one of India's largest medical device companies launched Trubarb. This innovation is a knotless fabric closure that changes the feel of sewing.
  •          In March 2020, Origami Surgical introduced StitchKit, a patented suture application and acquisition system. The U.S. Food and Drug Administration (FDA) has approved 510k approval for three types of novels for the StitchKit platform for robotic robots.

Similarly, recent developments related to companies in Automated Suturing Devices Market have been tracked by the team at Persistence Market Research, which are available in the full report.

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sandeep gade
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