Automated Suturing Devices market-Overview
Demand for automated suturing devices is increasing due to an increase in the number of surgeries performed in the hospital, demand of safe closure of surgical site, prevention of hospital acquired infection, and improved quality of healthcare.
There is an increasing demand for automated suturing devices in the market owing to an increasing number of surgical procedures in hospitals and rising prevalence of chronic diseases. The market is further stimulated by a technology advancement in surgical devices having applications in various fields of medicine such as dentistry, gynaecology, cardiology, urology, and others.
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Key Players in the Automated Suturing Devices market:
Key players in the automated devices market are Ethicon Inc. (Subsidiary of Johnson & Johnson) (U.S.), B. Braun Melsungen AG (Germany), Medtronic plc. (Ireland), DemeTECH Corporation (U.S.), Smith & Nephew plc (U.K.), Péters Surgical (France), EndoEvolution LLC (U.S.), Boston Scientific Corporation (U.S.) and Sutures India Pvt. Ltd. (India). The main focus of these players is tapping the market in developing regions across the globe.
Market Segmentation
The global automated suturing devices market segmentation is based upon the following dynamics: type, end-users, and application.
By type, the market is divided into reusable and disposable suturing devices.
By application, the market segments into dental, orthopedic, cardiac, gynecological, ophthalmic, and other applications.
By end-users, the market comprises clinics, hospitals, and other users.
Regional Analysis
The regional segmentation of any market aids in providing a precise understanding of the overall market. Similarly, the regional segmentation of the global automated suturing devices provides an in-depth understanding of the market. The market covers the following key regions: Europe, Asia Pacific, Americas, and the Middle East and Africa.
Among the mentioned regions, the global automated suturing devices market is spearheaded by the Americas. Americas hold the largest share of the global market and is expected to hold on to its dominance during the forthcoming years of the forecast period. The market herein is driven by advancements in technology in suturing devices and the increasing demand of safe and disposable suturing devices.
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Key developments:
Strategic approaches adopted help the major players in the market to sustain their growth and develop their business in various geographical areas across the globe. Agreements and collaborations, mergers and acquisitions, and new product launches are various strategies followed by the key players.