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Report Overview

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

Global Automated Suturing Devices Market Outlook

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.

automated-suturing-devices-market

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Growing Prevalence of Automated Suturing Devices to Drive the Global Market for Automated Suturing Devices

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.

Market Segmentation

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.

automated-suturing-devices-market-by-segments

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The major types of automated suturing devices are:

  • Disposable
  • Reusable

The market can be broadly categorised on the basis of its applications into:

  • Cardiovascular
  • Orthopaedic 
  • Gastrointestinal
  • Ophthalmic
  • Dental
  • Gynaecological
  • Others

By end use, the market is divided into:

  • Ambulatory Surgical Centres
  • Hospitals
  • Clinics

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.

automated-suturing-devices-market-by-region

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Growing Use of Handheld Automated Suturing Devices to Augment the Market Growth

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 to Represent a Considerable Share in the Market for Automated Suturing Devices

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.

Key Players in the Global Market for Automated Suturing Devices

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:

  • Medtronic plc
  • Smith & Nephew plc
  • Apollo Endosurgery, Inc.
  • Sutrue Limited
  • Mellon Medical B.V 
  • Others

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.

Key Highlights of the Report

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:

  • Type
  • Application
  • End User
  • Region
Breakup by Type
  • Disposable
  • Reusable
Breakup by Application
  • Cardiovascular
  • Orthopaedic
  • Gastrointestinal
  • Ophthalmic
  • Dental
  • Gynaecology
  • Others
Breakup by End User
  • Ambulatory Surgical Centres
  • Hospitals
  • Clinics
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Medtronic plc
  • Smith & Nephew plc
  • Apollo Endosurgery, Inc.
  • Sutrue Limited
  • Mellon Medical B.V.
  • Boston Scientific Corporation
  • EndoEvolution
  • LSI Solutions, Inc.
  • Apollo Endosurgery
  • DemeTECH Corporation

*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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Key Questions Answered in the Report

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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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124