Global Automated Suturing Devices Market By Product (Disposable and Reusable), By Application (Cardiac, Orthopedic, Gastrointestinal, Ophthalmic, Dental, Gynecological, Other Application), By End-use (Hospitals, Ambulatory Surgical Centers, Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032

Automated Suturing Devices Market Overview:

The global market for automated suturing devices was valued at USD 2,867 million in 2021. It is projected to grow at a 6.2% CAGR, between 2023 and 2032.

The market is expected to grow due to a rise in surgical procedures, increasing prevalence of chronic diseases, preference for Minimally Invasive Surgeries over traditional surgical procedures such as cardiac, orthopedic, gastrointestinal, and gynecological, and an increase in accidents and trauma cases. In some countries, market growth is impeded by high device costs, limited availability, and a shortage of skilled professionals.

Global Automated Suturing Devices Market Scope:

Product Analysis

In 2021, the reusable automated suturing device segment accounted for 58% of the total revenue. Reusable products are leading the market because they resist infection and can be sterilized using appropriate techniques. This also minimizes tissue injury. Reusable automated suturing tools are also affordable and readily available on the market. This will drive the segment’s growth over the forecast period.

The risk of infection is high due to the Covid-19 pandemic. This is limiting the market for reusable automated suturing devices. To overcome infection risks, disposable suturing devices will be preferred.

Application Analysis

Market share for automated suturing devices was dominated by the cardiac segment, which accounted for approximately 28% of the total revenue in 2021. It was followed closely by the orthopedic segment. This is due to an increase in surgical procedures and the rising prevalence of cardiovascular diseases. Global deaths are being caused by ischemic and coronary heart disease. According to the American Heart Association, cardiac arrest will see an increase of nearly 23.6 million inpatients by 2030. This is expected to drive market growth.

The market is also being driven by the increasing geriatric population. This is because the elderly population over 60 years old is more at risk for developing orthopedic conditions. In the near future, the market will be fuelled by the increasing number of sports injuries and the increase in road accident cases that result in trauma.

End-Use Analysis

In 2021, the hospital segment accounted for 48% of total revenue. This segment is seeing an increase in hospital admissions. Market growth is expected to be boosted by the easy access and availability of hospitals, as well as favorable reimbursement policies. The role of handheld automated suturing devices is crucial in closing wounds in tight places. This helps to speed up recovery and minimize hospital stays.
The advantages of automatic suturing devices are a faster turnaround and quicker recovery. This is why ambulatory care centers and other clinics have been increasingly using them. The growth is expected to be driven by factors such as easy availability and high use in emergency care. The fastest expected growth rate for the ASC sector is between 2023 and 2032.

Key Market Segments:

By Product

• Disposable
• Reusable

By Application

• Cardiac
• Orthopedic
• Gastrointestinal
• Ophthalmic
• Dental
• Gynecological
• Other Application

By End-Use

• Hospitals
• Ambulatory Surgical Centers
• Others

Market Dynamics:

A rise in road accidents is one reason for an increase in demand for automated suturing machines. The WHO estimates that there are more than 20 million non-fatal injuries each year worldwide. An increase in wound injuries is leading to an increase in wound surgeries. This is expected to have a positive impact on the future growth of the market in automated suturing devices. Burn-related injuries, sports injuries and trauma are all other types of accidents. According to the American Burn Association, 44% of hospital admissions were due to burning injuries. The market’s growth is largely due to the fact that severe injuries require surgical intervention.

Geriatrics are the main driver of growth in the market for automated suturing machines. The demand for automated suturing equipment will rise due to an increase in the elderly population and increased surgical procedures. There may be some post-surgical complications for elderly patients, which could limit growth.

Around the globe, there are many surgical procedures. According to the Plastic Surgery Statistics Report 2017, 17.5 million minimally invasive and cosmetic procedures were performed in the U.S. This shows that there will be an increase in surgeries in the near future. This means that automated suturing devices are expected to increase in the future.

Regional Analysis:

North America was the dominant market for automated suturing devices in 2021, accounting for 37.8% of the total revenue. Due to the increasing geriatric population, and a growing number of surgical procedures, the market is expected to continue to lead. Robot-assisted, minimally invasive surgery is gaining popularity. This will also fuel the demand for technological advances in automated suturing.
The Asia Pacific will experience the fastest growth rate over the forecast period. Market growth in the Asia Pacific is expected to be driven by rising awareness and chronic disorder burden. Local businesses are launching strategic initiatives to commercialize and develop new treatments for patients. This will lead to increased market growth.

Key Regions and Countries covered in the report:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Russia
  • Spain
  • Rest of Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Rest of Asia-Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• MEA
  • GCC
  • South Africa
  • Israel
  • Rest of MEA

Market Share & Key Players Analysis:

Key firms engage in tactics like mergers and acquisitions to improve their market position. Key firms are making significant investments in R&D to generate technologically sophisticated products. For use with the overstitch-endoscopic suturing system, Apollo Endo-surgery, Inc.’s Polypropylene Suture Anchor Assembly received FDA approval in December 2019.

Market Key Players:

• Medtronic Plc
• Boston Scientific
• BD
• EndoEvolution
• LSI Solutions, Inc.
• Smith & Nephew
• Sutrue
• Apollo Endo-surgery
• Other Key Players

For the Automated Suturing Devices Market research study, the following years have been considered to estimate the market size: