Anastomosis Devices Market Size, Share, Industry, and Outlook (2024-2031)

Anastomosis Devices Market is segmented By Type (Surgical Sutures, Surgical Staples, Vascular Clamps, Vascular Rings/Ties, Others), By Material (Absorbable Sutures, Non-absorbable Sutures), By Application (Cardiovascular Surgery, Gastrointestinal Surgery, Others), By End-User (Hospitals, Ambulatory Surgical Centers (ASCs), Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030

Market Size

Global Anastomosis Devices Market reached US$ YY million in 2022 and is expected to reach US$ YY million by 2030, growing with a high CAGR during the forecast period 2023-2030.

Anastomosis devices are surgical instruments or devices used for connecting blood arteries, intestines, or other tubular bodily parts together. These connections, known as anastomoses, are essential in many surgical procedures to heal damaged tissues, restore blood flow, or circumvent obstacles. By safely stitching, stapling, or sealing these structures together, anastomosis devices make it easier to connect them. 

The length of time needed for surgical procedures can be significantly decreased by anastomosis tools like surgical staplers. As a result, patients may experience shorter periods of anaesthesia, less overall physical stress, and quicker recovery durations. When connections are not properly sealed or protected, issues including leaks, strictures, and fistulas may develop. Anastomosis devices help lower this possibility. 

Report Scope

For More Insights Request Free Sample

Market Dynamics 

Drivers

The global increase in gastrointestinal and cardiac surgery

The global increase in gastrointestinal and cardiac surgery is one of the main factors fueling the market's expansion. As a result, more devices were used during procedures. Due to the development of various coronary heart disorders worldwide, there is an increased need for procedures like CABG (Coronary Artery Bypass Grafting), partial colectomy, and other thoracic surgeries.

For instance, according to CDC, heart disease is the leading cause of death for men, women, and people of most racial and ethnic groups in the United States, One person dies every 33 seconds in the United States from cardiovascular disease and coronary heart disease is the most common type of heart disease, killing 375,476 people in 2021. Thus above factors accelerates the market growth.

The amount of time needed for surgery can be considerably decreased by anastomosis devices like staplers. Due to the potential for shorter hospital stays and cheaper costs, this is crucial for both patients and healthcare organisations. Medical manufacturers are continuously working to develop advanced anastomosis devices with improved features, such as better sealing mechanisms, more precision, and improved compatibility with innovative surgical procedures.

Restraint

While anastomosis devices provide several advantages in surgical procedures, there are also a number of restrictions that may prevent their widespread usage and advancement. Depending on technological, economic, and regulatory reasons, these variables may change.

For instance, the development and marketing of innovative anastomosis devices to the market may be hampered by stringent regulatory restrictions and drawn-out approval procedures. For manufacturers, complying with regulations can be time-consuming and expensive. Traditional surgical methods, such as hand-sewn sutures, may be more accessible and affordable than anastomosis devices and yet be effective in many circumstances. When alternatives are available, surgeons could choose tried-and-true methods.

Segmentation Analysis

The global anastomosis devices market is segmented based on type, material, application, end-user and region.

The surgical sutures segment from the type segment accounted for approximately 41.7% of anastomosis devices share

Surgical sutures and anastomosis devices are frequently used combined during surgical procedures. The surgical joining of two distinct structures, such as blood veins, intestines, or hollow organs, is referred to as an astomosis. Devices for anastomosis are made to help link these structures securely and precisely. In order to strengthen and stabilise these connections, sutures are essential. 

Devices known as anastomosis are used to first link two structures, such as the terminals of two blood arteries or intestine segments. These devices may be specific connections, clips, or staples. The device usually connects the structures, although it might not be able to sustain enough stability over time on its own. The use of anastomosis tools and sutures enables surgeons to make secure connections while lowering the risk of problems, which among other benefits speeds up segment growth

Geographical Shares

Rising product approvals and prevalence of diseases in the North America region

The region's highly effective revenue share propels the global anastomosis devices market due to its sedentary lifestyle and growing geriatric population with chronic disorders. For instance, according to research titled "The number of older people will hit the United States economy like a "brick"- United States trade Secretary," which was published in April 2021, there were 54 million Americans over the age of 65 in the country in 2020, or roughly 16.5% of the total population. 

That number will increase to 74 million by 2030. There will likely be a large rise in the number of ageing in this nation who are at risk for heart disease.

It is anticipated that the rising prevalence of cardiovascular disorders and the rising number of R&D partnerships undertaken by significant regional players will accelerate the regional market's expansion. Additionally, expanding access to healthcare, rising awareness of CVD and CHD, rising disposable income, and well-established R&D infrastructure are important drivers of growth.

COVID-19 Impact Analysis

Many elective surgeries were postponed or cancelled in the early stages of the pandemic in order to avoid spending money on healthcare and lower the chance of COVID-19 transmission. As fewer surgeries were being done, this directly affected the market for anastomosis devices. The pandemic affected the manufacturing and distribution of medical equipment, notably anastomosis devices, by upsetting worldwide supply networks. 

Manufacturing and shipping delays caused shortages in certain regions, which limited the number of surgery that hospitals could conduct. There was an unanticipated need for elective surgeries and other non-COVID-19-related medical operations as the epidemic spread and healthcare systems adjusted to the new normal. As surgical volumes increase to pre-pandemic levels as a result, this could result in a rise in the need for anastomosis devices.

Anastomosis Devices Market Companies

The major global players in the market include Ethicon (Johnson & Johnson), Medtronic, B. Braun Melsungen AG, SYNOVIS MICRO COMPANIES ALLIANCE, INC (BAXTER INTERNATIONAL INC), Teleflex Incorporated, Dextera Surgical Inc, Getinge AB, Peters Surgical, LivaNova PLC, Vascular Graft Solutions (VGS) and among others.

Key Developments

• In January 2022, the next-generation intracorporeal anastomosis laparoscopic bowel closure device is currently being developed by Seger Surgical Solutions. The new device, known as LAP IA 60, has the ability to swiftly and securely align, close, and staple the common aperture for intracorporeal anastomosis without need for suturing.
• In January 2023, according to Lydus Medical, the Vesseal has been given 510(k) clearance by the FDA. A microvascular anastomosis suture deployment device called the Vesseal allows for standardised omni-vessel anastomoses and makes treatments easy, quick, safe, and efficient.

Why Purchase the Report?

• To visualize the global anastomosis devices market segmentation based on type, material, application, end-user and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development. 
• Excel data sheet with numerous data points of anastomosis devices market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global anastomosis devices market report would provide approximately 69 tables, 69 figures and 186 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies