Anastomosis Devices Market study is providing you with the up-to-date, actionable market
information and projections with the latest impact of the Covid 19 outbreak. It
offers all the requisite data to support tactical business decisions and come
up with strategic growth plans. This study also proposes a comprehensive
insight into the development policies and plans in addition to manufacturing
processes and cost structures.
The global anastomosis
devices market was valued at 15.74 Million in 2016 and is expected to continue
growing at a higher rate. Factors such as rise in surgical procedures with
rising incidences of cardiovascular and GT diseases are likely to contribute to
the market growth in the forecast period. Overall, the anastomosis devices
market is expected to cross a CAGR of 5.2% in the forecast period.
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Surgical procedures have
now turned into a perplexed form for cardiac surgeons right from the inception
of coronary arteries bypass grafts and minimally invasive techniques. Suture
technique for coronary anastomosis is becoming insufficient to suffice new demands
from surgeons hence a need arises for alternative techniques to perform
coronary bypasses. Due to the recent medical advancements, sutureless devices
are based on memory shape metal alloy, synthetic, and biologic glue combined or
non-combined with metallic framework and laser bonding using organic soldering
techniques.
Anastomosis devices are
easy to use and reduce the dependency on surgeons, which is the analytical
factor for long-term potency. The key element of sutures is placed between
graft vessels and target and any distortion might result into obstruction of
flow. Therefore, anastomotic devices are made available for minimally invasive
or endoscopic use to reduce the heart operations via limited incisions. For
instance, the heartflo anastomotic device is a micromechanical-suturing device
for coronary artery bypass grafting. However, an ideal anastomotic method is
considered only when compression anastomosis having no foreign bodies left at
anastomotic site.
Anastomosis devices
industry is segmented based on product, application, and geography. Reusable
and disposable categories form the bifurcation for product category in the
market. “Application” segment for anastomosis devices market include general
surgeries, cardiovascular diseases, orthopaedic surgeries, and ophthalmic
surgeries.
Geographical segmentation
for anastomosis devices industry spans North America, Latin America, Europe,
Asia-Pacific, Middle East and Africa. North America anastomosis devices market
is expected to rise at a higher CAGR in the forecast period due to rising
medical assistance for cardiovascular diseases. Asia-Pacific’s anastomosis
devices industry is likely to expand at a staggering CAGR in the forthcoming
period due to rise in young workforce, change in lifestyle leading to
occurrence of chronic as well as acute ailments.
The key players in the
anastomosis devices industry include Medtronic; LivaNova PLC; MAQUET Holding
B.V. & Co. KG., Dextera Surgical Inc., Vitalitec International Inc.,
Synovis Micro Companies Alliance Inc., and Ethicon US, LLC.
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