Rising Demand for Minimally Invasive Procedures to Boost Industry Growth

Global anastomosis devices market is anticipated to grow at a CAGR of 5.2% during the forecast period (2024-2031). The growing demand for minimally invasive surgical procedures globally has driven the growth of the global anastomosis devices market. In August 2023, approximately 60.0% of the population living in the US were suffering from at least one chronic condition such as heart ailment, cancer, stroke, and diabetes. The increasing prevalence of chronic disorders and advanced product launches by major players for the effective connection of joints is driving the growth of the global anastomosis devices market. 

Browse the full report description of “Anastomosis Devices Market Size, Share & Trends Analysis Report by Product (Disposable, and Reusable), by Application (Cardiovascular Surgery, Gastrointestinal Surgery, and Others), by End-User (Hospitals, Ambulatory Care Centers, and Clinics) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/anastomosis-devices-market

Recent Developments-

• In September 2020, Medical Corp., a clinical-stage, privately-held medical device company pioneering new advancements in anastomosis technology announced the US FDA has granted breakthrough device designation for the self-forming magnetic compression anastomosis device indicated for small bowel end-to-end anastomosis for ileostomy reversal or tissue resection.

• In March 2023, Peters Surgical acquired the German company Catgut. This acquisition, leveraging industrial, R&D, and commercial expertise, will empower Peters Surgical to reinforce its leadership across Europe while fortifying its global presence in cardiovascular and digestive medical devices. Such developments are further aiding to the global market growth. 

Market Coverage

• The market number available for – 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

• Segment Covered- 

o By Product

o By Application

o By End-User

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape- B. Braun Melsungen, Intuitive Surgical Inc., Baxter International Inc. (Synovis Micro Companies Alliance, Inc.), Medtronic Plc, and Johnson & Johnson (Ethicon US, LLC) among others.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Anastomosis Devices Market Report Segment

By Product

• Disposable
• Reusable

By Application

• Cardiovascular Surgery
• Gastrointestinal Surgery
• Others ( Vascular Procedures)

By End-User

• Hospitals
• Ambulatory Care Centers and Clinics

Global Anastomosis Devices Market Report Segment by Region

North America

• United States

• Canada 

Europe

• UK

• Germany

• Italy

• Spain

• France

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

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