Anastomosis Devices Market Size – Global Industry Analysis, Market Size, Opportunities and Forecast 2021 – 2028

The global anastomosis devices market accounted for US $ 2,219 Mn in 2020 and is expected to reach US $ 3,822 Mn by 2028 with a considerable CAGR of 7.1% during the forecast period of 2021 to 2028.

An anastomosis is a surgical joining of two structures. It usually refers to a connection formed between tubular structures such as blood vessels or intestine loops. It is a surgical procedure that connects two structures and is performed after an organ has been resected to connect the remaining sections. It is a vital step in surgical procedure with a high risk of complications that necessitates the use of highly advanced and efficient devices. Furthermore, with the introduction of off-pump coronary artery bypass transplanting and minimally invasive coronary artery bypass grafting, considerable efforts have been made to facilitate graft-to-coronary anastomosis construction. As a result, several anastomotic devices have been founded. While the desirable anastomotic device should be simple to use, a number of design constraints must be met to produce a symmetrically optimal anastomosis with negligible endothelial damage and a blood-exposed non-intimal surface.

Drivers

Increase in the prevalence of cardiovascular diseases

Growing demand for minimally invasive surgeries

Restraints

An anastomotic leak is one of the difficulties associated with anastomosis

Lack of awareness in the underdeveloped economies

Opportunity

Rapid technological advancement and a favorable reimbursement situation for cardiac procedures

Report Coverage: 

Anastomosis Devices Market Dynamics

The growing number of people being hospitalized with cardiovascular and gastrointestinal disorders across multiple regions will drive anastomosis device acceptance. The devices, which are commonly used in coronary bypass surgeries, will help improve the left ventricular system's function and increase a patient's survival rate, which will increase market demand for anastomosis devices. Furthermore, the COVID-19 pandemic has increased demand for healthcare equipment such as masks, face shields, and other protective medical equipment. With an increase in the number of COVID-19 cases worldwide, the demand for medical supplies from both health care providers and the general public for precautionary measures are increasing. In addition, as the pandemic situation gradually improves, the market for anastomosis devices is expected to rise significantly, as the virus was also responsible for an increase in the number of cardiovascular cases worldwide. In addition, challenges associated with anastomoses, such as an anastomotic leak, rising device costs, and the extensive medical information required for the launch of new products, are limiting the growth of the anastomosis market.

Market Segmentation

Market By Type

Surgical Staplers

• Manual
• Powered

Surgical Sutures

• Absorbable Sutures
  • Natural Sutures
  • Synthetic Sutures
    • Poliglecaprone 25 Sutures
    • Polyglactin 910 Sutures
    • Polyglycolic Acid Sutures
    • Polydioxanone Sutures
    • Others

• Non-Absorbable Sutures
  • Stainless Steel
  • Polypropylene
  • Nylon
  • Others

• Automated Suturing Devices
  • Reusable
  • Disposable

Surgical Sealants and Adhesives

• Synthetic & Semisynthetic
  • PEG Hydrogel-based
  • Urethane-based
  • Cyanoacrylate-based
  • Others
• Natural/Biological
  • Albumin-based
  • Fibrin-based
  • Collagen-based

Surgical staplers are medical equipment that can be used to close surgical wounds or perforations instead of sutures. Surgical staplers are typically used for the larger surgical wounds, both internally and externally, that stitches may be unable to handle. The C-section is a common process that utilizes surgical staples, which may help to reduce damaged tissue and healing time. However, the rising adoption of surgical staplers, particularly in developed economies, as well as the availability of advanced technological product offerings as a result of major industry players' robust R&D programs, are fueling the market growth. Furthermore, the rising prevalence of cardiovascular diseases, as well as an increase in the global geriatric population, is driving the market growth.

Market By Application

• Gastrointestinal Surgeries
• Cardiovascular & Thoracic Surgeries
• Others

According to the Keimyung University School of Medicine, the number of cardiovascular surgeries is expected to rise steadily from 10,581 in 2014 to 15,501 in 2040, representing a 46.5% increase. The demand for cardiovascular surgery is generally inter-related to population structure, and it is expected that the older population of age 65 and over will increase to nearly 10 million over the forecasting period due to the dramatic aging of the global population. However, anastomosis devices may have a wide range of applications in the treatment of cardiovascular conditions, as surgeons use minimally invasive techniques to perform surgical procedures. The use of anastomosis devices can assist healthcare professionals in performing high-precision surgeries, which will drive the use of anastomosis devices.

Market By End-User

• Hospitals
• Ambulatory Surgical Centers & Clinics

In terms of end-user, hospitals accounted for the largest share of the anastomosis devices market in 2020. The growing health care facilities in the hospital, increasing patient preference for hospitalization, and the availability of qualified healthcare professionals and advanced technological facilities all contribute to this end-user segment's size.

Anastomosis Devices Market Regional Overview