Anastomosis Devices Market – Global Industry Analysis and Forecast (2023-2029)


Anastomosis Devices Market is expected to reach $4.26 Bn by 2029 from $ 2.45 Bn in 2022, at a CAGR of 8.2% during forecast period.

Anastomosis Devices Market Overview:

An anastomosis is a surgical connection between two tubular structures such as blood vessels, leaf veins, or streams. The two significant forms of anastomosis are vascular and gastrointestinal. The surgical anastomosis can be created using suture sewn by hand, mechanical staplers and biological glues, depending on the circumstances.

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Anastomosis Devices Market Dynamics:

Rising surgical procedures along with growing incidence of cardiovascular and gastrointestinal diseases are the primary factors driving the market growth.

According to statistics, on average, more than 700,000 coronary artery bypass grafts (CABG) and 600,000 vascular procedures are performed every year globally. Rising incidences of myocardial infarction are expected to benefit the market growth. Anastomosis devices play a pivotal role in surgical procedures. As a result, increasing the prevalence of chronic diseases will surge demand for anastomosis devices that will expand industry growth. Anastomosis systems that are technologically advanced can minimize significant risks that arise during surgical procedures. The advantages of using these devices include less operating time, more convenience for surgeons, less anaesthesia exposure, and a lower risk of blood leakage contribute to the market growth. The presence of a supportive regulatory framework is contributing to the growth of the market. Rising reimbursement coverage for CABG procedures are projected to increase the adoption of anastomosis devices by surgeons. For instance, Medicare Part B covers coronary artery bypass graft surgery, coronary angioplasty, valve repair & replacement, and other comprehensive cardiac rehabilitation (CR) programs.

The report has profiled fifteen key players in the market from different regions. However, report has considered all market leaders, followers and new entrants with investors while analyzing the market and estimation the size of the same. Increasing R&D activities in each region are different and focus is given on the regional impact on the cost, availability of advanced technology are analyzed and report has come up with recommendations for future hot spot in APAC region.

Anastomosis Devices Market Segment Analysis:

The Anastomosis Devices Market is segmented based on Product, Type and Application.

Based on the Product, the disposable segment held a dominant share in the year 2022. The segment is expected to witness positive growth during the forecast period, owing to the easily available array of disposable anastomosis products. Major Key players are involved in the production of disposable types of products. Disposable products reduce the risk of surgical site infections, cross-contamination, and other infections. They do not require reprocessing between consecutive uses thereby reducing reprocessing cost and speeding up the entire process.

Based on Application, the Cardiovascular Surgery segment is expected to grow at a faster pace during the forecast period. The increasing number of cardiac diseases demands technologically advanced products, propelling the growth of the segment. The segment dominance is due to the increased use of various instruments in various cardiac surgeries, such as surgical staplers, surgical sealants, and adhesives. The ability of these devices to decrease the risk of complications and eliminate anastomotic leakage has led to increased demand for them in aortic surgery, arrhythmia surgery, myectomy, and CABG procedures.

Anastomosis Devices Market Regional Insights:

North America dominated the Anastomosis Devices Market in 2022.

North America market is expected to dominate in the Anastomosis Devices Market with higher revenue share as compared to other regional markets, owing to increasing cardiovascular, ophthalmic, and other surgeries, favorable reimbursement policies, and the presence of prominent players operating in countries in this region. In August 2021, Dextera Surgical Inc. entered into a joint development program with Intuitive Surgical, Inc. for developing a novel surgical stapler for the latter’s da Vinci Surgical System. Also, an increasing number of hospitals, improvement in healthcare infrastructure, and increasing aging population contribute to the market growth in the region.
APAC is expected to be the fastest growing region during forecast period.

Major developing economies like Japan, China, and India are the main contributors to the APAC market. The regional market is estimated to experience the fastest growth during the forecast period, owing to improving economic conditions, growing healthcare awareness, and increasing the aging population in this region. Aged people are more susceptible to cardiovascular and gastrointestinal diseases, thereby presenting a huge target population for the industry.

The report also helps in understanding Anastomosis Devices Market dynamics, structure by analyzing the market segments and project the Anastomosis Devices Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Anastomosis Devices Market make the report investor’s guide.
Anastomosis Devices Market, Key developments:

• On January 18th, 2021, Intuitive Surgical has receivedFDA approval for its SureForm 45 Stapler.

• On March 19th, 2021, Baxter International Inc. acquired Mallinckrodt Pharmaceutical’s PREVELEAK Surgical Sealant and RECOTHROM Surgical Hemostat and Sealant Portfolio. This acquisition broadened Baxter’s portfolio of advanced surgical sealants.

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Anastomosis Devices Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2018 to 2022
Market Size in 2022:
US $ 2.45 Bn.




Forecast Period 2023 to 2029 CAGR:
8.2%
Market Size in 2029:
US $ 4.26 Bn.




 Segments Covered:
by Product
Disposable
Reusable




by Type
Surgical Staplers
Surgical Sutures
Surgical Sealants and Adhesives
Others




by Application
Cardiovascular Surgery
Gastrointestinal Surgery






Anastomosis Devices Market, by Region:

North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)

Anastomosis Devices Market, Key Players:

1. Medtronic
2. LivaNova PLC
3. MAQUET Holding B.V. & Co. KG.
4. Dextera Surgical Inc.
5. Vitalitec Internaional Inc.
6. Synovis Micro Companies Alliance, Inc.
7. Ethicon US, LLC
8. Johnson & Johnson
9. B. Braun Melsungen AG
10. Smith & Nephew
11. EndoEvolution LLC
12. CryoLife, Inc.
13. Becton, Dickinson and Company
14. CONMED Corporation
15. Intuitive Surgical, Inc.
16. Boston Scientific Corporation
17. Baxter International, Inc.
18. Péters Surgical
19. Biosintex
20. Meril Life Sciences

Frequently Asked Questions:

1. Which region has the largest share in Anastomosis Devices Market?
Ans: North America region holds the highest share in 2022.

2. What is the growth rate of Anastomosis Devices Market?
Ans: The Anastomosis Devices Market is growing at a CAGR of 8.2% during forecasting period 2023-2029.

3. What segments are covered in Anastomosis Devices Market?
Ans: Anastomosis Devices Market is segmented into product, type, application and region.

4. Who are the key players in Anastomosis Devices Market?
Ans: The important key players in the Anastomosis Devices Market are – Medtronic, LivaNova PLC, MAQUET Holding B.V. & Co. KG., Dextera Surgical Inc., Vitalitec Internaional Inc., Synovis Micro Companies Alliance, Inc., Ethicon US, LLC, Johnson & Johnson,

5. What is the study period of this market?
Ans: The Anastomosis Devices Market is studied from 2022 to 2029. 




1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Anastomosis Devices Market Size, by Market Value (US$ Bn)
3.1. Global Market Segmentation
3.2. Global Market Segmentation Share Analysis, 2022
3.2.1. Global
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Anastomosis Devices Market
3.4. Geographical Snapshot of the Anastomosis Devices Market, By Manufacturer share
4. Anastomosis Devices Market Overview, 2022-2029
4.1. Market Dynamics
4.1.1. Drivers
4.1.1.1. Global
4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.2. Restraints
4.1.2.1. Global
4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.3. Opportunities
4.1.3.1. Global
4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.4. Challenges
4.1.4.1. Global
4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.5. Industry Trends and Emerging Technologies
4.1.6. Porters Five Forces Analysis
4.1.6.1. Threat of New Entrants
4.1.6.2. Bargaining Power of Buyers/Consumers
4.1.6.3. Bargaining Power of Suppliers
4.1.6.4. Threat of Substitute Products
4.1.6.5. Intensity of Competitive Rivalry
4.1.7. Value Chain Analysis
4.1.8. Technological Roadmap
4.1.9. Regulatory landscape
4.1.10. Impact of the Covid-19 Pandemic on the Anastomosis Devices Market
5. Supply Side and Demand Side Indicators
6. Anastomosis Devices Market Analysis and Forecast, 2022-2029
6.1. Anastomosis Devices Market Size & Y-o-Y Growth Analysis.
7. Anastomosis Devices Market Analysis and Forecasts, 2022-2029
7.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
7.1.1. Disposable
7.1.2. Reusable
7.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
7.2.1. Surgical Staplers
7.2.2. Surgical Sutures
7.2.3. Surgical Sealants and Adhesives
7.2.4. Others
7.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
7.3.1. Cardiovascular Surgery
7.3.2. Gastrointestinal Surgery
8. Anastomosis Devices Market Analysis and Forecasts, By Region
8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029
8.1.1. North America
8.1.2. Europe
8.1.3. Asia-Pacific
8.1.4. Middle East & Africa
8.1.5. South America
9. North America Anastomosis Devices Market Analysis and Forecasts, 2022-2029
9.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
9.1.1. Disposable
9.1.2. Reusable
9.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
9.2.1. Surgical Staplers
9.2.2. Surgical Sutures
9.2.3. Surgical Sealants and Adhesives
9.2.4. Others
9.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
9.3.1. Cardiovascular Surgery
9.3.2. Gastrointestinal Surgery
10. North America Anastomosis Devices Market Analysis and Forecasts, By Country
10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
10.1.1. US
10.1.2. Canada
10.1.3. Mexico
11. U.S. Anastomosis Devices Market Analysis and Forecasts, 2022-2029
11.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
11.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
11.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
12. Canada Anastomosis Devices Market Analysis and Forecasts, 2022-2029
12.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
12.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
12.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
13. Mexico Anastomosis Devices Market Analysis and Forecasts, 2022-2029
13.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
13.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
13.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
14. Europe Anastomosis Devices Market Analysis and Forecasts, 2022-2029
14.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
14.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
14.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
15. Europe Anastomosis Devices Market Analysis and Forecasts, By Country
15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
15.1.1. U.K
15.1.2. France
15.1.3. Germany
15.1.4. Italy
15.1.5. Spain
15.1.6. Sweden
15.1.7. CIS Countries
15.1.8. Rest of Europe
16. U.K. Anastomosis Devices Market Analysis and Forecasts, 2022-2029
16.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
16.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
16.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
17. France Anastomosis Devices Market Analysis and Forecasts, 2022-2029
17.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
17.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
17.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
18. Germany Anastomosis Devices Market Analysis and Forecasts, 2022-2029
18.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
18.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
18.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
19. Italy Anastomosis Devices Market Analysis and Forecasts, 2022-2029
19.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
19.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
19.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
20. Spain Anastomosis Devices Market Analysis and Forecasts, 2022-2029
20.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
20.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
20.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
21. Sweden Anastomosis Devices Market Analysis and Forecasts, 2022-2029
21.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
21.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
21.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
22. CIS Countries Anastomosis Devices Market Analysis and Forecasts, 2022-2029
22.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
22.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
22.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
23. Rest of Europe Anastomosis Devices Market Analysis and Forecasts, 2022-2029
23.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
23.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
23.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
24. Asia Pacific Anastomosis Devices Market Analysis and Forecasts, 2022-2029
24.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
24.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
24.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
25. Asia Pacific Anastomosis Devices Market Analysis and Forecasts, by Country
25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
25.1.1. China
25.1.2. India
25.1.3. Japan
25.1.4. South Korea
25.1.5. Australia
25.1.6. ASEAN
25.1.7. Rest of Asia Pacific
26. China Anastomosis Devices Market Analysis and Forecasts, 2022-2029
26.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
26.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
26.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
27. India Anastomosis Devices Market Analysis and Forecasts, 2022-2029
27.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
27.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
27.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
28. Japan Anastomosis Devices Market Analysis and Forecasts, 2022-2029
28.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
28.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
28.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
29. South Korea Anastomosis Devices Market Analysis and Forecasts, 2022-2029
29.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
29.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
29.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
30. Australia Anastomosis Devices Market Analysis and Forecasts, 2022-2029
30.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
30.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
30.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
31. ASEAN Anastomosis Devices Market Analysis and Forecasts, 2022-2029
31.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
31.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
31.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
32. Rest of Asia Pacific Anastomosis Devices Market Analysis and Forecasts, 2022-2029
32.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
32.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
32.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
33. Middle East Africa Anastomosis Devices Market Analysis and Forecasts, 2022-2029
33.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
33.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
33.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
34. Middle East Africa Anastomosis Devices Market Analysis and Forecasts, by Country
34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029
34.1.1. South Africa
34.1.2. GCC Countries
34.1.3. Egypt
34.1.4. Nigeria
34.1.5. Rest of ME&A
35. South Africa Anastomosis Devices Market Analysis and Forecasts, 2022-2029
35.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
35.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
35.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
36. GCC Countries Anastomosis Devices Market Analysis and Forecasts, 2022-2029
36.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
36.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
36.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
37. Egypt Anastomosis Devices Market Analysis and Forecasts, 2022-2029
37.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
37.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
37.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
38. Nigeria Anastomosis Devices Market Analysis and Forecasts, 2022-2029
38.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
38.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
38.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
39. Rest of ME&A Anastomosis Devices Market Analysis and Forecasts, 2022-2029
39.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
39.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
39.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
40. South America Anastomosis Devices Market Analysis and Forecasts, 2022-2029
40.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
40.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
40.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
41. South America Anastomosis Devices Market Analysis and Forecasts, by Country
41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029
41.1.1. Brazil
41.1.2. Argentina
41.1.3. Rest of South America
42. Brazil Anastomosis Devices Market Analysis and Forecasts, 2022-2029
42.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
42.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
42.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
43. Argentina Anastomosis Devices Market Analysis and Forecasts, 2022-2029
43.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
43.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
43.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
44. Rest of South America Anastomosis Devices Market Analysis and Forecasts, 2022-2029
44.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029
44.2. Market Size (Value) Estimates & Forecast By Type, 2022-2029
44.3. Market Size (Value) Estimates & Forecast By Application, 2022-2029
45. Competitive Landscape
45.1. Geographic Footprint of Major Players in the Anastomosis Devices Market
45.2. Competition Matrix
45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment
45.2.2. New Product Launches and Product Enhancements
45.2.3. Market Consolidation
45.2.3.1. M&A by Regions, Investment and Verticals
45.2.3.2. M&A, Forward Integration and Backward
Integration
45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
45.3. Company Profile : Key Players
45.3.1. Medtronic
45.3.1.1. Company Overview
45.3.1.2. Financial Overview
45.3.1.3. Geographic Footprint
45.3.1.4. Product Portfolio
45.3.1.5. Business Strategy
45.3.1.6. Recent Developments
45.3.2. LivaNova PLC
45.3.3. MAQUET Holding B.V. & Co. KG.
45.3.4. Dextera Surgical Inc.
45.3.5. Vitalitec Internaional Inc.
45.3.6. Synovis Micro Companies Alliance, Inc.
45.3.7. Ethicon US, LLC
45.3.8. Johnson & Johnson
45.3.9. B. Braun Melsungen AG
45.3.10. Smith & Nephew
45.3.11. EndoEvolution LLC
45.3.12. CryoLife, Inc.
45.3.13. Becton, Dickinson and Company
45.3.14. CONMED Corporation
45.3.15. Intuitive Surgical, Inc.
45.3.16. Boston Scientific Corporation
45.3.17. Baxter International, Inc.
45.3.18. Péters Surgical
45.3.19. Biosintex
45.3.20. Meril Life Sciences
46. Primary Key Insights
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