(PharmaNewsWire.Com, January 31, 2020 ) The growth of Anastomosis Device Market is primarily driven by the increasing incidence of target diseases and the subsequent growth in the number of surgical procedures, growing demand for minimally invasive surgeries, and technological advancements.
The global Anastomosis Device Market is projected to reach USD 2.9 billion by 2024 from an estimated USD 2.1 billion in 2019 at a CAGR of 7.2%.
+ Market Dynamics
+ Drivers
+Increasing Target Disease Prevalence and Subsequent Growth in the Number of Surgical Procedures
“The surgical staplers segment dominated the anastomosis devices market in 2018.”
Based on the type, the global anastomosis devices market is segmented into surgical staplers, surgical sutures, and surgical sealants & adhesives. In 2018, surgical staplers accounted for the largest share of the market, and this segment is also estimated to grow at the highest CAGR during the forecast period.
“In 2018, the gastrointestinal surgeries segment accounted for the largest share of the anastomosis devices market.”
Based on application, the market is segmented into gastrointestinal surgeries, cardiovascular & thoracic surgeries, and other applications. The gastrointestinal surgeries segment is estimated to grow at the highest CAGR during the forecast period.
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