Industry Background:
Anastomosis devices are used in an anastomosis procedure which is a surgical connection between two structures, that is blood vessels or loops of the intestine. The device is available in two types that are proximal and distal anastomosis devices that facilitate the creation of reproducible, compliant anastomoses mainly in difficult-to-reach areas with minimal incisions. It also reduces some types of hazards that might be manually inherited in technically challenging or suboptimal conditions.This growth is primarily driven by Rising Number of Intestine Related Problems
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Medical Devices sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as LivaNova PLC (United Kingdom), Dexetra Surgical Inc. (United States), Ethicon US, LLC (Johnson & Johnson) (United States), Synovis Micro Companies Alliance, Inc. (Baxter) (United States), Medtronic plc (Ireland), B. Braun Melsungen AG (Germany), CryoLife, Inc. (United States) and Intuitive Surgical, Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In June 2022, Ethicon launched ECHELON 3000 Stapler device that provides surgeons with simple, one-handed powered articulation to help address the unique needs of their patients. ECHELON 3000 Stapler have 39% greater jaw aperture and a 27% greater articulation span. This launch helped Ethicon to expand its presence in anastomosis devices market
On 30th September 2020, Medtronic announced that it plans to acquire endovascular arteriovenous (AV) fistulae creator Avenu Medical.mTerms of the transaction were not disclosed by the Medtech giant or the soon-to-be acquired San Juan Capistrano, Calif.-based company, which focuses on the endovascular creation of AV fistulae for patients with end-stage renal disease (ESRD) undergoing dialysis, according to a news release.Anastomosis devices market is a fragmented market due to the presence of various players. The players are focusing on increasing their manufacturing capacity and are offering competitive prices to gain high market share and establish their position in the market. Further, companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge
Regulatory Insights:
"GI Windows Medical Corp, a clinical-stage, privately-held medical device company pioneering new advancements in anastomosis technology announced the U.S. Food and Drug Administration (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."
Influencing Trend:
Increasing Adoption of Disposable Anastomosis Devices for the Anastomosis
Market Growth Drivers:
Rising Number of Intestine Related Problems and Increasing Demand for Resection Surgery for Removing Intestine Blockage
Challenges:
Risk of Side Effects Associated with Anastomosis Procedure
Restraints:
Regulatory Guidelines on the Production and Usage of Anastomosis Devices
Opportunities:
Growing Investment of Healthcare Industry in the Technological Advancement in Anastomosis Devices
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Anastomosis Devices Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Anastomosis Devices Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Anastomosis Devices players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Anastomosis Devices Study Sheds Light on
The Anastomosis Devices Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Anastomosis Devices industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Anastomosis Devices industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.