Automated suturing devices are medical devices used for sealing tissue after surgery or wound. These devices are used in various surgeries. In most developed countries, automated suturing is preferred over conventional suturing as it enables better wound healing and decreases hospital stay duration of patients post-surgery. Global automated suturing devices market is estimated to account for US$ 471.0 Mn by the end of 2015, and is projected to grow substantially due to rising demand for automated suturing devices in minimally invasive surgeries.
Future Market Insights (FMI), in its latest report titled, “Automated Suturing Devices Market: Global Industry Analysis and Opportunity Assessment 2015–2025”, forecasts the global automated suturing devices market revenue to expand at a CAGR of 5.3% during the forecast period (2015–2025). Global automated suturing devices market is estimated to account for US$ 471.0 Mn by the end of 2015, mainly driven by rising number of minimally invasive surgical procedures.
Request Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-579
Major players in the automated suturing devices market include Medtronic Plc., Boston Scientific, C. R. Bard, Inc., Apollo Endosurgery, EndoEvolution, LLC, LSI Solutions, Inc. and SuturTek Inc. In 2010, Covidien (subsidiary of Medtronic Plc.) launched the SILS Stitch articulating suturing device for advanced laparoscopic surgery to increase market share in the global automated suturing devices market. Major companies are acquiring other companies to strength their position in the market. In 2013, Boston Scientific acquired the fixate tissue band – a semi-automated suturing device – from Anulex Technologies.