Global anastomosis devices market is anticipated to grow at a CAGR of 5.2% during the forecast period (2024-2031). The growing demand for minimally invasive surgical procedures globally has driven the growth of the global anastomosis devices market. In August 2023, approximately 60.0% of the population living in the US were suffering from at least one chronic condition such as heart ailment, cancer, stroke, and diabetes. The increasing prevalence of chronic disorders and advanced product launches by major players for the effective connection of joints is driving the growth of the global anastomosis devices market.
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Recent Developments-
- In September 2020, Medical Corp., a clinical-stage, privately-held medical device company pioneering new advancements in anastomosis technology announced the US 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.
- In March 2023, Peters Surgical acquired the German company Catgut. This acquisition, leveraging industrial, R&D, and commercial expertise, will empower Peters Surgical to reinforce its leadership across Europe while fortifying its global presence in cardiovascular and digestive medical devices. Such developments are further aiding to the global market growth.
Global Anastomosis Devices Market Report Segment
By Product
- Disposable
- Reusable
By Application
- Cardiovascular Surgery
- Gastrointestinal Surgery
- Others ( Vascular Procedures)
By End-User
- Hospitals
- Ambulatory Care Centers and Clinics
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Anastomosis Devices Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Artivion Inc.
- Baxter International Inc. (Synovis Micro Companies Alliance, Inc.)
- Becton, Dickinson and Company
- Boston Scientific Corp.
- Carponovum AB
- ETHICON, Inc. (Johnson & Johnson Services, Inc.)
- Getinge AB
- LivaNova Plc
- Medline Industries, LP
- Meril Lifesciences Pvt. Ltd.
- Mizuho Medical Co., Ltd (MIZUHO Corporation)
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