Anastomosis Devices Market By Product (Disposable, Reusable), By Application (Cardiovascular Surgery, Gastrointestinal Surgery), By End-user (Hospitals, Ambulatory Care Centers & Clinics) and Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) Global Forecast 2020 to 2030

Anastomosis devices play a significant role in surgical procedures. Major forms of anastomosis include vascular and gastrointestinal. HEARTSTRING II Proximal Seal System, PAS-Port Proximal Anastomosis System, Enclose II Anastomosis Assist Device and C-Port Distal Anastomosis Systems are some most prominent anastomosis devices available in the market. The need for anastomosis devices has significantly increased owing to rapidly growing volume of surgical procedures. According to HonorHealth, approximately 500,000 coronary artery bypass surgery (CABG) procedures are performed in the U.S. Cardiac and gastrointestinal disorders such as colorectal cancer determine huge healthcare burden. Rapid rise in prevalence of such chronic disorders will propel demand for surgical procedures. This, in turn, will elevate the number of surgical site infections post surgeries. Anastomosis devices such as sutures, staplers, sealants and adhesives help to treat large wounds caused post-surgery, thereby reducing the risk of infections at the surgical site. Moreover, major industry players are also investing in R&D to develop technologically advanced anastomosis devices.

The global anastomosis market has been segmented based on product, application, end-user, and region. Based on products, the anastomosis market is segmented into surgical sutures, surgical staplers, and surgical sealants and adhesives. Surgical sutures are sub-categorized into absorbable sutures, non-absorbable sutures, and automatic suturing devices. Surgical staplers segment is further classified for manual, powered, and circular surgical staplers. Surgical sealants and adhesives segment is sub-classified into natural/biological and synthetic sealants and adhesives. Surgical staplers segment held majority of the market share in 2018 owing to advantages such as quick placement, ease of use, accurate wound closure, and minimal interaction with the tissue, shorter operating time, and minimum risk of infections. Moreover, rapid adoption of powered and circular surgical staplers over manually operated surgical stapling devices is other factor anticipated to fuel the growth of the segment in the future.

On the basis on application, the global anastomosis market is categorized into gastrointestinal surgeries, cardiovascular surgeries and others. Gastrointestinal surgeries held substantial share of the market in 2018 owing to numerous colorectal surgeries performed across the globe. Anastomosis products are majorly adopted in hospitals, ambulatory surgical centers and clinics. Hospitals dominated the global anastomosis market in 2018 owing to increase in adoption of anastomosis devices during surgical procedures.

The global anastomosis devices market is cumulative to North America, Europe, Asia Pacific, Latin America and Middle East & Africa. North America dominated the global anastomosis devices market in 2018, however Asia Pacific is expected to grow at a highest pace through 2025.

Increase in incidence of cardiovascular and gastrointestinal diseases along with surging volume of surgeries performed in the U.S. are major factors expected to drive the demand for anastomosis devices in the region. For instance, about 500,000 colectomies are performed annually in the country which is expected to rise owing to rapidly growing geriatric population. Of these, 32% account for colorectal cancer surgeries whereas, 68% are performed for non-cancerous diseases. Additionally, colorectal surgery is the second-leading readmission procedure in the U.S. posing huge cost burden. Moreover, favorable reimbursement policies along with large volume of CABG procedures performed in the U.S. will increase the demand for anastomosis devices in the future. These factors are likely to boost the growth of the market in North America.

However, Asia Pacific is expected to grow at a rapid pace over the next few years. There is a strong growth potential in the emerging economies such as India, and China. The rapidly rising geriatric population, surge in incidence of chronic ailments along with growing demand for minimally invasive surgeries in countries such as India and China provide as large market for anastomosis devices.