Anastomosis Devices Market Analysis By Product (Disposable, Reusable), By Application (Cardiovascular Surgery, Gastrointestinal Surgery), By Region, Competitive Landscape, And Segment Forecasts, 2018 - 2025

Published: Mar, 2018 | Pages: 75 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global anastomosis devices market size is projected to reach USD 24.84 million by 2025, according to a new report by Grand View Research, Inc., progressing at a CAGR of 5.2% during the forecast period. Rising prevalence of cardiovascular and gastrointestinal diseases is poised to propel the demand for anastomosis devices in the coming years.

According to WHO, 17.7 million people died from CVD in 2015, which represented 31.0% of all deaths in the world. It also states that 80% of these deaths are due to strokes and heart attacks. CHD/CAD (Coronary Heart/Artery Disease) is the most common type of heart disease and around 370,000 people die annually in the U.S. Surgery is crucial for the treatment of such life-threatening diseases, thereby increasing the adoption of anastomosis devices in these surgeries.

Lifestyle associated changes, medical procedures, and/or drug therapy can be effectively used to prevent or treat CAD in most people. Clearly, invasive cardiac surgery is not the first-line of treatment for patients, where less invasive options such as angioplasty and stenting are feasible. Nevertheless, for many patients with advanced or diffuse diseases, surgery remains the best option and anastomosis devices are widely used in such surgeries. Swelling demand for CABG, increasing geriatric population, reduced risk associated with surgery, and growing number of people who need re-operations after 10 to 12 years from their first bypass surgery.

Introduction of technologically advanced products with associated advantages such as less exposure to anesthesia, reduced operating time, reduced chances of blood leaks, and convenience are among factors likely to stoke growth of the market. Moreover, presence of favorable reimbursement structure in developed countries is estimated to bolster the growth of the market. For instance, Medicare policies in the U.S. offer reimbursement for CABG and colorectal surgery.

Further key findings from the study suggest:

• Disposable anastomotic devices will continue to dominate the market until 2025, commanding just over 88.0% of the overall market. The growth of the segment can be attributed to wide product offering of various market players

• Reusable anastomotic devices are anticipated to exhibit a CAGR of about 6.0% over the forecast period owing to increasing need to reduce biomedical waste

• On the basis of application, cardiovascular surgery held the largest share of the market in 2016 owing to rising prevalence of CHD and increasing number of CABG procedures around the globe

• North America was at the forefront in the global arena owing to presence of well-structured reimbursement policies, widening base of target population, and local presence of a large number of key players

• Asia Pacific is expected to grow at a lucrative rate of 6.1% during the forecast period owing to growing geriatric population, rising incidence of CVD, rapid developments in the healthcare sector, and increasing disposable income

• Key market players are engaged in various strategies such as distribution agreements to augment their market penetration. For instance, in February 2016, Maquet Medical Systems USA entered into a distribution agreement with BIOTRONIK to distribute the latter's peripheral vascular devices in the U.S.

 Table of Contents

Chapter 1 Executive Summary
                 1.1 Market Snapshot

Chapter 2 Research Methodology & Scope
                 2.1 Region Wise Market Calculation
                     2.1.1 Region Wise Market: Base Estimates
                     2.1.2 Global Market: CAGR Calculation
                 2.2 Region based segment share calculation
                 2.3 List of Secondary Sources

Chapter 3 Anastomosis Devices Market Variables, Trends & Scope
                 3.1 Market Segmentation & Scope
                 3.2 Market Driver Analysis
                    3.2.1 Increasing number of surgeries such as CABG, bowel resection, and others
                    3.2.2 Introduction of technologically advanced products
                 3.3 Market Restraint Analysis
                    3.3.1 Presence of therapeutics and other substitutes
                 3.4 Penetration & Growth Prospect Mapping
                 3.5 Anastomosis Devices - SWOT Analysis, By Factor (political & legal, economic and technological)
                 3.6 Industry Analysis - Porter's

Chapter 4 Anastomosis Devices Market: Product Type Estimates & Trend Analysis
                 4.1 Anastomosis Devices Market: Product Type Movement Analysis
                 4.2 Disposable
                     4.2.1 Disposable anastomosis devices market estimates and forecasts, 2014 - 2025 (USD Million)
                 4.3 Reusable
                     4.3.1 Reusable anastomosis devices market estimates and forecasts, 2014 - 2025 (USD Million)

Chapter 5 Anastomosis Devices Market: Application Estimates & Trend Analysis
                 5.1 Anastomosis Devices Market: Application Movement Analysis
                 5.2 Cardiovascular Surgery
                     5.2.1 Cardiovascular surgery market estimates and forecasts, 2014 - 2025 (USD Million)
                 5.3 Gastro - intestinal Surgery
                     5.3.1 Gastro - intestinal surgery market estimates and forecasts, 2014 - 2025 (USD Million)
                 5.4 Others
                     5.4.1 Others market estimates and forecasts, 2014 - 2025 (USD Million)

Chapter 6 Anastomosis Devices Market: Regional Estimates & Trend Analysis, by Product and Application
                  6.1 Anastomosis Devices Market Shares by Region, 2016 & 2025
                  6.2 North America
                     6.2.1 North America anastomosis devices market estimates and forecasts, 2014 - 2025 (USD Million)
                     6.2.2 U.S.
                         6.2.2.1 U.S. anastomosis devices market estimates and forecasts, 2014 - 2025(USD Million)
                     6.2.3 Canada
                         6.2.3.1 Canada anastomosis devices market estimates and forecasts, 2014 - 2025(USD Million)
                  6.3 Europe
                     6.3.1 Europe anastomosis devices market estimates and forecasts, 2014 - 2025 (USD Million)
                     6.3.2 Germany
                         6.3.2.1 Germany anastomosis devices market estimates and forecasts, 2014 - 2025 (USD Million)
                     6.3.3 U.K.
                         6.3.3.1 U.K. anastomosis devices market estimates and forecasts, 2014 - 2025(USD Million)
                  6.4 Asia Pacific
                         6.4.1.1 Asia Pacific anastomosis devices market estimates and forecasts, 2014 - 2025 (USD Million)
                      6.4.2 Japan
                         6.4.2.1 Japan anastomosis devices market estimates and forecasts, 2014 - 2025 (USD Million)
                      6.4.3 China
                         6.4.3.1 China anastomosis devices market estimates and forecasts, 2014 - 2025 (USD Million)
                     6.4.4 India
                         6.4.4.1 India anastomosis devices market estimates and forecasts, 2014 - 2025 (USD Million)
                  6.5 Latin America
                         6.5.1.1 Latin America anastomosis devices market estimates and forecasts, 2014 - 2025 (USD Million)
                     6.5.2 Brazil
                         6.5.2.1 Brazil anastomosis devices market estimates and forecasts, 2014 - 2025 (USD Million)
                     6.5.3 Mexico
                         6.5.3.1 Mexico anastomosis devices market estimates and forecasts, 2014 - 2025 (USD Million)
                 6.6 MEA
                         6.6.1.1 MEA anastomosis assist devices market estimates and forecasts, 2014 - 2025 (USD Million)
                     6.6.2 South Africa
                         6.6.2.1 South Africa anastomosis devices market estimates and forecasts, 2014 - 2025 (USD Million)

Chapter 7 Competitive Landscape
                 7.1 Strategy Framework
                 7.2 Market Participation Categorization
                 7.3 Company Profiles
                     7.3.1 Medtronic
                         7.3.1.1 Company overview
                         7.3.1.2 Financial performance
                         7.3.1.3 Product benchmarking
                         7.3.1.4 Strategic initiatives
                     7.3.2 LivaNova PLC
                         7.3.2.1 Company overview
                         7.3.2.2 Financial performance
                         7.3.2.3 Product benchmarking
                         7.3.2.4 Strategic initiatives
                     7.3.3 MAQUET Holding B.V. & Co. KG.
                         7.3.3.1 Company overview
                         7.3.3.1 Financial performance
                         7.3.3.2 Product benchmarking
                         7.3.3.3 Strategic initiatives
                     7.3.4 Vitalitec International Inc.
                         7.3.4.1 Company overview
                         7.3.4.2 Product benchmarking
                         7.3.4.3 Product benchmarking
                         7.3.4.4 Strategic initiatives
                     7.3.5 Dextera Surgical Inc.
                         7.3.5.1 Company overview
                         7.3.5.2 Financial performance
                         7.3.5.3 Product benchmarking
                         7.3.5.1 Strategic Initiatives
                     7.3.6 Synovis Micro Alliance, Inc.
                         7.3.6.1 Company overview
                         7.3.6.1 Financial performance
                         7.3.6.2 Product benchmarking
                     7.3.7 Ethicon US, LLC.
                         7.3.7.1 Company overview
                         7.3.7.2 Financial performance
                         7.3.7.3 Product benchmarking
                         7.3.7.4 Strategic initiatives

List of Tables

TABLE 1 Country share estimation
TABLE 2 North America anastomosis devices market, by product, 2014 - 2025 (USD Million)
TABLE 3 North America anastomosis devices market, by application, 2014 - 2025 (USD Million)
TABLE 4 U.S. anastomosis devices market, by product, 2014 - 2025 (USD Million)
TABLE 5 U.S. anastomosis devices market, by application, 2014 - 2025 (USD Million)
TABLE 6 Canada anastomosis devices market, by product, 2014 - 2025 (USD Million)
TABLE 7 Canada anastomosis devices market, by application, 2014 - 2025 (USD Million)
TABLE 8 Europe anastomosis devices market, by product, 2014 - 2025 (USD Million)
TABLE 9 Europe anastomosis devices market, by application, 2014 - 2025 (USD Million)
TABLE 10 Germany anastomosis devices market, by product, 2014 - 2025 (USD Million)
TABLE 11 Germany anastomosis devices market, by application, 2014 - 2025 (USD Million)
TABLE 12 U.K. anastomosis devices market, by product, 2014 - 2025 (USD Million)
TABLE 13 U.K. anastomosis devices market, by application, 2014 - 2025 (USD Million)
TABLE 14 Asia Pacific anastomosis devices market, by product, 2014 - 2025 (USD Million)
TABLE 15 Asia Pacific anastomosis devices market, by application, 2014 - 2025 (USD Million)
TABLE 16 Japan anastomosis devices market, by product, 2014 - 2025 (USD Million)
TABLE 17 Japan anastomosis devices market, by application, 2014 - 2025 (USD Million)
TABLE 18 China anastomosis devices market, by product, 2014 - 2025 (USD Million)
TABLE 19 China anastomosis devices market, by application, 2014 - 2025 (USD Million)
TABLE 20 India anastomosis devices market, by product, 2014 - 2025 (USD Million)
TABLE 21 India anastomosis devices market, by application, 2014 - 2025 (USD Million)
TABLE 22 Latin America anastomosis devices market, by product, 2014 - 2025 (USD Million)
TABLE 23 Latin America anastomosis devices market, by application, 2014 - 2025 (USD Million)
TABLE 24 Brazil anastomosis devices market, by product, 2014 - 2025 (USD Million)
TABLE 25 Brazil anastomosis devices market, by application, 2014 - 2025 (USD Million)
TABLE 26 Mexico anastomosis devices market, by product, 2014 - 2025 (USD Million)
TABLE 27 Mexico anastomosis devices market, by application, 2014 - 2025 (USD Million)
TABLE 28 MEA anastomosis devices market, by product, 2014 - 2025 (USD Million)
TABLE 29 MEA anastomosis devices market, by application, 2014 - 2025 (USD Million)
TABLE 30 South Africa anastomosis devices market, by product, 2014 - 2025 (USD Million)
TABLE 31 South Africa anastomosis devices market, by application, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Market summary (USD Million)
FIG. 2 Market trends & outlook
FIG. 3 Market segmentation & scope
FIG. 4 Market driver relevance analysis (Current & future impact)
FIG. 5 Market restraint relevance analysis (Current & future impact)
FIG. 6 Penetration & growth prospect mapping
FIG. 7 SWOT Analysis, By Factor (political & legal, economic and technological)
FIG. 8 Porter's Five Forces Analysis
FIG. 9 Anastomosis devices market, product type outlook: Key takeaways
FIG. 10 Anastomosis devices market: Product type movement analysis
FIG. 11 Global disposable anastomosis devices market, 2014 - 2025 (USD Million)
FIG. 12 Global reusable anastomosis devices market, 2014 - 2025 (USD Million)
FIG. 13 Anastomosis devices market application outlook: Key takeaways
FIG. 14 Anastomosis devices market: Application movement analysis
FIG. 15 Global cardiovascular surgery market, 2014 - 2025 (USD Million)
FIG. 16 Global gastro - intestinal surgery market, 2014 - 2025 (USD Million)
FIG. 17 Global others market, 2014 - 2025 (USD Million)
FIG. 18 Regional market place: Key takeaways
FIG. 19 Regional outlook, 2016 & 2025
FIG. 20 North America anastomosis devices market, 2014 - 2025 (USD Million)
FIG. 21 U.S. anastomosis devices market, 2014 - 2025 (USD Million)
FIG. 22 Canada anastomosis devices market, 2014 - 2025 (USD Million)
FIG. 23 Europe anastomosis devices market, 2014 - 2025 (USD Million)
FIG. 24 Germany anastomosis devices market, 2014 - 2025 (USD Million)
FIG. 25 U.K. anastomosis devices market, 2014 - 2025 (USD Million)
FIG. 26 Asia Pacific anastomosis devices market, 2014 - 2025 (USD Million)
FIG. 27 Japan anastomosis devices market, 2014 - 2025 (USD Million)
FIG. 28 China anastomosis devices market, 2014 - 2025 (USD Million)
FIG. 29 India anastomosis devices market, 2014 - 2025 (USD Million)
FIG. 30 Latin America anastomosis devices market, 2014 - 2025 (USD Million)
FIG. 31 Brazil anastomosis devices market, 2014 - 2025 (USD Million)
FIG. 32 Mexico anastomosis devices market, 2014 - 2025 (USD Million)
FIG. 33 MEA anastomosis assist devices market, 2014 - 2025 (USD Million)
FIG. 34 South Africa anastomosis devices market, 2014 - 2025 (USD Million)
FIG. 35 Strategy framework
FIG. 36 Participant categorization