Pharma and Healthcare - Microvascular Anastomosis Market

The study provides an analysis of the Global Microvascular Anastomosis Market and evaluates trends to forecast the performance for the following years from 2020 to 2027. For the research, 2017 and 2018 are the historical years, 2019 is the base year, and 2020-2027 is the forecast period. This study will help give the reader an extensive idea about the size, share, trends, and growth of the industry in the current and upcoming years.

Global Microvascular Anastomosis Market: Introduction

The anastomosis is a surgical connection between any two tubular structures, like blood vessels or the loops of the intestine. It is performed by a professional surgeon using the anastomosis devices during the cardiac and gastrointestinal surgeries, wherein the surgeon usually staples the two open ends in order to form a new connection. The major forms of anastomosis are vascular and gastrointestinal.

Vascular anastomosis is a connection between a blood vessel and a graft in order to form a bypass during a heart bypass surgery. The gastrointestinal anastomosis is mainly performed during the bowel resection, wherein the surgeon reattached the two open ends of the intestine with the help of stitches or staples.

Global Microvascular Anastomosis Market: Dynamics

The market size is predicted to reach USD XX Million by 2027, from USD XX Million in 2017, at a remarkable CAGR of XX% over the forecast period.

The introduction of technologically advanced products that can provide better patient outcomes is another key force driving industry growth. Anastomosis performed using this device is 50% stronger than the sutures as they prevent the vessel from collapsing.

Anastomosis devices are highly helpful in simplifying the anastomosis procedure and significantly minimizing surgery time. Hence, these factors are expected to provide a major boost to the global industry. The presence of a supportive regulatory framework is also helping fuel the growth of the sector remarkably.

Global Microvascular Anastomosis Market: Regional Outlook

Geographically the regions covered in the report are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

North America holds the largest revenue share owing to the growing prominence of cardiovascular diseases, and the increasing number of R&D collaborations carried out by the key players in the region.

Asia Pacific is predicted to record the highest CAGR over the forecast timeline due to the improvement of the economic conditions, growing healthcare awareness among people, and an increase in the geriatric population in the region as they are more prone to cardiovascular and gastrointestinal diseases. China, Japan, and India are the major contributors to the APAC region.

Global Microvascular Anastomosis Market: Competitive Landscape

The sector consists of several local and regional vendors. These players cater to the needs of all end-user segments. Major players in the industry compete based on product prices, designs, and the global supply distribution network. The existing established companies and the new entrants form business strategies such as mergers, acquisitions, product launches, joint ventures, and brand promotions to gain a robust footing in the industry. New product research and technology are also adopted by companies to gain a competitive advantage.

Start-up traction

• In August 2016, Dextera Surgical Inc. signed a joint development program with Intuitive Surgical, Inc. for developing a novel surgical stapler.

Deals Analysis

• In January 2017, Ethicon Endo-Surgery, Inc. completed the acquisition of Megadyne Medical Products, Inc. This will help Ethicon in expanding its advanced energy portfolio, including the powered circular stapler.

This report covers the current COVID-19 effects on the economy. This outbreak has brought along drastic changes in world economic situations. The current scenario of the business sector and initial and future assessment of the effects are covered in the report.

Global Microvascular Anastomosis Market: Segmentation

By Type (Revenue, USD Million; Volume in Tons, 2017–2027)

• Disposable
• Reusable

By Application Type (Revenue, USD Million; Volume in Tons, 2017–2027)

• Cardiovascular Surgery
• Gastrointestinal Surgery
• Others

Leading Participants

• Medtronic
• Braun
• Dextera Surgical Inc.
• Ethicon Inc.
• Vitalitec International Inc.
• Novare Surgical Systems, Inc.
• MAQUET Holding B.V. & Co.
• LivaNova PLC
• Synovis Micro Companies Alliance, Inc

By Region (Revenue, USD Million; Volume in Tons, 2017–2027)

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa

Key Coverage of Report

• This report provides a qualitative and quantitative analysis of the Microvascular Anastomosis Market.
• Detailed analysis of share, size, and growth rate for major segments. An upward trend is observed in the penetration of the industry over the forecast period.
• Region and country-wise assessment for the period 2017-2027.
• Market share analysis of the prominent industry players.
• Industry forecasts for all leading segments and regions.
• Key trends (Drivers, Constraints, Threats, Opportunities, Challenges, recommendations).
• Strategic recommendations in important and niche business segments based on accurate estimations.
• Competitive landscape mapping key trends.