Anastomosis Devices Market: North America Accounted For The Largest Revenue Share

 Anastomosis Devices Industry Overview

The global anastomosis devices market size was valued at USD 3.58 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.6% from 2022 to 2030. Rising surgical procedures along with the growing prevalence of cardiovascular and gastrointestinal diseases are the key trends escalating market growth. The surgical practice has been considerably impacted by the outbreak of COVID-19. The pandemic has created challenges for general surgery practice. It has had ramifications for ways of working, open vs minimally invasive, surgical techniques, patient and staff safety, theatre workflow, training, and education. All specialisms have had to triage the importance of their regular surgical procedures and think about non-surgical management options where possible. Many elective or semi-elective procedures including gastrointestinal malignancies have been suspended. However, the market will witness the demand after the commencement of these surgeries at full force.

Moreover, the demand for improved patient outcomes will drive the uptake of novel innovations in anastomosis devices and contributes to market growth. For instance, in December 2020, India Medtronic Private Limited, a wholly-owned subsidiary of Medtronic introduced EEA Circular Stapler with Tri-Staple Technology. This is the first 3-row Circular Stapler with wide-ranging height staples is indicated for use in colorectal procedures.

Gather more insights about the market drivers, restrains and growth of the Global Anastomosis Devices market

The introduction of technologically-advanced products and favorable reimbursement scenarios in cardiac procedures, which comprises Coronary Bypass Graft Surgery (CABG), open-heart valve replacement, and angioplasty in developed countries are boosting the growth of the market for anastomosis devices. For instance, Medicare Part B covers coronary artery bypass graft surgery, coronary angioplasty, valve repair & replacement, and other comprehensive Cardiac Rehabilitation (CR) programs.


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Anastomosis Devices Market Segmentation

Grand View Research has segmented the global anastomosis devices market based on product type, application, end-user, and region:

Anastomosis Devices Product Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Disposable
  • Reusable

Anastomosis Devices Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Cardiovascular Surgery
  • Gastrointestinal Surgery
  • Others

Anastomosis Devices End-user Outlook (Revenue, USD Million, 2017 - 2030)

  • Hospitals
  • Ambulatory Care Center & Clinics

Anastomosis Devices Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)


Market Share Insights

  • March 2021: Vascular Graft Solutions Ltd. received a receipt of marketing authorization from the FDA for the VIOLA. This is a new device for clampless proximal anastomosis in CABG. 


Key Companies profiled:

Some of the prominent players operating in the global anastomosis devices market are:

  • Medtronic
  • LivaNova PLC
  • MAQUET Holding B.V. & Co. KG.
  • Dextera Surgical Inc.
  • Vitalitec Internaional Inc.
  • Synovis Micro Companies Alliance, Inc.
  • Ethicon US, LLC
  • Peters Surgical


Order a free sample PDF of the Anastomosis Devices Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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