Europe Anastomosis Devices Market Size, Share & Industry Trends Analysis Report By Product Type, By Application (Cardiovascular Surgery, Gastrointestinal Surgery), By End User, By Country and Growth Forecast, 2022 - 2028
The Europe Anastomosis Devices Market would witness market growth of 4.7% CAGR during the forecast period (2022-2028).
Anastomosis devices are often utilized in coronary artery bypass surgery to enhance the left ventricular system's operational efficiency and boost the patient's survival rate. Additionally, in developed economies, technical advancements and favorable healthcare spending scenarios in cardiac treatments like percutaneous coronary intervention, coronary artery bypass graft, and open-heart valve replacement are accelerating the growth of the anastomosis market. Moreover, the rising demand for minimally invasive surgeries for coronary artery bypass graft surgery, the utilization of anastomosis devices in other surgeries such as orthopedic, gynecological, and ophthalmic surgeries, as well as various benefits of anastomosis devices such as stenosis are driving the market. Further, when compared to traditional methods, lower vessel leakage and occlusion risks are likely to propel the anastomosis devices market forward. Furthermore, the demand for better patient outcomes would boost the adoption of novel anastomosis device advancements and contribute to market growth.
According to the National Library of Medicines, the CVD is responsible for more than half of all fatalities in Europe. Lower socioeconomic levels had a greater CVD mortality rate. CVD deaths account for three-quarters of all deaths in poor nations. In addition, CVD would kill more people in developing nations in 2030 than infectious, dietary, maternal, and perinatal illnesses combined. The screening as well as the treatment of people suffering from CVRF is limited in underdeveloped nations due to a lack of an effective primary care network.
Cardiovascular risk factor prevention has been proven to be effective. Interventions, such as policies against smoking and unfavorable eating habits, and promoting physical activity, on a big scale are feasible. Individual actions are available, both in primary prevention and secondary prevention. From a macroeconomic standpoint, these interventions are both effective and profitable.
The Germany market dominated the Europe Anastomosis Devices Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $310.3 million by 2028. The UK market is poised to grow at a CAGR of 3.8% during (2022 - 2028). Additionally, The France market would witness a CAGR of 5.5% during (2022 - 2028).
Based on Product Type, the market is segmented into Disposable and Reusable. Based on Application, the market is segmented into Cardiovascular Surgery, Gastrointestinal Surgery and Others. Based on End User, the market is segmented into Hospitals and Ambulatory Care Centers & Clinics. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, LivaNova PLC, Becton, Dickinson and Company, Johnson & Johnson, Peters Surgical, Smith & Nephew PLC, Boston Scientific Corporation, B. Braun Melsungen AG, ConMed Corporation, and Baxter International, Inc.
Scope of the Study
Market Segments covered in the Report:
By Product Type
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook