Market Challenges And Opportunities

Global Automated Suturing Devices Market: Drivers

Increasing geriatric population is expected to boost growth of the global automated suturing devices market over the forecast period. For instance, according to the World Health Organization, the number of people aged 60 years and older will outnumber children younger than 5 years by 2020 and in 2050, 80% of older people will be living in low- and middle-income countries.

The adoption of bariatric surgeries has increased due to increasing prevalence obesity. Automated suturing devices are used in bariatric surgeries and gastrointestinal surgeries. Therefore, increasing prevalence obesity is expected to propel growth of the market over the forecast period. For instance, prevalence of overweight, obesity, hypertension, and diabetes were 14.6%, 3.4%, 5.2%, and 7.1%, respectively, in India, according to a study published in October 2019 in The International Journal of Environmental Research and Public Health.

Global Automated Suturing Devices Market: Restraints

However, low product availability is expected to hinder growth of the global automated suturing devices market. The stocks of automated suturing devices are limited on online channels. Covidien has listed its products – Endo Stitch and Sils Stitch – on E-bay. However, the stocks are rapidly exhausted.

Use of automated suturing devices requires appropriate training. Therefore, lack of skilled professionals is also expected to hamper the market growth.