The global automated suturing devices market size is expected to reach USD 5.1 billion by 2028, according to a new report by the publisher. The market is expected to expand at a CAGR of 6.7% from 2021 to 2028. The factors influencing market growth include the increasing prevalence of chronic disorders, the growing geriatric population, rising preference of minimally invasive surgeries over traditional methods, growing technological advancements, and novel innovations in surgical equipment is also propelling the growth. However, lower penetration of automated suturing devices in developing economies and a lack of skilled professionals are expected to hinder market growth.
The increasing prevalence of minimally invasive surgeries for the preventive treatment of chronic disorders such as cardiac, orthopedic, gastrointestinal, and gynecological surgeries is expected to fuel market growth. Minimally invasive surgeries have advantages such as safety, shorter hospital stay and recovery time, and an overall reduction in hospital bills. These minimally invasive surgeries are economically viable alternatives to open or traditional surgeries. Technological advancements in minimally invasive surgeries and the introduction of new products in the market are among factors expected to drive the market.
Furthermore, the increasing geriatric population leads to a heavy financial burden on the global healthcare system. According to Population Reference Bureau, in the U.S., the number of people aged 65 years and above is expected to reach 95 million by 2060. Such a sudden increase in geriatrics is expected to increase the demand for automated suturing devices for preventive surgeries and which in turn, fuels market growth.
Increasing number of initiatives being undertaken by governments and nonprofit organizations to increase awareness about minimally invasive surgeries is expected to boost the adoption of automated suturing devices used for preventive treatment.
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The increasing prevalence of minimally invasive surgeries for the preventive treatment of chronic disorders such as cardiac, orthopedic, gastrointestinal, and gynecological surgeries is expected to fuel market growth. Minimally invasive surgeries have advantages such as safety, shorter hospital stay and recovery time, and an overall reduction in hospital bills. These minimally invasive surgeries are economically viable alternatives to open or traditional surgeries. Technological advancements in minimally invasive surgeries and the introduction of new products in the market are among factors expected to drive the market.
Furthermore, the increasing geriatric population leads to a heavy financial burden on the global healthcare system. According to Population Reference Bureau, in the U.S., the number of people aged 65 years and above is expected to reach 95 million by 2060. Such a sudden increase in geriatrics is expected to increase the demand for automated suturing devices for preventive surgeries and which in turn, fuels market growth.
Increasing number of initiatives being undertaken by governments and nonprofit organizations to increase awareness about minimally invasive surgeries is expected to boost the adoption of automated suturing devices used for preventive treatment.
Automated Suturing Devices Market Report Highlights
- The reusable automated suturing devices segment has captured the largest revenue share in 2020
- The cardiac segment dominated the market and accounted for revenue share in 2020 followed by the orthopedic segment in 2020 owing to the rising burden of cardiovascular disorders is the major factor contributing to segment growth
- The ASC segment is predicted to witness the fastest growth rate over the forecast timeframe due to increasing patient footfall and quick turnaround
- North America dominated the market and is predicted to maintain its dominance over the forecast period
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Table of Contents
Chapter 1. Methodology and Scope1.1 Market Segmentation & Scope
1.1.1 Product
1.1.2 Application
1.1.3 End Use
1.1.4 Regional Scope
1.1.5 Estimates and Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
1.3.1 Purchased Database
1.3.2 Internal database
1.3.3 Secondary Sources
1.3.4 Primary Research
1.3.5 Details of Primary Research
1.3.5.1 Data for primary interviews in North America
1.3.5.3 Data for Primary Interviews in Europe
1.3.5.4 Data for Primary Interviews in APAC
1.3.5.6 Data for Primary Interviews in Latin America
1.3.5.8 Data for Primary Interviews in MEA
1.4 Information or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Commodity Flow Analysis (Model 1)
1.6.1.1 Approach 1: Commodity Flow Approach
1.6.2 Volume Price Analysis (Model 2)
1.6.2.1 Approach 2: Volume Price Analysis
1.7 List of Secondary Sources
1.8 List of Abbreviations
1.9 Objectives
1.9.1 Objective 1
1.9.2 Objective 2
1.9.3 Objective 3
1.9.4 Objective 4
Chapter 2 Executive Summary
2.1 Market Outlook
Chapter 3 Automated Suturing Devices Market Variables, Trends & Scope
3.1 Penetration & Growth Prospect Mapping
3.2 Market Dynamics
3.2.1 Market Drivers Analysis
3.2.1.1 Increasing number of surgical procedures and growing adoption of minimally invasive surgeries
3.2.1.2 Rising numbers of accidents, trauma cases, and occupational injuries
3.2.2 Market Restraint Analysis
3.2.2.1 Low product availability and high cost of the devices
3.2.2.2 Dearth of skilled professionals
3.2.3 Market Opportunity Analysis
3.2.3.1 Patient inclination towards minimally invasive surgeries
3.2.3.2 Increased demand for advanced automated surgical devices for efficient post-surgical pain management
3.3 Automated Suturing Devices Market: Market Analysis Tools
3.3.1 SWOT Analysis by PESTEL
3.3.2 Industry Analysis - Porter’s
3.4 Impact of COVID-19
3.4.1 COVID-19 Impact Analysis
3.4.2 Impact on Market Players
Chapter 4 Automated Suturing Devices Market: Segment Analysis, By Product, 2017 - 2028 (USD Million)
4.1 Definitions and Scope
4.2 Product Market Share Analysis
4.3 Segment Dashboard
4.4 Automated Suturing Devices Market by Product
4.5 Market Size & Forecasts and Trend Analyses, 2017 to 2028 for the following
4.5.1 Disposable
4.5.1.1 Disposable Market Estimates and Forecast, 2017 - 2028 (USD Million)
4.5.2 Reusable
4.5.2.1 Reusable Market Estimates and Forecast, 2017 - 2028 (USD Million)
Chapter 5 Automated Suturing Devices Market: Segment Analysis, By Application, 2017 - 2028 (USD Million)
5.1 Definitions and Scope
5.2 Application Market Share Analysis
5.3 Segment Dashboard
5.4 Automated Suturing Devices Market by Application
5.5 Market Size & Forecasts and Trend Analyses, 2017 to 2028 for the following
5.5.1 Cardiac
5.5.1.1 Cardiac Market Estimates and Forecast, 2017 - 2028 (USD Million)
5.5.2 Orthopedic
5.5.2.1 Orthopedic Market Estimates and Forecast, 2017 - 2028 (USD Million)
5.5.3 Ophthalmic
5.5.3.1 Ophthalmic Market Estimates and Forecast, 2017 - 2028 (USD Million)
5.5.4 Gastrointestinal
5.5.4.1 Gastrointestinal Market Estimates and Forecast, 2017 - 2028 (USD Million)
5.5.5 Dental
5.5.5.1 Dental Market Estimates and Forecast, 2017 - 2028 (USD Million)
5.5.6 Gynecological
5.5.6.1 Gynecological Market Estimates and Forecast, 2017 - 2028 (USD Million)
5.5.7 Others
5.5.7.1 Others Market Estimates and Forecast, 2017 - 2028 (USD Million)
Chapter 6 Automated Suturing Devices Market: Segment Analysis, By End Use, 2017 - 2028 (USD Million)
6.1 Definitions and Scope
6.2 End Use Market Share Analysis
6.3 Segment Dashboard
6.4 Automated Suturing Devices Market by End Use
6.5 Market Size & Forecasts and Trend Analyses, 2017 to 2028 for the following
6.5.1 Hospitals
6.5.1.1 Hospitals Market Estimates and Forecast, 2017 - 2028 (USD Million)
6.5.2 Ambulatory surgery centers (ASCs)
6.5.2.1 Ambulatory Surgery Centers Market Estimates and Forecast, 2017 - 2028 (USD Million)
6.5.3 Others
6.5.3.1 Others Market Estimates and Forecast, 2017 - 2028 (USD Million)
Chapter 7 Automated Suturing Devices Market: Regional Market Analysis, 2017 - 2028 (USD Million)
7.1 Regional Market Dashboard
7.2 Definitions and Scope
7.3 Regional Market Share Analysis
7.4 North America
7.4.1 North America market estimates and forecast, 2017 - 2028
7.4.2 U.S.
7.4.2.1 U.S. market estimates and forecast, 2017 - 2028
7.4.3 Canada
7.4.3.1 Canada market estimates and forecast, 2017 - 2028
7.5 Europe
7.5.1 Europe market estimates and forecast, 2017 - 2028
7.5.2 U.K.
7.5.2.1 U.K. market estimates and forecast, 2017 - 2028
7.5.3 Germany
7.5.3.1 Germany market estimates and forecast, 2017 - 2028
7.5.4 France
7.5.4.1 France market estimates and forecast, 2017 - 2028
7.5.5 Italy
7.5.5.1 Italy market estimates and forecast, 2017 - 2028
7.5.6 Spain
7.5.6.1 Spain market estimates and forecast, 2017 - 2028
7.6 Asia Pacific
7.6.1 Asia Pacific market estimates and forecast, 2017 - 2028
7.6.2 India
7.6.2.1 India market estimates and forecast, 2017 - 2028
7.6.3 Japan
7.6.3.1 Japan market estimates and forecast, 2017 - 2028
7.6.4 China
7.6.4.1 China market estimates and forecast, 2017 - 2028
7.6.5 Australia
7.6.5.1 Australia market estimates and forecast, 2017 - 2028
7.6.6 South Korea
7.6.6.1 South Korea market estimates and forecast, 2017 - 2028
7.7 Latin America
7.7.1 Latin America market estimates and forecast, 2017 - 2028
7.7.2 Mexico
7.7.2.1 Mexico market estimates and forecast, 2017 - 2028
7.7.3 Brazil
7.7.3.1 Brazil market estimates and forecast, 2017 - 2028
7.7.4 Argentina
7.7.4.1 Argentina market estimates and forecast, 2017 - 2028
7.7.5 Colombia
7.7.5.1 Colombia market estimates and forecast, 2017 - 2028
7.8 Middle East and Africa
7.8.1 Middle East and Africa market estimates and forecast, 2017 - 2028
7.8.2 South Africa
7.8.2.1 South Africa market estimates and forecast, 2017 - 2028
7.8.3 Saudi Arabia
7.8.3.1 Saudi Arabia market estimates and forecast, 2017 - 2028
7.8.3 UAE
7.8.3.1 UAE market estimates and forecast, 2017 - 2028
Chapter 8 Automated Suturing Devices Market - Competitive Analysis
8.1 Kind of Competition
8.2 Concentration of Market Players
8.3 Company Market Share Analysis
8.4 Categorization based on the Company’s Vision
8.5 Company Profiles
8.5.1 Medtronic
8.5.1.1 Company overview
8.5.1.2 Financial performance
8.5.1.3 Product benchmarking
8.5.1.4 Strategic initiatives
8.5.2 Boston Scientific
8.5.2.1 Company overview
8.5.2.2 Financial performance
8.5.2.3 Product benchmarking
8.5.2.4 Strategic initiatives
8.5.3 BD
8.5.3.1 Company overview
8.5.3.2 Financial performance
8.5.3.3 Product benchmarking
8.5.3.4 Strategic initiatives
8.5.4 EndoEvolution
8.5.4.1 Company overview
8.5.4.2 Financial performance
8.5.4.3 Product benchmarking
8.5.4.4 Strategic initiatives
8.5.5 LSI Solutions, Inc.
8.5.5.1 Company overview
8.5.5.2 Financial performance
8.5.5.3 Product benchmarking
8.5.5.4 Strategic initiatives
8.5.6 Smith & Nephew
8.5.6.1 Company overview
8.5.6.2 Financial performance
8.5.6.3 Product benchmarking
8.5.6.4 Strategic initiatives
8.5.7 Sutrue
8.5.7.1 Company overview
8.5.7.2 Financial performance
8.5.7.3 Product benchmarking
8.5.7.4 Strategic initiatives
8.5.8 Apollo Endosurgery
8.5.8.1 Company overview
8.5.8.2 Financial performance
8.5.8.3 Product benchmarking
8.5.8.4 Strategic initiativesList of Tables
Table 1 List of Abbreviation
Table 2 North America automated suturing devices market, by region, 2017 - 2028 (USD Million)
Table 3 North America automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 4 North America automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 5 North America automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 6 U.S. automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 7 U.S. automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 8 U.S. automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 9 Canada automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 10 Canada Automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 11 Canada Automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 12 Europe automated suturing devices market, by region, 2017 - 2028 (USD Million)
Table 13 Europe automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 14 Europe automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 15 Europe automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 16 Germany automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 17 Germany automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 18 Germany automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 19 U.K. automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 20 U.K. automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 21 U.K. automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 22 France automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 23 France automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 24 France automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 25 Italy automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 26 Italy automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 27 Italy automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 28 Spain automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 29 Spain automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 30 Spain automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 31 APAC automated suturing devices market, by region, 2017 - 2028 (USD Million)
Table 32 APAC automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 33 APAC automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 34 APAC automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 35 China automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 36 China automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 37 China automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 38 Japan automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 39 Japan automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 40 Japan automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 41 India automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 42 India automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 43 India automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 44 Australia automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 45 Australia automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 46 Australia automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 47 South Korea automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 48 South Korea automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 49 South Korea automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 50 Latin America automated suturing devices market, by region, 2017 - 2028 (USD Million)
Table 51 Latin America automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 52 Latin America automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 53 Latin America automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 54 Brazil automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 55 Brazil automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 56 Brazil automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 57 Mexico automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 58 Mexico automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 59 Mexico automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 60 Argentina automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 61 Argentina automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 62 Argentina automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 63 Colombia automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 64 Colombia automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 65 Colombia automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 66 Middle East and Africa automated suturing devices market, by region, 2017 - 2028 (USD Million)
Table 67 Middle East and Africa automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 68 Middle East and Africa automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 69 Middle East and Africa automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 70 South Africa automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 71 South Africa automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 72 South Africa automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 73 Saudi Arabia automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 74 Saudi Arabia automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 75 Saudi Arabia automated suturing devices market, by end use, 2017 - 2028 (USD Million)
Table 76 UAE Automated suturing devices market, by product, 2017 - 2028 (USD Million)
Table 77 UAE Automated suturing devices market, by application, 2017 - 2028 (USD Million)
Table 78 UAE Automated suturing devices market, by end use, 2017 - 2028 (USD Million)List of Figures
Figure. 1 Market research process
Figure. 2 Data triangulation techniques
Figure. 3 Primary research pattern
Figure. 4 Primary interviews in North America
Figure. 5 Primary interviews in Europe
Figure. 6 Primary interviews in APAC
Figure. 7 Primary interviews in Latin America
Figure. 8 Primary interviews in MEA
Figure. 9 Market research approaches
Figure. 10 Value-chain-based sizing & forecasting
Figure. 11 QFD modeling for market share assessment
Figure. 12 Market formulation & validation
Figure. 13 Automated suturing devices market: market outlook
Figure. 14 Automated suturing devices market competitive insights
Figure. 15 Parent market outlook
Figure. 16 Related/ancillary market outlook
Figure. 17 Penetration and growth prospect mapping
Figure. 18 Industry value chain analysis
Figure. 19 Automated suturing devices market driver impact
Figure. 20 Automated suturing devices market restraint impact
Figure. 21 Automated suturing devices market strategic initiatives analysis
Figure. 22 Automated suturing devices market: Product movement analysis
Figure. 23 Automated suturing devices market: Product outlook and key takeaways
Figure. 24 Disposable market estimates and forecast, 2017 - 2028
Figure. 25 Reusable market estimates and forecast, 2017 - 2028
Figure. 26 Automated suturing devices market: Application movement analysis
Figure. 27 Automated suturing devices market: Application outlook and key takeaways
Figure. 28 Cardiac market estimates and forecast, 2017 - 2028
Figure. 29 Orthopedic market estimates and forecast, 2017 - 2028
Figure. 30 Ophthalmic market estimates and forecast, 2017 - 2028
Figure. 31 Gastrointestinal market estimates and forecast, 2017 - 2028
Figure. 32 Dental market estimates and forecast, 2017 - 2028
Figure. 33 Gynecological market estimates and forecast, 2017 - 2028
Figure. 34 Other market estimates and forecast, 2017 - 2028
Figure. 35 Automated suturing devices market: end use movement analysis
Figure. 36 Automated suturing devices market: end use outlook and key takeaways
Figure. 37 Hospitals market estimates and forecast, 2017 - 2028
Figure. 38 Ambulatory surgical centers market estimates and forecast, 2017 - 2028
Figure. 39 Other surgical centers market estimates and forecast, 2017 - 2028
Figure. 40 Global automated suturing devices market: Regional movement analysis
Figure. 41 Global automated suturing devices market: Regional outlook and key takeaways
Figure. 42 Global market shares and leading players
Figure. 43 North America market share and leading players
Figure. 44 Europe market share and leading players
Figure. 45 Asia Pacific market share and leading players
Figure. 46 Latin America market share and leading players
Figure. 47 Middle East & Africa market share and leading players
Figure. 48 North America: SWOT
Figure. 49 Europe SWOT
Figure. 50 Asia Pacific SWOT
Figure. 51 Latin America SWOT
Figure. 52 MEA SWOT
Figure. 53 North America, by country
Figure. 54 North America
Figure. 55 North America market estimates and forecast, 2017 - 2028
Figure. 56 U.S.
Figure. 57 U.S. market estimates and forecast, 2017 - 2028
Figure. 58 Canada
Figure. 59 Canada market estimates and forecast, 2017 - 2028
Figure. 60 Europe
Figure. 61 Europe market estimates and forecast, 2017 - 2028
Figure. 62 U.K.
Figure. 63 U.K. market estimates and forecast, 2017 - 2028
Figure. 64 Germany
Figure. 65 Germany market estimates and forecast, 2017 - 2028
Figure. 66 France
Figure. 67 France market estimates and forecast, 2017 - 2028
Figure. 68 Italy
Figure. 69 Italy market estimates and forecast, 2017 - 2028
Figure. 70 Spain
Figure. 71 Spain market estimates and forecast, 2017 - 2028
Figure. 72 Asia Pacific
Figure. 73 Asia Pacific market estimates and forecast, 2017 - 2028
Figure. 74 China
Figure. 75 China market estimates and forecast, 2017 - 2028
Figure. 76 Japan
Figure. 77 Japan market estimates and forecast, 2017 - 2028
Figure. 78 India
Figure. 79 India market estimates and forecast, 2017 - 2028
Figure. 80 Australia
Figure. 81 Australia market estimates and forecast, 2017 - 2028
Figure. 82 South Korea
Figure. 83 South Korea market estimates and forecast, 2017 - 2028
Figure. 84 Latin America
Figure. 85 Latin America market estimates and forecast, 2017 - 2028
Figure. 86 Brazil
Figure. 87 Brazil market estimates and forecast, 2017 - 2028
Figure. 88 Mexico
Figure. 89 Mexico market estimates and forecast, 2017 - 2028
Figure. 90 Argentina
Figure. 91 Argentina market estimates and forecast, 2017 - 2028
Figure. 92 Colombia
Figure. 93 Colombia market estimates and forecast, 2017 - 2028
Figure. 94 Middle East and Africa
Figure. 95 Middle East and Africa. market estimates and forecast, 2017 - 2028
Figure. 96 Saudi Arabia
Figure. 97 Saudi Arabia market estimates and forecast, 2017 - 2028
Figure. 98 South Africa
Figure. 99 South Africa market estimates and forecast, 2017 - 2028
Figure. 100 UAE
Figure. 101 UAE market estimates and forecast, 2017 - 2028
Figure. 102 Participant categorization- Automated suturing devices market
Figure. 103 Market share of key market players- Automated suturing devices market
Companies Mentioned
- Medtronic
- Boston Scientific
- BD
- EndoEvolution
- LSI Solutions, Inc.
- Smith & Nephew
- Sutrue
- Apollo Endosurgery
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 190 |
| Published | November 2021 |
| Forecast Period | 2020 - 2028 |
| Estimated Market Value ( USD | $ 2.7 billion |
| Forecasted Market Value ( USD | $ 5.1 billion |
| Compound Annual Growth Rate | 8.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 8 |
