Ligation Devices Market: by Product (Handheld Instruments, and Accessories [Clips, and Clip Remover]), by Type (Minimally Invasive Surgeries, and Open Surgeries), by Application (Gastrointestinal & Abdominal Surgeries, Gynecological Surgeries, Cardiothoracic Surgeries, Urological Surgeries, and Others), and by End User (Hospitals, Ambulatory Surgical Centers, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 - 2025

Global demand for ligation devices market was valued at approximately USD 832.9 million in 2018, and is expected to generate revenue of USD 1,285.9 million by end of 2025, growing at a CAGR of 6.4% between 2019 and 2025.

09-Dec-2019 | Number of pages: 130 | Report Code: ZMR-5150 | Report Format : | Status : Published

Abstract

According to the report, global demand for ligation devices market was valued at USD 832.9 million in 2018, and is expected to generate revenue of USD 1,285.9 million by end of 2025, growing at a CAGR of 6.4% between 2019 and 2025

The report covers forecast and analysis for the global ligation devices market. The study provides historic data from 2016 to 2018 along with forecast from 2019 to 2025 based on revenue (USD Million). In-depth secondary research is used to ascertain overall market size, top industry players, top product, industry associations, etc. Macro-economic indicators such as healthcare industry outlook, healthcare spending, research funding, GDP along with company websites, company annual reports, white papers, financial reports and other saws have also been considered to arrive at the indicated market numbers.     

Ligation Devices Market 

Ligation devices are used to close an incision during a surgery or to join separated tissue or organ parts. These devices are used in open and minimally invasive surgical procedures as well as laparoscopic procedures. Endoscopic ligation is an effective method for the treatment of protuberant lesions and is most widely used for the management of bleeding in the gastric varices, angiodysplasia and esophagus. Ligation is a most feasible method to remove upper gastrointestinal lesion. It also helps in reducing the risk of related complications like perforation and hemorrhage.

The study provides a decisive view on the ligation devices market by segmenting the market based on product, type, application, end user, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The market for ligation devices is segmented on the basis of product into handheld instruments, and accessories. The accessories market is further segmented into clips, and clip remover. The accessories segment held major share of the market in 2018 due to the availability of these accessories like clips in various sizes and its multiple use in single procedures has boosted the market growth for this segment globally. Based on type the market is segmented into minimally invasive surgeries, and open surgeries. Minimally invasive surgeries (MIS) held major share of the market in 2018 since these offer benefits like reduced post-operative cost and quick recovery time. Besides, these procedures are associated with lower chances of readmission, shorter hospital stays and low surgical site pain, infection, and mortality.

Based on application the market is bifurcated into cardiothoracic surgeries, urological surgeries, gynecological surgeries, gastrointestinal & abdominal surgeries, and others. Gastrointestinal & abdominal surgeries held major share of the market in 2018 mainly due to growing prevalence of age-related diseases along with the rising demand for these devices in diagnostic and therapeutic gastrointestinal procedures. Based on end user the market is bifurcated into ambulatory surgical centers, hospitals, and others. Hospitals held major share of the market in 2018 since number of surgical procedures are carried out in hospitals and growing number of hospitals worldwide. As per the stats provided by American Hospital Association (AHA), there were more than 6,000 active hospitals in the U.S in 2017 from 5,500 hospitals in 2016. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries. North America held major share of the market in 2018 due to the high cost of treatment and the rising number of procedures. Besides, government spending and presence of key players as further boosted market growth in this region.

The study also includes drivers and restraints for the ligation devices along with the impact they have on the demand over the forecast period. Besides, the report includes the study of opportunities and trends available in the ligation devices market on global level. Growing minimally invasive surgical procedures is likely to drive the market growth for ligation devices. Besides, rising number of gynecological, gastrointestinal, urological, and cardiac surgery procedures which require ligation devices for treatment is further propelling market growth. Besides, growth in the prevalence of age related diseases and demand for endoscopic procedures which require ligation devices are also propelling the devices market. Elderly population is also considered to be prone to chronic conditions and digestive disorders. In addition, the high adoption rate of minimally invasive surgeries, especially among the geriatric population base has also boosted market growth.

The report also provides company market share analysis in order to give a broader view of the key players in the market. Industry insights and information is delivered in the required information. ZMR develops a list of industry players (manufacturers), distributors, retailers and industry experts. Some of the players in the market for ligation devices include B. Braun Melsungen AG, Grena Think Medical, Medtronic, The Cooper Companies, Inc., Genicon, Inc., Applied Medical Resources Corporation, Teleflex Incorporated, Olympus Corporation, Conmed Corporation, and Johnson & Johnson.

This report segments the global ligation devices market as follows:

Global Ligation Devices Market: Product Segment Analysis

  • Handheld Instruments
  • Accessories
    • Clips
    • Clip Removers

Global Ligation Devices Market: Type Segment Analysis

  • Minimally Invasive Surgeries
  • Open Surgeries

Global Ligation Devices Market: Application Segment Analysis

  • Gastrointestinal & Abdominal Surgeries
  • Gynecological Surgeries
  • Cardiothoracic Surgeries
  • Urological Surgeries
  • Others

Global Ligation Devices Market: End User Segment Analysis

  • Hospitals
  • Ambulatory Surgical Centers
  • Others

Global Ligation Devices Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Related Reports

Medical Equipment Financing Market – By Type (Refurbished Equipment, New Medical Equipment, and Rental Equipment), By Equipment (Patient Monitoring Equipment, Diagnostic Equipment, Laboratory Equipment, Therapeutic Equipment, and Medical Furniture), By End-Use [Hospitals, Laboratories & Diagnostic Centers, Clinics, Ambulatory Surgical Centers (ASCs), and Others], and By Region: Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2025

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5285 | Report Format:

This report analyzes and estimates the medical equipment financing market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with the forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the medical...Read More

Endoscopy Fluid Management Market by Product (Hysteroscopy Pumps, Hysteroscopy Fluid Management Systems, Laparoscopy Suction Irrigation Pumps and Laparoscopy Fluid Management Systems); by Modality (Benchtop and Floor Standing); by End User (Specialty Clinics, Diagnostic Centers, Hospitals and Ambulatory Surgical Centers): Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 - 2025

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5252 | Report Format:

The report covers forecast and analysis for the endoscopy fluid management market on a global and regional level. The study provides historic data from 2016 along with forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints for the endoscopy fluid manag...Read More

Electrosurgical Generators Market: By Type (Bipolar and Monopolar), By Application (Optical, Maxillofacial, Dermatology, ENT, Gynecology, Cardiac, Dental, Orthopedic, Neurology, Urology, and Others), and By End-Use (Hospitals, Ambulatory Surgical Centers, Clinics, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2026

Jan-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5202 | Report Format:

The report includes revenue forecast analysis of the electrosurgical generators market on a global as well as regional level. It also offers historical data from 2016 to 2019 and provides an assessment of the industry progression over 2020-2026 in terms of USD Billion. Our study comprises of comp...Read More

Ultra-Low Temperature Freezers Market: by Type (Upright Ultra-Low Temperature Freezers, and Chest Ultra-Low Temperature Freezers), by Technology (Semi-Automated Freezers, and Automated Freezers), and by Application (Blood & Blood Products, Organs, Pharmaceuticals, Forensic & Genomic Research, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 - 2025

Jan-2020 | Price : $ 4199.00 | Pages: 130 | Report Code: ZMR-5196 | Report Format:

According to the report, global demand for ultra-low temperature freezers market was valued at USD 603.0 million in 2018, and is expected to generate revenue of USD 798.9 million by end of 2025, growing at a CAGR of 3.6% between 2019 and 2025 The report covers forecast and analysis for the globa...Read More

Request Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.