Ligation Devices Market - By Product (Instruments, Accessories), By Procedure Type (MIS, Open Surgery), By Application (Gastrointestinal & Abdominal Surgery), By End-use & Forecast, 2023

Description

List of Tables

Global Ligation Devices Market size will expand exponentially through 2032. Increasing investments by the government in healthcare infrastructure is a major driver behind the market growth. In October 2022, the U.S. government announced an investment of around USD 110 million to improve healthcare for the rural population. Moreover, industry players in this space are focusing on mergers and acquisition strategies to reinforce their position. Citing an instance, in August 2022, CONMED Corporation, a leading medical technology manufacturer, acquired Biorez, Inc., a medical device start-up.

The overall ligation devices market is segmented based on product, procedure, application, end-use, and region.

The ligation instruments market share will grow at a lucrative CAGR from 2023 to 2032. Surging cases of cardiovascular disorders have increased the number of surgeries, propelling the need for ligation instruments. According to CDC, around 60 million women are diagnosed with some form of heart disease in the U.S. alone. Moreover, surging efforts by industry players toward launching ligation instruments with advanced capabilities will further contribute to segment growth.

Regarding application, ligation devices market value from the urological surgery segment will amass significant gains through 2032. Rising prevalence of urological conditions such as bladder cancer, prostate cancer, and others has increased the need for urological surgeries, elevating the demand for ligation devices. To illustrate, as per the American Cancer Society, in 2023, around 82,290 new cases of bladder cancer are estimated to be diagnosed in the U.S. alone.

With respect to end-use, the ligation devices market size from the ambulatory surgical centers segment will expand notably through 2032. The availability of advanced ligation equipment in these facilities has increased patient preference. Moreover, the surging demand for outpatient surgeries has further increased the demand for ambulatory surgical centers (ASCs). The increasing number of ASCs worldwide has led to a surge in the demand for ligation devices, resulting in market expansion.

From the regional standpoint, Europe ligation devices market share will grow at a notable CAGR from 2023 to 2032. Increasing demand for minimally invasive procedures coupled with the rising prevalence of chronic diseases such as cancer, heart disease, and others have increased the demand for ligation devices in the region. Moreover, the flourishing healthcare sector will further pave the way for regional growth. Significant investments by regional players in product innovations will also positively affect the industry landscape.

Product Code: 3536

Chapter 1 Methodology & Scope

1.1 Industry coverage
1.2 Market scope & definition
1.3 Base estimates & calculations
- 1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact analysis at global level
1.6 Data validation
1.7 Data Sources
- 1.7.1 Primary
- 1.7.2 Secondary
  - 1.7.2.1 Paid sources
  - 1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Ligation devices industry 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Regional trends
2.4 Product trends
2.5 Procedure type trends
2.6 Application trends
2.7 End-use trends

Chapter 3 Ligation Devices Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Increasing preference for minimally invasive procedures
  - 3.2.1.2 Technological advancements
  - 3.2.1.3 Increasing number of gastrointestinal, gynecological, urological, and cardiac surgery procedures
  - 3.2.1.4 Rise in demand for endoscopic procedures
- 3.2.2 Industry pitfalls & challenges
  - 3.2.2.1 High cost of the ligation instruments and the accessories
  - 3.2.2.2 Complications associated with the use of ligation devices
3.3 Growth potential analysis
- 3.3.1 By product
- 3.3.2 By procedure type
- 3.3.3 By application
- 3.3.4 By end-use
3.4 COVID- 19 impact analysis
3.5 Pricing analysis, by country, 2022
3.6 Regulatory landscape
- 3.6.1 U.S.
- 3.6.2 Europe
3.7 Reimbursement scenario
3.8 Key market trends
3.9 Technological advancements
3.10 Application potential
3.11 Gap analysis
3.12 Porter's analysis
3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company matrix analysis, 2022
4.3 Global company market share analysis, 2022
4.4 Vendor matrix anaylsis, 2022
4.5 Competitive positioning matrix
4.6 Strategy dashboard, 2022

Chapter 5 Ligation Devices Market Size and Forecast, By Product (USD Million & Units)

5.1 Key trends, by product
5.2 Instruments
5.3 Accessories

Chapter 6 Ligation Devices Market Size and Forecast, By Procedure Type (USD Million)

6.1 Key trends, by procedure type
6.2 Minimally Invasive Surgeries
6.3 Open Surgery

Chapter 7 Ligation Devices Market Size and Forecast, By Application (USD Million)

7.1 Key trends, by application
7.2 Gastrointestinal and Abdominal Surgery
7.3 Gynecological Surgery
7.4 Cardiothoracic Surgery
7.5 Urological Surgery
7.6 Others

Chapter 8 Ligation Devices Market Size and Forecast, By End-use (USD Million)

8.1 Key trends, by end-use
8.2 Hospitals
8.3 Ambulatory Surgical Centers
8.4 Others

Chapter 9 Ligation Devices Market Size and Forecast, By Region (USD Million & Units)

9.1 Key trends, by region
9.2 North America
- 9.2.1 U.S.
- 9.2.2 Canada
9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 France
- 9.3.4 Spain
- 9.3.5 Italy
- 9.3.6 Poland
- 9.3.7 Switzerland
- 9.3.8 The Netherlands
9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 Japan
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 South Korea
- 9.4.6 Indonesia
- 9.4.7 Philippines
- 9.4.8 Vietnam
9.5 Latin America
- 9.5.1 Brazil
- 9.5.2 Mexico
- 9.5.3 Argentina
- 9.5.4 Colombia
- 9.5.5 Chile
- 9.5.6 Peru
9.6 MEA
- 9.6.1 South Africa
- 9.6.2 Saudi Arabia
- 9.6.3 UAE
- 9.6.4 Israel
- 9.6.5 Egypt
- 9.6.6 Turkey

Chapter 10 Company Profiles

10.1 Medtronic Plc
10.2 Johnson and Johnson (Ethicon)
10.3 Cooper Surgical (the Cooper Companies, Inc.)
10.4 CONMED Corporation
10.5 B Braun Melsungen AG
10.6 Teleflex Incorporated
10.7 Olympus Corporation
10.8 Genicom
10.9 Grena Think Medical
10.10 Boston Scientific Corporation
10.11 Applied Medical Resources
10.12 Stryker Corporation