Global Endoscopic Closure Devices Market 2024-2028

The endoscopic closure devices market is forecasted to grow by USD 702.36 mn during 2023-2028, accelerating at a CAGR of 7.39% during the forecast period. The report on the endoscopic closure devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing incidence of gastrointestinal diseases, increasing volume of endoscopy procedures coupled with growing target population, and growing demand for MI procedures.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	6.91%
CAGR	7.39%
Incremental Value	$702.36mn

Technavio's endoscopic closure devices market is segmented as below:

By Product

Endoscopic closure systems
Endoscopic clips
Others

By End-user

Hospitals
Ambulatory surgery centers
Others

By Geographical Landscape

North America
Europe
Asia
Rest of World (ROW)

This study identifies the technological advances in endoscopic devices as one of the prime reasons driving the endoscopic closure devices market growth during the next few years. Also, paradigm shift toward adoption of robotics in endoscopic surgeries and rise in integration of imaging technologies in endoscopic closure devices will lead to sizable demand in the market.

The report on the endoscopic closure devices market covers the following areas:

Endoscopic closure devices market sizing
Endoscopic closure devices market forecast
Endoscopic closure devices market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading endoscopic closure devices market vendors that include Abbott Laboratories, Ackermann Instrumente GmbH, AHM Grup, Ambu AS, B.Braun SE, Boston Scientific Corp., Cardinal Health Inc., Carmonja GmbH, Changzhou Jiuhong Medical Instrument Co., Cook Group Inc., Endocor GmbH and Co. KG, Haemonetics Corp., Johnson and Johnson, Medtronic Plc, Micro Tech Nanjing Co. Ltd., Olympus Corp., Ovesco Endoscopy AG, STERIS plc, Teleflex Inc., The Cooper Companies Inc., and Era Endoscopy Srl. Also, the endoscopic closure devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR41161

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global endoscopic closure devices market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global endoscopic closure devices market 2018 - 2022 ($ million)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 End-user Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2023-2028 (%)
Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Endoscopic closure systems - Market size and forecast 2023-2028
Exhibit 34: Chart on Endoscopic closure systems - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Endoscopic closure systems - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Endoscopic closure systems - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Endoscopic closure systems - Year-over-year growth 2023-2028 (%)
6.4 Endoscopic clips - Market size and forecast 2023-2028
Exhibit 38: Chart on Endoscopic clips - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Endoscopic clips - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Endoscopic clips - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Endoscopic clips - Year-over-year growth 2023-2028 (%)
6.5 Others - Market size and forecast 2023-2028
Exhibit 42: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Product
Exhibit 46: Market opportunity by Product ($ million)
Exhibit 47: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 48: Chart on End-user - Market share 2023-2028 (%)
Exhibit 49: Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Exhibit 50: Chart on Comparison by End-user
Exhibit 51: Data Table on Comparison by End-user
7.3 Hospitals - Market size and forecast 2023-2028
Exhibit 52: Chart on Hospitals - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Hospitals - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Hospitals - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Hospitals - Year-over-year growth 2023-2028 (%)
7.4 Ambulatory surgery centers - Market size and forecast 2023-2028
Exhibit 56: Chart on Ambulatory surgery centers - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Ambulatory surgery centers - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Ambulatory surgery centers - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Ambulatory surgery centers - Year-over-year growth 2023-2028 (%)
7.5 Others - Market size and forecast 2023-2028
Exhibit 60: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by End-user
Exhibit 64: Market opportunity by End-user ($ million)
Exhibit 65: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 Asia - Market size and forecast 2023-2028
Exhibit 79: Chart on Asia - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Asia - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Asia - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Asia - Year-over-year growth 2023-2028 (%)
9.6 Rest of World (ROW) - Market size and forecast 2023-2028
Exhibit 83: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
9.7 US - Market size and forecast 2023-2028
Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 Germany - Market size and forecast 2023-2028
Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.10 UK - Market size and forecast 2023-2028
Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 Market opportunity By Geographical Landscape
Exhibit 107: Market opportunity By Geographical Landscape ($ million)
Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 109: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 111: Overview on factors of disruption
11.4 Industry risks
Exhibit 112: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 113: Vendors covered
12.2 Market positioning of vendors
Exhibit 114: Matrix on vendor position and classification
12.3 Abbott Laboratories
Exhibit 115: Abbott Laboratories - Overview
Exhibit 116: Abbott Laboratories - Business segments
Exhibit 117: Abbott Laboratories - Key news
Exhibit 118: Abbott Laboratories - Key offerings
Exhibit 119: Abbott Laboratories - Segment focus
12.4 Ackermann Instrumente GmbH
Exhibit 120: Ackermann Instrumente GmbH - Overview
Exhibit 121: Ackermann Instrumente GmbH - Product / Service
Exhibit 122: Ackermann Instrumente GmbH - Key offerings
12.5 B.Braun SE
Exhibit 123: B.Braun SE - Overview
Exhibit 124: B.Braun SE - Business segments
Exhibit 125: B.Braun SE - Key news
Exhibit 126: B.Braun SE - Key offerings
Exhibit 127: B.Braun SE - Segment focus
12.6 Boston Scientific Corp.
Exhibit 128: Boston Scientific Corp. - Overview
Exhibit 129: Boston Scientific Corp. - Business segments
Exhibit 130: Boston Scientific Corp. - Key news
Exhibit 131: Boston Scientific Corp. - Key offerings
Exhibit 132: Boston Scientific Corp. - Segment focus
12.7 Changzhou Jiuhong Medical Instrument Co.
Exhibit 133: Changzhou Jiuhong Medical Instrument Co. - Overview
Exhibit 134: Changzhou Jiuhong Medical Instrument Co. - Product / Service
Exhibit 135: Changzhou Jiuhong Medical Instrument Co. - Key offerings
12.8 Cook Group Inc.
Exhibit 136: Cook Group Inc. - Overview
Exhibit 137: Cook Group Inc. - Product / Service
Exhibit 138: Cook Group Inc. - Key offerings
12.9 Haemonetics Corp.
Exhibit 139: Haemonetics Corp. - Overview
Exhibit 140: Haemonetics Corp. - Business segments
Exhibit 141: Haemonetics Corp. - Key offerings
Exhibit 142: Haemonetics Corp. - Segment focus
12.10 Johnson and Johnson
Exhibit 143: Johnson and Johnson - Overview
Exhibit 144: Johnson and Johnson - Business segments
Exhibit 145: Johnson and Johnson - Key news
Exhibit 146: Johnson and Johnson - Key offerings
Exhibit 147: Johnson and Johnson - Segment focus
12.11 Medtronic Plc
Exhibit 148: Medtronic Plc - Overview
Exhibit 149: Medtronic Plc - Business segments
Exhibit 150: Medtronic Plc - Key news
Exhibit 151: Medtronic Plc - Key offerings
Exhibit 152: Medtronic Plc - Segment focus
12.12 Micro Tech Nanjing Co. Ltd.
Exhibit 153: Micro Tech Nanjing Co. Ltd. - Overview
Exhibit 154: Micro Tech Nanjing Co. Ltd. - Product / Service
Exhibit 155: Micro Tech Nanjing Co. Ltd. - Key offerings
12.13 Olympus Corp.
Exhibit 156: Olympus Corp. - Overview
Exhibit 157: Olympus Corp. - Business segments
Exhibit 158: Olympus Corp. - Key news
Exhibit 159: Olympus Corp. - Key offerings
Exhibit 160: Olympus Corp. - Segment focus
12.14 Ovesco Endoscopy AG
Exhibit 161: Ovesco Endoscopy AG - Overview
Exhibit 162: Ovesco Endoscopy AG - Product / Service
Exhibit 163: Ovesco Endoscopy AG - Key offerings
12.15 STERIS plc
Exhibit 164: STERIS plc - Overview
Exhibit 165: STERIS plc - Business segments
Exhibit 166: STERIS plc - Key news
Exhibit 167: STERIS plc - Key offerings
Exhibit 168: STERIS plc - Segment focus
12.16 Teleflex Inc.
Exhibit 169: Teleflex Inc. - Overview
Exhibit 170: Teleflex Inc. - Business segments
Exhibit 171: Teleflex Inc. - Key news
Exhibit 172: Teleflex Inc. - Key offerings
Exhibit 173: Teleflex Inc. - Segment focus
12.17 The Cooper Companies Inc.
Exhibit 174: The Cooper Companies Inc. - Overview
Exhibit 175: The Cooper Companies Inc. - Business segments
Exhibit 176: The Cooper Companies Inc. - Key offerings
Exhibit 177: The Cooper Companies Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 178: Inclusions checklist
Exhibit 179: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 180: Currency conversion rates for US$
13.4 Research methodology
Exhibit 181: Research methodology
Exhibit 182: Validation techniques employed for market sizing
Exhibit 183: Information sources
13.5 List of abbreviations
Exhibit 184: List of abbreviations