Ligation Devices Market Research Report - Global Forecast till 2024

Global Ligation Devices Market Report: By Product (Handheld Instruments, Accessories), Procedure (Minimally Invasive Surgery, Open Surgery), and Application (Gastrointestinal and Abdominal, Gynecological, Urological Applications)—Global Forecast till 2024

ID: MRFR/HC/6324-HCR | February 2021 | Region: Global | 90 pages

Market Scenario
The global ligation devices market is expected to register a CAGR of 6.7% during the forecast period of 2019 to 2024.
Ligation devices are used for closing incisions during surgeries or to join separated organs/tissue parts. From the past few years, the number of surgeries and laparoscopic procedures have increased, generating developmental backgrounds for the market. As per 2017, National Health Statistics Reports published by the Centers for Disease Control and Prevention, in 2010, ~48.3 million surgical/nonsurgical procedures were performed within the U.S. Additional it is noted that surgeries are often reimbursed, thus, encouraging a larger patient pool for producers. Therefore, favorable reimbursement policies along with rising healthcare expenditure, and rising research and development expenditures boost the market. According to the GI Endoscopy Coding and Reimbursement Guide published by Cook in 2017, procedures like Endoscopic retrograde cholangiopancreatography (ERCP) is covered under CPT code 43261 with average facility payment of about USD 1,134.02. However, factors such as high cost of surgery and related side effects are estimated to restraint the market growth.

Segmentation

The global ligation devices market is segmented based on product, procedure, application, end user, and region.

On the basis of product, the market is segmented into handheld instruments and accessories. Based on procedure, the market is segmented into minimally invasive surgery and open surgery. The application segment is segmented into gastrointestinal and abdominal applications, cardiovascular applications, gynecological applications, urological applications, and others. Based on the end user, the market is segmented into hospitals & clinics, ambulatory surgical center, and others.
Regional Market Summary
Global Ligation Devices Market Share (%), by Region, 2018

Sources:
The Americas dominated the global market of ligation devices owing to increasing healthcare expenditure, and the rising incidence of chronic diseases. According to the Centers for Disease Control and Prevention in 2018, Coronary heart disease (CHD) was estimated to be the most common type of heart disease within the U.S. and was projected to cause 370,000 per year.

In 2018, it was estimated that Europe stood second in the global healthcare litigation devices market. This can be attributed due to the increasing awareness, government support, development of technologically advanced medical products, and growing number of surgeries. However, strict regulation is the factors expected to hamper the growth of the global ligation devices market over the forecast period.

Asia-Pacific was the fastest growing region for the global ligation devices market in 2018. Asia-Pacific has a huge market potential for the ligation devices market. Factors such as increasing healthcare infrastructure, developing healthcare industries, increasing number of surgeries and rising medical tourism drives the market growth within the region. Monash University stated that bariatric surgery burden in Australia was burgeoning in 2015 and within the same year approximately 15,000 surgical procedures were performed in the region. Moreover, the presence of developing economies like India and China boosts the market.

On the other hand, the Middle East and Africa held the least share in the global ligation devices market. Factors such as the presence of poor economies and low per capita income, especially within the African region make the market to lag within the region. It is estimated that most of the regional market is held by the Middle East due to increasing government funding in the healthcare, and presence of developed economies such as the United Arab Emirates, Saudi Arabia, and others.

Key Players

Some of the key players in the global ligation devices market are Medtronic, Johnson & Johnson, The Cooper Companies, Inc., Conmed Corporation, B. Braun Melsungen AG, Teleflex Incorporated, Olympus Corporation, Applied Medical Resources Corporation, Grena Think Medical, Genicon, Inc., and others. 

Research Methodology

Market Research Future research is conducted by industry experts who offer insights into industry structure, market segmentation, assessment, Competitive Landscape (CL), penetration, as well as on emerging trends. Besides primary interviews (~ 80%) and secondary research (~ 20%), their analysis is based on their years of professional expertise in respective industries. Our analysts also predict where the market will be headed in the next five to ten years, by analyzing historical trends and current market positions. Furthermore, the varying trends of segments and categories geographically presented are studied and are estimated based on the primary and secondary research.

Primary Research

Extensive primary research was conducted to gain a deeper insight into the market and industry performance. In this particular report, we have conducted primary surveys (interviews) with key level executives (VPs, CEOs, Marketing Directors, Business Development Managers, and many more) of major players who are active in the market. In addition to analyzing the current and historical trends, our analysts predict where the market is headed, over the next five to ten years.

Secondary Research

Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and commercial study of the global ligation devices market. It was also used to obtain key information about major players, market classification, and segmentation according to industry trends, geographical markets, and developments related to the market and perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, SEC filings, journals, white papers, corporate presentations, company web sites, international organization of chemical manufacturers, some paid databases, and many others.

Intended Audience

Pharmaceutical companies
Government and private laboratories
Research and Development (R&D) companies
Market research and consulting service providers

Market Segmentation and Key Market Players
Global Ligation Devices Market, by Product

Handheld Instruments
Accessories

Global Ligation Devices Market, by Procedure

Minimally Invasive Surgery
Open Surgery

Global Ligation Devices Market, by Application

Gastrointestinal and Abdominal Applications
Cardiovascular Applications
Gynecological Applications
Urological Applications
Others

Global Ligation Devices Market, by End User

Hospitals & Clinics
Ambulatory Surgical Center
Others

Global Ligation Devices Market, by Key Players

Medtronic
Johnson & Johnson
The Cooper Companies, Inc.
Conmed Corporation
Braun Melsungen AG
Teleflex Incorporated
Olympus Corporation
Applied Medical Resources Corporation
Grena Think Medical
Genicon, Inc.
Others



Table of Contents:


Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

Chapter 6. Global Ligation Devices Market, by Product

6.1 Introduction

6.2 Handheld Instruments

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

6.3 Accessories

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

Chapter 7. Global Ligation Devices Market, by Procedure

7.1 Introduction

7.2 Minimally Invasive Surgery

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

7.3 Open Surgery

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

Chapter 8. Global Ligation Devices Market, by Application

8.1 Introduction

8.2 Gastrointestinal and Abdominal Applications

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

8.3 Cardiovascular Applications

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

8.4 Gynecological Applications

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

8.5 Urological Applications

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

8.6 Others

Chapter 9. Global Ligation Devices Market, by End User

9.1 Introduction

9.2 Hospitals & Clinics

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

9.3 Ambulatory Surgical Center

Market Estimates & Forecast, by Region, 2019–2024

Market Estimates & Forecast, by Country, 2019–2024

9.4 Others

Chapter 10. Global Ligation Devices Market, by Region

10.1 Introduction

10.2 Americas

10.2.1 North America

10.2.1.1 US

10.2.1.2 Canada

10.2.2 South America

10.3 Europe

10.3.1 Western Europe

10.3.1.1 Germany

10.3.1.2 France

10.3.1.3 Italy

10.3.1.4 Spain

10.3.1.5 UK

10.3.1.6 Rest of Western Europe

10.3.2 Eastern Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 China

10.4.3 India

10.4.4 Australia

10.4.5 South Korea

10.4.6 Rest of Asia-Pacific

10.5 Middle East & Africa

10.5.1 Middle East

10.5.2 Africa

Chapter 11. Company Landscape

11.1 Introduction

11.2 Market Share Analysis

11.3 Key Development & Strategies

Chapter 12. Company Profiles

12.1 Applied Medical Resources Corporation

12.1.1 Company Overview

12.1.2 Product Overview

12.1.3 Financials Overview

12.1.4 Key Developments

12.1.5 SWOT Analysis

12.2 B. Braun Melsungen AG

12.2.1 Company Overview

12.2.2 Product Overview

12.2.3 Financial Overview

12.2.4 Key Developments

12.2.5 SWOT Analysis

12.3 Conmed Corporation

12.3.1 Company Overview

12.3.2 Product Overview

12.3.3 Financial Overview

12.3.4 Key Development

12.3.5 SWOT Analysis

12.4 Genicon, Inc.

12.4.1 Company Overview

12.4.2 Technology/Business Segment Overview

12.4.3 Financial Overview

12.4.4 Key Development

12.4.5 SWOT Analysis

12.5 Grena Think Medical

12.5.1 Company Overview

12.5.2 Product Overview

12.5.3 Financial overview

12.5.4 Key Developments

12.5.5 SWOT Analysis

12.6 Johnson & Johnson

12.6.1 Company Overview

12.6.2 Product Overview

12.6.3 Financial Overview

12.6.4 Key Developments

12.6.5 SWOT Analysis

12.7 Medtronic

12.7.1 Overview

12.7.2 Product Overview

12.7.3 Financial Overview

12.7.4 Key Developments

12.7.5 SWOT Analysis

12.8 Olympus Corporation

12.8.1 Overview

12.8.2 Product/Technology Overview

12.8.3 Financials

12.8.4 Key Developments

12.8.5 SWOT Analysis

12.9 Teleflex Incorporated

12.9.1 Overview

12.9.2 Product Overview

12.9.3 Financials

12.9.4 Key Developments

12.9.5 SWOT Analysis

12.10 The Cooper Companies, Inc.

12.10.1 Overview

12.10.2 Product Overview

12.10.3 Financials

12.10.4 Key Developments

12.10.5 SWOT Analysis

12.11 Others

12.11.1 Overview

12.11.2 Product Overview

12.11.3 Financials

12.11.4 Key Developments

12.11.5 SWOT Analysis

Chapter 13 MRFR Conclusion

13.1 Key Findings

13.1.1 From CEO’s Viewpoint

13.1.2 Unmet Needs of the Market

13.2 Key Companies to Watch

13.3 Predictions for the Ligation Devices Market Industry

Chapter 14. Appendix

LIST OF TABLES

Table 1 Global Ligation Devices Market Synopsis, 2019–2024

Table 2 Global Ligation Devices Market Estimates and Forecast, 2019–2024 (USD Million)

Table 3 Global Ligation Devices Market, by Region, 2019–2024 (USD Million)

Table 4 Global Ligation Devices Market, by Product, 2019–2024 (USD Million)

Table 5 Global Ligation Devices Market, by Procedure, 2019–2024 (USD Million)

Table 6 Global Ligation Devices Market, by Application, 2019–2024 (USD Million)

Table 7 Global Ligation Devices Market, by End User, 2019–2024 (USD Million)

Table 8 North America: Ligation Devices Market, by Product, 2019–2024 (USD Million)

Table 9 North America: Ligation Devices Market, by Procedure, 2019–2024 (USD Million)

Table 10 North America: Ligation Devices Market, by Application, 2019–2024 (USD Million)

Table 11 North America: Ligation Devices Market, by End User, 2019–2024 (USD Million)

Table 12 US: Ligation Devices Market, by Product, 2019–2024 (USD Million)

Table 13 US: Ligation Devices Market, by Procedure, 2019–2024 (USD Million)

Table 14 US: Ligation Devices Market, by Application, 2019–2024 (USD Million)

Table 15 US: Ligation Devices Market, by End User, 2019–2024 (USD Million)

Table 16 Canada: Ligation Devices Market, by Product, 2019–2024 (USD Million)

Table 17 Canada: Ligation Devices Market, by Procedure, 2019–2024 (USD Million)

Table 18 Canada: Ligation Devices Market, by Application, 2019–2024 (USD Million)

Table 19 Canada: Ligation Devices Market, by End User, 2019–2024 (USD Million)

Table 20 South America: Ligation Devices Market, by Product, 2019–2024 (USD Million)

Table 21 South America: Ligation Devices Market, by Procedure, 2019–2024 (USD Million)

Table 22 South America: Ligation Devices Market, by Application, 2019–2024 (USD Million)

Table 23 South America: Ligation Devices Market, by End User, 2019–2024 (USD Million)

Table 24 Europe: Ligation Devices Market, by Product, 2019–2024 (USD Million)

Table 25 Europe: Ligation Devices Market, by Procedure, 2019–2024 (USD Million)

Table 26 Europe: Ligation Devices Market, by Application, 2019–2024 (USD Million)

Table 27 Europe: Ligation Devices Market, by End User, 2019–2024 (USD Million)

Table 28 Western Europe: Ligation Devices Market, by Product, 2019–2024 (USD Million)

Table 29 Western Europe: Ligation Devices Market, by Procedure, 2019–2024 (USD Million)

Table 30 Western Europe: Ligation Devices Market, by Application, 2019–2024 (USD Million)

Table 31 Western Europe: Ligation Devices Market, by End User, 2019–2024 (USD Million)

Table 32 Eastern Europe: Ligation Devices Market, by Product, 2019–2024 (USD Million)

Table 33 Eastern Europe: Ligation Devices Market, by Procedure, 2019–2024 (USD Million)

Table 34 Eastern Europe: Ligation Devices Market, by Application, 2019–2024 (USD Million)

Table 35 Eastern Europe: Ligation Devices Market, by End User, 2019–2024 (USD Million)

Table 36 Asia-Pacific: Ligation Devices Market, by Product, 2019–2024 (USD Million)

Table 37 Asia-Pacific: Ligation Devices Market, by Procedure, 2019–2024 (USD Million)

Table 38 Asia-Pacific: Ligation Devices Market, by Application, 2019–2024 (USD Million)

Table 39 Asia-Pacific: Ligation Devices Market, by End User, 2019–2024 (USD Million)

Table 40 Middle East & Africa: Ligation Devices Market, by Product, 2019–2024 (USD Million)

Table 41 Middle East & Africa: Ligation Devices Market, by Procedure, 2019–2024 (USD Million)

Table 42 Middle East & Africa: Ligation Devices Market, by Application, 2019–2024 (USD Million)

Table 43 Middle East & Africa: Ligation Devices Market, by End User, 2019–2024 (USD Million)

LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for Global Ligation Devices Market

Figure 3 Segmentation Market Dynamics for Global Ligation Devices Market

Figure 4 Global Ligation Devices Market Share, by Product, 2018

Figure 5 Global Ligation Devices Market Share, by Procedure, 2018

Figure 6 Global Ligation Devices Market Share, by Application, 2018

Figure 7 Global Ligation Devices Market Share, by End User, 2018

Figure 8 Global Ligation Devices Market Share, by Region, 2018

Figure 9 North America: Global Ligation Devices Market Share, by Country, 2018

Figure 10 Europe: Global Ligation Devices Market Share, by Country, 2018

Figure 11 Asia-Pacific: Global Ligation Devices Market Share, by Country, 2018

Figure 12 Middle East & Africa: Global Ligation Devices Market Share, by Region, 2018

Figure 13 Global Ligation Devices Market: Company Share Analysis, 2018 (%)

Figure 14 Applied Medical Resources Corporation: Key Financials

Figure 15 Applied Medical Resources Corporation: Segmental Revenue

Figure 16 Applied Medical Resources Corporation: Geographical Revenue

Figure 17 B. Braun Melsungen AG: Key Financials

Figure 18 B. Braun Melsungen AG: Segmental Revenue

Figure 19 B. Braun Melsungen AG: Geographical Revenue

Figure 20 Conmed Corporation: Key Financials

Figure 21 Conmed Corporation: Segmental Revenue

Figure 22 Conmed Corporation: Geographical Revenue

Figure 23 Genicon, Inc.: Key Financials

Figure 24 Genicon, Inc.: Segmental Revenue

Figure 25 Genicon, Inc.: Geographical Revenue

Figure 26 Grena Think Medical: Key Financials

Figure 27 Grena Think Medical: Segmental Revenue

Figure 28 Grena Think Medical: Geographical Revenue

Figure 29 Johnson & Johnson: Key Financials

Figure 30 Johnson & Johnson: Segmental Revenue

Figure 31 Johnson & Johnson: Geographical Revenue

Figure 32 Medtronic: Key Financials

Figure 33 Medtronic: Segmental Revenue

Figure 34 Medtronic: Geographical Revenue

Figure 35 Olympus Corporation: Key Financials

Figure 36 Olympus Corporation: Segmental Revenue

Figure 37 Olympus Corporation: Geographical Revenue

Figure 38 Teleflex Incorporated: Key Financials

Figure 39 Teleflex Incorporated: Segmental Revenue

Figure 40 Teleflex Incorporated: Geographical Revenue



This table of content is tentative and subject to change as the research progresses.

Please Note:  Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.