Ligation Devices Market Trends, Size and Growth Analysis By Product (Handheld Instruments, Accessories), Procedure (Minimally Invasive Surgery, Open Surgery), and Application (Gastrointestinal and Abdominal, Gynecological, Urological Applications)—Global Forecast till 2027
ID: MRFR/HC/6324-HCR | February 2021 | Region: Global | 90 Pages
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, 2020–2027
Market Estimates & Forecast, by Country, 2020–2027
6.3 Accessories
Market Estimates & Forecast, by Region, 2020–2027
Market Estimates & Forecast, by Country, 2020–2027
Chapter 7. Global Ligation Devices Market, by Procedure
7.1 Introduction
7.2 Minimally Invasive Surgery
Market Estimates & Forecast, by Region, 2020–2027
Market Estimates & Forecast, by Country, 2020–2027
7.3 Open Surgery
Market Estimates & Forecast, by Region, 2020–2027
Market Estimates & Forecast, by Country, 2020–2027
Chapter 8. Global Ligation Devices Market, by Application
8.1 Introduction
8.2 Gastrointestinal and Abdominal Applications
Market Estimates & Forecast, by Region, 2020–2027
Market Estimates & Forecast, by Country, 2020–2027
8.3 Cardiovascular Applications
Market Estimates & Forecast, by Region, 2020–2027
Market Estimates & Forecast, by Country, 2020–2027
8.4 Gynecological Applications
Market Estimates & Forecast, by Region, 2020–2027
Market Estimates & Forecast, by Country, 2020–2027
8.5 Urological Applications
Market Estimates & Forecast, by Region, 2020–2027
Market Estimates & Forecast, by Country, 2020–2027
8.6 Others
Chapter 9. Global Ligation Devices Market, by End User
9.1 Introduction
9.2 Hospitals & Clinics
Market Estimates & Forecast, by Region, 2020–2027
Market Estimates & Forecast, by Country, 2020–2027
9.3 Ambulatory Surgical Center
Market Estimates & Forecast, by Region, 2020–2027
Market Estimates & Forecast, by Country, 2020–2027
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, 2020–2027
Table 2 Global Ligation Devices Market Estimates and Forecast, 2020–2027 (USD Million)
Table 3 Global Ligation Devices Market, by Region, 2020–2027 (USD Million)
Table 4 Global Ligation Devices Market, by Product, 2020–2027 (USD Million)
Table 5 Global Ligation Devices Market, by Procedure, 2020–2027 (USD Million)
Table 6 Global Ligation Devices Market, by Application, 2020–2027 (USD Million)
Table 7 Global Ligation Devices Market, by End User, 2020–2027 (USD Million)
Table 8 North America: Ligation Devices Market, by Product, 2020–2027 (USD Million)
Table 9 North America: Ligation Devices Market, by Procedure, 2020–2027 (USD Million)
Table 10 North America: Ligation Devices Market, by Application, 2020–2027 (USD Million)
Table 11 North America: Ligation Devices Market, by End User, 2020–2027 (USD Million)
Table 12 US: Ligation Devices Market, by Product, 2020–2027 (USD Million)
Table 13 US: Ligation Devices Market, by Procedure, 2020–2027 (USD Million)
Table 14 US: Ligation Devices Market, by Application, 2020–2027 (USD Million)
Table 15 US: Ligation Devices Market, by End User, 2020–2027 (USD Million)
Table 16 Canada: Ligation Devices Market, by Product, 2020–2027 (USD Million)
Table 17 Canada: Ligation Devices Market, by Procedure, 2020–2027 (USD Million)
Table 18 Canada: Ligation Devices Market, by Application, 2020–2027 (USD Million)
Table 19 Canada: Ligation Devices Market, by End User, 2020–2027 (USD Million)
Table 20 South America: Ligation Devices Market, by Product, 2020–2027 (USD Million)
Table 21 South America: Ligation Devices Market, by Procedure, 2020–2027 (USD Million)
Table 22 South America: Ligation Devices Market, by Application, 2020–2027 (USD Million)
Table 23 South America: Ligation Devices Market, by End User, 2020–2027 (USD Million)
Table 24 Europe: Ligation Devices Market, by Product, 2020–2027 (USD Million)
Table 25 Europe: Ligation Devices Market, by Procedure, 2020–2027 (USD Million)
Table 26 Europe: Ligation Devices Market, by Application, 2020–2027 (USD Million)
Table 27 Europe: Ligation Devices Market, by End User, 2020–2027 (USD Million)
Table 28 Western Europe: Ligation Devices Market, by Product, 2020–2027 (USD Million)
Table 29 Western Europe: Ligation Devices Market, by Procedure, 2020–2027 (USD Million)
Table 30 Western Europe: Ligation Devices Market, by Application, 2020–2027 (USD Million)
Table 31 Western Europe: Ligation Devices Market, by End User, 2020–2027 (USD Million)
Table 32 Eastern Europe: Ligation Devices Market, by Product, 2020–2027 (USD Million)
Table 33 Eastern Europe: Ligation Devices Market, by Procedure, 2020–2027 (USD Million)
Table 34 Eastern Europe: Ligation Devices Market, by Application, 2020–2027 (USD Million)
Table 35 Eastern Europe: Ligation Devices Market, by End User, 2020–2027 (USD Million)
Table 36 Asia-Pacific: Ligation Devices Market, by Product, 2020–2027 (USD Million)
Table 37 Asia-Pacific: Ligation Devices Market, by Procedure, 2020–2027 (USD Million)
Table 38 Asia-Pacific: Ligation Devices Market, by Application, 2020–2027 (USD Million)
Table 39 Asia-Pacific: Ligation Devices Market, by End User, 2020–2027 (USD Million)
Table 40 Middle East & Africa: Ligation Devices Market, by Product, 2020–2027 (USD Million)
Table 41 Middle East & Africa: Ligation Devices Market, by Procedure, 2020–2027 (USD Million)
Table 42 Middle East & Africa: Ligation Devices Market, by Application, 2020–2027 (USD Million)
Table 43 Middle East & Africa: Ligation Devices Market, by End User, 2020–2027 (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, 2020
Figure 5 Global Ligation Devices Market Share, by Procedure, 2020
Figure 6 Global Ligation Devices Market Share, by Application, 2020
Figure 7 Global Ligation Devices Market Share, by End User, 2020
Figure 8 Global Ligation Devices Market Share, by Region, 2020
Figure 9 North America: Global Ligation Devices Market Share, by Country, 2020
Figure 10 Europe: Global Ligation Devices Market Share, by Country, 2020
Figure 11 Asia-Pacific: Global Ligation Devices Market Share, by Country, 2020
Figure 12 Middle East & Africa: Global Ligation Devices Market Share, by Region, 2020
Figure 13 Global Ligation Devices Market: Company Share Analysis, 2020 (%)
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
Ligation Devices Market
Ligation Devices Market is expected to reach USD 1,780.5 Million by 2030, registering a CAGR of 6.3% during the forecast period.
$1,780.5 Million
Market Size
6.3%
CAGR
North America
Dominating Region
2022-2030
Forecast Period
Segmentation
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.
Drivers
- Rising healthcare and rising research and development expenditures
Ligation Devices Market Scenario
The 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.
Ligation Devices Market 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
Segmental Overview
Ligation Devices Market, by Product
- Handheld Instruments
- Accessories
Ligation Devices Market, by Procedure
- Minimally Invasive Surgery
- Open Surgery
Ligation Devices Market, by Application
- Gastrointestinal and Abdominal Applications
- Cardiovascular Applications
- Gynecological Applications
- Urological Applications
- Others
Ligation Devices Market, by End User
- Hospitals & Clinics
- Ambulatory Surgical Center
- Others
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
