The global endoluminal suturing devices market size was valued at USD 41.9 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 12% from 2021 to 2027.
The growing propensity to minimally invasive surgery has accelerated the market growth of medical devices supporting these surgeries. Advances in suture technology and significant performance in surgery have led to the increased adoption of highly sophisticated equipment. Devices such as endoscopic sutures have recorded significant demand in the market and are expected to grow significantly over the forecast period. For advanced endoscopic surgery, doctors place full-thickness sutures through a flexible endoscope using an endoscopic suture device. This tissue endoscope enables stable market growth. A small, flexible, and special endoscopic suture device is used to perform sutures through an endoscope. The endoscopic suture device promotes rapid recovery by supporting minimally invasive surgery leading to an early recovery of the patient and shortens the average length of stay in the clinical setting.
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Market Segmentation
Endoluminal Suturing Devices By Application
- Bariatric surgery
- Gastrointestinal surgery
- Gastroesophageal reflux disease surgery
- Others
Endoluminal Suturing Devices By End-User
- Hospitals
- Ambulatory surgical centers
- Others
Key Players
The major players operating in the endoluminal suturing devices market report are Apollo Endosurgery Inc, Johnson & Johnson Services Inc, and Medtronic among others.
Scope of the Report
The research study analyzes the global Endoluminal Suturing Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Endoluminal Suturing Devices Market Report
1. What was the Endoluminal Suturing Devices Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Endoluminal Suturing Devices Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Endoluminal Suturing Devices Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Endoluminal Suturing Devices market.
- The market share of the global Endoluminal Suturing Devices market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Endoluminal Suturing Devices market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Endoluminal Suturing Devices market.
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