Ligation Devices Market 2019 - Global Forecast to 2024

2/18, 5:25 PM (Source: GlobeNewswire)

Dublin, Feb. 18, 2019 (GLOBE NEWSWIRE) -- The "Ligation Devices Market by Product (Hand-held Instruments, Accessories), Procedure (Minimally Invasive & Open Surgery), Application (Gynaecology, GIT, Cardiothoracic, Urology), End User (Hospital, Nursing Homes) - Global Forecast to 2024" report has been added to's offering.

The ligation devices market is projected to reach USD 1,189.3 million by 2024 from USD 876.3 million in 2019, at a CAGR of 6.3%.

Growth in this market is mainly driven by the increasing prevalence of diseases requiring surgical treatment, especially minimally invasive surgery (MIS). Emerging economies with growing healthcare expenditures are also expected to provide opportunities for the growth of the market.

Ligation devices are used for vessel sealing to achieve hemostasis during surgical procedures. They are also used to seal different ducts and tubes. These devices are mostly used in minimally invasive surgical procedures.

Growth in this market is mainly driven by the increasing prevalence of diseases requiring surgical treatment, especially minimally invasive surgery (MIS). However, the high cost of ligation devices is a major restraint for this market, particularly in emerging countries. In this report, the ligation devices market is further segmented into products, procedures, applications, end users, and regions.

The major players operating in this market are Ethicon (Johnson and Johnson) (US), Teleflex Incorporated (US), Olympus (Japan), Applied Medical (US), ConMed (US), Cooper Surgical (US), Genicon (US), Grena Think Medical (UK), B.Braun (Germany), and Medtronic (Ireland).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Ligation Devices: Market Overview
4.2 North America: Ligation Devices Market, By Product (2018)
4.3 Geographical Snapshot of Ligation Devices Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Growing Demand for Minimally Invasive Surgery
5.2.2 Market Restraints High Price of Ligation Devices
5.2.3 Market Opportunities Growth Potential in Emerging Economies

6 Ligation Devices Market, By Product
6.1 Introduction
6.2 Handheld Instruments
6.2.1 Rising Prevalence of Cancer and Hernia to Support the Demand for Handheld Ligation Devices Worldwide
6.3 Accessories
6.3.1 Increasing Volume of Surgical Procedures Resulting in High Demand for AccessoriesA Key Growth Driver for This Segment

7 Ligation Devices Market, By Procedure
7.1 Introduction
7.2 Minimally Invasive Surgery
7.2.1 Increasing Number of Mis Procedures to Result in an Increase in the Demand for Ligation Devices
7.3 Open Surgery
7.3.1 Increasing Incidence of Cvd and the Need for Surgical Intervention as A Treatment Option is Driving the Open Surgery Market

8 Ligation Devices Market, By Application
8.1 Introduction
8.2 Gastrointestinal and Abdominal Applications
8.2.1 Gastrointestinal and Abdominal Surgeries is the Largest Application Segment of the Ligation Devices Market
8.3 Cardiovascular Applications
8.3.1 Cardiovascular Application Segment to Register the Highest Growth in the Ligation Devices Market During the Study Period
8.4 Gynecological Applications
8.4.1 Increasing Prevalence of Ovarian & Cervical Cancers to Drive Market Growth
8.5 Urological Applications
8.5.1 Increasing Incidence of Urological Diseases has Driven the Adoption of Ligation Devices
8.6 Other Applications

9 Ligation Devices Market, By End User
9.1 Introduction
9.2 Hospitals
9.2.1 Hospitals are the Largest End Users of Ligation Devices
9.3 Other End Users

10 Ligation Devices Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US US Dominates the North American Market for Ligation Devices
10.2.2 Canada Increase in Surgical Volumes in Canada Will Drive the Market for Ligation Devices
10.3 Europe
10.3.1 Germany Germany Holds the Largest Share of the Ligation Devices Market in Europe
10.3.2 UK Over A Fourth of UK Adults Were Obese in 2016
10.3.3 France Steady Rise in Surgical Volumes Indicates Potential Growth in Demand for Ligation Devices
10.3.4 Rest of Europe
10.4 Asia Pacific
10.4.1 China Rising Disease Prevalence Can Be Attributed to Changing Lifestyles in China
10.4.2 India Rising Obesity Levels in India Will Contribute to Market Growth
10.4.3 Japan Japan has the World's Fastest-Growing Geriatric Population
10.4.4 Rest of Asia Pacific
10.5 Rest of the World

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking Analysis, 2017
11.3 Key Strategies
11.3.1 Acquisition, 2015-2018
11.3.2 Expansions, 2015-2018
11.3.3 Agreements & Collaborations, 2015-2018
11.4 Competitive Leadership Mapping (2017)
11.4.1 Visionary Leaders
11.4.2 Innovators
11.4.3 Dynamic Differentiators
11.4.4 Emerging Companies

12 Company Profiles
12.1 Medtronic
12.2 Johnson & Johnson
12.3 The Cooper Companies, Inc.
12.4 Conmed Corporation
12.5 B. Braun Melsungen AG
12.6 Teleflex Incorporated
12.7 Olympus Corporation
12.8 Applied Medical Resources Corporation
12.9 Grena Think Medical
12.10 Genicon, Inc.

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Related Topics: Surgical Devices 


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