Growing Demand for Ligation Devices to Propel Market Growth | CAGR 6.1%
Ligation Devices Market– Global Outlook and Forecast 2023-2030 is latest research study released by Allied Market Research evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support (2023-2030). The market Study is segmented by key a region that is accelerating the marketization. The report provides information on market research and development, growth drivers, and the changing investment structure of the Global Ligation Devices Market. Some of the key players profiled in the study are Ethicon (Johnson and Johnson), Teleflex Incorporated, Olympus Corporation, Applied Medical, ConMed Corporation, Cooper Surgical, Genicon, Inc., Grena Think Medical, B.Braun Melsungen AG, and Medtronic PLC. The global Ligation Devices market is projected to reach $1,680.5 million by 2030, registering a CAGR of 6.1% from 2021 to 2030.
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Ligation Devices Market Outlook 2020-2030
The handheld instruments segment is expected to generate the highest revenue during the forecast period based on the product, due to the increasing number of surgical procedures that require ligation handheld instruments in both developed and developing countries. The segment is also expected to benefit from the growing awareness of early therapeutics for cancer and the need to control pregnancy rates using ligation accessories.
The cardiovascular surgeries segment is expected to experience the fastest CAGR during the forecast period based on the application, due to the rising incidence of cardiovascular diseases and sedentary lifestyles leading to increased risk of heart-related conditions. The advancement in cardiovascular robotic surgery is also expected to drive demand for ligation devices and contribute to the growth of the segment.
Based on the end user, the hospitals segment is expected to generate the highest revenue during the forecast period due to the increasing number of outpatients and inpatients preferring hospitals and higher investment of hospitals in improved accessories for ligation and related surgical procedures. The growth in the number of surgical procedures performed in hospitals is also expected to increase the revenue share of the segment in the coming years.
Marketing Communication and Sales Channel
Understanding “marketing effectiveness” on a continual basis, help determine the potential of advertising and marketing communications and allow to use of best practices to utilize untapped audience. In order to make marketers make effective strategies and identify why the target market is not giving attention, we ensure the Study is Segmented with appropriate marketing & sales channels to identify potential market size by value & Volume* (if Applicable).
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The segments and sub-section of Ligation Devices market is shown below:
By Product: Handheld Instruments and Accessories
By Application: Gastrointestinal & Abdominal Surgeries, Gynecological Surgeries, Cardiovascular Surgeries, Urological Surgeries, and Others
By End User: Hospitals and Others
Some of the key players involved in the Market are: Ethicon (Johnson and Johnson), Teleflex Incorporated, Olympus Corporation, Applied Medical, ConMed Corporation, Cooper Surgical, Genicon, Inc., Grena Think Medical, B.Braun Melsungen AG, and Medtronic PLC.
Important years considered in the Ligation Devices study:
Historical year – 2017-2021; Base year – 2021; Forecast period** – 2022 to 2030 [** unless otherwise stated]
If opting for the Global version of Ligation Devices Market; then below country analysis would be included:
– North America (USA, Canada and Mexico)
– Europe (Germany, France, the United Kingdom, Netherlands, Italy, Nordic Nations, Spain, Switzerland and Rest of Europe)
– Asia-Pacific (China, Japan, Australia, New Zealand, South Korea, India, Southeast Asia and Rest of APAC)
– South America (Brazil, Argentina, Chile, Colombia, Rest of countries etc.)
– Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
Key Findings Of The Study
- The largest market share in the global ligation devices market in 2020 was held by the handheld instruments segment, based on product.
- The cardiovascular surgeries segment had the highest CAGR in 2020 on the basis of application, and is expected to maintain its dominance during the forecast period.
- The hospitals segment dominated the market in 2020 by end user and is expected to gain more traction in the upcoming years.
- During the forecast period, Asia-Pacific region is expected to register a CAGR of 6.8%.
Introduction about Ligation Devices Market
Ligation Devices Market Size (Sales) Market Share by Type (Product Category)
Ligation Devices Market by Application/End Users
Ligation Devices Sales (Volume) and Market Share Comparison by Applications
Global Ligation Devices Sales and Growth Rate (2020-2030)
Ligation Devices Competition by Players/Suppliers, Region, Type, and Application
Ligation Devices (Volume, Value, and Sales Price) table defined for each geographic region defined.
Ligation Devices Players/Suppliers Profiles and Sales Data
Key Raw Materials Analysis & Price Trends
Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
……..and view more in complete table of Contents
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