Endoluminal Suturing Device Trends and Forecast
The future of the global endoluminal suturing device market looks promising with opportunities in the hospital, clinic, and ambulatory surgical center markets. The global endoluminal suturing device market is expected to reach an estimated $0.16 billion by 2030 with a CAGR of 11.5% from 2024 to 2030. The major drivers for this market are growing number of gastrointestinal cancers, increasing preference for minimally invasive weight loss surgeries, and rising incidence of obesity.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Endoluminal Suturing Device by Segment
The study includes a forecast for the global endoluminal suturing device by application, end use industry, and region.
Endoluminal Suturing Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Bariatric Surgery
• Gastrointestinal Surgery
• Gastroesophageal Reflux Disease Surgery
• Others
Endoluminal Suturing Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Others
Endoluminal Suturing Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Endoluminal Suturing Device Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies endoluminal suturing device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the endoluminal suturing device companies profiled in this report include-
• Apollo Endosurgery
• Johnson & Johnson
• Medtronic
• Cook
• USGI Medical
• Ovesco Endoscopy
• Endo Tools Therapeutics
• Ergosuture
• Sutrue
Endoluminal Suturing Device Market Insights
Lucintel forecasts that gastrointestinal surgery will remain the largest segment due to its growing usage in the treatment of gastrointestinal cancers and gastrointestinal disorders.
Hospital will remain the largest segment due to rising demand for endoluminal suturing devices in this setting by skilled healthcare professionals for the treatment of patients undergoing bariatric procedures or chronic diseases.
North America will remain the largest region due to existenc of well-established healthcare system, growing volume of surgical operations, and presence of key players in the region.
Features of the Global Endoluminal Suturing Device Market
Market Size Estimates: Endoluminal suturing device market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Endoluminal suturing device market size by application, end use, and region in terms of value ($B).
Regional Analysis: Endoluminal suturing device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different applications, end uses, and regions for the endoluminal suturing device market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the endoluminal suturing device market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the endoluminal suturing device market size?
Answer: The global endoluminal suturing device market is expected to reach an estimated $0.16 billion by 2030.
Q.2 What is the growth forecast for endoluminal suturing device market?
Answer: The global endoluminal suturing device market is expected to grow with a CAGR of 11.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the endoluminal suturing device market?
Answer: The major drivers for this market are growing number of gastrointestinal cancers, increasing preference for minimally invasive weight loss surgeries, and rising incidence of obesity.
Q4. What are the major segments for endoluminal suturing device market?
Answer: The future of the endoluminal suturing device market looks promising with opportunities in the hospital, clinic, and ambulatory surgical center markets.
Q5. Who are the key endoluminal suturing device market companies?
Answer: Some of the key endoluminal suturing device companies are as follows:
• Apollo Endosurgery
• Johnson & Johnson
• Medtronic
• Cook
• USGI Medical
• Ovesco Endoscopy
• Endo Tools Therapeutics
• ErgoSuture
• Sutrue
Q6. Which endoluminal suturing device market segment will be the largest in future?
Answer: Lucintel forecasts that gastrointestinal surgery will remain the largest segment due to its growing usage in the treatment of gastrointestinal cancers and gastrointestinal disorders.
Q7. In endoluminal suturing device market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to existenc of well-established healthcare system, growing volume of surgical operations, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the endoluminal suturing device market by application (bariatric surgery, gastrointestinal surgery, gastroesophageal reflux disease surgery, and others), end use (hospitals, clinics, ambulatory surgical centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Endoluminal Suturing Device Market, Endoluminal Suturing Device Market Size, Endoluminal Suturing Device Market Growth, Endoluminal Suturing Device Market Analysis, Endoluminal Suturing Device Market Report, Endoluminal Suturing Device Market Share, Endoluminal Suturing Device Market Trends, Endoluminal Suturing Device Market Forecast, Endoluminal Suturing Device Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.