Market Overview:
The global endoluminal suturing devices market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of gastrointestinal defects, bariatric surgery, and gastroesophageal reflux disease (GERD). In addition, the growing demand for minimally invasive surgeries is also contributing to the growth of this market. Based on type, the global endoluminal suturing devices market can be segmented into bariatric surgery, gastrointestinal defects, and GERD. The bariatric surgery segment is expected to grow at a CAGR of 8% during the forecast period from 2018 to 2030. This growth can be attributed to rising obesity rates across the globe. Based on application, hospitals are expected to account for majority share of revenue in this market during the forecast period from 2018-2030 followed by ambulatory surgical centers (ASCs).
Product Definition:
Endoluminal suturing devices are medical instruments that are used to close or repair a hole or tear in the wall of a body organ. These devices consist of a long, thin tube that is inserted into the organ through a small opening, and a suture attached to the end of the tube. The suture is then used to close the hole or tear.
Bariatric Surgery:
Bariatric surgery is a group of surgical procedures that are done to people who are obese. The main aim of these surgeries is to reduce or eliminate the stomach fat. There are different types of bariatric surgeries available today which include gastric bypass, gastric sleeve, and gastric balloon. These procedures make a small pouch in the stomach which can hold less food and hence reduces the fullness feeling; thereby making it easier to digest smaller amount of food.
Gastrointestinal Defects:
The gastrointestinal (GI) tract is a hollow organ that serves many functions, the most important ones being digestion and elimination of waste products from the body. The GI tract consists of an upper GI tract (gastrointestinal part), lower GI tract (colon), and middle GI tract. The function of the upper gastrointestinal part includes food intake, production of saliva, stomach acid secretion, and enzyme production for protein digestion.
Application Insights:
Based on application, the global endoluminal suturing devices market is segmented into hospitals and ambulatory surgical centers. The hospitals segment dominated the market in 2017 owing to a high prevalence of chronic diseases that require long-term treatment.
The gastroesophageal reflux disease (GERD) segment is expected to grow at a lucrative rate during the forecast period due to increasing awareness about this condition among consumers globally.
Regional Analysis:
North America dominated the global endoluminal suturing devices market in 2017. This can be attributed to increasing bariatric and gastrointestinal surgeries, favorable reimbursement policies, and high healthcare expenditure levels in this region. In addition, growing number of minimally invasive procedures is anticipated to further boost the growth of this regional market over the forecast period.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to rising geriatric population base that requires various surgical interventions for treatment of various disorders such as cardiac diseases and gastrointestinal tract disorders. Moreover, rapidly developing medical tourism industry will also contribute towards increased demand for endoluminal suturing devices in Asia Pacific region thereby driving its growth over the forecast period.
Growth Factors:
- Increasing incidence of gastrointestinal diseases: The incidence of gastrointestinal diseases is increasing globally due to changing lifestyle and food habits. This is expected to drive the demand for endoluminal suturing devices in the coming years.
- Growing popularity of minimally invasive surgeries: Minimally invasive surgeries are gaining popularity due to their benefits such as reduced hospital stay, faster recovery time, and lesser pain. This is expected to boost the demand for endoluminal suturing devices in the near future.
- Technological advancements: The technological advancements in endoluminal suturing devices are helping surgeons perform complex procedures with ease and accuracy. This is likely to propel the growth of this market in the coming years.
- Rising geriatric population: The geriatric population is growing at a rapid pace across the world owing to improved healthcare facilities and rising awareness about health issues among seniors citizens .This is anticipated to create a high demand for endoluminal suturing devices in upcoming years . 5) Increasing number of bariatric surgery procedures :The number of bariatric surgery procedures being performed globally has been on rise over past few years owing t o increase prevalence obesity-related problems .This trend i s likely t o fuel th e growth oft he globalend olumin als uturin gdevic esmark etint henearfuture
Scope Of The Report
Report Attributes
Report Details
Report Title
Endoluminal Suturing Devices Market Research Report
By Type
Bariatric Surgery, Gastrointestinal Defects, Gastroesophageal Reflux Disease
By Application
Hospitals, Ambulatory Surgical Centers
By Companies
Apollo Endosurgery, Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Endoluminal Suturing Devices Market Report Segments:
The global Endoluminal Suturing Devices market is segmented on the basis of:
Types
Bariatric Surgery, Gastrointestinal Defects, Gastroesophageal Reflux Disease
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgical Centers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Apollo Endosurgery, Inc
Highlights of The Endoluminal Suturing Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bariatric Surgery
- Gastrointestinal Defects
- Gastroesophageal Reflux Disease
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Endoluminal Suturing Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Endoluminal suturing devices are medical devices that use a thread or wire to close off small blood vessels in the body. This can help reduce bleeding and improve the chances of a successful surgery.
Some of the major players in the endoluminal suturing devices market are Apollo Endosurgery, Inc.
The endoluminal suturing devices market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Endoluminal Suturing Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Endoluminal Suturing Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Endoluminal Suturing Devices Market - Supply Chain
4.5. Global Endoluminal Suturing Devices Market Forecast
4.5.1. Endoluminal Suturing Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Endoluminal Suturing Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Endoluminal Suturing Devices Market Absolute $ Opportunity
5. Global Endoluminal Suturing Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Endoluminal Suturing Devices Market Size and Volume Forecast by Type
5.3.1. Bariatric Surgery
5.3.2. Gastrointestinal Defects
5.3.3. Gastroesophageal Reflux Disease
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Endoluminal Suturing Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Endoluminal Suturing Devices Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Ambulatory Surgical Centers
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Endoluminal Suturing Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Endoluminal Suturing Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Endoluminal Suturing Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Endoluminal Suturing Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Endoluminal Suturing Devices Demand Share Forecast, 2019-2026
9. North America Endoluminal Suturing Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Endoluminal Suturing Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Endoluminal Suturing Devices Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Ambulatory Surgical Centers
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Endoluminal Suturing Devices Market Size and Volume Forecast by Type
9.7.1. Bariatric Surgery
9.7.2. Gastrointestinal Defects
9.7.3. Gastroesophageal Reflux Disease
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Endoluminal Suturing Devices Demand Share Forecast, 2019-2026
10. Latin America Endoluminal Suturing Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Endoluminal Suturing Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Endoluminal Suturing Devices Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Ambulatory Surgical Centers
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Endoluminal Suturing Devices Market Size and Volume Forecast by Type
10.7.1. Bariatric Surgery
10.7.2. Gastrointestinal Defects
10.7.3. Gastroesophageal Reflux Disease
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Endoluminal Suturing Devices Demand Share Forecast, 2019-2026
11. Europe Endoluminal Suturing Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Endoluminal Suturing Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Endoluminal Suturing Devices Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Ambulatory Surgical Centers
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Endoluminal Suturing Devices Market Size and Volume Forecast by Type
11.7.1. Bariatric Surgery
11.7.2. Gastrointestinal Defects
11.7.3. Gastroesophagel Reflux Disease
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Endoluminal Suturing Devices Demand Share, 2019-2026
12. Asia Pacific Endoluminal Suturing Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Endoluminal Suturing Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Endoluminal Suturing Devices Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Ambulatory Surgical Centers
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Endoluminal Suturing Devices Market Size and Volume Forecast by Type
12.7.1. Bariatric Surgery
12.7.2. Gastrointestinal Defects
12.7.3. Gastroesophageal Reflux Disease
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Endoluminal Suturing Devices Demand Share, 2019-2026
13. Middle East & Africa Endoluminal Suturing Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Endoluminal Suturing Devices Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Endoluminal Suturing Devices Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Ambulatory Surgical Centers
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Endoluminal Suturing Devices Market Size and Volume Forecast by Type
13.7.1. Bariatric Surgery
13.7.2. Gastrointestinal Defects
13.7.3. Gastroesophageal Reflux Disease
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Endoluminal Suturing Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Endoluminal Suturing Devices Market: Market Share Analysis
14.2. Endoluminal Suturing Devices Distributors and Customers
14.3. Endoluminal Suturing Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Apollo Endosurgery, Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. COMPANY2
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. COMPANY3
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
