Market Overview:
The global multiple band ligator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing number of surgical procedures, technological advancements, and rising demand for minimally invasive surgeries. Based on type, the global multiple band ligator market can be segmented into latex free and latex bands. The latex free segment is expected to grow at a higher CAGR than the latex band segment during the forecast period from 2018 to 2030. This growth can be attributed to the increasing awareness about health hazards associated with exposure to natural rubber latex proteins among healthcare professionals and patients alike. Based on application, the global multiple band ligator market can be divided into hospitals, ambulatory surgical centers (ASCs), surgical centers, and others (including research institutes and training institutions). The hospitals segment is estimated to account for a major share of the global multiple band ligator market in 2018.
Product Definition:
A multiple band ligator is a surgical instrument used to tie off blood vessels and other tubular structures. The importance of a multiple band ligator lies in its ability to tightly secure bands around an object, thereby occluding or obstructing the flow of blood or other fluid.
Latex Free:
Latex free, it's usage.
The global latex free, it's usage and growth factor in the multiple band ligator market size was valued at USD 6.5 million in 2015. The growing prevalence of allergies among consumers is expected to drive demand over the forecast period. In addition, rising consumer awareness regarding health hazards associated with allergenics may further fuel demand over the next seven years.
Latex:
Latex is a highly stretchable, elastic polymer. It can be made from natural or synthetic (synthetic latex is usually cheaper and more easily available) sources. Latex band ligator has applications in the medical field for removing blood clots from arteries and veins using vacuum or laser techniques. The technique involves applying steady pressure on the affected area which helps in breaking up the blood clot thus allowing blood flow through the opened artery or vein.
Application Insights:
The others application segment held the largest share of more than 50.0% in 2017. The other applications include diagnostic laboratories, clinics and hospitals, and home healthcare settings among others. Among these, clinics and hospitals accounted for the largest share in 2017 owing to increasing demand for band ligators at clinics and hospitals due to high patient volumes that require frequent blood tests.
Regional Analysis:
North America dominated the global multiple band ligator market in 2017. This can be attributed to increasing number of ASCs, favorable reimbursement policies, and rising demand for minimally invasive surgeries. In addition, presence of well-established healthcare facilities and availability of highly skilled surgeons are also expected to drive the regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative CAGR during the forecast period owing to factors such as improving healthcare infrastructure with an aim towards reducing patient waiting time along with government initiatives for tackling cancer in developing countries like India & China. Moreover, growing medical tourism industry due to low cost of treatment is also expected boost regional growth over next eight years (2030).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgical procedures is expected to grow at a CAGR of 6.8% from 2016 to 2021. This is primarily due to the advantages offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. The multiple band ligator market is expected to benefit from this trend as more surgeons adopt its use for performing laparoscopic surgeries.
- Growing demand for bariatric surgery: Obesity has become a major public health concern in recent years, with around 1 in 3 adults in the US being obese. This has led to an increase in the number of bariatric surgeries performed each year, which are now considered a standard treatment option for obesity-related conditions such as type 2 diabetes and heart disease. The multiple band ligator market is expected to benefit from this trend as more surgeons adopt its use for performing bariatric surgeries.
- Rising prevalence of chronic diseases: Chronic diseases such as cancer, heart disease, and diabetes are on the rise worldwide due to changing lifestyles and aging populations. These diseases are often treated with surgical interventions such as chemotherapy, coronary artery bypass grafting (CABG), or gastric bypass surgery respectively). The multiple band ligator market is expected to benefit from this trend as more surgeons adopt its use for performing these types of surgeries .
Scope Of The Report
Report Attributes
Report Details
Report Title
Multiple Band Ligator Market Research Report
By Type
Latex Free, Latex
By Application
Hospitals, Ambulatory Surgical Centers, Surgical Centers, Others
By Companies
Micro-Tech, Boston Scientific Corp., Cook Medical, Ace Medical Devices Pvt. Ltd., Orion Concepts, Shaili Endoscopy, Cantel Medical, Medline Industries, Explore Synergy, Micro-Tech
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Multiple Band Ligator Market Report Segments:
The global Multiple Band Ligator market is segmented on the basis of:
Types
Latex Free, Latex
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, Surgical Centers, Others
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:
- Micro-Tech
- Boston Scientific Corp.
- Cook Medical
- Ace Medical Devices Pvt. Ltd.
- Orion Concepts
- Shaili Endoscopy
- Cantel Medical
- Medline Industries
- Explore Synergy
- Micro-Tech
Highlights of The Multiple Band Ligator 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:
- Latex Free
- Latex
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Surgical Centers
- Others
- 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 Multiple Band Ligator 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.
How you may use our products:
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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?
Multiple Band Ligator is a surgical procedure that uses two or more bands to tighten the skin around the waist. This procedure can help reduce the appearance of loose skin and improve your overall silhouette.
Some of the major players in the multiple band ligator market are Micro-Tech, Boston Scientific Corp., Cook Medical, Ace Medical Devices Pvt. Ltd., Orion Concepts, Shaili Endoscopy, Cantel Medical, Medline Industries, Explore Synergy, Micro-Tech.
The multiple band ligator market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Multiple Band Ligator Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Multiple Band Ligator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Multiple Band Ligator Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Multiple Band Ligator Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Multiple Band Ligator Market Size & Forecast, 2018-2028
4.5.1 Multiple Band Ligator Market Size and Y-o-Y Growth
4.5.2 Multiple Band Ligator Market Absolute $ Opportunity
Chapter 5 Global Multiple Band Ligator Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Multiple Band Ligator Market Size Forecast by Type
5.2.1 Latex Free
5.2.2 Latex
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Multiple Band Ligator Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Multiple Band Ligator Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Surgical Centers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multiple Band Ligator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Multiple Band Ligator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Multiple Band Ligator Analysis and Forecast
9.1 Introduction
9.2 North America Multiple Band Ligator Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Multiple Band Ligator Market Size Forecast by Type
9.6.1 Latex Free
9.6.2 Latex
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Multiple Band Ligator Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers
9.10.3 Surgical Centers
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Multiple Band Ligator Analysis and Forecast
10.1 Introduction
10.2 Europe Multiple Band Ligator Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Multiple Band Ligator Market Size Forecast by Type
10.6.1 Latex Free
10.6.2 Latex
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Multiple Band Ligator Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers
10.10.3 Surgical Centers
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Multiple Band Ligator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Multiple Band Ligator Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Multiple Band Ligator Market Size Forecast by Type
11.6.1 Latex Free
11.6.2 Latex
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Multiple Band Ligator Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers
11.10.3 Surgical Centers
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Multiple Band Ligator Analysis and Forecast
12.1 Introduction
12.2 Latin America Multiple Band Ligator Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Multiple Band Ligator Market Size Forecast by Type
12.6.1 Latex Free
12.6.2 Latex
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Multiple Band Ligator Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers
12.10.3 Surgical Centers
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Multiple Band Ligator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Multiple Band Ligator Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Multiple Band Ligator Market Size Forecast by Type
13.6.1 Latex Free
13.6.2 Latex
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Multiple Band Ligator Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers
13.10.3 Surgical Centers
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Multiple Band Ligator Market: Competitive Dashboard
14.2 Global Multiple Band Ligator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Micro-Tech
14.3.2 Boston Scientific Corp.
14.3.3 Cook Medical
14.3.4 Ace Medical Devices Pvt. Ltd.
14.3.5 Orion Concepts
14.3.6 Shaili Endoscopy
14.3.7 Cantel Medical
14.3.8 Medline Industries
14.3.9 Explore Synergy
14.3.10 Micro-Tech
