Endoluminal Suturing Devices Market Size: Key Player and Analysis Report, In-Depth Study, Future Gro
The market for endoluminal suturing devices was valued at $73.5 million globally in 2021 and is anticipated to grow at a rate of 11.4% during the forecast period. The prevalence of chronic conditions like obesity and gastrointestinal disorders is on the rise, which is a major reason in the rising market revenue. The International Diabetes Federation (IDF) estimates that 643 million people would be diagnosed with diabetes worldwide by the year 2030, up from an estimated 537 million in 2021. Obesity and diabetes are associated with one another. Obesity is assumed to be responsible for 80–85% of the risk of type 2 diabetes, according to diabetes.co.uk.
The global Endoluminal Suturing Devices Market report published by Emergen Research assesses the Endoluminal Suturing Devices market with regards to market size, market share, revenue growth, key segments, and regional bifurcation. The global Endoluminal Suturing Devices market is highly fragmented with numerous players operating on a global and regional level. The companies are engaged in mergers and acquisitions, joint ventures, and collaborations along with product advancements and R&D activities to cater to the growing global demand and gain a robust footing in the market.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Endoluminal Suturing Devices market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Johnson & Johnson Services, Inc., Apollo Endosurgery, Inc., Medtronic, USGI Medical, Inc, Cook Group, Ovesco Endoscopy AG, Endo Tools Therapeutics S.A., Stryker Corporation, B. Braun SE, and ErgoSuture
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Emergen Research has segmented the global Endoluminal Suturing Devices market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
- Application Outlook (Revenue, USD Million; 2019-2030)Bariatric SurgeryGastrointestinal SurgeryGastroesophageal Reflux Disease SurgeryOthers
- End-Use Outlook (Revenue, USD Million; 2019-2030)Hospitals and clinicsAmbulatory Surgical CentersOthers
- Regional Outlook (Revenue, USD Million; 2019–2030)North AmericaU.S.CanadaMexicoEuropeGermanyFranceU.K.ItalySpainBeneluxRest of EuropeAsia PacificChinaIndiaJapanSouth KoreaRest of APACLatin AmericaBrazilRest of LATAMMiddle East & AfricaSaudi ArabiaUAESouth AfricaTurkeyRest of MEA
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Endoluminal Suturing Devices Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Endoluminal Suturing Devices Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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