Ligation Devices Market Analysis by Gynaecology, GIT, Cardiothoracic and Urology Applications to 2024 - Rear Excessive Growth Estimated by Key Top Players Like Johnson & Johnson, Medtronic, The Cooper Companies, Inc. and Olympus Corporation

The ligation devices market is segmented into handheld instruments and accessories. The accessories segment accounted for a share of 68.2% in 2018 and is anticipated to grow at a CAGR of 6.9% during the forecast period. This growth can be attributed to the increasing number of surgical procedures, especially in emerging markets.

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Report studies ligation devices market based on products, procedures, applications, end users, and regions. Report also analyzes factors (such as drivers, opportunities, and challenges) affecting market growth. It evaluates opportunities and challenges in market for stakeholders and provides details of competitive landscape for market leaders.

The ligation devices market is projected to reach USD 1,189 million by 2024 from USD 876 million in 2019, at a CAGR of 6.3% during the forecast period. Growth in this market is mainly driven by the increasing prevalence of diseases requiring surgical treatment, especially minimally invasive surgery (MIS).

Report also studies micro markets with respect to their growth trends, prospects, and contributions to total ligation devices market. Rport forecasts the revenue of the market segments with respect to four major regions. However, the high cost of ligation devices is a major restraint for this market, particularly in emerging countries

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North America, which includes the US and Canada, accounted for the largest share of the ligation devices market. The large share of this market segment can be attributed to the increasing incidence of gastrointestinal diseases. In addition to this, favorable reimbursement policies for MIS procedures in the region are also driving the growth of this market.

Ligation devices market is segmented into MIS and open surgery. In 2018, the MIS segment accounted for the larger share of the ligation devices market. The large share of this segment can be attributed to the rising adoption of MIS procedures over open surgical procedures. Additionally, increasing awareness regarding the advantages of MIS over open surgery is also expected to drive market growth.

#Table of Content
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Ligation Devices Market, By Product
7 Ligation Devices Market, By Procedure
8 Ligation Devices Market, By Application
9 Ligation Devices Market, By End User
10 Ligation Devices Market, By Region
11 Competitive Landscape
12 Company Profiles

Download Complete Report of 110 Pages of “Ligation Devices Market by Product (Hand-held Instruments, Accessories), Procedure (Minimally Invasive & Open Surgery), Application (Gynaecology, GIT, Cardiothoracic, Urology), End User (Hospital, Nursing Homes) - Global Forecast to 2024” report at https://www.reportsnreports.com/purchase.aspx?name=1929301 .

The ligation devices market (110 Pages Report) analysed by Gynaecology, GIT, Cardiothoracic, Urology applications to 2024. Some of the prominent players in the ligation devices market are are Ethicon (Johnson and Johnson) (US), Teleflex Incorporated (US), Olympus (Japan), Applied Medical (US), ConMed (US), Cooper Surgical (US), Genicon (US), Grena Think Medical (UK), B.Braun (Germany), and Medtronic (Ireland).

Breakdown of supply-side primary interviews, by company type, designation, and region:
• By Company Type: Tier 1 (20%), Tier 2 (45%), and Tier 3 (35%)
• By Designation: C-level (30%), Director-level (20%), and Others (50%)
• By Region: North America (35%), Europe (24%), Asia Pacific (25%), and RoW (16%)

The ligation devices market is geographically segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). While North America dominated the market in 2018, Asia Pacific is expected to register the highest CAGR in the market during the forecast period. Growth in the APAC region is largely driven by the large patient population and increasing infrastructural development in the region.

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