Press release
Hemorrhoid Treatment Devices Industry is Expected to Reach Huge Growth by 2031 - Medtronic, CRH Corp., THD SpA, Cook
Global Hemorrhoid Treatment Devices Market reached US$ YY million in 2023 and is expected to reach US$ YY million by 2031, growing at a CAGR of YY% during the forecast period 2024-2031.Hemorrhoids are swollen veins in the anal canal that cause symptoms like pain, itching, and rectal bleeding. They are classified into grades 1 to 4 based on their appearance, symptoms, and degree of prolapse. Grades 1 to 3 hemorrhoids can be treated with non-surgical methods such as band ligation, infrared coagulation, and laser therapy. These procedures can be performed in an office setting without the need for sedation.
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Market Trends:
The rising approval and launch of hemorrhoid treatment devices are driving market growth, with companies introducing innovative technologies like band ligation and laser therapy. Notable examples include Devloperation's PexyEazy, a mucopexy-based device launched in 2023, and Haemoband's expanded distribution of their band ligation device, Haemoband-PLUS, leading to significant sales growth. The increasing prevalence of hemorrhoids, coupled with changing lifestyles and diets, is expected to further propel the market in the coming years.
Segment Covered in the Hemorrhoid Treatment Devices Market:
By Product Type: Devices, Accessories
By Technology: Rubber Band Ligation, Infrared Coagulation, Laser Technology, Sclerotherapy, Others
By End Users: Hospitals, Specialty Clinics, Ambulatory Surgical Centers, Out-Patient Departments, Others
Regional Analysis:
The global Hemorrhoid Treatment Devices Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
The global Hemorrhoid Treatment Devices Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Hemorrhoid Treatment Devices Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Top Major Key Players
• Medtronic
• CRH Corp.
• THD SpA
• Cook
• Ethicon US, LLC.,
• Boston Scientific Corporation
• CONMED Corporation.
• Integra LifeSciences Corporation.
• Biolitec AG,
• Privi Medical
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