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Ligation devices, also known as legators, are medical instruments used in surgical procedures to ligate (tie off) blood vessels or other structures. The purpose of ligation is to occlude or close off the vessel or structure, preventing bleeding or controlling the flow of fluids. Ligation devices are commonly used in various surgical specialities, including general surgery, cardiovascular surgery, gynecology, and orthopedic surgery. The Ligation Devices market is expanding because of factors such as the rise in the prevalence of cardiovascular & urological diseases, the increasing number of minimally invasive procedures.
Ligation devices play a crucial role in the management and treatment of certain cardiovascular and urological conditions. For example, in cardiovascular medicine, ligation devices are used in procedures such as ligating blood vessels or ducts to prevent bleeding or to close off abnormal vessels. In urology, ligation devices can be used in surgeries such as vasectomy or for controlling bleeding during kidney surgeries. The increasing prevalence of these diseases has likely led to a higher demand for medical devices such as ligation devices The American College of Cardiology reports that by 2030, there would be around 29 million Americans with a diagnosis of cardiovascular disease, up from 6.95 million in the year 2021. In 2020, 244.1 million people worldwide were living with ischemic heart disease. Moreover, According to the Global Forum on Incontinence, 2020, approximately 400 million people globally experience urine incontinence or 4-8% of the population. In addition, according to the Journal of Urology 2018, 12% of the world's population is predicted to have urolithiasis by 2025. Thus, the rising prevalence of cardiovascular and urological diseases across the globe is driving market growth. In addition, the increasing number of bariatric surgeries and aesthetic surgeries and the surge in healthcare spending for the treatment of diseases are some factors creating new opportunities for market growth. However, the high cost of ligation devices and non-invasive alternatives stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Ligation Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing disease prevalence, the presence of key market players, and rising healthcare expenditure for research and development activities. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising demand for non-invasive surgeries, rising prevalence of diseases, an increase in the number of collaborations for laser technology development, and geographic expansion of key players in the region.
Major market player included in this report are:
- Johnson & Johnson
- Medtronic plc
- Teleflex Incorporated
- Olympus Corporation
- Applied Medical Distribution Corporation
- CONMED Corporation
- CooperSurgical Inc.
- Progressive Medical, Inc.
- Grena Ltd
- B. Braun Group
Recent Developments in the Market:
- In December 2020, ConMed Corporation and PhyzioTech, Inc. established a partnership to create and market a line of minimally invasive surgical instruments, including ligation devices, for the treatment of pelvic floor problems. The company's product range was strengthened across the market thanks to this new launch.
Global Ligation Devices Market Report Scope:
- Historical Data - 2020 - 2021
- Base Year for Estimation - 2022
- Forecast period - 2023-2030
- Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered - Product, Procedure, Application, Region
- Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
- Hand-held Instruments
- Accessories
By Procedure:
- Minimally Invasive
- Open Surgery
By Application:
- Gynaecology
- Cardiovascular Applications
- Gastrointestinal and Abdominal Applications
- Others
By Region:
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Ligation Devices Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Ligation Devices Market, by Product, 2020-2030 (USD Billion)
- 1.2.3. Ligation Devices Market, by Procedure, 2020-2030 (USD Billion)
- 1.2.4. Ligation Devices Market, by Application, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Ligation Devices Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Ligation Devices Market Dynamics
- 3.1. Ligation Devices Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Rising prevalence of cardiovascular & urological diseases
- 3.1.1.2. Increasing number of minimally invasive procedures.
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Ligation Devices
- 3.1.2.2. Availability of alternatives
- 3.1.3. Market Opportunities
- 3.1.3.1. Increasing number of bariatric surgeries and aesthetic surgeries
- 3.1.3.2. Surge in healthcare spending for treatment of diseases
Chapter 4. Global Ligation Devices Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Ligation Devices Market, by Product
- 5.1. Market Snapshot
- 5.2. Global Ligation Devices Market by Product, Performance - Potential Analysis
- 5.3. Global Ligation Devices Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
- 5.4. Ligation Devices Market, Sub Segment Analysis
- 5.4.1. Hand-held Instruments
- 5.4.2. Accessories
Chapter 6. Global Ligation Devices Market, by Procedure
- 6.1. Market Snapshot
- 6.2. Global Ligation Devices Market by Procedure, Performance - Potential Analysis
- 6.3. Global Ligation Devices Market Estimates & Forecasts by Procedure 2020-2030 (USD Billion)
- 6.4. Ligation Devices Market, Sub Segment Analysis
- 6.4.1. Minimally Invasive
- 6.4.2. Open Surgery
Chapter 7. Global Ligation Devices Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Ligation Devices Market by Application, Performance - Potential Analysis
- 7.3. Global Ligation Devices Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 7.4. Ligation Devices Market, Sub Segment Analysis
- 7.4.1. Gynaecology
- 7.4.2. Cardiovascular Applications
- 7.4.3. Gastrointestinal and Abdominal Applications
- 7.4.4. Others
Chapter 8. Global Ligation Devices Market, Regional Analysis
- 8.1. Top Leading Countries
- 8.2. Top Emerging Countries
- 8.3. Ligation Devices Market, Regional Market Snapshot
- 8.4. North America Ligation Devices Market
- 8.4.1. U.S. Ligation Devices Market
- 8.4.1.1. Product breakdown estimates & forecasts, 2020-2030
- 8.4.1.2. Procedure breakdown estimates & forecasts, 2020-2030
- 8.4.1.3. Application breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Ligation Devices Market
- 8.5. Europe Ligation Devices Market Snapshot
- 8.5.1. U.K. Ligation Devices Market
- 8.5.2. Germany Ligation Devices Market
- 8.5.3. France Ligation Devices Market
- 8.5.4. Spain Ligation Devices Market
- 8.5.5. Italy Ligation Devices Market
- 8.5.6. Rest of Europe Ligation Devices Market
- 8.6. Asia-Pacific Ligation Devices Market Snapshot
- 8.6.1. China Ligation Devices Market
- 8.6.2. India Ligation Devices Market
- 8.6.3. Japan Ligation Devices Market
- 8.6.4. Australia Ligation Devices Market
- 8.6.5. South Korea Ligation Devices Market
- 8.6.6. Rest of Asia Pacific Ligation Devices Market
- 8.7. Latin America Ligation Devices Market Snapshot
- 8.7.1. Brazil Ligation Devices Market
- 8.7.2. Mexico Ligation Devices Market
- 8.8. Middle East & Africa Ligation Devices Market
- 8.8.1. Saudi Arabia Ligation Devices Market
- 8.8.2. South Africa Ligation Devices Market
- 8.8.3. Rest of Middle East & Africa Ligation Devices Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Johnson & Johnson
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Recent Developments
- 9.3.2. Medtronic plc
- 9.3.3. Teleflex Incorporated
- 9.3.4. Olympus Corporation
- 9.3.5. Applied Medical Distribution Corporation
- 9.3.6. CONMED Corporation
- 9.3.7. CooperSurgical Inc.
- 9.3.8. Progressive Medical, Inc.
- 9.3.9. Grena Ltd
- 9.3.10. B. Braun Group
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption
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