Global Ligation Devices Market, Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2029

“Global Ligation Devices Market” is an upcoming market research report in the process of preparation by the research team at MarketResearch.biz. In the report, detailed data and information on growth prospects, market restraints and drivers, competitive landscape, key trends, revenue details, overview of key players, and recent developments are included. Data and information and findings and conclusions provided in the report have been verified by experts in the industry. The global ligation devices market research report has been segmented on the basis of product, application, procedure type, end-use, and regions and countries.

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Overview

Ligation is a minimally invasive surgical procedure entailing tying a ligature around a vein, blood vessel, or duct in the body through a small incision. It enables joining of separated tissue parts or organs together or closing an incision during surgery. These devices are used for laparoscopic operations as well as for open surgical procedures. Ligation clips are implantable devices that are made of non-resorbable polymers, which prevent bacterial growth and are biocompatible and structurally stable over time.

Dynamics

Increase in minimally invasive procedures and surgical procedures is projected to drive growth of the global ligation devices market over the forecast period. In addition, cardiac, urological, gynecological, and gastrointestinal surgery procedures require ligation devices, and prevalence of these has been increasing in the recent past. Furthermore, endoscopic procedures also require the use of ligation devices, and significant rise in prevalence of various age-related diseases are among other factors expected to positively influence growth of the market. Chronic conditions and disorders related to digestives systems are more prevalent among the geriatric population. Increasing number of older individuals opting for treatment of diseases related to digestive system continues to support growth of the market. In addition, preference for minimally invasive surgeries for geriatric patients is another factor expected to drive growth of the market. According to the National Institutes of Health (NIH), the number of people over the age of 65 years is projected to reach 1.6 billion by 2050 from 617 million in 2015.

Global Ligation Devices Market Segment Analysis:

By Product: Among the product segments, the accessories segment is projected to account for highest revenue share in the global ligation devices market and the trend is projected to continue over the forecast period.

By Application: Revenue from the gastrointestinal and abdominal surgery segment among the application segments has been gaining traction owing to increasing demand for various ligation devices for use during gastrointestinal procedures.

Global Ligation Devices Market Regional Analysis:

The market in North America is projected to account for high revenue share in the global ligation devices market, and this dominance is expected to continue over the forecast period. This growth can be attributed to increasing number of surgical procedures. In addition, initiatives by governments and presence of key players in the region are among some of the key factors driving growth of the market in the region.

Global Ligation Devices Market Segmentation: 

By Product:

• Appliers
  • Disposable
  • Reusable
• Accessories
  • Clips
  • Clip Remover

 By Application:

• Gastrointestinal and Abdominal Surgery
• Gynecological Surgery
• Cardiothoracic Surgery
• Urological Surgery
• Other

 By Procedure Type:

• Minimally Invasive Surgery (MIS)
• Open Surgery

By End-use:

• Hospitals
• Ambulatory Surgical Centers

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa