Endoscopic Hemostasis Devices Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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Endoscopic Hemostasis Devices Market Report Overview
The endoscopic hemostasis devices market size was $1.02 billion in 2023. The market is expected to grow at a CAGR of more than 6% during 2023-2033. Such devices are employed in the management of Gastrointestinal (GI) bleeding and often act as the first line of therapy. The indications of endoscopic hemostasis technique include various upper and lower gastrointestinal bleeding diseases.
Endoscopic Hemostasis Devices Market Outlook, 2023-2033 ($ Billion)
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The Endoscopic Hemostasis Devices market research report has been created to understand market behavior, which will help identify quantitative market trends in the endoscopy devices therapeutic area. The model discusses in detail the impact of COVID-19 on the endoscopic hemostasis devices market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing your in-licensing and out-licensing strategies.
Market Size (2023) | $1.02 billion |
CAGR (2023-2033) | >6% |
Forecast Period | 2023-2033 |
Historical Period | 2015-2022 |
Key Segments | · Disposable Ligator Kits
· Hemostatic Clips · Hemostatic Probes · Hemostatic Sprays · Injection Needles · Reusable Ligators |
Key Regions | · North America
· Europe · Asia Pacific · South Central America · Middle East and Africa |
Leading Companies | · Boston Scientific Corp
· ConMed Corp · Cook Medical Inc · ERBE Elektromedizin GmbH · Olympus Corp · United States Endoscopy Group Inc · Micro-Tech Nanjing Co Ltd |
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Endoscopic Hemostasis Devices Market Dynamics
The market for endoscopic hemostasis devices is expected to rise during the forecast period due to an increase in the population and the incidence of gastrointestinal disorders. Additionally, a growing preference for minimally invasive procedures among patients and doctors is also contributing to the growth of this market. The market is experiencing advances in technological developments as well due to constantly evolving features that maximize functionality while lowering the rebleeding rates.
Endoscopic Hemostasis Devices Market Segments
The key segments in the endoscopic hemostasis devices market are disposable ligator kits, hemostatic clips, hemostatic probes, hemostatic sprays, injection needles, and reusable ligators. Hemostatic clips led the endoscopic hemostasis devices market in 2023. They are single-use, implantable metallic devices with a clasping mechanism intended for use in the gastrointestinal tract during an endoscopic procedure for multiple applications including hemostasis, endoscopic marking, and closure of luminal perforations.
Endoscopic Hemostasis Devices Market Analysis by Segments, 2023 (%)
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Endoscopic Hemostasis Devices Market Segmentation by Regions
The key regions in the endoscopic hemostasis devices market are North America, Europe, Asia Pacific, South Central America, and the Middle East and Africa. In 2023, North America dominated the endoscopic hemostasis devices market and is expected to generate the most revenue during the forecast period. A rise in gastrointestinal surgeries in the region, mainly in the US, will drive the North American endoscopic hemostasis devices market.
Endoscopic Hemostasis Devices Market Analysis by Regions, 2023 (%)
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Endoscopic Hemostasis Devices Market - Competitive Landscape
A few of the leading companies in the endoscopic hemostasis devices market are:
- Boston Scientific Corp
- ConMed Corp
- Cook Medical Inc
- ERBE Elektromedizin GmbH
- Olympus Corp
- United States Endoscopy Group Inc
- Micro-Tech Nanjing Co Ltd
Boston Scientific Corp dominated the endoscopic hemostasis devices market in 2023.
Endoscopic Hemostasis Devices Market Analysis by Companies, 2023 (%)
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Segments Covered in the Report
Endoscopic Hemostasis Devices Segments Outlook (Value, $ Billion, 2015-2033)
- Disposable Ligator Kits
- Hemostatic Clips
- Hemostatic Probes
- Hemostatic Sprays
- Injection Needles
- Reusable Ligators
Endoscopic Hemostasis Devices Regional Outlook (Value, $ Billion, 2015-2033)
- North America
- Europe
- Asia Pacific
- South Central America
- Middle East & Africa
Key Inclusions
Currently marketed Endoscopic Hemostasis Devices and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total Endoscopic Hemostasis Devices market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional, and Country level market specific insights:
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Endoscopic Hemostasis Devices market.
- Competitive dynamics insights and trends provided for the Endoscopic Hemostasis Devices market.
Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: Boston Scientific Corp, ConMed Corp, Cook Group Inc, ERBE Elektromedizin GmbH, Olympus Corp, United States Endoscopy Group Inc, Micro-Tech Nanjing Co Ltd, Integra LifeSciences Holdings Corp, Medline Industries LP, Diversatek Inc, and others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This report provides:
- Insightful review of the key industry trends.
- Annualized total Endoscopic Hemostasis Devices market revenue by segment and market outlooks.
- Market-level data on units, average selling prices, and market values.
- Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Endoscopic Hemostasis Devices market.
- Competitive dynamics insights and trends provided for the Endoscopic Hemostasis Devices market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Reasons to Buy
The model will enable you to:
- Understand the impact of COVID-19 on the Endoscopic Hemostasis Devices market.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving the Endoscopic Hemostasis Devices market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Endoscopic Hemostasis Devices market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counterstrategies to gain a competitive advantage.
- Track device sales in the global and country-specific Endoscopic Hemostasis Devices market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
ConMed Corp
Cook Group Inc
ERBE Elektromedizin GmbH
Olympus Corp
United States Endoscopy Group Inc
Micro-Tech Nanjing Co Ltd
Integra LifeSciences Holdings Corp
Medline Industries LP
Diversatek Inc
Others
Frequently asked questions
-
What was the endoscopic hemostasis devices market size in 2023?
The endoscopic hemostasis devices market size was $1.02 billion in 2023.
-
What will the endoscopic hemostasis devices market growth rate be during the forecast period?
The endoscopic hemostasis devices market is expected to grow at a CAGR of more than 6% during 2023-2033.
-
Which region dominated the endoscopic hemostasis devices market in 2023?
North America dominated the overall endoscopic hemostasis devices market in 2023.
-
Which segment led the endoscopic hemostasis devices market in 2023?
Hemostatic Clips led the endoscopic hemostasis devices market in 2023.
-
Which are the leading companies in the endoscopic hemostasis devices market?
A few of the leading companies in the endoscopic hemostasis devices market are Boston Scientific Corp, ConMed Corp, Cook Medical Inc, ERBE Elektromedizin GmbH, Olympus Corp, United States Endoscopy Group Inc, and Micro-Tech Nanjing Co Ltd, among others.
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