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Ligation Devices Market Share

Report ID: GMI3536
Published Date: May 2023
Report Format: PDF

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Ligation Devices Industry Leaders

Some of the major players operating in the ligation devices market are:

Medtronic Plc
Johnson and Johnson (Ethicon)
Cooper Surgical (the Cooper Companies, Inc.)
CONMED Corporation
B Braun Melsungen AG,
Teleflex Incorporated

These leading market players are implementing advanced technologies to cater to the large unmet needs of the consumers. These players focus on strategic partnerships, new product launch & commercialization for market expansion.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global Ligation Devices Market was valued at USD 1 billion in 2022 and will accrue over USD 1.8 billion by 2032 as a result of an increase in surgical procedures, especially minimally invasive procedures.

The ligation devices market from the accessories segment accounted for the highest revenue share of over 56% in 2022 fueled by the rising prevalence of age-related diseases and a wide range of equipment choices.

The gastrointestinal & abdominal surgery segment is anticipated to reach more than USD 689 million by 2032 owing to the growing number of these surgeries and the effectiveness of ligation in the procedure.

The U.S. ligation devices market share is slated to reach more than USD 655 million by 2032 attributed to a rapidly aging population, rising preference for minimally invasive surgeries, and the increasing prevalence of abdominal ailments in the region.