Endoscopic Closure Systems Market Overview, Merger and Acquisitions, Drivers, Restraints and Industry Forecast By 2032
The latest research report by Emergen Research, named ‘Global Endoscopic Closure Systems Market - Forecast to 2032’, entails a comprehensive review of the global Endoscopic Closure Systems Market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Endoscopic Closure Systems Market industry, particularly the current COVID-19 scenario.
The global endoscopic closure systems market size was USD 632.0 Million in 2021 and is expected to register a revenue CAGR of 6.9% during the forecast period, according to latest analysis by Emergen Research. Surging requirements for endoscopy to diagnose and treat target diseases is projected to drive revenue growth of the endoscopic closure systems market between 2022 to 2030. Endoscopy operations are minimally invasive surgical procedures that involve use of small tubes, miniature cameras, and surgical tools through one or more small incisions. Main benefits of endoscopic procedures include less pain, shorter or no hospital stay, or fewer difficulties with pre- and post-surgery treatment, due to which, these operations are more affordable, successful, and safer than conventional open surgeries. In addition, health insurance companies in wealthy nations including the U.S., Canada, the UK, Germany, Australia, and a few Middle Eastern nations including the UAE cover these operations. Moreover, these factors lead to a high preference for endoscopy procedures among patients and physicians. Every year, nearly 11.0 million colonoscopies, 6.1 million upper endoscopies, 313,000 flexible sigmoidoscopies, 178,400 upper endoscopic ultrasound examinations, and 169,500 endoscopic retrograde cholangiopancreatography procedures are performed in the U.S. (Source: Gastroenterology 2019).
Key players in the market Coopersurgical, Inc., Steris, Ltd., , Apollo Endosurgery, Ltd., Boston Scientific Corporation, Ovesco Endoscopy AG, Abbott Laboratories Ltd., Medtronic, Olympus Corporation, Teleflex Incorporated, and B. Braun Melsungen AG
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Competitive Terrain:
The Global Endoscopic Closure Systems Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length.
Market Overview:
The report bifurcates the Endoscopic Closure Systems market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
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Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current Endoscopic Closure Systems Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation.
Segments Covered in this report are:
Product Outlook (Revenue, USD Million; 2019–2030)
- Endoscopic Clips/Endoclips (Over-the-scope Clips)
- Overstitch Endoscopic Suturing System
- Endoscopic Vacuum Assisted Closure Systems
- Other Products
Distribution Channel Outlook (Revenue, USD Million; 2019–2030)
- Direct
- Indirect
End-use Outlook (Revenue, USD Million; 2019–2030)
- Hospitals
- Clinics
- Ambulatory Surgery Centers
Regional Analysis of the Endoscopic Closure Systems Market :
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Questions Answered in the Report:
- What is the growth rate of the Endoscopic Closure Systems Market ? What is the anticipated market valuation of Endoscopic Closure Systems Market industry by 2032?
- What are the key growth driving and restraining factors of the Endoscopic Closure Systems Market ?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Endoscopic Closure Systems Market industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
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TOC of the global Endoscopic Closure Systems Market report:
Chapter 1, describes the Endoscopic Closure Systems Market Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.
Chapter 2, analyzes the key manufacturers of Endoscopic Closure Systems Market , along with the sales, revenue, and price of Endoscopic Closure Systems Market , in the forecast period.
Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.
Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of Endoscopic Closure Systems Market, for each region, from 2020 to 2032.
Chapters 5, 6, 7, 8 and 9, analyze the Endoscopic Closure Systems Market by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued
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