Global Endoscopic Closure Devices Market 2024-2028

Global Endoscopic Closure Devices Market 2024-2028

The endoscopic closure devices market is forecasted to grow by USD 702.36 mn during 2023-2028, accelerating at a CAGR of 7.39% during the forecast period. The report on the endoscopic closure devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing incidence of gastrointestinal diseases, increasing volume of endoscopy procedures coupled with growing target population, and growing demand for MI procedures.

Technavio's endoscopic closure devices market is segmented as below:

By Product

• Endoscopic closure systems
• Endoscopic clips
• Others

By End-user

• Hospitals
• Ambulatory surgery centers
• Others

By Geographical Landscape

• North America
• Europe
• Asia
• Rest of World (ROW)

This study identifies the technological advances in endoscopic devices as one of the prime reasons driving the endoscopic closure devices market growth during the next few years. Also, paradigm shift toward adoption of robotics in endoscopic surgeries and rise in integration of imaging technologies in endoscopic closure devices will lead to sizable demand in the market.

The report on the endoscopic closure devices market covers the following areas:

• Endoscopic closure devices market sizing
• Endoscopic closure devices market forecast
• Endoscopic closure devices market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading endoscopic closure devices market vendors that include Abbott Laboratories, Ackermann Instrumente GmbH, AHM Grup, Ambu AS, B.Braun SE, Boston Scientific Corp., Cardinal Health Inc., Carmonja GmbH, Changzhou Jiuhong Medical Instrument Co., Cook Group Inc., Endocor GmbH and Co. KG, Haemonetics Corp., Johnson and Johnson, Medtronic Plc, Micro Tech Nanjing Co. Ltd., Olympus Corp., Ovesco Endoscopy AG, STERIS plc, Teleflex Inc., The Cooper Companies Inc., and Era Endoscopy Srl. Also, the endoscopic closure devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.