The Asia Pacific Endoluminal Suturing Devices Market would witness market growth of 13.0% CAGR during the forecast period (2022-2028).
Morbid obesity can only be treated with surgery, which consists of restriction operations (sleeve gastrectomy) and malabsorptive surgeries (bypass surgery). The good medical practice guidelines recommend bariatric surgery for individuals with body mass indexes (BMIs) over 40kg/m2 without co-morbidities or between 35 and 40kg/m2 with co-morbidities.
For obese patients with a BMI between 30 and 35 kg/m2 with or without comorbidities (Class I) or between 35 and 40 kg/m2 without comorbidity, bariatric surgery is currently not an option (Class II without comorbidity). Currently, the only option for interventional treatment for patients with obesity of class I or class II without co-morbidity is nutritional therapy.
A cutting-edge surgical technique for lowering stomach capacity is vertical gastric plication (without cutting the gastric wall). Because operations are becoming less and less invasive, a transoral or endoluminal approach (i.e., a surgery that doesn't require an incision because access is allowed through the mouth) may provide some extra advantages to the patient. Clinicians can now start investigating flexible endoscopy-based bariatric surgeries because of advancements in endoluminal technology.
Due to the region's expanding healthcare infrastructure and a sizable population that is susceptible to several chronic diseases, Asia Pacific is predicted to experience the quickest growth in the endoluminal suturing device market. The rise of gastrointestinal disease across the region is being attributed to reasons such as growing urbanization, shifting environmental conditions, and changing lifestyles. Additionally, because of the rise in chronic and infectious diseases, minimally invasive operations are in great demand in emerging countries like China and India.
The China market dominated the Asia Pacific Endoluminal Suturing Devices Market by Country in 2021; thereby, achieving a market value of $10.8 million by 2028. The Japan market is estimated to witness a CAGR of 12.3% during (2022 - 2028). Additionally, The India market would exhibit a CAGR of 13.7% during (2022 - 2028).
Based on Application, the market is segmented into Gastrointestinal Surgery, Bariatric Surgery, Gastroesophageal Reflux Disease Surgery and Others. Based on End User, the market is segmented into Hospitals, Ambulatory Surgical Centers, Clinics and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Endoluminal Suturing Devices Market is Projected to reach USD 152.3 Million by 2028, at a CAGR of 12%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apollo Endosurgery, Inc., Johnson & Johnson, Medtronic PLC, Cook Medical, Inc. (Cook Group), USGI Medical, Ovesco Endoscopy AG, Endo Tools Therapeutics S.A., ErgoSuture, Suture Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Gastrointestinal Surgery
- Bariatric Surgery
- Gastroesophageal Reflux Disease Surgery
- Others
By End User
- Hospitals
- Ambulatory Surgical Centers
- Clinics
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Apollo Endosurgery, Inc.
- Johnson & Johnson
- Medtronic PLC
- Cook Medical, Inc. (Cook Group)
- USGI Medical
- Ovesco Endoscopy AG
- Endo Tools Therapeutics S.A.
- ErgoSuture
- Suture Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Endoluminal Suturing Devices Market, by Application
1.4.2 Asia Pacific Endoluminal Suturing Devices Market, by End User
1.4.3 Asia Pacific Endoluminal Suturing Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Asia Pacific Endoluminal Suturing Devices Market by Application
3.1 Asia Pacific Gastrointestinal Surgery Market by Country
3.2 Asia Pacific Bariatric Surgery Market by Country
3.3 Asia Pacific Gastroesophageal Reflux Disease Surgery Market by Country
3.4 Asia Pacific Others Market by Country
Chapter 4. Asia Pacific Endoluminal Suturing Devices Market by End User
4.1 Asia Pacific Hospitals Market by Country
4.2 Asia Pacific Ambulatory Surgical Centers Market by Country
4.3 Asia Pacific Clinics Market by Country
4.4 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Endoluminal Suturing Devices Market by Country
5.1 China Endoluminal Suturing Devices Market
5.1.1 China Endoluminal Suturing Devices Market by Application
5.1.2 China Endoluminal Suturing Devices Market by End User
5.2 Japan Endoluminal Suturing Devices Market
5.2.1 Japan Endoluminal Suturing Devices Market by Application
5.2.2 Japan Endoluminal Suturing Devices Market by End User
5.3 India Endoluminal Suturing Devices Market
5.3.1 India Endoluminal Suturing Devices Market by Application
5.3.2 India Endoluminal Suturing Devices Market by End User
5.4 South Korea Endoluminal Suturing Devices Market
5.4.1 South Korea Endoluminal Suturing Devices Market by Application
5.4.2 South Korea Endoluminal Suturing Devices Market by End User
5.5 Singapore Endoluminal Suturing Devices Market
5.5.1 Singapore Endoluminal Suturing Devices Market by Application
5.5.2 Singapore Endoluminal Suturing Devices Market by End User
5.6 Malaysia Endoluminal Suturing Devices Market
5.6.1 Malaysia Endoluminal Suturing Devices Market by Application
5.6.2 Malaysia Endoluminal Suturing Devices Market by End User
5.7 Rest of Asia Pacific Endoluminal Suturing Devices Market
5.7.1 Rest of Asia Pacific Endoluminal Suturing Devices Market by Application
5.7.2 Rest of Asia Pacific Endoluminal Suturing Devices Market by End User
Chapter 6. Company Profiles
6.1 Apollo Endosurgery, Inc.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Regional Analysis
6.1.4 Research & Development Expenses
6.2 Johnson & Johnson
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental &Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 Recent strategies and developments:
6.2.5.1 Product Launches and Product Expansions:
6.3 Medtronic PLC
6.3.1 Company overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expenses
6.3.5 SWOT Analysis
6.4 Cook Medical, Inc. (Cook Group)
6.4.1 Company Overview
6.5 USGI Medical
6.5.1 Company Overview
6.6 Ovesco Endoscopy AG
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Approvals and Trials:
6.7 Endo Tools Therapeutics S.A.
6.7.1 Company Overview
6.7.2 Recent strategies and developments:
6.7.2.1 Product Launches and Product Expansions:
6.8 ErgoSuture
6.8.1 Company Overview
6.9 Suture Ltd.
6.9.1 Company Overview
TABLE 1 Asia Pacific Endoluminal Suturing Devices Market, 2018 - 2021, USD Thousands
TABLE 2 Asia Pacific Endoluminal Suturing Devices Market, 2022 - 2028, USD Thousands
TABLE 3 Asia Pacific Endoluminal Suturing Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 4 Asia Pacific Endoluminal Suturing Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 5 Asia Pacific Gastrointestinal Surgery Market by Country, 2018 - 2021, USD Thousands
TABLE 6 Asia Pacific Gastrointestinal Surgery Market by Country, 2022 - 2028, USD Thousands
TABLE 7 Asia Pacific Bariatric Surgery Market by Country, 2018 - 2021, USD Thousands
TABLE 8 Asia Pacific Bariatric Surgery Market by Country, 2022 - 2028, USD Thousands
TABLE 9 Asia Pacific Gastroesophageal Reflux Disease Surgery Market by Country, 2018 - 2021, USD Thousands
TABLE 10 Asia Pacific Gastroesophageal Reflux Disease Surgery Market by Country, 2022 - 2028, USD Thousands
TABLE 11 Asia Pacific Others Market by Country, 2018 - 2021, USD Thousands
TABLE 12 Asia Pacific Others Market by Country, 2022 - 2028, USD Thousands
TABLE 13 Asia Pacific Endoluminal Suturing Devices Market by End User, 2018 - 2021, USD Thousands
TABLE 14 Asia Pacific Endoluminal Suturing Devices Market by End User, 2022 - 2028, USD Thousands
TABLE 15 Asia Pacific Hospitals Market by Country, 2018 - 2021, USD Thousands
TABLE 16 Asia Pacific Hospitals Market by Country, 2022 - 2028, USD Thousands
TABLE 17 Asia Pacific Ambulatory Surgical Centers Market by Country, 2018 - 2021, USD Thousands
TABLE 18 Asia Pacific Ambulatory Surgical Centers Market by Country, 2022 - 2028, USD Thousands
TABLE 19 Asia Pacific Clinics Market by Country, 2018 - 2021, USD Thousands
TABLE 20 Asia Pacific Clinics Market by Country, 2022 - 2028, USD Thousands
TABLE 21 Asia Pacific Others Market by Country, 2018 - 2021, USD Thousands
TABLE 22 Asia Pacific Others Market by Country, 2022 - 2028, USD Thousands
TABLE 23 Asia Pacific Endoluminal Suturing Devices Market by Country, 2018 - 2021, USD Thousands
TABLE 24 Asia Pacific Endoluminal Suturing Devices Market by Country, 2022 - 2028, USD Thousands
TABLE 25 China Endoluminal Suturing Devices Market, 2018 - 2021, USD Thousands
TABLE 26 China Endoluminal Suturing Devices Market, 2022 - 2028, USD Thousands
TABLE 27 China Endoluminal Suturing Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 28 China Endoluminal Suturing Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 29 China Endoluminal Suturing Devices Market by End User, 2018 - 2021, USD Thousands
TABLE 30 China Endoluminal Suturing Devices Market by End User, 2022 - 2028, USD Thousands
TABLE 31 Japan Endoluminal Suturing Devices Market, 2018 - 2021, USD Thousands
TABLE 32 Japan Endoluminal Suturing Devices Market, 2022 - 2028, USD Thousands
TABLE 33 Japan Endoluminal Suturing Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 34 Japan Endoluminal Suturing Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 35 Japan Endoluminal Suturing Devices Market by End User, 2018 - 2021, USD Thousands
TABLE 36 Japan Endoluminal Suturing Devices Market by End User, 2022 - 2028, USD Thousands
TABLE 37 India Endoluminal Suturing Devices Market, 2018 - 2021, USD Thousands
TABLE 38 India Endoluminal Suturing Devices Market, 2022 - 2028, USD Thousands
TABLE 39 India Endoluminal Suturing Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 40 India Endoluminal Suturing Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 41 India Endoluminal Suturing Devices Market by End User, 2018 - 2021, USD Thousands
TABLE 42 India Endoluminal Suturing Devices Market by End User, 2022 - 2028, USD Thousands
TABLE 43 South Korea Endoluminal Suturing Devices Market, 2018 - 2021, USD Thousands
TABLE 44 South Korea Endoluminal Suturing Devices Market, 2022 - 2028, USD Thousands
TABLE 45 South Korea Endoluminal Suturing Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 46 South Korea Endoluminal Suturing Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 47 South Korea Endoluminal Suturing Devices Market by End User, 2018 - 2021, USD Thousands
TABLE 48 South Korea Endoluminal Suturing Devices Market by End User, 2022 - 2028, USD Thousands
TABLE 49 Singapore Endoluminal Suturing Devices Market, 2018 - 2021, USD Thousands
TABLE 50 Singapore Endoluminal Suturing Devices Market, 2022 - 2028, USD Thousands
TABLE 51 Singapore Endoluminal Suturing Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 52 Singapore Endoluminal Suturing Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 53 Singapore Endoluminal Suturing Devices Market by End User, 2018 - 2021, USD Thousands
TABLE 54 Singapore Endoluminal Suturing Devices Market by End User, 2022 - 2028, USD Thousands
TABLE 55 Malaysia Endoluminal Suturing Devices Market, 2018 - 2021, USD Thousands
TABLE 56 Malaysia Endoluminal Suturing Devices Market, 2022 - 2028, USD Thousands
TABLE 57 Malaysia Endoluminal Suturing Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 58 Malaysia Endoluminal Suturing Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 59 Malaysia Endoluminal Suturing Devices Market by End User, 2018 - 2021, USD Thousands
TABLE 60 Malaysia Endoluminal Suturing Devices Market by End User, 2022 - 2028, USD Thousands
TABLE 61 Rest of Asia Pacific Endoluminal Suturing Devices Market, 2018 - 2021, USD Thousands
TABLE 62 Rest of Asia Pacific Endoluminal Suturing Devices Market, 2022 - 2028, USD Thousands
TABLE 63 Rest of Asia Pacific Endoluminal Suturing Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 64 Rest of Asia Pacific Endoluminal Suturing Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 65 Rest of Asia Pacific Endoluminal Suturing Devices Market by End User, 2018 - 2021, USD Thousands
TABLE 66 Rest of Asia Pacific Endoluminal Suturing Devices Market by End User, 2022 - 2028, USD Thousands
TABLE 67 Key Information – Apollo Endosurgery, Inc.
TABLE 68 Key information – Johnson & Johnson
TABLE 69 Key Information – Medtronic PLC
TABLE 70 key Information – Cook Medical, Inc.
TABLE 71 Key Information – USGI Medical
TABLE 72 Key information – Ovesco Endoscopy AG
TABLE 73 Key information – Endo Tools Therapeutics S.A.
TABLE 74 Key information – ErgoSuture
TABLE 75 Key Information – Surture
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Medtronic plc