The North America Endoluminal Suturing Devices Market would witness market growth of 11.4% CAGR during the forecast period (2022-2028).
Endoluminal suturing devices provide a higher rate of recovery and meet consumer demand for noninvasive medical procedures, which improves patient experience and results in quicker recovery times, fewer hospital visits, and shorter hospital stays. The acceptability of endoluminal suturing devices has also been aided by the use of sophisticated tools. The primary drivers propelling the growth of the endoluminal suturing devices market are the increasing prevalence of obesity and chronic diseases that create patient pools, as well as the rising demand for less invasive operations.
Obesity has become a pandemic, a serious health risk, and the second-most preventable cause of death in the United States. Endoluminal surgery meets the need of patients for minimally invasive procedures that are carried out in a hollow organ employing suturing and stapling surgical techniques.
Endoluminal surgeries are becoming more popular as people become more aware of the advantages of minimally invasive techniques and the drop in post-operative problems. These elements might help to explain why the market for endoluminal suturing devices is expanding. Increase in the number of suturing procedures, the aging population, and technological advancements in the production of suturing devices.
Since non-emergency treatments have been severely curtailed or postponed due to coronavirus disease 2019 (COVID-19) for almost two months now, doctors and health care authorities are concerned about Canada's rising backlog of urgent surgery. The World Health Organization estimates that between 20 and 50 million people experienced treatable injuries in February 2020, including bone fractures, and underwent successful ankle arthroplasty and other bone procedures.
The US market dominated the North America Endoluminal Suturing Devices Market by Country in 2021; thereby, achieving a market value of $42.9 million by 2028. The Canada market is estimated to grow at a CAGR of 13.9% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 12.9% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Endoluminal Suturing Devices Market is Predict to reach $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
- US
- Canada
- Mexico
- Rest of North America
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 North America Endoluminal Suturing Devices Market, by Application
1.4.2 North America Endoluminal Suturing Devices Market, by End User
1.4.3 North America 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. North America Endoluminal Suturing Devices Market by Application
3.1 North America Gastrointestinal Surgery Market by Country
3.2 North America Bariatric Surgery Market by Country
3.3 North America Gastroesophageal Reflux Disease Surgery Market by Country
3.4 North America Others Market by Country
Chapter 4. North America Endoluminal Suturing Devices Market by End User
4.1 North America Hospitals Market by Country
4.2 North America Ambulatory Surgical Centers Market by Country
4.3 North America Clinics Market by Country
4.4 North America Others Market by Country
Chapter 5. North America Endoluminal Suturing Devices Market by Country
5.1 US Endoluminal Suturing Devices Market
5.1.1 US Endoluminal Suturing Devices Market by Application
5.1.2 US Endoluminal Suturing Devices Market by End User
5.2 Canada Endoluminal Suturing Devices Market
5.2.1 Canada Endoluminal Suturing Devices Market by Application
5.2.2 Canada Endoluminal Suturing Devices Market by End User
5.3 Mexico Endoluminal Suturing Devices Market
5.3.1 Mexico Endoluminal Suturing Devices Market by Application
5.3.2 Mexico Endoluminal Suturing Devices Market by End User
5.4 Rest of North America Endoluminal Suturing Devices Market
5.4.1 Rest of North America Endoluminal Suturing Devices Market by Application
5.4.2 Rest of North America 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 North America Endoluminal Suturing Devices Market, 2018 - 2021, USD Thousands
TABLE 2 North America Endoluminal Suturing Devices Market, 2022 - 2028, USD Thousands
TABLE 3 North America Endoluminal Suturing Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 4 North America Endoluminal Suturing Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 5 North America Gastrointestinal Surgery Market by Country, 2018 - 2021, USD Thousands
TABLE 6 North America Gastrointestinal Surgery Market by Country, 2022 - 2028, USD Thousands
TABLE 7 North America Bariatric Surgery Market by Country, 2018 - 2021, USD Thousands
TABLE 8 North America Bariatric Surgery Market by Country, 2022 - 2028, USD Thousands
TABLE 9 North America Gastroesophageal Reflux Disease Surgery Market by Country, 2018 - 2021, USD Thousands
TABLE 10 North America Gastroesophageal Reflux Disease Surgery Market by Country, 2022 - 2028, USD Thousands
TABLE 11 North America Others Market by Country, 2018 - 2021, USD Thousands
TABLE 12 North America Others Market by Country, 2022 - 2028, USD Thousands
TABLE 13 North America Endoluminal Suturing Devices Market by End User, 2018 - 2021, USD Thousands
TABLE 14 North America Endoluminal Suturing Devices Market by End User, 2022 - 2028, USD Thousands
TABLE 15 North America Hospitals Market by Country, 2018 - 2021, USD Thousands
TABLE 16 North America Hospitals Market by Country, 2022 - 2028, USD Thousands
TABLE 17 North America Ambulatory Surgical Centers Market by Country, 2018 - 2021, USD Thousands
TABLE 18 North America Ambulatory Surgical Centers Market by Country, 2022 - 2028, USD Thousands
TABLE 19 North America Clinics Market by Country, 2018 - 2021, USD Thousands
TABLE 20 North America Clinics Market by Country, 2022 - 2028, USD Thousands
TABLE 21 North America Others Market by Country, 2018 - 2021, USD Thousands
TABLE 22 North America Others Market by Country, 2022 - 2028, USD Thousands
TABLE 23 North America Endoluminal Suturing Devices Market by Country, 2018 - 2021, USD Thousands
TABLE 24 North America Endoluminal Suturing Devices Market by Country, 2022 - 2028, USD Thousands
TABLE 25 US Endoluminal Suturing Devices Market, 2018 - 2021, USD Thousands
TABLE 26 US Endoluminal Suturing Devices Market, 2022 - 2028, USD Thousands
TABLE 27 US Endoluminal Suturing Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 28 US Endoluminal Suturing Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 29 US Endoluminal Suturing Devices Market by End User, 2018 - 2021, USD Thousands
TABLE 30 US Endoluminal Suturing Devices Market by End User, 2022 - 2028, USD Thousands
TABLE 31 Canada Endoluminal Suturing Devices Market, 2018 - 2021, USD Thousands
TABLE 32 Canada Endoluminal Suturing Devices Market, 2022 - 2028, USD Thousands
TABLE 33 Canada Endoluminal Suturing Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 34 Canada Endoluminal Suturing Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 35 Canada Endoluminal Suturing Devices Market by End User, 2018 - 2021, USD Thousands
TABLE 36 Canada Endoluminal Suturing Devices Market by End User, 2022 - 2028, USD Thousands
TABLE 37 Mexico Endoluminal Suturing Devices Market, 2018 - 2021, USD Thousands
TABLE 38 Mexico Endoluminal Suturing Devices Market, 2022 - 2028, USD Thousands
TABLE 39 Mexico Endoluminal Suturing Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 40 Mexico Endoluminal Suturing Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 41 Mexico Endoluminal Suturing Devices Market by End User, 2018 - 2021, USD Thousands
TABLE 42 Mexico Endoluminal Suturing Devices Market by End User, 2022 - 2028, USD Thousands
TABLE 43 Rest of North America Endoluminal Suturing Devices Market, 2018 - 2021, USD Thousands
TABLE 44 Rest of North America Endoluminal Suturing Devices Market, 2022 - 2028, USD Thousands
TABLE 45 Rest of North America Endoluminal Suturing Devices Market by Application, 2018 - 2021, USD Thousands
TABLE 46 Rest of North America Endoluminal Suturing Devices Market by Application, 2022 - 2028, USD Thousands
TABLE 47 Rest of North America Endoluminal Suturing Devices Market by End User, 2018 - 2021, USD Thousands
TABLE 48 Rest of North America Endoluminal Suturing Devices Market by End User, 2022 - 2028, USD Thousands
TABLE 49 Key Information – Apollo Endosurgery, Inc.
TABLE 50 Key information – Johnson & Johnson
TABLE 51 Key Information – Medtronic PLC
TABLE 52 key Information – Cook Medical, Inc.
TABLE 53 Key Information – USGI Medical
TABLE 54 Key information – Ovesco Endoscopy AG
TABLE 55 Key information – Endo Tools Therapeutics S.A.
TABLE 56 Key information – ErgoSuture
TABLE 57 Key Information – Surture
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Medtronic plc