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Endoscopic Closure System Trends and Forecast
The future of the global endoscopic closure system market looks promising with opportunities in the hospital and ambulatory surgical center markets. The global endoscopic closure system market is expected to reach an estimated $559.4 million by 2030 with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increasing prevalence of gastrointestinal (GI) disorders, greater requirement for endoscopy in order to diagnose and treat specific disorders, growing demand for minimally invasive procedures, and advancements in endoscopic technology.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Endoscopic Closure System by Segment
The study includes a forecast for the global endoscopic closure system by product type, end use, and region.
Endoscopic Closure System Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Endoscopic Clips/Endoclips (Over-The-Scope Clips)
• Overstitch Endoscopic Suturing System
• Cardiac Septal Defect Occluders
• Endoscopic Vacuum-Assisted Closure System
• Others
Endoscopic Closure System Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Ambulatory Surgical Centers
Endoscopic Closure System Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Endoscopic Closure System Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies endoscopic closure system companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the endoscopic closure system companies profiled in this report include-
• CooperSurgical
• US Endoscopy
• Life Partners
• Ovesco Endoscopy
• Apollo Endosurgery
Endoscopic Closure System Market Insights
Lucintel forecasts that endoscopic vacuum-assisted closure systems will remain the largest segment over the forecast period because of their capacity to efficiently oversee and handle a range of gastrointestinal (GI) disorders and issues.
North America will remain the largest region over the forecast period due to increasing rates of cancer and GI tract illnesses, the existence of numerous endoscopic clip manufacturers in the area, and investments in technologically advanced research and treatment platforms in the region.
Features of the Global Endoscopic Closure System Market
Market Size Estimates: Endoscopic closure system market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Endoscopic closure system market size by product type, end use, and region in terms of value ($M).
Regional Analysis: Endoscopic closure system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product type, end use, and regions for the endoscopic closure system market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the endoscopic closure system market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the endoscopic closure system market size?
Answer: The global endoscopic closure system market is expected to reach an estimated $559.4 million by 2030.
Q2. What is the growth forecast for endoscopic closure system market?
Answer: The global endoscopic closure system market is expected to grow with a CAGR of 6.5% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the endoscopic closure system market?
Answer: The major drivers for this market are increasing prevalence of gastrointestinal (GI) disorders, greater requirement for endoscopy in order to diagnose and treat specific disorders, growing demand for minimally invasive procedures, and advancements in endoscopic technology.
Q4. What are the major segments for endoscopic closure system market?
Answer: The future of the global endoscopic closure system market looks promising with opportunities in the hospital and ambulatory surgical center markets.
Q5. Who are the key endoscopic closure system market companies?
Answer: Some of the key endoscopic closure system companies are as follows:
• CooperSurgical
• US Endoscopy
• Life Partners
• Ovesco Endoscopy
• Apollo Endosurgery
Q6. Which endoscopic closure system market segment will be the largest in future?
Answer: Lucintel forecasts that endoscopic vacuum-assisted closure systems will remain the largest segment over the forecast period because of their capacity to efficiently oversee and handle a range of gastrointestinal (GI) disorders and issues.
Q7. In endoscopic closure system market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to increasing rates of cancer and GI tract illnesses, the existence of numerous endoscopic clip manufacturers in the area, and investments in technologically advanced research and treatment platforms in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the endoscopic closure system market by product type (endoscopic clips/endoclips (over-the-scope clips), overstitch endoscopic suturing system, cardiac septal defect occluders, endoscopic vacuum-assisted closure system, and others), end use (hospitals and ambulatory surgical centers), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Endoscopic Closure System Market, Endoscopic Closure System Market Size, Endoscopic Closure System Market Growth, Endoscopic Closure System Market Analysis, Endoscopic Closure System Market Report, Endoscopic Closure System Market Share, Endoscopic Closure System Market Trends, Endoscopic Closure System Market Forecast, Endoscopic Closure System Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Endoscopic Closure System Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Endoscopic Closure System Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Endoscopic Closure System Market by Product Type
3.3.1: Endoscopic Clips/Endoclips (Over-The-Scope Clips)
3.3.2: Overstitch Endoscopic Suturing System
3.3.3: Cardiac Septal Defect Occluders
3.3.4: Endoscopic Vacuum-Assisted Closure System
3.3.5: Others
3.4: Global Endoscopic Closure System Market by End Use
3.4.1: Hospitals
3.4.2: Ambulatory Surgical Centers
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Endoscopic Closure System Market by Region
4.2: North American Endoscopic Closure System Market
4.2.2: North American Endoscopic Closure System Market by End Use: Hospitals and Ambulatory Surgical Centers
4.3: European Endoscopic Closure System Market
4.3.1: European Endoscopic Closure System Market by Product Type: Endoscopic Clips/Endoclips (Over-The-Scope Clips), Overstitch Endoscopic Suturing System, Cardiac Septal Defect Occluders, Endoscopic Vacuum-Assisted Closure System, and Others
4.3.2: European Endoscopic Closure System Market by End Use: Hospitals and Ambulatory Surgical Centers
4.4: APAC Endoscopic Closure System Market
4.4.1: APAC Endoscopic Closure System Market by Product Type: Endoscopic Clips/Endoclips (Over-The-Scope Clips), Overstitch Endoscopic Suturing System, Cardiac Septal Defect Occluders, Endoscopic Vacuum-Assisted Closure System, and Others
4.4.2: APAC Endoscopic Closure System Market by End Use: Hospitals and Ambulatory Surgical Centers
4.5: ROW Endoscopic Closure System Market
4.5.1: ROW Endoscopic Closure System Market by Product Type: Endoscopic Clips/Endoclips (Over-The-Scope Clips), Overstitch Endoscopic Suturing System, Cardiac Septal Defect Occluders, Endoscopic Vacuum-Assisted Closure System, and Others
4.5.2: ROW Endoscopic Closure System Market by End Use: Hospitals and Ambulatory Surgical Centers
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Endoscopic Closure System Market by Product Type
6.1.2: Growth Opportunities for the Global Endoscopic Closure System Market by End Use
6.1.3: Growth Opportunities for the Global Endoscopic Closure System Market by Region
6.2: Emerging Trends in the Global Endoscopic Closure System Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Endoscopic Closure System Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Endoscopic Closure System Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: CooperSurgical
7.2: US Endoscopy
7.3: Life Partners
7.4: Ovesco Endoscopy
7.5: Apollo Endosurgery
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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