Ligation Devices Market Size, Share, Opportunities, And Trends By Product (Appliers, Accessories), By Application (Gastrointestinal And Abdominal Surgery, Gynecological Surgery, Cardiothoracic Surgery, Urological Surgery, Other), By End-Use (Hospitals, Ambulatory Surgical Centers), And By Geography - Forecasts From 2023 To 2028

The ligation devices market is estimated to grow at a CAGR of 5.92% during the forecast period.

During surgery or other medical procedures, a blood vessel or duct is tied with a ligation device to halt bleeding. Ligation devices are designed to provide patients with the greatest possible surgical experiences. These gadgets could be employed, depending on the technique. Numerous medical specialities, such as gynaecology, urology, cardiology, and abdominal surgery, employ ligature devices. Ligature attachments may be necessary during laparoscopic and open surgical procedures.

Ligation devices market growth drivers

The ligation devices market share is predicted to be fueled by an increase in surgical and minimally invasive treatments. The ligation devices market is also fueled by the rise in gynaecological, urological, cardiac, and gastrointestinal surgical procedures that call for ligation devices for both diagnostic and therapy. The market for devices is also being driven by a considerable increase in the frequency of disorders linked to aging and a growth in the need for endoscopic operations requiring ligation devices.

Increasing use of handheld devices

The forecast period is expected to see the highest revenue growth in the handheld instruments market due to the enormous rise in cancer cases and the need to control pregnancy rates, both of which necessitate the use of handheld ligation instruments and would drive the ligation devices market growth. In both industrialized and developing nations, the number of surgical operations requiring the use of portable tools is increasing. During the projected period, a significant increase in cancer cases and the need to reduce conception rates, which calls for ligation portable tools, would drive the ligation devices market growth.

Gastrointestinal and abdominal surgery are upsurging the market

The market for gastrointestinal and abdominal surgery is anticipated to account for the maximum ligation devices market share and is predicted to continue to do so throughout the projected period. The ligation devices market growth is largely explained by the increasing incidence of age-related disorders and the rising need for ligation devices in gastrointestinal therapeutic and diagnostic procedures. In open surgery, ligation devices can also be utilized to bypass clogged arteries or repair a failing heart valve.

MIS procedures are anticipated to account for the maximum market share

MIS treatments are anticipated to hold the biggest ligation devices market share as a result of advantages such as a rapid recovery period and lower post-operative costs. Additionally, MIS operations are linked to decreased risk of readmission, surgical site infection, discomfort, and death as well as shorter hospital stays. Other advantages, such as the need for a tiny incision and less blood loss during the treatment, are also propelling the ligation devices market expansion. The market for ligation services was significantly dominated by the open surgery segment, and this growth is anticipated to continue throughout the projected period. The significant growth rate is mainly related to the rise in open-heart procedures and the frequency of cardiac disease.

High product adoption for gynecological surgery applications

The ligation devices market is predicted to rise strongly due to the rising incidence of gynaecological illnesses and ailments such as ovarian cysts, endometriosis, and uterine fibroids, which have raised the demand for surgical procedures. Additionally, the ligation devices market is seeing increased adoption due to ongoing advancements in ligation device technology, such as the creation of specialized instruments for gynecological surgeries that are made to meet the needs of gynecological procedures and offer improved precision, simplicity of use, and reliable closure.

The Asia Pacific ligation devices market is anticipated to grow significantly.

The significant growth rate in Asia Pacific region is largely related to the rise in gastrointestinal illnesses, which may be addressed with ligation devices and other minimally invasive methods. Several endoscopic procedures require these devices. Numerous Asian businesses are concentrating on the creation of specialized GI goods and are aiming their efforts toward developing nations. For instance, the Japanese endoscopic device maker Olympus opened a new facility in Vietnam as well as many training facilities in China and India.

Growth strategies by ligation market players

Businesses in the marketplace are increasingly concentrating on helping medical practitioners get a solid grasp of the market during operations and minimally invasive ligation device installation. Businesses in the ligation devices market are polishing their technical and technological expertise to improve medical results. For their industry-leading exponential growth, full-service contract manufacturers of precision medical devices rely on innovations. They continue to make investments in equipment, staff training, and programs that improve patient quality of life.

Market Key Developments

• In December 2022, Clinisupplies, a company established in the UK that makes ligation clips and other medical supplies, was sold to KKR under the terms of a contract signed with Healthium Medtech.
• In October 2022, Standard Bariatrics' purchase by Teleflex was publicly publicized. With a distinctive product that compliments several of its important surgical products, such as the ligation portfolio, Teleflex was able to make use of Standard Bariatrics' strengths in its existing bariatric surgeon call point as a result of the purchase.
• In February 2022, A producer of invasive medical equipment with a focus on gynecology, Cook Medical's Reproductive Health division has been acquired by Cooper Companies. These new gadgets are a wonderful fit for the procedures and helped Cooper Surgical expand its global fertility reach.

Ligation Devices Market Scope:

Segmentation:

• By Product
  • Appliers
  • Accessories
• By Application
  • Gastrointestinal and Abdominal Surgery
  • Gynecological Surgery
  • Cardiothoracic Surgery
  • Urological Surgery
  • Other
• By End-Use
  • Hospitals
  • Ambulatory Surgical Centers
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Indonesia
    • Thailand
    • Others