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Endoluminal Suturing Devices Market Trends and Drivers:
The global endoluminal suturing devices market is primarily driven by the increasing prevalence of gastrointestinal disorders, obesity, and related conditions and the rising demand for minimally invasive surgical procedures, where endoluminal suturing devices play a critical role in facilitating precise and effective treatments. Apart from this, ongoing advancements in endoscopic and robotic surgical technologies that improve the capabilities and accessibility of endoluminal suturing procedures, expanding their use in various medical specialties, has catalyzed market growth. Besides this, the aging population and the escalating need for less invasive treatment options have fueled market growth as older individuals are more likely to require endoluminal suturing for conditions like gastroesophageal reflux disease (GERD) and obesity. Additionally, the development of novel endoluminal suturing techniques and materials and the increasing surgeon training and expertise that enhance the overall success and adoption of these devices are propelling the market growth. Furthermore, the heightened demand for minimally invasive procedures, including endoluminal suturing amid the coronavirus (COVID-19) pandemic, as patients and healthcare providers prioritize safety and shorter recovery times, is contributing to market growth.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Application:
- Bariatric Surgery
- Gastrointestinal Surgery
- Gastroesophageal Surgery
- Others
- Hospitals
- Ambulatory Surgical Centers
- Others
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
- Apollo Endosurgery Inc.
- ErgoSuture
- Ovesco Endoscopy AG
- Usgi Medical Inc.
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