Endoluminal Suturing Devices Market Size, Share, Trends, Growth Outlook

Endoluminal Suturing Devices Market is estimated to increase at a Compounded Annual Growth Rate of 12.1% CAGR over the forecast period from 2024 to 2030

The Endoluminal Suturing Devices Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments- By Application (Bariatric Surgery, Gastrointestinal Surgery, Gastroesophageal Reflux Disease Surgery, Others), By End-User (Hospitals, Clinics, Ambulatory Surgical Centers, Others).

An Introduction to Endoluminal Suturing Devices Market in 2024

Endoluminal suturing devices are advanced medical instruments used to perform suturing or tissue approximation within the gastrointestinal tract during minimally invasive endoscopic procedures. In 2024, endoluminal suturing devices represent a significant advancement in gastrointestinal endoscopy, enabling the closure of mucosal or full-thickness defects, such as perforations, fistulas, or anastomotic leaks, without the need for open surgery. These devices typically consist of a flexible endoscope with an integrated suturing mechanism, allowing physicians to manipulate sutures and secure tissue in a controlled manner under direct endoscopic visualization. Endoluminal suturing devices offer advantages such as reduced procedural time, shorter hospital stays, and lower rates of postoperative complications compared to traditional surgical approaches. Moreover, with the development of novel suturing techniques, knotless closures, and advanced closure materials, endoluminal suturing devices enable secure and durable tissue apposition, supporting successful outcomes in a wide range of gastrointestinal interventions. By providing minimally invasive solutions for complex gastrointestinal conditions, endoluminal suturing devices offer patients less invasive treatment options, faster recovery times, and improved quality of life, ultimately transforming the landscape of gastrointestinal surgery.

Market Trend: Increasing Preference for Minimally Invasive Procedures

A significant trend in the endoluminal suturing devices market is the growing preference for minimally invasive procedures. As patients and healthcare providers alike seek alternatives to traditional open surgeries, there is a rising demand for endoluminal suturing devices that enable less invasive approaches to various medical interventions, such as gastrointestinal, urological, and gynecological procedures. These devices allow surgeons to perform suturing and tissue approximation within the body's luminal structures, such as the gastrointestinal tract or the urinary system, without the need for large incisions or extensive tissue dissection. This trend is driven by the desire to minimize patient trauma, reduce postoperative complications, and expedite recovery times, leading to increased adoption of endoluminal suturing devices in clinical practice and driving market growth.

Market Driver: Advancements in Surgical Techniques and Technologies

A key driver fueling the endoluminal suturing devices market is the continuous advancements in surgical techniques and technologies. With ongoing research and innovation, surgeons are increasingly exploring new approaches to minimally invasive procedures, including endoscopic and robotic-assisted techniques, which require specialized tools and instruments for intracorporeal suturing and tissue manipulation. Endoluminal suturing devices play a critical role in these advanced surgical procedures by enabling precise and efficient suturing within the body's luminal structures, thereby expanding the scope of minimally invasive interventions and enhancing surgical outcomes. The drive towards innovation in surgical techniques and technologies is thus propelling the demand for endoluminal suturing devices, stimulating market growth and driving the development of next-generation devices with improved functionality and performance.

Market Opportunity: Expansion into Emerging Applications and Markets

A potential opportunity in the endoluminal suturing devices market lies in the expansion into emerging applications and markets. While endoluminal suturing devices are commonly used in gastrointestinal and urological procedures, there is growing interest in exploring their utility in new clinical applications, such as bariatric surgery, NOTES (natural orifice transluminal endoscopic surgery), and endoscopic submucosal dissection (ESD). Additionally, expanding into emerging markets with increasing healthcare infrastructure and a rising demand for minimally invasive surgical solutions presents opportunities for market expansion and penetration. By leveraging clinical evidence, regulatory approvals, and strategic partnerships, manufacturers of endoluminal suturing devices can capitalize on these opportunities to address unmet medical needs, broaden their product portfolios, and drive sustained growth in the competitive healthcare landscape.

Endoluminal Suturing Devices Market Share Analysis: Bariatric Surgery is the fastest growing segment over the forecast period to 2030

Among the segments of the endoluminal suturing devices market, the application in bariatric surgery emerges as the fastest-growing segment, propelled by several key factors influencing its adoption and demand. Bariatric surgery, aimed at treating obesity and related comorbidities, has witnessed a significant surge in demand globally due to the rising prevalence of obesity and associated health concerns. Endoluminal suturing devices play a pivotal role in bariatric procedures by facilitating minimally invasive approaches for gastric reduction and gastrointestinal tract modifications. These devices enable surgeons to perform suturing and tissue approximation within the gastrointestinal tract endoscopically, offering patients the benefits of reduced postoperative pain, shorter hospital stays, and faster recovery times compared to traditional open surgeries. With increasing awareness about the effectiveness of bariatric surgery in managing obesity and its associated complications, there is a growing adoption of endoluminal suturing devices in hospitals, clinics, and ambulatory surgical centers, driving significant growth in the endoluminal suturing devices market.

Endoluminal Suturing Devices Competitive Analysis

The market research study provides in-depth insights into leading companies including the SWOT analyses, product profile, financial details, and recent developments acrossApollo Endosurgery Inc, Cook Group Inc, Endo Tools Therapeutics S.A., ErgoSuture Inc, Johnson & Johnson, Medtronic plc, Ovesco Endoscopy AG, Sutrue Ltd, USGI Medical Inc

Endoluminal Suturing Devices Market Segmentation

By Application
Bariatric Surgery
Gastrointestinal Surgery
Gastroesophageal Reflux Disease Surgery
Others
By End-User
Hospitals
Clinics
Ambulatory Surgical Centers
Others
Geographical Analysis
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Endoluminal Suturing Devices Market Companies

Apollo Endosurgery Inc
Cook Group Inc
Endo Tools Therapeutics S.A.
ErgoSuture Inc
Johnson & Johnson
Medtronic plc
Ovesco Endoscopy AG
Sutrue Ltd
USGI Medical Inc

Reasons to Buy the Endoluminal Suturing Devices Market Study

• Deepen your industry insights and navigate uncertainties for strategy formulation, CAPEX, and Operational decisions
• Gain access to detailed insights on the Endoluminal Suturing Devices Market, encompassing current market size, growth trends, and forecasts till 2030.
• Access detailed competitor analysis, enabling competitive advantage through a thorough understanding of market players, strategies, and potential differentiation opportunities
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• Benefit from tailored solutions and expert consultation based on report insights, providing personalized strategies aligned with specific business needs.

TABLE OF CONTENTS

1 Introduction to 2024 Endoluminal Suturing Devices Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Endoluminal Suturing Devices Market Size Outlook, $ Million, 2021 to 2030
3.2 Endoluminal Suturing Devices Market Outlook by Type, $ Million, 2021 to 2030
3.3 Endoluminal Suturing Devices Market Outlook by Product, $ Million, 2021 to 2030
3.4 Endoluminal Suturing Devices Market Outlook by Application, $ Million, 2021 to 2030
3.5 Endoluminal Suturing Devices Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Endoluminal Suturing Devices Industry
4.2 Key Market Trends in Endoluminal Suturing Devices Industry
4.3 Potential Opportunities in Endoluminal Suturing Devices Industry
4.4 Key Challenges in Endoluminal Suturing Devices Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Endoluminal Suturing Devices Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Endoluminal Suturing Devices Market Outlook by Segments
7.1 Endoluminal Suturing Devices Market Outlook by Segments, $ Million, 2021- 2030
By Application
Bariatric Surgery
Gastrointestinal Surgery
Gastroesophageal Reflux Disease Surgery
Others
By End-User
Hospitals
Clinics
Ambulatory Surgical Centers
Others

8 North America Endoluminal Suturing Devices Market Analysis and Outlook To 2030
8.1 Introduction to North America Endoluminal Suturing Devices Markets in 2024
8.2 North America Endoluminal Suturing Devices Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Endoluminal Suturing Devices Market size Outlook by Segments, 2021-2030
By Application
Bariatric Surgery
Gastrointestinal Surgery
Gastroesophageal Reflux Disease Surgery
Others
By End-User
Hospitals
Clinics
Ambulatory Surgical Centers
Others

9 Europe Endoluminal Suturing Devices Market Analysis and Outlook To 2030
9.1 Introduction to Europe Endoluminal Suturing Devices Markets in 2024
9.2 Europe Endoluminal Suturing Devices Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Endoluminal Suturing Devices Market Size Outlook by Segments, 2021-2030
By Application
Bariatric Surgery
Gastrointestinal Surgery
Gastroesophageal Reflux Disease Surgery
Others
By End-User
Hospitals
Clinics
Ambulatory Surgical Centers
Others

10 Asia Pacific Endoluminal Suturing Devices Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Endoluminal Suturing Devices Markets in 2024
10.2 Asia Pacific Endoluminal Suturing Devices Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Endoluminal Suturing Devices Market size Outlook by Segments, 2021-2030
By Application
Bariatric Surgery
Gastrointestinal Surgery
Gastroesophageal Reflux Disease Surgery
Others
By End-User
Hospitals
Clinics
Ambulatory Surgical Centers
Others

11 South America Endoluminal Suturing Devices Market Analysis and Outlook To 2030
11.1 Introduction to South America Endoluminal Suturing Devices Markets in 2024
11.2 South America Endoluminal Suturing Devices Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Endoluminal Suturing Devices Market size Outlook by Segments, 2021-2030
By Application
Bariatric Surgery
Gastrointestinal Surgery
Gastroesophageal Reflux Disease Surgery
Others
By End-User
Hospitals
Clinics
Ambulatory Surgical Centers
Others
12 Middle East and Africa Endoluminal Suturing Devices Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Endoluminal Suturing Devices Markets in 2024
12.2 Middle East and Africa Endoluminal Suturing Devices Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Endoluminal Suturing Devices Market size Outlook by Segments, 2021-2030
By Application
Bariatric Surgery
Gastrointestinal Surgery
Gastroesophageal Reflux Disease Surgery
Others
By End-User
Hospitals
Clinics
Ambulatory Surgical Centers
Others

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
Apollo Endosurgery Inc
Cook Group Inc
Endo Tools Therapeutics S.A.
ErgoSuture Inc
Johnson & Johnson
Medtronic plc
Ovesco Endoscopy AG
Sutrue Ltd
USGI Medical Inc

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Application
Bariatric Surgery
Gastrointestinal Surgery
Gastroesophageal Reflux Disease Surgery
Others
By End-User
Hospitals
Clinics
Ambulatory Surgical Centers
Others
Countries Analyzed
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)