Ligation Devices Market Anticipates 6-7% CAGR by 2028 Driven by Minimally Invasive Surgery Trends

Ligation Devices Market Anticipates 6-7% CAGR by 2028 Driven by Minimally Invasive Surgery Trends

Ligation Devices Market Anticipates 6-7% CAGR by 2028 Driven by Minimally Invasive Surgery Trends

The Ligation Devices Market is expected to witness a CAGR of 6-7% by 2028. The key factors driving the market are the rising prevalence of age-related issues, growing demand for minimally invasive surgeries, rise in the number of cardiovascular, gastrointestinal and various other conditions, increasing healthcare spending and technological advances. To learn more about the research report, fill out a quick inquiry for a sample report.

Ligation devices are designed to secure blood vessels or ducts and prevent bleeding in medical procedures and are carefully crafted to improve the surgical experience for patients. The selection of a ligation device depends on the specific procedure; clips are favoured for larger blood vessels, while ligation bands are more appropriate for smaller ones. Additionally, there are alternative devices, including ligating loops, staples, and thermal devices, which may be chosen based on the surgeon's preference, the nature of the tissue involved, and the overall objectives of the surgery. The different types of medical devices used for ligation in surgical procedures are:

  • Electrocoagulation Devices: Utilize electrical energy to heat and seal very small blood vessels
  • Ultrasonic Devices: Use ultrasonic waves to vibrate and seal larger blood vessels
  • Staples: Surgical staples are commonly utilized for closing incisions or connecting tissues. In certain instances, they can also serve as ligation devices for blood vessels
  • Suture Ligation: A traditional method involving tying a suture around a blood vessel or anatomical structure, though less common than clip or band ligation

Precision in Progress: The Surge of Ligation Devices Fueled by Minimally Invasive Surgery and Technological Innovations

The growth of ligation devices in the medical field is being propelled by the widespread adoption of minimally invasive surgeries (MIS). These devices, crucial for closing blood vessels and ensuring secure closures during procedures, offer surgeons enhanced precision and control in confined spaces. The shift towards MIS is driven by its advantages, including reduced complications, quicker patient recovery, and the ability to address patient preferences for less invasive treatments. Ongoing innovations in ligation device design and technology, along with advancements in the broader medical field, are contributing to the sustained expansion of this market. As surgeons increasingly embrace minimally invasive techniques, the demand for specialized tools like ligation devices is expected to grow. For instance,

  • In June 2022, Ethicon, a division of Johnson & Johnson MedTech, unveiled the U.S. release of the ECHELON 3000 Stapler. This digitally enabled device offers surgeons a straightforward, one-handed powered articulation, designed to meet the distinctive requirements of their patients
  • In May 2021, CooperSurgical revealed its acquisition of obp Medical, encompassing a range of single-use illuminating vaginal speculums, anoscopes, and laryngoscopes in its portfolio. This strategic move underscores CooperSurgical's commitment to delivering impactful solutions tailored to address the needs of healthcare providers

Ligation Devices Market

Fill out the "Quick Inquiry Form" to request a sample copy.

Beyond Boundaries: The Global Landscape of Ligation Devices in Cardiovascular, Gastrointestinal, and Gynecological Surgeries

The global surge in chronic diseases, encompassing cardiovascular diseases, gastrointestinal disorders, and gynaecological conditions is fuelling the use of ligation devices in surgeries related to these conditions, thereby contributing to the expansion of the market. Continuous technological advancements in ligation device technologies, marked by enhancements in design, materials, and functionalities foster precision, ease of use, and improved patient outcomes, further in turn is fuelling the adoption of these devices. For instance,

  • In April 2022, Ethicon, a division of Johnson & Johnson MedTech, introduced the ENSEAL X1 Straight Jaw Tissue Sealer. This innovative bipolar energy device not only cuts and transects effectively but also enhances sealing strength and allows for the capture of more tissue per bite when compared to other products available in the market

Additionally, the escalation of healthcare spending, with higher budget allocations directed towards advanced medical technologies and surgical interventions, including ligation devices is catalyzing market growth. Moreover, the increasing ageing population, more susceptible to chronic illnesses necessitating surgical interventions, is anticipated to drive the demand for ligation devices on a global scale. Furthermore, the expansion of the ligation devices market in emerging economies is facilitated by improving healthcare infrastructure and a growing emphasis on advanced medical treatments

Competitive Landscape

Some of the key players operating in the market include Medtronic, Teleflex, Johnson & Johnson Meditech, Olympus, Cooper Surgical, ConMed, B.Braun, Grena Think Medical and Applied Medical, among others.  

Organic and Inorganic Growth Strategies Adopted by Players to Establish Their Foothold in the Market

Players operating in this market are adopting organic and inorganic growth strategies such as launching new products, acquiring related firms, and entering into collaborations to garner higher market share. For instance,

  • In November 2023, CooperCompanies confirmed the completion of its acquisition of specific assets from Cook Medical, with a primary focus on the obstetrics, doppler monitoring, and gynaecology surgery markets. The acquired assets predominantly consist of minimally invasive medical devices, including the Bakri® Postpartum Balloon, and a selection of surgical products
  • In August 2022, Teleflex Incorporated, a prominent global provider of medical technologies, declared its definitive agreement to acquire Standard Bariatrics, Inc. The latter has successfully introduced an inventive powered stapling technology tailored for bariatric surgery, Titan SGS® which stands out in sleeve gastrectomy by providing surgeons with the longest continuous staple cutline of 23 centimetres, addressing unmet needs in the field
  • In December 2020, ConMed Corporation partnered with PhyzioTech, Inc. to create and market a range of minimally invasive surgical tools, including ligation devices, aimed at treating pelvic floor disorders. This collaboration bolstered ConMed's market presence by enhancing its product portfolio

The Ligation Devices Market is expected to gain further momentum in the coming years due to the rise in endoscopic procedures, technological innovations, an increase in the prevalence of age-related medical conditions, and aggressive organic and inorganic growth strategies followed by the players.

Key Strategic Questions Addressed

  • What is the market size and forecast for the Global Ligation Devices Market?
  • What are the historical, present, and forecasted market shares and growth rates of various segments and sub-segments of the Global Ligation Devices Market?
  • How has COVID-19 impacted the Global Ligation Devices Market?
  • What are the major growth drivers, restraints/challenges impacting the market?
  • What are the opportunities prevailing in the market?
  • What is the investment landscape?
  • Which region has the highest share in the market? Which region is expected to witness the highest growth rate in the next 5 years?
  • Who are the major players operating in the market? What is the competitive positioning of key players?
  • Who are the new players entering the market?
  • What are the key strategies adopted by players?
  1. Research Methodology
    • Secondary Research
    • Primary Research
    • Market Estimation
    • Market Forecasting
  2. Executive Summary
  3. Market Overview
    • Market Dynamics
      • Drivers
      • Restraints
      • Opportunities
  1. Global Ligation Devices Market - Size & Forecast (2021-2028), By Product
    • Handheld Instruments
    • Accessories
  2. Global Ligation Devices Market - Size & Forecast (2021-2028), By Procedure
    • Minimal Invasive Surgeries
    • Open Surgeries
  3. Global Ligation Devices Market - Size & Forecast (2021-2028), By Application
    • Gastrointestinal and Abdominal Surgeries
    • Cardiovascular Surgeries
    • Gynaecological Surgeries
    • Urological Surgeries
    • Other Applications
  1. Global Ligation Devices Market - Size & Forecast (2021-2028), By End User
    • Hospitals
    • Other End Users
  2. Global Ligation Devices Market - Size & Forecast (2021-2028), By Region
    • North America (U.S. & Canada)
    • Europe (UK, Germany, France, Italy, Spain, Rest of Europe)
    • Asia Pacific (China, India, Japan, Rest of Asia Pacific)
    • Rest of the World (Latin America, Middle East & Africa)
  3. Competitive Landscape
    • Key Players and their Competitive Positioning
      • Competitive Positioning of Key Players (2022)
      • Offerings Assessment, By Players
    • Key Strategies Assessment, By Player (2021-2023)
      • New Product Launches
      • Partnerships, Agreements, & Collaborations
      • Mergers & Acquisitions
      • Other Developments
  1. Key Companies Scanned (Indicative List)
    • Medtronic
    • Teleflex
    • Johnson & Johnson Meditech
    • Olympus
    • Cooper Surgical
    • ConMed
    • Braun
    • Grena Think Medical
    • Applied Medical
    • Other Players

The study has been compiled based on extensive primary and secondary research.

Secondary Research (Indicative List)

Ligation Devices Market - Secondary Research

Primary Research

To validate research findings (market size & forecasts, market segmentation, market dynamics, competitive landscape, key industry trends, etc.), extensive primary interviews were conducted with both supply and demand-side stakeholders.

Supply Side Stakeholders:

  • Senior Management Level: CEOs, Presidents, Vice-Presidents, Directors, Chief Technology Officers, Chief Commercial Officers
  • Mid-Management Level: Product Managers, Sales Managers, Brand Managers, Business Development Managers, Consultants

Demand Side Stakeholders: Hospitals and Other Users

Breakdown of Primary Interviews

Ligation Devices Market - Breakdown of Primary Interviews

Market Size Estimation

Both ‘Top-Down and Bottom-Up Approaches’ were used to derive market size estimates and forecasts.

Data Triangulation

Research findings derived through secondary sources & and internal analysis were validated with Primary Interviews, Internal Knowledge Repository, and Company Sales Data.

Ligation Devices Market - Sample Deliverables

Ligation Devices Market - Sample Deliverables