Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 45.10 Million | USD 88.06 Million | 11.80% | 2021 |
FrequentlyAsked Questions
Increased rates of several chronic illnesses in the aging population would enhance the market demand for endoluminal suturing devices. Endoscopic suturing equipment for minimally invasive surgery are expected to expand in popularity due to high demand.
According to the report, the global Endoluminal Suturing Devices market was worth about USD 45.10 million in 2021 and is predicted to grow to around USD 88.06 million by 2028, with a compound annual growth rate (CAGR) of around 11.80%.
North America dominates the Endoluminal Suturing Devices market and accounts for more than 40% of the global revenue due to improved healthcare infrastructure and a huge population susceptible to numerous chronic conditions Factors such as the presence of significant companies and developed healthcare infrastructure are some of the primary factors responsible for the market's significant share upcoming years.
Some of the main competitors dominating the global Endoluminal Suturing Devices market include -Apollo Endosurgery, Inc.; Ethicon Endo-Surgery (Johnson and Johnson); Medtronic Plc.
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