Ligation Devices Market, Share, Growth, Trends and Forecast to 2032

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Ligation Devices Market Industry Analysis,
Trend, Growth, Opportunity, Forecast 2023-2032
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• Industry Insights

• Ligation Devices Market size will expand
  exponentially through 2032. Increasing
  investments by the government in healthcare
  infrastructure is a major driver behind the
  market growth.
• In October 2022, the U.S. government announced an
  investment of around USD 110 million to improve
  healthcare for the rural population.
• Moreover, industry players in this space are
  focusing on mergers and acquisition strategies to
  reinforce their position.
• Citing an instance, in August 2022, CONMED
  Corporation, a leading medical technology
  manufacturer, acquired Biorez, Inc., a medical
  device start-up.

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• The ligation instruments market share will grow
  at a lucrative CAGR from 2023 to 2032. Surging
  cases of cardiovascular disorders have increased
  the number of surgeries, propelling the need for
  ligation instruments.
• According to CDC, around 60 million women are
  diagnosed with some form of heart disease in the
  U.S. alone.
• Moreover, surging efforts by industry players
  toward launching ligation instruments with
  advanced capabilities will further contribute to
  segment growth.
• Regarding application, ligation devices market
  value from the urological surgery segment will
  amass significant gains through 2032. Rising
  prevalence of urological conditions such as
  bladder cancer, prostate cancer, and others has
  increased the need for urological surgeries,
  elevating the demand for ligation devices. To
  illustrate, as per the American Cancer Society,
  in 2023, around 82,290 new cases of bladder
  cancer are estimated to be diagnosed in the U.S.
  alone.

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• Regional Analysis

• From the regional standpoint, Europe ligation
  devices market share will grow at a notable CAGR
  from 2023 to 2032. Increasing demand for
  minimally invasive procedures coupled with the
  rising prevalence of chronic diseases such as
  cancer, heart disease, and others have increased
  the demand for ligation devices in the region.

• Competitive Analysis

• Some of the major players operating in the
  ligation devices market are Medtronic Plc,
  Johnson, and Johnson (Ethicon), Cooper Surgical
  (the Cooper Companies, Inc.), CONMED Corporation,
  B Braun Melsungen AG, and Teleflex Incorporated
  among others.

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