Ligation Devices

Ligation Devices

Global Ligation Devices Market to Reach $1.5 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Ligation Devices estimated at US$974.1 Million in the year 2020, is projected to reach a revised size of US$1.5 Billion by 2027, growing at aCAGR of 6.5% over the period 2020-2027. Accessories, one of the segments analyzed in the report, is projected to record 6.7% CAGR and reach US$849.1 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Appliers segment is readjusted to a revised 6.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $265.4 Million, While China is Forecast to Grow at 9.7% CAGR

The Ligation Devices market in the U.S. is estimated at US$265.4 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$313.6 Million by the year 2027 trailing a CAGR of 9.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.8% and 5.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR.

Select Competitors (Total 42 Featured) -

• Applied Medical Resources Corporation
• B. Braun Melsungen AG
• Conmed Corporation
• Genicon, Inc
• Grena Think Medical
• Johnson & Johnson
• Medtronic
• Olympus Corporation
• Teleflex Incorporated
• The Cooper Companies, Inc.

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