Endoscopic Closure Systems Market is Booming Worldwide by 2027 | Growth, Analysis Forecasts

Posted byeditor Leave a comment on Endoscopic Closure Systems Market is Booming Worldwide by 2027 | Growth, Analysis Forecasts
Some of the gastrointestinal (GI) conditions such as inflammation, surgical anastomoses, neoplastic fistulae, etc. need non-surgical closure. Endoscopic closure systems are used to close such small GI perforations. Closure is also required after natural orifice translumenal endoscopic surgery. To allow the closure of these GI wall defects, several endoscopic closure systems are developed and practiced.
According to American Society for Gastrointestinal Endoscopy, ideal endoscopic closure systems should be non-expensive, safe and easy to use, should provide fast, reliable, durable and robust closure. Endoscopic closure systems market has evolved over time. Endoscopic clips or endoclips were the first technology developed for endoscopic closure systems. Over-the-scope clips–more effective endoscopic closure system than standard endoclips– was first approved for human use in Europe in 2009 and then in the U.S. in 2010.
Endoscopic suturing system was then developed that allows placement of running or interrupted full-thickness sutures. This device was developed based on Eagle Claw device, however, the device was more complex and was compatible with only one endoscope. Introduction of endoscopic suturing systems is expected to revolutionize the endoscopic closure systems market due to its advantages over previously available devices. Some of the examples of popular endoscopic closure system brands are Padlock Clip, Carter-Thomason CloseSure System, OTSC Proctology, Amplatzer Septal Occluder (used off-label), etc. However, these devices sometimes provide inadequate and unreliable solution and thus there is an urgent need for reliable and robust endoscopic closure systems that can be used for closure of mural and spontaneous iatrogenic defects.Endoscopic Closure Systems Market: Drivers and Restraints

Increasing need and interest for development of dedicated devices and techniques that enable the endoscopic closure of small GI perforations and increasing adoption of minimally invasive endoscopic procedures are the primary factors driving the growth of global endoscopic closure systems market. Number of endoscopic closure systems are being developed and tested in animal models for e.g. Bioabsorbable plugs being developed by W.L. Gore and Associates, Mucosal clips being developed by Boston Scientific Inc., Endoloops under development by Olympus Corporation etc. among others. Moreover, availability of these devices in various sizes would increase the demand for endoscopic closure systems over time. However, only few devices are available for use in human and majority of them possess some deficiencies, which limits the widespread use of currently available endoscopic closure systems

To remain ahead of your competitors, request for a sample – https://www.futuremarketinsights.com/reports/sample/rep-gb-5273

Endoscopic Closure Systems Market: Regional Outlook

Geographically, global endoscopic closure systems market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America clearly dominates the global endoscopic closure systems market.Over-the-scope clips and Overstitch systems are currently being used in the U.S.Europe is expected to be the second largest market for endoscopic closure systems as large number of global medical devices players are involved in development of innovative endoscope closure systems.

Endoscopic Closure Systems Market: Key Players

Some of the players identified in global endoscopic closure systems market include CooperSurgical Inc., US Endoscopy, Life Partners Europe, Ovesco Endoscopy AG, Apollo Endosurgery, Inc., St. Jude Medical, Inc. (Abbott), etc. among others.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Supply & Demand
  • Current Trends and Issues and Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Get a Tailored Made Report to Match Your requirements, Ask from Market Research Expert – https://www.futuremarketinsights.com/ask-question/rep-gb-5273

Endoscopic Closure Systems Market: Segmentation

Tentatively, global endoscopic closure systems market has been segmented on the basis of product type, end user, and geography

Based on product type, global endoscopic closure systemsmarket is segmented as below:

  • Endoscopic clips/Endoclips (Over-the-scope Clips)
  • Overstitch endoscopic suturing system
  • Cardiac septal defect occluders
  • Endoscopic vacuum assisted closure systems
  • Others

Based on end user, global medical physics market is segmented as below:

  • Hospitals

Ambulatory Surgical Centers

About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact Us:

Future Market Insights
Unit No: 1602-006, Jumeirah Bay 2, Plot No: JLT-PH2-X2A

Jumeirah Lakes Towers, Dubai

United Arab Emirates

LinkedIn| Twitter| Blogs

 For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

Leave a comment

Your email address will not be published. Required fields are marked *