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Hemorrhoid Treatment Device Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5928860

Hemorrhoid Treatment Device Trends and Forecast

The future of the global hemorrhoid treatment device market looks promising with opportunities in the hospital, clinic, and ambulatory surgery center markets. The global hemorrhoid treatment device market is expected to reach an estimated $1.0 billion by 2030 with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are growing rates of chronic constipation and an aging population, rising the usage of less invasive hemorrhoid treatments, as well as, increasing need for cutting-edge hemorrhoid treatment equipment.

Hemorrhoid Treatment Device by Segment

The study includes a forecast for the global hemorrhoid treatment device by product type, end use, and region.

Hemorrhoid Treatment Device Market by Product Type [Shipment Analysis by Value from 2018 to 2030]

  • Band Ligators
  • Laser Probes
  • Bipolar Probes
  • Cryotherapy Devices
  • Infrared Coagulators
  • Sclerotherapy Injectors
  • Others

Hemorrhoid Treatment Device Market by End Use [Shipment Analysis by Value from 2018 to 2030]

  • Hospitals
  • Clinics
  • Ambulatory Surgery Centers
  • Others

Hemorrhoid Treatment Device Market by Region [Shipment Analysis by Value from 2018 to 2030]

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Hemorrhoid Treatment Device Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hemorrhoid treatment device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hemorrhoid treatment device companies profiled in this report include-
  • Medline Industries
  • Johnson and Johnson
  • Sklar Surgical Instruments
  • Boston Scientific
  • Cook Medical
  • Integra Lifecycles
  • CONMED
  • Privi Medical
  • OBP Medical
  • Medtronic

Hemorrhoid Treatment Device Market Insights

The publisher forecasts that band ligator will remain the largest segment over the forecast period because of superior and more effective outcomes they have demonstrated in comparison to other products.

North America will remain the largest region over the forecast period due to solid healthcare infrastructure, significant market presence of diverse businesses, and increased public awareness.

Features of the Global Hemorrhoid Treatment Device Market

  • Market Size Estimates: Hemorrhoid treatment device market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Hemorrhoid treatment device market size by product type, end use, and region in terms of value ($B).
  • Regional Analysis: Hemorrhoid treatment device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different product type, end use, and regions for the hemorrhoid treatment device market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hemorrhoid treatment device market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the hemorrhoid treatment device market size?
Answer: The global hemorrhoid treatment device market is expected to reach an estimated $1.0 billion by 2030.

Q2. What is the growth forecast for hemorrhoid treatment device market?
Answer: The global hemorrhoid treatment device market is expected to grow with a CAGR of 5.4% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the hemorrhoid treatment device market?
Answer: The major drivers for this market are growing rates of chronic constipation and an aging population, rising the usage of less invasive hemorrhoid treatments, as well as, increasing need for cutting-edge hemorrhoid treatment equipment.

Q4. What are the major segments for hemorrhoid treatment device market?
Answer: The future of the global hemorrhoid treatment device market looks promising with opportunities in the hospital, clinic, and ambulatory surgery center markets.

Q5. Who are the key hemorrhoid treatment device market companies?
Answer: Some of the key hemorrhoid treatment device companies are as follows:
  • Medline Industries
  • Johnson and Johnson
  • Sklar Surgical Instruments
  • Boston Scientific
  • Cook Medical
  • Integra Lifecycles
  • CONMED
  • Privi Medical
  • OBP Medical
  • Medtronic
Q6. Which hemorrhoid treatment device market segment will be the largest in future?
Answer: The publisher forecasts that band ligator will remain the largest segment over the forecast period because of superior and more effective outcomes they have demonstrated in comparison to other products.

Q7. In hemorrhoid treatment device market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to solid healthcare infrastructure, significant market presence of diverse businesses, and increased public awareness.

Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the hemorrhoid treatment device market by product type (band ligators, laser probes, bipolar probes, cryotherapy devices, infrared coagulators, sclerotherapy injectors, and others), end use (hospitals, clinics, ambulatory surgery centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Hemorrhoid Treatment Device Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Hemorrhoid Treatment Device Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Hemorrhoid Treatment Device Market by Product Type
3.3.1: Band Ligators
3.3.2: Laser Probes
3.3.3: Bipolar Probes
3.3.4: Cryotherapy Devices
3.3.5: Infrared Coagulators
3.3.6: Sclerotherapy Injectors
3.3.7: Others
3.4: Global Hemorrhoid Treatment Device Market by End Use
3.4.1: Hospitals
3.4.2: Clinics
3.4.3: Ambulatory Surgery Centers
3.4.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Hemorrhoid Treatment Device Market by Region
4.2: North American Hemorrhoid Treatment Device Market
4.2.1: North American Hemorrhoid Treatment Device Market by End Use: Hospitals, Clinics, Ambulatory Surgery Centers, and Others
4.3: European Hemorrhoid Treatment Device Market
4.3.1: European Hemorrhoid Treatment Device Market by Product Type: Band Ligators, Laser Probes, Bipolar Probes, Cryotherapy Devices, Infrared Coagulators, Sclerotherapy Injectors, and Others
4.3.2: European Hemorrhoid Treatment Device Market by End Use: Hospitals, Clinics, Ambulatory Surgery Centers, and Others
4.4: APAC Hemorrhoid Treatment Device Market
4.4.1: APAC Hemorrhoid Treatment Device Market by Product Type: Band Ligators, Laser Probes, Bipolar Probes, Cryotherapy Devices, Infrared Coagulators, Sclerotherapy Injectors, and Others
4.4.2: APAC Hemorrhoid Treatment Device Market by End Use: Hospitals, Clinics, Ambulatory Surgery Centers, and Others
4.5: ROW Hemorrhoid Treatment Device Market
4.5.1: ROW Hemorrhoid Treatment Device Market by Product Type: Band Ligators, Laser Probes, Bipolar Probes, Cryotherapy Devices, Infrared Coagulators, Sclerotherapy Injectors, and Others
4.5.2: ROW Hemorrhoid Treatment Device Market by End Use: Hospitals, Clinics, Ambulatory Surgery Centers, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Hemorrhoid Treatment Device Market by Product Type
6.1.2: Growth Opportunities for the Global Hemorrhoid Treatment Device Market by End Use
6.1.3: Growth Opportunities for the Global Hemorrhoid Treatment Devices Market by Region
6.2: Emerging Trends in the Global Hemorrhoid Treatment Device Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Hemorrhoid Treatment Device Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Hemorrhoid Treatment Device Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Medline Industries
7.2: Johnson and Johnson
7.3: Sklar Surgical Instruments
7.4: Boston Scientific
7.5: Cook Medical
7.6: Integra Lifecycles
7.7: CONMED
7.8: Privi Medical
7.9: OBP Medical
7.10: Medtronic

Companies Mentioned

  • Medline Industries
  • Johnson and Johnson
  • Sklar Surgical Instruments
  • Boston Scientific
  • Cook Medical
  • Integra Lifecycles
  • CONMED

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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