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

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5928867

Hemorrhoid Treatment Devices Trends and Forecast

The future of the global hemorrhoid treatment devices market looks promising with opportunities in the hospital, clinic, and ambulatory surgery center markets. The global hemorrhoid treatment devices market is expected to reach an estimated $1 billion by 2030 with a CAGR of 7.0% from 2024 to 2030. The major drivers for this market are high incidence of of hemorrhoids and large healthcare expenditure across the globe.

Hemorrhoid Treatment Devices by Segment

The study includes a forecast for the global hemorrhoid treatment devices by type, application, and region.

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

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

Hemorrhoid Treatment Devices Market by Application [Shipment Analysis by Value from 2018 to 2030]

  • Hospitals
  • Clinics
  • Ambulatory Surgery Centers

Hemorrhoid Treatment Devices 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 Devices 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 devices companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hemorrhoid treatment devices companies profiled in this report include-
  • Boston Scientific
  • Medtronic
  • Cook Medical
  • DePuy Synthes
  • Integra LifeSciences

Hemorrhoid Treatment Devices Market Insights

The publisher forecasts that band ligators will remain the largest segment over the forecast period due to increasing inclination towards minimally invasive procedure and availability of new, improved, and low-cost band ligation devices.

Within this market, hospital will remain the largest segment due to wider range of treatment options and presence of experienced healthcare professionals.

North America will remain the largest region over the forecast period due to growing awareness for advanced treatment options and available for reimbursement policies.

Features of the Global Hemorrhoid Treatment Devices Market

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

FAQ

Q1. What is the hemorrhoid treatment devices market size?
Answer: The global hemorrhoid treatment devices market is expected to reach an estimated $1 billion by 2030.

Q2. What is the growth forecast for hemorrhoid treatment devices market?
Answer: The global hemorrhoid treatment devices market is expected to grow with a CAGR of 7.0% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the hemorrhoid treatment devices market?
Answer: The major drivers for this market are high incidence of of hemorrhoids and large healthcare expenditure across the globe.

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

Q5. Who are the key hemorrhoid treatment devices market companies?
Answer: Some of the key hemorrhoid treatment devices companies are as follows:
  • Boston Scientific
  • Medtronic
  • Cook Medical
  • DePuy Synthes
  • Integra LifeSciences
Q6. Which hemorrhoid treatment devices market segment will be the largest in future?
Answer: The publisher forecasts that band ligators will remain the largest segment over the forecast period due to increasing inclination towards minimally invasive procedure and availability of new, improved, and low-cost band ligation devices.

Q7. In hemorrhoid treatment devices 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 growing awareness for advanced treatment options and available for reimbursement policies.

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 devices market by type (band ligators, sclerotherapy injections, cryotherapy devices, infrared coagulators, laser probes, bipolar probes, and others), application (hospitals, clinics, and ambulatory surgery centers), 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 Devices 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 Devices Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Hemorrhoid Treatment Devices Market by Type
3.3.1: Band Ligators
3.3.2: Sclerotherapy Injections
3.3.3: Cryotherapy Devices
3.3.4: Infrared Coagulators
3.3.5: Laser Probes
3.3.6: Bipolar Probes
3.3.7: Others
3.4: Global Hemorrhoid Treatment Devices Market by Application
3.4.1: Hospitals
3.4.2: Clinics
3.4.3: Ambulatory Surgery Centers
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Hemorrhoid Treatment Devices Market by Region
4.2: North American Hemorrhoid Treatment Devices Market
4.2.1: North American Hemorrhoid Treatment Devices Market by Application: Hospitals, Clinics, and Ambulatory Surgery Centers
4.3: European Hemorrhoid Treatment Devices Market
4.3.1: European Hemorrhoid Treatment Devices Market by Type: Band Ligators, Sclerotherapy Injections, Cryotherapy Devices, Infrared Coagulators, Laser Probes, Bipolar Probes, and Others
4.3.2: European Hemorrhoid Treatment Devices Market by Application: Hospitals, Clinics, and Ambulatory Surgery Centers
4.4: APAC Hemorrhoid Treatment Devices Market
4.4.1: APAC Hemorrhoid Treatment Devices Market by Type: Band Ligators, Sclerotherapy Injections, Cryotherapy Devices, Infrared Coagulators, Laser Probes, Bipolar Probes, and Others
4.4.2: APAC Hemorrhoid Treatment Devices Market by Application: Hospitals, Clinics, and Ambulatory Surgery Centers
4.5: ROW Hemorrhoid Treatment Devices Market
4.5.1: ROW Hemorrhoid Treatment Devices Market by Type: Band Ligators, Sclerotherapy Injections, Cryotherapy Devices, Infrared Coagulators, Laser Probes, Bipolar Probes, and Others
4.5.2: ROW Hemorrhoid Treatment Devices Market by Application: Hospitals, Clinics, and Ambulatory Surgery Centers
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 Devices Market by Type
6.1.2: Growth Opportunities for the Global Hemorrhoid Treatment Devices Market by Application
6.1.3: Growth Opportunities for the Global Hemorrhoid Treatment Devices Market by Region
6.2: Emerging Trends in the Global Hemorrhoid Treatment Devices Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Hemorrhoid Treatment Devices Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Hemorrhoid Treatment Devices Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Boston Scientific
7.2: Medtronic
7.3: Cook Medical
7.4: DePuy Synthes
7.5: Integra LifeSciences

Companies Mentioned

  • Boston Scientific
  • Medtronic
  • Cook Medical
  • DePuy Synthes
  • Integra LifeSciences

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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