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Global Endoscopic Closure Systems Market Size is valued at USD 514.5 Million in 2024 and is predicted to reach USD 929.9 Million by the year 2034 at a 6.2% CAGR during the forecast period for 2025-2034.
Key Industry Insights & Findings from the Report:
Endoscopic closure systems are likely to transform the industry because of their advantages over previously available methods. The rising global prevalence of gastrointestinal and stomach cancer is expected to impact the market significantly. As the elderly population grows, the market is likely to expand dramatically. Endoscopic surgery is becoming more popular because it employs advanced technology to access inside organs through small incisions, resulting in less discomfort and faster recovery than traditional surgical procedures. These key factors are expected to drive demand for endoscopic closure systems. Endoscopic closure devices are in great need due to increased diagnostic endoscopy treatments and surgery. The market is driven by rising GI illness prevalence and technical advancements to produce novel endoscopic closure techniques.
Furthermore, the growing number of diagnostic and therapeutic endoscopic operations, such as EMR, ESD, and full-thickness excision of subepithelial cancers, is driving demand for endoscopic closure systems. The market's expansion is hampered by a need for more qualified staff with experience performing endoscopic procedures.
The endoscopic closure systems market is segmented on the product, distributional channel and end-use. Based on product, the endoscopic closure systems market is divided into endoscopic clips/end clips (over-the-scope clips), overstitch endoscopic suturing systems, endoscopic vacuum-assisted closure systems and other products. The endoscopic closure systems market is segmented directly and indirectly based on the distributional channel. Based on end-use, the market is divided into hospitals, clinics and ambulatory surgery centers.
The endoscopic vacuum-assisted closure system segment is expected to hold a substantial share of the market during the forecast period. Endoscopic closure devices are in great demand due to increased diagnostic endoscopy treatments and surgery. The market is driven by rising GI illness prevalence and technical advancements to produce novel endoscopic closure techniques. Furthermore, the growing number of diagnostic and therapeutic endoscopic operations, such as EMR, ESD, and full-thickness excision of subepithelial cancers, is driving demand for endoscopic closure systems.
Hospitals grabbed the highest revenue share, and it is anticipated that they will continue to hold that position during the expected time. It is due to patients' increased product preference for chronic disease treatment. Furthermore, good infrastructure and reimbursement policies boost segment expansion. Moreover, hospitals execute a high number of surgeries and are regarded as the primary healthcare system in the majority of countries. Compared to other healthcare systems, hospitals perform the greatest number of surgeries, boosting segment growth.
The North American endoscopic closure systems market is expected to register the highest market share in revenue shortly. The increasing prevalence and incidences of chronic diseases, the growing geriatric population, the availability of reimbursement for endoscopic procedures, and the growing presence of prominent vendors will all contribute to the growth of the endoscopic closure devices market in North America over the forecast period. In addition, Asia Pacific is projected to grow rapidly in the global Endoscopic closure systems market. Rising gastrointestinal disease prevalence, increased government funding for healthcare expansion, and well-developed technologies are significant drivers of the sector. These countries contribute to the growth of the healthcare industry. Furthermore, increased cancer and gastrointestinal disorders patients in developed countries would quickly raise demand for new detection and treatment types, leading to increased economic growth.
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Report Attribute |
Specifications |
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Market Size Value In 2024 |
USD 514.5 Million |
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Revenue Forecast In 2034 |
USD 929.9 Million |
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Growth Rate CAGR |
CAGR of 6.2 % from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Mn,and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
Product, Distribution Channel, End-Use |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
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Competitive Landscape |
Coopersurgical, Inc. (The Cooper Companies Inc.), Steris, Apollo Endosurgery, Inc., Boston Scientific Corporation, Ovesco Endoscopy Ag, Abbott, Medtronic, Olympus Corporation, Teleflex Incorporated, B. Braun Melsungen Ag. |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Endoscopic Closure Systems Market Snapshot
Chapter 4. Global Endoscopic Closure Systems Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Product Type Estimates & Trend Analysis
5.1. by Product Type & Market Share, 2024 & 2034
5.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Product Type:
5.2.1. Endoscopic Clips/Endoclips (over-the-scope Clips)
5.2.2. Overstitch Endoscopic Suturing System
5.2.3. Endoscopic Vacuum Assisted Closure System
5.2.4. Other Products
Chapter 6. Market Segmentation 2: by Distribution Channel Estimates & Trend Analysis
6.1. by Distribution Channel & Market Share, 2024 & 2034
6.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by Distribution Channel:
6.2.1. Direct
6.2.2. Indirect
Chapter 7. Market Segmentation 3: by End-use Estimates & Trend Analysis
7.1. by End-use & Market Share, 2024 & 2034
7.2. Market Size (Value (US$ Mn)) & Forecasts and Trend Analyses, 2021 to 2034 for the following by End-use:
7.2.1. Hospitals
7.2.2. Clinics
7.2.3. Ambulatory Surgery Centers
Chapter 8. Endoscopic Closure Systems Market Segmentation 4: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Endoscopic Closure Systems Market Revenue (US$ Million) Estimates and Forecasts by Product Type, 2021-2034
8.1.2. North America Endoscopic Closure Systems Market Revenue (US$ Million) Estimates and Forecasts by Distribution Channel, 2021-2034
8.1.3. North America Endoscopic Closure Systems Market revenue (US$ Million) by End-use, 2021-2034
8.1.4. North America Endoscopic Closure Systems Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
8.2. Europe
8.2.1. Europe Endoscopic Closure Systems Market revenue (US$ Million) by Product Type, 2021-2034
8.2.2. Europe Endoscopic Closure Systems Market revenue (US$ Million) by Distribution Channel, 2021-2034
8.2.3. Europe Endoscopic Closure Systems Market revenue (US$ Million) by End-use, 2021-2034
8.2.4. Europe Endoscopic Closure Systems Market revenue (US$ Million) by country, 2021-2034
8.3. Asia Pacific
8.3.1. Asia Pacific Endoscopic Closure Systems Market revenue (US$ Million) by Product Type, 2021-2034
8.3.2. Asia Pacific Endoscopic Closure Systems Market revenue (US$ Million) by Distribution Channel, 2021-2034
8.3.3. Asia-Pacific Endoscopic Closure Systems Market revenue (US$ Million) by End-use, 2021-2034
8.3.4. Asia Pacific Endoscopic Closure Systems Market revenue (US$ Million) by country, 2021-2034
8.4. Latin America
8.4.1. Latin America Endoscopic Closure Systems Market revenue (US$ Million) by Product Type, 2021-2034
8.4.2. Latin America Endoscopic Closure Systems Market revenue (US$ Million) by Distribution Channel, 2021-2034
8.4.3. Latin America Endoscopic Closure Systems Market revenue (US$ Million) by End-use, 2021-2034
8.4.4. Latin America Endoscopic Closure Systems Market revenue (US$ Million) by country, 2021-2034
8.5. Middle East & Africa
8.5.1. Middle East & Africa Endoscopic Closure Systems Market revenue (US$ Million) by Product Type, 2021-2034
8.5.2. Middle East & Africa Endoscopic Closure Systems Market revenue (US$ Million) by Distribution Channel, 2021-2034
8.5.3. Middle East & Africa Endoscopic Closure Systems Market revenue (US$ Million) by End-use, 2021-2034
8.5.4. Middle East & Africa Endoscopic Closure Systems Market revenue (US$ Million) by country, 2021-2034
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. Coopersurgical, Inc. (The Cooper Companies Inc)
9.2.1.1. Business Overview
9.2.1.2. Key Product/Service
9.2.1.3. Financial Performance
9.2.1.4. Geographical Presence
9.2.1.5. Recent Developments with Business Strategy
9.2.2. Abbott Laboratories
9.2.3. Apollo Endosurgery, Inc.
9.2.4. Boston Scientific Corporation
9.2.5. Conmed Corporation
9.2.6. Cook Group Incorporated
9.2.7. Duomed Group
9.2.8. ENDO-FLEX GmbH
9.2.9. EnVision Endoscopy
9.2.10. Johnson & Johnson Services, Inc.
9.2.11. Leo Medical Co.,Ltd.
9.2.12. Medorah Meditek Pvt. Ltd.
9.2.13. Medtronic PLC
9.2.14. Meril Life Sciences Pvt. Ltd.
9.2.15. Micro-Tech USA Incorporated
9.2.16. Olympus Corporation
9.2.17. Ovesco Endoscopy AG
9.2.18. Saint-Gobain S.A.
9.2.19. SiTime Corporation
9.2.20. Steris plc
9.2.21. Wuxi Beien Surgery Device Co., Ltd
By Product-
By Distribution Channel
By End-use
By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
