Pune, India -- (SBWire) -- 04/15/2019 --The Global Hemorrhoid Treatment Devices Market is anticipated to grow at a constant CAGR around 4.8% during the forecast period 2018 to 2026 and reach the market value around USD 870 Million by 2026.
According to the report named "Hemorrhoid Treatment Devices Market" - Global Industry Analysis, Growth, Share, Size, Trends and Forecast, 2018-2026". The global market will likely be driven by an increase in hemorrhoid incidence among adults and an increase in hemorrhoid interventions due to the high preference of the patient. Increased adoption rates and awareness of hemorrhoid treatment devices are expected to dominate the global market for hemorrhoid treatment devices in North America and Europe. Power markets for hemorrhoid treatment devices are Asia Pacific, Latin America, Middle East & Africa. The Asia Pacific market is expected in 2018 to 2026 to increase at a high CAGR.
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Cost-effective Devices for Treatment of Complex Hemorrhoids to Drive Global Market
The global market for hemorrhoid treatment equipment is driven by an increase in hemorrhoid incidence. Hemorrhoids are one of the most common disorders among young adults, according to the International Surgery Journal (February 2018). Over 50 per cent of people are estimated to suffer from batteries before reaching 50 per cent. The number of operations is expected to increase and will in turn propel the global market for hemorrhoid treatment devices. Due to the increase in the use of ligators for hemorrhoid processing, the band ligator segments represented a leading share of the global market in 2017. Binders involve a relatively safe and painless office-based procedure with minimal complications. In addition, increased use by physicians of endoscopic ligators for easy access to hemorrhoids is likely in the near future to increase this segment.
End-User Stance
The global market of hemorrhoid treatment devices has been classified as hospitals, hospitals, outpatient surgical centers and so on in terms of end users. In 2017, hospitals & clinics held an important share of the world market. Multiple services and devices and ties with healthcare firms can lead to the predominance of the segment in order to enhance healthcare products and service offers. Hospitals & clinics also offer advanced technology and better health care services as a preferred treatment choice.
The segment of hospital and surgical centers, especially in developed economies, will expand at a high level of CAGR, with an increase in the geriatric population and an increase in health infrastructure and aid. Moreover, the segment is anticipated to be driven by an increase in the demand for hemorrhoid therapy in ambulatory surgical centres.
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North America is expected to dominate the Hemorrhoid Treatment Devices Market
As for the region, North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa are divided into the global markets of hemorrhoid treatment devices. In 2017, the global market dominated North America. The region is market driven by highly developed healthcare sector, increased awareness of hemorrhoid therapy and the continued development of hemorrhoid therapy devices among health care providers. In the hemorrhoid treatment equipment market, North America offers significant opportunities. In Asia Pacific, the market in the forecast period is expected to expand at a high level of CAGR, as the awareness of hemorrhoids for hemorrhoid procedures is increased. In addition, health sector growth is expected to boost the market in the region in countries such as China, Japan and India. Furthermore, the market for the region will likely increase during the projected period due to technological progress and the increase in hemorrhoid treatment adoption rates.
Johnson & Johnson, Boston Scientific Corporation and Medtronic plc are Likely to Continue to Lead the Global Hemorrhoid Treatment Devices Market
The Hemorrhoid Treatment Devices market is consolidated with large number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. The key players of the market are Johnson & Johnson, Medtronic plc, Boston Scientific Corporation, Cook Medical, CONMED Corporation, Integra LifeSciences Corporation, Sklar Surgical Instruments, Medline Industries, Inc., and Surkon Medical Co., Ltd.
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TABLE OF CONTENT
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Hemorrhoid Treatment Devices
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Hemorrhoid Treatment Devices Market By Device Type
1.2.2.1. Global Hemorrhoid Treatment Devices Market Revenue and Growth Rate Comparison By Device Type (2015-2026)
1.2.2.2. Global Hemorrhoid Treatment Devices Market Revenue Share By Device Type in 2017
1.2.2.3. Band Ligators (Endoscopic Ligators, Non-endoscopic Ligators)
1.2.2.4. Infrared Coagulators
1.2.2.5. Sclerotherapy Injectors
1.2.2.6. Bipolar Probes
1.2.2.7. Hemorrhoid Laser Probes
1.2.2.8. Cryotherapy Devices
1.2.2.9. Others
1.2.3. Hemorrhoid Treatment Devices Market By End-Use
1.2.3.1. Global Hemorrhoid Treatment Devices Market Revenue and Growth Rate Comparison By End-Use (2015-2026)
1.2.3.2. Global Hemorrhoid Treatment Devices Market Revenue Share By End-Use in 2017
1.2.3.3. Clinics and Hospitals
1.2.3.4. Ambulatory Surgical Centers
1.2.3.5. Others
1.2.4. Hemorrhoid Treatment Devices Market by Geography
1.2.4.1. Global Hemorrhoid Treatment Devices Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Hemorrhoid Treatment Devices Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Hemorrhoid Treatment Devices Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Hemorrhoid Treatment Devices Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Hemorrhoid Treatment Devices Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Hemorrhoid Treatment Devices Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter's Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Hemorrhoid Treatment Devices Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Hemorrhoid Treatment Devices Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Hemorrhoid Treatment Devices Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Hemorrhoid Treatment Devices Major Manufacturers in 2017
CHAPTER 4. HEMORRHOID TREATMENT DEVICES MARKET BY DEVICE TYPE
4.1. Global Hemorrhoid Treatment Devices Revenue By Device Type
4.2. Band Ligators (Endoscopic Ligators, Non-endoscopic Ligators)
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Infrared Coagulators
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Sclerotherapy Injectors
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Bipolar Probes
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. Hemorrhoid Laser Probes
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.7. Cryotherapy Devices
4.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.8. Others
4.8.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.8.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. HEMORRHOID TREATMENT DEVICES MARKET BY END-USE
5.1. Global Hemorrhoid Treatment Devices Revenue By End-Use
5.2. Clinics and Hospitals
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Ambulatory Surgical Centers
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Others
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. NORTH AMERICA HEMORRHOID TREATMENT DEVICES MARKET BY COUNTRY
6.1. North America Hemorrhoid Treatment Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Hemorrhoid Treatment Devices Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Hemorrhoid Treatment Devices Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 7. EUROPE HEMORRHOID TREATMENT DEVICES MARKET BY COUNTRY
7.1. Europe Hemorrhoid Treatment Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Hemorrhoid Treatment Devices Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 8. ASIA-PACIFIC HEMORRHOID TREATMENT DEVICES MARKET BY COUNTRY
8.1. Asia-Pacific Hemorrhoid Treatment Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Hemorrhoid Treatment Devices Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 9. LATIN AMERICA HEMORRHOID TREATMENT DEVICES MARKET BY COUNTRY
9.1. Latin America Hemorrhoid Treatment Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Hemorrhoid Treatment Devices Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 10. MIDDLE EAST HEMORRHOID TREATMENT DEVICES MARKET BY COUNTRY
10.1. Middle East Hemorrhoid Treatment Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East Hemorrhoid Treatment Devices Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 11. AFRICA HEMORRHOID TREATMENT DEVICES MARKET BY COUNTRY
11.1. Africa Hemorrhoid Treatment Devices Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Africa Hemorrhoid Treatment Devices Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Device Type, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By End-Use, 2015 - 2026 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Johnson & Johnson
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Medtronic plc
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Boston Scientific Corporation
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Cook Medical
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. CONMED Corporation
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Integra LifeSciences Corporation
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Sklar Surgical Instruments
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Medline Industries, Inc.
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Surkon Medical Co., Ltd.
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Others
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
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Hemorrhoid Treatment Devices Market Size Set to Register US $870 Million by 2026, at 4.8% CAGR
The report provides analysis of global Hemorrhoid Treatment Devices market for the period 2016-2026, wherein 2018 to 2026 is the forecast period and 2017 is considered as the base year.