LAMEA Endoluminal Suturing Devices Market Size, Share & Industry Trends Analysis Report By Application (Gastrointestinal Surgery, Bariatric Surgery, Gastroesophageal Reflux Disease Surgery and Others), By End User, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Endoluminal Suturing Devices Market would witness market growth of 15.4% CAGR during the forecast period (2022-2028).
For the treatment of deep wounds, the majority of sutures used today are constructed of synthetic materials that are both absorbable and non-absorbable. Synthetic stitches were made in large part due to the chemical industry. The first synthetic absorbable was created using polyvinyl alcohol. Later, catgut sutures were created by the radiation sterilization procedure. With its reliable tensile strength, predictable knot-tying characteristics, easy handling, and antibacterial solution to prevent infection in the wound region, modern suture is an excellent choice.
Other historically used substitutes for synthetic sutures include gut and silk sutures. Concerns about bovine spongiform encephalopathy have led some emerging nations to outlaw the use of gut sutures. The suture size affects the tensile strength; the smaller the suture, the weaker the tensile; as a result, it is mostly utilized for properly closing wounds.
In the past, doctors could use a needle with any thread combination to close any wound due to the use of reusable hole needles with various suture threads in wound treatments, just like in embroidery sewing. Nowadays, surgeons prefer Swaged sutures, or atraumatic sutures, which include an eyeless needle that has been prepackaged and is linked to the precise length of sutures.
In GCC adults, the prevalence of overweight has been estimated to be 48% for men and 35% for women, while the rate of obesity has been estimated to be 24% for men and 40% for women. Additionally, in recent years, the prevalence of overweight and obesity has increased among GCC states. Due to the undersampling of this population group, likely, the true prevalence of overweight and obesity in the UAE has not been completely captured.
The Brazil market dominated the LAMEA Endoluminal Suturing Devices Market by Country in 2021; thereby, achieving a market value of $2.5 million by 2028. The Argentina market is anticipated to grow at a CAGR of 16.1% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 15.1% during (2022 - 2028).
Based on Application, the market is segmented into Gastrointestinal Surgery, Bariatric Surgery, Gastroesophageal Reflux Disease Surgery and Others. Based on End User, the market is segmented into Hospitals, Ambulatory Surgical Centers, Clinics and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Apollo Endosurgery, Inc., Johnson & Johnson, Medtronic PLC, Cook Medical, Inc. (Cook Group), USGI Medical, Ovesco Endoscopy AG, Endo Tools Therapeutics S.A., ErgoSuture, Suture Ltd.
Scope of the Study
Market Segments Covered in the Report:
- Gastrointestinal Surgery
- Bariatric Surgery
- Gastroesophageal Reflux Disease Surgery
By End User
- Ambulatory Surgical Centers
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Apollo Endosurgery, Inc.
- Johnson & Johnson
- Medtronic PLC
- Cook Medical, Inc. (Cook Group)
- USGI Medical
- Ovesco Endoscopy AG
- Endo Tools Therapeutics S.A.
- Suture Ltd.
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