South Korea Endoluminal Suturing Devices Market Size & Outlook
South Korea endoluminal suturing devices market, 2016-2027 (US$M)
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South Korea endoluminal suturing devices market highlights
- The South Korea endoluminal suturing devices market generated a revenue of USD 0.7 million in 2020 and is expected to reach USD 1.7 million by 2027.
- The South Korea market is expected to grow at a CAGR of 12.9% from 2021 to 2027.
- In terms of segment, gastrointestinal surgery was the largest revenue generating application in 2020.
- Gastresophageal Reflux Surgery is the most lucrative application segment registering the fastest growth during the forecast period.
Endoluminal suturing devices market data book summary
| Market revenue in 2020 | USD 0.7 million |
| Market revenue in 2027 | USD 1.7 million |
| Growth rate | 12.9% (CAGR from 2020 to 2027) |
| Largest segment | Gastrointestinal surgery |
| Fastest growing segment | Gastresophageal Reflux Surgery |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bariatric Surgery, Gastrointestinal Surgery, Gastresophageal Reflux Surgery |
| Key market players worldwide | Boston Scientific Corp, Johnson & Johnson, Medtronic PLC |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.6% of the global endoluminal suturing devices market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
- In Asia Pacific, China endoluminal suturing devices market is projected to lead the regional market in terms of revenue in 2027.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3.6 million by 2027.
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Endoluminal Suturing Devices Market Scope
Endoluminal Suturing Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea endoluminal suturing devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to endoluminal suturing devices market will help companies and investors design strategic landscapes.
Gastrointestinal surgery was the largest segment with a revenue share of 42.86% in 2020. Horizon Databook has segmented the South Korea endoluminal suturing devices market based on bariatric surgery, gastrointestinal surgery, gastresophageal reflux surgery covering the revenue growth of each sub-segment from 2016 to 2027.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea endoluminal suturing devices market, including forecasts for subscribers. This country databook contains high-level insights into South Korea endoluminal suturing devices market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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South Korea endoluminal suturing devices market size, by application, 2016-2027 (US$M)
South Korea Endoluminal Suturing Devices Market Share, 2020 & 2027 (US$M)
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