Hemorrhoid Treatment Devices Market Analysis, Growth Drivers, Vendors Landscape, Shares, Trends, Industry Challenges with Forecast to 2030

Hemorrhoid is also known as piles which are treated by medications or surgery. The said disorder mostly occurs in pregnancy, diarrhea, sitting for long durations, heavy lifting, genetics, obesity, chronic constipation, ageing, and anal intercourse. It is generally treated with rubber band ligation, but when the disorder progresses, surgical procedure is highly preferred by physicians. Endoscopic band ligation devices include transparent plastic cup, loaded with bands that fit on the tip of endoscope, forceps for capturing the position of piles, and a trip-wire or strip running from the cap to endoscope handle through the accessory channel. All of these devices are used while performing hemorrhoids endoscopic surgery. Other techniques used to treat hemorrhoids include bipolar diathermy, infrared coagulation (IRC), injection sclerotherapy, laser photocoagulation, and cryotherapy.
Market Industry Reports (MIR) has published a new report titled “Global Hemorrhoid Treatment Devices Market – Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030.” According to the report, the Global Hemorrhoid Treatment Devices market was valued US$ 625 Mn in 2018. It is anticipated to grow at a CAGR of 4.7% from 2019 to 2030.
Major Key Players of the Hemorrhoid Treatment Devices Market are:
Medtronic, Ethicon US, Boston Scientific Corporation, Cook Medical, Sklar Surgical Instruments, OBP Medical Corporation, Reach surgical, CONMED Corporation, Integra LifeSciences Corporation, Privi Medical, and others.

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