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Hemorrhoids Treatment Device Market

Hemorrhoids Treatment Device Market

Hemorrhoids Treatment Devices Market Forecast, Trend, Analysis & Competition Tracking - Global Market Insights 2021 to 2031

Hemorrhoids Treatment Device Market
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Hemorrhoids Treatment Devices Market Overview

In recent years, lifestyle changes have caused health problems to all age groups. One amongst them is hemorrhoids. Hemorrhoids also known as piles is a common health problem faced by many. Initially, researchers stated that people above the age of fifty were diagnosed with hemorrhoids. But, with work and lifestyle changes, younger adults have also been affected with hemorrhoids.

Hemorrhoids are swollen and inflamed veins in the lower part of the rectum and the anus. Three types of Hemorrhoids have been detected by doctors. Hemorrhoids are categorized into Internal Hemorrhoids (forms on the lining of the anus and the inner rectum), External Hemorrhoids (forms under the skin and around the anus) and Thrombosed Hemorrhoids (caused due to blood clot inside a hemorrhoidal vein)

Common causes of hemorrhoids include,

  • Chronic constipation
  • Indigestion of food
  • Obesity
  • Straining during bowel movements
  • Sitting for long periods on the toilet
  • Pregnancy
  • Diarrhea
  • Consumption of a low fiber diet

Young adults face the problem of hemorrhoids due to heavy lifting in the gym as certain exercises stretch the anal muscles.

A patient who faces the problem of hemorrhoids experiences discomfort, itching, bleeding while passing stool and irritation in the anal region. At times the bleeding can be painless too. To get relief from pain, patients usually try to cure themselves at home, make changes in their diets and when the pain is extreme, they consult a doctor.

Key Trends in the Hemorrhoids Treatment Devices Market

Chronic constipation and an increase in the case of people suffering from severe diarrhea has given rise to various therapeutic options. Use of devices that treat hemorrhoids have been witnessed increasing demand.

Also, the option of early treatment and relief has made the devices popular amongst people. The use of hemorrhoids treatment devices at hospitals, hemorrhoids specialty clinics and ambulatory surgery centers has made the devices easily accessible for the masses.

Common hemorrhoids treatment devices include sclerotherapy, infrared coagulation and rubber band ligation. Amongst these, rubber band ligation is preferred by many as it causes less pain and the recovery period is less too.

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Key Factors Impeding Hemorrhoids Treatment Device Sales

One major problem leading to low sales of hemorrhoids treatment devices in some countries is the ignorance of people towards the problem. This may happen due to the awkwardness that comes with the problem.

Also, studies show that men are more comfortable consulting a doctor when faced with hemorrhoids in comparison to women. In certain cases, the bleeding is painless, whereas in some cases, hemorrhoids heal naturally.

US Hemorrhoids Treatment Devices Demand Analysis

US remains a key market for hemorrhoids treatment devices around the globe. The range of devices available in the US, combined with higher emphasis on effective treatment makes US a lucrative market for hemorrhoids treatment device manufacturers.

With the advancement in technology and development, people prefer to treat hemorrhoids at an early stage. Availability and accessibility to different treatments, awareness amongst people and painless procedures have given a rise to hemorrhoid’s treatment market in the US.

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Demand forHemorrhoids Treatment Devices in Asia-Pacific

With increasing population in countries like China and India, the market for hemorrhoids treatment devices is expected to see a boon in Asia Pacific. High awareness, countries spending on healthcare systems and people being responsible for health problems has increased the growth of hemorrhoids in the Asia-Pacific region.

Middle East’s higher obesity rate has increased the demand for the treatment of hemorrhoids. Kuwait has recorded a high obesity rate along with many countries from Middle East and Africa. Plus, the number of people traveling to Dubai for medical treatments has increased. All these factors have impacted the hemorrhoids device market positively.

Competitive Landscape

The top manufacturers in hemorrhoids treatment devices are

  • Cook Medical (US)
  • Medtronic Plc (Ireland)
  • Privi Medical (Singapore)
  • Integra Lifeccylces Corporation (Israel)
  • Sklar Surgical Instruments (US)
  • OBP Medical Corporation (US)
  • CONMED Corporation (US)
  • Boston Scientific Corporation (US)
  • Johnson

An Adaptive Approach to Modern-day Research Needs

Regional Analysis Includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru)
  • Europe (UK, Germany, Spain, France, BENELUX, Italy, Rest of Europe)
  • East Asia (China, Japan, South Korea)
  • South Asia & Oceania (India, ASEAN, Australia and New Zealand, Rest of South Asia & Oceania)
  • Middle East and Africa (GCC Countries, South Africa, Northern Africa, Turkey, Rest of MEA)

Report Highlights:

  • A detailed overview of the parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company

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Segmentation

By Device Type

  • Rubber band Ligators
  • Anoscopes
  • Bipolar probes
  • Proctoscopes
  • Infrared coagulators
  • Doppler probes
  • Cryotherapy devices

By procedure

  • Rubber band ligation
  • Infrared Coagulation
  • Sclerotherapy

By Industry

  • Hospitals
  • Specialty clinics
  • Ambulatory surgery centers

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