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Ligation Device Market to Reach $2.74 Billion by 2032 at 7.4% CAGR: Surgical Volume Growth and Minimally Invasive Trends Accelerate Demand
The global Ligation Device market was valued at USD 1.45 billion in 2023 and is projected to reach USD 2.74 billion by 2032, expanding at a CAGR of 7.4% during 2024–2032. Over 168 million surgical procedures utilized ligation devices globally in 2023, reflecting a 6.1% year-over-year (YoY) increase. Rising preference for minimally invasive surgeries and increasing hospital admissions are key growth drivers.
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