Vietnam Endoluminal Suturing Devices Market Size, Share, Trends and Report 2025-2033

MARKET OVERVIEW

The Vietnam endoluminal suturing devices market size reached USD 320.80 Million in 2024 and is projected to attain USD 805.44 Million by 2033, growing at a CAGR of 10.77% during the forecast period 2025-2033. This growth is driven by government initiatives to expand healthcare infrastructure, increased adoption of minimally invasive surgeries for bariatric and gastrointestinal procedures, and rising foreign investment bringing advanced medical technologies to Vietnam. These factors collectively are enhancing the market share.

STUDY ASSUMPTION YEARS

• Base Year: 2024

• Historical Years: 2019-2024

• Forecast Year/Period: 2025-2033

VIETNAM ENDOLUMINAL SUTURING DEVICES MARKET KEY TAKEAWAYS

• Current Market Size: USD 320.80 Million (2024)

• CAGR: 10.77%

• Forecast Period: 2025-2033

• Rising adoption of minimally invasive procedures like endoscopic and laparoscopic surgeries is driving demand.

• Integration with advanced endoscopic and robotic-assisted technologies is enhancing surgical precision and outcomes.

• Increasing incidence of obesity and gastrointestinal disorders boosts demand for bariatric and GI surgery applications.

• Government healthcare infrastructure expansion and growing private hospital presence stimulate market growth.

• Foreign investment is introducing advanced medical technologies in Vietnamese healthcare facilities, expanding market share.

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MARKET GROWTH FACTORS

Minimally intrusive surgeries, such as endoscopic and laparoscopic surgical procedures, are increasingly being adopted, as they reduce recovery time, reduce complications, and reduce duration of hospital stay. The key driver for the Vietnam endoluminal suturing devices market is the increasing adoption of precision surgical suturing devices such as , which are used to make surgical approximation and closure by suturing within the gastrointestinal tract. Their adoption is gradually increasing, due to increased awareness regarding the advantages of minimally intrusive surgical procedures.

Endoluminal suturing devices and advanced imaging and robotic-helped technologies are transforming surgical techniques and patient outcomes in Vietnam through improved visualization, precision and control during surgery, leading to reduced error rates and increased success rates. Improved precision enables fine suturing in complex anatomical positions, leading to improved patient safety and improved surgical efficiency and effectiveness. The fusion of robotics, endoscopy, and suturing technology is expected to deliver predictable surgical outcomes and decreased surgical time, thus driving market growth.

Obesity and other gastrointestinal diseases have been on the rise in Vietnam, leading to greater demand for endoluminal suturing devices. Each of these devices has a variety of different uses, including bariatric surgeries such as sleeve gastrectomy, gastric plication, endoscopic gastric volume reduction, and perforation, bleeding, and tissue repair procedures. These minimally intrusive surgical alternatives to open surgery make a difference in patient care, decrease recovery time, and streamline gastrointestinal care. Awareness of appropriate minimally intrusive options has led to these devices becoming the standard of care for hospitals and specialty clinics.

MARKET SEGMENTATION

Application Insights:

• Bariatric Surgery: Devices used in surgeries addressing obesity through minimally invasive techniques, including gastric sleeve and gastric volume reduction.

• Gastrointestinal Surgery: Devices employed for surgical interventions related to gastrointestinal tract disorders and complications.

• Gastroesophageal Surgery: Devices utilized in operative procedures focused on the gastroesophageal region.

• Others: Devices applied in additional endoluminal suturing interventions not classified above.

End Use Insights:

• Hospitals: Primary healthcare institutions utilizing suturing devices for various surgical procedures.

• Ambulatory Surgical Centers: Outpatient facilities employing endoluminal suturing devices for minimally invasive surgeries.

• Others: Other healthcare settings and facilities using these suturing devices.

Regional Insights:

• Northern Vietnam: Key regional market with demand influenced by healthcare infrastructure and patient population.

• Central Vietnam: Regional segment reflecting specific market dynamics within the central part of the country.

• Southern Vietnam: Regional market segment characterized by healthcare development and end-user distribution.

REGIONAL INSIGHTS

Northern Vietnam is a dominant region in the Vietnam endoluminal suturing devices market, along with Central Vietnam and Southern Vietnam. The report provides comprehensive analysis across these three major regions but does not specify exact market shares or CAGR values by region. Growth is driven by regional variations in healthcare infrastructure and adoption of advanced surgical technologies.

RECENT DEVELOPMENTS & NEWS

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KEY PLAYERS

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