IMARC Group’s latest research report, titled “Surgical Clips Market Size: Global Industry Trends, Share, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global surgical clips market reached a value of US$ 405.2 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 591.8 Million by 2027, exhibiting a CAGR of 6.30% during 2022-2027.
Surgical clips refer to medical devices manufactured using inert and biocompatible materials, including sterile titanium, polyester fiber, nickel, stainless steel alloy, aluminum, and cobalt. They are widely used to control the duct and artery and remove an ovary, tube, gallbladder, or uterus during hysterectomy controlling duct and artery. They are also utilized to close the cystic duct and artery in laparoscopic cholecystectomy and prevent bile leakage or bleeding. As a result, surgical clips have gained immense traction as an alternative to suturing for ligation in patients undergoing various surgical procedures, such as cholecystectomies.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by type, material type, surgery type, end user and region.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Surgical Clips Market
- Strategies of major players and product offerings
The global surgical clips market is primarily driven by the significant rise in patients undergoing surgeries due to the increasing prevalence of chronic diseases. Besides this, the expanding geriatric population that is more susceptible to developing medical conditions requiring surgical procedures is another major growth-inducing factor. Furthermore, there has been widespread adoption of surgical clips as they can reduce postoperative complications and problems associated with diagnostic imaging. Furthermore, the introduction of stringent healthcare norms to promote efficacy and safety during invasive surgical procedures has accelerated the product adoption rate. Additionally, researchers are developing safe product variants that can be dissolved or absorbed by the body after a specific period to replace retained clips that result in poor-quality computed tomography (CT) and magnetic resonance imaging (MRI) images and lead to complications. Other factors, including the expanding medical tourism sector, rising incidences of fatal road accidents, surging hospitalization rates, escalating demand for cosmetic surgeries, and technological advancements, are also anticipated to propel the market growth.
Key Players Included in Global Research Report:
- Ackermann Instruments GmbH
- B. Braun Melsungen AG
- Boston Scientific Corporation
- Edwards Lifesciences Corporation
- Grena Limited
- Johnson & Johnson
- LeMaitre Vascula Inc.
- LocaMed Ltd.
- Medtronic plc
- Meril Life Sciences Pvt. Ltd. (Micro Life Sciences Private Limited)
- Scanlan International Inc.
- Teleflex Incorporated
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Market Segmentation:
Breakup by Type:
- Ligating Clips
- Aneurysm Clips
- Others
Breakup by Material Type:
- Titanium
- Polymer
- Others
Breakup by Surgery Type:
- Automated Surgery Clips
- Manual Surgery Clips
Breakup by End User:
- Hospital and Clinic
- Ambulatory Surgery Center
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
TOC for the Surgical Clips Market Research Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Surgical Clips Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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