According to the latest report by IMARC Group, “Global Surgical Clips Market Report, Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, 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 are devices that are made using inert and biocompatible materials, including sterile titanium, polyester fiber, stainless steel alloy, aluminum, nickel, cobalt, etc. They are utilized for removing the ovary, gallbladder, uterus, tube, etc., during hysterectomy. Surgical clips can also be used to close the cystic ducts and arteries in laparoscopic cholecystectomy to prevent bile leakage or bleeding. Consequently, they are gaining traction as an alternative to suturing for ligation in patients.
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.
|Base Year: 2021|
|Forecast Year: 2022-2027|
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Surgical Clips Market Trends and Drivers:
The rising number of individuals undergoing various surgical procedures, owing to the expanding geriatric population and the widespread prevalence of numerous chronic ailments, such as arthritis, cancer, obesity, cardiovascular diseases (CVDs), etc., is among the primary factors driving the surgical clips market.
In addition to this, the implementation of stringent healthcare regulations by government bodies to ensure efficacy and safety during several invasive surgical procedures is further impelling the market growth. Moreover, the growing medical tourism sector and the increasing popularity of cosmetic surgeries are also positively influencing the global market. Apart from this, the escalating incidences of fatal road accidents are also propelling the demand for surgical clips.
Furthermore, retained clips lead to diminished quality of computed tomography (CT) and magnetic resonance imaging (MRI) images, which is encouraging the development of safe product variants that can be dissolved or absorbed by the body so as to reduce the rate of postoperative complications. This, in turn, is expected to fuel the surgical clips market in the coming years.
Global Surgical Clips Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
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. and Teleflex Incorporated.
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The report has segmented the market on the basis of region, type, material type, surgery type and end user.
Breakup by Type:
- Ligating Clips
- Aneurysm Clips
Breakup by Material Type:
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
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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