Market Overview:
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 growth rate (CAGR) of 6.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Surgical clips are made using inert and biocompatible materials, such as sterile titanium, polyester fiber, nickel, stainless steel alloy, aluminum, and cobalt. They are utilized for controlling duct and artery and removing an ovary, tube, gallbladder, or uterus during hysterectomy. They can also be used to close the cystic duct and artery in laparoscopic cholecystectomy and prevent bile leakage or bleeding. Presently, they are gaining traction as an alternative to suturing for ligation in patients undergoing several surgical procedures, such as cholecystectomies.
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
Surgical Clips Market Trends:
The rising number of individuals undergoing surgical procedures due to the widespread prevalence of chronic ailments, such as arthritis, cancer, obesity, and cardiovascular diseases (CVDs), represents one of the major growth-inducing factors. This can also be attributed to the growing geriatric population worldwide, which is more vulnerable to medical conditions that require surgical interventions. Moreover, the implementation of stringent healthcare norms that promote safety and efficacy during invasive surgical procedures is impelling the market growth. Furthermore, the expanding medical tourism sector, coupled with the increasing popularity of cosmetic surgeries, is bolstering the market growth. Apart from this, a significant rise in fatal road accidents and high hospital admission rates are catalyzing the demand for surgical clips around the wound. Besides this, as retained clips lead to diminished quality of computed tomography (CT) and magnetic resonance imaging (MRI) images and cause complications, researchers are developing safe variants that can be dissolved or absorbed by the body after a certain period. As they can reduce the rate of postoperative complications and minimize problems associated with diagnostic imaging, the demand for surgical clips is anticipated to rise in clinical use across the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global surgical clips market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, material type, surgery type and end user.
Breakup by Type:
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Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
- Ligating Clips
- Aneurysm Clips
- Others
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:
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- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2021 |
Historical Period |
2016-2021 |
Forecast Period |
2022-2027 |
Units |
US$ Million |
Segment Coverage |
Type, Material Type, Surgery Type, End User, Region |
Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered |
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered |
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. |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |