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The global surgical clips market was valued at US$ 405.2 Million in 2021.
We expect the global surgical clips market to exhibit a CAGR of 6.30% during 2022-2027.
The growing adoption of surgical clips to promote safety and efficacy during invasive surgical procedures
is primarily driving the global surgical clips market.
The sudden outbreak of the COVID-19 pandemic had led to postponement of numerous elective
surgeries to reduce the risk of the coronavirus infection upon hospital visits and interaction with medical
equipment, thereby limiting the demand for surgical clips.
Based on the type, the global surgical clips market has been segmented into ligating clips, aneurysm
clips, and others. Currently, ligating clips hold the majority of the total market share.
Based on the material type, the global surgical clips market can be divided into titanium, polymer, and
others. Among these, titanium exhibits a clear dominance in the market.
Based on the surgery type, the global surgical clips market has been categorized into automated surgery
clips and manual surgery clips, where manual surgery clips currently account for the majority of the
global market share.
Based on the end user, the global surgical clips market can be segregated into hospital and clinic and
ambulatory surgery center. Currently, hospital and clinic holds the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin
America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global surgical clips market include 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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