Surgical Clips Market Outlook: Ackermann Medical GmbH & Co., B. Braun Melsungen AG, Boston Scientific Corporation, Edwards Lifesciences Corporation, Grena Ltd., Johnson & Johnson and More

Researchbeam.com has added a new “Surgical Clips Market by Material Type and by Surgery Type End User - Global Opportunity Analysis and Industry Forecast, 2018-2025” focusing on global major leading players with information such as company profiles, market trend, share and forecast.

The global surgical clips market generated $4,849 million in 2017, and is projected to reach $7,322 million by 2025, growing at a CAGR of 5.2% from 2018 to 2025. Surgical clips are clamped over the vessels and arteries to control the bleeding from nearby blood vessels or arteries. The demand for these clips is on the rise in the market due to their reliability, cost effectiveness, and convenience of treatment. Surgical clips do not require to penetrate the blood vessel, and thus, are preferably used instead of staples for some surgical applications. The growth in number of surgical procedures across geographies makes way for the demand for surgical clips.

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The surgical clips market is expected to grow at a significant rate during the forecast period, owing to increase in number of surgical procedures, surge in prevalence of various chronic diseases, rise in adoption of surgical clips in developing countries, and developments in technologies. In addition, growth in the geriatric population, and rise in in awareness regarding absorbable surgical clips further driving the market growth. However, complications associated with surgical clips and stringent government regulations for their approval can impede the market growth.

The global surgical clips market is segmented based on type, material, surgery type, end user, and region. Based on type, the market is classified as ligating clips, aneurysm clips, and others, which are further sub segmented as titanium, polymer, and others. According to the material type, the market is categorized as titanium, polymer, and others. Based on the surgery type, the market is segmented as automated surgery clips and manual surgery clips. According to end user, the market is divided into hospital & clinic and ambulatory surgery center. Based on region, the market is studied across North America (U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, Australia, India, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).

Some of top key players have been profiles in this research report such as Ackermann Medical GmbH & Co., B. Braun Melsungen AG, Boston Scientific Corporation, Edwards Lifesciences Corporation, Grena Ltd., Johnson & Johnson (Ethicon, Inc.), Lemaitre Vascular, Inc., Medtronic Plc. (Covidien Ltd.), Scanlan International, Inc. and Teleflex Incorporated.

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Related Report:

Surgical Equipment Market by Product, Category and Application - Global Opportunity Analysis and Industry Forecast, 2017-2023

Surgical equipment are tools that aid the physical modification of biological tissues or aid to provide access to the internal body. The global surgical equipment market is expected to grow at CAGR of 7.0% during the forecast period, owing to introduction of modern electronic technologies such as minimally invasive surgery equipment and robotic & power-assisted systems.

The global surgical equipment market is segmented based on product, category application, and geography. On the basis of product, the market is categorized into surgical sutures & staplers, handheld surgical devices, and electrosurgical devices. Handheld surgical devices are further divided into forceps & spatulas, retractors, dilators, graspers, auxiliary instruments, cutter instruments, and others (suction tubes, rasps, dissectors, and needle holders). Surgical sutures & staplers account for the largest market share, owing to rise in number of surgeries performed globally and their frequent use in all types of surgeries.

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