Surgical Clips Market Analysis and In-depth study on market Size and Investment Analysis By Top Players

Surgical clips are medical devices used to prevent bleeding from vessels and arteries. The worldwide increase in surgical procedures, the growth of surgical clips, the technological advances in surgical clips and the recognition of surgical clips are key drivers for the growth of the surgical clip market worldwide. Some other factors, such as clinical outcomes, cost effectiveness and convenience, further increase market growth. However, complications related to surgical clips, such as clip movement, are expected to increase in the market.

A new report "Surgical Clips Market, by Material, Type, Surgery Type, and End User: Global Opportunity Analysis and Industry Forecast, 2018-2025", published by Allied Market Research. The market was valued at $4,849 million in 2017, and is expected to reach $7,322 million by 2025, growing at a CAGR of 5.2% from 2018 to 2025.


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Depending on the type, the surgical clip market is classified as ligature clips, aneurysm clips and others. Currently, ligation clip segments dominate the global market and are expected to continue this trend during the forecast period. However, due to increased anemic epidemics and increased demand for aneurysm clipping, aneurysm clip segments are expected to show rapid growth in the market during the forecast period.

Depending on the type of material, the market is classified as titanium, polymer, and so on. Currently, the titanium surgical clip segment is dominating the global market and is estimated to remain dominant over the forecast period due to observation and cost effectiveness. Demand for polymer clips is expected to increase during the forecast period,

Depending on surgery type, the global surgical clips market is classified into automated surgery clips and manual surgery clips. Presently, the manual surgery clips segment is the major revenue contributor, as surgical procedures are preferably performed manually due to the cost effectiveness associated with them. However, the automated surgical clips segment is expected to experience fastest growth in the market during the forecast period, owing to growth in awareness about robotic surgeries.

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Based on end user, the global surgical clips market is segmented into hospital & clinic, and ambulatory surgery center. At present, the hospital & clinic segment is the major revenue contributor, and is estimated to remain dominant during the forecast period. Whereas, ambulatory surgery center segment is expected to show fastest growth in the market during the forecast period, due to growth in the number of ambulatory surgery centers.

Key Findings of the Surgical Clips Market:

• Based on type, the aneurysm clips segment is expected to experience rapid growth in the market, and is projected to grow at a CAGR of 5.8% from 2018 to 2025.

• Based on surgery type, the automated surgery clips segment exhibits fastest growth and is expected to grow at a CAGR of 8.0% from 2018 to 2025.

• Based on end user, the hospital & clinic segment held more than half of the global market share in 2017, and is expected to remain dominant throughout the forecast period.

• Based on region, Asia-Pacific is expected to experience growth at the highest rate, registering a CAGR of 6.2% during the forecast period.

North America accounted for approximately one-half of the global market share in 2017, and is expected to remain dominant throughout the forecast period. This was attributed to the rise in demand for surgical clips, increase in number of surgeries, higher number of trained medical professionals, and supportive reimbursement policies in the healthcare system. While, Asia-Pacific is expected to experience the highest growth rate during the forecast period majorly due to, rise in number of surgeries along with the increase in adoption of surgical clips.

Top Key Players:

• 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.
• Teleflex Incorporated.

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