Surgical Clips Market Targets $7,322 Million by 2025, Globally : Allied Market Research
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.
Request TOC / Sample of the Report @ https://www.alliedmarketresearch.com/request-sample/3667
The surgical clips market is driven by the growth in number of surgical procedures across geographies with increase in awareness of clipping. Furthermore, surge in number of chronic diseases, and technological advancements in clipping are expected to boost the growth of the surgical clips market during the forecast period. However, complications associated with surgical clips such as migration of clips can impede the market growth.
Based on type, the surgical clips market is segmented as ligating clips, aneurysm clips, and others. Presently, the ligating clips segment dominates the global market, and is anticipated to continue this trend during the forecast period. However, the aneurysm clips segment is expected to exhibit rapid growth in the market during the forecast period, due to increase in prevalence of aneurysm, and growth in demand for aneurysm clipping.
Based on material type, the market is classified as titanium, polymer, and others. Presently, the titanium surgical clips segment dominates the global market, and are estimated to remain dominant during the forecast period, owing to their advantages such as inertness, and cost effectiveness. While, the demand for polymer clips is expected to increase during the forecast period, owing to the growth in demand for absorbable surgical clips.
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.
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.
Send Enquiry on this report @ https://www.alliedmarketresearch.com/purchase-enquiry/3667
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.
Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Surgical Clips Market Targets $7,322 Million by 2025, Globally : Allied Market Research here
News-ID: 1611254 • Views: 314
More Releases from Allied Market Research
Proximity and Displacement Sensors Market - 2020: COVID-19 Scenario, Growth Oppo …
The report titled, “Proximity and Displacement Sensors Market By Type (Inductive, Photoelectric, Capacitive, Ultrasonic, Magnetic & LVDT sensors) and Application (Parking Sensor Systems, Ground Proximity Warning System, Anti-aircraft warfare, Assembly line automation, Vibration monitoring system, Roller coasters, Conveyor systems) - Global Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that proximity and displacement sensors market is expected to grow sustainably by 2027. The report offers an
Asia-Pacific ATM Market - 2020: COVID-19 Impact, Growth Opportunities and Busine …
The report titled, “Asia-Pacific ATM Market By Solutions (ON site ATMs, Off site ATMs, Work site ATMs, Mobile ATMs, Managed services) and by Type (Conventional ATM, Brown label ATM, White label ATM, Smart ATM, Cash dispenser) - Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that Asia-Pacific ATM market is expected to grow sustainably by 2027. The report offers an extensive market analysis focusing on key
Travel Insurance Market - 2020: COVID-19 Scenario, Market Share, Growth Opportun …
The report titled, “Travel Insurance Market By Insurance Cover (SingleTrip Travel Insurance, Annual Multi-Trip Travel Insurance, and Long-Stay Travel Insurance), Distribution Channel (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, and Insurance Aggregators), and End User (Senior Citizens, Education Travelers, Business Travelers, Family Travelers, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that travel insurance market is expected to grow sustainably by 2027. The
Crystal Oscillator Market – 2020: COVID-19 Impact, Market Share, Growth Opport …
The report titled, “Crystal Oscillator Market By Technology (AT Cut, BT Cut, and SC Cut), Type (Voltage-Controlled Crystal Oscillator, Temperature-Compensated Crystal Oscillator, Oven-Controlled Crystal Oscillator, and Others), Mounting Scheme (Surface Mount and Thru-Hole), and Industry Vertical (Electronics, IT & Telecommunication, Military & Defense, Automotive & Transport, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2027” published by Allied Market Research, says that crystal oscillator market is expected to grow
More Releases for Based
Increasing demand for biologics for various chronic diseases and rising investment in R&D for the production of biologics is expected to contribute significantly to the growth of plant-based biologics market. According to Biotechnology Innovation Organization (BIO) 2015, over 250 biologic therapies and vaccines have changed the lives of hundreds of millions of patients. Moreover, according to the same source, over 900 biologics are currently (2018) under the stage of development
Hospital-based EMR Market
Electronic medical record (EMR) is a digital version of a paper chart, which contains a patient's medical history. This system is designed to share information with other healthcare providers such as laboratories and specialists. It helps to reduce operational cost such as transcription services and overtime labor expenses. Get Sample PDF of Report@ https://www.alliedmarketresearch.com/request-toc-and-sample/3219 Increase in demand for advanced health monitoring systems drives the growth of the market. In addition, rise in
Plant Based Beverages Market
https://www.qandqmarketresearch.com/reports/7360187/plantbased-beverages-market-87 Plantbased products include plantbased beverages that are further classified into plantbased dairy alternatives, juices, and readytodrink beverages. The plantbased beverages segment is expected to witness a growing CAGR of 6.5% by 2025, owing to the changing eating habits of consumers. Consumers are more conscious about health and wellness than before, and want to consume products that are healthy and natural without compromising on the taste and flavor of the product. Increasing
Plant-based Snacks Market
https://www.qandqmarketresearch.com/reports/7287268/plantbased-snacks-market-24 Plantbased products are those products that are made entirely from plantbased ingredients, and limit or restrict any use of animalbased products. Plantbased products include plantbased snacks, which are further classified into meat alternative snacks, cereal/grainbased snacks, plantbased salted snacks, plantbased snack bars, and fruit and nut snacks. Based on regional segmentation for the plantbased snacks market, North America, Western Europe, and Asia Pacific are estimated to dominate the global plantbased
Account Based Marketing
Today, most of the marketing organizations are moving towards the Account Based Marketing ( ABM ) . The ABM approach has been there for years but the recent technologies available have made this approach scalable and hence more effective and popular. The traditional marketing approach has been around attracting your prospects from a larger pool. The account based marketing is about targeting accounts based on your best business connection. It is
Clinical Nutrition Market 2016: Infant, Milk-based, Soy-based
Latest industry research report on Clinical nutrition products are type of pharmaceutical products, which help to keep patient healthy. They aid to improve metabolic system of the body by providing adequate supplements such as minerals, vitamins and others. Rising instances of chronic and lifestyle diseases and increasing population that receives malnutrition treatment are the major factors responsible for driving the growth of the market. Furthermore, rise in global population, disposable