Market Insights
The modern surgical clip was introduced by Edward Weck, Inc. in 1967, which was viewed as a significant advancement from the conventional ligating clips and cartridges. Modern surgical clips sport important advantages such as the use of tantalum and a radius bend on the lateral leg, therefore completely containing the blood vessel within the ligating clip. These clips are also pre-loaded on disposable cartridges, therefore offering immediate use during the surgical procedure. Growing emphasis on patient safety and demand for improved treatment outcomes during surgical procedures are key factors facilitating surgical clip market growth. Additionally, the escalating burden of containing healthcare expenditure also facilitates the demand for the latest technologically advanced lighting solutions.
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Efficient use of modern surgical clips ensures additional safety during surgical procedures, therefore reducing procedural time and related risks. The growing number of cardiac and vascular surgeries being performed worldwide mainly drives the demand for surgical clips. It is estimated that tantalum and titanium will be the most in-demand materials for surgical clips. Additionally, the market for surgical clips will be the largest in hospitals, followed by ambulatory surgical centers. Higher patient traffic and a higher volume of surgeries primarily contribute to hospitals’ dominance in the global surgical clip market. Geographically, North America and Europe collectively lead the global surgical clip market. Higher volumes of surgeries and a larger patient pool, along with favorable reimbursements, are the key factors facilitating the dominance of North America and Europe on the global front.
The global surgical clips market is divided into the following categories:
Material
- Tantalum
- Stainless Steel
- Titanium
- Others
Usage Area
- Hospitals
- Ambulatory Surgical Centers
- Others
Geography
- North America
- Europe
- Germany
- France
- Italy
- U.K.
- Russia
- Rest of Europe
- Asia-Pacific
- India
- China
- Japan
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of Middle East and Africa
Key players identified for the surgical clips market include but are not limited to:
Braun Melsungen AG, KLS Martin Group, Boston Scientific Corporation, LeMaitre Vascular, Inc., Edwards Lifesciences Corporation, BMC-PRIMA GmbH, Maxer Medizintechnik GmbH, Johnson & Johnson (Ethicon), Ackermann Medical GmbH & Co. KG, and others
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This report offers the following:
- Analysis of several techniques, test types, and regions that would provide a clear understanding of the ongoing and future trends in the global surgical clip market
- Assessment of market dynamics, such as drivers, restraints, and opportunities prevalent in the market
- Quantitative assessment of the current market size and future estimations for the period from 2016 to 2026, along with CAGRs for the period from 2018 to 2026
- Company profiles that will highlight key information about the imperative players operating in the global surgical clip market
