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Surgical Clips Market - Growth, Future Prospects & Competitive Analysis, 2018 - 2026

Overview:

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 use of tantalum and radius bend on the lateral leg, therefore completely containing the blood vessel within the ligating clip. These clips are also pre-loaded on disposable cartridge, therefore, offering immediate use during the surgical procedure. Growing emphasis on patient safety and demand for enhanced treatment outcomes during surgical procedures are the key factors that facilitate the market growth of surgical clips. Additionally, escalating burden on containing healthcare expenditure also facilitates the demand for latest technologically advanced ligating solutions.

Efficient use of modern surgical clips ensures additional safety to surgical procedures, therefore reducing the procedural time and related risks. Growing number of cardiac and vascular surgeries being performed worldwide mainly drive the demand for surgical clips. It is estimated that tantalum and titanium will be the highest demanded material for surgical clips. Additionally, the market for surgical clips will be the largest in hospitals, followed by ambulatory surgical centers. Higher footfall of patients and greater volume of surgeries mainly contribute to the dominance of hospitals segment in the global surgical clips market. Geographically, North America, and Europe collectively lead the global surgical clips market. Higher volumes of surgeries and greater 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 segmented on the following bases:

  • Material
    • Tantalum
    • Stainless Steel
    • Titanium
    • Others
  • Usage Area
    • Hospitals
    • Ambulatory Surgical Centers
    • Others
  • Geography
    • North America
      • US
      • Canada
    • Europe
      • UK
      • Germany
      • Rest of Europe
    • Asia Pacific
      • Japan
      • China
      • Rest of APAC
    • Latin America
      • Brazil
      • Mexico
    • The Middle East and Africa
      • GCC
      • Rest of the Middle East and Africa

Key players identified for Surgical Clips market include but are not limited to:

B. 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.

This report offers:

  • Analysis of several techniques, test types, and regions that would provide a clear understanding of the ongoing and future trends in the global surgical clips 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 clips market
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