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Surgical Clips Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

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    Report

  • 145 Pages
  • April 2022
  • Region: Global
  • IMARC Group
  • ID: 5577944
The global surgical clips market reached a value of US$ 405.2 million in 2021. Looking forward, the market is projected to reach a value of US$ 591.8 million by 2027, exhibiting a CAGR of 6.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use sectors. These insights are included in the report as a major market contributor.



Surgical clips are made using inert and biocompatible materials, such as sterile titanium, polyester fiber, nickel, stainless steel alloy, aluminum, and cobalt. They are utilized for controlling duct and artery and removing an ovary, tube, gallbladder, or uterus during hysterectomy. They can also be used to close the cystic duct and artery in laparoscopic cholecystectomy and prevent bile leakage or bleeding. Presently, they are gaining traction as an alternative to suturing for ligation in patients undergoing several surgical procedures, such as cholecystectomies.

Surgical Clips Market Trends


The rising number of individuals undergoing surgical procedures due to the widespread prevalence of chronic ailments, such as arthritis, cancer, obesity, and cardiovascular diseases (CVDs), represents one of the major growth-inducing factors. This can also be attributed to the growing geriatric population worldwide, which is more vulnerable to medical conditions that require surgical interventions. Moreover, the implementation of stringent healthcare norms that promote safety and efficacy during invasive surgical procedures is impelling the market growth. Furthermore, the expanding medical tourism sector, coupled with the increasing popularity of cosmetic surgeries, is bolstering the market growth. Apart from this, a significant rise in fatal road accidents and high hospital admission rates are catalyzing the demand for surgical clips around the wound. Besides this, as retained clips lead to diminished quality of computed tomography (CT) and magnetic resonance imaging (MRI) images and cause complications, researchers are developing safe variants that can be dissolved or absorbed by the body after a certain period. As they can reduce the rate of postoperative complications and minimize problems associated with diagnostic imaging, the demand for surgical clips is anticipated to rise in clinical use across the globe.

Key Market Segmentation


This report provides an analysis of the key trends in each sub-segment of the global surgical clips market, along with forecasts at the global, regional and country level from 2022-2027. The report has categorized the market based on type, material type, surgery type and End-user.

Breakup by Type:

  • Ligating Clips
  • Aneurysm Clips
  • Others

Breakup by Material Type:

  • Titanium
  • Polymer
  • Others

Breakup by Surgery Type:

  • Automated Surgery Clips
  • Manual Surgery Clips

Breakup by End-user:

  • Hospital and Clinic
  • Ambulatory Surgery Center

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape


The competitive landscape of the industry has also been examined along with the profiles of the key players being Ackermann Instruments GmbH, B. Braun Melsungen AG, Boston Scientific Corporation, Edwards Lifesciences Corporation, Grena Limited, Johnson & Johnson, LeMaitre Vascula Inc., LocaMed Ltd., Medtronic plc, Meril Life Sciences Pvt. Ltd. (Micro Life Sciences Private Limited), Scanlan International Inc. and Teleflex Incorporated.

Key Questions Answered in This Report

  • How has the global surgical clips market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global surgical clips market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the material type?
  • What is the breakup of the market based on the surgery type?
  • What is the breakup of the market based on the End-user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global surgical clips market and who are the key players?
  • What is the degree of competition in the industry?
Frequently Asked Questions about the Global Surgical Clips Market

What is the estimated value of the Global Surgical Clips Market?

The Global Surgical Clips Market was estimated to be valued at $405.2 Million in 2021.

What is the growth rate of the Global Surgical Clips Market?

The growth rate of the Global Surgical Clips Market is 6.5%, with an estimated value of $591.8 Million by 2027.

What is the forecasted size of the Global Surgical Clips Market?

The Global Surgical Clips Market is estimated to be worth $591.8 Million by 2027.

Who are the key companies in the Global Surgical Clips Market?

Key companies in the Global Surgical Clips Market include Ackermann Instruments GmbH, B. Braun Melsungen AG, Boston Scientific Corporation, Edwards Lifesciences Corporation, Grena Limited, Johnson & Johnson, LeMaitre Vascula Inc., LocaMed Ltd. and Meril Life Sciences Pvt. Ltd. (Micro Life Sciences Private Limited).

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Surgical Clips Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Ligating Clips
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Aneurysm Clips
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Others
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Material Type
7.1 Titanium
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Polymer
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Surgery Type
8.1 Automated Surgery Clips
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Manual Surgery Clips
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by End User
9.1 Hospital and Clinic
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Ambulatory Surgery Center
9.2.1 Market Trends
9.2.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Ackermann Instruments GmbH
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 B. Braun Melsungen AG
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Boston Scientific Corporation
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Edwards Lifesciences Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 Grena Limited
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Johnson & Johnson
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 LeMaitre Vascula Inc.
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 LocaMed Ltd.
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Medtronic plc
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10 Meril Life Sciences Pvt. Ltd. (Micro Life Sciences Private Limited)
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Scanlan International Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.12 Teleflex Incorporated
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
List of Figures
Figure 1: Global: Surgical Clips Market: Major Drivers and Challenges
Figure 2: Global: Surgical Clips Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Surgical Clips Market: Breakup by Type (in %), 2021
Figure 5: Global: Surgical Clips Market: Breakup by Material Type (in %), 2021
Figure 6: Global: Surgical Clips Market: Breakup by Surgery Type (in %), 2021
Figure 7: Global: Surgical Clips Market: Breakup by End User (in %), 2021
Figure 8: Global: Surgical Clips Market: Breakup by Region (in %), 2021
Figure 9: Global: Surgical Clips (Ligating Clips) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Surgical Clips (Ligating Clips) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Surgical Clips (Aneurysm Clips) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Surgical Clips (Aneurysm Clips) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Surgical Clips (Other Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Surgical Clips (Other Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Surgical Clips (Titanium) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Surgical Clips (Titanium) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Surgical Clips (Polymer) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Surgical Clips (Polymer) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Surgical Clips (Other Material Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Surgical Clips (Other Material Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Surgical Clips (Automated Surgery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Surgical Clips (Automated Surgery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Surgical Clips (Manual Surgery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Surgical Clips (Manual Surgery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Surgical Clips (Hospital and Clinic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Surgical Clips (Hospital and Clinic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Surgical Clips (Ambulatory Surgery Center) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Surgical Clips (Ambulatory Surgery Center) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: North America: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: North America: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: United States: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: United States: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Canada: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Canada: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Asia-Pacific: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Asia-Pacific: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: China: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: China: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Japan: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Japan: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: India: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: India: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: South Korea: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: South Korea: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Australia: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Australia: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Indonesia: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Indonesia: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Others: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Others: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Europe: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Europe: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Germany: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Germany: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: France: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: France: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: United Kingdom: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: United Kingdom: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Italy: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Italy: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Spain: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Spain: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Russia: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Russia: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Others: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Others: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Latin America: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Latin America: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Brazil: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Brazil: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Mexico: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Mexico: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Others: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Others: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Middle East and Africa: Surgical Clips Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Middle East and Africa: Surgical Clips Market: Breakup by Country (in %), 2021
Figure 77: Middle East and Africa: Surgical Clips Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Global: Surgical Clips Industry: SWOT Analysis
Figure 79: Global: Surgical Clips Industry: Value Chain Analysis
Figure 80: Global: Surgical Clips Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Surgical Clips Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Surgical Clips Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Surgical Clips Market Forecast: Breakup by Material Type (in Million US$), 2022-2027
Table 4: Global: Surgical Clips Market Forecast: Breakup by Surgery Type (in Million US$), 2022-2027
Table 5: Global: Surgical Clips Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Surgical Clips Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Surgical Clips Market: Competitive Structure
Table 8: Global: Surgical Clips Market: Key Players

Companies Mentioned

  • Ackermann Instruments GmbH
  • B. Braun Melsungen AG
  • Boston Scientific Corporation
  • Edwards Lifesciences Corporation
  • Grena Limited
  • Johnson & Johnson
  • LeMaitre Vascula Inc.
  • LocaMed Ltd.
  • Medtronic plc
  • Meril Life Sciences Pvt. Ltd. (Micro Life Sciences Private Limited)
  • Scanlan International Inc.
  • Teleflex Incorporated

Methodology

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