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Surgical Clips Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 138 Pages
  • May 2023
  • Region: Global
  • IMARC Group
  • ID: 5820680
The global surgical clips market size reached US$ 431.6 Million in 2022. Looking forward, the publisher expects the market to reach US$ 627.0 Million by 2028, exhibiting a growth rate (CAGR) of 6.2% during 2023-2028. The increasing prevalence of medical disorders, rising demand for minimally invasive surgery (MIS), and introduction of biodegradable surgical clips represent some of the key factors driving the market.

Surgical clips are medical devices used to control bleeding, close blood vessels, and secure tissue in surgical procedures. They are made using a variety of materials, such as titanium, polyester fiber, aluminum, nickel, stainless steel alloy, and cobalt. They do not cause an adverse reactions and inflammation in the body and reduce operative time as they are easy and quick to apply. They also aid in minimizing scarring as compared to suturing and stapling, which results in better cosmetic outcomes wherein scarring is a concern, such as plastic surgery. Moreover, they reduce the risk of infection as they cause minimal tissue damage and do not require the use of needles. At present, surgical clips are used in procedures, such as vascular surgery, laparoscopic surgery, neurosurgery, and orthopedic surgery across the globe.

Surgical Clips Market Trends:

Presently, the growing geriatric population and increasing prevalence of chronic ailments, such as arthritis, cancer, obesity, and cardiovascular diseases, represent one of the key factors positively influencing the market across the globe. In addition, the escalating demand for minimally invasive surgery (MIS) and advancements in surgical technology, such as the development of laparoscopic and robotic-assisted surgeries, are creating a favorable market outlook. In line with this, manufacturers are introducing new materials and designs for surgical clips to improve performance and ease of use. This can also be attributed to the burgeoning healthcare sector and the implementation of stringent healthcare regulations that promote safety and efficacy during invasive surgical procedures. Additionally, an increase in disposable incomes of individuals is catalyzing the demand for healthcare services, including surgical procedures. Apart from this, the rising awareness among patients and healthcare providers about the benefits of surgical clips, such as reduced operative time and minimal scarring, in confluence with the introduction of dissolvable surgical clips that can be dissolved or absorbed by the body after a period is bolstering the growth of the market. Besides this, the increasing number of skilled healthcare professionals, such as surgeons and nurses, trained to use surgical clips are contributing to the market growth. Furthermore, as surgical clips reduce the rate of postoperative complications and minimize problems associated with diagnostic imaging, they are gaining traction across the globe.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global surgical clips market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, material type, surgery type and end user.

Type Insights:

  • Ligating Clips
  • Aneurysm Clips
  • Others
The report has provided a detailed breakup and analysis of the surgical clips market based on the type. This includes ligating clips, aneurysm clips, and others. According to the report, ligating clips represented the largest segment.

Material Type Insights:

  • Titanium
  • Polymer
  • Others
The report has provided a detailed breakup and analysis of the surgical clips market based on the material type. This includes titanium, polymer, and others. According to the report, titanium represented the largest segment.

Surgery Type Insights:

  • Automated Surgery Clips
  • Manual Surgery Clips
The report has provided a detailed breakup and analysis of the surgical clips market based on the surgical type. This includes automated surgery clips and manual surgery clips. According to the report, manual surgery clips represented the largest segment.

End User Insights:

  • Hospital and Clinic
  • Ambulatory Surgery Center
The report has provided a detailed breakup and analysis of the surgical clips market based on the end use. This includes hospitals and clinic and ambulatory surgery center. According to the report, hospital and clinic represented the largest segment.

Regional Insights:

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

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for surgical clips. Some of the factors driving the North America surgical clips market included high disposable incomes, burgeoning healthcare sector, increasing demand for minimally invasive surgery (MIS), etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global surgical clips market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include 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, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

1. What was the size of the global surgical clips market in 2022?
2. What is the expected growth rate of the global surgical clips market during 2023-2028?
3. What are the key factors driving the global surgical clips market?
4. What has been the impact of COVID-19 on the global surgical clips market?
5. What is the breakup of the global surgical clips market based on the type?
6. What is the breakup of the global surgical clips market based on the material type?
7. What is the breakup of the global surgical clips market based on the surgery type?
8. What is the breakup of the global surgical clips market based on the end user?
9. What are the key regions in the global surgical clips market?
10. Who are the key players/companies in the global surgical clips market?

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$), 2017-2022
Figure 3: Global: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Surgical Clips Market: Breakup by Type (in %), 2022
Figure 5: Global: Surgical Clips Market: Breakup by Material Type (in %), 2022
Figure 6: Global: Surgical Clips Market: Breakup by Surgery Type (in %), 2022
Figure 7: Global: Surgical Clips Market: Breakup by End User (in %), 2022
Figure 8: Global: Surgical Clips Market: Breakup by Region (in %), 2022
Figure 9: Global: Surgical Clips (Ligating Clips) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Surgical Clips (Ligating Clips) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Surgical Clips (Aneurysm Clips) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Surgical Clips (Aneurysm Clips) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Surgical Clips (Other Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Surgical Clips (Other Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Surgical Clips (Titanium) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Surgical Clips (Titanium) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Surgical Clips (Polymer) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Surgical Clips (Polymer) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Surgical Clips (Other Material Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Surgical Clips (Other Material Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Surgical Clips (Automated Surgery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Surgical Clips (Automated Surgery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Surgical Clips (Manual Surgery) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Surgical Clips (Manual Surgery) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Surgical Clips (Hospital and Clinic) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Surgical Clips (Hospital and Clinic) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Surgical Clips (Ambulatory Surgery Center) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Surgical Clips (Ambulatory Surgery Center) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: North America: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: North America: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: United States: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: United States: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Canada: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Canada: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Asia-Pacific: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Asia-Pacific: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: China: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: China: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Japan: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Japan: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: India: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: India: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: South Korea: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: South Korea: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Australia: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Australia: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Indonesia: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Indonesia: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Others: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Others: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Europe: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Europe: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Germany: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Germany: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: France: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: France: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: United Kingdom: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: United Kingdom: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Italy: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Italy: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Spain: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Spain: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Russia: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Russia: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Others: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Others: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Latin America: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Latin America: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Brazil: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Brazil: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Mexico: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Mexico: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Others: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Others: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Middle East and Africa: Surgical Clips Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Middle East and Africa: Surgical Clips Market: Breakup by Country (in %), 2022
Figure 77: Middle East and Africa: Surgical Clips Market Forecast: Sales Value (in Million US$), 2023-2028
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, 2022 and 2028
Table 2: Global: Surgical Clips Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Surgical Clips Market Forecast: Breakup by Material Type (in Million US$), 2023-2028
Table 4: Global: Surgical Clips Market Forecast: Breakup by Surgery Type (in Million US$), 2023-2028
Table 5: Global: Surgical Clips Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Global: Surgical Clips Market Forecast: Breakup by Region (in Million US$), 2023-2028
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. and Teleflex Incorporated.

Methodology

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Table Information