Pune, Maharashtra Feb 22, 2019 (Issuewire.com) - Global Surgical Clips Industry was valued at USD 5 Billion in the year 2017. Global Surgical Clips Industry is further estimated to grow at a CAGR of 5.5 % from 2019 to reach USD 7.53 Billion by the year 2025. Asia Pacific region holds the highest Industry share and is considered as the fastest growing Industry in the forecasted period. At a country level, China, India, and Japan hold the substantial Industry share-owning to high population base, growth in awareness about surgical clips and development in healthcare infrastructure.
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Major market Surgical Clips Industry are Ackermann Medical GmbH & Co., Braun Melsungen AG, Edwards Lifesciences Corp., Johnson & Johnson, Boston Scientific Corp., Teleflex Incorporated, Medtronic Plc., Lemaitre Vascular Inc., Scanlan International Inc., Grena Ltd. and a brief overview of 10 companies is also provided in the report.
SWOT analysis of Surgical Clips Industry:
Strength:
Growing number of surgical procedures across the globe
Rapid increase in geriatric population globally
Weakness:
Poor demand in underdeveloped countries
Opportunities:
Rise in adoption of robotic and minimally invasive surgeries
Significant Growth Potential in Emerging industries
Threats:
Lack of Trained Professionals
The global Surgical Clips Industry has been segmented by type, material, surgery type, end user, and region. Based on the material type, the global surgical clips Industry is categorized into titanium, polymer, and others of which titanium surgical clip segment holds the highest Industry share. According to type, the global surgical clips Industry is categorized as ligating clips, aneurysm clips, and others where the ligating clips segment dominates the global Industry.
Surgical Clips Industry Segmentation:
By Type
Ligating Clips
Titanium
Polymer
Other material ligating clips
Aneurysm Clips
Titanium
Polymer
Other material ligating clips
Others
Titanium
Polymer
Other material ligating clips
By Material Type
Titanium
Polymer
Other Material
By End Users
Hospitals & Clinics
Ambulatory Surgery Centers
By Surgery Type
Automated Surgery Clips
Manual Surgery Clips
By Region
• North America
o USA
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• RoW
o Latin America
o Middle East & Africa
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