Home > Healthcare > Medical Devices > Surgical Devices > Surgical Clips Market

Surgical Clips Market Trends

Report ID: GMI12161
Published Date: Nov 2024
Report Format: PDF

Download Free Sample

Surgical Clips Market Trends

The expansion of healthcare infrastructure is a crucial catalyst for the growth of the surgical clips industry.
With healthcare systems around the world investing in upgrading and expanding their facilities, the availability of advanced surgical technologies and equipment increases, leading to a higher volume of surgical procedures. New hospitals, ambulatory surgical centers (estimated to reach USD 144.7 billion by 2032), and specialty clinics are being established, particularly in emerging markets, which facilitates greater access to surgical interventions.
This expansion not only enhances the capacity to perform surgeries but also promotes the adoption of modern surgical techniques, including minimally invasive procedures where surgical clips are commonly utilized.
Therefore, the growing healthcare infrastructure directly contributes to the rising demand for surgical clips, reinforcing their importance in contemporary surgical practices and ultimately improving patient outcomes.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of surgical clips reached USD 655.9 million in 2023 and is estimated to grow at an 11.9% CAGR from 2024 to 2032, driven by the increasing number of surgical interventions globally.

The titanium segment held a 59.2% market share in 2023 and is forecasted to reach USD 1 billion by 2032, owing to titanium's lightweight and robust tensile strength.

The U.S. market is projected to achieve a valuation of USD 642.4 million by 2032, supported by the rising number of annual surgical procedures.

Key players in the industry include Ackermann Instrumente, Applied Medical Resources, B. Braun Melsungen, Boston Scientific, Cook Medical, Grena, Johnson & Johnson, MAC's Medical Group, Medtronic, Meril Life Sciences, Sinolinks Medical Innovation, and Teleflex.