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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.
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.
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 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.