Market Overview:
The global hemostasis clips market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of bleeding disorders, rising demand for minimally invasive surgeries, and technological advancements in hemostasis clips. By type, the disposable segment is expected to account for a larger share of the global hemostasis clips market during the forecast period. This can be attributed to factors such as ease of use and disposal and growing preference for disposable medical devices over reusable devices. By application, hospitals are expected to account for the largest share of the global hemostasis clips market during the forecast period. This can be attributed to increasing number of surgical procedures performed in hospitals and rising demand for minimally invasive surgeries.
Product Definition:
Hemostasis clips are small metal devices used to control bleeding by clamping onto a blood vessel. They are often used in surgery to stop bleeding from vessels that have been cut.
Disposable:
Disposable hemostasis clips are used for the temporary sealing of blood vessels during the process of coagulation, fibrinolysis and platelet aggregation. The global market is expected to grow at a lucrative CAGR due to its increasing demand in surgical procedures along with an increase in awareness about its usage among patients. Moreover, technological advancements such as introduction of laser technology-based disposable hemostasis clips are expected to drive growth over the forecast period.
Reusable:
Reusable hemostasis clips are medical devices used to prevent blood loss during surgery or accidental injury. They are made of titanium alloy and other metals, which provide high mechanical strength and durability. The device consists of a spring-loaded mechanism that is deployed by pressing the release button located on the handle portion. It then creates a seal around the injured area, which prevents further bleeding by creating a physical barrier between the skin surface and underlying tissue layers.
Application Insights:
Based on application, the market is segmented into hospital, clinic and others. The other applications include emergency department (ED) and surgery centers. In 2017, the hospital segment dominated the global hemostasis clips market owing to an increase in surgical procedures such as bariatric surgeries and laparoscopic gynecology procedures that require tight control of blood loss. Moreover, a rise in prevalence of chronic diseases such as diabetes will drive demand for hemostasis clips over the forecast period.
The ED segment is expected to witness significant growth over the forecast period due to rising cases of trauma across regions coupled with increasing awareness about early diagnosis among consumers.
Regional Analysis:
North America dominated the global market in 2017 owing to the rising prevalence of hematological and neurological disorders, increasing geriatric population, and high adoption of advanced medical devices. Moreover, growing number of research studies conducted on hemodynamic monitoring is expected to drive regional growth over the forecast period.
Asia Pacific is expected to witness lucrative CAGR during the forecast period due to factors such as improving healthcare infrastructure and growing patient awareness regarding available treatment options. Rising incidence of cardiovascular diseases & hypertension also drives regional growth. In addition, increasing preference for outpatient settings over hospitals may boost revenue generation in APAC region during the forecast years (2018-2030).
Growth Factors:
- Increasing incidence of bleeding disorders: The global hemostasis clips market is expected to grow at a CAGR of 5.5% during the forecast period owing to the increasing incidence of bleeding disorders such as hemophilia, von Willebrand disease, and others.
- Growing demand for minimally invasive surgeries: The growth of the hemostasis clips market is also attributed to the growing demand for minimally invasive surgeries which require less time for healing and result in lesser pain and scarring as compared to traditional open surgery procedures.
- Technological advancements in hemostasis clips: The development of innovative products with enhanced features is another key factor driving the growth of this market. For instance, in 2017, Medtronic plc introduced its Vascular Closure Device (VCD) which uses Hemostasis Clips for faster and easier closure following percutaneous coronary interventions (PCI). This product has helped reduce procedure time by up to 50%. Such technological advancements are likely to fuel the growth of this market in future years as well.
- Rising geriatric population: Another major driver for this market is the rising geriatric population across globe who are more susceptible to developing various types of bleeding disorders than younger individuals due declining levels production natural clotting factors with age .This provides a significant opportunity for players operating in this space .
Scope Of The Report
Report Attributes
Report Details
Report Title
Hemostasis Clips Market Research Report
By Type
Disposable, Reusable
By Application
Hospital, Clinic, Other
By Companies
Diversatek Healthcare, ConMed, Key Surgical, Boston Scientific, Micro-Tech, Cook Medical, Olympus, Diversatek Healthcare
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Hemostasis Clips Market Report Segments:
The global Hemostasis Clips market is segmented on the basis of:
Types
Disposable, Reusable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Diversatek Healthcare
- ConMed
- Key Surgical
- Boston Scientific
- Micro-Tech
- Cook Medical
- Olympus
- Diversatek Healthcare
Highlights of The Hemostasis Clips Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Disposable
- Reusable
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hemostasis Clips Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hemostasis clips are a medical device that help to maintain blood flow and prevent bleeding. They are inserted into the vein in the arm and used to secure the clot until it is dissolved by blood flow.
Some of the major companies in the hemostasis clips market are Diversatek Healthcare, ConMed, Key Surgical, Boston Scientific, Micro-Tech, Cook Medical, Olympus, Diversatek Healthcare.
The hemostasis clips market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hemostasis Clips Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hemostasis Clips Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hemostasis Clips Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hemostasis Clips Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hemostasis Clips Market Size & Forecast, 2018-2028
4.5.1 Hemostasis Clips Market Size and Y-o-Y Growth
4.5.2 Hemostasis Clips Market Absolute $ Opportunity
Chapter 5 Global Hemostasis Clips Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hemostasis Clips Market Size Forecast by Type
5.2.1 Disposable
5.2.2 Reusable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hemostasis Clips Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hemostasis Clips Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hemostasis Clips Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hemostasis Clips Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hemostasis Clips Analysis and Forecast
9.1 Introduction
9.2 North America Hemostasis Clips Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hemostasis Clips Market Size Forecast by Type
9.6.1 Disposable
9.6.2 Reusable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hemostasis Clips Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hemostasis Clips Analysis and Forecast
10.1 Introduction
10.2 Europe Hemostasis Clips Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hemostasis Clips Market Size Forecast by Type
10.6.1 Disposable
10.6.2 Reusable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hemostasis Clips Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hemostasis Clips Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hemostasis Clips Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hemostasis Clips Market Size Forecast by Type
11.6.1 Disposable
11.6.2 Reusable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hemostasis Clips Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hemostasis Clips Analysis and Forecast
12.1 Introduction
12.2 Latin America Hemostasis Clips Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hemostasis Clips Market Size Forecast by Type
12.6.1 Disposable
12.6.2 Reusable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hemostasis Clips Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hemostasis Clips Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hemostasis Clips Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hemostasis Clips Market Size Forecast by Type
13.6.1 Disposable
13.6.2 Reusable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hemostasis Clips Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hemostasis Clips Market: Competitive Dashboard
14.2 Global Hemostasis Clips Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Diversatek Healthcare
14.3.2 ConMed
14.3.3 Key Surgical
14.3.4 Boston Scientific
14.3.5 Micro-Tech
14.3.6 Cook Medical
14.3.7 Olympus
14.3.8 Diversatek Healthcare
