Market Overview:
The global ligation 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 demand for minimally invasive surgeries and rising prevalence of cancer. By type, the titanium ligation clips segment is expected to account for the largest share of the global ligation clips market in 2018. This segment is also projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030.
Product Definition:
Ligation clips are small, metal clips that are used to close the ends of surgical sutures. They help to secure the suture in place and ensure that it does not come undone. Ligation clips are important because they help to prevent infection and promote healing.
Titanium:
Titanium is a metal, which has strong corrosion resistance and high strength. It is also very lightweight for its properties and has the highest tensile strength of any metal. The titanium alloys have been used in various medical devices including Ligation Clips, sutures & stents, orthopedic screws & fixation plates etc., due to their excellent biocompatibility features.
Polymer:
Polymer is a long-chain linear polymer with high molecular weight. It is usually produced from natural or synthetic monomers and can be classified as synthetic, semi-synthetic or natural depending on the raw materials used for its production. Polymers are extensively used in medical devices owing to their biocompatibility, low cost & light weight and ability to form strong bonds.
Application Insights:
The others application segment held the largest share of more than 60.0% in 2017. The major applications of ligation clips include hospitals, clinics and other medical facilities. Hospitals account for a majority share in the overall market as they are preferred locations for surgeries and other treatments due to advanced healthcare infrastructure and equipment available there. Moreover, hospitals offer better quality services as compared to clinics or medical facilities due to availability of highly skilled personnel along with advanced healthcare machinery such as imaging devices, lab testing machines etc., which increases demand over the global ligation clips market size forecast period.
However, hospital-based surgeries are associated with higher risk factors such as infection transmission through contaminated instruments or surfaces, improper sterilization techniques used by surgeons during an operation etc., which may result in increased utilization of ligation clips at clinic or medical facility level thereby affecting demand negatively over the forecast period.
Regional Analysis:
North America dominated the global ligation clips market in 2017 owing to the presence of well-established healthcare infrastructure and high adoption of advanced technologies. Moreover, increasing number of minimally invasive surgeries due to growing target population is also expected to drive regional growth over the forecast period. Asia Pacific is expected to witness lucrative growth during the forecast period owing to improving healthcare infrastructure and rising awareness about various surgical procedures. Growing medical tourism industry in emerging countries such as India, China, Thailand, Malaysia and Singapore will further boost demand for LGT devices during ambulatory surgery procedures.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily due to the advantages offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Ligation clips are ideally suited for use in minimally invasive surgeries as they are easy to use and cause minimal damage to the surrounding tissue.
- Growing popularity of laparoscopic surgery: Laparoscopic surgery is a type of minimally invasive surgery that uses small incisions (usually 1-2 cm) instead of one large incision used in traditional open surgery. This allows the surgeon to work inside the body using specialized instruments inserted through the incisions. Laparoscopic surgery has many advantages over traditional open surgery, including less pain, shorter hospital stays, and faster recovery times. Ligation clips are an essential part of laparoscopic surgical kits and are widely used in various laparoscopic procedures such as cholecystectomy (removal of gallbladder), hernia repair, appendectomy (removal of appendix), etcetera .
Scope Of The Report
Report Attributes
Report Details
Report Title
Ligation Clips Market Research Report
By Type
Titanium, Polymer
By Application
Hospital, Clinic, Others
By Companies
Teleflex, B. Braun, ENDOVISION, Ethicon, Medline, Matrix Surgical, Grena LTD, Welfare Medical, Sinolinks, Zhejiang Geyi Medical Instrument Co., Ltd., Hangzhou Kangji Medical Instrument, Hangzhou Sunstone Technology
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
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Ligation Clips Market Report Segments:
The global Ligation Clips market is segmented on the basis of:
Types
Titanium, Polymer
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, Others
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:
- Teleflex
- B. Braun
- ENDOVISION
- Ethicon
- Medline
- Matrix Surgical
- Grena LTD
- Welfare Medical
- Sinolinks
- Zhejiang Geyi Medical Instrument Co., Ltd.
- Hangzhou Kangji Medical Instrument
- Hangzhou Sunstone Technology
Highlights of The Ligation 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:
- Titanium
- Polymer
- By Application:
- Hospital
- Clinic
- Others
- 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 Ligation 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?
Ligation clips are a type of medical adhesive that is used to close off blood vessels. They are also known as vascular clamps or tourniquets.
Some of the major players in the ligation clips market are Teleflex, B. Braun, ENDOVISION, Ethicon, Medline, Matrix Surgical, Grena LTD, Welfare Medical, Sinolinks, Zhejiang Geyi Medical Instrument Co., Ltd., Hangzhou Kangji Medical Instrument, Hangzhou Sunstone Technology.
The ligation clips market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ligation 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 Ligation Clips Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ligation 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 Ligation 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 Ligation Clips Market Size & Forecast, 2020-2028
4.5.1 Ligation Clips Market Size and Y-o-Y Growth
4.5.2 Ligation Clips Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Titanium
5.2.2 Polymer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ligation 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 Ligation 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Titanium
9.6.2 Polymer
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 Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Titanium
10.6.2 Polymer
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 Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Titanium
11.6.2 Polymer
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 Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Titanium
12.6.2 Polymer
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 Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Titanium
13.6.2 Polymer
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) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Others
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 Ligation Clips Market: Competitive Dashboard
14.2 Global Ligation Clips Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Teleflex
14.3.2 B. Braun
14.3.3 ENDOVISION
14.3.4 Ethicon
14.3.5 Medline
14.3.6 Matrix Surgical
14.3.7 Grena LTD
14.3.8 Welfare Medical
14.3.9 Sinolinks
14.3.10 Zhejiang Geyi Medical Instrument Co., Ltd.
14.3.11 Hangzhou Kangji Medical Instrument
14.3.12 Hangzhou Sunstone Technology
