Market Overview:
The global polymer ligating 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 M size segment is expected to account for the largest share of the global polymer ligating clips market in 2018, followed by L size and XL size segments. By application, laparoscopic surgery is expected to account for the largest share of the global polymer ligation clips market in 2018, followed by open surgery segment.
Product Definition:
Polymer Ligating Clips are small, clip-like devices that are used to close off blood vessels or other body tissues. They are made of a biocompatible polymer and work by clipping onto the tissue and then being heated up, causing the polymer to form a seal around the tissue. This seals off the blood vessel or tissue and prevents any bleeding from occurring. Polymer Ligating Clips are used in a variety of medical procedures, including laparoscopic surgery, to close off blood vessels or tissues that need to be cut away.
M Size:
M size is a standard medical device used for the fixation of devices and instruments in place during laparoscopic surgeries. The M size clips are available in various forms such as plastified clips, non-plastified clips, and wire-free clips. These products have applications in general surgery, gynecology & obstetrics surgery, thoracic & cardiovascular surgeries.
L Size:
L size is the largest available in the market and it's used for ligation of longer than average length polymers. L size clips are available with a range of capacities from 10 to 300 ml. They are most commonly used for ligation of polyvinyl chloride, thermoplastic elastomers, rubber (inclusive of natural and synthetic), nylon 6,6 & 6 cross-linked, PVDF films & tapes and other long-chain linear polymers.
Application Insights:
The laparoscopic surgery segment dominated the global market in 2017. The growing usage of clips for laparoscopic surgeries is one of the major factors contributing to its dominance over the forecast period. Laparoscopic procedures require a lot of ligation and closure devices, which can be used as clamps during surgery. These clips help in maintaining surgical hemostasis and also prevent post-surgical adhesions from forming around organs or tissues, thereby reducing post-operative complications.
The open surgery segment is expected to witness significant growth over the forecast period owing to increasing demand for minimally invasive procedures worldwide.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D activities, rising healthcare expenditure, and growing demand for minimally invasive surgeries over conventional surgeries. In addition, factors such as favorable reimbursement policies and high disposable income are anticipated to further boost the regional market growth during the same period.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to untapped opportunities in this region coupled with a large patient pool that requires surgical intervention for treatment of various medical conditions resulting from unhealthy lifestyles including obesity & cardiovascular diseases (CVDs). Moreover, improving healthcare infrastructure along with an increase in government spending on research & development will also drive regional product demand during the same period.
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 benefits offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Polymer ligation clips are ideally suited for use in minimally invasive surgeries as they are small in size and can be easily inserted through a small incision.
- Growing popularity of laparoscopic surgery: Laparoscopic surgery is a type of minimally invasive surgery that uses tiny instruments inserted through small incisions in the abdomen to perform various surgical procedures. The popularity of laparoscopic surgery is growing rapidly due to its many advantages over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Polymer ligation clips are well-suited for use in laparoscopic surgeries as they can be easily inserted through a small incision without causing any damage or trauma to the surrounding tissue.
Scope Of The Report
Report Attributes
Report Details
Report Title
Polymer Ligating Clips Market Research Report
By Type
M Size, L Size, XL Size, Other
By Application
Laparoscopic Surgery, Open Surgery
By Companies
Teleflex, Grena, Medtronic, Kangji Medical, Sunstone, Sinolinks, Nanova Biomaterials
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Polymer Ligating Clips Market Report Segments:
The global Polymer Ligating Clips market is segmented on the basis of:
Types
M Size, L Size, XL Size, Other
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
Laparoscopic Surgery, Open Surgery
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
- Grena
- Medtronic
- Kangji Medical
- Sunstone
- Sinolinks
- Nanova Biomaterials
Highlights of The Polymer Ligating 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:
- M Size
- L Size
- XL Size
- Other
- By Application:
- Laparoscopic Surgery
- Open Surgery
- 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 Polymer Ligating 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?
Polymer ligating clips are a type of medical adhesive that is used to attach two pieces of tissue together. They are made from a thin sheet of polymer that is folded in half and then cut into small, evenly-sized pieces. These clips are inserted into the tissues being attached, and then the edges of the clip are heat-sealed together. This creates a strong bond between the two tissues
Some of the key players operating in the polymer ligating clips market are Teleflex, Grena, Medtronic, Kangji Medical, Sunstone, Sinolinks, Nanova Biomaterials.
The polymer ligating 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 Polymer Ligating 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 Polymer Ligating Clips Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Polymer Ligating 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 Polymer Ligating 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 Polymer Ligating Clips Market Size & Forecast, 2020-2028
4.5.1 Polymer Ligating Clips Market Size and Y-o-Y Growth
4.5.2 Polymer Ligating 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 M Size
5.2.2 L Size
5.2.3 XL Size
5.2.4 Other
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 Laparoscopic Surgery
6.2.2 Open Surgery
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Polymer Ligating 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 Polymer Ligating 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 M Size
9.6.2 L Size
9.6.3 XL Size
9.6.4 Other
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 Laparoscopic Surgery
9.10.2 Open Surgery
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 M Size
10.6.2 L Size
10.6.3 XL Size
10.6.4 Other
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 Laparoscopic Surgery
10.10.2 Open Surgery
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 M Size
11.6.2 L Size
11.6.3 XL Size
11.6.4 Other
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 Laparoscopic Surgery
11.10.2 Open Surgery
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 M Size
12.6.2 L Size
12.6.3 XL Size
12.6.4 Other
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 Laparoscopic Surgery
12.10.2 Open Surgery
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 M Size
13.6.2 L Size
13.6.3 XL Size
13.6.4 Other
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 Laparoscopic Surgery
13.10.2 Open Surgery
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 Polymer Ligating Clips Market: Competitive Dashboard
14.2 Global Polymer Ligating Clips Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Teleflex
14.3.2 Grena
14.3.3 Medtronic
14.3.4 Kangji Medical
14.3.5 Sunstone
14.3.6 Sinolinks
14.3.7 Nanova Biomaterials
