Market Overview:
The global 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. The polymer ligation clips segment is expected to grow at a higher CAGR than the metal ligation clips segment during the forecast period. By application, the laparoscopic surgery segment is expected to grow at a higher CAGR than open surgery during the forecast period. North America dominates the global ligation clips market, followed by Europe and Asia Pacific.
Product Definition:
Ligating clips are small metal devices that are used to close off blood vessels. They are often used during surgery to control bleeding.
Polymer Ligating Clips:
Polymer ligating clips are used in dental applications to provide adhesion and support for restorative materials during the healing process. The product is available in various forms such as round, flat, and ovate among others. It can be customized according to the requirements of end-users through different types of polymers including acrylic, nylon & polyester among others.
Metal Ligating Clips:
Metal ligating clips are used in ligation clips market for securing paper or thin cardboards during binding. Metal ligating clip is available in different sizes and shapes as per the requirement of customer. The metal clip has a wide application area including office stationery, catalogs, magazines, books and many more. It’s easy to use and install feature makes it popular among customers which are the main drivers for this product's growth in recent years.
Application Insights:
The laparoscopic surgery segment dominated the global ligating clips market in 2017. This is attributed to increasing number of laparoscopic surgeries and rising demand for ligating clips during these procedures. According to a study published in 2018 by NCBI, around 1,000-1,500 gallstones are removed through laparoscopy every year across the world. Furthermore, increasing adoption of minimally invasive procedures for various diseases has been driving the growth of this segment over the past few years.
Open surgery is expected to be one of the fastest growing segments due to rise in number of open surgeries and increase in awareness about health issues among consumers globally.
Regional Analysis:
North America dominated the global ligating clips market in 2017 owing to the increasing number of laparoscopic and open surgeries performed in U.S. According to a study published by National Center for Health Statistics, in U.S., approximately 1,329,900 surgical procedures were performed using instruments with clamps or ties during 2014-2015 period.
Asia Pacific is expected to be one of the fastest growing regions over the forecast period due to rising healthcare expenditure by governments along with an increase in awareness about benefits associated with minimally invasive surgeries such as laparoscopic surgery.
Growth Factors:
- Increasing incidence of cancer: The increasing incidence of cancer is the major growth driver for the ligation clips market. According to the World Health Organization (WHO), in 2012, there were 14 million new cases of cancer and 8.2 million deaths due to cancer worldwide. This number is expected to increase to 21 million new cases and 13 million deaths by 2030. This will create a high demand for ligation clips as they are used for tumor removal during surgery.
- Rising awareness about early diagnosis and treatment: There is an increasing awareness among people about the importance of early diagnosis and treatment of diseases, including cancer. This has led to an increase in the number of people opting for surgical procedures, which in turn is driving the demand for ligation clips market globally.
- Technological advancements: The technological advancements in laparoscopic surgery are aiding faster recovery times after surgeries and are also reducing post-operative complications associated with traditional open surgeries thereby fueling the growth of global ligation clips market . For instance, laparoscopic surgery involves use tiny incisions through which a camera lens and other surgical instruments are inserted into the body cavity that helps surgeon see inside organs clearly without having to make large cuts on patient’s skin thus reducing pain, blood loss, scarring etc..
Scope Of The Report
Report Attributes
Report Details
Report Title
Ligating Clips Market Research Report
By Type
Polymer Ligating Clips, Metal Ligating Clips
By Application
Laparoscopic Surgery, Open Surgery
By Companies
Teleflex, Grena, Medtronic, Johnson & Johnson, B. Braun, Sinolinks, Nanova Biomaterials, Welfare Medical, 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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Ligating Clips Market Report Segments:
The global Ligating Clips market is segmented on the basis of:
Types
Polymer Ligating Clips, Metal Ligating Clips
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
- Johnson & Johnson
- B. Braun
- Sinolinks
- Nanova Biomaterials
- Welfare Medical
- Hangzhou Kangji Medical Instrument
- Hangzhou Sunstone Technology
Highlights of The 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:
- Polymer Ligating Clips
- Metal Ligating Clips
- 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 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Ligating clips are a type of surgical clip that is inserted into the body through small incisions. They are used to hold tissue together during surgery and can be attached to other clips or wires for added support.
Some of the key players operating in the ligating clips market are Teleflex, Grena, Medtronic, Johnson & Johnson, B. Braun, Sinolinks, Nanova Biomaterials, Welfare Medical, Hangzhou Kangji Medical Instrument, Hangzhou Sunstone Technology.
The ligating clips market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ligating Clips Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ligating Clips Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ligating Clips Market - Supply Chain
4.5. Global Ligating Clips Market Forecast
4.5.1. Ligating Clips Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ligating Clips Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ligating Clips Market Absolute $ Opportunity
5. Global Ligating Clips Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ligating Clips Market Size and Volume Forecast by Type
5.3.1. Polymer Ligating Clips
5.3.2. Metal Ligating Clips
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ligating Clips Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ligating Clips Market Size and Volume Forecast by Application
6.3.1. Laparoscopic Surgery
6.3.2. Open Surgery
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ligating Clips Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ligating Clips Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ligating Clips Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ligating Clips Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ligating Clips Demand Share Forecast, 2019-2026
9. North America Ligating Clips Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ligating Clips Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ligating Clips Market Size and Volume Forecast by Application
9.4.1. Laparoscopic Surgery
9.4.2. Open Surgery
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ligating Clips Market Size and Volume Forecast by Type
9.7.1. Polymer Ligating Clips
9.7.2. Metal Ligating Clips
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ligating Clips Demand Share Forecast, 2019-2026
10. Latin America Ligating Clips Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ligating Clips Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ligating Clips Market Size and Volume Forecast by Application
10.4.1. Laparoscopic Surgery
10.4.2. Open Surgery
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ligating Clips Market Size and Volume Forecast by Type
10.7.1. Polymer Ligating Clips
10.7.2. Metal Ligating Clips
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ligating Clips Demand Share Forecast, 2019-2026
11. Europe Ligating Clips Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ligating Clips Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ligating Clips Market Size and Volume Forecast by Application
11.4.1. Laparoscopic Surgery
11.4.2. Open Surgery
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ligating Clips Market Size and Volume Forecast by Type
11.7.1. Polymer Ligating Clips
11.7.2. Metal Ligating Clips
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ligating Clips Demand Share, 2019-2026
12. Asia Pacific Ligating Clips Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ligating Clips Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ligating Clips Market Size and Volume Forecast by Application
12.4.1. Laparoscopic Surgery
12.4.2. Open Surgery
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ligating Clips Market Size and Volume Forecast by Type
12.7.1. Polymer Ligating Clips
12.7.2. Metal Ligating Clips
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ligating Clips Demand Share, 2019-2026
13. Middle East & Africa Ligating Clips Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ligating Clips Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ligating Clips Market Size and Volume Forecast by Application
13.4.1. Laparoscopic Surgery
13.4.2. Open Surgery
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ligating Clips Market Size and Volume Forecast by Type
13.7.1. Polymer Ligating Clips
13.7.2. Metal Ligating Clips
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ligating Clips Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ligating Clips Market: Market Share Analysis
14.2. Ligating Clips Distributors and Customers
14.3. Ligating Clips Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Teleflex
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Grena
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Medtronic
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Johnson & Johnson
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. B. Braun
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sinolinks
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nanova Biomaterials
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Welfare Medical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Hangzhou Kangji Medical Instrument
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hangzhou Sunstone Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
