Market Overview:
The global vascular clip market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of cardiovascular diseases, technological advancements in vascular clip devices, and rising demand for minimally invasive surgeries. Based on type, the global vascular clip market is segmented into femoral clips and radial clips. Femoral clips are expected to account for the majority share of the market in 2018 owing to their wide usage in surgical procedures such as aneurysm clipping and ligation of bleeding vessels during surgery. Radial clips are used for occlusion or control of blood flow from small vessels. They are also used as an adjunct during cardiac procedures such as coronary artery bypass grafting (CABG) and percutaneous transluminal coronary angioplasty (PTCA). Based on application, the global vascular clip market is segmented into surgical operations and other applications. Surgical operations accounted for a major share of the global vascular clip market in 2017 due to their widespread use across various medical specialties such as cardiology, neurology, urology, gynecology, and general surgery.
Product Definition:
A vascular clip is a small device that is used to close off an artery or vein. It is usually made of stainless steel or titanium and has two arms that are spring-loaded. The clip is placed over the vessel and the arms are released, which causes the clip to close around the vessel. This prevents blood from flowing through the vessel and it can be used to stop bleeding or to keep an artery open during surgery.
Femoral:
Femoral is a Latin word which means of or pertaining to the femur bone. The femoral market is expected to grow at a significant rate owing to increasing incidences of vascular disease and trauma cases across the globe. According to NCBI, about 2 million people suffer from a deep vein thrombosis (DVT) in the U.S every year and it leads to around 600,000 deaths each year accounting for about 1% of all deaths worldwide.
Radial:
Radial is a medical device used to seal or close a blood vessel. It's basically an expandable stent that is inserted into the blood vessel and then it gets expanded once inside the blood vessel. The main function of radial is to prevent re-accumulation of atherosclerotic plaque in coronary arteries, which can cause myocardial infarction (MI) or stroke if not treated at early stages.
Application Insights:
Based on application, the global vascular clip market is segmented into surgical operation and others. The surgical operation segment dominated the overall market in terms of revenue in 2017 owing to a high prevalence of cardiovascular diseases and rising number of surgeries being performed annually. According to data published by WHO, it has been estimated that over 1 billion people suffer from some form of cardiovascular disease globally which accounts for around 17% of all deaths caused by disease worldwide. Thus, increasing incidence rate coupled with growing awareness about early diagnosis is expected to drive demand for vascular clips during the forecast period.
The other application segment includes trauma surgery as well as non-surgical applications such as angioplasty or stent implantation procedures carried out either at home or a hospital setting under direct supervision by healthcare professionals trained in these procedures only.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare spending levels in this region. Moreover, increasing incidence of cardiovascular diseases and growing number of surgeries due to various factors are also driving regional growth.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing its developing economy along with rising geriatric population prone towards chronic conditions such as cardiac disorders and stroke which can be treated using vascular clips.
Growth Factors:
- Increasing incidence of vascular diseases: The global prevalence of vascular diseases is increasing at an alarming rate. This is primarily due to the changing lifestyle and dietary habits of people across the world. As a result, there is an increased demand for effective and minimally invasive treatments for these conditions, such as vascular clips.
- Technological advancements: The development of novel technologies has led to the introduction of advanced and more efficient clip systems in the market. This has helped to boost growth in the global vascular clip market significantly over the past few years.
- Rising awareness about benefits of using clips: There is a growing awareness among healthcare professionals about the benefits offered by using clips for treating various types of vascular diseases, which is helping to drive demand for these devices globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vascular Clip Market Research Report
By Type
Femoral, Radial
By Application
Surgical Operation, Others
By Companies
Terumo Corporation, Cardinal Health Inc, Abbott, Cardiva Medical Inc, B.Braun
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 Vascular Clip Market Report Segments:
The global Vascular Clip market is segmented on the basis of:
Types
Femoral, Radial
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
Surgical Operation, 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:
- Terumo Corporation
- Cardinal Health Inc
- Abbott
- Cardiva Medical Inc
- B.Braun
Highlights of The Vascular Clip 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:
- Femoral
- Radial
- By Application:
- Surgical Operation
- 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 Vascular Clip 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.
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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?
A vascular clip is a medical device that is inserted into an artery to prevent it from bleeding.
Some of the major players in the vascular clip market are Terumo Corporation, Cardinal Health Inc, Abbott, Cardiva Medical Inc, B.Braun.
The vascular clip market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vascular Clip 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. Vascular Clip Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vascular Clip Market - Supply Chain
4.5. Global Vascular Clip Market Forecast
4.5.1. Vascular Clip Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vascular Clip Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vascular Clip Market Absolute $ Opportunity
5. Global Vascular Clip 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. Vascular Clip Market Size and Volume Forecast by Type
5.3.1. Femoral
5.3.2. Radial
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vascular Clip 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. Vascular Clip Market Size and Volume Forecast by Application
6.3.1. Surgical Operation
6.3.2. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vascular Clip 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. Vascular Clip 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 Vascular Clip 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. Vascular Clip 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 Vascular Clip Demand Share Forecast, 2019-2026
9. North America Vascular Clip 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 Vascular Clip 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 Vascular Clip Market Size and Volume Forecast by Application
9.4.1. Surgical Operation
9.4.2. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vascular Clip Market Size and Volume Forecast by Type
9.7.1. Femoral
9.7.2. Radial
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 Vascular Clip Demand Share Forecast, 2019-2026
10. Latin America Vascular Clip 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 Vascular Clip 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 Vascular Clip Market Size and Volume Forecast by Application
10.4.1. Surgical Operation
10.4.2. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vascular Clip Market Size and Volume Forecast by Type
10.7.1. Femoral
10.7.2. Radial
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 Vascular Clip Demand Share Forecast, 2019-2026
11. Europe Vascular Clip 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 Vascular Clip 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 Vascular Clip Market Size and Volume Forecast by Application
11.4.1. Surgical Operation
11.4.2. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vascular Clip Market Size and Volume Forecast by Type
11.7.1. Femoral
11.7.2. Radial
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 roduct Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vascular Clip Demand Share, 2019-2026
12. Asia Pacific Vascular Clip 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 Vascular Clip 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 Vascular Clip Market Size and Volume Forecast by Application
12.4.1. Surgical Operation
12.4.2. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vascular Clip Market Size and Volume Forecast by Type
12.7.1. Femoral
12.7.2. Radial
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 Vascular Clip Demand Share, 2019-2026
13. Middle East & Africa Vascular Clip 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 Vascular Clip 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 Vascular Clip Market Size and Volume Forecast by Application
13.4.1. Surgical Operation
13.4.2. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vascular Clip Market Size and Volume Forecast by Type
13.7.1. Femoral
13.7.2. Radial
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 Vascular Clip Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vascular Clip Market: Market Share Analysis
14.2. Vascular Clip Distributors and Customers
14.3. Vascular Clip Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Terumo Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cardinal Health Inc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Abbott
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cardiva Medical Inc
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. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
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
