Surgical Clips Market Size To Reach $2,143.7 Million By 2030

Surgical Clips Market Growth & Trends

The global surgical clips market size is expected to reach USD 2,143.7 million in 2030 and is expected to expand at a CAGR of 16.3% from 2024 to 2030. An increasing number of surgical procedures, the growing geriatric population, ease of operations, cost efficiency, and rising adoption of minimally invasive surgeries are the factors expected to contribute to the market growth. The presence of a large number of players at the global and local levels and their growth strategies to enhance product portfolios are likely to boost the market growth.

The adoption of surgical clips not only in laparoscopic procedures but also in open surgeries is expected to boost their demand in the upcoming years. Minimized incision size during surgeries and improved recovery time are the leading factors fueling the adoption of these devices among surgeons. The rise in robotic surgery procedures due to their high precision and surgical accuracy is also anticipated to play an important role in the market growth.

The market witnessed a slight decline during the COVID-19 pandemic due to canceling elective procedures. With the surgical procedures resuming in most of the regions with strict guidelines and an increasing number of vaccinated people, the market is likely to stabilize under strict guidelines by early 2022.

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Surgical Clips Market Report Highlights

• The ligating clips segment accounted for the largest revenue share of 75.8% in 2023.

• Based on surgery type, the general surgery held the largest share of 74.2% in 2023

• In terms of end use, hospitals segment held the largest share of 65.5% in 2023 due to the large procedural volume and preventive surgeries

• North America held the largest share in 2023 due to the rising adoption of surgical clips over traditional ligation techniques and the increased geriatric population

Surgical Clips Market Segmentation

Grand View Research has segmented the global surgical clips market report on the basis of type, material, surgery, end use, and region:

Surgical Clips Type Outlook (Revenue, USD Million, 2018 - 2030)

• Ligating

• Aneurysm

Surgical Clips Material Outlook (Revenue, USD Million, 2018 - 2030)

• Titanium

• Polymer

• Others

Surgical Clips Surgery Outlook (Revenue, USD Million, 2018 - 2030)

• Automated/ Robotic Assisted Surgery

• General Surgery

Surgical Clips End Use Outlook (Revenue, USD Million, 2018 - 2030)

• Hospitals

• Ambulatory Surgical Centers

• Clinics

Surgical Clips Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • U.K.

  • France

  • Italy

  • Spain

  • Norway

  • Sweden

  • Denmark

• Asia Pacific

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Thailand

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • South Africa

  • Saudi Arabia

  • Kuwait

  • UAE

List of Key Players in Surgical Clips Market

• Ackermann Medical GmbH & Co.

• B. Braun Melsungen AG

• Boston Scientific Corporation

• Edwards Lifesciences Corporation

• Grena Ltd.

• Johnson & Johnson (Ethicon)

• Scanlan International, Inc.

• Teleflex Incorporated.

• MERIL LIFESCIENCES Pvt. Ltd.

• Anrei and Sinolinks