Ligating Clips Market Size, Trends and Insights By Type (Polymer Ligating Clips, Metal Ligating Clips, Haemostatic Ligating Clips, Others), By Application (Surgery, Endoscopy, Vascular Ligations, Others), By Material (Titanium Ligating Clips, Polymer Ligating Clips, Stainless Steel Ligating Clips, Others), By End User (Hospitals and Clinics, Ambulatory Surgical Centres, Research Institutes, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Johnson & Johnson (Ethicon Inc.)
- Medtronic plc
- Braun Melsungen AG
- Teleflex Incorporated
- ConMed Corporation
- Others
Reports Description
As per the current market research conducted by the CMI Team, the global Ligating Clips Market is expected to record a CAGR of 25.1% from 2023 to 2032. In 2023, the market size is projected to reach a valuation of USD 332.5 Million. By 2032, the valuation is anticipated to reach USD 2495.3 Million.
Ligating Clips Specifications
| Feature | Description |
| Clip A | The first clip is to be ligated. |
| Clip B | The second clip is to be ligated. |
| Ligation Site | The specific location where the two clips should be joined together. |
| Ligation Enzyme | The enzyme that will be used to catalyze the ligation reaction. |
| Ligation Buffer | The buffer that will be used to maintain the optimal pH and ionic strength for the ligation reaction. |
| Ligation Temperature | The temperature at which the ligation reaction will be carried out. |
| Ligation Time | The length of time for which the ligation reaction will be allowed to proceed. |
| Ligation Product | The resulting DNA molecule is produced by the ligation reaction. |
Source: According to CMI Market Research Team Analysis
The ligating clips market is a dynamic segment within the medical device industry, characterized by the production and distribution of devices used for ligating or clamping blood vessels or tissues during surgical procedures. Essential in various medical specialties, including general surgery and gynaecology, ligating clips ensure secure closure and haemostasis.
Market trends encompass advancements in materials and design, such as biocompatible and antimicrobial solutions. The demand is driven by factors like an increasing number of surgical procedures, a focus on minimally invasive surgeries, and the ongoing pursuit of innovative technologies that enhance the safety and precision of ligations in diverse healthcare settings.
Ligating Clips Market – Significant Growth Factors
The Ligating Clips Market presents significant growth opportunities due to several factors:
- Increasing Surgical Procedures: The continuous rise in the number of surgical procedures globally, driven by factors like population growth and advancing medical technologies, fuels the demand for ligating clips as crucial tools for secure tissue and vessel closure.
- Growing Preference for Minimally Invasive Surgeries: The increasing preference for minimally invasive surgical techniques necessitates specialized ligating clips. Surgeons favor these clips for their precision in laparoscopic and endoscopic procedures, driving their adoption and market growth.
- Advancements in Ligating Clip Technologies: Ongoing advancements in ligating clip technologies, including the development of biocompatible materials and smart clip solutions, contribute to market growth. Innovations that enhance safety, efficiency, and patient outcomes drive the adoption of ligating clips in various medical applications.
- Rising Geriatric Population: The aging global population presents an opportunity, as older individuals often require surgical interventions. The prevalence of age-related health conditions increases the demand for ligating clips, creating opportunities for market growth.
- Technological Innovations and Product Differentiation: Opportunities lie in continuous technological innovations and product differentiation. Companies can focus on developing ligating clips with advanced features, such as antimicrobial properties or smart technologies, to meet evolving healthcare needs and gain a competitive edge in the market.
- Increasing Healthcare Investments in Emerging Markets: The expanding healthcare infrastructure and increasing investments in emerging markets provide opportunities for ligating clip manufacturers. As healthcare systems in these regions enhance their capabilities, there is a growing demand for advanced surgical tools, including ligating clips, creating potential avenues for market expansion.
Ligating Clips Market – Mergers and Acquisitions
The Ligating Clips Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the Ligating Clips Market include:
- In 2022, China’s National Medical Products Administration (NMPA) granted marketing authorization to MicroPort Urocare Medical Technology (Jiaxing) Co., Ltd. for its innovative Ruyi Clip single-use hemostatic clip device. This approval signifies a regulatory milestone, allowing the company to introduce its advanced medical technology for hemostasis to the Chinese market.
- In 2020, A Taiwanese surgical business launched the InnoClip 5mm multi-fire titanium clip applier. Specifically designed for minimally invasive procedures, this innovative device aims to enhance surgical outcomes by providing precision and efficiency in the secure application of titanium clips during surgeries.
These mergers and acquisitions have helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the Ligating Clips Market. The trend is expected to continue as companies seek to gain a competitive edge in the market.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
| Ligating Clips Market | Surgical Needle Holders Market | Preventive Vaccine Market |
| CAGR 25.1% (Approx) | CAGR 11% (Approx) | CAGR 2% (Approx) |
| USD 2495.3 Million by 2032 | USD 595.07 Million by 2032 | USD 94.75 Billion by 2032 |
Ligating Clips Market – Significant Threats
The Ligating Clips Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:
- Stringent Regulatory Compliance: Stringent regulatory requirements for medical devices pose a challenge. Adhering to complex compliance standards can increase development costs and approval timelines, impacting the market’s agility and competitiveness.
- Emergence of Alternative Closure Technologies: The development and adoption of alternative closure technologies, such as advanced sutures or sealants, pose a threat to traditional ligating clips. These alternatives may offer comparable efficacy, impacting the demand for ligating clips in certain applications.
- Price Sensitivity in Healthcare Systems: Price sensitivity in healthcare systems, especially in budget-constrained settings, can lead to cost considerations. Competitive pricing pressures may affect profit margins for ligating clip manufacturers, posing challenges to market sustainability.
- Global Supply Chain Disruptions: Global supply chain disruptions, as witnessed during events like the COVID-19 pandemic, can impact the availability of raw materials and hinder the production and distribution of ligating clips. Such disruptions pose a threat to the market’s stability.
- Increased Competition Among Market Players: The ligating clips market faces increased competition among players. The entry of new manufacturers and the proliferation of similar products in the market intensify competition, potentially leading to pricing wars and squeezing profit margins for existing companies.
Report Scope
| Feature of the Report | Details |
| Market Size in 2023 | USD 332.5 Million |
| Projected Market Size in 2032 | USD 2495.3 Million |
| Market Size in 2022 | USD 265.8 Million |
| CAGR Growth Rate | 25.1% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Type, Application, Material, End User and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Category-Wise Insights
By Type
- Polymer Ligating Clips: Polymer ligating clips are crafted from biocompatible materials, offering flexibility and ease of use. A trend in the ligating clips market involves the development of advanced polymer clips with enhanced biocompatibility and durability, catering to the demand for minimally invasive surgeries.
- Metal Ligating Clips: Metal ligating clips, made from durable metallic materials, provide strength for secure tissue and vessel ligation. The trend in this segment includes innovations in clip design and materials, ensuring optimal performance and reliability during surgical procedures.
- Haemostatic Ligating Clips: Haemostatic ligating clips are specialized for haemostasis, efficiently controlling bleeding during surgical procedures. The market trend involves the incorporation of advanced haemostatic technologies into ligating clips, enhancing their effectiveness in managing bleeding situations during surgery.
- Others: The “Others” category encompasses ligating clips with unique specifications or materials. Trends involve customization to meet specific clinical needs, with a focus on developing specialized ligating clips for diverse surgical applications, contributing to the versatility of the ligating clips market.
By Application
- Surgery: Ligating clips find extensive application in surgical procedures for secure closure of tissues or vessels. Surgeons rely on these clips for their precision and reliability, ensuring effective haemostasis. Market trends include the integration of advanced materials, promotion safer and more efficient ligations in diverse surgical applications.
- Endoscopy: In endoscopic procedures, ligating clips play a crucial role in non-invasive ligations. The market trend involves the development of clips specifically designed for endoscopy, offering enhanced manoeuvrability and ease of use in minimally invasive settings.
- Vascular Ligations: Ligating clips are specifically designed for vascular ligations, addressing the unique requirements of securing blood vessels during surgeries. Trends include the use of biocompatible materials and advancements in clip design for optimal vascular closure and haemostasis.
- Others: Ligating clips have diverse applications beyond surgery, endoscopy, and vascular ligations. This segment may include applications in various medical specialties, such as gastroenterology or urology. Trends involve customization to meet specific clinical needs and expanding the scope of ligating clip applications.
By Material
- Titanium Ligating Clips: Titanium ligating clips are crafted from biocompatible titanium, known for its corrosion resistance. In the ligating clips market, the trend involves a preference for titanium clips due to their strength, durability, and reduced risk of adverse reactions.
- Polymer Ligating Clips: Polymer ligating clips, made from biocompatible polymers, offer flexibility. Market trends show a rising demand for polymer clips due to their versatility, reduced tissue trauma, and ease of use.
- Stainless Steel Ligating Clips: Stainless steel ligating clips provide strength and corrosion resistance. Market trends include innovations in stainless steel clip designs, ensuring secure ligations in various surgical applications.
- Others: Other ligating clips encompass diverse materials and emerging technologies. Market trends involve ongoing research for advanced materials, including antimicrobial options, to enhance safety and efficacy in diverse surgical settings.
By End User
- Hospitals and Clinics: Hospitals and clinics are primary end users of ligating clips, employing them in various surgical procedures. Trends include a growing demand for advanced ligating clip technologies to enhance precision and safety in surgeries, reflecting a commitment to optimal patient outcomes.
- Ambulatory Surgical Centres: Ambulatory surgical centres utilize ligating clips for outpatient procedures. Trends involve a preference for minimally invasive surgeries, driving the adoption of ligating clips designed for laparoscopic and endoscopic applications.
- Research Institutes: Research institutes employ ligating clips in experimental settings for medical studies. Trends include collaborations with manufacturers to advance ligating clip technologies, and exploring novel materials and designs to improve efficiency and safety in surgical applications.
- Others: Other end users, such as specialty clinics or veterinary practices, utilize ligating clips for specific applications. Trends include customization of ligating clip solutions to address unique requirements across diverse medical and research settings.
Ligating Clips Market – Regional Analysis
The Ligating Clips Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: In North America, a trend is the increasing adoption of smart ligating clip technologies, integrating digital features for enhanced surgical precision. The market sees a surge in demand for biocompatible materials, aligning with the region’s focus on advanced healthcare technologies and patient-centric outcomes.
- Europe: Europe witnesses a trend of heightened emphasis on sustainability in ligating clip manufacturing. Companies are exploring eco-friendly materials and production processes, responding to the region’s strong commitment to environmental consciousness and adherence to stringent healthcare standards.
- Asia-Pacific: In the Asia-Pacific region, a notable trend is the rapid expansion of healthcare infrastructure. Increased investment in medical facilities prompts a rising demand for ligating clips, with a focus on cost-effective solutions to accommodate diverse healthcare settings and varying economic conditions.
- LAMEA (Latin America, Middle East, and Africa): LAMEA demonstrates a trend towards the customization of ligating clips to meet region-specific healthcare challenges. The market sees a growing demand for adaptable solutions, that address unique surgical requirements in different healthcare systems across Latin America, the Middle East, and Africa.
Competitive Landscape – Ligating Clips Market
The Ligating Clips Market is highly competitive, with a large number of manufacturers and retailers operating globally. Some of the key players in the market include:
- Johnson & Johnson (Ethicon Inc.)
- Medtronic plc
- Braun Melsungen AG
- Teleflex Incorporated
- ConMed Corporation
- Grena Ltd.
- Genicon Inc.
- Scanlan International Inc.
- Changzhou Anker Medical Co. Ltd.
- Ovesco Endoscopy AG
- Marlow Medical Group
- Hakko Co. Ltd.
- Hangzhou Kangji Medical Instrument Co, Ltd.
- Surtex Instruments Ltd.
- Gore & Associates
- Others
These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.
Emerging players like Opus Endoscopy and Grena Ltd. are adopting innovation in ligating clip technologies, introducing advancements in materials and design. Their focus on precision, ease of use, and cost-effectiveness positions them as dynamic entrants, contributing fresh perspectives to the ligating clips market. Established leaders such as Johnson & Johnson (Ethicon Inc.), Medtronic, and B. Braun dominate the ligating clips market.
These industry stalwarts leverage extensive experience, global presence, and consistent innovation to offer diverse and comprehensive solutions. Their strong research and development initiatives, coupled with strategic partnerships, position them as key contributors to shaping the market’s trajectory.
The Ligating Clips Market is segmented as follows:
By Type
- Polymer Ligating Clips
- Metal Ligating Clips
- Haemostatic Ligating Clips
- Others
By Application
- Surgery
- Endoscopy
- Vascular Ligations
- Others
By Material
- Titanium Ligating Clips
- Polymer Ligating Clips
- Stainless Steel Ligating Clips
- Others
By End User
- Hospitals and Clinics
- Ambulatory Surgical Centres
- Research Institutes
- Others
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Ligating Clips Market, (2024 – 2033) (USD Million)
- 2.2 Global Ligating Clips Market: snapshot
- Chapter 3. Global Ligating Clips Market – Industry Analysis
- 3.1 Ligating Clips Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increasing Surgical Procedures
- 3.2.2 Growing Preference for Minimally Invasive Surgeries
- 3.2.3 Advancements in Ligating Clip Technologies
- 3.2.4 Rising Geriatric Population
- 3.2.5 Technological Innovations and Product Differentiation
- 3.2.6 Increasing Healthcare Investments in Emerging Markets.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Type
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By Material
- 3.7.4 Market Attractiveness Analysis By End User
- Chapter 4. Global Ligating Clips Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Ligating Clips Market: Company Market Share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaboration, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Ligating Clips Market – Type Analysis
- 5.1 Global Ligating Clips Market Overview: By Type
- 5.1.1 Global Ligating Clips Market Share, By Type, 2022 and – 2033
- 5.2 Polymer Ligating Clips
- 5.2.1 Global Ligating Clips Market by Polymer Ligating Clips, 2024 – 2033 (USD Million)
- 5.3 Metal Ligating Clips
- 5.3.1 Global Ligating Clips Market by Metal Ligating Clips, 2024 – 2033 (USD Million)
- 5.4 Haemostatic Ligating Clips
- 5.4.1 Global Ligating Clips Market by Haemostatic Ligating Clips, 2024 – 2033 (USD Million)
- 5.5 Others
- 5.5.1 Global Ligating Clips Market by Others, 2024 – 2033 (USD Million)
- 5.1 Global Ligating Clips Market Overview: By Type
- Chapter 6. Global Ligating Clips Market – Application Analysis
- 6.1 Global Ligating Clips Market Overview: By Application
- 6.1.1 Global Ligating Clips Market Share, By Application, 2022 and – 2033
- 6.2 Surgery
- 6.2.1 Global Ligating Clips Market by Surgery, 2024 – 2033 (USD Million)
- 6.3 Endoscopy
- 6.3.1 Global Ligating Clips Market by Endoscopy, 2024 – 2033 (USD Million)
- 6.4 Vascular Ligations
- 6.4.1 Global Ligating Clips Market by Vascular Ligations, 2024 – 2033 (USD Million)
- 6.5 Others
- 6.5.1 Global Ligating Clips Market by Others, 2024 – 2033 (USD Million)
- 6.1 Global Ligating Clips Market Overview: By Application
- Chapter 7. Global Ligating Clips Market – Material Analysis
- 7.1 Global Ligating Clips Market Overview: By Material
- 7.1.1 Global Ligating Clips Market Share, By Material, 2022 and – 2033
- 7.2 Titanium Ligating Clips
- 7.2.1 Global Ligating Clips Market by Titanium Ligating Clips, 2024 – 2033 (USD Million)
- 7.3 Polymer Ligating Clips
- 7.3.1 Global Ligating Clips Market by Polymer Ligating Clips, 2024 – 2033 (USD Million)
- 7.4 Stainless Steel Ligating Clips
- 7.4.1 Global Ligating Clips Market by Stainless Steel Ligating Clips, 2024 – 2033 (USD Million)
- 7.5 Others
- 7.5.1 Global Ligating Clips Market by Others, 2024 – 2033 (USD Million)
- 7.1 Global Ligating Clips Market Overview: By Material
- Chapter 8. Global Ligating Clips Market – End User Analysis
- 8.1 Global Ligating Clips Market Overview: By End User
- 8.1.1 Global Ligating Clips Market Share, By End User, 2022 and – 2033
- 8.2 Hospitals and Clinics
- 8.2.1 Global Ligating Clips Market by Hospitals and Clinics, 2024 – 2033 (USD Million)
- 8.3 Ambulatory Surgical Centres
- 8.3.1 Global Ligating Clips Market by Ambulatory Surgical Centres, 2024 – 2033 (USD Million)
- 8.4 Research Institutes
- 8.4.1 Global Ligating Clips Market by Research Institutes, 2024 – 2033 (USD Million)
- 8.5 Others
- 8.5.1 Global Ligating Clips Market by Others, 2024 – 2033 (USD Million)
- 8.1 Global Ligating Clips Market Overview: By End User
- Chapter 9. Ligating Clips Market – Regional Analysis
- 9.1 Global Ligating Clips Market Regional Overview
- 9.2 Global Ligating Clips Market Share, by Region, 2022 & – 2033 (USD Million)
- 9.3. North America
- 9.3.1 North America Ligating Clips Market, 2024 – 2033 (USD Million)
- 9.3.1.1 North America Ligating Clips Market, by Country, 2024 – 2033 (USD Million)
- 9.3.1 North America Ligating Clips Market, 2024 – 2033 (USD Million)
- 9.4 North America Ligating Clips Market, by Type, 2024 – 2033
- 9.4.1 North America Ligating Clips Market, by Type, 2024 – 2033 (USD Million)
- 9.5 North America Ligating Clips Market, by Application, 2024 – 2033
- 9.5.1 North America Ligating Clips Market, by Application, 2024 – 2033 (USD Million)
- 9.6 North America Ligating Clips Market, by Material, 2024 – 2033
- 9.6.1 North America Ligating Clips Market, by Material, 2024 – 2033 (USD Million)
- 9.7 North America Ligating Clips Market, by End User, 2024 – 2033
- 9.7.1 North America Ligating Clips Market, by End User, 2024 – 2033 (USD Million)
- 9.8. Europe
- 9.8.1 Europe Ligating Clips Market, 2024 – 2033 (USD Million)
- 9.8.1.1 Europe Ligating Clips Market, by Country, 2024 – 2033 (USD Million)
- 9.8.1 Europe Ligating Clips Market, 2024 – 2033 (USD Million)
- 9.9 Europe Ligating Clips Market, by Type, 2024 – 2033
- 9.9.1 Europe Ligating Clips Market, by Type, 2024 – 2033 (USD Million)
- 9.10 Europe Ligating Clips Market, by Application, 2024 – 2033
- 9.10.1 Europe Ligating Clips Market, by Application, 2024 – 2033 (USD Million)
- 9.11 Europe Ligating Clips Market, by Material, 2024 – 2033
- 9.11.1 Europe Ligating Clips Market, by Material, 2024 – 2033 (USD Million)
- 9.12 Europe Ligating Clips Market, by End User, 2024 – 2033
- 9.12.1 Europe Ligating Clips Market, by End User, 2024 – 2033 (USD Million)
- 9.13. Asia Pacific
- 9.13.1 Asia Pacific Ligating Clips Market, 2024 – 2033 (USD Million)
- 9.13.1.1 Asia Pacific Ligating Clips Market, by Country, 2024 – 2033 (USD Million)
- 9.13.1 Asia Pacific Ligating Clips Market, 2024 – 2033 (USD Million)
- 9.14 Asia Pacific Ligating Clips Market, by Type, 2024 – 2033
- 9.14.1 Asia Pacific Ligating Clips Market, by Type, 2024 – 2033 (USD Million)
- 9.15 Asia Pacific Ligating Clips Market, by Application, 2024 – 2033
- 9.15.1 Asia Pacific Ligating Clips Market, by Application, 2024 – 2033 (USD Million)
- 9.16 Asia Pacific Ligating Clips Market, by Material, 2024 – 2033
- 9.16.1 Asia Pacific Ligating Clips Market, by Material, 2024 – 2033 (USD Million)
- 9.17 Asia Pacific Ligating Clips Market, by End User, 2024 – 2033
- 9.17.1 Asia Pacific Ligating Clips Market, by End User, 2024 – 2033 (USD Million)
- 9.18. Latin America
- 9.18.1 Latin America Ligating Clips Market, 2024 – 2033 (USD Million)
- 9.18.1.1 Latin America Ligating Clips Market, by Country, 2024 – 2033 (USD Million)
- 9.18.1 Latin America Ligating Clips Market, 2024 – 2033 (USD Million)
- 9.19 Latin America Ligating Clips Market, by Type, 2024 – 2033
- 9.19.1 Latin America Ligating Clips Market, by Type, 2024 – 2033 (USD Million)
- 9.20 Latin America Ligating Clips Market, by Application, 2024 – 2033
- 9.20.1 Latin America Ligating Clips Market, by Application, 2024 – 2033 (USD Million)
- 9.21 Latin America Ligating Clips Market, by Material, 2024 – 2033
- 9.21.1 Latin America Ligating Clips Market, by Material, 2024 – 2033 (USD Million)
- 9.22 Latin America Ligating Clips Market, by End User, 2024 – 2033
- 9.22.1 Latin America Ligating Clips Market, by End User, 2024 – 2033 (USD Million)
- 9.23. The Middle East and Africa
- 9.23.1 The Middle-East and Africa Ligating Clips Market, 2024 – 2033 (USD Million)
- 9.23.1.1 The Middle-East and Africa Ligating Clips Market, by Country, 2024 – 2033 (USD Million)
- 9.23.1 The Middle-East and Africa Ligating Clips Market, 2024 – 2033 (USD Million)
- 9.24 The Middle-East and Africa Ligating Clips Market, by Type, 2024 – 2033
- 9.24.1 The Middle-East and Africa Ligating Clips Market, by Type, 2024 – 2033 (USD Million)
- 9.25 The Middle-East and Africa Ligating Clips Market, by Application, 2024 – 2033
- 9.25.1 The Middle-East and Africa Ligating Clips Market, by Application, 2024 – 2033 (USD Million)
- 9.26 The Middle-East and Africa Ligating Clips Market, by Material, 2024 – 2033
- 9.26.1 The Middle-East and Africa Ligating Clips Market, by Material, 2024 – 2033 (USD Million)
- 9.27 The Middle-East and Africa Ligating Clips Market, by End User, 2024 – 2033
- 9.27.1 The Middle-East and Africa Ligating Clips Market, by End User, 2024 – 2033 (USD Million)
- Chapter 10. Company Profiles
- 10.1 Johnson & Johnson (Ethicon Inc.)
- 10.1.1 Overview
- 10.1.2 Financials
- 10.1.3 Product Portfolio
- 10.1.4 Business Strategy
- 10.1.5 Recent Developments
- 10.2 Medtronic plc
- 10.2.1 Overview
- 10.2.2 Financials
- 10.2.3 Product Portfolio
- 10.2.4 Business Strategy
- 10.2.5 Recent Developments
- 10.3 B. Braun Melsungen AG
- 10.3.1 Overview
- 10.3.2 Financials
- 10.3.3 Product Portfolio
- 10.3.4 Business Strategy
- 10.3.5 Recent Developments
- 10.4 Teleflex Incorporated
- 10.4.1 Overview
- 10.4.2 Financials
- 10.4.3 Product Portfolio
- 10.4.4 Business Strategy
- 10.4.5 Recent Developments
- 10.5 ConMed Corporation
- 10.5.1 Overview
- 10.5.2 Financials
- 10.5.3 Product Portfolio
- 10.5.4 Business Strategy
- 10.5.5 Recent Developments
- 10.6 Grena Ltd.
- 10.6.1 Overview
- 10.6.2 Financials
- 10.6.3 Product Portfolio
- 10.6.4 Business Strategy
- 10.6.5 Recent Developments
- 10.7 Genicon Inc.
- 10.7.1 Overview
- 10.7.2 Financials
- 10.7.3 Product Portfolio
- 10.7.4 Business Strategy
- 10.7.5 Recent Developments
- 10.8 Scanlan International Inc.
- 10.8.1 Overview
- 10.8.2 Financials
- 10.8.3 Product Portfolio
- 10.8.4 Business Strategy
- 10.8.5 Recent Developments
- 10.9 Changzhou Anker Medical Co. Ltd.
- 10.9.1 Overview
- 10.9.2 Financials
- 10.9.3 Product Portfolio
- 10.9.4 Business Strategy
- 10.9.5 Recent Developments
- 10.10 Ovesco Endoscopy AG
- 10.10.1 Overview
- 10.10.2 Financials
- 10.10.3 Product Portfolio
- 10.10.4 Business Strategy
- 10.10.5 Recent Developments
- 10.11 Marlow Medical Group
- 10.11.1 Overview
- 10.11.2 Financials
- 10.11.3 Product Portfolio
- 10.11.4 Business Strategy
- 10.11.5 Recent Developments
- 10.12 Hakko Co. Ltd.
- 10.12.1 Overview
- 10.12.2 Financials
- 10.12.3 Product Portfolio
- 10.12.4 Business Strategy
- 10.12.5 Recent Developments
- 10.13 Hangzhou Kangji Medical Instrument Co
- 10.13.1 Overview
- 10.13.2 Financials
- 10.13.3 Product Portfolio
- 10.13.4 Business Strategy
- 10.13.5 Recent Developments
- 10.14 Gore & Associates.
- 10.14.1 Overview
- 10.14.2 Financials
- 10.14.3 Product Portfolio
- 10.14.4 Business Strategy
- 10.14.5 Recent Developments
- 10.15 Surtex Instruments Ltd.
- 10.15.1 Overview
- 10.15.2 Financials
- 10.15.3 Product Portfolio
- 10.15.4 Business Strategy
- 10.15.5 Recent Developments
- 10.16 Others
- 10.16.1 Overview
- 10.16.2 Financials
- 10.16.3 Product Portfolio
- 10.16.4 Business Strategy
- 10.16.5 Recent Developments
- 10.1 Johnson & Johnson (Ethicon Inc.)
List Of Figures
Figures No 1 to 34
List Of Tables
Tables No 1 to 102
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- Johnson & Johnson (Ethicon Inc.)
- Medtronic plc
- Braun Melsungen AG
- Teleflex Incorporated
- ConMed Corporation
- Grena Ltd.
- Genicon Inc.
- Scanlan International Inc.
- Changzhou Anker Medical Co. Ltd.
- Ovesco Endoscopy AG
- Marlow Medical Group
- Hakko Co. Ltd.
- Hangzhou Kangji Medical Instrument Co, Ltd.
- Surtex Instruments Ltd.
- Gore & Associates
- Others
FAQs
The key factors driving the Market are Increasing Surgical Procedures, Growing Preference for Minimally Invasive Surgeries, Advancements in Ligating Clip Technologies, Rising Geriatric Population, Technological Innovations and Product Differentiation And Increasing Healthcare Investments in Emerging Markets.
The “Polymer Ligating Clips” category dominated the market in 2022.
The key players in the market are Johnson & Johnson (Ethicon Inc.), Medtronic plc, B. Braun Melsungen AG, Teleflex Incorporated, ConMed Corporation, Grena Ltd., Genicon Inc., Scanlan International Inc., Changzhou Anker Medical Co. Ltd., Ovesco Endoscopy AG, Marlow Medical Group, Hakko Co. Ltd., Hangzhou Kangji Medical Instrument Co, Ltd., Surtex Instruments Ltd., Gore & Associates, Others.
“Europe” had the largest share in the Ligating Clips Market.
The global market is projected to grow at a CAGR of 25.1% during the forecast period, 2023-2032.
The Ligating Clips Market size was valued at USD 332.5 Million in 2023.