Data Bridge Market Research analyses that the ligature clips market which was USD 450 million in 2021, would rocket up to USD 675.05 million by 2029, and is expected to undergo a CAGR of 5.20% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Ligature Clips Market Analysis and Size

The market for ligature clips is expected to grow during the forecast period 2022-2029. Intended use of Ackermann ligature clips are indicated for use in surgical procedures on vessels or other tubular structures where a ligating clip is required. The device is intended to occlude the tubular structure by compression.

Market Definition

In the case of a surgical ligature clip with two retaining arms, the arms are bendable in such a way towards one another that they move from an open position, in which they are further apart from one another, into a closed position. Each retaining arm is connected to the other in each case at one end by a deformable connection point.

Global Ligature Clips Market Dynamics

Drivers

Surging volume of patients suffering from chronic conditions

According to the Centers for Disease Control and Prevention, 60% of older persons have at least two chronic health issues, and 85% have one or more. Managing numerous chronic illnesses is a significant difficulty for many older adults. People with chronic diseases may have different needs, but they can have similar difficulties to other older adults, such as paying for care or navigating the complexities of the healthcare system. This will boost the market growth.

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Some of the major players operating in the ligature clips market are:

B. Braun Melsungen AG (Germany)

Grena Ltd. (U.K.)

The Cooper Companies, Inc. (U.K.)

Medtronic (Ireland)

Genicon, Inc. (U.S.)

Applied Medical Resources Corporation (U.S.)

Teleflex Incorporated (U.S.)

Olympus Corporation (Japan)

Conmed (U.S.)

Johnson & Johnson Services Inc. (U.S.)

Global Ligature Clips Market Scope

The ligature clips market is segmented on the basis of product, application, procedure type and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

Handheld Instruments

Accessories

Procedure Type

Minimally Invasive Surgeries

Open Surgeries

Application

Gastrointestinal and Abdominal Surgeries

Gynecological Surgeries

Cardiothoracic Surgeries

Urological Surgeries

Others

End-User

Hospitals

Ambulatory Surgical Centers

Others

Ligature Clips Market Regional Analysis/Insights

The ligature clips market is analysed and market size insights and trends are provided by country, product, application procedure type and end-user as referenced above.

The countries covered in the ligature clips market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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