Product ID: UCMIG35A2308
Report ID:
UCMIG35A2308 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global market size for surgical clips was valued at USD 367.5 million in 2020 and is projected to grow at a CAGR of 26.7% from 2021 to 2028. The increasing adoption of minimally invasive techniques, which offer benefits such as shorter recovery times, reduced hospital stays, minimized post-surgery complications, and convenient treatment options even for the geriatric population, is driving market growth. These factors are contributing to the growing demand for surgical clips in the market.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Equipment by segment aggregation, the contribution of the Health Care Equipment in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG35A2308