Global Endoscopic Clips
Market Report
2024
Delivery Includes:- Market Timeline 2019 till 2031, Market Size, Revenue/Volume Share, Forecast and CAGR, Competitor Analysis, Regional Analysis, Country Analysis, Segment Analysis, Market Trends, Drivers, Opportunities, Restraints, ESG Analysis, Porters Analysis, PESTEL Analysis, Market Attractiveness, Patent Analysis, Technological Trend, SWOT Analysis, COVID-19 Analysis, Consumer Behavior Analysis, etc.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the Global Endoscopic Clips Market Size will be USD XX Billion in 2023 and is set to achieve a market size of USD XX Billion by the end of 2031 growing at a CAGR of XX% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Market Size | 121212 |
Country Market Size | 121212 |
North Americ Market Size | 121212 |
Europe Market Size | 121212 |
Asia Pacific Market Size | 121212 |
South America Market Size | 121212 |
Middle East and Africa Market Size | 121212 |
Market Drivers:
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Market Restrains:
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Market Trends:
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Market Split by Product |
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Market Split by Application |
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Market Split by End User |
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Market Split by Conclusion | |
List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Endoscopic Clips industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Endoscopic Clips Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
It is a specialized instrument used in achieving tissue approximation and treating diseases, such as gastric ulcers which always result in gastrointestinal bleeding. Endoscopic clips are also known as hemoclips or endoclips devices. These tiny devices offer precise control and minimal tissue trauma, making them essential components in various therapeutic interventions such as endoscopic mucosal resection (EMR), endoscopic submucosal dissection (ESD), and closure of perforations or gastrointestinal leaks. Endoscopic clips have several benefits over conventional surgical treatments, including a quicker recovery period, less discomfort, and a lesser chance of infection. The development of biodegradable and antimicrobial endoscopic clips is anticipated to drive up demand for endoscopic clips. Additionally, the preference for minimally invasive procedures is growing, and endoscopic clip technology advances are driving the market revenue growth. The increasing burden of digestive diseases and gastrointestinal disorders in people across the world is a prime factor that is projected to boost demand for endoscopic clips in the future. The utilization of endoscopic clips in healthcare facilities is subject to government laws and rules, which are expected to drive market revenue growth. For instance, the Food and Drug Administration (FDA) of the United States has issued recommendations for the safe application of endoscopic clips during gastrointestinal operations, which are likely to increase the use of endoscopic clips across the country.
(Source-https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3980655/)
The world has witnessed the demand for minimally invasive and non-invasive procedures and a notable increase in the prevalence of gastrointestinal health diseases such as colorectal cancers, gastroesophageal reflux disease (GERD), gastroesophageal hemorrhages, inflammatory bowel disease, etc. The minimally invasive procedures have evolved into highly accurate, sensitive, and less invasive surgical procedures, and also owing to benefits like lesser hospital stays, reduction in cost, better patient experience, and faster recovery is attributed to the growth of the market. For Instance, According to Olympus Medical, more than 22.5 million upper and lower outpatient GI endoscopy procedures are conducted in the United States each year, with an estimated 527,000 clips implanted. This, together with the benefits provided by upgraded clip characteristics such as greater vision, superior lesion access, and lower operative costs, is expected to boost market expansion.
(Source-https://medical.olympusamerica.com/articles/olympus-launches-new-hemostasis-clip-advanced-control-gi-endoscopy)
Furthermore, With the growing number of diseases, it is predicted to have an extreme effect on the sales of endoscopic clips during the forecast period. Endoscopic clips play a major role in the treatment and management of the aforementioned conditions, which is projected to benefit market expansion in the long run. For Instance, Colorectal cancer is the third most common cancer globally, accounting for 10% of all cases and the second leading cause of cancer-related deaths. It primarily affects older individuals aged 50 and above. Lifestyle factors like high processed meat consumption, sedentary lifestyle, obesity, smoking, and excessive alcohol consumption contribute to its development. Colorectal cancer is often diagnosed at advanced stages but can be significantly reduced by adopting a healthy lifestyle, avoiding risk factors, and practicing early detection through screening.
(Source-https://www.who.int/news-room/fact-sheets/detail/colorectal-cancer)
There can be severe effects due to the usage of endoscopic clips like heavy rectal bleeding, fever, abdominal pain, sweats, and chills and preventive issues are the major concern at most healthcare centers. According to the American Journal of Roentgenology, most of the centers (62%) do not perform MRI on patients with confirmed gastrointestinal endoscopic clips, as many as 36% may proceed if certain conditions are met.
(Source-https://ajronline.org/doi/full/10.2214/AJR.16.17521)
The market for MRI with endoscopic clips is facing challenges, with 16% of centers scheduling MRI examinations more than six weeks after endoscopy, despite evidence that some endoscopic clips can stay in the human intestine for up to 33 weeks. Additionally, 18% of centers perform MRI with magnetic field strengths limited to 1.5 T, which still shows that even weaker magnetic fields may interact with some endoscopic clip models and detach them from the gut wall. Regardless, of various safety measures reported for patients undergoing MRI with endoscopic clips, these measures are used by only a small proportion of centers, which may act as a limiting factor for market growth.
(Source-https://ajronline.org/doi/full/10.2214/AJR.16.17521)
Endoscopic surgery has grown more prominent among surgical specialties. Surgeons throughout the world have used this procedure to get good outcomes with fewer scars and lower morbidity. Plastic and reconstructive doctors have advanced this technique significantly during the previous three years.1-5. The market of endoscopic clips has the potential for significant growth, due to the growing number of endoscopic procedures operated throughout the world. These procedures have become indispensable in both diagnostic and therapeutic realms of medicine, revolutionizing the way diseases are diagnosed and treated. The continuous advancement in endoscopic technologies and techniques has led to increased procedural efficacy, reduced invasiveness, and improved patient outcomes. These are increasingly preferred over traditional surgical interventions, boosting the demand for endoscopic clips.
The Endoscopic Clips Market has experienced significant impacts as a result of the COVID-19 pandemic. There was a significant decrease in the number of procedures conducted during the pandemic. According to the study published in the Journal of Clinical and Translational Gastroenterology in June 2021, by the Clinical and Translational Gastroenterology, non-urgent endoscopic treatments were postponed due to contamination concerns. The study found that endoscopy was the most often postponed operation during the COVID-19 pandemic. Furthermore, the endoscopy centers were going through financial strain due to a reduction in the number of procedures from lockdowns across the globe. The centers have undergone significant changes to adapt to this rapidly evolving situation and have taken unprecedented precautions to avoid the transmission of the virus. As a result, the COVID-19 pandemic had an enormous impact on market growth in its early phases. However, the post-COVID-19 situation is projected to expand rapidly as pending procedures will increase in the surgical volume.
(Source-https://www.frontiersin.org/journals/medicine/articles/10.3389/fmed.2020.587602/full)
(Source-https://www.cookmedical.com/newsroom/instinct-plus/)
(Source-https://www.steris.com/healthcare/products/endoscopy-devices)
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To meet the increasing demands of consumers the industry players are now investing and giving more attention to their research and development of Endoscopic Clips so that they sustain and survive in the competition. ensuring a competitive edge. Robust distribution networks and adherence to quality standards amplify market presence, fostering an environment where agility and innovation define industry leaders.
Top Companies Market Share in Endoscopic Clips Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Research, the North American region dominated the market and accounted for the highest revenue of XX% in 2023 and it is projected that it will grow at a CAGR of XX% in the future. This growth is supported by the rise in arterial bleeding among cardiac patients and GI-related surgeries in the United States. For Instance, according to the World Gastroenterology Organization report published in 2018, the prevalence of GERD ranges from 18% to 28% in North America, which is likely to fuel the market.
(Source-https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6140167/)
Asia-Pacific is projected to grow at a CAGR of XX% over the period. This region is witnessing rapid economic development, urbanization, and improving healthcare infrastructure. additionally, an increase in a rising prevalence of gastrointestinal diseases and an aging population, stimulate demand for endoscopic operations and related products, including clips. However, market growth is impeded by price competition and reimbursement constraints.
The current report Scope analyzes Endoscopic Clips Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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According to Cognitive Market Research, the North America Endoscopic Clips Market Size will be USD XX Billion in 2023 and is set to achieve a market size of USD XX Billion by the end of 2031 growing at a CAGR of XX% from 2024 to 2031.
According to Cognitive Market Research, the Europe Endoscopic Clips Market Size will be USD XX Billion in 2023 and is set to achieve a market size of USD XX Billion by the end of 2031 growing at a CAGR of XX% from 2024 to 2031.
According to Cognitive Market Research, the Asia-Pacific Endoscopic Clips Market Size will be USD XX Billion in 2023 and is set to achieve a market size of USD XX Billion by the end of 2031 growing at a CAGR of XX% from 2024 to 2031.
According to Cognitive Market Research, the South America Endoscopic Clips Market Size will be USD XX Billion in 2023 and is set to achieve a market size of USD XX Billion by the end of 2031 growing at a CAGR of XX% from 2024 to 2031
According to Cognitive Market Research, the Middle East and Africa Endoscopic Clips Market Size will be USD XX Billion in 2023 and is set to achieve a market size of USD XX Billion by the end of 2031 growing at a CAGR of XX% from 2024 to 2031.
Global Endoscopic Clips Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Endoscopic Clips Industry growth. Endoscopic Clips market has been segmented with the help of its Product, Application End User, and others. Endoscopic Clips market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Endoscopic Clips market.
Product of Endoscopic Clips analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Endoscopic Clips Industry. Request a Free Sample PDF!
The Hemostasis segment accounts for the largest market share and is expected to rise over the period. Hemostasis clips are applied to prevent gastrointestinal bleeding in the stomach and are usually used to cure bleeding ulcers after polyp surgery. It provides splendid mucosal adherence and hence is the preferred choice for gastrointestinal applications of all sorts. Endoscopic marking is the fastest-growing segment during the forecast period. It is used to place the markers or clips within the gastrointestinal tract to delineate specific anatomical sites, lesions, or areas of interest. They serve as a reference for subsequent interventions that aid in navigation, targeting, and accurate localization within the gastrointestinal lumen. A rising focus on patient safety is projected to contribute to high endoscopic slip demand for endoscopic marking in the future.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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The hospital segment accounts for the largest market share and is expected to rise over the period. This is due to patient inflow in hospitals for the diagnosis and treatment of GI disorders, as well as the availability of advanced endoscopic equipment and skilled healthcare professionals. The University of Pittsburgh has built a one-of-a-kind high-tech research, training, and innovation center for industry partners focused on developing surgical methods. The center will collaborate closely with businesses to address their problems and enhance minimally invasive surgical techniques across disciplines.
Ambulatory Surgical Centers (ASCs) are the fastest-growing segment during the forecast period. it provides outpatient surgical procedures conveniently and cost-effectively, making them increasingly popular among patients and health providers. This usually involves shorter recovery times, reduced hospital stays, and lower healthcare costs compared to traditional hospital settings. The demand is driven by the growing trend towards minimally invasive surgeries and the expanding scope of endoscopic interventions in outpatient settings.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
With the help of the above study about the Endoscopic Clips market, it can be concluded that the market for Endoscopic Clips worldwide is expected to develop significantly in the near future. From the report, one can understand and infer the market dynamics, segmentations, status and trends, and key players in the market. It provides data regarding various topics such as market dimensions, prevailing trends, competitive landscape, and the outlook for prospective expansion. This allows the reader to understand and access reliable data about the market and industry.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
https://www.cookmedical.com/newsroom/instinct-plus/
https://www.steris.com/healthcare/products/endoscopy-devices
Disclaimer:
Product | Single-Use, Reusable |
Application | Endoscopic Marking, Hemostasis, Others |
End User | Hospitals, Ambulatory Surgical centers, Clinics, Others |
Conclusion | |
List of Competitors | Cook Endoscopy, Ovesco Endoscopy, B. Braun SE, Johnson & Johnson, Cook Medical LLC, Pentax Medical Company, Teleflex Incorporated, Medtronic plc, Olympus Corporation, Boston Scientific Corporation, CONMED Corporation, STERIS plc, Erbe Elektromedizin GmbH, Wilson-Cook Medical Inc. |
This chapter will help you gain GLOBAL Market Analysis of Endoscopic Clips. Further deep in this chapter, you will be able to review Global Endoscopic Clips Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by End User Analysis 2019 -2031
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Chapter 13 Market Split by Conclusion Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Endoscopic Clips market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Single-Use have a significant impact on Endoscopic Clips market? |
What are the key factors affecting the Single-Use and Reusable of Endoscopic Clips Market? |
What is the CAGR/Growth Rate of Endoscopic Marking during the forecast period? |
By type, which segment accounted for largest share of the global Endoscopic Clips Market? |
Which region is expected to dominate the global Endoscopic Clips Market within the forecast period? |
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