Endoscopic Clips Market Size & Share, by Application (Endoscopic Marking, Hemostasis); End-user (Hospitals, Ambulatory Surgical Centers, Clinics) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 4539
  • Published Date: Feb 24, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2023-2033

Endoscopic Clips Market size is expected to surpass USD 560 Million by the end of 2033, growing at a CAGR of 6% during the forecast period, i.e., 2023-2033. In the year 2022, the industry size of endoscopic clips was USD 380 Million. The growth of the market can be attributed to the rising prevalence of gastrointestinal bleeding disorders among the population globally. Moreover, the rising gastrointestinal bleeding cases is projected to increase the adoption rate of endoscopic clips in the process of treatment. According to estimates, approximately 80 to 180 out of 100,000 people get upper gastrointestinal bleeding (UGIB) each year in the United Kingdom. The estimated death rates range from 2 to 15%. Furthermore, the increasing use of anti-inflammatory drugs, alcohol consumption, high levels of stomach acid, and the formation of ulcers or sores are the leading causes of gastrointestinal bleeding.

 An endoscopic clip is a device that is used in achieving tissue approximation and treating diseases, such as gastric ulcers which always result in gastrointestinal bleeding. Furthermore, technological advancement in medical imaging devices is expected to boost the market growth. The high investment in the healthcare segment is bolstering the adoption of endoscopic clips for efficient and effective results. For instance, Sedasys, a division of Ethicon Endo-Surgery, Inc. (Ethicon), announced that the FDA has given PMA approval for the SEDASYS System, the first computer-assisted personalized sedation (CAPS) system. To avoid misdiagnosis of gastrointestinal disorders, advancement in the light endoscopy is required. The introduction of high-definition endoscopy helped detect abnormalities such as neoplastic, preneoplastic, and inflammation situations.

Get more information on this report: Request Free Sample PDF

Endoscopic Clips Sector: Growth Drivers and Challenges

Growth Drivers

  • Rising Adoption of Minimally Invasive Therapies as they Reduce Recovery Time and Pain - One of the treatments falling under minimally invasive therapies is endoscopy. Since endoscopic treatment is more convenient, its demand is expected to increase, ultimately leading to a boost in the growth of the market. According to the NCBI, the most crucial factors that patients cited when selecting between open and MIS surgery were long-term outcomes, the surgeon's advice, and the likelihood of complications. In terms of postoperative discomfort, complication risk, recovery time, expense, and need for anesthesia, patients also believed that MIS surgery had advantages over open surgery. Most patients appear to favor minimally invasive methods of treatment.

  • Growing Cases of Gastroesophageal Reflux Disease (GERD) with Changing Eating Habits - GERD is one of the most widespread gastrointestinal conditions, affecting 20% of adults in western countries.

  • Growing Prevalence of Colon & Pancreatic Cancers Among People - In 2020, pancreatic cancer was anticipated to affect approximately 495,700 individuals globally.

  • Improved Healthcare Infrastructure with Growing Concern for Health by the Government and Population - As per the World Health Organization, by 2030, the world will have achieved universal health coverage (UHC), as stated in the Sustainable Development Goals (SDGs). This means that without incurring financial hardship, every individual and community in the globe should have access to the high-quality health care they require, whether it is preventive, curative, therapeutic, or palliative.

  • Huge Investment by the Private Institution for Development - BMC Medical Education held 14 videoconferences at associated institutions from 2014 to 2019 to review and improve surgeons' skills in performing ES. These sessions included an uncut video of ES performed at one of the associated facilities, candid discussion about the surgical procedure, and expert surgeon recommendations for improvements. Anatomical structures and operations that are challenging to verbally describe to an audience can be quickly and easily recognized by them with the help of the annotation system.


  • Side Effects of Using Endoscopic Clips - Side effects of endoscopic clips include severe abdominal pain, heavy rectal bleeding, fever, chills, and more. Owing to these side effects the demand for endoscopic is expected to hinder the growth of the market.
  • High Maintenance Cost
  • Unfavorable Reimbursement Policies

Endoscopic Clips Market: Key Insights

Base Year


Forecast Year




Base Year Market Size (2022)

~ USD 380 Million

Forecast Year Market Size (2033)

~ USD 560 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
Get more information on this report: Request Free Sample PDF

Endoscopic Clips Segmentation

Application (Endoscopic Marking, Hemostasis)

The global endoscopic clips market is segmented and analyzed for demand and supply by application into endoscopic marking, and hemostasis. Out of these, the hemostasis segment is expected to garner the highest market share. Hemostasis clips are applied to prevent gastrointestinal bleeding in the stomach. Additionally, these clips are used to cure bleeding ulcers after polyp surgery. Moreover, the increasing number of gastrointestinal disorders is projected to drive the segment’s growth, as per the market analysis. The hemostasis clip is mostly used to stop blood flow after the removal of small outgrowths, which are called polyps. The rising cases of colon cancer, colonic polyps, Crohn’s disease, and ulcerative colitis are increasing the adoption of these clips in the treatment procedure. Severe gastric bleeding may even lead to death in cases of negligence.  As per the reported data, polyps are seen in more than 12% to 18% of the population across the world.

End-user (Hospitals, Ambulatory Surgical Centers, Clinics)

The global endoscopic clips market is also segmented and analyzed for demand and supply by end-user into hospitals, ambulatory surgical centers, and clinics. Amongst these segments, the hospitals segmented are anticipated to garner the largest revenue owing to the growing preference for minimally invasive surgery. Also, development of advanced surgical procedures by research institutes is also expected to boost segment growth. The University of Pittsburgh has built 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. Moreover, the minimally invasive treatment is painless and does not require any surgery such as invasive methods. The recovery time is also reduced drastically, as there are no incisions or stitches that need constant care. Also, the after-complications are very low compared to conventional methods.

Our in-depth analysis of the global market includes the following segments:

               By Application

  • Endoscopic Marking
  • Hemostasis

                By End-User

  • Hospitals
  • Ambulatory Surgical Centers
  • Clinics

Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.

Customize this Report

Endoscopic Clips Industry - Regional Synopsis

North American Market Forecast   

The North American endoscopic clips market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2033. The growth of the market can be attributed majorly to the increased arterial bleeding among cardiac patients, and gastrointestinal surgery in heart disease patients in this region. There have been increasing heart problems among the population of North America owing to unhealthy lifestyles and high consumption of fatty food items. It was noticed that approximately 18 million people worldwide passed away from cardiovascular disease in 2019. That shows a rise of about 17% over the previous ten years. The rising spending capacity of people to buy outside food owing to increasing disposable income. Also, the increasing preference of people for ready-made and fast food is estimated to increase causes of gastric issues which in turn boosts the market growth. Along with this, more people are living away from their hometowns for job opportunities and studies, which increases the ratio of people eating food from hotels, and restaurants. This raises the chances of getting gastric problems as outside food vendors make their food a little spicy by adding many spices, and masalas to make it tasty and appealing. Furthermore, there has been an increasing use of hemostasis clips for  Crohn’s disease treatment, and it is projected to increase the market’s growth in the region.

Research Nester
Get more information on this report: Request Free Sample PDF

Companies Dominating the Endoscopic Clips Landscape

    • Cook Group Incorporated

      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Olympus America
    • Boston Scientific Corporation
    • CONMED Corporation
    • Medtronic
    • Ovesco Endoscopy AG
    • American Medical Endoscopy
    • Abbott Private Limited
    • Ackermann Instrumente Gmbh
    • Teleflex Incorporated


In The News

  • Olympus America announced the commercial availability of their 510(k) cleared EZ Clip endotherapy device, a reloadable and rotating hemostasis clip designed for bleed control and defect closure during GI endoscopic operations requiring many clips.

  •  Medtronic stated that the US Food and Drug Administration (FDA) has received de novo clearance for the GI Genius cognitive endoscopy module in the United States. The GI Genius module is the first and only commercially available computer-aided detection (CADe) system that can recognize colorectal polyps using artificial intelligence (AI).


Author Credits:  Radhika Gupta, Shivam Bhutani

  • Report ID: 4539
  • Published Date: Feb 24, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the growth of market are the rising adoption of minimally invasive therapies, the growing prevalence of colon & pancreatic cancers, improving healthcare infrastructure, and others.

The market is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2023-2033.

Side effects of using endoscopic clips, high maintenance cost, and unfavorable reimbursement policies are some of the major factors expected to hinder the growth of the market.

The market in North America is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Cook Group Incorporated, Olympus America, Boston Scientific Corporation, CONMED Corporation, and more.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by application, end-user, and by region.

The hospitals segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
Endoscopic Clips Market Report Scope

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying