Laparoscopic Clip Appliers Market Size & Share, by Type (Disposable Clip Appliers, Reusable Clip Appliers); Application (Hospitals, Clinics, Ambulatory Surgical Centers) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5702
  • Published Date: Feb 21, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Laparoscopic Clip Appliers Market size is anticipated to reach USD 5 Billion by the end of 2036, growing at a CAGR of 8% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of laparoscopic clip appliers was over USD 1 Billion. The market is expanding at a rapid rate due to the rise in laparoscopic surgeries. Laparoscopic instruments, such as appliers, are becoming more and more popular for a variety of surgical operations due to advancements in their precision, efficiency, and safety. Additionally, the shorter recovery time and lower risk of problems associated with laparoscopic treatments make them a desirable alternative for these patients, which in turn drives up demand for laparoscopic devices. Also, the growing prevalence of chronic diseases is accelerating the growth of the laparoscopic clip appliers market. According to recent research, on the rising prevalence of NCDs, it is estimated that by 2050, chronic illnesses including cancer, diabetes, cardiovascular disease, and respiratory disorders will be responsible for 86% of the world's 90 million annual fatalities.

Because minimally invasive procedures have the potential to enhance patient outcomes and save healthcare costs, regulatory bodies frequently support their implementation. Encouraging rules and regulations make it easier for laparoscopic tools to be developed, approved, and used, which boosts the laparoscopic clip appliers market.


Laparoscopic Clip Appliers Market
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Laparoscopic Clip Appliers Market: Growth Drivers and Challenges

Growth Drivers

  • Increasing Surgeon Experience - When it comes to cutting down on operating room time and minimizing the risks (and costs) of problems, having a specialized operating room technology might be just as important as having experienced surgeons. The anesthetic duration was shortened by thirty minutes per case and mini + press release + Japan conversion rates were significantly lower when a designated nursing team participated in the laparoscopic operations. Laparoscopic surgery is expected to take less time overall; in fact, several authors have already reported that laparoscopic and open cholecystectomies, inguinal herniorrhaphies, fundoplications, and splenectomies take roughly the same amount of time.
  • Increased Adoption of Minimally Invasive Surgeries - Less invasive laparoscopic procedures also result in lower costs for hospital stays and pre-and post-operative care. These procedures result in less blood loss, fewer postoperative complications, and a quicker recuperation period for the patients. Furthermore, less invasive surgical procedures are increasingly being covered by health insurance policies in several countries. These factors have increased patient preferences for minimally invasive operations. According to research, more than 13 million laparoscopic procedures are carried out annually throughout the world. Over the following five years, there is a projected 1% increase in these figures. A sizeable amount of the market for surgical operations is made up of procedures like laparoscopic colectomy, laparoscopic appendectomy, laparoscopic cholecystectomy, laparoscopic inguinal hernia repair, laparoscopic hysterectomy, and laparoscopic bariatric surgeries.
  • Growing Technological Advancements in the Healthcare Industry – Manufacturers are developing smaller and more ergonomic clip appliers to enhance maneuverability within the confined spaces of the body during laparoscopic procedures. Also, clip appliers made from advanced materials like titanium alloys offer improved strength, biocompatibility, and reduced tissue reaction compared to traditional materials. For instance, Taiwan Surgical Corporation (TWSC) is a medical device and surgical instrument producer with a focus on producing laparoscopic surgical instruments for minimally invasive surgery (MIS), which minimizes the number of incisions required for treatments related to urology, gynecology, and the gastrointestinal tract. InnoClipTM 5mm Multi-fire Titanium Clip Applier, the company's newest offering, has been introduced and has been shown at numerous medical conferences and exhibits since 2020.

Challenges

  • High Costs are Barrier to Laparoscopic Clip Appliers Market Growth – To guarantee maximum effectiveness and safety, high-quality laparoscopic clip appliers need to be serviced and maintained regularly. The cost of ownership for healthcare facilities is increased by these continuous operating expenses, which also include the purchase of disposable parts like clip cartridges. Therefore, the high maintenance cost may hamper the growth of the market.
  • Lack of Healthcare Infrastructure in Underdeveloped Countries may Impede Market Growth
  • Intense Competition Among Manufacturers May Hinder Laparoscopic Clip Appliers Market Growth

Laparoscopic Clip Appliers Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~ 8%

Base Year Market Size (2023)

 ~ USD 1 Billion

Forecast Year Market Size (2036)

 ~ USD 5 Billion

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)
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Laparoscopic Clip Appliers Segmentation

Type (Disposable Clip Appliers, Reusable Clip Appliers)

Disposable clip appliers segment in the laparoscopic clip appliers market is anticipated to hold the largest share of 56% by the end of 2036. Disposable clip appliers offer a more hygienic solution by eliminating the risk of cross-contamination associated with reusable instruments. As infection control becomes a growing concern, especially with the rise of antibiotic-resistant bacteria, the demand for these clip appliers is growing. For instance, antibiotic-resistant bacterial infections were directly responsible for 1.27 million predicted fatalities in 2019. Also, these type of clip appliers eliminates the need for reprocessing and sterilization between uses, saving time and resources for healthcare facilities. Moreover, healthcare providers are increasingly recognizing the risk of healthcare-associated infections. As a result, there is a growing demand for disposable clip appliers. Also, the healthcare expenditures worldwide fuel the demand of the segment.

Application (Hospitals, Clinics, Ambulatory Surgical Centers)

Laparoscopic clip appliers market in hospitals segment is anticipated to grow significantly with a share of 45% during the forecast period. Hospitals are witnessing a rise in the number of laparoscopic procedures being performed, driven by factors such as an aging population, increasing prevalence of chronic diseases, and advancements in minimally invasive surgical techniques. Also, many countries are investing in the expansion and modernization of healthcare infrastructure, including the construction of new hospitals and the renovation of existing facilities. Furthermore, hospitals increasingly adopting minimally invasive surgical techniques, including laparoscopy, due to their numerous benefits such as shorter recovery times, reduced hospital stays, and improved patient outcomes. Therefore, these factors are propelling the growth of the segment.

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

     Type

  • Disposable Clip Appliers
  • Reusable Clip Appliers

     Application

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers

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Laparoscopic Clip Appliers Industry - Regional Synopsis

North American Market Forecast

North American laparoscopic clip appliers market is expected to hold a share of 38% during the forecast period. North America is a hub for medical device innovation, with many leading manufacturers headquartered in the region. Also, the region has one of the highest healthcare expenditures globally with significant investments in healthcare infrastructure, technology, and services. As per a report, in the US the total amount spent on national health care in 2022 was USD 13.4 thousand per person. Furthermore, the aging population in North America leads to an increased demand for surgical procedures, including those performed using laparoscopic techniques.

APAC Market Statistics

Laparoscopic clip appliers market in Asia Pacific is poised to hold a share of 25% during the forecast period. The growing number of people with insurance and the advancement of medical facilities are expected to drive demand in the region. The demand for minimally invasive applications has increased due to government measures to lower healthcare costs, an aging population, and growing physician awareness of cutting-edge surgical technologies and tools. For instance, Ayushman Bharat – Health and Wellness Centres (AB-HWCs) offer free services. According to the Socio-Economic Caste Census (SECC) database, Sl. No. AB-PMJAY offers health coverage of up to Rs 5.00 lakh per household annually to 10.74 crore impoverished and underprivileged families. These factors have also contributed to the overall laparoscopic clip appliers market expansion.

Research Nester
Laparoscopic Clip Appliers Market size
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Companies Dominating the Laparoscopic Clip Appliers Landscape

top-features-companies
    • Olympus America
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Medtronic plc
    • B. Braun Melsungen AG
    • CONMED Corporation
    • GENICON, INC.
    • Unimax Medical Systems Inc.
    • Aesculap, Inc.
    • Johnson & Johnson
    • Cooper Medical
    • Rudolf Medical

In-the-news

In The News

  • The 510(k) cleared EZ Clip endo-therapy device, a reloadable and rotatable hemostasis clip intended for bleed control and defect closure during GI endoscopy procedures in which more than one clip is required, is now commercially available from Olympus, a global technology leader in designing and delivering innovative solutions for medical and surgical procedures, among other core businesses.
  • Leading provider of healthcare technology, Medtronic plc, has announced three key approvals for the HugoTM robotic-assisted surgery (RAS) system, including ones for worldwide market entry and indication expansion. The benefits of minimally invasive surgery can now be enjoyed by a wider range of people worldwide thanks to the new system approvals and indications that pave the way for widespread access in Europe, North America, and Asia. Robotic-assisted surgeries are a type of minimally invasive surgery that allows patients to return to normal activities more quickly, with fewer problems and shorter hospital stays.

Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 5702
  • Published Date: Feb 21, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing surgeon experience, increased adoption of minimally invasive surgeries, and growing technological advancements in the healthcare industry are the major factors driving the growth of the laparoscopic clip appliers market.

The market size of laparoscopic clip appliers is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2024-2036.

The major players in the market are Olympus America, Medtronic plc, B. Braun Melsungen AG, CONMED Corporation, GENICON, INC., Unimax Medical Systems Inc., Aesculap, Inc., Johnson & Johnson, Cooper Medical, Rudolf Medical, and others.

The disposable clip appliers segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Laparoscopic Clip Appliers Market Report Scope
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