PUBLISHER: The Business Research Company | PRODUCT CODE: 1769767
PUBLISHER: The Business Research Company | PRODUCT CODE: 1769767
A surgical clip is a small, biocompatible medical device employed during surgical procedures to clamp blood vessels, ducts, or other tubular structures. Commonly composed of titanium or polymers, these clips help minimize bleeding or fluid leakage. Their primary function is to achieve hemostasis or ensure secure closure without the use of sutures.
There are several key types of surgical clips, including hemostatic clips, ligating clips, biliary clips, tissue clips, and others. Hemostatic clips are specifically designed to clamp and seal blood vessels or tissues during surgery to prevent bleeding. These clips are manufactured from a range of materials such as titanium, tantalum, stainless steel, polymer, and other biocompatible components. Surgical clips are extensively utilized across various surgical specialties, including general, cardiac, orthopedic, gynecological, and urological procedures. They are commonly used by healthcare facilities such as hospitals, ambulatory surgical centers, specialty clinics, and more.
The surgical clip market research report is one of a series of new reports from The Business Research Company that provides surgical clip market statistics, including surgical clip industry global market size, regional shares, competitors with a surgical clip market share, surgical clip market segments, market trends and opportunities, and any further data you may need to thrive in the surgical clip industry. This surgical clip market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The surgical clip market size has grown rapidly in recent years. It will grow from $0.96 billion in 2024 to $1.08 billion in 2025 at a compound annual growth rate (CAGR) of 13.0%.
Key drivers of this growth during the historical period include a rise in chronic disease cases, advancements in surgical procedures, greater awareness regarding postoperative complications, expansion of hospital and surgical infrastructure, and increased usage of advanced imaging and visualization technologies.
The surgical clip market size is expected to see rapid growth in the next few years. It will grow to $1.75 billion in 2029 at a compound annual growth rate (CAGR) of 12.7%.
This projected growth is supported by a rise in surgical procedures, expanding adoption of minimally invasive surgeries (MIS), a growing number of chronic disease cases, and increasing demand for bariatric and cosmetic surgeries. Additionally, the proliferation of ambulatory surgical centers is contributing to the market's upward trend. Emerging market trends include the integration of clips with robotic-assisted surgery platforms, the growing popularity of bioabsorbable clips, increased usage of laparoscopic clip appliers, a shift toward disposable rather than reusable clips, and the implementation of digital inventory and smart surgical kits.
The growing number of surgical procedures is anticipated to drive the expansion of the surgical clip market. Surgical procedures involve manual or instrument-based techniques used to diagnose, treat, or correct diseases, injuries, or abnormalities. The rise in surgical volumes is primarily due to the increasing prevalence of chronic diseases, which necessitate surgical interventions to manage complications and improve patients' quality of life. Surgical clips play a crucial role in these procedures by providing a quick, reliable, and minimally invasive method for closing or clamping blood vessels and tissues. This helps control bleeding, reduces the risk of complications, and shortens the duration of surgery. For example, in March 2023, the British Association of Aesthetic Plastic Surgeons reported that 31,057 cosmetic surgeries were conducted in 2022, reflecting a 102% increase compared to 2021. As a result, the rise in surgical procedures is fueling the growth of the surgical clip market.
Leading companies in the surgical clip market are prioritizing the development of innovative products such as single-use hemostasis clips to improve surgical efficiency, enhance patient safety, and achieve better clinical outcomes. A single-use hemostasis clip is a disposable device designed to mechanically clamp blood vessels or tissue during surgery, specifically intended for one-time use. For instance, in March 2025, Olympus Corporation, a medical technology company based in Japan, introduced the Retentia HemoClip, a new hemostasis clip developed to support the needs of GI endoscopists. Its features include a short tail for improved visualization during multiple clip placements, sheath markings for easier insertion and extraction, and an intuitive handle for rapid, single-step deployment.
In July 2024, Advanced Medical Solutions Group plc, a UK-based medical technology firm, acquired Peters Surgical for $155 million (€141.4 million). This acquisition aims to expand Advanced Medical Solutions' surgical product offerings and bolster its presence in the global market by leveraging Peters Surgical's experience in sutures, surgical clips, and related devices. Peters Surgical is a France-based company specializing in the production of surgical clips.
Major players in the surgical clip market are Cardinal Health Inc., Johnson & Johnson, 3M Company, Stryker Corporation, Medline Industries Inc., Medtronic plc, Becton, Dickinson and Company, Boston Scientific Corporation, Olympus Corporation, Smith & Nephew plc, Edwards Lifesciences Corporation, Teleflex Incorporated, Karl Storz SE & Co KG, Cook Medical Incorporated, CONMED Corporation, B. Braun Melsungen AG, Ackermann Medical GmbH & Co. KG, LeMaitre Vascular Inc., Scanlan International Inc., and Grena Ltd.
North America was the largest region in the surgical clip market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in surgical clip report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the surgical clip market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The surgical clip market consists of sales of aneurysm clips, titanium clips, polymer clips, absorbable clips, non-absorbable clips, laparoscopic clips, and open surgery clips. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Surgical Clip Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on surgical clip market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for surgical clip ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The surgical clip market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.