Data Bridge Market Research analyses that the ligature clips market which was USD 450 million in 2021, would rocket up to USD 675.05 million by 2029, and is expected to undergo a CAGR of 5.20% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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The market for ligature clips is expected to grow during the forecast period 2022-2029. Intended use of Ackermann ligature clips are indicated for use in surgical procedures on vessels or other tubular structures where a ligating clip is required. The device is intended to occlude the tubular structure by compression.
In the case of a surgical ligature clip with two retaining arms, the arms are bendable in such a way towards one another that they move from an open position, in which they are further apart from one another, into a closed position. Each retaining arm is connected to the other in each case at one end by a deformable connection point.
The newer technology being employed in the laboratory is in the nRBC count and its discrimination of different causes of cellular interference in the WBC count. Some analyzers now offer several additional histograms that are generated by two of the new angles of light scatter.
The use of ligating clips is being influenced by a number of variables, including an increase in the number of elderly patients, better treatment outcomes, a high demand for minimally invasive procedures, and increased patient safety during surgical procedures. Ligating clips, which are frequently employed in both laparoscopic and open procedures, also contribute to minimising operation time and associated hazards.
Furthermore, rising technological advancements will further cater to ample opportunities that will lead to the growth ligature clips market in the above-mentioned forecast period.
North America dominates the ligature clips market due to the rising number of surgical procedures, rising initiatives by governments, and the presence of major key players in the region. Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to the rising health awareness among the people and growing demand of advanced medical technology.
Major players operating in the Ligature Clips Market are B. Braun Melsungen AG (Germany), Grena Ltd. (U.K.), The Cooper Companies, Inc. (U.K.), Medtronic (Ireland), Genicon, Inc. (U.S.), Applied Medical Resources Corporation (U.S.), Teleflex Incorporated (U.S.), Olympus Corporation (Japan), Conmed (U.S.) and Johnson & Johnson Services Inc. (U.S.) among others.
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