Surgical Clips Industry Forecast and Size Analysis 2019-2025
Global Surgical Clips Industry was valued at USD 5 Billion in the year 2017. Global Surgical Clips Industry is further estimated to grow at a CAGR of 5.5 % from 2019 to reach USD 7.53 Billion by the year 2025. Asia Pacific region holds the highest Industry share and is considered as the fastest growing Industry in the forecasted period. At a country level, China, India, and Japan hold the substantial Industry shareowning to high population base, growth in awareness about surgical clips and development in healthcare infrastructure. Major market Surgical Clips Industry are Ackermann Medical GmbH & Co., Braun Melsungen AG, Edwards Lifesciences Corp., Johnson & Johnson, Boston Scientific Corp., Teleflex Incorporated, Medtronic Plc., Lemaitre Vascular Inc., Scanlan International Inc., Grena Ltd. and brief overview of 10 companies is also provided in the report.
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SWOT analysis of Surgical Clips Industry: Strength: Growing number of surgical procedures across the globe Rapid increase in geriatric population globally Weakness: Poor demand in underdeveloped countries Opportunities: