Clamps Market Revenue and Value Chain 2016-2026
Surgical and medical instruments are the key products of the medical device industry which has been the most compelling and significant area within the healthcare industry. Clamp is a surgical device used for compressing a part or a bodily structure. Technically, clamp is an instrument with serrated jaws and locking handles which is used for gripping, joining, holding or supporting an organ, tissue or a vessel. The major function of a clam in a surgery is hemostasis and clamping tissue. The surgical and medical instruments constitutes to be the second largest sub-group of the medical device industry revealed by a market study. Over the past few years the value of medical devices has gradually increased and remains the highly competitive industry. Medical equipment has witnessed growth, affordability and overcame accessibility barriers in the recent years which led to the increase in business of global clamps market.
Globally the volume for surgeries is very large and the burden for surgical disease is spreading rapidly. There are approximately 600 million surgeries taking place and the number is exceeding annually owing to rise in demand for clamps and other surgical equipment market. Minimally invasive surgeries are becoming more and more common leading to use of advance surgical instruments. Use of surgical clamps is widely done in the areas of cardiovascular surgeries, suturing, Otorhinolaryngology, thoracic surgery, internal and rectal operations. The number of surgical procedures performed in the hospitals, medical and service providers have surged due to higher health insurance coverage and technological advances in medical equipment. The clamps market has been facing upturn as healthcare reform is driving the need for medical facilities and to improved features and functionality in medical operations to track productivity.
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The global market for Tumor marker is segmented on basis of type and end use:
- Segmentation by type for Clamps Market
- Aortic cross-clamp
- Bulldogs Forceps
- Needle Holder
- Aortic cross-clamp
- Segmentation by end use for Clamps Market
- Ambulatory Surgical Centers
- Research organizations
The demand for clamps in the surgical and medical device industry has elevated by virtue of high healthcare expenditure, aging populations, increase in population with chronic disease owing to increase in the demand for advanced medical devices and therapies.
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On the basis of region presence, Clamps Market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Currently, North America has the largest market share in the clamps market due to large volumes of surgeries conducted, followed by Europe and Asia Pacific. Data from the medical device companies revealed that U.S. and Europe are the largest markets for surgical and medical equipment due to improved economic situation and developed healthcare infrastructure. The emerging economies such as India and China are estimated to register a positive growth into the surgical and medical equipment market.
Some of the key market players in the clamps market are Stryker, Aspen Surgical, Timesco Healthcare Ltd., Mercian Surgical Supply Co Ltd, Hilbro Group, Microline Surgical, Global Surgical Instruments, Sklar Surgical Instruments, Integra LifeSciences Corporation.