The global endoscopic clips market size will grow by USD 78.21 million during 2019-2023. This market report provides a detailed analysis of the market by end-users (hospitals, clinics, and physicians’ offices and ASCs) and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including B. Braun Melsungen AG, Boston Scientific Corp., CONMED Corp., Johnson & Johnson Services Inc., and Olympus Corp.

Some of the key findings from this endoscopic clips market forecast report are summarized below

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Global Endoscopic Clips Industry Overview

The growing focus on advances in endoscopic clips will be one of the critical endoscopic clips market trends. Market vendors are focusing on various product developments to enhance surgical efficacy. For instance, the development of wide-opening and 3600 rotation endoscopic clips will enable easier deployment and secure mucosal attachment resulting in high surgical efficacy. Market vendors are also developing MRI-conditional endoscopic clips that will ensure patient safety while undergoing medical imaging procedures, such as MRI. Moreover, endoscopic clip manufacturers are using selective raw materials, such as nitinol strips to improve the strength of endoscopic slips. These advances in products are expected to fuel the demand for endoscopic clips during the forthcoming years.

The growing adoption of MI techniques will also be a significant factor contributing to the endoscopic clips market growth. MIS procedures involve small incisions, minimal bleeding, and fast recovery. Therefore, MIS procedures increase patient compliance by reducing the hospital stay and the cost burden on patients. These benefits of MI techniques have increased the adoption of endoscopic procedures, especially in developed countries, such as the US and the UK. Moreover, various organizations are providing training and certification programs to fulfill the rising need for skilled professionals who can perform critical endoscopic surgical techniques, such as pocket-creation method for endoscopic submucosal dissection. The increasing adoption of MI techniques will boost the demand for endoscopic surgeries, driving the growth of the endoscopic clips market at a CAGR of almost 5% during the forecast period. 
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