The surgical clip is a medical device, which is used to prevent the bleeding from vessels and arteries. Increasing surgical procedures across the globe, growth in the adoption of surgical clips, technical developments in surgical clips, and rise in awareness of surgical clips are the major factors behind the growth of the global surgical clips market. Additionally, the rise in a number of surgeries, the increase in the prevalence of the chronic disease, growing health expenditure, aging population are the factors expected to boost the growth of the global surgical clips market.
On the other hand, the complications concerning surgical clips like the migration of the clips are expected to limit the market growth. Additionally, strict rules by many health authorities like the FDA may hamper the growth of the global surgical clips market.