Endoscopic clips are specialized instruments. These clips are designed to achieve tissue approximation in gastrointestinal endoscopy. These were first introduced for the sole purpose of achieving hemostasis of gastrointestinal bleeding, especially peptic ulcer bleeding.
Usage of endoscopic clips has been expanded to a number of applications such as closure of perforations, Dieulafoy’s lesion, varices, bleeding arteries less than 2 mm, and polyps less than 1.5 cm in diameter in the GI tract. However, there are few concerns regarding accuracy, safety, and retention of these devices.
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The global endoscopic clips market is driven by increase in incidence of bleeding during surgeries. Endoscopic clips are widely used in hemostasis-related problems such as bleeding arteries and ulcers. In developing regions, improved health care infrastructure, rise in demand for endoscopic treatment, supportive government initiatives, and high acceptance of minimal invasive surgeries are factors fueling the growth of the market. However, unfavorable reimbursement policies, and safety and side effects due to usage of endoscopic clips restrain the global market.
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Transparency Market Research (TMR) has published a new report titled, “Endoscopic Clips Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global endoscopic clips market was valued at US$ 355.5 Mn in 2018 and is projected to expand at a CAGR of 7.1% from 2018 to 2026. Inclination toward minimally invasive procedures, wide usage of endoscopic clips for hemostasis, and rise in acceptance of endoscopic clips are anticipated to boost the growth of the global market from 2018 to 2026.
Endoscopic clips are specialized instruments. These clips are designed to achieve tissue approximation in gastrointestinal endoscopy. These were first introduced for the sole purpose of achieving hemostasis of gastrointestinal bleeding, especially peptic ulcer bleeding.
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https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=25967
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