Global Endoscopic Clip Market Research Report By Type (Hemostasis Clips, Closure Clips, Ligating Clips, Suturing Clips, Resection Clips), By Material (Titanium Clips, Nitinol Clips, Polypropylene Clips, Polyethylene Clips, Polyglycolic Acid Clips), By Size (Small Size Clips, Medium Size Clips, Large Size Clips, XL Size Clips), By Application (Gastrointestinal Endoscopy, Pulmonary Endoscopy, Urological Endoscopy, Gynecological Endoscopy, Other Surgical Applications), By Reusable vs. Single-Use (Reusable Clips, Single-Use Clips) and By Region

Global Endoscopic Clip Market Overview

As per MRFR analysis, the Endoscopic Clip Market Size was estimated at 0.49(USD Billion) in 2023. The Endoscopic Clip Market Industry is expected to grow from 0.51 (USD Billion) in 2024 to 0.82 (USD Billion) by 2032. The Endoscopic Clip Market CAGR (growth rate) is expected to be around 6.00% during the forecast period (2024 - 2032).

Key Endoscopic Clip Market Trends Highlighted

The escalating prevalence of gastrointestinal disorders, such as esophageal varices, colonic perforations, and gastrointestinal bleeding, is driving the demand for endoscopic clips globally. The rising number of endoscopic procedures performed to treat these conditions is further boosting the market growth.Moreover, technological advancements in endoscopic clips, including the development of clips with improved visualization, precision, and safety, are creating opportunities for market expansion. Additionally, the increasing focus on minimally invasive surgical techniques is driving the adoption of endoscopic clips as an alternative to traditional surgical methods.

Recent trends in the endoscopic clip market include the emergence of biodegradable clips, which offer advantages such as reduced tissue inflammation and faster healing times. Furthermore, the growing adoption of advanced visualization technologies, such as 3D imaging, is enhancing the accuracy and efficiency of endoscopic procedures, thus stimulating the demand for endoscopic clips.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Endoscopic Clip Market Drivers

Rising Prevalence of Gastrointestinal Diseases

Rising incidences of gastrointestinal disorders such as peptic ulcer disease, gastroesophageal reflux disease and colorectal cancer have triggered the growth of the Global Endoscopic Clip industry. These conditions often require endoscopic procedures, including the use of endoscopic clips for hemostasis, closure of perforations, and resection of lesions. The rising incidence of gastrointestinal diseases is expected to continue driving the demand for endoscopic clips in the coming years.

Technological Advancements in Endoscopic Procedures

Technological advancements in endoscopic procedures have also played a crucial role in the growth of the Global Endoscopic Clip Market Industry. The development of innovative endoscopic clip designs, such as atraumatic clips and self-expanding clips, has improved the safety and efficacy of endoscopic procedures. These advancements have led to increased adoption of endoscopic clips in various therapeutic applications, contributing to the market's growth.

Growing Demand for Minimally Invasive Procedures

The increased demand for minimally invasive procedures has driven improvements in the Global Endoscopic Clip Market Industry. Endoscopic clips offer such an alternative to conventional surgical techniques and, thus, spare patient discomfort, recovery period, and scarring. Recent times have seen a growth in endoscopic clip applications of endoscopic mucosal resection and endoscopic submucosal dissection.

Endoscopic Clip Market Segment Insights

Endoscopic Clip Market Type Insights

The Global Endoscopic Clip Market is segmented by Type as Hemostasis Clips, Closure Clips, Ligating Clips, Suturing Clips, and Resection Clips. The Hemostasis Clips segment is expected to dominate the market in 2023, accounting for a revenue share of around 45%. The market for Hemostasis Clips is driven by the increasing prevalence of gastrointestinal bleeding and the rising demand for minimally invasive procedures. Closure Clips are expected to witness a significant growth rate during the forecast period due to their increasing adoption in bariatric surgeries and endoscopic mucosal resection procedures.

The Ligating Clips segment is anticipated to gain traction over the next ten years owing to its effectiveness in sealing blood vessels and preventing bleeding during endoscopic procedures. Suturing Clips are projected to experience steady growth, supported by their ability to provide secure tissue approximation and hemostasis. The Resection Clips segment is expected to contribute a moderate share of the overall market revenue, primarily driven by their use in endoscopic submucosal dissection and endoscopic full-thickness resection procedures. Overall, the Global Endoscopic Clip Market is poised for robust growth, with key market players focusing on developing innovative products and expanding their geographical presence.

Technological advancements, such as the introduction of biodegradable and self-expanding clips, are further expected to drive market expansion in the coming years.

Global Endoscopic Clip Market, by Type 2023 & 2032 (USD Billion)

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Endoscopic Clip Market Material Insights

The Global Endoscopic Clip Market is segmented into various materials, including Titanium Clips, Nitinol Clips, Polypropylene Clips, Polyethylene Clips, and Polyglycolic Acid Clips. Each material offers unique advantages and applications. Titanium Clips are known for their strength, durability, and resistance to corrosion, making them suitable for a wide range of endoscopic procedures. Nitinol Clips possess super elasticity and shape memory properties, allowing them to adapt to complex anatomical structures and provide secure closure. Polypropylene Clips are lightweight, flexible, and biocompatible, making them ideal for delicate tissues and endoscopic procedures requiring minimal trauma.

Polyethylene Clips are cost-effective, chemically inert, and offer a balance of strength and flexibility. Polyglycolic Acid Clips are biodegradable, absorbable, and provide temporary closure, making them suitable for procedures where long-term clip retention is not necessary. The Global Endoscopic Clips Market revenue is expected to surpass USD 0.82 Billion by 2032, growing at a CAGR of 6.00% during the forecast period. The segmentation data and insights on material types empower manufacturers, suppliers, and healthcare providers to make informed decisions, optimize product offerings, and cater to specific clinical needs in the rapidly evolving endoscopic clip market.

Endoscopic Clip Market Size Insights

The Global Endoscopic Clip Market is segmented by Size into Small Size Clips, Medium Size Clips, Large Size Clips, and XL Size Clips. The Small Size Clips segment is expected to hold the largest market share in 2023, accounting for around 40% of the Global Endoscopic Clip Market revenue. This is primarily due to the increasing adoption of minimally invasive procedures and the growing prevalence of gastrointestinal diseases. The Medium Size Clips segment is expected to exhibit significant market growth over the forecast period, owing to the rising demand for endoscopic clipping procedures for treating bleeding and perforation in the gastrointestinal tract.

The Large Size Clips and XL Size Clips segments are also expected to witness steady growth, driven by the increasing use of these clips in bariatric surgeries and other complex endoscopic procedures. The Global Endoscopic Clip Market segmentation provides valuable data and insights for market participants to develop effective strategies and make informed decisions.

Endoscopic Clip Market Application Insights

The Global Endoscopic Clip Market segmentation by Application into Gastrointestinal Endoscopy, Pulmonary Endoscopy, Urological Endoscopy, Gynecological Endoscopy, and Other Surgical Applications provides valuable insights into the industry's dynamics. Gastrointestinal Endoscopy is expected to hold the largest market share due to the increasing prevalence of gastrointestinal diseases and the rising demand for minimally invasive procedures. Pulmonary Endoscopy is also expected to witness significant growth owing to the growing incidence of lung cancer and other respiratory diseases.

Urological Endoscopy is projected to expand at a steady pace due to the rising prevalence of urinary tract infections and the increasing demand for endoscopic surgeries. Gynecological Endoscopy is anticipated to grow steadily, driven by the rising prevalence of gynecological disorders and the growing awareness of endoscopic procedures. Other Surgical Applications, including laparoscopic and robotic surgeries, are expected to contribute to the overall growth of the Endoscopic Clip Market in the coming years.

Endoscopic Clip Market Reusable vs. Single-Use Insights

The Reusable vs. Single-Use segment plays a crucial role in the Global Endoscopic Clip Market. Reusable Clips are anticipated to dominate the market with a revenue of around 1.58 billion USD in 2023. Their ability to be disinfected and reused multiple times makes them a cost-effective option, particularly in high-volume procedures. However, Single-Use Clips offer convenience and reduced risk of cross-contamination, leading to their growing adoption in certain applications. The Global Endoscopic Clip Market data indicates that Single-Use Clips are projected to witness significant growth, capturing a revenue of approximately 0.63 billion USD in 2023.

The increasing preference for minimally invasive procedures and the growing demand for infection control measures are driving the adoption of Single-Use Clips in the Global Endoscopic Clip Market industry.

Endoscopic Clip Market Regional Insights

The Global Endoscopic Clip Market is segmented on the basis of region into North America, Europe, APAC, South America, and MEA. North America is expected to dominate the market in 2023, accounting for a revenue share of approximately 40%. The region's large patient population, well-established healthcare infrastructure, and high adoption of advanced medical technologies contribute to its dominance in the Global Endoscopic Clip Market. Europe is projected to hold the second-largest market share, followed by APAC. The growing geriatric population, increasing prevalence of gastrointestinal disorders, and rising healthcare expenditure in emerging economies in APAC are driving the growth of the market in this region.

South America and MEA are expected to witness steady growth in the coming years due to improved healthcare infrastructure and increasing awareness about endoscopic procedures.

Global Endoscopic Clip Market, by Region 2023 & 2032 (USD Billion)

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Endoscopic Clip Market Key Players And Competitive Insights

Major players in Endoscopic Clip Market industry are constantly engaged in research and development activities to introduce innovative products and expand their market share. Leading Endoscopic Clip Market players are focusing on strategic collaborations, mergers, and acquisitions to strengthen their position in the market. The Endoscopic Clip Market is characterized by intense competition, with established players and emerging startups vying for market dominance. Key players are investing heavily in product development and marketing strategies to gain a competitive edge. The Endoscopic Clip Market development is driven by technological advancements, increasing healthcare expenditure, and the rising prevalence of gastrointestinal diseases.

Cook Medical is a leading player in the Endoscopic Clip Market, known for its innovative endoscopic clip designs and advanced manufacturing capabilities. The company offers a wide range of endoscopic clips, including the Resolution Clip System, the Over-The-Scope Clip (OTSC), and the Hemoclip. Cook Medical has a strong global presence and is committed to providing high-quality endoscopic solutions to healthcare providers. The company's focus on research and development has resulted in the introduction of cutting-edge endoscopic clip technologies that meet the evolving needs of the market.

Boston Scientific is a prominent competitor in the Endoscopic Clip Market, renowned for its comprehensive portfolio of endoscopic devices and accessories. The company offers a range of endoscopic clips, including the Resolution Clip System, the Hem-o-lok Clip Applier, and the OTSC Clip System. Boston Scientific has a strong global distribution network and is committed to providing innovative solutions to healthcare professionals. The company's focus on product development and clinical research has enabled it to gain a significant market share in the Endoscopic Clip Market.

Key Companies in the Endoscopic Clip Market Include:

• Erbe Elektromedizin GmbH


• Pentax Medical


• Conmed Corporation


• Olympus Corporation


• MicroTech Endoscopy


• Medtronic


• Steris Corporation


• Aesculap AG


• Cook Medical


• Endochoice


• Teleflex Incorporated


• Argon Medical Devices, Inc.


• Fujifilm Holdings Corporation


• Bard Peripheral Vascular, Inc.


• Boston Scientific Corporation

Endoscopic Clip Market Industry Developments

The global endoscopic clip market is projected to reach USD 0.82 billion by 2032, exhibiting a CAGR of 6.00% during the forecast period (2024-2032). The increasing prevalence of gastrointestinal diseases, the rising demand for minimally invasive procedures, and the technological advancements in endoscopic clips are driving the market growth.

Recent news developments include the launch of innovative endoscopic clips with enhanced features, such as the Resolution Clip System by Boston Scientific and the Ovesco EndoClip Applier by Ovesco Endoscopy. These new products offer improved visibility, precision, and ease of use, catering to the evolving needs of healthcare professionals.

Endoscopic Clip Market Segmentation Insights

Endoscopic Clip Market Type Outlook

• Hemostasis Clips


• Closure Clips


• Ligating Clips


• Suturing Clips


• Resection Clips

Endoscopic Clip Market Material Outlook

• Titanium Clips


• Nitinol Clips


• Polypropylene Clips


• Polyethylene Clips


• Polyglycolic Acid Clips

Endoscopic Clip Market Size Outlook

• Small Size Clips


• Medium Size Clips


• Large Size Clips


• XL Size Clips

Endoscopic Clip Market Application Outlook

• Gastrointestinal Endoscopy


• Pulmonary Endoscopy


• Urological Endoscopy


• Gynecological Endoscopy


• Other Surgical Applications

Endoscopic Clip Market Reusable vs. Single-Use Outlook

• Reusable Clips


• Single-Use Clips

Endoscopic Clip Market Regional Outlook

• North America


• Europe


• South America


• Asia Pacific


• Middle East and Africa