July 19, 2024
Clamps Market

Clamps Market Featuring Productivity Improvement

The clamps market is estimated to be valued at US$ 205.17 million in 2023 and is expected to exhibit a CAGR of 2.8% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Clamps are surgical instruments that are used to hold tissues and blood vessels together during surgical procedures. Different types of clamps available in the market include atraumatic clamps, bulldog clamps, microvascular clamps, mayer clamps, hemostatic clamps and more. Clamps help surgeons to accurately control bleeding and hemostasis during surgical procedures which enables better visualization of operating field. They play a vital role in procedures such as gastrointestinal, cardiovascular, gynecological surgeries among others.

Market key trends:

One of the key trends driving growth of the clamps market is increasing productivity of surgical procedures through development of innovative smart clamps. Manufacturers are focusing on incorporating new technologies such as RFID tags and sensors in clamps to enable automated counting and tracking of clamps used during surgical procedures. This helps to avoid incidents of inadvertently retained clamps in surgical sites and improves patient safety. For instance, Stryker Corporation offers RFID enabled clamps under its Smart Clamp Demand product line which facilitate counting and real-time tracking of clamps used during surgery. The automated features enhance workflow efficiency and save time otherwise spent on manual counting at the end of procedures. This significantly improves productivity in operating rooms.

Key players:

Stryker Corporation specializes in varied surgical instruments including clamps and holds around 18% market share. Integra LifeSciences focuses on neurosurgery and microsurgery clamps. Medline Industries offers commodity clamps integrating pricing in their strategy. Aspen Surgical and Timesco Healthcare also have strong presence with innovative ergonomic designs.

*Note:
1.  Source: Coherent Market Insights, Public sources, Desk research
2.  We have leveraged AI tools to mine information and compile it