Wound care management involves dressings, equipment, and other aids, such as bandages, gels, and ostomy drainage bags, designed to prevent and treat wounds, as well as to promote or accelerate wound healing. Ligating clips are used for ligation or marking of vessels or tissue structures to achieve hemostasis during a surgical intervention. GlobalData uses proprietary data and analytics to provide a comprehensive report on the ligating clips market in South Korea. Buy the latest report here.
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In 2023, GlobalData’s Market Model methodology determined that the leading player in the ligating clips market in South Korea was Medtronic followed by Teleflex and B. Braun Melsungen.
Understanding market size can be crucial to evaluate opportunities and make informed decisions about market entry and exit. Medical device companies can identify attractive segments in respective markets as well as develop marketing strategies based on forecasts for those segments.
This Ligating Clips market does not include the volume of clips used with single use preloaded automatic clip Applier. Polymer Ligating Clips are advanced polymer based biocompatible implantable clips used for ligation or marking of tissues or vessels. Titanium Ligating Clips are made up of apyrogenic biocompatible titanium used for ligation or marking of tissues or vessels.
The ligating clips market in South Korea can expand or contract due to a variety of reasons including population demographics, disease incidence and prevalence, macroeconomic issues, and geopolitical considerations. Disruption to a market could be caused by a sudden, unexpected change in these factors, but it could also be driven by changes in clinical practice, leading to a change in diagnosis or treatment of patients, as part of a process to generally improve medical practice.
For the latest analysis of the market size ligating clips in South Korea, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Medical Intelligence Center Market Models are the gold standard of medical device market valuation, company share estimation and market trend forecasting. GlobalData uses a patient-based forecast model or installed base methodology to determine the market size for therapeutic indications and capital equipment expenditures. Estimates are based on a number of sources, including primary research—KOL and industry contact interviews—and secondary research, such as company reports, press releases, published articles, proprietary databases, and general news media.
