2020-2027 Analysis and Review Umbilical Cord Clamps Market
Umbilical Cord Clamps Market By Product (Stainless Steel and Polymer Based), By End User (Hospitals, Clinics and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2027
The umbilical cord clamps market was valued at USD700.2 Mn by 2019. According to the World Health Organization (WHO), the average birth rate is 18.5 per 1000 people. A significant increase in the live births and increasing trend for nurturing new families in the adult population worldwide primarily determines the burgeoning growth for the umbilical cord clamps market.
Umbilical cord clamps are basically a gynecological device which is employed for separating the baby from the mother’s placenta. Usually the clamp is used when the cord is being cut, but in some cases the surgeons keep the clamp on till the cord attached to the bay is dried out. In the past the waiting period was of 1 minute before the cord was clamped, however, the current gynecological guidelines recommend waiting for 3 to 5 minutes to ensure that the blood iron level of the newborn is optimum and not reduced.
The major segments related to the umbilical cord clamps market are:
By Product (2017–2027; US$ Mn)
Stainless steel
Polymer Based
By End User (2017–2027; US$ Mn)
Hospitals
Clinics
Others
Geography Segment(2017–2027; US$ Mn)
North America
United States
Canada
Europe
United Kingdom
Germany
Rest of Europe
Asia Pacific
China
Japan
Rest of Asia Pacific
Latin America (LATAM)
Brazil
Mexico
Rest of Latin America
Middle East and Africa (MEA)
GCC
Rest of MEA
Justification for study?
Report gist?
Significant customers?
Segment Analysis
Stainless steel umbilical cord clamps are frequently used as they are reusable and rendered safe by autoclaving it along with other gynecology instruments used during live birth. They are considered as a green alternative to plastic or polymer-based clamps and hence does not require a cutting tool. Polymer-based umbilical cord clamps will be the largest and fastest-growing product segment during the forecast period. Its ergonomic feature such as the manufacturing of nontoxic medical-grade polymer-based clamps which is sterile and pyrogenic free intended for a single-use which eliminates the risk of cross-contamination. It ensures protection against accidental reopening, provides an appropriate angle for easy movement of the clamps. It is gaining huge popularity among gynecologists worldwide as the clipping surface being safely adjourned in notches completely eliminates the risk of injury. It possess grooves on the clamps to prevent slipping of the umbilical cord.
Hospitals are reigning the end-user segment for the umbilical cord clamps market. It basically serves as the first point of contact for pregnant women experiencing labor pain. Furthermore it provides affordable and safe midwifery services to pregnant women and her family. Clinics are gaining huge traction in the last 2 decades on account of its capability to meet obstetrics and gynecology related medical needs in the remote locations.
North America is currently holding the largest market share in the geography segment for the umbilical cord clamps market. The chief contributing factor responsible for its market dominance is the significant rise in the number of childbirths. As per the latest statistics brought forward by the American College of Obstetricians &Gynecologists (ACOG), in 2018 in the United States there were approximately 3.79 million live births. An increasing inclination for nurturing new families in the adult population and effective implementation of guidelines pertaining to obstetrics and gynecology provide a positive impetus for the market growth of the umbilical cord clamps market in the region. Europe is placed in the second position in the regional segment for the umbilical cord clamps market. The significant rise in the trend of delayed cord clamping after live childbirth to reduce the risk of lower blood iron levels in the newborn primarily drive the umbilical cord clamps market growth in the region. Asia Pacific is expected to register the fastest market growth in the regionals segment owing to the significant rise in the new market entrants manufacturing low-cost polymer-based clamps and huge funding issued by the government healthcare agencies to promote women and child health and welfare.
$4,600 | |
$6,600 | |
$9,500 |
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