2020-2027 Analysis and Review Umbilical Cord Clamps Market

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

11-02-2020 REP-HC-5032 40 Tables 112 pages Format

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 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?

  • The intention of the study is to give a comprehensive outlook of the global umbilical cord clamps market
  • The overall segmentation of the umbilical cord clamps market, by product, end-user, and geography is minutely studied. Polymer-based and hospitals are dominating the products and end-user segments respectively
  • Constantly increasing number of childbirths worldwide and effective implementation of guidelines pertaining to obstetrics and gynecology together increases the demand for umbilical cord clamps market
  • Huge government funding issued for the welfare of women and child health further propels the demand for umbilical cord clamps market

Report gist?

  • The study of the global umbilical cord clamps market includes qualitative analysis of factors such as drivers, restraints, and opportunities
  • The report covers qualitative and quantitative analysis of the overall market segmented on the basis of product and end-user and categorization of the same at geography level
  • This research report presents the analysis of each segment from 2017 to 2027 considering 2019 as the base year for the research. CAGR for each respective segments are calculated for the forecast period from 2020 to 2027
  • The study includes the profiles of major market players with a significant global and regional presence along with top company positioning 

Significant customers?

  • This study is suitable for industry participants and stakeholders in the medical device manufacturers engaged in manufacturing and marketing of umbilical cord clamps which is gaining huge demand owing to a significant rise in the number of childbirth cases and effective implementation of guidelines pertaining to obstetrics and gynecology
  • The report will benefit gynecology engaged in labor and delivery of childbirth
  • Managers with financial institutions looking to publish recent and forecasted statistics pertaining to umbilical cord clamps market
  • Financial institutions venture capitalist, analysts, investors, government organizations, policymakers, regulatory authorities, researchers, looking for insights into the market to determine future strategies 

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.

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