Global Surgical Equipment Market Size and Key Trends in Terms of Volume and Valu

Posted by Bharat Book on May 21st, 2018

Bharat Book Bureau Provides the Trending Market Research Report on Global Surgical Equipment Market Analysis (2017-2023) under Life Sciences category. The report provides information on industry overview, market size, latest developments, industry trends, Key players, USA presence, and their future prospects.

The Global Surgical Equipment Market size is expected to reach .5 billion by 2023, rising at a market growth of 7.9% CAGR during the forecast period.

Surgical equipment are medical devices which are used in cutting, coagulating, desiccating, and fulgurating the body tissues in a surgical procedure. The introduction of electrosurgical instruments has contributed to the growth of surgical instruments market, which would drive the market during the forecast period. Additionally, growing trend for minimally invasive surgeries such as electrosurgery adds the market growth.

Growing cases of road accidents would be a major factor influencing the market growth. According to Association for Safe International Road Travel, nearly 2.35 million people are injured every year due to road accidents. Wound injury management is also commonly conducted with surgical sutures in cases of accidents. Thus, the demand for surgical equipment is expected to grow during the forecast period.

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Based on Product, the Surgical Equipment market segments the market into Surgical Sutures and Staples, Electrosurgical Devices, and Handheld Surgical equipment. Sutures and Staples Market includes Surgical Sutures and Surgical Staples. Handheld Surgical Equipment Market includes Auxiliary Instruments, Retractors, Dilators, Graspers, Forceps and Spatulas, Cutter Instruments, Others. Auxiliary Instruments Market is further segmented into Clamps, Cannulas, and Closure Devices. The Cutter Instruments Type includes Trocars, Lancets, and Scissors. Based on Category, the market report segments the market into Reusable Surgical Equipment and Disposable Surgical Equipment. Based on Application, the Surgical Equipment market segments the market into Neurosurgery, Plastic and Reconstructive Surgeries, Wound Closure, Urology, Obstetrics and Gynaecology, Thoracic Surgery, Microvascular Surgery, Cardiovascular Surgery, Orthopaedic Surgery, Laparoscopy, and Other Application. Based on Regions, the Surgical Equipment market segments the market into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.

The market research report covers the analysis of key stake holders of the Global Surgical Equipment Market. Key companies profiled in the report include Ethicon, Inc., Zimmer Biomet Holdings, Inc., Braun Melsungen AG, Becton, Dickinson and Company, Smith & Nephew plc, Aspen Surgical Products, Inc., Stryker Corporation, Medtronic, Alcon Laboratories, Inc., and Cook Medical Incorporated. 

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Bharat Book
Joined: August 18th, 2017
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