Surgical Equipment Industry Status and Trend Report by 2025Posted by Nicky Arora on March 24th, 2020 Global surgical instruments/equipment market is anticipated to reach a value of USD 20.3 billion by 2025, expanding at a CAGR of 7.8%, according to a new report by Grand View Research, Inc. Increasing number of minimally invasive surgeries across the globe is anticipated to accelerate the market growth. Treatment of chronic diseases often require surgeries. Rising prevalence of chronic diseases, such as, cardiovascular and neurological disorders is adversely impacting the society. Surgery is considered as the primary mode of treatment for patients suffering from such diseases, thereby, giving rise to more number of surgical procedures being conducted. Minimally invasive surgeries are also highly adopted by surgeons for treating several heart disorders. Road and other accidents are also anticipated to raise the demand for surgical instruments in the coming years. Accident is one of the leading causes of severe injuries. Based on statistics from Association for Safe International Road Travel, around 2.35 million people gets injured every year due to such accidents. As a result, there is a high demand for wound closure surgical procedures, which in turn is expected to raise the demand for surgical tools. Access Full Info @ https://www.grandviewresearch.com/industry-analysis/surgical-equipment-market/request/rs1 Further Key Findings From the Study Suggest:
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