Title: Surgical Equipment Market is entering a new age of innovation, productivity & growing at CAGR of 6.3%
1Surgical Equipment Market is entering a new age
of innovation, productivity growing at CAGR of
6.3
- Surgical Equipment Market by Product (Sutures
Staplers, Handheld Surgical Instruments,
Electrosurgical Devices, Others), Category
(Reusable Surgical Equipment and Disposable
Surgical Equipment), and Application
(Neurosurgery, Plastic Reconstructive
Surgeries, Wound Closure, Urology, Obstetrics
Gynecology, Thoracic Surgery, Microvascular,
Cardiovascular, Orthopedic Surgery, Laparoscopy,
Ophthalmic Application, Veterinary Application,
Dental Application, and Others) Global
Opportunity Analysis and Industry Forecast,
2020-2027
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- Q1. Which are the top companies hold the market
share in Surgical Equipment Market? - Q2. Which is the most influencing segment growing
in the Surgical Equipment Market report? - Q3. What are the key trends in the Surgical
Equipment Market report? - Q4. What is the total market value of Surgical
Equipment Market report ? - Q5. What would be forecast period in the market
report?
3Overview
- The global surgical equipment market valued at
31,722.30 million in 2019 and is estimated to
reach 44,448.58 million by 2027, at a CAGR of
6.3 during the forecast period. - Surgical equipment are tools with defined
purposes to view internal body organs or modify
biological tissues. Surgical equipment is used
across surgical procedures such as neurosurgery,
urology, laparoscopic, plastic surgery,
cardiovascular, and others. The surgical
equipment market growth can be attributed to the
surge in prevalence of chronic disorders amongst
geriatric population, increase in number of
surgical procedures, and surge in demand for
technologically advanced surgical procedures such
as minimally invasive surgeries and laparoscopic
surgeries.
4Segments
- In terms of revenue, the global Multiplex Assay
Market is segmented on the basis of Product,
Category, Application and region. - By Product The electrosurgical devices segment
is expected to grow with the highest CAGR of 7.8
from 2020-2027. the market is categorized into
surgical sutures staplers, handheld surgical
instruments, electrosurgical devices, and other
surgical equipment. The handheld surgical
instruments segment accounts for the largest
market share owing to its increase in application
in surgeries. - By Category The reusable surgical equipment
holds the largest share in 2019 and is expected
to maintain its dominance from 2020-2027.
5Geography
- North America dominated the Surgical Equipment
Market. The market growth in North America is
primarily a reflection of product innovations and
launches resulting from technological
advancements. The companies mostly adopted
product launch, acquisition, and expansion as
their key strategies to keep pace with the
changing demands of consumers and strengthen
their market position.
6Key Market Players
- The key players operating in the global Surgical
Equipment Market are -
- Medtronic Plc.,
- Peters Surgical SASU,
- Johnsons Johnsons,
- Conmed Corporation,
- Novartis International AG,
- Smith Nephew PLC,
- Boston Scientific Corporation,
- B. Braun Melsungen AG, Cousin-Biotech,
- Enthral Medical GMBH, Fuhrmann GMBH,
- Integral Lifesciences Holdings Corporation,
- KLS martin Group.
- The other players (not profiled in the report) in
the value chain include Stryker Corporation,
Zimmer Biomet, Dextera Surgical, Hospira, SIM
Surgical, and among others.
7Key Findings of the Surgical Equipment Market
- An in-depth market analysis includes analysis of
various regions, which is anticipated to provide
a detailed understanding of the current trends to
enable stakeholders formulate region-specific
plans. - A comprehensive analysis of factors that drive
and restrain the growth of the global is
provided. - The projections in this report are made by
analyzing the current trends and future market
potential from 2021 to 2030, in terms of value.
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