Surgical Equipment Market Report Insights
Surgical equipment are medical devices, which are commonly used during surgical procedures. These tools permit surgeons to work accurately and efficiently. They are used in several stages of surgeries, ranging from wound management to drilling, sawing, and reaming in long bone fractures using screws and nails.
Scope of the report
The report Global Surgical Equipment Market Strategic Assessment and Forecast 2017-2022, considers the present scenario of the global surgical equipment market and its strategic assessment for the period 20172022. It includes a detailed study of market drivers, trends, and challenges.
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Surgical Equipment Market Market Size and Dynamics
Analysts at Beige Market Intelligence expect that the global surgical equipment market is likely to grow at a CAGR of 7.2% during the forecast period. The growing demand for surgical equipment is driven by increased chronic disorders, which require surgeries and rapid technological advancements. Increased incidence of surgical procedures worldwide is expected to boost the market further.
The surgical sutures and staples segment dominated the overall market with more than 50% share in 2016. Increasing demand for surgical staplers in surgeries such as gastrointestinal, abdominal, thoracic, and gynecology has driven the adoption of these equipment. The electrosurgical and hand-held surgical devices segments are expected to grow significantly during the forecast period.
Surgical Equipment Market Trends, Drivers, and Challenges
Increasing demand for power tools in surgical procedures, rising popularity of minimally invasive techniques in surgeries, and growing usage of advanced surgical stapling devices are among the major factors driving the market. The report provides a comprehensive information about the drivers, emerging trends and expected challenges in the global market.
Surgical Equipment Market Geographical Analysis
The report includes market analysis of different regions. It outlines major market shareholders and analyzes the market size of all the leading regions. The surgical equipment market is segmented into North America, Latin America, Europe, MEA, and APAC. North America dominates the market due to the increased adoption of advanced surgical equipment. Europe is the second largest market, followed by APAC, Latin America, and MEA. APAC is expected to grow at a high rate due to growing aging population coupled with growing disposable income.
Why Should You Buy the Report?
The report provides answers to the following questions related to the global surgical equipment market.
1. What are the current changes witnessed by the market and how are they likely to impact the market landscape in the coming years?
2. Which factors are likely to affect the market over the next few years?
3. What are the major emerging trends and challenges for the market over the next five years?
4. What is the market size and market forecast for each product segment?
5. What is the market size and market forecast for each end-user type?
6. Which region is likely to witness the largest market share and what are the factors driving the market growth in that region?
7. What is the sale growth rate in key geographies?
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