According to New Market Report Surgical Equipment Market is to Witness Highest Growth in near future Forecast 2014-2022

A fresh report titled “Surgical Equipment Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Surgical Equipment Market. The competition analysis is also a major part of the report.

Surgical equipment are tools that aid the physical modification of biological tissues or aid to provide access to the internal body. The global surgical equipment market is expected to grow at CAGR of 7.0% during the forecast period, owing to introduction of modern electronic technologies such as minimally invasive surgery equipment and robotic & power-assisted systems. For instance, Johnson & Johnson signed an agreement to collaborate with Google to develop surgical robotics. Other factors that drive the growth of the global surgical equipment market are increase in preference for robot-assisted surgery and rise in geriatric population, which is highly susceptible to ocular disorders, gastric disorders, intestinal disorders, and other health conditions. Robotic-assisted surgery is a type of minimally invasive surgery to provide surgeons with improved control, access, and accuracy during the surgical procedure. However, inadequate quality assurance concerning to performance, improper sterilization procedures for reusable equipment, and absence of affirmative regulatory framework in the developing economies limit the market growth. On the contrary, increase R&D activities in the field of surgical equipment is anticipated to create new opportunities during the forecast period.

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The global surgical equipment market is segmented based on product, category application, and geography. On the basis of product, the market is categorized into surgical sutures & staplers, handheld surgical devices, and electrosurgical devices. Handheld surgical devices are further divided into forceps & spatulas, retractors, dilators, graspers, auxiliary instruments, cutter instruments, and others (suction tubes, rasps, dissectors, and needle holders). Surgical sutures & staplers account for the largest market share, owing to rise in number of surgeries performed globally and their frequent use in all types of surgeries. The electrosurgical devices segment grows at the highest rate, due to advancement in technology and surge in demand for minimally invasive surgeries. Based on category the market is categorized into reusable surgical equipment and disposable surgical equipment. Further, based on application the market is classified into neurosurgery, plastic & reconstructive surgeries, wound closure, urology, obstetrics &gynecology, thoracic surgery, microvascular surgery, cardiovascular surgery, orthopedic surgery, laparoscopy, and others.

Geographically, the surgical equipment market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America dominated the global surgical equipment market, followed by Europe and Asia-Pacific. This is attributed to the large patient pool undergoing surgeries coupled with faster incorporation of novel surgical equipment in this region. In addition, favorable regulatory framework promotes manufacturers to invest in the development of surgical equipment.. Factors such as substantial growth in the medical tourism industry, rising need to fulfill the unmet healthcare demands, and rising innovations in the surgical treatment has contributed to the robust growth displayed by the Asia-Pacific region in the surgical equipment market during the forecast period.

KEY BENEFITS FOR STAKEHOLDERS

- The study provides an in-depth analysis of the global surgical equipment market with the current trends and future estimations to elucidate the imminent investment pockets.

- Comprehensive analysis of the factors that drive and restrict the market growth is provided.

- Comprehensive quantitative analysis of the industry is provided from 2016 to 2023 to assist stakeholders to capitalize on the prevailing market opportunities.

- Extensive analysis of the key segments of the industry helps to understand the trends in surgical equipment globally.

- Key players and their strategies are provided to understand the competitive outlook of the industry.

KEY MARKET SEGMENTS

By Product

- Surgical Sutures and Staples

- - Surgical Sutures

- - Surgical Staples

- Handheld Surgical equipment

- - Forceps and Spatulas

- - Retractors

- - Dilators

- - Graspers

- - Auxiliary Instruments

- - - - Clamps

- - - - Cannulas

- - - - Closure Devices

- - Cutter Instruments

- - - - Trocars

- - - - Lancets

- - - - Scissors

- - Others (Suction Tubes, Rasps, Dissectors, and Needle Holders)

- Electrosurgical Devices

By Category

- Reusable Surgical Equipment

- Disposable Surgical Equipment

By Application

- Neurosurgery

- Plastic and Reconstructive Surgeries

- Wound Closure

- Urology

- Obstetrics and Gynecology

- Thoracic Surgery

- Microvascular Surgery

- Cardiovascular Surgery

- Orthopedic Surgery

- Laparoscopy

- Others

By Region

North America

- U.S.

- Canada

- Mexico

Europe

- UK

- France

- Germany

- Spain

- Italy

- Switzerland

- Austria

- Rest of Europe

Asia-Pacific

- Japan

- China

- India

- Rest of Asia-Pacific

LAMEA

- Latin America

- Middle East

- Africa

KEY MARKET PLAYERS

- Medtronic Plc.

- Stryker Corporation

- Johnsons & Johnsons

- Conmed Corporation

- Alcon Laboratories Inc.

- Smith & Nephew Plc

- Zimmer Holdings Inc.

- Boston Scientific Corporation

- B. Braun Melsungen AG

- KLS Martin Group

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Table of Content

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Disposable versus reusable surgical equipment
3.3. Key findings

3.3.1. Top investment pockets
3.3.2. Top winning strategies

3.4. Porters five forces analysis
3.5. Market share analysis, 2016
3.6. Market dynamics

3.6.1. Drivers

3.6.1.1. Large pool of geriatric population and related rise in chronic diseases
3.6.1.2. Rising number of surgical procedures across the globe
3.6.1.3. Growing demand for minimally invasive surgeries

3.6.2. Restraints

3.6.2.1. High price competition
3.6.2.2. Unfavorable taxation policy

3.6.3. Opportunities

3.6.3.1. Various growth opportunities from emerging economies
3.6.3.2. Advanced technology

3.7. Government Regulations

3.7.1. Medical devices regulations in U.S.
3.7.2. Medical devices regulations in European Member Nations
3.7.3. Medical devices regulations in Asia-Pacific

CHAPTER 4: SURGICAL EQUIPMENT MARKET, BY PRODUCT

4.1. Overview

4.1.1. Market size and forecast

4.2. Surgical Sutures and Staplers

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast
4.2.4. Market analysis, by country
4.2.5. Surgical Sutures
4.2.5.1. Market size and forecast
4.2.6. Surgical Staplers

4.2.6.1. Market size and forecast

4.3. Handheld Surgical equipment

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast
4.3.4. Market analysis, by country
4.3.5. Forceps and Spatulas
4.3.5.1. Market size and forecast
4.3.6. Retractors

4.3.6.1. Market Size and Forecast

4.3.7. Dilators

4.3.7.1. Market Size and Forecast

4.3.8. Graspers

4.3.8.1. Market Size and Forecast

4.3.9. Auxiliary instruments

4.3.9.1. Market Size and Forecast
4.3.9.2. Clamps

4.3.9.2.1. Market Size and Forecast

4.3.9.3. Cannulas

4.3.9.3.1. Market Size and Forecast

4.3.9.4. Closure Devices

4.3.9.4.1. Market Size and Forecast

4.3.10. Cutter Instruments

4.3.10.1. Market Size and Forecast
4.3.10.2. Trocars

4.3.10.2.1. Market Size and Forecast

4.3.10.3. Lancets

4.3.10.3.1. Market Size and Forecast

4.3.10.4. Scissors

4.3.10.4.1. Market Size and Forecast

4.3.11. Others

4.3.11.1. Market Size and Forecast

4.4. Electrosurgical Devices

4.4.1. Key market trends
4.4.2. Key growth factors and opportunities
4.4.3. Market size and forecast
4.4.4. Market analysis, by country

Continue…

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