Global Surgical Equipment Market Analysis & Forecasts 2017-2023, With an Expected CAGR of 7.9% - ResearchAndMarkets.com
Jun. 11, 2018
DUBLIN--(BUSINESS WIRE)--Jun 11, 2018--The "Global Surgical Equipment Market Analysis (2017-2023)" report has been added to ResearchAndMarkets.com's offering.
The Global Surgical Equipment Market size is expected to reach $17.5 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 is expected to 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 is expected to 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.
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.
Companies MentionedEthicon, 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. Cook Medical Incorporated
Key Topics Covered:
1. Market Scope & Methodology
2. Market Overview
3. Global Surgical Equipment Market
4. Global Surgical Equipment Market by Category
5. Global Surgical Equipment Market by Application
6. Global Surgical Equipment Market by Region
7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/2ftfxg/global_surgical?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180611005467/en/
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Related Topics:Surgical Devices
INDUSTRY KEYWORD: SURGERY HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
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PUB: 06/11/2018 05:58 AM/DISC: 06/11/2018 05:58 AM