Improving Healthcare Infrastructure Is Boosting the Surgical Equipment Market

Surgical Equipment Market

Definition

Surgical equipment are the medical devices used to cut, coagulate, desiccate, and fulgurate the body tissues during the surgical procedures. Stringent government regulations and lack of proper reimbursement for surgical equipment may hamper the market growth during the forecast period.

Drivers & Restraints

The global market is anticipated to rise at a considerable rate during the forecast period. In the recent years, the market was growing at a steady rate and with the rising adoption of strategies by key players; the market is expected to rise over the projected horizon. Increasing healthcare expenditure, rising demand of plastic and reconstructive surgery and rising demand for technologically advanced minimal invasive surgical procedures are further expected to boost the market growth during the forecast period.

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Segments-

Product-

Surgical Sutures & Staples

Handheld Surgical Equipment

Electrosurgical Devices

 

Application-

Neurosurgery

Plastic & Reconstructive Surgeries

Obstetrics & Gynecology

Thoracic Surgery

Others

 

Regional Analysis

The market has been segment into North America, South America, Europe, Asia-Pacific, and Middle East and Africa. Asia-pacific is expected to witness substantial growth owing to advancing medical tourism industry.

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Companies-

Medtronic Plc.

Stryker Corporation

Johnsons & Johnsons

Conmed Corporation

Alcon Laboratories Inc.

Smith & Nephew Plc

Zimmer Holdings Inc.

Boston Scientific Corporation

  1. Braun Melsungen AG

KLS Martin Group