Surgical equipment is used for both minor and major surgical procedures in hospitals and surgical centers. It has a wide range of applications in neurosurgery, ophthalmic surgery, wound closure, urology, cardiovascular surgeries, orthopedic surgery, and others. Electrosurgical devices, surgical sutures and staples, handheld instruments, electrosurgical generators, and monitoring devices are the various equipment that is used in surgeries.
MARKET DYNAMICS
The surgical equipment market is driven by the increasing prevalence of chronic diseases such as cardiovascular diseases, obesity, skin diseases, a growing number of surgeries in ambulatory surgical centers and hospitals, and the rising geriatric population. However, the growth of the market is restrained by various factors, such as the high cost of surgical devices and strict regulatory policies for various regulatory authorities. Moreover, the growth of the medical device market, an increasing number of surgical centers, and government initiatives have a synergistic effect on the market.
MARKET SCOPE
The "Surgical Equipment Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of surgical equipment market with detailed market segmentation by product and application. The surgical equipment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in surgical equipment market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The surgical equipment market is segmented on the basis of product and application. Based on product, the market is segmented as surgical sutures and staplers, handheld surgical devices and electrosurgical devices. On the basis of application, the market is categorized as research, clinical. On the basis of end user, the market is categorized as neurosurgery, plastic and reconstructive surgery, wound closure, obstetrics and gynecology, cardiovascular, orthopedic and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the surgical equipment market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The surgical equipment market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting surgical equipment market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the surgical equipment market in these regions.
MARKET PLAYERS
The report covers key developments in the surgical equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from surgical equipment market are anticipated to have lucrative growth opportunities in the future with the rising demand for surgical equipment in the global market. Below mentioned is the list of few companies engaged in the surgical equipment market.
The report also includes the profiles of key players in surgical equipment market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Alcon Laboratories, Inc.
- Aspen Surgical Products, Inc.
- B. Braun Melsungen AG
- Becton, Dickinson and Company
- Ethicon, Inc.
- Medtronic
- Smith & Nephew plc
- Stryker Corporation
- Zimmer Biomet Holdings, Inc.
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