IMARC Group, a leading market research company, has recently releases report titled “Surgical Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" The global surgical equipment market size reached US$ 17.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.64 Billion by 2028, exhibiting a growth rate (CAGR) of 6.58% during 2023-2028.
What is a Surgical Equipment?
Surgical equipment refers to the specialized tools and devices used by healthcare professionals to carry out surgical procedures. It is designed for various functions, such as cutting, suturing, clamping, and dissecting, and is integral to the success of surgeries. It consists of scalpels, forceps, scissors, surgical lasers, electrosurgical units, and robotic surgical systems. It is usually made of high grade stainless steel or other biocompatible materials to ensure durability, precision, and safety. It undergoes rigorous sterilization processes, such as autoclaving, to eliminate any risk of infection.
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What Are The Key Factors Driving In The Surgical Equipment Market:
The increasing number of surgical procedures that are being performed among the masses on account of the surging prevalence of severe medical conditions represents one of the primary factors driving the demand for surgical equipment around the world. Moreover, the rising elderly population that are more prone to develop various chronic ailments like cardiovascular diseases (CVDs), arthritis, and cancer is contributing to the market growth. In addition, the growing number of fatal road accidents and hospital admission cases is catalyzing the demand for surgical equipment worldwide. Apart from this, the increasing inclination towards minimally invasive (MI) cosmetic plastic surgeries due to the rising consciousness among individuals about their physical appearances is bolstering the market growth.
Who Are The Key Players Driving In The Surgical Equipment Market?
Alcon
B. Braun Melsungen AG
Becton Dickinson and Company
Boston Scientific Corporation
CONMED Corporation
Integra LifeSciences
Intuitive Surgical Inc.
Johnson & Johnson
Medtronic plc
Olympus Corporation
Smith & Nephew plc
Stryker Corporation
Zimmer Biomet.
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Product:
Surgical Sutures and Staplers
Handheld Surgical Equipment
Forceps and Spatulas
Retractors
Dilators
Graspers
Auxiliary Instruments
Cutter Instruments
Electrosurgical Devices
Others
Breakup by Category:
Reusable Surgical Equipment
Disposable Surgical Equipment
Breakup by Application:
Neurosurgery
Plastic and Reconstructive Surgery
Wound Closure
Obstetrics and Gynecology
Cardiovascular
Orthopedic
Others
Breakup by End User:
Hospitals
Ambulatory Surgical Centers
Others
By Geography:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
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