Surgical Equipment Market
Medical Equipment

Global Surgical Equipment Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends

The Global Surgical Equipment Market Report by The Business Research Company covers surgical equipment market drivers and restraints, surgical equipment market size, major players, and the impact of COVID-19 on the surgical equipment market.

The surgical equipment market consists of sales of surgical equipment and related services by entities (organizations, sole traders and partnerships) that produce surgical equipment used during surgeries. This market is segmented into surgical sutures and staples, handheld surgical devices and equipment, electrosurgical devices and equipment.

 

Growing demand for minimally invasive surgery (MIS) will increase the demand for advanced surgical equipment. A MIS refers to any surgical procedure that requires minimal incisions as opposed to traditional or open surgery used for the same purpose. Preference for MIS procedures increased due to their multiple advantages such as short healing and recovery time, minimal scarring, cost effectiveness, minimal trauma and pain and decreased risk of infections and complications.

 

The global surgical equipment market size is expected to grow from $12.23 billion in 2020 to $13.02 billion in 2021 at a compound annual growth rate (CAGR) of 6.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $16.18 billion in 2025 at a CAGR of 6%.

 


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Some surgical equipment market trends include surgical equipment manufacturers offering next generation ultrasonic surgical devices to simplify complex surgical procedures. Modern ultrasonic surgical devices are multifunctional instruments capable of performing tissue plane dissection, coagulation, and transection during laparoscopic or open surgical procedures. Next generation ultrasonic devices feature adaptive tissue technology. In this technology ultrasonic algorithm actively monitors the condition of the tissue within the jaws of the device and allows the system to intelligently sense and respond to changes in patient tissue conditions. The system modulates energy delivery based on tissue thickness and tissue type to optimize vessel sealing and provide for secure and reliable large vessel sealing. Ethicon’s Harmonic devices feature adaptive tissue technology.

Global surgical equipment market segments include:

1) By Type: Surgical Sutures And Staples, Handheld Surgical Devices And Equipment, Electrosurgical Devices And Equipment.

2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Others.

3) By Type of Expenditure: Public, Private.

4) By Product: Instruments/Equipment, Disposables.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest global surgical equipment market share.

Read More On The Surgical Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030 At:

https://www.thebusinessresearchcompany.com/report/surgical-equipment-global-market-report-2020-30-covid-19-impact-and-recovery

 

The Surgical Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides surgical equipment market overviews, analyzes and forecasts market size, share, surgical equipment market players, surgical equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The surgical equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Surgical Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.

Market Players Covered: Johnson & Johnson (J&J), Stryker Corporation, Intuitive Surgical, B. Braun Melsungen AG, Getinge Group.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing And Referencing
: Data and analysis throughout the report are sourced using end notes.


Strategies For Participants In The Surgical Equipment Industry:
The report explains a number of strategies for companies in the market, based on industry trends and company analysis.


Opportunities For Companies In The Surgical Equipment Sector:
The report reveals where the global industry will put on most $ sales up to 2023.


Interested to know more about The Business Research Company?

The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.

Read more about us at https://www.thebusinessresearchcompany.com/about-the-business-research-company.aspx


Here is a list of reports from The Business Research Company similar to the Surgical Equipment Global Market Report 2021:

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Medical Devices Market – By Type Of Product (Cardiovascular Devices, In-Vitro Diagnostics, Diagnostic Imaging Equipment, Orthopedic Devices, Ophthalmic Devices, Hospital Supplies, Diabetes Care Devices, Patient Monitoring Devices, Nephrology And Urology Devices, Anesthesia And Respiratory Devices, Surgical Equipment, Wound Care Devices, Dental Equipment And Supplies, Ent Devices And Neurology Devices), And By Region, Opportunities And Strategies – Global Forecast To 2030

Surgical Sutures And Staples Global Market Report 2021: COVID 19 Impact And Recovery To 2030

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