Learn about the global surgical equipment market through The Business Research Company, which provides information on surgical equipment market size, surgical equipment market drivers and restraints, surgical equipment market players, the COVID-19 impact on the surgical equipment market, and more.

The global surgical equipment market size is expected to grow from $24.53 billion in 2021 to $26.89 billion in 2022 at a compound annual growth rate (CAGR) of 9.6%. The global surgical equipment market size is then expected to grow to $36.42 billion in 2026 at a CAGR of 7.9%.

Growing demand for minimally invasive surgery (MIS) will increase the demand for advanced surgical equipment.

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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.

Global Surgical Equipment Market Segments Include:

By Type: Surgical Sutures and Staples, Handheld Surgical Devices and Equipment, Electrosurgical Devices and Equipment

By End-User: Hospitals and Clinics, Diagnostic Laboratories, Others

By Type of Expenditure: Public, Private

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 was the largest region in the global surgical equipment market in 2021.

Surgical equipment manufacturers are 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.

TBRC’s surgical equipment market report covers:

Major Market Players: Johnson & Johnson (J&J), Stryker Corporation, Intuitive Surgical, B. Braun Melsungen AG, and 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 (2016-21) and ten years forecast (2022-2026-2031)

The Surgical Equipment Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 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, leading competitor revenues, profiles and market shares.

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

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