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u201cCoherent Market Insights u201cSURGICAL EQUIPMENT MARKET u2013 GLOBAL TRENDS, ESTIMATES AND FORECASTS, 2020-2027u2033
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SURGICAL EQUIPMENT MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Surgical Equipment Market - Overview Hand instruments are used in the immediate operative field during general surgery. Examples of hand instruments include forceps, knives, saws, retractors, clamps, bone drills, and other products. Hand-held surgical instruments are designed to lift, position, elevate. It is made of high-grade stainless steel and is available in a wide variety of sizes, designs, and shapes. Statistics: The global Surgical Equipment Market is estimated to account for US$ 13,802.4 Mn in terms of value by the end of 2027. Global Surgical Equipment Market: Drivers Increasing number of emergency surgeries is expected to propel growth of the global surgical equipment market over the forecast period. For instance, according to Australian Institute of Health and Welfare’s Hospitals at a glance 2017–18 report updated in August 2019, admissions for emergency surgery increased between 2016-2017 and 2017-2018 by 2.9% in public hospitals and by 5.1% in private hospitals in Australia. Global Surgical Equipment Market: Opportunities For instance, in May 2020, Taiwan Main Orthopaedic Biotechnology Co., Ltd. received CE and U.S. Food and Drug Administration approval for its AR Smart Surgical Glasses Foresee-X. Browse Research Reports: https://www.coherentmarketinsights.com/market-insight/surgical- equipment-market-3895 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Global Surgical Equipment Market: Restraints Recall of products is expected to hinder growth of the market. For instance, in January 2020, Cardinal Health issued a voluntary recall of 9.1 million surgical gowns due to potential quality issues with the Level 3 gowns and the Presource procedure packs that contain them. Key Takeaways: The global surgical equipment market was valued at US$ 8,435.2 Mn in 2019 and is forecast to reach a value of US$ 13,802.4 Mn by 2027 at a CAGR of 6.4% between 2020 and 2027. Increasing prevalence of chronic disorders during the forecast period is expected to assist the growth of the market Surgical Sutures segment held dominant position in the global surgical equipment market in 2019, accounting for 60.1% share in terms of value. Increasing number of surgical procedures in developed and developing economies during the forecast period. Market Trends Major players in the market are focused on adopting M&A strategies to expand their product portfolio. For instance, in December 2019, Johnson & Johnson announced an agreement to acquire the remaining stake in Verb Surgical Inc. following a strategic collaboration with Verily, an Alphabet company. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/3895 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Regulations U.S The Safe Medical Devices Act of 1990 (SMDA) (Public Law 102-629) requires ambulatory surgery centers, hospitals, outpatient diagnostic centers, and other user facilities to report all incidents in which a medical device or user error may have caused or contributed to the death, serious injury or serious illness of a patient Global Surgical Equipment Market: Competitive Landscape Major players operating in the global surgical equipment market include, Ethicon, Inc. (Johnson & Johnson), Covidien Plc,(Medtronic Plc.), B. Braun Melsungen AG, Medicon EG, Erbe Elektromedizin GmbH, Conmed Corporation, Carefusion, and Cardinal Health. Global Surgical Equipment Market: Key Developments June 2019: Erbe USA, a part of Erbe Elektromedizin GmbH, launched APCapplicator, a multimodal instrument with Argon Plasma Coagulation and additional electrosurgical functions February 2019: CONMED Corporation acquired Buffalo Filter LLC, a provider of surgical smoke evacuation technologies including smoke evacuation pencils, smoke evacuators, and laparoscopic solutions Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/3895 © Coherent market Insights. All Rights Reserved
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ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS Global Leading Equipment and System Manufacturers Marketing Consultancies and the Advertising Industry Component Providers and System Integrators Private and Government organization Distributors, Retailors and Value Added Resellers Outsourcing Companies Healthcare IT Solutions Developers Universities and Business Schools. © Coherent market Insights. All Rights Reserved
KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved
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