Stratistics Market Research Consulting

Surgical Equipment Market Size, Share, Analysis, Report and Forecast to 2022

Press Release   •   Oct 25, 2016 03:10 EDT

Rise in the number of surgical procedures, increase in demand for minimally invasive procedures, growing aging population and technological developments leading to inventive products are some of the key factors driving the market growth. However, inappropriate sterilization measures for reusable equipment and severe price competition from local manufacturers may create significant challenges before vendors operating in the surgical equipment market.

Surgical sutures and staples segment accounted for the largest share of the global surgical equipment market revenue. Electrosurgical devices segment is anticipated to show fastest growth due to the rising demand for minimally invasive procedures that widely use these devices. New product launch is the major trend followed in the global surgical equipment market, which has helped the manufacturers to achieve significant market share. North America and Europe were the primary and subsequent largest regional markets for surgical equipment, followed by Asia-Pacific and Rest of the World (RoW) respectively.

Some of the key players in global surgical equipment market are Aspen Surgical Products, Boston Scientific, Covidien PLC, Ethicon Inc., Hologic Inc., Intact Medical Corp., Medtronic Inc., Megadyne Medical Products Inc., Olympus Corp., Stryker, Conmed Corporation, Carefusion Corporation, Alcon Laboratories Inc, Smith & Nephew PLC and Zimmer Holdings Inc.

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Type of Devices Covered:
• Electrosurgical devices
• Handheld surgical devices
o Retractors
o Scissors
o Scalpels
o Forceps
• Surgical sutures and staples
• Others
o Power systems
o Retraction systems

Applications Covered:
• Cardiovascular
• Laparoscopy
• Microvascular
• Neurosurgery
• Gynecology and Obstetrics
• Orthopedic Surgery
• Plastic and Reconstructive Surgeries
• Power Systems
• Retraction Systems
• Thoracic Surgery
• Urology
• Wound Closure
• Others

Technologies Covered:
• Wireless Surgical Equipment
• Manual Surgical Equipment
• Electrosurgical Equipment

End Users Covered:
• Small Clinics
• Medium Level Specialty Hospitals
• Large Hospitals
• Others

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.