Surgical Equipment: Now With Built-in Safety Features
Higher demand for the wound closure and for a closure of surgical incisions, increase in geriatric population, rising prevalence of chronic disorders, high demand of minimally invasive surgeries and expansion of tier 1 hospitals with high tech facilities are the growth drivers of global surgical equipment market. However, stringent government regulations for the product approval for surgical equipment hinder the target market.
Global Surgical Equipment Market 2024
According to Goldstein Research, Surgical Equipment market size is set to reach USD 15.5 billion by 2024, at a CAGR of 6.1% over the forecast years owing to increasing prevalence of chronic diseases and rising geriatric population.
Geographically, Asia-Pacific is projected to be the fastest-growing region, registering a CAGR of 6% during the forecast period while Japan is the leading country market in the Asia-Pacific surgical equipment market.
Electrosurgery: Working Methodology
Electrosurgery is basically used in routine eye surgery in order to cut, coagulate, dissect, fulgurate, ablate and shrink the tissue with high frequency alternate electric current at different voltages which are passed through the tissues to generate heat. The unit of Electrosurgery comprises of a generator that can produce a variety of electrical waveforms and a handpiece with one or more electrodes and the device that is being controlled using a switch on the handpiece or a foot switch.
Global Surgical Equipment Market
This report contains a detailed overview of the Global Surgical Equipment market in terms of market segmentation by device type, application and end user. Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.
Global Surgical Equipment Market report also provides competitive outlook for some of the major players which includes profiling of companies such as Covidien plc, Ethicon Inc., B. Braun Melsungen AG, Integra LifeSciences Holdings Corporation, CONMED Corporation, CareFusion Corporation, ERBE Elektromedizin GmbH, KLS Martin LP, Medicon eG, Aspen Surgical Products Inc., Stryker Corporation, Ethicon, Inc., Covidien Plc, Smith & Nephew Plc, Olympus Corp and Alcon Laboratories Inc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents comprehensive synopsis on the global surgical equipment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
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