Global Surgical Cutting Devices Market 2019-2023 | 5% CAGR Projection Over the Next Five Years | Technavio

Technavio has announced its latest market research report titled global surgical cutting devices market 2019-2023. (Graphic: Business Wire)

LONDON--()--The global surgical cutting devices market is expected to post a CAGR of close to 5% during the period 2019-2023, according to the latest market research report by Technavio.

The prevalence of chronic conditions such as diabetes, cardiac conditions, and cancers has been increasing significantly across the world. Patients with these diseases are often required to undergo surgeries, which increases the demand for surgical cutting devices. Furthermore, the development of advanced products with improved surgical precision is expected to fuel the growth of the surgical cutting devices market during the forecast period.

As per Technavio, the focus of end-users to opt for improved healthcare infrastructure will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global surgical cutting devices market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

Global Surgical Cutting Devices Market: Focus of End-Users to opt for Improved Healthcare Infrastructure

Healthcare centers across the world are focusing on improving the healthcare infrastructure by adopting advanced devices that can increase surgical efficacy. In recent times, hospitals and ASCs have started to adopt robotic surgical platforms and surgical navigation systems. They are also opting for hybrid and integrated operating rooms for better imaging quality while performing laparoscopic surgery. Thus, the growing adoption of such advanced technologies will help healthcare centers offer better services, which, in turn, will boost the surgical cutting devices market growth during the forecast period.

“Apart from the growing focus of end-users on improving healthcare infrastructure, other factors such as the adoption of innovative business strategies, and the growing demand for single-use surgical cutting devices will have a significant impact on the surgical cutting devices market growth during the forecast period,” says a senior analyst at Technavio.

Global Surgical Cutting Devices Market: Segmentation Analysis

This market research report segments the global surgical cutting devices market by product (trocars, scissors, and scalpel and blades) and geographic regions (North America, Europe, Asia, and ROW).

The North American region led the surgical cutting devices market in 2018, followed by Europe, Asia, and ROW, respectively. The surgical cutting devices market report attributes North America’s dominance to several factors such as the increase in a number of surgical cases, the presence of reimbursement policies, and the increase in product launches.

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Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

The global surgical cutting devices market is expected to post a CAGR of close to 5% during the period 2019-2023, according to Technavio.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com