DUBLIN--(BUSINESS WIRE)--The "Global Surgical Instruments Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
The global surgical instruments market is estimated to increase with a CAGR of 5.78% from a market size of US$53.897 billion in 2019. The global surgical instruments market is projected to surge at a significant growth rate in the forecast period owing to the high prevalence of cardiovascular diseases in the world. These include coronary heart diseases, and rheumatic heart diseases among other cardiac diseases driving the market demand in the forecast period.
The growing global geriatric population is further propagating the market demand with the surge in age-associated diseases requiring surgeries for treatment further promoting the improvement in the quality of patient's life. The growing adoption of minimally invasive surgeries is considered to be one of the major drivers where surgical instruments in various robotic and non-robotic surgeries are fueling the market demand leading to the sales of surgical instruments.
The rise in minimally invasive procedures will provide a sustainable opportunity for the market to grow where these surgeries help patients to recover fast with a small incision in comparison to a normal surgery with comparatively faster healing time. After the procedure is over, a patient's hospital stay is reduced with minimum scars left. The blood loss during surgery is also prevented along with the reduction of post-surgical complications and the patient is free to perform his or her daily routine activities within a few weeks.
Furthermore, with the growing number of road accidents are resulting in the surge of emergency cases, hence, contributing to propelling the growth of the global surgical instruments market in the forecast period.
On the basis of Geography, North America is estimated to hold a significant market share with the highest health expenditure of the United States and state-of-the-art healthcare facilities. On the other hand, the Asia Pacific region is accounted to be among the fastest-growing regions, due to the high prevalence of several chronic diseases in the region which demands surgeries.
- GPC Medical Ltd.
- Inami & Co.,Ltd
- Ethicon (Johnson & Johnson Family of Companies)
- B. Braun Melsungen AG
- Microline Surgical
- CONMED Corporation
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Market Opportunities
4.4. Porters Five Forces Analysis
4.5. Industry Value Chain Analysis
5. Global Surgical Instruments Market Analysis, by Surgery Type
5.2. Open Surgery
5.3. Minimally Invasive Surgery
5.3.1. Robotic Surgery
5.3.2. Non-Robotic (Endoscopic) Surgery
6. Global Surgical Instruments Market Analysis, by Product
6.2. Surgical sutures and staples
6.3. Hand-held surgical devices
6.4. Electrosurgical devices
6.5. Other Surgical Devices
7. Global Surgical Instruments Market Analysis, by Surgical Procedure
7.2. Cataract Surgery
7.3. Heart Surgery
7.4. Caesarean Section
7.5. Low Back Pain Surgery
8. Global Surgical Instruments Market Analysis, by End User
8.3. Ambulatory Surgical Center
8.4. Specialized Clinic
8.5. Life Sciences and Biomedical Research Organization
9. Global Surgical Instruments Market Analysis, by Geography
9.2. North America
9.3. South America
9.5. Middle East and Africa
9.6. Asia Pacific
10. Competitive Environment and Analysis
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrativeness
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix
11. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/sx5w8n