Report Description
A recent market
intelligence report that is published by Data Insights Partner on Surgical
Equipment market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Surgical Equipment market. The research also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and world Surgical
Equipment market over the short as well as long period of
time. A detailed presentation of forecast, trends, and dollar values of
international Surgical Equipment market is offered. In
accordance with the report, the global Surgical Equipment market is projected to expand at a CAGR of 2% over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
Surgical Equipment is the set of tools which are used in
performing medical procedure. The global Surgical Equipment market has been
expanding due to the technological innovation and new product developments.
Multinix which is developed by RInvention (now a part of Medline Industries) is
a 15 in 1 utility tool used for frontline healthcare. The product has 15
different salient features and 25 different applications. The nurses and
surgeons can pick one product and uses for different applications which also
help to reduce the addition time and frustration and increase efficiency. In
addition, emerging trends of minimally invasive surgeries (such as colon and
rectal surgery, laparoscopic surgery, robotic surgery etc.) would likely to lead the global surgical
equipment market during the forecast period.
On the other hand, increasing preference of the wound
closure devices and medical sealants devices across worldwide may hamper the
growth of the global surgical equipment market during the forecast period. In
addition price competition among key players and the product recalls due to the
side effect may threaten the global surgical equipment market in the upcoming
period. Other restrain such as Patent Protection and Affordable Care Act could
also pose an impact to the expansion of the global surgical equipment market
during the forecast period.
Increasing research and development expenditure by the
key players and the strategic alliance among the prominent companies may bring
an opportunity to the global surgical equipment market to propel during the
forecast period. North America is anticipated to hold the maximum market share
in the global surgical equipment market in 2018 followed by the surgical
equipment market in Europe. The Asia Pacific surgical equipment market is
anticipated to propel by the highest CAGR during the forecast period owing to
the growing population in Asia Pacific region and presence of domestic
companies in the same region. Less growth in minimally invasive surgeries in
Africa region would hamper the growth of the surgical equipment market in
Middle East and Africa region in future.
Segment Covered:
This market
intelligence report on the global Surgical Equipment market encompasses market
segments based on product, end user and geography. On the basis of product, the
sub-markets is segmented into surgical sutures and staples, surgical handheld
instruments, and electrosurgical devices. Furthermore, the global surgical equipment
market is broken down into scalpels, forceps, retractors and scissors, by
surgical handheld devices. In terms of end user, the global Surgical Equipment
market is divided into hospitals and ambulatory surgery centers, clinics and
others (academic and research centers). By Geography, the global Surgical
Equipment market has been divided into
North America (the U.S., Canada), Latin America (Brazil, Mexico, Argentina and
other countries), Europe (Germany, France, the U.K., Spain, Italy, Russia, and
other countries), Asia Pacific (India, Japan, China, Australia and New Zealand
and other countries), Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as B. Braun MelsungenAG, BD, Medtronic, CONMED
Corporation, ERBE Elektromedizin GmbH, Johnson and Johnson Services, Inc., Integra
LifeSciences Holdings Corporation, KLS Martin, Stryker, Medline Industries etc.
among others have been profiled into detail so as to offer a glimpse of the
market leaders. Moreover, parameters such as Surgical Equipment market related
investment & spending and developments by major players of the market are tracked
in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, IGR-Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2017-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
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This study offers
comprehensive yet detailed analysis of the Surgical Equipment market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2019 – 2027, taking into account
2017 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
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This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
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Profiling of
key market players in the world Surgical Equipment market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
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Leading
market players covered this report comprise names such as. Novartis, Gilead Sciences, Orchard Therapeutics Ltd, SiBiono
GeneTech Co, Introgen Therapeutics and among others
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The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Surgical Equipment market caters to the
needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers,
investors, and distributors for Surgical Equipment market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
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Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
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Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
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Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Surgical Equipment market
v
Identification
of key factors driving investment opportunities in the Surgical
Equipment market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants