Request Sample
Request Methodology
Description
The global surgical equipment market is expected to be valued at US$ 9,783.8 million in market and growing at a CAGR of 7.0 % over the forecast period by 2028. The major variables which act as drivers include rising prevalence & incidence of various chronic diseases and increasing ageing population which cause a demand in surgery and equipment to cut, coagulate, desiccate, and fulgurate the body tissues during the surgical procedures. There are few restrains which hung the global surgical equipment market, Stringent government regulations and lack of proper reimbursement for surgical equipment. A numerous opportunity is opened up reconstructive surgery and rising demand for technologically advanced minimal invasive surgical procedure. This report gives comprehensive outlook on surgical equipment market across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. This report gives historical, current, and future market sizes on the basis of product, category, application, and region. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, this report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global surgical equipment market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global surgical equipment market. Market players have witnessed the strategic collaboration and acquisition to expand product portfolio and strengthen their position in the market to enhance the revenue of the company. In July 2020, Dutch MedTech signed an agreement with Demcon of Enschede, the (medical) technology and device designer for the development of Switch, a precision surgical suturing system for abdominal wall closure (single patient use), suitable for enabling the ‘small bites’ technique.
