(MoneyNewsWire.Net, October 25, 2017 ) According to the report Global General Surgical Devices Market, published by Market Data Forecast, the Market was worth USD 7.53 billion in 2016 and estimated to reach USD 12.24 billion by the end of 2021 with a CAGR of 10.20%. Surgical device is a designed tool for performing specific actions of carrying out a particular task during a surgery or operation, like provide access for viewing it.
They are used for a number of functions during surgical procedures, basically wound closure, plastic and reconstructive surgeries. They are used in the areas of neurology, urology, orthopedics, cardiovascular medicine, obstetrics, gynecology, etc. These tools are mainly used in small clinics, hospitals, and other places.
Browse market data tables and in-depth TOC of the Global General Surgical Devices Market Industry to 2021 @ http://www.marketdataforecast.com/market-reports/global-general-surgical-device-market--1440/
The rapid growth in general surgical devices market is primarily driven by the factors such as rising demand due to rising number of surgical procedures with rising prevalence & incidence of various chronic diseases accompanied by increasing ageing population. Moreover, increasing healthcare expenditure, increasing demand for technologically advanced minimal invasive surgical procedures and rising demand for plastic and reconstructive surgery are further expected to boost to the market growth during the forecast period. However, price competition in the industry is one of the factors holding back the growth. Stringent government regulations and lack of proper reimbursement for surgical equipment may also hamper the market growth during the forecast period.
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The Global Market for General Surgical Devices is broadly categorized based on type, technology, end users and Region.
1. Based on Type
• Callipers • Forceps • Suction Tubes • Scissors • Probes • Handles • Needle Holder • Speculums • Clamps • Distractors • Retractors • Tendon Strippers • Clips • Sutures • Catheters • Approximators and others
2. Based on Technology
• Electrosurgical Equipment • Wireless Surgical Equipment • Manual Surgical Equipment
3. Based on End User
• Clinics • hospitals and others
4. Based on Region • North America • Europe • Asia Pacific • Latin America • Middle East & Africa
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The key players in this market include Medtronic Plc., Stryker Corporation, Johnsons And Johnsons, Conmed Corporation, Alcon Laboratories Inc., Smith & Nephew PLC, Zimmer Holdings Inc., Boston Scientific Corporation, B. Braun Melsungen AG, KLS Martin Group, Olympus Corporation, Applied Medical Resources Corporation, Microline Surgicals, Inc., Karl Storz GmbH & Co. Kg, Cook Medical Incorporated, and Teleflex Incorporated.
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