Surgical Products Market Trend Analysis, Latest Revenue Figures

The global Surgical Products Market size is projected to reach a CAGR of 6.9% from 2022-2028.

Surgical equipment are tools that aid the physical modification of biological tissue or help to provide access to the internal body.

Inception of modern electronic technologies such as minimally invasive surgery equipment and robotic and power assisted systems are some of the factors that have supported long-term expansion for Surgical Products Market.

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Recent Developments

• November 2020, Aspen Surgical acquired Protek Medical Products, Inc. with an intent to strengthen its distribution network and R&D capability.
• September 2019 Medtronic PLC unveiled its new robot-assisted surgery system called Hugo RAS.

Prominent Players

• Medtronic Plc.
• Peters Surgical SASU
• Johnsons & Johnsons
• Conmed Corporation
• Novartis International AG
• Smith & Nephew PLC
• Boston Scientific Corporation
• B. Braun Melsungen AG

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North America to Dominate the Market

North America dominated the global surgical equipment market followed by Europe and Asia-Pacific. The growth in North America and Europe was primarily driven by advent of new technologies, growing ageing population, favourable regulatory framework, and high disposable income of the consumers.

Surgical Products Market Segmentation:

On the basis of Product

·        Surgical Sutures & Staplers

·        Handheld Surgical equipment

·        Electrosurgical Devices

·        Other surgical equipment

On the basis of Category

·        Reusable Surgical Equipment

·        Disposable Surgical Equipment

On the basis of Application   

·        Neurosurgery

·        Plastic & Reconstructive Surgeries

·        Wound Closure

·        Urology

·        Obstetrics & Gynecology

·        Thoracic Surgery

·        Microvascular

·        Cardiovascular

Based on region:

·        Asia Pacific

·        North America

·        Europe

·        South America

·        Middle East & Africa

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Reason to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors.
• Gain authentic and granular data access for Surgical Products Market so as to understand the trends and the factors involved behind changing market situations.
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future.
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns.

In addition to the market data for Surgical Products Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.

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