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The global surgical equipment market in terms of revenue is set to grow by US$ 9 billion during 2021-2027, growing at a compound annual growth rate (CAGR) of 6.4% during the forecast period, according to data and analytics company StrategyHelix. Growth in the geriatric population, increasing prevalence of chronic and infectious diseases, increase in number of surgical procedures, and surge in demand for technologically advanced surgical procedures are the key factors driving market growth.
The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for surgical equipment. The global surgical equipment market is segmented on the basis of product, application, usability, and region. By product, it is categorized into manual devices, electrosurgical devices, and others. The manual devices segment held the largest market share in 2020. By application, the surgical equipment market is divided into cardiovascular, dental, laparoscopy, microvascular, neurosurgery, obstetrics & gynecology, ophthalmic, orthopedic surgery, plastic & reconstructive, thoracic surgery, urology, wound closure, and others. The laparoscopy segment accounted for the largest market share in 2020. Based on usability, the surgical equipment market is divided into reusable surgical equipment, and disposable surgical equipment.
The report has profiled some of the key players of the market such as B. Braun Melsungen AG, Becton Dickinson and Company, Boston Scientific Corporation, CONMED Corporation, Hologic Inc., Johnson & Johnson, Medtronic plc, Smith & Nephew plc, Stryker Corporation, Zimmer Biomet Holdings Inc..
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the surgical equipment market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Report Scope
Product: manual devices, electrosurgical devices, and others
Application: cardiovascular, dental, laparoscopy, microvascular, neurosurgery, obstetrics & gynecology, ophthalmic, orthopedic surgery, plastic & reconstructive, thoracic surgery, urology, wound closure, and others
Usability: reusable surgical equipment, and disposable surgical equipment
Region: North America, Asia Pacific, Europe, and Rest of the World (ROW)
Years Considered: this report covers the period 2017 to 2027
Key Benefits for Stakeholders
Get a comprehensive picture of the global surgical equipment market
Identify regional strategies and strategic priorities on the basis of local data and analysis
Pinpoint growth sectors and trends for investment
Understand what the future of the global surgical equipment market looks like
Identify the competitive landscape and window of opportunity