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| Medical Devices Market |
According to Transparency Market
Research “Surgical Equipment Market (Surgical Sutures, Surgical Hand
Instruments, and Electrosurgical Devices) – Global Forecast, Market Share,
Size, Growth and Industry Analysis (2010 – 2017)”; the global Transparency
Market Research surgical equipment market was worth USD 5.2 billion in 2011 and
is forecasted to reach USD 7.5 billion in 2017 at a CAGR of 6.2% from 2011 to
2017. Surgical sutures segment accounted for the largest share – i.e. 57.0% of
the global surgical equipment market at USD 3.0 billion in 2011. The
electrosurgical devices segment will have the fastest revenue growth at a CAGR
of 7.5% during 2011 – 2017.
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the full report with TOC at http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html
The global surgical equipment market
is divided into three categories: electrosurgical devices, hand instruments and
surgical suture. The surgical equipment industry is composed of mechanical
devices (such as lasers, electro-surgery devices, disposables, heavier cutting
tools, generators and accessories), handheld instruments (blades, scalpels,
clamps and scissors) and wound closure products such sutures (non-absorbable
and absorbable).
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Free Sample Report at http://www.transparencymarketresearch.com/surgical-equipment-market.html
The surgical equipment market is
driven by strong economic growth in Japan, Europe and in emerging economies
such as India and China. Increased healthcare expenditure, improving standards
of living and longer life expectancies are the major factors driving the growth
of the surgical equipment market. Moreover, growing demand of outpatient
surgeries, increase in the number of healthcare centers, the rise in the
surgical procedures performed globally; technological innovations and growing
preference for minimally invasive surgeries are also driving the growth of the
surgical equipment market.
Our research indicates faster growth
in number of surgical performed in emerging economies in comparison with
developed economies. This is primarily due to the higher economic growth and
fast improving healthcare facilities in these economies, and declining
repayment levels in the U.S.
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all Medical Devices Market Research Reports at http://www.transparencymarketresearch.com/medical-devices-market-reports-6.html
High competition in the global
surgical equipment market is observed with local and international players
capturing respective slice of the surgical pie. The faster addition of
operating facilities compounded with growing number of hospitals in emerging
economies provides healthy growth opportunities for established as well as new
players. The top four players in the global surgical equipment market accounted
for about 64% market share in 2011. Ethicon was the clear leader in the global
surgical equipment market accounting for 34.4% market share in 2011.
This report is an effort to identify
driving forces behind the global and regional surgical equipment market over
the next six years.
