How Global Surgical Equipment Market Players Should Strategize For 2022-2031

The global surgical equipment market size is expected to grow from $24.53 billion in 2021 to $26.89 billion in 2022 at a compound annual growth rate (CAGR) of 9.6%. The global surgical equipment market size is then expected to grow to $36.42 billion in 2026 at a CAGR of 7.9%.

What is the Global Surgical Equipment Market?

The surgical equipment market consists of sales of surgical equipment and related services by entities (organizations, sole traders, and partnerships) that produce surgical equipment used during surgeries

Get a Sample of the global surgical equipment market report
https://www.thebusinessresearchcompany.com/sample.aspx?id=3153&type=smp

What drives the Global Surgical Equipment Market?

Growing demand for minimally invasive surgery (MIS) will increase the demand for advanced surgical equipment. An MIS refers to any surgical procedure that requires minimal incisions as opposed to traditional or open surgery used for the same purpose. Preference for MIS procedures increased due to their multiple advantages such as short healing and recovery time, minimal scarring, cost-effectiveness, minimal trauma and pain, and decreased risk of infections and complications. Medical technology innovations led to the development of advanced surgical equipment such as Da Vinci surgical systems, C-arm devices, electrosurgical and power-assisted surgical equipment. These devices which enable MIS will drive the surgical equipment market during the forecast period.

Get the full global surgical equipment industry report here

Global Surgical Equipment Market Segments
The global surgical equipment market is segmented:
By Type: Surgical Sutures and Staples, Handheld Surgical Devices and Equipment, Electrosurgical Devices and Equipment
By End-User: Hospitals and Clinics, Diagnostic Laboratories, Others
By Type of Expenditure: Public, Private
By Product: Instruments/Equipment, Disposables
By Geography: The regions covered in the surgical equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Surgical Equipment Global Market Report 2022provides market size and growth forecasts for the global surgical equipment market, global surgical equipment market share, surgical equipment market segments and geographies, surgical equipment market competitive landscape including leading competitors’ revenues, profiles and market shares. The surgical equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Surgical Equipment Industry Playersinclude Johnson & Johnson (J&J), Stryker Corporation, Intuitive Surgical, B. Braun Melsungen AG, and Getinge Group. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.