(Health-NewsWire.Net, November 15, 2017 ) Surgical device is a designed tool for performing particular actions of carrying out a particular task during a operation or surgery, like providing access for viewing it. They are used for a number of functions during surgical procedures, basically wound closure, reconstructive and plastic surgeries. They are used in the areas of neurology, orthopaedics, urology, cardiovascular medicine, obstetrics, gynaecology, etc. These tools are chiefly used in hospitals, small clinics, and other places.
Global General Surgical Devices: Drivers & Restraints The fast growth in general surgical devices market is mainly driven by factors like rising demand due to growing number of surgical procedures with rising incidence of several chronic diseases accompanied by increasing aging population. Moreover, rising healthcare expenditure, growing demand for technologically advanced minimal invasive surgical procedures and increasing demand for reconstructive and plastic surgery are further expected to propel to the market growth during the forecast period. However, price competition prevailing in the industry is one of the factors hindering the growth. Lack of proper reimbursement for surgical equipment and stringent government regulations may also hinder the market growth during the forecast period.
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Global General Surgical Devices: Segmentation
By Type • Introduction • Callipers • Forceps • Suction Tubes • Scissors • Probes • Handles • Needle Holders • Speculums • Clamps • Distractors • Retractors • Tendon Strippers • Clips • Sutures • Catheters • Approximators • Others
By Technology • Introduction • Electrosurgical Equipment • Wireless Surgical Equipment • Manual Surgical Equipment
By End-Users • Introduction • Clinics • Hospitals • Others
By Geography • North America o United States o Canada
• Europe o U.K o Spain o Germany o Italy o France
• Asia-Pacific o China o India o Japan o Australia o South Korea
• Latin America o Brazil o Argentina o Mexico o Rest of Latin America
• Middle East & Africa o Middle-East o Africa
Global General Surgical Devices: Overview Factors like growing prevalence and incidence of several chronic diseases accompanied by increasing geriatric population are affecting the growth of this market positively. However, other factors such as price competition prevailing in the industry are hindering the growth of this market.
Electrosurgical devices segments is expected to have the highest growth during the forecast period, owing to the growing demand for these devices amidst rising number of minimal invasive surgical procedures. The growth in Europe and North America was driven by advent of favorable regulatory framework, new technologies, growing ageing population, and high disposable income of consumer population. Asia-pacific is expected to have the fastest growth rate, owing to advancing medical tourism industry, growing willingness to undergo surgical procedures, growing prevalence of chronic diseases which requires surgical procedures and improving healthcare infrastructure.
Global General Surgical Devices: Key Players Some of the major companies dominating Global General Surgical Devices Market are Medtronic Plc., Stryker Corporation, Conmed Corporation, Johnsons And Johnsons, Alcon Laboratories Inc., Smith & Nephew PLC, Boston Scientific Corporation, Zimmer Holdings Inc., B. Braun Melsungen AG, KLS Martin Group, Applied Medical Resources Corporation, Olympus Corporation, Microline Surgicals, Inc., Karl Storz GmbH & Co. Kg, Cook Medical Incorporated, and Teleflex Incorporated.
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