Surgical Equipment Market to Reach US$ 15.3 billion by 2030

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Market Research Report
EXCLUSIVE EDITION
Global Surgical Equipment Market to Reach US
15.3 billion by 2030
Global Industry Analysis, Forecast and Trends,
2022-2030
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Surgical Equipment Market
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Surgical Equipment Market to Reach US 15.3
billion by 2030
Surgical Equipment Market by Product Type
(Hand-Held Surgical Equipment, and
Electrosurgical Equipment), by Application
(Wound Closure and Neurology), by End-Users
(Hospitals, ASCs, and Clinic), by Region
Global Share and Forecast to 2030
Description The global surgical equipment market
size is expected to grow from USD 7.0 billion in
2021 to USD 15.3 billion by 2030, at a CAGR of
10.3 from 2022 to 2030. Surgical equipment is a
medical device commonly used during a surgical
procedure. They are used in orthopedic, thoracic,
oral, neurology, and ENT surgeries. This
equipment constitutes an integral part of the
orthopedic, cardiovascular, spine, ENT, and
neurological surgeries. These tools permit
surgeons to work accurately and efficiently. They
are used in every aspect of surgery, ranging from
wound management to drilling, sawing, and reaming
in long bone fractures using screws and nails.
These tools are further improved to make them
lighter for easy handling by surgeons. Advanced
surgical equipment is reliable as they are high
on performance and easy to assemble. Surgical
equipment such as drills, retractors, clamps, and
reamers produces a thread pattern in the human
body.
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Surgical equipment can be classified into two
types reusable and disposable. The equipment
line depends on the type of surgery required.
Some of the common shapes of surgical equipment
include straight, curved, or circular. These
instruments find their use in open and closed
surgeries. The market is witnessing rapid
advancements in technology. However, surgeons
cannot understand the clinical or scientific
basis of the optimal use of these devices in
several cases. Therefore, many surgeons undergo
training programs for effective results. Request
Sample Copy of this Report https//www.marketstat
sville.com/request-sample/surgical-
equipment-market Global Surgical Equipment Market
Dynamics Drivers Growing Demand for Power Tools
in Surgical Procedures The growing need for power
tools will drive the demand for surgical
equipment. The surgical power tools market
benefits from the growing demand for minimally
invasive surgeries. There is increased adoption
of battery-driven cordless surgical power tools
due to their advantages. Vendors are increasingly
focusing on the use of lithium-ion batteries in
surgical tools. This is expected to improve the
workflow efficiency of surgeons. These batteries
offer high energy density, long lifecycle,
improved reliability, and high-performance
standards. Moreover, there has been an increased
demand for cordless surgical tools. Restraints
Complications in the Use of Surgical
Equipment Increasing complications with the use
of surgical equipment may hinder the growth
prospects in the market. Risks associated with
surgical instruments include implementing
improper techniques by the surgeon or the
technician, leaving an instrument inside the
patient after performing surgery, and
transmitting infection due to improper cleaning
and sterilization techniques. Improperly cleaned
or sterilized instruments contribute to post-
operative infections or mortality. Improper use
of surgical equipment may lead to
post-operative complications. As there is an
increased technological integration, there is an
increased likelihood that multiple components of
the surgical equipment can malfunction.
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• Opportunities Advent of Robotic Surgery Driving
  the Demand for Surgical Equipment
• The increased need for robotic surgery is likely
  to drive the demand for surgical equipment.
  Robotic-assisted
• surgeries require integrating various surgical
  equipment, including power tools, to perform
  various
• procedures. For instance, surgical robots work
  with four arms, which increases the demand for
  various surgical equipment, including power
  tools. For instance, the surgical robot developed
  by the University of Washington makes use of
  multiple surgical tools during surgical
  operations. They are programmed,
  computer-controlled devices, which can help
  position surgical instruments.
• The advantages associated with these systems will
  drive the adoption substantially. For instance,
  robotic surgical
• systems help to reduce post-surgical
  complications and decrease the procedural cost
  considerably.
• Scope of the Surgical Equipment
• The study categorizes the surgical equipment
  market based on product type, application, end-use
  rs at the regional and global levels.
• Direct Purchase Report https//www.marketstatsvil
  le.com/table-of-content/surgical-equipment-
  market
• By Product Type Outlook (Sales/Revenue, USD
  Million, 2017-2030)
• Surgical Sutures and Stapling Devices
• Hand-held Surgical Equipment
• Dilators
• Forceps and spatulas
• Cutter instruments
• Retractors
• Others
• Electrosurgical Equipment

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• By Application Outlook (Sales/Revenue, USD
  Million, 2017-2030)
• Obstetrics and Gynecology
• Orthopedics
• Thoracic
• Plastic and Reconstructive
• Wound Closure
• Neurology
• By End-Users Outlook (Sales/Revenue, USD Million,
  2017-2030)
• Hospitals
• ASCs
• Clinic
• By Region Outlook (Sales/Revenue, USD Million,
  2017-2030)
• North America (US, Canada, Mexico)
• South America (Brazil, Argentina, Colombia, Peru,
  Rest of Latin America)
• Europe (Germany, Italy, France, UK, Spain,
  Poland, Russia, Slovenia, Slovakia, Hungary,
  Czech Republic,
• Belgium, the Netherlands, Norway, Sweden,
  Denmark, Rest of Europe)
• Asia Pacific (China, Japan, India, South Korea,
  Indonesia, Malaysia, Thailand, Vietnam, Myanmar,
  Cambodia, the Philippines, Singapore, Australia
  New Zealand, Rest of Asia Pacific)
• The Middle East Africa (Saudi Arabia, UAE,
  South Africa, Northern Africa, Rest of MEA)

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The surgical sutures and staplers segment is
projected to account for the largest market
share, by product type Based on product type,
the global surgical equipment market is divided
into surgical sutures and staplers, hand- held
surgical devices, and electrosurgical devices. In
2021, the sutures and staplers segment accounted
for the largest market share of 50.1 in the
global surgical equipment market. Surgical
sutures are medical devices used to hold body
tissues together during an injury or surgery. A
needle generally performs this with an attached
length of thread. These sutures are available in
different materials, sizes, and shapes. Surgeons,
physicians, dentists, podiatrists,
ophthalmologists, registered nurses, other
trained nursing personnel, and clinical
pharmacists mostly prefer suturing surgical
procedures. Surgical knots are used to secure the
sutures. Surgical sutures are medical devices
used to hold body tissues together during an
injury or surgery. A needle generally performs
this with an attached length of thread. These
sutures are available in different materials,
sizes, and shapes. Surgeons, physicians,
dentists, podiatrists, ophthalmologists,
registered nurses, other trained nursing
personnel, and clinical pharmacists mostly prefer
suturing surgical procedures. Surgical knots are
used to secure the sutures. Access full Report
Description, TOC, Table of Figure, Chart, etc
https//www.marketstatsville.com/table-of-content/
surgical-equipment-market
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Asia Pacific accounts for the highest CAGR during
the forecast period Based on the regions, the
global surgical equipment market has been
segmented across North America, Asia- Pacific,
Europe, South America, and the Middle East
Africa. The surgical equipment market in APAC is
anticipated to witness higher growth potential
than other regions. This can be attributed to
rapidly developing healthcare infrastructure,
the growing medical tourism industry, and
attractive pre-approved loan schemes for the
mid-tier hospitals from government banks. For
instance, China is making substantial investments
in hospital remodeling and upgrading their
lower-tier hospitals to higher urban hospitals,
especially in the rural areas, which require
sophisticated surgical equipment. Vendors also
focus on solidifying their relationships with the
surgeons and end-users by offering training
sessions. They also provide innovative pricing
and financing models to create awareness about
the benefits of advanced surgical equipment such
as electrosurgical devices as part of their
marketing strategy. The leading global companies
who have already partnered with local medical
equipment vendors to generate revenue from the
developed markets are also focusing on
implementing the same strategy in this highly
untapped market. Request For Report Description
https//www.marketstatsville.com/surgical-equipmen
t-market
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