The Business Research Company’s Surgical Equipment Global Market Report 2021 – COVID-19 Impact and Recovery
LONDON, GREATER LONDON , UK, November 17, 2021 /EINPresswire.com/ — Surgical equipment manufacturers are offering next generation ultrasonic surgical devices to simplify complex surgical procedures. Modern ultrasonic surgical devices are multifunctional instruments capable of performing tissue plane dissection, coagulation, and transection during laparoscopic or open surgical procedures. Next generation ultrasonic devices feature adaptive tissue technology. In this technology ultrasonic algorithm actively monitors the condition of the tissue within the jaws of the device and allows the system to intelligently sense and respond to changes in patient tissue conditions. The system modulates energy delivery based on tissue thickness and tissue type to optimize vessel sealing and provide for secure and reliable large vessel sealing. Ethicon’s Harmonic devices feature adaptive tissue technology.
Growing demand for minimally invasive surgery (MIS) will increase the demand for advanced surgical equipment. A 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.
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Major players covered in the global surgical equipment industry are Johnson & Johnson (J&J), Stryker Corporation, Intuitive Surgical, B. Braun Melsungen AG, Getinge Group.
The global surgical equipment market size is expected to grow from $12.23 billion in 2020 to $13.02 billion in 2021 at a compound annual growth rate (CAGR) of 6.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $16.18 billion in 2025 at a CAGR of 6%
North America was the largest region in the global surgical equipment market, accounting for 34% of the market in 2020. Western Europe was the second largest region, accounting for 28% of the global surgical equipment market. Africa was the smallest region in the global surgical equipment market.
TBRC’s global surgical equipment market report is segmented by type into surgical sutures and staples, handheld surgical devices and equipment, electrosurgical devices and equipment, by end user into hospitals and clinics, diagnostic laboratories, others, by type of expenditure into public, private, by product into instruments/equipment, disposables.
Surgical Equipment Global Market Report 2021 – By Type (Surgical Sutures And Staples, Handheld Surgical Devices And Equipment, Electrosurgical Devices And Equipment), By End User (Hospitals And Clinics, Diagnostic Laboratories), By Type of Expenditure (Public, Private), By Product (Instruments/Equipment, Disposables), COVID-19 Impact and Recovery is one of a series of new reports from The Business Research Company that provides surgical equipment market overview, forecast surgical equipment market size and growth for the whole market, surgical equipment market segments, and geographies, surgical equipment market trends, surgical equipment market drivers, restraints, leading competitors’ revenues, profiles, and market shares.
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Here Is A List Of Similar Reports By The Business Research Company:
Surgical Sutures And Staples Global Market Report 2021 – By Type (Surgical Sutures, Surgical Staples), By End User (Hospitals, Ambulatory Surgical Centers (ASCs), Clinics), By Surgical Sutures (Absorbable, Non Absorbable), By Surgical Staples (Disposable Surgical Staplers, Reusable Surgical Staplers), COVID-19 Impact And Recovery
Surgical Imaging Arms Global Market Report 2021 – By Product Type (G-Arm Surgical Imaging Devices, C-Arm Surgical Imaging Devices, O-Arm Surgical Imaging Devices), By Technology (Image Intensifier C-Arms, Flat Panel Detector C-Arms), By Application (Orthopaedic And Trauma Surgeries, Neurosurgeries, Cardiovascular Surgeries, Gastrointestinal Surgeries), By End-User (Hospitals And Ambulatory Surgical Centers, Academic Research Institutes), COVID-19 Growth And Change
Surgical Sealants And Adhesives Global Market Report 2021 – By Product (Biological Sealants, Synthetic Sealants, Semi-Synthetic Sealants), By Indication (Tissue Sealing, Tissue Engineering, Hemostasis), By End Use (Hospitals, Clinics), COVID-19 Growth And Change
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