All updated as on -
By 2030, the market for surgical equipment is anticipated to reach USD 30.69 billion, growing at a 9.9% CAGR from 2023 to 2030.
Surgical tools are instruments used in medicine to physically alter biological tissue or to grant access to a body's internal organs. The development of the worldwide surgical equipment market is being driven by the employment of contemporary electronic technologies like robotic and power aided systems and invasive surgical equipment.
Sterilisation of surgical instruments is now more crucial than ever in the healthcare industry due of the COVID 19 epidemic. In order to avoid the COVID 19 virus from spreading, medical facilities must inspect surgical equipment for sterilisation. Healthcare facilities started to feel the strain of containing the spread of COVID 19 through contaminated surgical equipment as soon as it started to dominate numerous nations, including India, the US, Russia, and Brazil. As a result, businesses in the surgical equipment sector began to take precautions by sterilising and cleaning the equipment before supplying it to medical facilities. This is due to the fact that medical systems without adequate on-site equipment for sterilisation can lead to an increase in the COVID 19 virus among people.
Due to the significant losses they sustained during the epidemic, many ambulatory surgical centres were closed. The market was beginning to recover, though, as a result of the development of vaccinations as well as the increased focus by the governments on outbreak prevention strategies. Additionally, healthcare facilities are now handling the backlogs that emerged during the outbreak. Thus, during the course of the projected period, it is anticipated that the global market for surgical equipment would experience significant expansion.
Report Coverage
Global Surgical Equipment research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Surgical Equipment report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Surgical Equipment competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Surgical Equipment market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Surgical Equipment market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Surgical Equipment market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
B. BRAUN MELSUNGEN AG, BOSTON SCIENTIFIC CORPORATION, CONMED CORPORATION, COUSIN-BIOTECH, ENTRHAL MEDICAL GMBH, FUHRMANN GmbH, INTEGRA LIFE SCIENCES HOLDINGS CORPORATION, JOHNSON & JOHNSON, KLS MARTIN GROUP, MEDTRONIC PLC, NOVARTIS INTERNATIONAL AG, PETERS SURGICAL , SASUSMITH & NEPHEW PLC
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Surgical Equipment market based on the below-mentioned segments:
Global Surgical Equipment Market, By Product
Global Surgical Equipment market, By Application
Global Surgical Equipment market, Regional Analysis
Surgical tools are instruments used in medicine to physically alter biological tissue or to grant access to a body's internal organs. The development of the worldwide surgical equipment market is being driven by the employment of contemporary electronic technologies like robotic and power aided systems and invasive surgical equipment.
Sterilisation of surgical instruments is now more crucial than ever in the healthcare industry due of the COVID 19 epidemic. In order to avoid the COVID 19 virus from spreading, medical facilities must inspect surgical equipment for sterilisation. Healthcare facilities started to feel the strain of containing the spread of COVID 19 through contaminated surgical equipment as soon as it started to dominate numerous nations, including India, the US, Russia, and Brazil. As a result, businesses in the surgical equipment sector began to take precautions by sterilising and cleaning the equipment before supplying it to medical facilities. This is due to the fact that medical systems without adequate on-site equipment for sterilisation can lead to an increase in the COVID 19 virus among people.
Due to the significant losses they sustained during the epidemic, many ambulatory surgical centres were closed. The market was beginning to recover, though, as a result of the development of vaccinations as well as the increased focus by the governments on outbreak prevention strategies. Additionally, healthcare facilities are now handling the backlogs that emerged during the outbreak. Thus, during the course of the projected period, it is anticipated that the global market for surgical equipment would experience significant expansion.
Report Coverage
Global Surgical Equipment research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Surgical Equipment report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Surgical Equipment competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Surgical Equipment market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | B. BRAUN MELSUNGEN AG, BOSTON SCIENTIFIC CORPORATION, CONMED CORPORATION, COUSIN-BIOTECH, ENTRHAL MEDICAL GMBH, FUHRMANN GmbH, INTEGRA LIFE SCIENCES HOLDINGS CORPORATION, JOHNSON & JOHNSON, KLS MARTIN GROUP, MEDTRONIC PLC, NOVARTIS INTERNATIONAL AG, PETERS SURGICAL , SASUSMITH & NEPHEW PLC |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Surgical Equipment Market from 2021 to 2030.
- Market Forecast for Surgical Equipment Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Surgical Equipment competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Surgical Equipment
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Surgical Equipment market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Surgical Equipment market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
B. BRAUN MELSUNGEN AG, BOSTON SCIENTIFIC CORPORATION, CONMED CORPORATION, COUSIN-BIOTECH, ENTRHAL MEDICAL GMBH, FUHRMANN GmbH, INTEGRA LIFE SCIENCES HOLDINGS CORPORATION, JOHNSON & JOHNSON, KLS MARTIN GROUP, MEDTRONIC PLC, NOVARTIS INTERNATIONAL AG, PETERS SURGICAL , SASUSMITH & NEPHEW PLC
Primary Target Market
- Market Players of Surgical Equipment
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Surgical Equipment market based on the below-mentioned segments:
Global Surgical Equipment Market, By Product
- Surgical Sutures and Staplers
- Handheld Surgical Devices
- Electrosurgical Devices
Global Surgical Equipment market, By Application
- Neurosurgery
- Wound closure
- Plastic and Reconstructive Surgery
- Cardiovascular
- Obstetrics & Genecology
- Others
Global Surgical Equipment market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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