Europe General Surgical Devices Market Growth and Outlook 2021
Europe General Surgical Devices Market was worth $XX billion in 2016 and estimated to reach $2.11 billion by the end of 2021 with a CAGR of 10%.
(EMAILWIRE.COM, December 05, 2017 ) Surgical device is a designed tool for performing specific actions of carrying out a particular task during a surgery or operation, like provide access for viewing it. They are used for a number of functions during surgical procedures, basically wound closure, plastic and reconstructive surgeries. They are used in the areas of neurology, urology, orthopedics, cardiovascular medicine, obstetrics, gynecology, etc. These tools are mainly used in small clinics, hospitals, and other places.
Increasing healthcare expenditure, increasing demand for technologically advanced minimal invasive surgical procedures and rising demand for plastic and reconstructive surgery are expected to boost to the market growth during the forecast period. Moreover, the rapid growth in general surgical devices market is primarily driven by the factors such as rising demand due to rising number of surgical procedures with rising prevalence & incidence of various chronic diseases accompanied by increasing ageing population. However, price competition in the industry is one of the factors holding back the growth. Stringent government regulations and lack of proper reimbursement for surgical equipment may also hamper the market growth during the forecast period.
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The Europe General Surgical Devices Market is segmented based on type as Callipers, Forceps, Suction Tubes, Scissors, Probes, Handles, Needle Holder, Speculums, Clamps, Distractors, Retractors, Tendon Strippers, Clips, Sutures, Catheters, Approximators and others. By technology, it has been segmented into Electrosurgical Equipment, Wireless Surgical Equipment, Manual Surgical Equipment. Further, based on the end-users, they have been segmented into clinics, hospitals and others.
On the basis of geography, the Europe market is analyzed under various regions namely UK, Spain, Italy, Germany and France. Electrosurgical devices segments is expected to register the fastest growth during the forecast period owing to the rising demand for these devices among growing number of minimal invasive surgical procedures. The growth in Europe is driven by advent of new technologies, favorable regulatory framework, growing ageing population, and high disposable income of consumer population.
The key players in this market include Medtronic Plc., Stryker Corporation, Johnsons And Johnsons, Conmed Corporation, Alcon Laboratories Inc., Smith & Nephew PLC, Zimmer Holdings Inc., Boston Scientific Corporation, B. Braun Melsungen AG, KLS Martin Group, Olympus Corporation, Applied Medical Resources Corporation, Microline Surgicals, Inc., Karl Storz GmbH & Co. Kg, Cook Medical Incorporated, and Teleflex Incorporated.
Increasing healthcare expenditure, increasing demand for technologically advanced minimal invasive surgical procedures and rising demand for plastic and reconstructive surgery are expected to boost to the market growth during the forecast period. Moreover, the rapid growth in general surgical devices market is primarily driven by the factors such as rising demand due to rising number of surgical procedures with rising prevalence & incidence of various chronic diseases accompanied by increasing ageing population. However, price competition in the industry is one of the factors holding back the growth. Stringent government regulations and lack of proper reimbursement for surgical equipment may also hamper the market growth during the forecast period.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/europe-general-surgical-device-market--1442/request-sample
The Europe General Surgical Devices Market is segmented based on type as Callipers, Forceps, Suction Tubes, Scissors, Probes, Handles, Needle Holder, Speculums, Clamps, Distractors, Retractors, Tendon Strippers, Clips, Sutures, Catheters, Approximators and others. By technology, it has been segmented into Electrosurgical Equipment, Wireless Surgical Equipment, Manual Surgical Equipment. Further, based on the end-users, they have been segmented into clinics, hospitals and others.
On the basis of geography, the Europe market is analyzed under various regions namely UK, Spain, Italy, Germany and France. Electrosurgical devices segments is expected to register the fastest growth during the forecast period owing to the rising demand for these devices among growing number of minimal invasive surgical procedures. The growth in Europe is driven by advent of new technologies, favorable regulatory framework, growing ageing population, and high disposable income of consumer population.
The key players in this market include Medtronic Plc., Stryker Corporation, Johnsons And Johnsons, Conmed Corporation, Alcon Laboratories Inc., Smith & Nephew PLC, Zimmer Holdings Inc., Boston Scientific Corporation, B. Braun Melsungen AG, KLS Martin Group, Olympus Corporation, Applied Medical Resources Corporation, Microline Surgicals, Inc., Karl Storz GmbH & Co. Kg, Cook Medical Incorporated, and Teleflex Incorporated.
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Market Data Forecast.
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results