The Global Surgical Devices Market should grow from $85.5 billion in 2019 to reach $138.5 billion by 2027 at a compound annual growth rate (CAGR) of 10% for the period of 2021-2027.
A surgical device is a specially designed tool or a tool that performs a specific task or performs the desired effect during surgery or surgery. A surgical device is a tool or equipment used by a clinician to perform a surgical operation. Devices that are widely used include forceps, scalpels, retractors, clamps, and scissors. Certain surgical procedures require a special set of tools for accuracy in performance.
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Market Segments
By Device Type
- Disposable Surgical Device
- Reusable Surgical Device
- Medical Robotics & Computer-Assisted Devices
By Product Type
- Surgical Sutures & Staples
- Auxiliary Instruments
- Energy-based & Powered Instruments
- Others
By Application Type
- Orthopedic Surgery
- Laparoscopy
- Neurosurgery
- Wound Closure
Key Players
Key players operating in the global surgical devices market include Medtronic, Johnson & Johnson Services, Inc., Conmed Corporation, BD, 3M, B. Braun Melsungen AG, Stryker, Boston Scientific Corporation, and Smith & Nephew.
Scope of the Report
The research study analyzes the global Surgical Devices industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Surgical Devices Market Report
1. What was the Surgical Devices Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Surgical Devices Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Surgical Devices Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Surgical Devices market.
- The market share of the global Surgical Devices market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Surgical Devices market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Surgical Devices market.
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