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TITLE:-

Surgical Devices Market By


Device type (Disposable
Surgical Device, Reusable
Surgical Device, Medical
robotics & computer-assisted
devices), By Product (Surgical
Sutures and Staples, Others),
By Application And Segment
Forecasts, 2016-2026

Category:-
Medical Devices
Market Size – USD 14.93 billion in 2018, Market
Growth - CAGR of 7.1%, Market Trends –Rise in
demand for plastic or reconstructive surgeries

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Surgical Devices Market To Reach USD 26.52 Billion By 2026

Increase in number of surgeries coupled with technological advancements globally, are the major
factors influencing market growth.
Market Size – USD 14.93 billion in 2018, Market Growth - CAGR of 7.1%, Market Trends –Rise in
demand for plastic or reconstructive surgeries
The Surgical Devices Market is estimated to reach USD 26.52 Billion by 2026, according to a new report
by Reports and Data. This can be mainly associated with the growing number of surgical procedure
along with technological advancements in surgeries that are expected to become the most common
growth factors globally in the coming years.

The growth in the market is driven by factors such as the increasing number of surgical procedures
which has led to the growing demand for surgical tools with developing predominance & incidence of
several chronic diseases and increase in aging population. Growing demand for plastic and
reconstructive surgery, rising healthcare expenditure, and accelerating need for technologically
advanced and minimally invasive surgical procedures are anticipated to promote the market growth
further during the forecast period. Stringent government regulations and lack of proper compensation
for surgical devices may hinder the market growth during the forecast period.
Due to the presence of key players, favorable reimbursement policies, and rising number of surgical
procedures and several initiatives taken by the government to provide access to advanced devices for
general surgery & training sessions for physicians, North America accounts for the largest market share
of 31.3% in 2018.

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To identify the key trends in the industry, click on the link


below: https://www.reportsanddata.com/report-detail/surgical-devices-market
Further key findings from the report suggest
 A surgical device is a tool or equipment designed for performing particular actions or taking out
desired effects during a surgery or operation.
 The growing inclination towards minimally invasive surgeries such as electro surgery contributes
to the market demand.
 The global Surgical Devices Market is growing at a rapid speed due to the rising demand for
plastic and reconstructive surgery and also the growing number of aged patients worldwide.
 The reusable surgical device segment is expected to grow at the highest rate of 7.2% during the
forecast period.
 The reusable surgical devices are highly adopted by the surgeons worldwide to decrease
overhead costs, particularly surgeons operating in an ambulatory surgical center (ASC) setting or
small medical set-ups.
 The presence of unique diagnostic and therapeutic medical technologies that enable quick and
accurate diagnosis is the primary factor for the growth of this segment.
 Laparoscopes application is expected to grow at the highest rate of 7.4% during the forecast
period. The factors such as cosmetic benefits for patients, minimally-invasive surgery and an
increase in insurance coverage for laparoscopic surgeries contribute to its growth.
 The availability of advanced systems coupled with the presence of experienced employees is
also some of the factors that are expected to bring lucrative opportunities for this segment.
 Due to the growing preference for disposable devices such as syringes, needles, and catheters,
this segment is expected to dominate the market in the coming years.
 The disposable surgical device sector is estimated to reach USD 10.04 billion by 2026 at a CAGR
of 7.1% during the forecast period.
 Innovative product development and collaborative developments are some critical strategic
initiatives taken by the players in this industry to point their mark in the competition.
 According to an article published by Time, Inc., more than 4,100 da Vinci units have been
introduced globally till June 30th, 2016.
 Other region such as the APAC is anticipated to grow at the highest rate of 7.4% during the
forecast period. The increase in this region is due to the rising population, and the emerging
healthcare network which are expected to spur the market in the future.
 Key participants include Johnson & Johnson Services, Inc., Stryker, Medtronic, CONMED
Corporation, Becton, 3M, Dickinson and Company, Integra LifeSciences, B. Braun Melsungen AG,
Smith & Nephew, Erbe Elektromedizin GmbH, Boston Scientific Corporation, and Zimmer
Holdings Inc., among others.

For the purpose of this study, Reports and Data have segmented the global Surgical Devices Market on
the basis of Device type, Product, application and region:

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By Device type Outlook (Revenue, USD Million; 2016-2026)


 Disposable Surgical Device
 Reusable Surgical Device
 Medical robotics & computer-assisted devices

By Product Outlook (Revenue, USD Million; 2016-2026)


 Surgical Sutures and Staples
 Auxiliary Instruments
 Energy-based & Powered Instruments
 Others

Application Outlook (Revenue, USD Million; 2016-2026)


 Orthopedic Surgery
 Laparoscopy
 Neurosurgery
 Wound Closure
 Others

Regional Outlook (Revenue, USD Million; 2016-2026)


 North America
o U.S.
 Europe
o France
o UK
 Asia Pacific
o China
o India
o Japan
 Latin America
o Brazil
 MEA

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Table of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018-2026
Chapter 3. Indicative Metrics
Chapter 4. Surgical Devices Market Segmentation & Impact Analysis
4.1. Surgical Devices Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Technological advancement
4.2.2.2. Growing awareness for plastic or reconstructive surgeries
4.2.3. Market restraints analysis
4.2.3.1. Expensive method
4.3. Technological Insights
4.4. Regulatory Framework
4.5. ETOP Analysis
4.6. Porter’s Five Forces Analysis
4.7. Competitive Metric Space Analysis
4.8. Price trend Analysis
Chapter 5. Surgical Devices Market By Device type Insights & Trends
5.1. Device type dynamics & Market Share, 2019 & 2026
5.2. Disposable Surgical Device
5.2.1. Market estimates and forecast, 2016 – 2026(USD Million)
5.2.2. Market estimates and forecast, by region, 2016 – 2026(USD Million)
5.3. Reusable Surgical Device
5.3.1. Market estimates and forecast, 2016 – 2026(USD Million)
5.3.2. Market estimates and forecast, by region, 2016 – 2026(USD Million)
5.4. Medical robotics & computer-assisted devices
5.4.1. Market estimates and forecast, 2016 – 2026(USD Million)
5.4.2. Market estimates and forecast, by region, 2016 – 2026(USD Million)
Chapter 6. Surgical Devices Market By Product Insights & Trends
6.1. Product dynamics & Market Share, 2019 & 2026
6.2. Surgical Sutures and Staples
6.2.1. Market estimates and forecast, 2016 – 2026(USD Million)
6.2.2. Market estimates and forecast, by region, 2016 – 2026(USD Million)
6.3. Auxiliary Instruments
6.3.1. Market estimates and forecast, 2016 – 2026(USD Million)
6.3.2. Market estimates and forecast, by region, 2016 – 2026(USD Million)

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6.4. Energy-based & Powered Instruments


6.4.1. Market estimates and forecast, 2016 – 2026(USD Million)
6.4.2. Market estimates and forecast, by region, 2016 – 2026(USD Million)
6.5. Others
6.5.1. Market estimates and forecast, 2016 – 2026(USD Million)
6.5.2. Market estimates and forecast, by region, 2016 – 2026(USD Million)

Continue…

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