Surgical devices are intended to use to perform the functions such as making incisions, holding organs and tissues back, providing access to site of operation, coagulation of blood and closing the wound during surgical procedure ....see more
The global electrosurgery market in terms of revenue was estimated to be worth $6.2 billion in 2022 and is poised to reach $8.3 billion by 2027, growing at a CAGR of 6.0% from 2022 to 2027. The growth of this market is mainly driven by factors such as the growing prevalence of chronic diseases, the increasing demand for minimally invasive procedures, innovation and technological advancements in electrosurgical instruments, the increasing number of hospitals (coupled with the increasing number of surgical procedures), and the shifting preference towards outpatient surgeries in developed regions.
The global surgical staplers market is expected to reach USD 4.78 Billion by 2022 from USD 3.38 Billion in 2017, at a CAGR of 7.2%. The surgical stapler market is duopolistic in nature with two major players Ethicon Inc. (U.S.) and Medtronic plc (Ireland). CONMED Corporation (U.S.), Smith & Nephew (U.K.), Purple Surgical Inc. (U.K.), Intuitive Surgical Inc. (U.S.), Welfare Medical Ltd. (U.K.), Reach surgical Inc. (China), Meril Life Science Pvt. Ltd. (India), Grena Ltd. (U.K.), B. Braun Melsungen AG (Germany), Dextera Surgical Inc. (U.S.), Frankenman International (China), and Becton, Dickinson and Company (U.S.) are some of the other players operating in the global surgical staplers market.
The global surgical lasers market is projected to grow at a CAGR of 5.1%. The rising demand for surgical lasers can be attributed to the growing prevalence of chronic diseases, technological advancements, increasing incidence and prevalence of targeted diseases, and high prevalence of ophthalmic disorders. In addition, growing preference for minimally invasive surgeries among patients and healthcare professionals is supporting the growth of the surgical lasers market.
The global surgical/operating microscope market is projected to grow at a CAGR of 12.5%. Some of the prominent players in the market are Novartis Ag (Switzerland), Danaher Corporation (U.S.), Topcon Corporation (Japan), Carl Zeiss AG (Germany), Hagg-Streit Surgical GMBH (MÍLLER-WEDEL GMBH) (Germany) Accu-Scope Inc., Alltion (Wuzhou) Co., Ltd., Arri Medical (Arri Group), Karl Kaps GmbH & Co. Kg, Takagi Seiko Co. Ltd.
The global syringes market size is projected to grow at a CAGR of 8.7%. High prevalence of chronic diseases across the globe, rising geriatric population, increasing adoption of safety syringes, technological advancements, and increasing demand for vaccines are supporting the market growth of syringes. However, high cost of safety syringes and increasing incidence of needle stick injuries are the major challenges in global Market.