Pune, Maharashtra -- (SBWIRE) -- 12/10/2019 -- Surgical Devices Industry

Description

The market is expected to grow during the forecast period owing to rising prevalence of chronic diseases like obesity, diabetes and cardiovascular diseases. The market is anticipated to show a significant growth due to increase in the laparoscopic surgeries and minimal invasive technologies in surgery.

The global surgical devices market is segmented based on products and region.

North America is estimated to have the highest market share and the Asia-Pacific region is anticipated to have the highest growth rate during the forecast period. The increase in health care expenditure in the Asia-Pacific market, growing research and development activities, increase in prevalence of chronic diseases are the major factors augmenting the growth of the market in the Asia-Pacific region.

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Reasons for Doing This Study

Global surgical devices market comprises of various technologies used for treatment of different chronic diseases. The surgical devices and its technologies market is evidencing significant changes with technological innovations such as surgical robotics, medical aesthetics and introduction of powered surgical tools and increasing significant focus on minimally invasive procedures. The market is dominated by hand tools and timesaving innovations have been introduced with the adoption of powered tools. This market has been highly sensitive to the economic downturn, which has led to reduced hospital budgets; however, it is rebounding rapidly.

The market has significant drivers such as an increase in lifestyle diseases and surgical procedures, increased accessibility to health care facilities, medical tourism and increased health care spending. However, the global market is complex, as its trends vary regionally. For instance, in India, medical and surgical equipment is largely an importdependent market; however, in the case of surgical equipment, domestic manufacturers earn significant revenues through the export of surgical equipment. Product differentiation in this market is extremely limited; hence, pricing and branding remains the unique selling proposition. The market is packed with numerous participants ranging from manufacturers of forceps to power tools and robotics.

Quite recently, specialty hospitals have seen appreciable growth in the developing economies focusing on intense treatments on a single therapeutic segment, for example, cardiology. However, these economies are still facing basic challenges with respect to proper sterilization of surgical equipment. Such diversified complexities across regions, end users and product categories are presenting significant challenges to surgical devices.

Report Scope:

This research report presents an in-depth analysis of the surgical devices market, including forecasted trends and sales through 2019. Key market participants, extensive product segments, supporting technologies, trends and market dynamics, competitive intelligence and regional trends are discussed in the report. The report discusses various supply chain participants such as manufacturers. Key trends, and market estimates are presented in detail. An in-depth analysis of regional market trend is presented in the report and focuses on the development of extensive technological trends across regions (i.e., the U.S., Europe and Japan). The report presents a market analysis and estimates for the broad range of surgical devices such as bariatric surgery devices, bio surgical devices, cardiovascular and peripheral vascular surgical devices, medical aesthetics, medical robotics, spinal surgery devices and surgical navigation technologies.

The market is segmented by geography into the following regions: North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The report presents detailed analyses of major countries such as the U.S., Canada, Mexico, Germany, the U.K. France, Spain, Italy, Japan, China and India. For market estimates, data is provided for 2018 as the base year, with forecasts for 2019 through 2024. Estimated values are based on product manufacturers' total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.

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Report Includes:

- 25 tables
- An overview of the global markets for medical surgical devices
- Analyses of the global market trends with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2024
- Information of growth driving factors like technological advancements in both surgical approaches and implants, and restraints of the market
- Insight into new products and technologies, as well as the development of new products that can address a growing number of therapeutic indications
- A look at the international regulations for those underlined surgical devices and instruments, and details concerning potential market for these developmental procedures and products
- Patent analysis covering allotments of intellectual property rights by significant categories
- Comprehensive company profiles of leading market players within the medical surgical devices industry, including Abbott Vascular, Baxter International Inc., DePuy Synthes, Gore Medical and Medtronic Corp.

480 Biomedical
4navitec Gmbh
M.I. (Agency For Medical Innovations)
Abbott Vascular
Abiomed Inc.
Aesculap
Aesculap, Inc.
Allergan Plc
Allurion Technologies
Alphatec Spine Inc.
Amedica Corp.
Angiodynamics, Inc.
Angioslide Ltd.
Anika Therapeutics, Inc.
Apollo Endosurgery
Applied Medical
Aptus Endosystems
Aspire Bariatrics
Braun Melsungen Ag
Baronova
Baxter International Inc.
Bfkw
Biobot Surgical Pte Ltd.
Biosensors International
Biotronik Inc. (Div. Biotronik Se & Co Kg)
Bioventrix Inc.
Boston Scientific Corp.
Boulder Innovation Group, Inc.
Brainlab Ag
R. Bard Inc.
Cae Healthcare
Candela
Cardiacassist Inc. (Tandemlife)
Cardiovascular Systems, Inc.
Cerapedics Inc.
Choice Spine Lp
Circulite Inc.
Cohera Medical Inc.
Control Medical Technology, Llc
Contura International A/S
Cook Group
Cook Medical, Inc.
Cordis Corp.
Corindus Vascular Robotics Inc.
Crisalix S.A.
Crospon
Cryolife Inc.
Cutera Inc.
Cvrx Inc.
Cynosure Inc.
Depuy Synthes
Eden Spine Llc
Edwards Lifesciences Corp.
Endogastric Solutions, Inc.
Ethicon Endo-Surgery (Subsidiary Of Johnson & Johnson)
Exactech Inc.
Gelesis
Gi Dynamics
Gi Windows
Globus Medical Inc.
Gore Medical
Heartware International Inc.
Hélioscopie
Hemostasis Llc
Hitachi Ltd.
Hocoma Ag
Hologic, Inc.
Honda Motor Co., Ltd.
Hyperbranch Medical Technology, Inc.
Ideal Implant Inc.
Implatech
Imris, Deerfield Imaging
Innovasis Inc.
Integra Life Sciences Corp.
Intrapace Inc.
Intuitive Surgical
Jarvik Heart Inc.
Johnson & Johnson
K2m Inc.
Karl Storz Gmbh & Co. Kg
Kinamed Inc.
Kinova Robotics
Kirby Lester
Kuros Biosciences Ag
Life Spine
Lumenis Ltd.
Maxon Motor Ag
Mazor Robotics Ltd.
Medicrea International
Medrobotics Corp.
Medtech Global Ltd.
Medtronic Corp.
Medytox Inc.
Merit Medical Systems Inc.
Merz Pharma Gmbh & Co. Kgaa
Metacure
Neuro France Implants
Nuvasive
Obalon Therapeutics
On-X Life Technologies Inc.
Orbusneich
Ortho Development Corp.
Orthofix International N.V.
Panasonic Corp.
Photomedex Inc.
Plensat
Qvanteq Ag
Revance Therapeutics Inc.
Rti Surgical Inc.
Sanofi Sa
Sarl Cousin Biotech
Schaerer Medical Usa, Inc.
Seaspine Inc.
Siemens Ag
Sienna Biopharmaceuticals, Inc.
Signus Medizintechnik Gmbh
Simbionix Ltd.
Simquest
Sklar
Smith & Nephew Plc
Sonowand As
Spatz Fgia
Spectranetics Corp.
Spinevision Sa
Stryker Corp.
Suneva Medical, Inc.
Surgical Science Sweden Ab
Swisslog Holding Ag
Syncardia Systems Inc.
Terumo Cardiovascular Group
Think Surgical, Inc.
Tissuemed Ltd.
Titan Medical Inc.
Touch Bionics
Transenterix
Ulrich Gmbh & Co. Kg
Usgi Medical
Valentx, Inc.
Venus Concept Ltd.
Vertiflex Inc.
Virtamed Ag
Volcano Corp.
Voxel-Man
L. Gore
Wright Medical Group Nv
X-Spine Systems Inc.
Zimmer Biomet Holdings Inc.
Z-Medica Corp.

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