Surgical Equipment Market (Surgical Sutures, Surgical Hand Instruments and Electrosurgical Devices) Estimated to Reach USD 7.5 Billion Globally in 2017: Transparency Market Research
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Surgical Equipment Market (Surgical Sutures, Surgical Hand Instruments and Electrosurgical Devices) Estimated to Reach USD 7.5 Billion Globally in 2017: Transparency Market Research

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Surgical Equipment Market (Surgical Sutures, Surgical Hand Instruments and Electrosurgical Devices) Estimated to Reach USD 7.5 Billion Globally in 2017: Transparency Market Research PR Newswire ALBANY, New York, May 31, 2012 ALBANY, New York, May 31, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Surgical Equipment Market (Surgical Sutures, Surgical Hand Instruments and Electrosurgical Devices) - Global Forecast, Market Share, Size, Growth and Industry Analysis (2010 - 2017)"; the global surgical equipment market was worth USD 5.2 billion in 2011 and is forecasted to reach USD 7.5 billion in 2017 at a CAGR of 6.2% from 2011 to 2017. Surgical sutures segment accounted for the largest share - i.e. 57.0% of the global surgical equipment market at USD 3.0 billion in 2011. The electrosurgical devices segment will have the fastest revenue growth at a CAGR of 7.5% during 2011 - 2017. Browse the full report athttp://www.transparencymarketresearch.com/surgical-equipment- market.html The global surgical equipment market is divided into three categories: electrosurgical devices, hand instruments and surgical suture.

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Surgical Equipment Market (Surgical Sutures,
Surgical Hand Instruments and Electrosurgical
Devices) Estimated to Reach USD 7.5 Billion
Globally in 2017: Transparency Market
Research
PR Newswire
ALBANY, New York, May 31, 2012
ALBANY, New York
,
May 31, 2012
/PRNewswire/ --
According to a new market report published by Transparency Market Research
(http://www.transparencymarketresearch.com) "Surgical Equipment Market
(Surgical Sutures, Surgical Hand Instruments and Electrosurgical Devices) -
Global Forecast, Market Share, Size, Growth and Industry Analysis (2010 -
2017)"; the global surgical equipment market was worth
USD 5.2 billion
in 2011
and is forecasted to reach
USD 7.5 billion
in 2017 at a CAGR of 6.2% from 2011
to 2017. Surgical sutures segment accounted for the largest share - i.e. 57.0%
of the global surgical equipment market at
USD 3.0 billion
in 2011. The
electrosurgical devices segment will have the fastest revenue growth at a CAGR
of 7.5% during 2011 - 2017.
Browse the full report
athttp://www.transparencymarketresearch.com/surgical-equipment-
market.html
The global surgical equipment market is divided into three categories:
electrosurgical devices, hand instruments and surgical suture. The surgical
equipment industry is composed of mechanical devices (such as lasers, electro-
surgery devices, disposables, heavier cutting tools, generators and
accessories), handheld instruments (blades, scalpels, clamps and scissors) and
wound closure products such sutures (non-absorbable and absorbable).
The surgical equipment market is driven by strong economic growth in
Japan
,
Europe
and in emerging economies such as
India
and
China
. Increased
healthcare expenditure, improving standards of living and longer life
expectancies are the major factors driving the growth of the surgical
equipment market. Moreover, growing demand of outpatient surgeries,
increase in the number of healthcare centers, the rise in the surgical
procedures performed globally; technological innovations and growing
preference for minimally invasive surgeries are also driving the growth of the
surgical equipment market.
Our research indicates faster growth in number of surgical performed in
emerging economies in comparison with developed economies. This is primarily
due to the higher economic growth and fast improving healthcare facilities in
these economies, and declining repayment levels in the U.S.
High competition in the global surgical equipment market is observed with local
and international players capturing respective slice of the surgical pie. The
faster addition of operating facilities compounded with growing number of
hospitals in emerging economies provides healthy growth opportunities for
established as well as new players .The top four players in the global surgical
equipment market accounted for about 64% market share in 2011. Ethicon was
the clear leader in the global surgical equipment market accounting for 34.4%
market share in 2011.
This report is an effort to identify driving forces behind the global and regional
surgical equipment market over the next six years. The report provides
extensive analysis of the surgical equipment market and current market trends
and presents a comprehensive assessment on the basis of:
Categories
- Surgical Sutures
- Absorbable Sutures
- Non Absorbable Sutures
-
Surgical Hand Instruments
- Electrosurgical Devices
Products
- Saw Blades
- WecPrep Blades
- Scalpel Blades
- Saws
- Scalpels
Types
- Disposable
- Reusable
Geography
- U.S.
-
Europe
-
Asia
- RoW
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Transparency Market Research is a global market intelligence company,
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rigorous primary and secondary research techniques in developing distinctive
data sets and research material for business reports.
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