General Surgery Devices Market Will Reach $17.5 Billion By 2024: Grand View Research, Inc.
The global general surgery devices market was valued at USD
7.0 billion in 2015 and is expected to reach a value of USD 17.5 billion by
2024, based on a new study by Grand View Research, Inc. The growth of the
market is attributed to the increasing geriatric population base, government
support and continual technological advancements launched by the key players.
Demand for advanced devices is growing steadily due to heightened awareness
levels of newer technologies and the subsequent increase in the adoption of
minimally invasive and computer-assisted treatments.
Technological development in the industry is favoring the
emergence of minimally invasive procedures, thereby increasing patient safety
and shortening hospital stays. Several technological changes have been
witnessed in varied segments of abdominal and hernia surgeries; cardiac, trauma
and burn surgeries; and in breast and plastic surgeries. For instance,
thymectomy is a newly developed procedure for my asthenia gravis patients.
Globally, rise in the number of procedures is one of the key
factors driving the overall market. According to a study, general surgery
accounts for an average 8% of all procedures in ambulatory surgical centers
nationwide.
Browse full research report on Global General Surgery Devices Market: http://www.grandviewresearch.com/industry-analysis/general-surgery-devices-market
Further Key Findings from the Study Suggest:
- By
product, disposable surgical supplies accounted for the highest market
share in 2015 due to the growing demand for disposable products, rise in
overall number of surgeries, and their comparatively high one-time cost as
compared to reusable products.
- Orthopedic
surgery devices accounted for the largest share in 2015 due to an increase
in global geriatric population and high incidence of bone diseases such as
osteoporosis and arthritis.
- Geographically,
North America accounted for the highest share due to a large number of
surgical procedures performed in the region. This is attributed to the
presence of a considerably-sized geriatric population, rising prevalence
of lifestyle-associated diseases, presence of major market players, and
government initiatives supporting advancements in surgeries.
- Asia
Pacific is expected to grow at the maximum rate during the forecast period
due to increasing investment by several companies, government-led
supportive initiatives promoting the growth of this sector, and growing
patient affordability.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the general surgery
devices market by product, application and region:
General Surgery Devices Product Outlook (USD
Million), 2013 - 2024
- Disposable
Surgical Supplies
- Open
Surgery Instruments
- Energy-based
& Powered Instruments
- Electrosurgery
- Thermal
Ablation
- Powered
Instrument
- Minimally
Invasive Surgery Instruments
- Medical
Robotics & Computer-assisted Surgery Devices
- Adhesion
Prevention Products
General Surgery Devices Application Outlook (USD
Million), 2013 - 2024
- Orthopedic
Surgery
- Cardiology
- Minimal
Invasive Surgery
- Ophthalmology
- Wound
Care
- Audiology
- Thoracic
Surgery
- Urology and Gynecology
Surgery
- Plastic
Surgery
- Neurosurgery
- Other
General Surgery Devices Regional Outlook (USD Million),
2013 - 2024
- North
America
- U.S.
- Canada
- Europe
- UK
- Germany
- Asia
Pacific
- Japan
- China
- Latin
America
- Brazil
- Mexico
- Middle
East and Africa
- South
Africa
Access press release of this research report by Grand
View Research: http://www.grandviewresearch.com/press-release/global-general-surgery-devices-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research
and consulting company, registered in the State of California and headquartered
in San Francisco. The company provides syndicated research reports,
customized research reports, and consulting services. To help clients make
informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
For more information:
www.grandviewresearch.com
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