Handheld Surgical Devices Market is supposed to develop fundamentally over the gauge period. It is projected to develop at a CAGR of 7.10% over 2022-2030.
The market is primarily being driven by factors including an ageing population, an increase in the frequency of lifestyle disorders that eventually require surgery, rising healthcare expenditures, and significant unmet surgical needs. Along with these factors, the market is anticipated to develop over the course of the forecast period due to growing technical advancements in minimally invasive operations, shorter hospital stays following surgery, and an increase in the number of ambulatory surgical facilities.
The COVID-19 epidemic had a serious adverse effect on the industry. The market noticed a significant decline in the sales of surgical supplies. The government-led restrictions and lockdowns caused a significant breakdown in the supply chain. On the other hand, a number of surgeries and treatments were delayed due to a shift in healthcare priorities and as a preventative step to stop the virus’s spread. As a result, there was a significant backlog in surgical procedures, which had a detrimental impact on the market.
Due to the significant losses they had to endure as a result of the pandemic, several ambulatory surgery centres were forced to close. The market has recovered during the past year, though, thanks to the introduction of vaccines and increasing focus by the governments on planned responses to new outbreaks. Additionally, the backlogs caused by the pandemic are now being cleared, and as a result, the market is expected to rise significantly over the course of the projection period.
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By Type
- Forceps and Spatulas
- Retractors
- Dilators
- Graspers
- Auxiliary Instruments
- Cutter Instruments
- Others
By Application
- Neurosurgery
- Plastic and Reconstructive Surgery
- Wound Closure
- Obstetrics and Gynecology
- Cardiovascular
- Orthopedic
- Others
key players
- Zimmer Biomet Holdings, Inc.
- BD Braun Melsungen AG
- Smith & Nephew plc
- Stryker Corporation
- Aspen Surgical Products, Inc.
- Ethicon, Inc.
- Medtronic
- Alcon Laboratories, Inc.
Geographically, the detailed analysis of consumption, revenue, and market share and growth rate of the following regions:
United States, Canada, Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden, Poland, Belgium, China, Japan, South Korea, Australia, India, Taiwan, Indonesia, Thailand, Philippines, Malaysia, Brazil, Mexico, Argentina, Columbia, Chile, Saudi Arabia, UAE, Egypt, Nigeria, South Africa and Rest of the World.
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FAQs
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This Market report provides experts analysis, strategies, insights, scope and upcoming trends with different type and applications. Artificial Cerebrospinal Fluid Market also provides tables and figures for good understanding of data. Different data like industry segment, channel segment and many more segment data covered in this report. The aim of this report is to give advice and awareness to businesses interested in this Market.
What’s Included in the Report –
- Market size and growth projections, 2020- 2030
- Market size, share, and growth projections across regions and countries, 2022- 2030
- Market size and CAGR of key products, applications, and end-user verticals, 2022- 2030
- Short and long term Market trends, drivers, restraints, and opportunities
- Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products
- Latest market news and developments
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