openPR Logo
Press release

Powered Surgical Instruments (PSI) Market to witness remarkable growth by 2022 :Top Keyplayers are KLS Martin group, Alcon Laboratories Inc., Carefusion corporation, Ethicon Inc., Conmed corporation, Medtronic Inc., MicroAire, Zimmer Holdings Inc., Smith

01-24-2019 06:41 PM CET | Health & Medicine

Press release from: Kenneth Research

Powered Surgical Instruments (PSI) Market to witness

Description

Powered Surgical Instruments (PSI) are complex surgical devices used to assist in the performance of neurological, ENT, oral, maxillofacial and orthopaedic surgeries. Product categories of powered surgical instruments include battery/electric large & small bone equipment, pneumatic large & small bone equipment and high speed equipment. Powered surgical instruments play a unique role in the operation theatre. They help not only in reducing the time taken for surgical procedures and provide functionality but also assure consistent performance in surgical procedures. PSI's are routinely used in many surgical procedures for varied applications such as drilling, cutting and sawing. Increase in R&D activities geared towards developing innovative products and technologies are expected to boost the growth of the market.

Request For Free Sample@ https://www.kennethresearch.com/sample-request-10065071

Market Dynamics

The powered surgical instruments market has been witnessing continuous growth. Factors like ageing population, increasing volume of surgical procedures and growing demand for minimally invasive surgeries is fuelling market growth. The market is primarily driven by factors such as increased global health care spending, increased accessibility to health care, rise in the prevalence of lifestyle diseases and medical tourism. Some factors limiting the growth of the market are constant pressureon healthcare providers to reduce costs, inadequate quality assurance and lack of proper equipment sterilization practices.

Market Segmentation

The global powered surgical instruments market can be segmented on the basis of product type, application and geography.
Segmentation by Product Type
Surgical sutures and staples
Surgical sutures
Surgical staples
Handheld surgical equipment
Forceps and spatulas
Dilators
Retractors
Graspers
Auxiliary instruments
Cutter instruments
Electrosurgical devices
The surgical sutures and staples segment owns over 2/3rd of the market share of the overall market. This segment is driven by the huge demand for wound closure and closure of surgical incision site and is projected to maintain its market share. But the electrosurgical devices segment is projected to have the highest growth rate owing to the rising demand for these devices.

Segmentation by Application
Neurosurgery
Orthopaedic surgery
Laparoscopy
ENT surgery
Plastic and Reconstructive surgery
Cardiothoracic surgery
Oral and Maxillofacial surgery
Obstetrics and Gynaecology
Urology
Microvascular surgery
Cardiovascular surgery

The laparoscopy segment leads the market with a market share of over 20 % mainly due to the increasing demand for minimally invasive surgeries in this segment. The plastic and reconstructive surgery segment is projected to have the highest growth rate mainly due to rising demand for cosmetic surgeries.

Regional/ Geographic Analysis

There are several geographic drivers for this market. Asia Pacific is steadily growing to be a growth hub for this market. Factors such as rising healthcare needs, booming medical tourism industry and prevalence of chronic diseases are propelling the market growth in this region.The advent of new technologies, high disposable incomes, favourable regulations and ageing population are driving the growth in North America and Europe.

Buy Now@ https://www.kennethresearch.com/report-purchase-id-10065071

Key Players

Prominent players in the market include KLS Martin group, Alcon Laboratories Inc., Carefusion corporation, Ethicon Inc., Conmed corporation, Medtronic Inc., MicroAire, Zimmer Holdings Inc., Smith & Nephew PLC and Stryker Corporation.

Report ContentsRegional AnalysisReport Highlights

Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada

Latin America
Mexico, Brazil, Argentina and Rest of Latin America

Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe

Eastern Europe
Russia
Poland
Rest of Eastern Europe

Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific

Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Read More@ https://www.kennethresearch.com/report-details/global-powered-surgical-instruments-market/10065071

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

Name: David
Email : Sales@kennethresearch.com
Phone:+1 313 462 0609

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Powered Surgical Instruments (PSI) Market to witness remarkable growth by 2022 :Top Keyplayers are KLS Martin group, Alcon Laboratories Inc., Carefusion corporation, Ethicon Inc., Conmed corporation, Medtronic Inc., MicroAire, Zimmer Holdings Inc., Smith here

News-ID: 1531244 • Views:

More Releases from Kenneth Research

Global Cardiovascular Pharmaceuticals Market to be Propelled by Growing Investment in Research and Drug Development, and Increasing Prevalence of Heart Failure by CAGR of 5% During 2023- 2033
Global Cardiovascular Pharmaceuticals Market to be Propelled by Growing Investme …
Kenneth Research published a report titled "Cardiovascular Pharmaceuticals Market: Global Demand Analysis & Opportunity Outlook 2033" which delivers detailed overview of the global cardiovascular pharmaceuticals market in terms of market segmentation by drug class, distribution channel, indication and by region. Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with
Global Family Office Market to be Propelled by Surging Number of New Businesses by CAGR of ~5% During 2022 - 2031
Global Family Office Market to be Propelled by Surging Number of New Businesses …
Kenneth Research published a report titled "Family Office Market: Global Demand Analysis & Opportunity Outlook 2031" which delivers detailed overview of the global family office market in terms of market segmentation by services, type, net worth managed, and by region. Access Full Description: https://www.kennethresearch.com/report-details/family-office-market/10346745 Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that
Photomask Market Growth Analysis by Revenue, Size, Share, Scenario on Latest Tre …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Photomask Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which is
Embedded Systems Market 2020 New Innovations Trends, Research, Global Share and …
Kenneth Research provides an extensive study by our analysts which offers forecast assessment by correlating the historical data with key market dynamics. The Embedded Systems Market further includes trends and opportunities that are highlighted, along with the market valuation. The market is segmented by segments and portrays the industry overview along with elaborate description of the market for the forecast period 2020-2025. The report also constitutes future growth statistics which

All 5 Releases


More Releases for Surgical

Surgical Robots Market Hits USD 17,647.82 million by 2028 Lead By THINK Surgical …
There is a rise in the number of surgeries performed across the world. In the last 25 years, the incidence of cardiovascular diseases has increased globally. The rise in diabetic cases and lifestyle changes are leading to an increase in the number of cardiovascular surgeries and general surgeries. For instance, colorectal cancer is one of the most commonly found and lethal cancers developed in individuals due to the combined influence
Surgical Robots Market By Companies - Intuitive Surgical Inc., Medtronic, Stryke …
Market Overview A comprehensive analysis of the various factors and parameters is carried out to present the report on the global Surgical Robots Market. The marker concentration in the global market as well as the revenue that is earned from the different market segments that comprise the Surgical Robots Market have been identified and are evaluated in the report. The market status from the year 2021 to the year 2028 that
Surgical Robots Market By Companies - Intuitive Surgical Inc., Medtronic, Stryke …
A new market study, titled “ Surgical Robots Market Forecast 2021-2028” has been featured on Fortune Business Insights™. Market Overview A comprehensive analysis of the various factors and parameters is carried out to present the report on the global Surgical Robots Market. The marker concentration in the global market as well as the revenue that is earned from the different market segments that comprise the Surgical Robots Market have been identified and
Surgical Robots Market Analysis 2020 - How COVID19 Impacting Surgical Robots Ind …
Report Analyzes Surgical Robots Market Size, Share and Industry Analysis By Type (Implantable Cardioverter Surgical Robots (ICD), Transvenous ICD, External Surgical Robots) By End User (Hospitals & Clinics, Ambulatory, Schools and other Public Places) and Regional Forecast, 2019 - 2026. Get Sample Report To Know The Impact of Covid19 on this Industry at: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/surgical-robots-market-100948 Key Players: Intuitive Surgical, Medtronic, Stryker, Smith & Nephew, Zimmer Biomet, TransEnterix Surgical, Inc Verb Surgical, THINK Surgical. An
Surgical Microscope Market Size, Surgical Microscope Market Share, Surgical Micr …
The global surgical microscope market was valued at USD 610.3 million in 2017 and is estimated to grow at a CAGR of 12.5% during the forecast period 2017-2026. Request for Sample of This Research Report @ https://bit.ly/2xjcXML Top Key Players:- Carl Zeiss AG, Leica Microsystems, Takagi Corporation, Seiler Precision Microscopes, Topcon Corporation, Alltion (Wuzhou) Co. Ltd., Alcon Laboratories, Inc., Haag-Streit Surgical, Olympus Corporation, Accu-scope, Inc., Novartis AG, Danaher Corporation, Labomed Microscopes, Prescott’s Inc.,
Surgical Stapling Devices Market - New surgical techniques 2025 | Intuitive Surg …
Surgical Stapling Devices Market: Snapshot Surgical stapling devices or surgical staplers are occupying an increasingly crucial role in surgeries, particularly for complex ones such as gastrointestinal, gynecologic, and bariatric procedures. Over past few years, these mechanical medical devices have grown proportionately to complement the several advancements in surgical procedures. The use of surgical stapler devices helps in the development of new surgical techniques, modify the existing ones, and boost patient outcomes.