Press release
What's driving the Instrument Tip Protectors Market Growth? Prominent Players: 3M, CooperSurgical, Inc., Key Surgical, Healthmark Industries Company, Inc. and more
Browse Complete Report Details at https://www.fortunebusinessinsights.com/industry-reports/instrument-tip-protectors-market-100853
Some of the major companies that are present in the Global Instrument Tip Protectors Market are
• 3M
• CooperSurgical, Inc.
• Key Surgical
• Healthmark Industries Company, Inc.
• CIVCO Medical Solutions
• BOVIE MEDICAL
• SP Scienceware
• Aspen Surgical
• Advance Medical Designs, Inc.
• Medline Industries, Inc.
• AliMed, Inc.
• Thermo Fisher Scientific Inc.
• UFP Technologies, Inc., and others.
The Acquisition of Aspen by Audax Will Enable Growth
Audax Group, a leading investor in middle-market companies acquired Aspin surgical, a business unit comprised of certain surgical consumable products, from Hillrom. The acquisition is predicted to contribute to the instrument tip protector’s growth owing to the motive of Audax to help platform companies to optimize operations, and significantly increase equity value. Further, the launch of a new product offering S/M tip protection is also predicted to facilitate instrument tip protectors growth, for instance, Racoma Inc. announced the launch of their new product offering of how Protect S/M tip protection, which offers three-fold protection during the sterilization of surgical instruments. The aforementioned factors combined are expected to boost the global instrument tip protectors revenue.
Get Sample PDF Brochure https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/instrument-tip-protectors-market-100853
Increasing Risk of Infections Will Boost the Market
The increasing cases of injuries caused by mishandling of surgical accessories is a factor driving the global instrument tip protectors market. The growing emphasis on healthcare workforce safety and increasing risks of infections are predicted to back the instrument tip protector’s shares. Further, the surge in cases of equipment damage is also expected to contribute to the global instrument tip protectors market. According to the Centers for Disease Control and Prevention (CDC), an estimated 385,000 members of the healthcare workforce may suffer injuries caused due to the handling of bare needles each year worldwide. Technological advancements in instrument tip protectors along with lower investment cost of instrument tip protectors are factors likely to escalate the instrument tip protectors revenue. In addition, the improved shelf life of surgical equipment and reduction in repair and maintenance cost are also predicted to contribute to the global instrument tip protectors growth during the forecast period. However, lack of awareness within healthcare, disinclination towards the adoption of instrument tip protectors and violation of standard guidelines for the use of surgical instruments are some factors limiting the growth of the instrument tip protectors market.
Reduction in Maintenance Cost Will Encourage Growth in North America
Geographically, the global instrument tip protectors market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America led the global instrument tip protectors market in 2018 and is expected to dominate in the forthcoming year owing to the increasing prevalence of injuries and infection caused by improper handling of surgical instruments. Further, extended equipment life, reduction in maintenance costs and reduction in transport damages are accountable for the adoption of instrument tip protectors in North America. Asia Pacific is expected to grow on a significant rate during the forecast period owing to the increasing cases of needle stick injuries and surge in infections caused by severe injuries. In addition, the increasing adoption of safety measures due to the awareness spread by government authorities is also expected to boost the instrument tip protectors market in the region.
KEY QUESTIONS ANSWERED:
What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the market growth?
What are the key technological and market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?
Why Choose Fortune Business Insights?
Speak To Analyst at https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/instrument-tip-protectors-market-100853
Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
About Us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
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 What's driving the Instrument Tip Protectors Market Growth? Prominent Players: 3M, CooperSurgical, Inc., Key Surgical, Healthmark Industries Company, Inc. and more here
News-ID: 1821259 • Views: …
More Releases from Fortune Business Insights
Reverse Flame Steam Boiler Market 2023 Dynamics, Major Players, SWOT Analysis, a …
Overview of the Global Reverse Flame Steam Boiler Market 2030:
The report discusses everything a marketer requires before investing in the global Reverse Flame Steam Boiler Market during the forecast period 2023-2030. Reverse Flame Steam Boiler Market Size, Share And Global Trend By Capacity (Up to 100kW, 100-1000 kW, Above 1000 kW), By End-Use (Food Industry, Chemical Industry, Refineries, Metal Industry, Power Plant), And Geography Forecast Till 2022-2029. It provides detailed…
Syngas and Derivatives Market Research Analysis, Size, Share, Growth Highlights …
Overview of the Global Syngas and Derivatives Market 2030:
The report discusses everything a marketer requires before investing in the global Syngas and Derivatives Market during the forecast period 2023-2030. Syngas and Derivatives Market Size, Share and Global Trend By Feedstock(Coal, Petroleum, Natural Gas, Biomass), By Technology(Partial Oxidation, Steam Reforming, Auto-Thermal Reforming, and others), By End User(Chemicals, Power Generation, Liquid Fuels, Gaseous Fuels), and Geography Forecast till 2022-2029. It provides detailed…
Port equipment Market Will Experience An Upswing In Demand, Driven By Top Player …
The Port equipment Market Research Report provides an in-depth analysis of the market landscape and identifies future growth opportunities and trends until 2030. By offering valuable insights, the report enables companies to make informed decisions on business strategies and identify potential areas for growth. With a comprehensive assessment of the market, it equips businesses with the necessary tools to stay ahead of the competition.
With this Port equipment Market research report,…
Modular Chillers Market to reach USD 6.13 billion by 2026, at a CARG of 6.2% | L …
The Modular Chillers Market Report 2023 by Fortune Business Insights provides a comprehensive overview of the market's latest trends, size, regulations, key players, and strategies. The report offers valuable insights into the market's sales and revenue, product type, applications, regions, and leading players. Modular Chillers Market report also covers key players and competitor analysis, providing a comprehensive understanding of the industry's commercial landscape. The report is useful for gaining insights…
More Releases for Protect
Comprehensive Hospital Monitoring to Protect Patients
Accsense Systems Tracks & Alarms Temperature, Humidity & Pressure
For comprehensive hospital monitoring in surgical suites and cleanrooms, the Accsense Online Monitoring system will monitor the required physical parameters. This application was to monitor, record, and alarm the temperature, humidity and pressure in surgical suites and cleanrooms in a hospital. Accsense Online Monitoring systems are the choice of many healthcare facilities including Stanford Hospital, Boston Children’s Hospital and the Cleveland Clinic…
Zero Emission protect our environment
Together We Can Make Our Future Worth Living, Today!
Be the Planet’s Hero
An average household emits 15 tonnes of CO2 emissions per year. Our growing use of cars, ACs, refrigerators,
TVs, and other appliances is increasing our carbon footprint, which is rapidly turning our beautiful planet into
a scorched wasteland. The time is running out, and fast!
We all know what we must do. But, are we doing enough for our planet? Zero Emission…
Protect Your Heart this Valentine’s Day
The heart is arguably the most important organ in your body. Keeping it healthy is a vital component to your overall health and wellbeing. In honor the heart-filled holiday of Valentine’s Day, the health experts at Envolve, an integrated healthcare solutions company, are pleased to share a few habits to keep your heart in tip-top shape.
1. Eat Your Heart Out. Incorporate heart healthy foods into your daily diet. Fish high…
Clamps that protect the material
Original Stauff clamps symbolize quick and easy pipe, tube, hose and cable installations as well as a clean distinct pipe layout for more than five decades. Stauff designs clamp bodies with profiled inside surfaces and tension clearance, originally intended for clamping rigid pipelines in the hydraulics, and with vibration/noise reducing and impact absorbing effect towards the direction of the line. However, Stauff also supplies H-type clamp bodies ex works, which…
Browsers don't protect PCs
Jersey City, NJ, December 19, 2008 - Computer users around the world hastily switched from Internet Explorer to Firefox on Wednesday after learning that a vulnerability in IE left their computers exposed to malicious attack called IE XML Heap Corruption Vulnerability.
"These kinds of vulnerabilities occur in most software," said Melih Abdulhayoglu, Chief Security Architect of Comodo, a leading Internet trust and security company.
"Internet Explorer is the most popular browser in…
Protect Your Homes With Security Camera
These days installing security cameras on homes are increasingly popular because families want to keep themselves and their property away from intruders. Camera systems are available on traditional stores or can be conveniently purchased online. There are wide selection depending on your alloted budget, it depends on the brand name and additional specifications but usually a home security camera with basic functionalities at a reasonable price can get the job…
