COVID-19 Impact on Surgical Equipment Market Business Opportunities, Top Manufacture- B. Braun Melsungen AG, Boston Scientific Corporation?, Cadence, CONMED Corporation, Medtronic PLC, Olympus Corporation

Growing number of surgical procedures due to the sports injuries, accidents, cardiac surgeries owing to the high prevalence of cardiovascular diseases and other chronic conditions where the surgery is being suggested mandatory is the major factor that is driving the Surgical Equipment market.

- According to the European Union Statistics, during 2016-2017, in Germany, hip replacement surgery was performed for 304 times per 100,000 individuals. In Austria and Finland, it was around 273 and 265 per 100,000, respectively.
- Additionally, a growing geriatric population coupled with an increasing number of chronic diseases, growing technological advancements are also driving the demand for surgical equipment.
- However, infections associated with the equipment used and stringent regulatory scenario will hamper the growth of the surgical equipment market.

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Surgical Equipment Market Segmentation:

Top leading Manufactures Profiled in Surgical Equipment Market Report are:

Braun Melsungen AG, Boston Scientific Corporation?, Cadence, CONMED Corporation, Medtronic PLC, Olympus Corporation, Siemens Healthineers, Smith & Nephew, Stryker Corporation, Zimmer Biomet
Surgical Equipment Market Scenario:

Surgical Staplers and Sutures segment Holds Significant Share in Surgical Equipment Market

- Sutures are medical devices that are used to hold the body tissue after an injury or surgery. Surgical staplers are specialized medical staplers, which can be used as alternatives to sutures, for the purpose of wound closure across various applications. These are used in majority of abdominal surgeries.
- Furthermore, use of surgical staplers and sutures is expected to increase due to the growing obstetrics and gynecological surgeries and increasing development of innovative products.
- For instance, in September 2019, Ethicon has launched the industry's first powered circular stapler ECHELON CIRCULAR Powered Stapler.
- Surgical staplers and sutures can be sources of infections and contaminations, due to bacterial adherence and colonization. The infections acquired in suturing and stapling may act as a restraint for the growth of the market studied.

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Competitive Landscape
Surgical Equipment market is very competitive with most of the players competing to increase market shares. Strong competition, rapid technological advancements are key factors that confront the market. Key developments of the market include in June 2019 Global Pediatric Surgical Technology and Education Project (GP STEP) has partnered with medical device manufacturer SunMed to distribute affordable surgical equipment to pediatric surgeons around the world.

The key insights of the Surgical Equipment Market report:

─The report provides key statistics on the market status of the Surgical Equipment market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.

─The report provides a basic overview of the industry including its definition, applications and manufacturing technology.

─The Surgical Equipment market report presents the company profile, product specifications, capacity, production value, and 2014-2020 market shares for key vendors.

─The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.

─The report estimates 2020-2026 market development trends of Surgical Equipment Market.

─Analysis of upstream raw materials, downstream demand and current market dynamics is also carried out

─The report makes some important proposals for a new project of Surgical Equipment Industry before evaluating its feasibility.

The research includes historic data from 2015 to 2020 and forecasts until 2026 which makes the report an invaluable resource for company executives, marketing executive, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

In conclusion, Surgical Equipment market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function a profitable guide for all the Surgical Equipment Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research report from every individual sector which will be helpful to understand the industry data in the most precise way.

How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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Irfan Tamboli (Head of Sales) – Market Insights Reports

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irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.