Lucintel Estimates Global Surgical and Infection Control Device Market to Reach US $84 Billion in 2017

Texas, United States, April 26 2012: The Global Surgical and Infection Control Device market has experienced significant growth during the last five years and is expected to continue its growth momentum, reaching approximately US $84 billion in 2017 with a CAGR of 6.6% over the next five years. Increased focus on the prevention, diagnosis, and treatment of diseases requiring surgical procedures, advances in anesthetics, and an increasing aging population is expected to provide opportunities for industry companies.

Lucintel, a leading global management consulting and market research firm, has analyzed Market Research Report the Global Surgical and Infection Control Device market and presents its findings in “Global Surgical and Infection Control Device Industry 2012-2017: Trend, Profit, and Forecast Analysis.”

The Global Surgical and Infection Control Device market consists of safety syringes, injection needles, surgical endoscopes, wound dressing materials, stereotactic surgical devices, surgical gloves and apparel, and surgical lights. North America dominates this market, and a combination of factors such as technology innovation, the aging population, improper sterilization techniques, and rising patient pool is seen to impact the market dynamics significantly.

The surgical market is facing challenges such as wide variation in awareness and adoption rates, a decline in capital expenditure of hospitals, lack of trained and qualified manpower, and socioeconomic diversity in population and healthcare infrastructure; however, an increase in GDP and per capita income is expected to drive the demand for surgical and infection control devices.

Lucintel’s Industry Research Report indicates that APAC is currently a small market but the growing middle class in Asia, especially China, India, and Southeast Asia present growth potential. North America represents opportunity for the market and is expected to have largest share over the forecast period.

This report from Lucintel provides a concise overview of the Global Surgical and Infection Control Device market. The report tracks four regions of the Global Surgical and Infection Control Device market. The scope of this study is limited to annual trends for the past five years and forecasts for the next five years. This study includes manufacturers and distributors of surgical and infection control devices.

For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk@lucintel.com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency. To learn more, visit www.lucintel.com.

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This release was published on openPR.