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The Tissue Dissection Device Market To Witness A Shift Towards Patient-Driven Healthcare Delivery

08-04-2022 09:35 AM CET | Health & Medicine

Press release from: Persistence Market Research

The Tissue Dissection Device Market To Witness A Shift Towards

The Tissue Dissection Device Market is expected to grow by leaps and bounds in the forecast period. Nanotechnology's medical application is on the anvil. As such, nanomedicine is an outcome of the technology operating at the molecular, atomic, or supramolecular scale. The broad application areas of nanomedicine include sensing, imaging, diagnosis, and delivery via medical devices. This would certainly keep the healthcare vertical upgraded continuously.

According to the latest research by Persistence Market Research, tissue dissection device market is set to witness 5.6% growth during the forecast period 2021-2031. The growth in tissue dissection device market will be experienced due to the increasing number of surgeries performed globally. Therefore, the growth in Tissue dissection device will be expected at a significant CAGR.

Tissue dissection market is mainly driven by the increasing number of surgeries in the world. The demand for minimally invasive surgical procedures is also contributing to creating demand for the tissue dissection device during the forecast period from 2021 to 2031 in the world.

Accidental cases and criminal attacks are also rising at a very high pace in the world that leads to the need for surgeries. Increasing cosmetic procedures in the world, especially among women help in growing the market.

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Thus, all these factors are playing a crucial role in driving the demand for tissue dissection device during the forecast period from 2021 to 2031 globally.

The cases of injuries due to the increasing road accidents have increased manifold in the world. Road accidents become the primary concern of the people due to a large amount of damage, loss and pain occurred. The number of injuries caused due to road accidents reached approximately 40 million globally as per the study of WHO in 2020.

Road accidents cause injuries that lead to the need for surgeries. Also, advancements in technology and R&D are playing a critical role in propelling the tissue dissection device market during the forecast period from 2021 to 2031.

U.S. and Canada will remain the foremost players in the Tissue dissection device market worldwide. This is predominantly due to the presence of strategic players and technological development in the region.

Also, rising incidences of road accidents made tissue dissection device important for Americans. In 2019, there were approximately 4.0 million injuries caused because of road accidents in the U.S. as per the study of the National Safety Council. It will be estimated that the demand for tissue dissection device rises in the region during the forecast period from 2021 to 2031.

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The tissue dissection device market is greatly affected by injuries caused due to sports and accidents that lead to the need for surgical procedures. According to European Injury Database (IDB), every year 4.5 million people suffered from severe sports injuries and need medical assistance in Europe. It creates demand for tissue dissection device in the region.

Also, Europe keeps expanding and spending in the healthcare sector and technology. According to WHO, Europe spent approximately US$ 264 per capita income on medical technology every year. It allows the tissue dissection device manufacturers to grow in the region during the forecast period from 2021 to 2031.

Some of the key players of Tissue dissection device are,

Thermo Fischer Scientific Inc.
Leica Biosystems Nussloch GmbH
Medtronic Plc.
Cooper Surgical
Johnson & Johnson
Olympus
Misonix
Applied Medical
Others.

They follow strategies like merger & acquisition, new product launch, and others. For instance, in July, 2021, Ethicon (Johnson & Johnson) announced the launch of a travelling surgical lab that travels to hospitals in different locations across America providing surgeons and other healthcare workers the chance to learn.

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Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

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