Explored in latest research Hand-held Surgical Instruments Market Size & Share, Growth, Trends and Forecast 2017 - 2025

The report analyzes and presents an overview of "Hand-held Surgical Instruments Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025" worldwide.

The main objective of this report is to define, describe, and forecast the global “Hand-held Surgical Instruments” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Minimal invasive surgical (MIS) procedures are experiencing high demand across all medical specialties due to the advantages associated with these surgeries. The advantages include diminished post-surgery problems, precise incision, no post-operative side-effects, minimal blood loss, faster recovery, and shorter hospital stay. Increase in demand for these procedures is projected to drive the hand-held surgical instruments market. Scalpels, forceps, scissors, and retractors are among a wide array of hand-held surgical instruments used in various surgical procedures. These surgical tools are usually made of high-grade stainless steel and are available in a wide variety of sizes, designs, and shapes suitable for specific surgeries.

The global hand-held surgical instruments market is expected to expand during the forecast period of 2017 to 2025 driven by factors such as technological advancements leading to products with innovative features, rise in number of surgical procedures, increase in demand for aesthetic procedures, and rapidly growing geriatric population. International Society of Aesthetic Plastic Surgery (ISAPS) conducted a survey and the results showed an results showed an increase in the number of surgical procedures by one million from 2014 to 2015, while people in the U.S. spent more than US$ 15 Bn on aesthetic procedures. Technological advancements in the area of design and interface are expected to offer better usability to surgeons. Compact designs, portable devices, and availability of suction mode are expected to create a positive impact on the overall hand-held surgical instruments market. Companies spend significant capital on R&D to introduce advanced products that are easy to use and more user-friendly.

The global hand-held surgical instruments market can be segmented on the basis of product type, application, end-user, and geography. Based on product type, the global handheld surgical instruments market can be classified into scalpels, forceps, retractor, dilators, graspers, and others. Scalpels, forceps, scissors, and retractors are among a wide array of handheld surgical instruments used across various surgical procedures. These surgical tools are usually made of high-grade stainless steel and are available in a wide variety of sizes, designs and shapes suitable to specific surgeries. These instruments are primarily manufactured in Europe and Asia. Tuttlingen in Germany and Sialkot in Pakistan are the two leading global producers supplying handheld instruments to major surgical equipment distributing companies. Improved surgical outcome as a result of continuous development in hand-held surgical instruments is a key factor driving the market growth of these devices.

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The application segment of hand-held surgical instruments market is bifurcated into neurosurgery, cardiovascular, orthopedic, plastic & reconstructive surgery, gynaecology & obstetrics, and others. Among these, the gynaecology & obstetrics segment is anticipated to constitute a major share of the hand-held surgical instruments market during forecast period. Increase in initiatives toward women’s education, growth in geriatric female population facing postmenopausal problems, and awareness about women's health are some of the major factors fuelling the growth of the gynaecology & obstetrics segment. The plastic & reconstructive surgery segment is expected to exhibit significant growth during forecast period owing to rising awareness about skin rejuvenation, increasing prevalence of skin cancer, growing per capita income, and technological advancements in the field. Under the end-user segment of hand-held surgical instruments market, hospitals, specialized clinics, long-term care centers, ambulatory surgery centers, and others segments can be considered.

North America was the leading regional market for hand-held surgical instruments in 2016, followed by Europe and Asia Pacific. North America dominated the hand-held surgical instruments market and the trend is expected to continue during the forecast period. The hand-held surgical instruments market in Asia Pacific and Latin America is anticipated to show significantly high growth owing to the presence of a large patient pool likely to undergo various surgical procedures, rising health care expenditure, and increase in unmet medical needs. Hand-held surgical instruments market is a fragmented market and is distributed into key players and local vendors. At the global level, Integra LifeSciences Corporation, B. Braun Melsungen AG, and Johnson and Johnson are the leading players with a major revenue share in the hand-held surgical instruments market.

Key players operating in the hand-held surgical instruments market include B. Braun Melsungen AG, Integra LifeSciences Corporation, Medtronic, Smith & Nephew, Zimmer Biomet Holdings, Johnson & Johnson, Becton, Dickinson and Company, CooperSurgical Inc., Thompson Surgical, Aspen Surgical, and KLS Martin.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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