About Disposable Surgical Devices
Advances in vitreoretinal surgery, such as the introduction of tiny gauge equipment, have resulted in more efficient procedures and a general trend toward retinal surgery being conducted in ambulatory surgical facilities. Reusable tools are difficult to maintain for and prone to damage in the era of small-gauge vitrectomy surgery. The cost of reusable equipment might limit the number of alternatives accessible. Disposable devices, we feel, give great dependability and sterility, are more cost effective when calculating both physical and intangible expenses, and enable a far broader range of possibilities. The market is projected to expand due to the rising prevalence of chronic illnesses such as neurological, cardiovascular, infectious, and urological problems.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Disposable Surgical Devices market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
B. Braun Melsungen AG (Germany), Smith & Nephew plc (United Kingdom), Aspen Surgical (United States), Alcon Laboratories, Inc. (Switzerland), Zimmer Biomet (United States), Medtronic plc (Ireland), Becton, Dickinson and Company (United States), Ethicon, Inc. (United States), CooperSurgical Inc. (United States) and Surgical Innovations (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Siemens Healthineers AG (Germany), Fresenius Medical Care AG & Co. KGaA (Germany), Baxter International Inc. (United States), Stryker Corporation (United States) and General Electric Company (United States).
Segmentation Overview
AMA Research has segmented the market of Global Disposable Surgical Devices market by Type (Surgical Sutures & Staplers, Handheld Surgical equipment, Electrosurgical Devices and Others), Application (Neurosurgery, Plastic & Reconstructive Surgeries, Wound Closure, Urology, Obstetrics & Gynecology, Thoracic Surgery, Microvascular, Cardiovascular and Others) and Region.
On the basis of geography, the market of Disposable Surgical Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. Reusable Surgical Equipment will boost the Disposable Surgical Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Use, the sub-segment i.e. Hospitals will boost the Disposable Surgical Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Disposable Surgical Devices Market Dynamics:
Attributes | Details |
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Growth Drivers | - Prevalence of Chronic Diseases
- Rising Geriatric Population
- Increasing Expenditure on Healthcare
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Influencing Trends | - Technical Progress in Medical Industry
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Restraints | - Structural Failures associated with the Devices
- Highly Priced Surgical Procedures
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Road Blocks / Challenges | - Clinical Complications
- Lack of Trained Professionals
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Gaps & Opportunities | - Growth in Healthcare infrastructure Due to Pandemic
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Market Leaders and their expansionary development strategies
On 30th June, 2020 - Xenco Medical Announces Nationwide Launched its New CancelleX Bio-inspired Spinal Implants, First Injection-Molded Titanium Foam Implants for Spine Surgery Pre-Attached to Disposable Instruments. The New CancelleX Lumbar Interbodies Feature Interconnected Porosity Throughout Each Implant.
Key Target Audience
Medical Devices Manufactures, New Entrants and Investors, Medical Devices Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.