What is Plastic Surgery Instrument Market?
Plastic surgery procedures are performed to restore, alter, replace, or reconstruct areas of the body in areas such as skin, cranio and maxillofacial, musculoskeletal, hand, breast, and torso. Growing healthcare infrastructure in developing economies and technological advancement in plastic surgery instruments are expected to drive the demand for surgical sutures over the forecasted period.
The market study is being classified by Type (Handheld Instruments (Forceps, Scissors, Needle Holders, Retractors, Other) and Electrosurgical Instruments (Bipolar Instruments, Monopolar Instruments)) and major geographies with country level break-up.
Sklar Surgical Instruments (United States), KLS Martin Group (Germany), Integra LifeSciences Corporation (United States), Tekno-Medical Optik-Chirurgie GmbH (Germany), KARL STORZ GmbH & Co. KG (Germany), Zimmer Biomet (United States), B. Braun Melsungen AG (Germany), BMT Medizintechnik GmbH (Germany), Anthony Products, Inc. (United States) and Bolton Surgical Ltd. (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Surgicon Pvt. Ltd. (Pakistan) and Blink Medical (United Kingdom).
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Plastic Surgery Instrument market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Plastic Surgery Instrument market by Type, Application and Region.
On the basis of geography, the market of Plastic Surgery Instrument 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Awareness of Cosmetic Procedures Globally
- Increasing Demand for Retaining Young Age
Market Trend
- Robust Increase in the Distribution Channels
Restraints
- Stringent Safety Regulations for Aesthetic and Cosmetic Procedures
Opportunities
- Rapid Technological Advancements in Plastic Surgery Instrument
- Rise in Medical Tourism in Countries like Brazil, India, Turkey, And Malaysia
Challenges
- Growing Inclination for Minimally Invasive Surgical Procedures
In Mar 2019, Zimmer Biomet Holdings, Inc. received clearance for the ROSA ONE Spine System, which assisted complex and minimally invasive spine surgeries by robotic means. This helped the company to enhance its product portfolio.
Key Target Audience
Plastic surgery instrument manufacturers, Plastic surgery instrument distributors, Hospitals, Research and consulting firms, Venture capitalists, Regulatory bodies, Academic centers and Teaching hospitals and academic medical centers (AMCs)