Research and Markets - General Surgery Devices Market to Reach $17 Billion by 2024, with Abbott Laboratories, Danaher Corporation & Bio-Rad Labs Dominating
DUBLIN, Dec 21, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "General Surgery Devices Market Analysis By Product, By Application And Segment Forecasts, 2013 - 2024" report to their offering.
The global general surgery devices market was valued at USD 7.0 billion in 2015 and is expected to reach a value of USD 17.5 billion by 2024.
The growth of the market is attributed to the increasing geriatric population base, government support and continual technological advancements launched by the key players. Demand for advanced devices is growing steadily due to heightened awareness levels of newer technologies and the subsequent increase in the adoption of minimally invasive and computer-assisted treatments.
By product, disposable surgical supplies accounted for the highest market share in 2015 due to the growing demand for disposable products, rise in overall number of surgeries, and their comparatively high one-time cost as compared to reusable products.
Orthopedic surgery devices accounted for the largest share in 2015 due to an increase in global geriatric population and high incidence of bone diseases such as osteoporosis and arthritis.
Geographically, North America accounted for the highest share due to a large number of surgical procedures performed in the region. This is attributed to the presence of a considerably-sized geriatric population, rising prevalence of lifestyle-associated diseases, presence of major market players, and government initiatives supporting advancements in surgeries.
Asia Pacific is expected to grow at the maximum rate during the forecast period due to increasing investment by several companies, government-led supportive initiatives promoting the growth of this sector, and growing patient affordability.
Companies Mentioned:
- Abbott Laboratories
- Danaher Corporation
- Becton Dickinson and Company
- Bio-Rad Laboratories, Inc.
- F. Hoffmann-La Roche Ltd.
- Grifols
- Ortho-Clinical Diagnostics, Inc.
- SOFINA s.a
- Siemens Healthcare GmbH
- Thermo Fisher Scientific, Inc
Key Topics Covered:
1 Research Methodology
2 Executive Summary
3 Market Snapshot
4 Market Variables, Trends & Scope
5 Market Categorization 1: Product Estimates & Trend Analysis
6 Market Categorization 1: Application Estimates & Trend Analysis
7 Market Categorization 2: Regional Estimates & Trend Analysis
8 Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/sh7fwz/general_surgery
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