SAN FRANCISCO, January 2, 2017 /PRNewswire/ --
The global surgical equipment market is anticipated to reach a value of USD 20.3 billion by 2025, according to a new report by Grand View Research, Inc. The rapidly escalating number of minimally invasive surgical procedures throughout the world is expected to support market growth.
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Chronic diseases are one of the major leading causes of surgeries at a global level. Increasing prevalence of chronic diseases, such as neurological and cardiovascular disorders, is affecting the society to a great extent. As a result of which, the number of surgeries is increasing. This is mainly due to the fact that surgery is the primary treatment for people suffering from such disorders. In addition, minimally invasive surgeries are also trending as treatment for heart diseases.
Road and other accidents are also expected to drive the surgical instruments market over the forecast period. This is due to the fact that accidents might lead to severe injuries. As a result of which, wound closure surgeries are anticipated to rise, thereby, supporting the demand for surgical equipment.
Browse full research report with TOC on "Surgical Equipment/Instruments Market Analysis By Product (Sutures & Staplers, Handheld & Electrosurgical Devices), By Application (Neurosurgery, Plastic Surgery, Obstetrics & Gynecology, Cardiovascular, Orthopedic), And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/surgical-equipment-market
Further key findings from the study suggest:
Browse related reports by Grand View Research:
Grand View Research has segmented the surgical equipment market on the basis of product, application and region:
Access research insight: http://www.grandviewresearch.com/research-insights/surgical-instruments-market-insights-size-share
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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