North America General Surgical Devices Market Growth, Trends, and Forecasts 2017 - 2022

  • ID: 4387834
  • Report
  • Region: North America, United States
  • 70 pages
  • Mordor Intelligence
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The North American market for general surgery devices t is expected to reach USD XX billion by the end of 2020, growing at a CAGR of around XX% from 2016-2021.

Surgical equipment are medical devices/tools that fulfill a particular need during surgery. These tools empower the physical adjustment of biological tissue to give access to hidden body segments. Present day electronic advancements, for example, minimally invasive surgery equipment, and robotic & power assisted systems, are principally driving the surgical equipment market. Surgical equipment have wide applications in distinctive surgical techniques, for example, neurosurgery, plastic and reconstructive surgeries, wound closure, urology, obstetrics and gynecology, thoracic surgery, micro-vascular, cardiovascular, orthopedic surgery, laparoscopy and others.

North America General Surgical Devices Market-Market Dynamics

The market is dominated by hand tools and innovations that save time using powered tools. This market is also highly sensitive to the economic downturn, which has led to reduced hospital budgets. Product launch is the well-known methodology followed in the surgical equipment market, which has helped the makers increase their market share.

Drivers

Some of the factors contributing to the growth of the market are:

Great administrative structure
Increased spending on healthcare
Expanding interest in outpatient surgery
Increment in the number of surgical methods performed
Developing number of health care centers
Technological advancements
High discretionary cash flows among customers
Expanding inclination for minimally invasive surgeries
Restraints

Some of the factors limiting the market growth are:

Stringent regulatory policies
Shortage of skilled labor
Shortage of quality surgical instruments
High cost
Hospitals are persistently tested, as they must utilize quality surgical instruments while conforming to steadily fixing spending plan imperatives. Therefore, they are obtaining instruments that can be utilized productively over a drawn out stretch of time to help cut expenses.

North America commands the global surgical equipment market. The domestic manufacturers earn significant revenues through the export of surgical equipment. Product differentiation in this market is extremely limited; hence, pricing and branding remain the unique selling proposition. The market is packed with numerous participants ranging from manufacturers of forceps to power tools and robotics. Quite recently, specialty hospitals have seen appreciable growth in the developing economies focusing on intense treatments.

The North America general surgical equipment market is segmented based on equipment type and geography. Surgical equipment types are further categorized as caliper, suction tubes, forceps, probes, handles, needle holder, scissors, speculums, retractors, tendon, strippers, clamps, distractors, clips, approximators, sutures, catheters, and others, and by region into the USA, Canada and Mexico.

This Report Offers:

Market definition along with identification of key drivers and restraints for the market.
Market analysis for North America’s general surgical devices market, with region-specific assessments and competition analysis on a regional scale.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities and identification of key companies that can influence the market on a regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market share.
Identification and analysis of the macro and micro factors that affect North America’s general surgical devices market on a regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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Note: Product cover images may vary from those shown
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1. Introduction
1.1 Report Description
1.2 Markets Covered
1.3 Research Methodology
2. Executive Summary
3. Market Overview
3.1 Market Definition
3.2 Market Drivers
3.3 Market Restraints
3.4 Market Opportunities
3.5 Market Threats
4. Porter’s Five Force Analysis
4.1 Bargaining Power of suppliers
4.2 Bargaining power of buyers
4.3 Degree of competition
4.4 Threat of substitution
4.5 Threat of new entrants
5. Market Segmentation
6. Medical Devices Market - By Type
6.1 General Surgery
6.1.1 By Type
6.1.1.1 Caliper
6.1.1.2 Suction Tubes
6.1.1.3 Forceps
6.1.1.4 Probes
6.1.1.5 Handles
6.1.1.6 Needle Holder
6.1.1.7 Scissors
6.1.1.8 Speculums
6.1.1.9 Retractors
6.1.1.10 Tendon Strippers
6.1.1.11 Clamps
6.1.1.12 Distractors
6.1.1.13 Clips
6.1.1.14 Approximators
6.1.1.15 Sutures
6.1.1.16 Catheters
6.1.1.17 Others
6.1.2 By Geography
6.1.2.1 North America
6.1.2.1.1 USA
6.1.2.1.2 Canada
7. Competitive Landscape
7.1 Mergers & Acquisitions
7.2 Agreements, Collaborations & Partnerships
7.3 New Product Launches
7.4 Recommendations to new market players
8. Company Profiles

List of Tables

1: North America General Surgery Devices Market Revenue (USD million) (2017 - 2022)
2: North America General Surgery Devices Market Revenue - By Type- Caliper (USD million) (2017 - 2022)
3: North America General Surgery Devices Market Revenue - By Type- Suction Tubes (USD million) (2017 - 2022)
4: North America General Surgery Devices Market Revenue - By Type- Forceps (USD million) (2017 - 2022)
5: North America General Surgery Devices Market Revenue - By Type- Probes (USD million) (2017 - 2022)
6: North America General Surgery Devices Market Revenue - By Type- Handles (USD million) (2017 - 2022)
7: North America General Surgery Devices Market Revenue - By Type- Needle Holder (USD million) (2017 - 2022)
8: North America General Surgery Devices Market Revenue - By Type- Scissors (USD million) (2017 - 2022)
9: North America General Surgery Devices Market Revenue - By Type- Speculums (USD million) (2017 - 2022)
10: North America General Surgery Devices Market Revenue - By Type- Retractors (USD million) (2017 - 2022)
11: North America General Surgery Devices Market Revenue - By Type- Tendon Strippers (USD million) (2017 - 2022)
12: North America General Surgery Devices Market Revenue - By Type-Clamps (USD million) (2017 - 2022)
13: North America General Surgery Devices Market Revenue - By Type- Distractors (USD million) (2017 - 2022)
14: North America General Surgery Devices Market Revenue - By Type- Clips (USD million) (2017 - 2022)
15: North America General Surgery Devices Market Revenue - By Type- Approximators (USD million) (2017 - 2022)
16: North America General Surgery Devices Market Revenue - By Type- Sutures (USD million) (2017 - 2022)
17: North America General Surgery Devices Market Revenue - By Type- Catheters (USD million) (2017 - 2022)
18: North America General Surgery DevicesMarket Revenue, By Region - North America - USA (USD million) (2017 - 2022)
19: North America General Surgery DevicesMarket Revenue, By Region - North America - Canada (USD million) (2017 - 2022)
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