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Global Surgical Snares Market (2022-2027) by Usability, Application, End-users, and Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 192 Pages
  • August 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5669377
UP TO OFF until Dec 31st 2023

Significant increase in the number of gastrointestinal procedures in the U.S. and other developed economies is anticipated to support the market growth

The Global Surgical Snares Market is estimated to be USD 7.90 Mn in 2022 and is expected to reach USD 10.77 Mn by 2027, growing at a CAGR of 6.39%

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing risks.

Market Segmentations

The Global Surgical Snares Market is segmented based on Usability, Application, End-users, and Geography.
  • By Usability, the market is classified into Reusable, and Single-Use.
  • By Application, the market is classified into Arthroscopy, Bronchoscopy, GI Endoscopy, Gynecology Endoscopy, Laparoscopy, Laryngoscopy, Mediastinoscopy, and Urology Endoscopy.
  • By End-users, the market is classified into Ambulatory Surgical Centers, and Hospitals.
  • By Geography, the market is classified into Americas, Europe, Middle East & Africa, and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Advin health Care, Alton Medical Company Instruments Ltd., Aspen Surgical, Avante, Biomedical Instrumentation and Technology, Boston Scientific, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Surgical Snares Market. Ansoff Matrix, also known as the Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the Global Surgical Snares Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Surgical Snares Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Surgical Snares Market

What is the estimated value of the Global Surgical Snares Market?

The Global Surgical Snares Market was estimated to be valued at $7.9 Million in 2022.

What is the growth rate of the Global Surgical Snares Market?

The growth rate of the Global Surgical Snares Market is 6.3%, with an estimated value of $10.77 Million by 2027.

What is the forecasted size of the Global Surgical Snares Market?

The Global Surgical Snares Market is estimated to be worth $10.77 Million by 2027.

Who are the key companies in the Global Surgical Snares Market?

Key companies in the Global Surgical Snares Market include Advin health Care, Alton Medical Company Instruments, Ltd., Aspen Surgical, Avante, Biomedical Instrumentation and Technology, Boston Scientific, Cell Path Services, Conmed Corp., Cook Medical and Electron Microscopy Sciences.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 IGR Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations, and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Increasing Geriatric Population with Chronic Diseases
4.1.2 Rising Preference for Minimally Invasive Surgeries
4.1.3 Increasing Number of Surgical Procedures
4.2 Restraints
4.2.1 Lack of Trained and Skilled Physicians
4.3 Opportunities
4.3.1 Increasing Death Rates Due to Colorectal Cancers
4.3.2 Rising Demand for Technically Advanced Surgical Procedures
4.4 Challenges
4.4.1 Chances of Infection When Improperly Used and Prohibition of Anesthesia Usage
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
5.5 PESTLE Analysis
6 Global Surgical Snares Market, By Usability
6.1 Introduction
6.2 Reusable
6.3 Single-Use
7 Global Surgical Snares Market, By Application
7.1 Introduction
7.2 Arthroscopy
7.3 Bronchoscopy
7.4 GI Endoscopy
7.5 Gynecology Endoscopy
7.6 Laparoscopy
7.7 Laryngoscopy
7.8 Mediastinoscopy
7.9 Urology Endoscopy
8 Global Surgical Snares Market, By End-users
8.1 Introduction
8.2 Ambulatory Surgical Centers
8.3 Hospitals
9 Americas’ Surgical Snares Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas
10 Europe’s Surgical Snares Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe
11 Middle East and Africa’s Surgical Snares Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA
12 APAC’s Surgical Snares Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific
13 Competitive Landscape
13.1 IGR Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements
14 Company Profiles
14.1 Advin health Care
14.2 Alton Medical Company Instruments, Ltd.
14.3 Aspen Surgical
14.4 Avante
14.5 Biomedical Instrumentation and Technology
14.6 Boston Scientific
14.7 Cell Path Services
14.8 Conmed Corp.
14.9 Cook Medical
14.10 Electron Microscopy Sciences
14.11 Endoaccess GmbH
14.12 GPC Medical
14.13 Hill Rom Holdings
14.14 Key Surgical
14.15 Medical Expo
14.16 Medline Industries
14.17 Medtronic
14.18 Menarini Diagnostics, Ltd.
14.19 Merit Medical Systems
14.20 Olympus Corp.
14.21 Steris, PLC
14.22 Swerdlick Medical Systems
15 Appendix
15.1 Questionnaire

Companies Mentioned

  • Advin health Care
  • Alton Medical Company Instruments, Ltd.
  • Aspen Surgical
  • Avante
  • Biomedical Instrumentation and Technology
  • Boston Scientific
  • Cell Path Services
  • Conmed Corp.
  • Cook Medical
  • Electron Microscopy Sciences
  • Endoaccess GmbH
  • GPC Medical
  • Hill Rom Holdings
  • Key Surgical
  • Medical Expo
  • Medline Industries
  • Medtronic
  • Menarini Diagnostics, Ltd.
  • Merit Medical Systems
  • Olympus Corp.
  • Steris, PLC
  • Swerdlick Medical Systems