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Global Medical Hand-held Surgical Instruments Market Size, Share and Trends Analysis Report By Category, By Company Size, By Indication, By Stage, By Services, By End Use And Segment Forecasts 2022 – 2031

Kenneth Research has recently added a report titled Global Medical Hand-held Surgical Instruments Market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2022-2031.

U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical/Energy industries, creating a huge demand for products.

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Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth. According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 201

Global Medical Hand-held Surgical Instruments Market valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The Medical Hand-held Surgical Instruments Market is continuously growing in the global scenario at significant pace. Medical hand-held surgical instruments are the instruments that involved in surgical procedures such as scissors, forceps, retractors etc. These instruments are usually made-up of high grade stainless steel. These instruments are available in wide variety of sizes, shapes and designs suitable for specific surgeries. Growth in aging population, technological enhancements and increase in the number of surgical procedures are the substantial driving factors of the market during the forecast period. Moreover, rising healthcare expenditure in developing economies is the factors that likely to create numerous opportunity in the near future. Growing demand for minimal invasive surgical procedures throughout medical facilities because of numerous benefits associated with the surgeries like fast recovery, shorter hospital stay, no post-operative side effects and minimal blood loss are also aiding the growth of the market. However, increasing cost of surgeries and necessity of regular cleaning of instrument are the factors that limiting the market growth of Medical Hand-held Surgical Instruments during the forecast period.

The regional analysis of Global Medical Hand-held Surgical Instruments Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share due to rising health conscious consumer base, increasing incidences of chronic diseases and growing focus on well-developed healthcare infrastructure in the region. Further, Europe is estimated second largest market share in the global Medical Hand-held Surgical Instruments market due to growing demand for increasing burden of non-communicable diseases and increasing frequency of surgical procedures in the region. Asia-Pacific is also anticipated to exhibit higher growth rate/CAGR over the forecast period 2018-2025. These region is mainly driven by growing geriatric population in the region.

The major market player included in this report are:
• Zimmer Biomet
• Braun
• BD
• Integra Life Sciences
• Smith & Nephew
• Medtronic
• Cooper Surgical
• Johnson & Johnson
• Thompson Surgical
• Aspen Surgical

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Forceps
Retractors
Dilators
Graspers
Scalpels
Others

By Application:
Hospitals
Clinics
Others

By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

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Target Audience of the Global Medical Hand-held Surgical Instruments Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

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