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The hand-held surgical instruments market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 6%, as per The Business Research Company’s market report!

Read More On The Hand-Held Surgical Instruments Market Report 2022 – https://www.thebusinessresearchcompany.com/report/handheld-surgical-instruments-global-market-report

The Hand-Held Surgical Instruments Market Size In 2022 And Forecast

The global hand-held surgical instruments market is expected to grow from $5.50 billion in 2021 to $5.96 billion in 2022 at a compound annual growth rate (CAGR) of 8.42%. The global hand-held surgical instruments market size is expected to reach $7.69 billion in 2026 at a CAGR of 6.56%.

The hand-held surgical instruments market consists of sales of hand-held surgical instruments by entities (organizations, sole traders, and partnerships) that refer to tools used in surgical procedures and operated while being held in hand.

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Increase In The Geriatric Population Is Driving The Growth Of The Hand-Held Surgical Instruments Market

For instance, according to a report by the United Nations on World Population Ageing 2019, 703 million people worldwide were 65 or older in 2019, and the elderly population growth is predicted to double by 2050, reaching 1.5 billion. Therefore, the increasing geriatric population is expected to boost demand for hand-held surgical instruments during the forecast period.

Competitive Landscape And The Regional Analysis Of The Hand-Held Surgical Instruments Market

Major players in the hand-held surgical instruments market are Johnson & Johnson, B Braun Melsungen AG, Medtronic, Zimmer Biomet Holdings, KLS MARTIN GROUP, Integra LifeSciences Corporation, Smith & Nephew, Aspen Surgical, CooperSurgical Inc, Thompson Surgical Instruments Inc, Becton Dickinson and Company, Swann-Morton Ltd, Peters Surgical, Huaiyin Medical Instruments Co Ltd, and CONMED Corporation.

Additionally, as per TBRC’s research – North America was the largest region in the hand-held surgical instruments market in 2021 holding the largest market share and Asia-Pacific is expected to be the fastest-growing region in the forecast period.

The Hand-Held Surgical Instruments Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the hand-held surgical instruments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the hand-held surgical instruments market.

Technological Advancement – A Key Trend In The Hand-Held Surgical Instruments Market

Major players in the hand-held surgical instruments market are developing smart surgical instruments to meet healthcare demands and strengthen their market position. Smart surgical instruments are user-friendly, advanced tools that save time and money.

Hand-Held Surgical Instruments Market Segmentation By The Business Research Company

1) By Product: Forceps, Retractors, Dilators, Graspers, Scalpels, Others

2) By Application: Neurosurgery, Cardiovascular, Orthopedic, Plastic and Reconstructive Surgery, Obstetrics and Gynecology, Others

3) By End User: Clinics, Ambulatory Surgical Centers, Others

Here Are Some Reports Related To The Hand-Held Surgical Instruments Market –

Handheld Surgical Devices And Equipment Global Market Report 2022

Surgical Equipment Global Market Report 2022

Minimally Invasive Surgical Instruments Global Market Report 2022

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