The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest surgical equipment market share in 2022.

The global surgical equipment market grew from $27.05 billion in 2022 to $29.04 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The surgical equipment market is expected to grow to $36.49 billion in 2027 at a CAGR of 5.9%.

Major Driver In The Surgical Equipment Market ­– Growth In Demand For Minimally Invasive Surgery
Medical technology innovations led to the development of advanced surgical equipment such as Da Vinci surgical systems, C-arm devices, and electrosurgical and power-assisted surgical equipment. These devices which enable MIS will drive the surgical equipment market during the forecast period.

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Key Surgical Equipment Market Segments
1) By Type: Surgical Sutures And Staples, Handheld Surgical Devices And Equipment, Electrosurgical Devices And Equipment
2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
3) By Type of Expenditure: Public, Private
4) By Product: Instruments/Equipment, Disposables

Recent Surgical Equipment Market Trend – Next-Generation Ultrasonic Surgical Devices
Surgical equipment manufacturers are offering next-generation ultrasonic surgical devices to simplify complex surgical procedures. Modern ultrasonic surgical devices are multifunctional instruments capable of performing tissue plane dissection, coagulation, and transection during laparoscopic or open surgical procedures. Next-generation ultrasonic devices feature adaptive tissue technology. In this technology ultrasonic algorithm actively monitors the condition of the tissue within the jaws of the device and allows the system to intelligently sense and respond to changes in patient tissue conditions. The system modulates energy delivery based on tissue thickness and tissue type to optimize vessel sealing and provide for secure and reliable large vessel sealing. Ethicon’s Harmonic devices feature adaptive tissue technology

Surgical Equipment Market Prominent Players
Major companies in the surgical equipment market include Johnson & Johnson (J&J), Stryker Corporation, Intuitive Surgical, B. Braun Melsungen AG, and Getinge Group.

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The Surgical Equipment Global Market Report 2023  provides a comprehensive overview on the surgical equipment market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the surgical equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Surgical equipment are tools or devices that perform such functions as cutting, dissecting, grasping, holding, retracting, or suturing.

View More Related Reports –
Surgical Sutures And Staples Global Market Report 2023
Surgical Sealants And Adhesives Global Market Report 2023
Surgical Retractors Global Market Report 2023 

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