The Business Research Company’s Surgical Equipment Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Surgical Equipment Global Market Report 2023 evaluates surgical equipment market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global surgical equipment market has demonstrated significant growth, marking a remarkable transition from $27.05 billion in 2022 to $29.04 billion in 2023, reflecting a robust compound annual growth rate (CAGR) of 7.4%. However, in the backdrop of these prosperous numbers, it is crucial to acknowledge that the macroeconomic landscape has been substantially influenced by the Russia-Ukraine conflict, which, in turn, has cast its shadow on global economic prospects, particularly in the short term.
The Russia-Ukraine war has been a destabilizing force, contributing to an intricate web of consequences that has had a cascading impact on various facets of the global economy. This conflict has, in particular, prompted the imposition of stringent economic sanctions on numerous nations, thereby intensifying the economic turmoil and exacerbating the impediments that the world has been grappling with in the wake of the COVID-19 pandemic. The consequences extend beyond geopolitical boundaries, translating into a surge in commodity prices, as well as disruptions in global supply chains. These ripple effects have, in turn, precipitated inflationary pressures, which resonate through both goods and services, leaving an indelible mark on multiple markets across the globe.
Nonetheless, as we peer into the future, there remains a glimmer of optimism. The global surgical equipment market is poised for continued expansion, with forecasts indicating that it is expected to ascend to a market size of $36.49 billion by the year 2027. This anticipated growth trajectory is underpinned by a calculated CAGR of 5.9%, despite the prevailing challenges. This underscores the resilience of the healthcare industry and its capacity to adapt and evolve even amidst turbulent geopolitical and economic climates. In conclusion, while the global surgical equipment market has faced turbulence, its forward trajectory suggests promising prospects for the years ahead.
The surgical equipment market segments in the report are:
1) By Type: Surgical Sutures And Staples, Handheld Surgical Devices And Equipment, Electrosurgical Devices And Equipment
2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users
3) By Type of Expenditure: Public, Private
4) By Product: Instruments/Equipment, Disposables
Top 5 Major Players:
- Johnson & Johnson (J&J)
- Stryker Corporation
- Intuitive Surgical
- B. Braun Melsungen AG
- and Getinge Group.
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Table of contents :
1. Executive Summary
2. Report Structure
3. Surgical Equipment Market Characteristics
4. Surgical Equipment Market Product Analysis
5. Surgical Equipment Market Supply Chain
….
21. Key Mergers And Acquisitions In The Surgical Equipment Market
22. Market Background: Medical Equipment Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer
List of Tables:
Table 1: Historic Market Growth, Value ($ Billion)
Table 2: Forecast Market Growth, Value ($ Billion)
Table 3: Global Surgical Equipment Market, 2022, By Region, Value ($ Billion)
Table 4: Global Surgical Equipment Market, 2017-2022, 2022-2027F, 2032F, Historic And Forecast, By Region
Table 5: Global Surgical Equipment Market, Growth And Market Share Comparison, By Region
….
Table 129: Global Medical Equipment Market, 2017-2022, 2022-2027F, 2032F, Historic And Forecast, By Region
Table 130: Global Medical Equipment Market, 2017-2022, 2022-2027F, 2032F, Segmentation By Type, Value ($ Billion)
Table 131: Global Surgical Equipment Market In 2027- Growth Countries
Table 132: Global Surgical Equipment Market In 2027- Growth Segments
Table 133: Global Surgical Equipment Market In 2027- Growth Strategies
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