High Demand Of Surgical Equipment Market | Thoracic Surgery, Microvascular Surgery, Cardiovascular Surgery, Orthopedic S
Global Surgical Equipment Market was valued at $9,783.8 million in 2016 and is expected to reach $15,737.1 million by 2023 supported by a CAGR of 7.0% during the forecast period 2017 to 2023. Surgical equipment is the medical devices used to cut, coagulate, desiccate, and fulgurate the body tissues during the surgical procedures. The growth in surgical equipment market is majorly driven by the factors such as rising demand for surgical tools due to rising number of surgical procedures with rising prevalence & incidence of various chronic diseases and increasing ageing population. Moreover, increasing healthcare expenditure, increasing demand of plastic and reconstructive surgery and rising demand for technologically advanced minimal invasive surgical procedures are further expected to boost the market growth during the forecast period. Stringent government regulations and lack of proper reimbursement for surgical equipment may hamper the market growth during the forecast period. Full Report Download: https://goo.gl/yFe296
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