Surgical Instruments Market 2020-2026 Segment by Regions, Overall analysis, Type, Application and Sales

The global demand for Surgical Instruments has undergone a steady rise in the past and is predicted to do so for the next few years. The report gives an analysis of the historical data and the trends observed to identify the major driving factors behind the growth of the business. The regions included in the analysis are North America, Europe, Asia Pacific, South America, Middle East and Africa. This study offers a comprehensive perception of the global economy and the competitive landscape to give the investors all the vital business information. Further, it also provides expert insights to help the reader work on their competitive strategy and make better executive decisions.

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The increasing frequency of blood clotting disorders, coupled with increasing incidences of excessive blood loss in individuals during medical procedures are key factors boosting the growth of the global Surgical Instruments market. Moreover, growing awareness regarding hemostasis among individuals in emerging economies, and technological advancements in Surgical Instruments are some of the key factors propelling market growth in the industry.

According to the current analysis of Reports and Data, the global Surgical Instruments market was valued at USD 11.75 Billion in 2018 and is expected to reach USD 21.52 Billion by year 2026, at a CAGR of 7.9%. The expected rise in the growth is subjected to various applications for which the surgery procedure is required.

Companies considered and profiled in this market study

Zimmer Biomet Holdings, Inc., Becton, Dickinson & Company, B. Braun Melsungen AG, Smith & Nephew Plc., Stryker Corporation, Aspen Surgical Products, Inc., Ethicon, Inc., Medtronic, Alcon Laboratories, Boston Scientific Corporation

Type (Revenue, USD Billion; 2016–2026)

• Surgical Sutures & Staplers
• Handheld Surgical Devices
• Electrosurgical Devices

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Application (Revenue, USD Billion; 2016–2026)

• Neurosurgery
• Obstetrics & Gynecology
• Plastic & Reconstructive Surgery
• Orthopedic
• Other Applications

Category (Revenue, USD Billion; 2016–2026)

• Reusable
• Disposable

These products are the key to successful surgery procedures in today’s world. The countries like China & India where the population is at par compared to other countries have large demand for the tools used in surgeries due to the fact that the cases with different issues for which the process is required are increasing day by day. The increasing prevalence of chronic diseases are the most common driver for this industry’s development. The procedures for heart diseases and the road accidents these are also another major drivers for the industrial growth of this industry.

Further key findings from the report suggest

Surgical Instruments market is growing at a CAGR of 2% in Asia Pacific followed by North America and Europe, with 8.0% and 7.9% CAGR, respectively. High rate of surgeries due to different diseases across the globe is the key factor to accelerate the industrial development during forecast period across all regions

As of 2018, Obstetrics & Gynecology is the dominating Surgical Instruments which holds 78% of the global industry. The Asian region is the chief revenue generating source for this product segment, followed by North America and Europe regions

Reusable category is expected to be the fastest growing market segment during forecast period 2019-2026 with a CAGR of 8.3%. However, associated side effects and costs are major challenge for the industrial growth of this market segment

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Scope of the Report:

With all the data gathered and analyzed using SWOT analysis, there was a clearer picture of the competitive landscape of the global Surgical Instruments market. Sources for the future market growth were uncovered and outlying competitive threats also surfaced. There was strategic direction eminent in the market and this shows in the key trends and developments studied. By getting market background and using current norms, policies, and trends of other leading markets for cross-references, market data was completed.

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Dry Powder Inhaler Device Market Share, Size, Analysis And Opportunity Assessment (2019 - 2026)

The global Dry Powder Inhaler Device Market is estimated to reach USD 912.3 Million by 2026, according to a new report by Reports and Data. This can be mainly associated due to increasing incidences of hereditary diseases, lung disorders and increasing pollution due to the high discharge of harmful chemicals are significant reasons for chronic respiratory diseases that are generating a significant demand for the dry powder inhalers. Improvised efficiency of dry powder inhalers and better results in comparison with alternative therapies is a driving factor that will aid market growth. Based on statistics, the rise in elderly population base inclined to respiratory infections will boost market growth. A significant cause of lung disorders in teenagers and adults is the addiction to nicotine. Increases in variations of hormones due to the changing lifestyle which can trigger the need for having an addiction are also significant factors stimulating Market demand.

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Further key findings from the report suggest

• The asthma segment is valued at USD 205.1 million in 2018 and is estimated to reach USD 299.2 million by 2026 at a CAGR of 4.7% during the forecast period, due to an increase in air pollution levels across the world and increase in the incidence of asthma particularly in developed countries.
• Lifestyle changes and rise in the occurrence of allergies and infections amongst the population has driven to an extended demand for dry powder inhalers in the overall market in Europe. Industrialization and excessive use of chemicals have further increased the occurrence of respiratory ailments in workers that have led to market development.
• Other regions such as APAC are estimated to register the highest CAGR of 5.1 %, during the forecast period. APAC is anticipated to have the fastest growth, due to a rapidly emerging medical infrastructure, increasing expenses on healthcare and rising medical tourism in developing nations such as China and India in this region.
• Key participants include 3M Company, Astrazeneca Plc., Chiesi Farmaceutici S.p.A., GlaxoSmithKline Plc, Novartis AG, Cipla Ltd., Teva Pharmaceutical Industries Limited, Boehringer Ingelheim GmbH, MannKind Corporation, and Vectura Group Plc.

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Product Outlook (Volume, Thousand Units; and Revenue, USD Million; 2016-2026)

• Capsule based
• Blister based
• Reservoir/Cartridge based
• Others

End User Outlook (Volume, Thousand Units; and Revenue, USD Million; 2016-2026)

• Hospitals and pharmacies
• Retail pharmacies
• Drug stores

Application Outlook (Volume, Thousand Units; and Revenue, USD Million; 2016-2026)

• Asthma
• COPD
• Diabetes
• Hereditary diseases
• Other

Type Outlook (Volume, Thousand Units; and Revenue, USD Million; 2016-2026)

• Single dose
• Multi-dose

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Regional Outlook (Volume, Kilo Tons; and Revenue, USD Million; 2016-2026)

• North America
1. U.S.
• Europe
1. Germany
2. UK
• Asia Pacific
1. China
2. India
3. South-east Asia
• Latin America
1. Brazil
• MEA

Artificial Joints Market Size, Status, Share And Forecast By 2026

The Artificial Joints Market is expected to reach USD 26.39 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the growing geriatric population, increasing incidence of osteoarthritis and arthritis which are expected to further accelerate the market growth globally. Based on statistics, rising obese population, increase unhealthy eating habits which in turn result in obesity which tend to develop knee, and hip replacement surgeries are also some of the factors that help to grow the size of the global market.

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Osteoarthritis is one of the leading diseases in advanced countries. It is also found in adults younger than age 60, who had to undergo total knee and hip replacement surgeries, are providing the market growth in many developed countries. The artificial joint, also known as prosthesis, is a device that is surgically implanted to replace a natural bone to correct joint abnormalities and to improve joint function. The global artificial joints market is segmented on the material used such as oxinium, ceramic, alloy, and other materials. In recent years, artificial joints have gained popularity, and it is anticipated to grow further during the forecast period. Factors such as the decreased risk of chemical inertness, resistance to corrosion, osteolysis, non-allergic properties, and biocompatibility would drive the market growth of the market.

Further key findings from the report suggest

• The artificial joints are designed to replicate the movement of a typical, healthy joint.
• The growing incidences of age-related musculoskeletal disorders are one of the important factors responsible for the market growth globally.
• Musculoskeletal disorders have been the most prevalent disorder that affects the aging population.

• The most common musculoskeletal disorders among the aging population have been fractures, osteoarthritis, osteoporosis, and infections.
• Hip and knee replacements are the most usually performed joint replacements, and it is expected to grow at a CAGR of 4.8% during the forecast period.
• Replacement surgery is suitable for other joints, as well, including the wrist, ankle, shoulder, and elbow.
• Key participants include Aesculap AG, Biomet, Inc., Depuy Synthes (Johnson & Johnson), DJO Global, Inc., Exactech, Inc., Globus Medical, JRI Orthopaedics, Medtronic, Inc., NuVasive, Inc., AK Medical, SAMO, Smith & Nephew, Stryker Corp., Arthrex, Zimmer Holdings.

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For the purpose of this study, Reports and Data have segmented the global Artificial Joints Market on the basis of Material, End-User, Application and Region:

Material Outlook (Revenue, USD Million; 2016-2026)

• Cobalt-chromium alloys
• Titanium alloys
• Metal-plastic

End User Outlook (Revenue, USD Million; 2016-2026)

• Prosthetics clinics
• Hospitals
• Rehabilitation centre
• Others

Application Outlook (Revenue, USD Million; 2016-2026)

• Hip and knee
• Ankle
• Wrist
• Shoulder
• Elbow

Regional Outlook (Revenue, USD Million; 2016-2026)

• North America
• U.S.
• Europe
• Germany
• UK
• Asia Pacific
• China
• India
• South-east Asia
• Latin America
• Brazil
• MEA

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In Vitro Diagnostics (IVD) Market Growth, Scope, Size, Key Players and Forecast 2016 to 2026

Growth in the geriatric population and the widespread prevalence of chronic and infectious disease is fueling the market demand.  

Market Size – USD 69.43 Billion in 2018, Market Growth - CAGR of 4.6%, Market Trends – The rise in the trend of personalized medicine.

The Global In Vitro Diagnostics (IVD) Market is forecast to reach USD 99.46 Billion by 2026, according to a new report by Reports and Data. The growth in the in vitro diagnostic market is due to the rise in the study and new innovations in genomic and proteomic services in the industry. The unexplored sectors are providing ample opportunities for the growth of the market in the coming years. Further, the increase in research and development facilities in molecular diagnostic and development of new products is fueling the market growth. Innovative launches of various techniques, application of in vitro diagnostic in therapeutic areas, are propelling the market growth.

Asia Pacific is the fastest growing region. This is due to the increase in investment in healthcare by government and leading players, rise in government initiatives, and the presence of a large population in the region. The market is also growing due to the rise in awareness of healthcare in countries such as China, India, and Japan.

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Further key findings from the report suggest

• The paradigm shift from traditional diagnostic to new generation diagnostic in gene level has changed the market for diagnostics. The field of in vitro witnessed several changes, and it was possible due to the inclusion of advanced technology, such as molecular diagnostics, genetic testing, next-Generation Sequencing (NGS) and Polymerase Chain Reaction (PCR).
• Reagent segment holds the largest market share of 37% in the year 2018. Developing countries have established local immunoassay reagents programs to produce high quality, low-cost reagents.
• Kits from these immunoassay reagents programs are becoming available to consumers and are likely to fuel the market expansion.
• Immunoassays held a market share of 23% in the year 2018. The large share of this segment is mainly attributed to the increasing preference for these technologies in clinical diagnostics over other traditional methods.
• North America held a market share of 31% in the year 2018. The US is the major contributor owing to the increased investment in healthcare and increase in point-of-care testing. The region is expected to do well due to the well-established healthcare industry and increase in the infectious disease.
• Key participants include BioMérieux, Danaher Corporation, Hoffmann-La Roche AG, Becton, Dickinson and Company, Bio-Rad Laboratories, Inc., Abbott Laboratories, Arkray Inc., Sysmex Corporation, Ortho-Clinical Diagnostics, Siemens Healthcare GmbH, and Thermo Fischer Scientific Inc. among others.

For the purpose of this report, Reports and Data have segmented the global In Vitro Diagnostics Market on the basis of Product Type, Devices, Technique, Application, End User, and Region:

Product Type Outlook (Revenue, USD Billion; 2016-2026)

• Reagents
• Instruments
• Software and Services

Devices Outlook (Revenue, USD Billion; 2016-2026)

• Disposable IVD Devices
• Reusable IVD Devices

Technique Outlook (Revenue, USD Billion; 2016-2026)

• Immunoassay
• Molecular Diagnostic
• Clinical Diagnostics
• Urinalysis
• Hematology

Application Outlook (Revenue, USD Billion; 2016-2026)

• Microbial Genome
• Gene Engineering
• Drug Design and Chemoinformatics
• Transcriptomics
• Other Applications

End User Outlook (Revenue, USD Billion; 2016-2026)

• Academics
• Forensic Science
• Agriculture
• Pharmaceuticals
• Other End Users

Regional Outlook (Revenue, USD Billion; 2016-2026)

• North America
  1. U.S.
• Europe
  1. UK
  2. France
• Asia Pacific
  1. China
  2. India
  3. Japan
• MEA
• Latin America
1. Brazil

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