Published on : Mar 09, 2018
Albany, New York, March 9, 2018: It has been well-identified that surgery is considered as the primary mode of treatment for patients suffering from chronic diseases, such as cardiovascular and neurological disorders, thereby, giving rise to more number of surgical procedures being conducted. Due to this, the demand for surgical kits has been increased steadily. Market Research Hub (MRH) has freshly publicized a new study titled to its vast repository, which is titled as “Surgical Kits Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2025”. The main motive of the study is to provide an in-depth analysis of the market trends, factors in the current market along with industry growth prospects from 2012 to 2017, and forecast to 2025.
In the present time, the report finds that the worldwide market for surgical kits is gaining substantially from the continuous rise in the global geriatric population, who are highly susceptible to chronic diseases and need to undergo various surgeries. Moreover, the research also finds that increasing awareness among people about the benefits of disposable surgical kits and packs and technological advancements in these kits are also encouraging market growth positively. Considering these facts, the analyst found that global market for surgical kits was worth US$18.25 bn in 2016. Also, the market is all set to expand at a CAGR of 8.50% during the period from 2017 to 2025 and reach a value of US$38.03 bn by the end of the period of the forecast.
Another important segment of the report throws light on the market competitive scenario among different market players. Continuous efforts by leading players in this market to produce technologically advanced products is working as a positive factor for market expansion. At present, some of the key players operating in surgical kits market include Cardinal Health, Medline Industries, Inc., Mölnlycke Health Care, 3M Health Care, Paul Hartmann AG, Medica Europe BV.
Moreover, the global market for surgical kits is largely studied on the basis of the type of the kit, procedure, end user, and the geography. To provide better and accurate results, the report majorly focuses on some of the prime regions including the Middle East and Africa (MEA), Europe, Asia Pacific, North America, and Latin America. The report presents major findings based on market segmentation, such as
- North America market for surgical kits is expected to remain dominant over the next few years, owing to the presence of advanced medical and healthcare infrastructure.
- By type, the market is classified into disposable and reusable surgical kits. Among the two, the demand for disposable surgical kits is relatively higher that reusable kits.
- Hospitals have surfaced as the leading end-user of surgical kits, finds study.
- By surgical procedures, the report covers ophthalmology, gynecology, urology, cardiac surgery, orthopedic surgery, neurosurgery, ear, neck and head surgery.
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