Global General Surgical Devices Market Growth, Trends And Forecasts (2018 - 2023)

Recent Developments
Intuitive Surgical Inc. is an American corporation. It is the maker of the da Vinci Surgical System. This company develops, manufactures and markets robotic products which are designed to improve clinical outcomes of patients through minimal invasive surgery. Intuitive Surgical Inc. is the leading company in general surgical devices market. Frederic Moll is the founder of Intuitive Surgical Inc. It is headquartered in headquartered in Sunnyvale, California. The company is part of the NASDAQ-100 and S&P 500.

Intuitive Surgical, Inc. is the global technology leader in robotic-assisted minimally invasive surgery (MIS). Intuitive Surgical, Inc. received CE mark approval in Europe for the latest da Vinci X Surgical System that provides robotic-assisted surgeries at a lower cost for hospitals and surgeons.

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Market Segmentations
Market Data Forecast published a report named global General Surgical Devices Market. It is valued $0.91 Billion in 2018, and it expected to reach $1.502 Billion by 2023 with a CAGR of 10.20%.
Report is segmented by
Type
• Callipers
• Forceps
• Suction Tubes
• Scissors
• Probes
• Handles
• Needle Holder
• Speculums
• Clamps
• Retractors
• Tendon Strippers
• Clips
• Sutures
• Catheters
• Approximators

Technology
• Electrosurgical Equipment
• Wireless Surgical Equipment
• Manual Surgical Equipment

Based on type, needles and syringes held the largest share of the market. Under the technology category, electrosurgical devices segments is expected to register the fastest growth during the forecast period owing to the rising demand for these devices among growing number of minimal invasive surgical procedures.

Geographical Segmentation
The global market is analyzed under various regions namely North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America and Europe was driven by advent of new technologies and high disposable income of consumer population.

Key market players in the market are-
• Medtronic Plc.
• Stryker Corporation
• Johnsons And Johnsons
• Conmed Corporation
• Alcon Laboratories Inc.

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Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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