The global powered surgical instruments market size is expected to reach USD 2.8 billion by 2026, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 3.8%. Increasing number of surgical procedures, coupled with technological advancements, is anticipated to drive the market. Moreover, increasing awareness and affordability of plastic or reconstructive surgeries and surgeries for sports injuries is likely propel growth over the forecast period.
Increase in factors such as demand for minimally invasive surgeries & robot-aided procedures as well as improving accessibility to healthcare is contributing to growth. In addition, increasing geriatric population and rising awareness about availability of surgical procedures are likely to boost the market.
Increase in number of road accidents and rising healthcare expenditure in emerging economies are other factors likely to boost revenue generation in the market. According to the U.S. Census Bureau, the global healthcare expenditure is expected to reach USD 18.28 trillion by 2040, growing at a CAGR of 2.6%. According to WHO, the global population aged 60 years and above is expected to reach 2 billion by 2050, from 900 million in 2015. This demographic is more susceptible to a vast number of diseases, increasing the need for effective treatments, thereby boosting the market.
To Know More About Powered Surgical Instruments Market, Access Sample Report @ https://www.grandviewresearch.com/industry-analysis/powered-surgical-instruments-market/request/rs1
Further key findings from the report suggest:
Browse Details of Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/powered-surgical-instruments-market
Grand View Research has segmented the powered surgical instruments market on the basis of product, application, and region:
Powered Surgical Instruments Product Outlook (Revenue, USD Million, 2015 – 2026)
Powered Surgical Instruments Application outlook (Revenue, USD Million, 2015 – 2026)
Key Topics Covered
Table of Content
Chapter 1 Methodology and Scope 1.1 Research Methodology 1.2 Information Procurement 1.2.1 Purchased Database 1.2.2 Gvr’s Internal Database 1.2.3 Secondary Sources 1.2.4 Primary Research 1.2.5 Details Of Primary Research 1.2.5.1 Data for primary interviews in North America 1.2.5.3 Data for Primary Interviews in Europe 1.2.5.4 Data for Primary Interviews in APAC 1.2.5.6 Data for Primary Interviews in Latin America 1.2.5.8 Data for Primary Interviews in MEA 1.3 Information or Data Analysis 1.3.1 Data Analysis Models 1.4 Market Formulation & Validation Chapter 2 Executive Summary 2.1 Market Summary Chapter 3 Market Variables, Trends, & Scope 3.1 Market lineage outlook
… continued
Browse Related Reports :
Syringes Market By Product (General, Specialized, Smart), By Usage (Reusable, Disposable), By End Use (Hospitals, Blood Collection Centers), By Region, And Segment Forecasts, 2019 – 2026:
https://www.grandviewresearch.com/industry-analysis/syringes-market
Transcatheter Devices Market By Product (Transcatheter Embolization & Occlusion, Replacement and Repair Devices), By Application, And Segment Forecasts, 2019 – 2026:
https://www.grandviewresearch.com/industry-analysis/transcatheter-devices-market
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Media ContactCompany Name: Grand View Research, Inc.Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.Email: Send EmailPhone: 1-415-349-0058, Toll Free: 1-888-202-9519Address:201, Spear Street, 1100 City: San FranciscoState: CaliforniaCountry: United StatesWebsite: https://www.grandviewresearch.com/industry-analysis/powered-surgical-instruments-market