The global precision surgery market size was USD 5.21 Billion in 2021 and is expected to register a revenue CAGR of 14.1% during the forecast period, according to latest analysis by Emergen Research. Rapid adoption of technologies, such as Internet of Things (IoT), Artificial Intelligence (AI), and Machine Learning (ML), among others, is a major factor driving market revenue growth. In addition, market companies and researchers are developing smart instruments that incorporate a variety of sensors and simplify the operation process. In addition, increasing demand for innovative products that aid in wound closure is another factor driving revenue growth of the market. Wound closure devices, such as flexible wound closure strips, topical skin adhesives, reinforced skin closures, elastic skin closures, and anti-microbial skin closures, are likely to provide market companies with various appealing growth opportunities.
The report is the latest document offering full coverage of the impact of the COVID-19 outbreak on the Precision Surgery Device market. The global health crisis has affected nearly every aspect of this business vertical, alongside adversely impacting the global economy. The research report encompasses the serious effects of the coronavirus pandemic on the Precision Surgery Device market and its impact on the key market segments. It further gauges the impact of the COVID-induced restrictions on the leading market players, supply chains, and distribution channels.
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Key Players operating in the industry are:
Siemens Healthcare GmbH, Zimmer Biomet, B. Braun SE, Medtronic, Stryker, Alcon, Aspen Surgical, Johnson & Johnson, Baxter, and Boston Scientific
Radical Features of the Precision Surgery Device Market Report:
- The report encompasses Precision Surgery Device market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
- An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
- Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
- Supply chain analysis along with technological advancements offered in the report
- The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Precision Surgery Device industry
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Segmentation:
-
Type Outlook (Revenue, USD Billion; 2019-2030)
- Handheld Surgical Devices
- Electrosurgical Devices
- Others
-
Application Outlook (Revenue, USD Billion; 2019-2030)
- Neurosurgery
- Cardiovascular
- Wound Closure
- Others
-
Regional Outlook (Revenue, USD Billion; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of Middle East & Africa
- North America
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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