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Recent market study from Fact MR predicts that as investments in the development of healthcare infrastructure continue to rise, sales of surgical procedures will increase at an accelerated CAGR through 2031. Finding development possibilities, important trends, growth drivers, and obstacles is the aim of the study. It also offers suggestions to help companies get ready for unanticipated difficulties.
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One of the primary growth drivers will continue to be the emphasis on enhancing total patient care. In addition, the market for surgical procedures will keep growing as more patients and families are ready to pay for cutting-edge medical care.
Fact.MR's market research provides unique insights into the market's future growth. Important factors that are influencing the market's growth for surgical procedures volume are identified by the study. Important aspects are clarified by this recently released study, including the opportunities, challenges, and drivers for major industry participants as well as up-and-coming production and supply-related firms. The most recent Fact.MR research offers a thorough market analysis of the volume of surgical procedures.
Which Region Will Drive Major Demand for Surgical Procedures?
South Asia and East Asia are expected to lead in demand for surgical procedure devices due to growing healthcare investments, rising rates of cardiovascular diseases, the increasing popularity of advanced surgeries, and a shift toward minimally-invasive procedures.
In North America, innovations in surgical technologies and rapid adoption of new techniques will fuel market growth through 2028. The rising number of surgeries in these regions will drive demand for surgical equipment, including devices and implants.
Other factors, such as the presence of key outpatient surgical providers, advanced healthcare infrastructure, high healthcare spending, and the growth in reconstructive and robotic-assisted surgeries, are expected to further enhance the market in these regions throughout the forecast period.
Country-wise Insights
The growing obesity problem in the U.S. has led to an increase in related diseases, resulting in a higher number of surgeries. This trend is expected to significantly boost the demand for surgical devices and implants.
The rising preference for non-invasive and minimally invasive procedures will further drive the demand for surgical equipment in the country.
Additionally, ongoing research and development in healthcare will support the demand for advanced procedures such as reconstructive, robotic-assisted, and navigation surgeries.
Competitive Landscape
Leading surgical procedure providers are prioritizing the launch of new surgical equipment designed to support advanced minimally-invasive and other cutting-edge procedures.
In April 2022, Merit Medical Systems Inc., a prominent player in healthcare technology, introduced the ReSolve® Thoracostomy Tray. This tray includes all the necessary products for performing thoracostomy, a minimally-invasive procedure used to drain fluids or air from the chest cavity.
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