Global Surgical Snare Market Research Report: Information by Usability (Reusable and Single-Use) Application (Laparoscopy, Endoscopy, Cystoscopy, Otoscopy, Laryngoscopy, and Neuro-Endoscopy), End User (Hospitals and Clinics)—Global Forecast till 2023
Market Highlights
The global surgical snare market is expected to grow at an approximate CAGR of 4.4% during the forecast period, 2018–2023.
A surgical snare is a wire hoop use to tighten polyps or small tumors for severing, especially in body cavities. Surgical snares are extensively utilized in endoscopy. From the past few years, the market has grown with a rapid pace owing to the increasing number of endoscopy procedures, growing geriatric population, and rising healthcare expenditure.
According to the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), about 30 to 40 percent of people in the United States get an H. pylori infection which is the cause of peptic ulcers. However, factors such as low per capita income and lack of skilled workforce are estimated to restraint the market growth. World Health Organization (WHO) estimates that based on a threshold of 4.4 skilled health professionals per 1000 population, the needs-based shortage of health-care workers globally would be about 17.4 million of which almost 2.6 million are doctors and over 9 million are nurses and midwives.
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Segmentation
The global surgical snare market is segmented on the basis of usability, application, end user, and region.
On the basis of usability, the global surgical snare market is segmented into reusable and single-use. By application, the global surgical snare market by application is categorized into laparoscopy, endoscopy, cystoscopy, otoscopy, laryngoscopy, neuroendoscopy, and others. By end-user, the global surgical snare market is categorized into hospitals & clinics, ambulatory surgical centers, and others.
Regional Analysis
The Americas dominates the global market owing to the rising occurrence of diseases, high healthcare expenditure and well-developed healthcare infrastructure. In the United States, the annual spending on GI diseases is estimated to be nearly USD 140 billion. Following similar trends, Europe stands second in the market. Rising geriatric population is estimated to fuel the market.
Asia-Pacific was the fastest growing region for the global surgical snare market in 2017. Factors such as increasing innovation and awareness about the available treatment. On the other hand, the Middle East and Africa holds the least share in the global surgical snare market owing to the presence of poor economies and low per capita income, especially within the African region. Most of the market share within this region is estimated to be held by the Middle East.
Intended Audience
- Dental Clinics
- Medical Device Companies
- Research and Development (R&D) Companies
- Medical Research Laboratories
- Market Research and Consulting Service Providers
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The report for Global market by Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.
Global Surgical Snare Market, by Key Players
- Boston Scientific
- Olympus
- CONMED
- Medline Industries
- Steris
- Medtronic
- Merit Medical Systems
- Hill-Rom Holdings
- Sklar Surgical Instruments
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The Surgical Snare Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the surgical snare market includes Avalign Technologies, Boston Scientific, CONMED, Cook Medical, Hill-Rom Holdings, Medline Industries, Medtronic, Merit Medical Systems, Olympus, Sklar Surgical Instruments and Steris.An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Surgical Snare Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/surgical-snare-market/download-sampleMarket DynamicsThe rising cases of chronic kidney diseases, colon cancer and others are driving the demand for surgical snares.
The shifting preference towards minimally invasive surgeries owing to faster recovery, and shorter hospitalization period is driving the market growth.
The growth in ambulatory surgical centers with increasing funding on research & development activities is also boosting the market growth.
On the contrary, risk regarding clinical complications & infections due to usage of snares may curb the growth of this market.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis.
Recently published a report entitled Surgical Snare Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.
Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The broad surgical snare market has been sub-grouped into usability, application and end-user.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Surgical Snare Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/surgical-snare-market/download-sampleBy UsabilityReusable Surgical SnaresSingle-Use Surgical SnaresBy ApplicationGastrointestinal (GI) EndoscopyLaparoscopyGynecology/Obstetrics EndoscopyArthroscopyUrology Endoscopy (Cystoscopy)BronchoscopyMediastinoscopyOtoscopyLaryngoscopyRetinal EndoscopyNeuroendoscopyOther ApplicationsBy End-UserHospitalsAmbulatory Surgical CentersOther End UsersThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the surgical snare market includes Avalign Technologies, Boston Scientific, CONMED, Cook Medical, Hill-Rom Holdings, Medline Industries, Medtronic, Merit Medical Systems, Olympus, Sklar Surgical Instruments and Steris.Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for surgical snare in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
