China Medical Equipment Market Size, Share, Trends, Demand, Revenue, CAGR Status, Business Challenges, Key Manufacturers and Future Competition Till 2033: SPER Market Research
Medical instruments and tools used by surgeons and other healthcare workers during surgical procedures are referred to as “surgical devices” in a wide sense. The purpose of these technologies is to help surgeons do their duties with the highest level of accuracy and precision. A vast array of items falls under the category of general surgical devices, such as scalpels, electrosurgical instruments, scissors, forceps, retractors, and sutures. For the purpose of identifying, averting, and treating a range of medical disorders through surgical procedures, these instruments are a vital part of contemporary medicine.
According to SPER market research, ‘China Surgical Devices Market Size- By Product, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the China Surgical Devices Market is predicted to reach USD XX billion by 2033 with a CAGR of 6.35%.
Drivers: Growing Ageing Population: As the frequency of age-related medical problems increases, China’s ageing population has increased the demand for general surgical instruments and necessitated an increase in the number of surgical procedures. Furthermore, the market’s expansion has been significantly boosted by an increase in surgical techniques, which include laparoscopic, robotic-assisted, and minimally invasive operations. Furthermore, the growing prevalence of chronic diseases has boosted the demand for general surgical instruments, driving up the demand for surgical treatments. This is related to the increased burden of chronic diseases.
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Challenges: Strict restrictions: Market expansion may be restricted by the Chinese government’s stringent laws governing the marketing and licencing of medical equipment, which may keep new competitors out of the country. Moreover, the expensive price of sophisticated surgical equipment. Because of their high cost, smaller healthcare facilities with tighter resources could find it difficult to implement technologically advanced surgical devices.
Impact of COVID-19 on China Surgical Devices Market
The Covid-19 pandemic had a tremendous impact on the healthcare sector, specifically the China General Surgical Devices Market. The increase in Covid-19 cases necessitated a shift of healthcare resources towards pandemic management, resulting in a temporary slowdown in elective surgeries. However, during the pandemic, the emphasis on infection control and patient safety resulted in an increase in demand for disposable surgical instruments. As the situation stabilises, the market is projected to recover and resume its upward trend.
China Surgical Devices Market Key Players:
Furthermore, some of the market’s leading players include B. Braun Melsungen AG, Boston Scientific Corporation, Johnson & Johnson, Conmed Corporation, Integer Holdings Corporation and Others.
China Surgical Devices Market Segmentation:
By product: Based on the Product, China Surgical Devices Market is segmented as; Handheld Devices, Laproscopic Devices, Electro Surgical Devices, Wound Closure Devices, Trocars and Access Devices, Other Products.
By Application: Based on the Application, China Surgical Devices Market is segmented as; Gynecology and Urology, Cardiology, Orthopaedic, Neurology, Other Applications.
By Region: This research includes data for Eastern Region, Northern Region, Southern Region, Western Region.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
For More Information, refer to below link:-
China Surgical Devices Market Size
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