GLOBAL MARKET
2018: 14.90 billion; by 2026: $26.52 billion
Market Share: 2018 North America: 31.3%
Compound annual growth rate (CAGR): 2019-2026: 7.1%
Applications
Orthopedic surgery
Laparoscopy
Neurosurgery
Wound closure
Others
Key industry players
- 3M
- Becton Dickinson and Co.
- Boston Scientific
- B. Braun Medical
- CONMED
- Erbe Elektromedizin
- Integra LifeSciences
- Intuitive Surgical
- Johnson & Johnson
- Medtronic
- Smith & Nephew
- Stryker
- Zimmer Biomet
Factors promoting growth
- Increase in surgical procedures
- Increasing rates of chronic diseases
- Increase in aging population
- Plastic/reconstructive surgery demand
- Rising healthcare expenditure
- Technological advancements
- Minimally invasive surgery demand
Explore the August 2019 Issue
Check out more from this issue and find your next story to read.
Latest from Today's Medical Developments
- GrindingHub Americas launches in 2027 in Cincinnati, Ohio
- Methods Machine Tools now offers the Nakamura-Tome NT-Flex
- Battelle awards $900,000 in STEM education grants to Ohio schools
- #55 Lunch + Learn Podcast with KINEXON
- Starrett and Gerstner offer limited edition, American made 1950s replica wooden machinist tool chests
- EMCO’s UNIVERSALTURN 50: The new benchmark in universal turning
- Archetype's Expertise for Equity accelerates early-stage innovation
- Stratasys expands its AM solutions with Tritone's cutting-edge technology
