Global Surgical Snare Market is expected to rise from its initial estimated value of USD 992 million in 2018 to an estimated value of USD 1,476.8 million by 2026 registering a CAGR of 5.10% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising colon polypectomy procedures and growing demand for minimally invasive surgeries.
Arthroscopy is a minimally invasive surgical procedure that is performed where examination or even treatment is performed through an endoscope or through an arthroscope. These procedures require a number of instruments to aid in the entire surgical procedures and such instruments are known as surgical snare.
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Market Drivers:
- Increasing number of ambulatory surgical centers has increased the demand for these instruments as these population usually suffer from arthritis
- Rising geriatric population over the world will act as a major market driver
Global Surgical Snare Market By Usability
- Reusable
- Single-Use By Application
Global Surgical Snare Market By Application
- Gastrointestinal Endoscopy
- Laparoscopy
- Gynecology/Obstetrics Endoscopy
- Arthroscopy
- Urology Endoscopy (Cystoscopy)
- Bronchoscopy
- Mediastinoscopy
- Otoscopy
- Laryngoscopy
- Retinal Endoscopy
- Neuroendoscopy
- Others
TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
- Market Ecosystem
- Market Characteristics
- Market Segmentation Analysis
Part 05: Pipeline Analysis
- Pipeline Analysis
Part 06: Market Sizing
- Market Definition
- Market Sizing
- Market Size And Forecast
Part 07: Five Forces Analysis
- Bargaining Power Of Buyers
- Bargaining Power Of Suppliers
- Threat Of New Entrants
- Threat Of Substitutes
- Threat Of Rivalry
- Market Condition
Part 08: Market Segmentation
- Segmentation
- Comparison
- Market Opportunity
Part 09: Customer Landscape
Part 10: Regional Landscape
- Geographical Segmentation
- Regional Comparison
- North America
- South America
- Europe
- Mea
- Apac
- Market Opportunity
Part 11: Decision Framework
Part 12: Drivers and Challenges
- Market Drivers
- Market Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
- Overview
- Landscape Disruption
Part 15: Vendor Analysis
- Vendors Covered
- Vendor Classification
- Market Positioning Of Vendors
Part 16: Appendix
- List Of Abbreviations
See The Complete Table Of Contents And List Of Exhibits, As Well As Selected Illustrations And Example Pages From This Report.
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Competitive Analysis:
The global surgical snare market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of surgical snare market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Developments in the Market:
- In February 2018, Teleflex Incorporated announced the U.S. launch of two new versions of its Sympro Elite and Expro Elite snares to manipulate interventional devices in different peripheral procedures.
- In February 2017, Merit Medical Systems acquired the product portfolio of Critical Care business of Catheter Connections, Inc. and Argon Medical Devices. This strategy helped the company to expand their product offerings and also for expanding their geographic presence in the surgical snare market.
Key Market Competitors:
Few of the major market competitors currently working in the surgical snare market are:-
- Avalign Technologies,
- Boston Scientific Corporation,
- CONMED Corporation,
- Cook,
- Medline Industries, Inc.,
- Hill-Rom Services Inc.,
- Medtronic,
- Merit Medical Systems,
- Olympus Corporation,
- Sklar Surgical Instruments,
- STERIS plc.,
- Aspen Surgical,
- Stingray Surgical Products,
- LLC,
- Purple Surgical,
- OPT Surgisystems S.R.L.,
- NEOS Surgery S.L.,
- Mid Central Medical,
- HEBUmedical GmbH,
- Ellman International, Inc.,
- Eickemeyer,
- David Scott Company and
- Teleflex Incorporated.
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