Surgical Snare Market Size, Trends and Share Analysis By Usability (Reusable and Single-Use), Application (Laparoscopy, Endoscopy, Cystoscopy, Otoscopy, Laryngoscopy, and Neuro-Endoscopy), Key Players and Region, Forecast to 2023
The Global Surgical Snare Market size is expected to grow at a CAGR of 4.4% during the forecast period, 2018–2023 says Market Research Future (MRFR). 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. Surgical snare market is expected to witness significant growth 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.
Request Free Sample Report: https://www.marketresearchfuture.com/sample_request/7842
Surgical Snare Market Segmentation
The global surgical snare market is segmented on the basis of
- end user
On the basis of usability, the global surgical snare market is segmented into
- single use
By application, the global surgical snare market by application is categorized into
By end-user, the global surgical snare market is categorized into
- hospitals & clinics
- ambulatory surgical centers
Surgical Snare Market 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.
Browse Full Research Report at: https://www.marketresearchfuture.com/reports/surgical-snare-market-7842
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
Market Research Future
+1 646 845 9312