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Surgical Equipment Market (Surgical Sutures, Surgical Hand Instruments and Electrosurgical Devices) Estimated to Reach USD 7.5 Billion Globally in 2017: Transparency Market Research
Date:5/31/2012

ALBANY, New York, May 31, 2012 /PRNewswire/ --

According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Surgical Equipment Market (Surgical Sutures, Surgical Hand Instruments and Electrosurgical Devices) - Global Forecast, Market Share, Size, Growth and Industry Analysis (2010 - 2017)"; the global surgical equipment market was worth USD 5.2 billion in 2011 and is forecasted to reach USD 7.5 billion in 2017 at a CAGR of 6.2% from 2011 to 2017. Surgical sutures segment accounted for the largest share - i.e. 57.0% of the global surgical equipment market at USD 3.0 billion in 2011. The electrosurgical devices segment will have the fastest revenue growth at a CAGR of 7.5% during 2011 - 2017.

Browse the full report athttp://www.transparencymarketresearch.com/surgical-equipment-market.html 

The global surgical equipment market is divided into three categories: electrosurgical devices, hand instruments and surgical suture. The surgical equipment industry is composed of mechanical devices (such as lasers, electro-surgery devices, disposables, heavier cutting tools, generators and accessories), handheld instruments (blades, scalpels, clamps and scissors) and wound closure products such sutures (non-absorbable and absorbable).

The surgical equipment market is driven by strong economic growth in Japan, Europe and in emerging economies such as India and China. Increased healthcare expenditure, improving standards of living and longer life expectancies are the major factors driving the growth of the surgical equipment market. Mor
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