Surgical Snare Market Research Report: Information by Usability (Reusable and Single-Use) Application (Laparoscopy, Endoscopy, Cystoscopy, Otoscopy, Laryngoscopy, and Neuro-Endoscopy), End User (Hospitals and Clinics)- Forecast till 2027
The global surgical snare market is expected to grow at an approximate CAGR of 4.4% during the forecast period, 2018–2023.
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Segmentation
The global surgical snare market is segmented on the basis of usability, application, end user, and region.
On the basis of usability, the global surgical snare market is segmented into reusable and single-use. By application, the global surgical snare market by application is categorized into laparoscopy, endoscopy, cystoscopy, otoscopy, laryngoscopy, neuroendoscopy, and others. By end-user, the global surgical snare market is categorized into hospitals & clinics, ambulatory surgical centers, and others.
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.
Surgical Snare Market, by Key Players
- Boston Scientific
- Olympus
- CONMED
- Medline Industries
- Steris
- Medtronic
- Merit Medical Systems
- Hill-Rom Holdings
- Sklar Surgical Instruments
Intended Audience
- Dental Clinics
- Medical Device Companies
- Research and Development (R&D) Companies
- Medical Research Laboratories
- Market Research and Consulting Service Providers
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