Report ID: UCMIG35D2230
Report ID:
UCMIG35D2230 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The worldwide surgical procedures market is anticipated to witness substantial growth in terms of revenue, with an estimated 108,275.5 thousand procedures in 2023, projected to increase to 127,748.5 thousand procedures by 2028, reflecting a compounded annual growth rate (CAGR) of 3.4% during the period from 2023 to 2028. The expansion of the surgical procedures sector in the United States can be primarily attributed to the increasing incidence of chronic illnesses, the growing elderly population, advancements in surgical methodologies, and augmented investments in healthcare infrastructure.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Health Care Services by segment aggregation, the contribution of the Health Care Services in Health Care Equipment & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG35D2230