Report ID: SQMIG35A2587
Report ID:
SQMIG35A2587 |
Region:
Global |
Published Date: March, 2024
Pages:
198
|
Tables:
95 |
Figures:
66
North America dominated the surgical scissors market, commanding a significant share of approximately 42.5%. This prevalence can be attributed to the escalating occurrences of chronic ailments encompassing cardiovascular, neurological diseases, dermatological issues, and orthopedic disorders. These factors collectively drive market expansion in the North American region. Furthermore, the surge in surgical procedures due to accidents, burns, and trauma cases further fuels market growth across this area.
In the European region, the second-highest revenue share was observed, poised for a projected Compound Annual Growth Rate (CAGR) of around 6.36% during the forecast period. Europe boasts technologically advanced nations housing numerous institutions offering intricate surgical interventions for various disease treatments. The increasing prevalence of chronic conditions within Europe prompts a surge in surgical interventions, contributing to the growth of this market segment.
Concurrently, the Asia Pacific region is forecasted to exhibit the most remarkable growth, projected at approximately 6.89%. This surge is driven by well-established healthcare infrastructure in nations like Japan, as well as ongoing advancements in India and China. Additionally, the growing elderly population significantly impacts this region's market dynamics. Notably, China experiences a significant disease burden, with chronic conditions such as cardiovascular diseases, neurological disorders, diabetes, and accidental injuries ranking among the leading causes of death. This scenario further propels the market's expansion, aligning with the high-impact drivers in the Asian market.
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Report ID: SQMIG35A2587