Pedicle Screw Systems Market Seeing Growth, Drivers, New Trends

The global handheld surgical devices market is poised to display a CAGR of 6.8% over the forecast period. The rising number of surgeries is the primary driver of the market. According to the Eurostat report of 2016, close to 1,040.8 cases of cataract surgery and nearly 406 cases of transluminal coronary angioplasty were recorded. The increasing number of diseases has warranted surgical instruments to increase the chances of success. Sterilization solutions designed to ensure the elimination of microbials and other harmful microorganisms can protect doctors and citizens from infections.

Handheld surgical devices are tools or instruments used by clinicians or surgeons in operation theaters. The nature of surgeries and the seriousness of injuries or diseases can warrant high-end devices. The global handheld surgical devices market report by Market Research Future (MRFR) outlines salient aspects of the industry in a comprehensive manner for readers. It has highlighted trends, opportunities, and challenges for the period of 2018 to 2023 (forecast period).

Other prominent drivers of the global handheld surgical devices market include a steady demand for cosmetic surgeries, large number of accidents, high patient awareness levels, and technological advancements. As per the World Health Organization (WHO), close to 10 million are injured due to road accidents annually. This can positively impact market growth.

Lack of skilled personnel and stringent government regulations can be challenging for the global handheld surgical devices market.