Artery forceps market by Type, Product, Application, End User, and Region - Global Opportunity Analysis and Industry Forecast, 2019 – 2025

According to a new market research report published by Apsters Research “Artery forceps market by Type, Product, Application, End User, and Region - Global Opportunity Analysis and Industry Forecast, 2019 – 2025”, the global artery forceps market is expected to reach USD xxx million by 2025 from USD xxx million in 2018, at a CAGR of xx% during the forecast period.

The research study focuses on the global artery forceps market covering in-depth description, competitive scenario, product offerings of key vendors and business strategy adopted by competitors along with their SWOT analysis, revenue, sales and Porter's Five Forces Analysis.

Browse the full report at - https://www.apstersresearch.com/artery-forceps-market-size-share-and-industry-analysis-with-trends-forecasts-2019-2025/1006

Increasing number of surgeries and growing applications of artery forceps are providing growth opportunities to the key players

Globally, the number of surgeries are drastically increasing. Which is resulting in increasing applications of artery forceps in various biological segments. Based on its effective usage, the applications of these forceps is increasing in various fields such as gynaecology, neurosurgery, cardiovascular, orthopedic, plastic and reconstructive surgery, obstetrics, and so on. These growing applications are providing development opportunities for the players operating in the artery forceps market. Companies look forward to provide artery forceps which are of low maintenance, advanced technology, high durability, sturdy construction and longer functional life.

Advantages associated with handheld instruments and technological advancements drive the growth of this market

Global artery forceps market is experiencing a significant growth based on factors such as increasing number of surgical procedures, growing demand for handheld instruments, increasing number of geriatric population and age related diseases, and technological advancements in the field of surgical instruments. Also, hospital admissions and surgical procedures have increased significantly over past few years. These factors primarily drive the demand for artery forceps and fuels the growth of artery forceps market during the forecast period. However, growing adoption of minimal invasive and non-invasive procedures are likely to restrain the growth of this market.

The curved artery forceps are projected to witness highest growth during the forecast period.

The artery forceps market is segmented on the basis of type, product, application, end user and geography. On the basis of type, the market is segmented into Spencer Well’s forceps, Mosquito forceps – Halsted, Heiss forceps, Hartmann forceps Artery Forceps, Pean forceps, Kocher forceps, Crile forceps, Tuffier forceps, and others. By product, the market is segmented into curved and straight artery forceps. The application segment is divided into gynaecology, neurosurgery, cardiovascular, orthopedic, plastic and reconstructive surgery, obstetrics, and others. The end user segment includes hospitals, ambulatory surgery centers, and others.

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North America to dominate the global artery forceps market in 2019

Geographic breakdown and deep analysis of each of the segments mentioned above is included for North America, Europe, Asia-Pacific, and Rest of the World. North America is expected to dominate the market by holding maximum market share of the global artery forceps market. Factors such as large presence of key players, growth number of research studies, and developments in surgical procedures are attributed to this dominant position of North American region. However, Asia-Pacific is expected to experience a fastest growth during the forecast period. Large population base, growing healthcare infrastructure, increasing number f surgical procedures and continuous technological advancements are some of the factors that drive the growth of artery forceps market in this region.

Increasing number of new entrants in artery forceps market is creating a competitive environment in the industry.

Large number of emerging players are developing new and improved products to make a mark in this market. Moreover, companies are also entering into strategic collaborations to enhance their production capacity and improve their existing product line. This enables the companies to gain a significant market share in the global artery forceps market.

Some of the major companies profiled in the report include B. Braun Melsungen AG, Coopersurgical, Inc. (A Unit of the Cooper Companies, Inc.), Olympus Corporation, Ethicon, Inc. (A Subsidiary of Johnson & Johnson), Karl Storz GmbH & Co. Kg, KLS Martin Group, Medgyn Products, Inc., Sklar Surgical Instruments, and Richard Wolf GmbH. 

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