SAN FRANCISCO, May 15, 2018 /PRNewswire/ --
The global general surgery devices market is expected to reachUSD 25 billion by 2025, according to a new report by Grand View Research, Inc. Government initiative and increasing volume of surgeries is anticipated to boost growth in the market.
Global health initiatives for the advanced surgical procedure is expected to boost the general surgery market. In January 2017, Ethiopia Federal Ministry of Health (FMOH) launched the Health Sector Transformation Plan (HSTP) and Safe Surgery (SaLTS) program that prioritizes safe surgery and makes anesthesia care and emergency surgical services accessible and affordable.
Advancements in polymer science and technology are directly co-related to the evolution of minimally invasive methods and associated medical device design that is anticipated to increase the demand over the forecast period. In October 2017, RTI Surgical launched a 3-dimensional printed polymer implant material to be used for spinal interbody fusion.
Increase in investments in R&D pertaining to general surgery devices, commercialization of new devices are the factors responsible for propelling the growth of the market. In October 2017, NIH provided funding of USD 169 million to Brain Research through Advancing Innovative Neurotechnologies Initiative for the introduction of innovative brain scanners to the market for better diagnosis and procedures.
Browse full research report with TOC on "General Surgery Devices Market Size, Share & Trends Analysis by Type (Disposable, Open Surgery Instruments, Energy-based & Powered Instruments), by Application and Segment Forecasts, 2018 - 2025"at: https://www.grandviewresearch.com/industry-analysis/general-surgery-devices-market
Further Key Findings From the Report Suggest:
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Grand View Research has segmented the global general surgery devices market on the basis of type, component, delivery mode, application, end-use and region:
Explore the BI enabled intuitive market research database, The Grand Library, by Grand View Research, Inc.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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SOURCE Grand View Research, Inc.
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