Market Trends of Surgical Pliers Industry
This section covers the major market trends shaping the Surgical Pliers Market according to our research experts:
Ambulatory Surgical Centers Show Lucrative Opportunity in the Market
- Ambulatory care or outpatient care is medical care that is provided on an outpatient basis. The prevalence of chronic diseases is increasing across the world, due to the rapidly aging population and greater longevity of people with chronic conditions, eventually leading to tremendous pressure on the healthcare system across the world. Since surgery addresses a broad spectrum of conditions that incur large social, economic, and health burdens, it is an indivisible and indispensable part of health systems. Throughout the past few decades, surgery has been increasingly prioritized by the global health community or governments even in low- and middle-income countries. As a result, the number of surgical procedures has risen significantly, to address the global disease burden, thus leading to a rise in the utilization and adoption of surgical pliers.
- Over the past few years, with the move to value-based care, hospitals and healthcare systems are facing extreme competition from ambulatory service sites, particularly those which offer physician office-based procedures and ambulatory surgery. Gaining in popularity across the globe, ambulatory surgery centers (ASCs) provide both operational and economic efficiencies, enabling ease of patient access, very competitive pricing, and increased opportunities for physician engagement. Thus, with the increasing number of surgeries, the surgical pliers market is expected to grow in the future.
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North America Dominates the Market
North America is expected to dominate the overall market throughout the forecast period. In the North American region, the United States holds the largest market share, and this is due to better regulations of surgical devices and growing awareness among the population to approach for such procedures in case of injuries and chronic disease problems. The companies also have well-established direct channel collaboration with hospitals and clinics to serve the studied market.
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