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Posterior Microsurgical Instruments Market Progresses for Huge Profits by 2026

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Medical procedures such as pedical subtraction osteotomy and vertebral column resection allows surgeons to use tools and techniques to correct sagittal irregularity. Technological advances in medical field including posterior microsurgical instrumen
Posterior Microsurgical Instruments
Market Progresses for Huge Profits by
2026
Posterior Microsurgical Instruments Market by Product Type
(Ophthalmic Posterior Microsurgical Instruments, Cardiovascular
Posterior Microsurgical Instruments, Surgical Posterior Microsurgical
Instruments, and Others), by End Users (Hospitals, Specialty Clinics,
and Ambulatory Surgical Centers), and by Geography - Size, Share,
Outlook, and Opportunity Analysis 2018 – 2026
Medical procedures such as pedical subtraction osteotomy and vertebral column resection
allows surgeons to use tools and techniques to correct sagittal irregularity. Technological
advances in medical field including posterior microsurgical instruments are expected to enhance
efficiency of medical surgeries. They can be used in order to determine a successful surgical
procedure. Common tools used in posterior microsurgeries include retractors, elevators,
rongeurs, nerve hooks and curettes.
Posterior Microsurgical Instruments Market – Driver
Organizing conferences and meetings by market players regarding posterior microsurgical are
creating awareness amongst surgeons and patients, which is expected to drive growth of the
market. For instance, Mercian Surgical Supply Co Ltd., company of U.K, is planning to exhibit
a meeting for British Association of Spine Surgeons at Brighton, U.K., in April 2019, to discuss
latest innovations in spinal surgeries.
Posterior Microsurgical Instruments Market – Regional Analysis
On the basis of region, the global posterior microsurgical instruments market is segmented into
North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.
North America region is expected to dominate the global posterior microsurgical instruments
market due to adoption of inorganic growth strategies by key players such as agreements in the
U.S. For instance, in April 2017, 7D Surgical System, entered into exclusive sales
representative agreements with two premier American medical device distributors, Surgical One
and DB Surgical, for Machine-Vision Image Guided Surgery (MvIGS) technology. This new
MvIGS platform can achieve fast surgical workflow for spine procedures.
Asia Pacific region is expected to witness significant growth in posterior microsurgical
instruments market due to rapidly growing healthcare sector and less cost of surgeries. For
instance, according to data published by India Brand Equity Foundation (IBEF), in September
2018, the cost of surgery in India is about one-tenth of that in the US or Western Europe and
healthcare has become one of India’s largest sectors both in terms of revenue and employment.
Competitive Analysis
Key players operating in posterior microsurgical instruments market include Volk Optical Inc.,
Ziemer Ophthalmic Systems, Novartis AG, Carl Zeiss Meditec AG, Lumenis, Abbott
laboratories, Katalyst Surgical, LLC. Mercian Surgical Supply Co Ltd., and Rumex
International Co.
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Posterior Microsurgical Instruments Market – Taxonomy
By Product Type
•Ophthalmic Posterior Microsurgical Instruments
•Cardiovascular Posterior Microsurgical Instruments
•Surgical Posterior Microsurgical Instruments
•Others
By End Users
•Hospitals
•Specialty Clinics
•Ambulatory Surgical Centers
Posterior Microsurgical Instruments Market – Restraint
The growth of global posterior microsurgical instruments market is depicted by the presence of
various provincial and local vendors worldwide. This is creating huge competition for
established players, as local vendors are providing such instruments at less cost, and thus
hampering growth of the posterior microsurgical instruments market. Furthermore, according to
a Sterilization and Infection Control Blog, October 2016, various surgical tools may remain
inside the body post-surgery, causing harmful consequences among patients therefore,
conducting further procedure become necessary, which in turn is expected to hamper growth of
market.
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