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Surgical Snares Market Share

Report ID: GMI5641
Published Date: May 2023
Report Format: PDF

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Surgical Snares Market Share

Some of the major players operating in the surgical snares industry are:

Boston Scientific Corporation
Olympus Corporation
ConMed Corporation
Medline Industries
Merit Medical Systems

These leading market players are implementing advanced technologies to cater to the large unmet needs of the consumers. These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Market size for surgical snares was USD 1.1 billion in 2022 and is estimated to record over USD 2.2 billion by 2032 due to the surging burden of chronic conditions, such as gastrointestinal disorders and colorectal cancer.

The single-use usability segment held more than 61% of the surgical snares industry share in 2022 due to the increasing need for lowered risk of contamination, high efficiency, and easy to use factors.

Surgical snares industry share from hospitals reached over USD 695 million in 2022 and will significantly expand through 2032 due to the higher availability of advanced equipment, better medical accessibility, faster care, and the high volume of surgeries.

Demand for surgical snares in the U.S. will reach more than USD 818 million by 2032 on account of the rapidly increasing geriatric population in the region.