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Medical Equipment Market Global Report 2017

12:45 EDT 1 Aug 2017 | PR Newswire

LONDON, Aug. 1, 2017 /PRNewswire/ -- Medical equipment devices are designed to aid diagnosis, monitoring or treatment of medical conditions. The medical equipment market comprises surgical and medical instruments, surgical appliances and supplies, ophthalmic goods, dental laboratories, and in vitro reagents.

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Surgical instruments are specially designed tools or devices which are used in operations to modify biological tissue or to provide access for viewing it. Surgical instruments are used to provide assistance to a surgeon during an operation or sometimes by a specialized professional such as surgical technologist or a nurse. Graspers, clamps, retractors, distractors, mechanical clutters, injection needles, and suction tips and tubes are the surgical instruments widely used by surgeons and nurses.

The global medical equipment market is expected to reach over $500 billion in 2020. One of the key drivers of the medical equipment mrket include Technology – Technology is expected to be a continued driver of market growth during this period. Areas of particular development are likely to be robotics and minimally invasive surgery technologies. Markets such as this one will benefit from the greater efficiencies offered by these technologies. For example, ConforMIS iFit image-to-implant technology allows surgeons to 3D print joint replacement implants to suit the needs of each patient's body, thereby reducing the duration of knee replacement surgery as well as patient recovery time.

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