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Market Analysis: Surgical Instrument Transport Market On The Rise

Surgical instruments must remain sterile as they are moved from central sterile processing to the operating room. Trays and carts are among the tools used to maintain the cleanliness of instruments as they are delivered to the operating room. Moving used instruments to an area to be cleaned as soon as possible after a procedure is another factor all health care facilities consider when it comes to how they transport these tools.

The surgical instrument transport device market is expected to continue to grow along with other surgical equipment markets. Increases in the number of minimally invasive procedures as well as an aging population are factors pushing the market to new heights.

The global surgical equipment market, which impacts the surgical instrument transport device market, is expected to grow at a CAGR (Compound Annual Growth Rate) of 4.2 percent from 2013 to 2019. The global surgical equipment market was valued at $8.43 billion in 2012 and by 2019 it is expected to grow to $11.28 billion, according to a research report released by Transparency Market Research.

The growth in the global surgical equipment market will help fuel continued growth in the surgical instrument transport device market. More advanced surgical tools often require specialized trays and other devices to maintain sterile instruments. This need for specialization, common for robotic surgical instruments, is a growing segment of the market.

“The key driver for the global surgical equipment market is an increase in demand for sophisticated surgical tools that help perform minimally invasive surgeries,” according to a news release from Business Wire. “The report says that this demand has increased due to a growing number of accidents – road and other accidents – that require quick surgical assistance. Another factor is an increasing geriatric population, which requires a high level of medical and surgical attention.”

An analyst with Allied Market Research echoed the growth predicted by other researchers.

“The global surgical equipment market is expected to grow at a healthy CAGR during the forecast period,” the analysts said on the Allied Market Research website. “Inception of modern electronic technologies such as minimally invasive surgery equipment, and robotic- and power-assisted systems are primarily driving the surgical equipment market. Introduction of da Vinci Surgical System by Intuitive Surgical is one of the significant milestones of the surgical equipment industry and it has provided a platform for robotic-assisted surgeries. Electrosurgical devices and power-assisted systems are also the recent trends that are improving the performance of surgical procedures.”

The analyst also commented on challenges the market will face, including the proper sterilization and transport of surgical instruments.

“Despite promising growth opportunities, inadequate quality assurance concerning performance, improper sterilization procedures for reusable equipment and the absence of favorable regulatory framework in some regions (such as developing economies) stand as restraints for the market. In the United States, the FDA has enforced strict regulatory guidelines for the manufacture and standardization of surgical equipments,” according to the analyst. “Under these guidelines FDA has enforced general control, pre-marketing control and post-marketing control for surgical devices.”



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