Surgical Equipment Market have wide applications in distinctive surgical techniques, for example, neurosurgery, plastic and reconstructive surgeries, wound closure, urology, obstetrics and gynaecology, thoracic surgery, micro-vascular, cardiovascular, orthopaedic surgery, laparoscopy and others.
However, high cost of the devices, shortage of skilled labour and strict regulatory policies are the major restraints for the market Global Surgical Equipment Market - Competitive AnalysisMedtronic Plc.
(U.S.), Stryker Corporation (U.S.), Johnsons & Johnsons (U.S.), Conmed Corporation (U.S.), Alcon Laboratories Inc. (U.S.), Smith & Nephew Plc (U.K), Zimmer Holdings Inc. (U.S.), Boston Scientific Corporation (U.S.), B. Braun Melsungen AG (Germany), KLS Martin Group (U.S.), Abbott Laboratories (U.S.), Olympus Corporation (Japan), Karl Storz GmbH & Co. Kg (Germany), Cook Medical (U.S.), and Teleflex Incorporated (U.S.) are some of the prominent players at the forefront of competition in the Global Surgical Equipment Market and are profiled in MRFR Analysis.
Because of increasing competition in the market, multination companies are using strategy of acquisition, which has increased the profit of the company as well as significantly reduced the competition.April, 2017 – Medtronic plc had announced results of the ENDURANCE Supplemental trial in a late-breaking clinical trial session of the 2017 International Society for Heart and Lung Transplantation (ISHLT) Scientific Meeting in San Diego.
According to company reports, the study evaluated company's HVAD(TM) System as a long-term therapy for patients needing heart pumps (left ventricular assist devices, or LVAD) who received improved blood pressure management.
Medtronic is among the world's largest medical technology, services and solutions companies.