Hepato-pancreatico-biliary (HPB) surgeries surgical devices market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 6,458.35 million by 2028 and will grow at a CAGR of 6.11% in the above mentioned forecast period.
The hepato-pancreatico-biliary (HPB) is a type of surgery of the liver, pancreas, and gallbladder. This surgery can be difficult and need specialized training and experience. Surgical devices are exclusively designed instruments for carrying specific actions or performing out preferred effects during a surgery.
The increase in healthcare spending is amongst the important factor expected to intensify the growth and demand of hepato-pancreatico-biliary (HPB) surgeries surgical devices market. In addition, the rise in number of patients suffering from gall bladder stone disease, liver cancer, pancreatic disorders amongst others and rise in the popularity of minimal invasive surgery procedure among the population are also expected contributes to the growth in the global market over the forecast period of 2021 to 2028. Also the rise in the awareness and increase in patient affordability of surgeries are also likely to enhance the growth of the market. Furthermore, the rapid technological advancement in the field of surgical devices and increase in healthcare expenditure are also amongst the significant factors expected to fuel the growth of the hepato-pancreatico-biliary (HPB) surgeries surgical devices market.
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The rise in the expenditure by major players on advancement of new products and upgradation of existing ones along with the rise in the incidence of urological surgery conditions are anticipated to offer significant growth opportunities for the hepato-pancreatico-biliary (HPB) surgeries surgical devices market in the forecast period of 2021 to 2028.
North America region leads the hepato-pancreatico-biliary (HPB) surgeries surgical devices market owing to the well-developed health care infrastructure, rise in per capita income and high adoption rate of advanced surgeries. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rise in awareness and increase in patient affordability of surgeries.
The major players covered in the hepato-pancreatico-biliary (HPB) surgeries surgical devices market report are Abbott, Johnson & Johnson Services, Inc., B. Braun Melsungen AG, BD, Boston Scientific Corporation, Cardinal Health, CONMED Corporation, Cook, CooperSurgical, Inc., Koninklijke Philips N.V., Medtronic, Smith & Nephew, Stryker, W.L. Gore & Associates, Inc., Richard Wolf GmbH, Olympus Corporation, KARL STORZ SE & Co. KG, 3M, General Electric Company and Lotus Surgicals, among other domestic and global players.
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