Here are three takeaways:
1. The major driving factors of the market include increased healthcare spending, fast growing geriatric population, rising volume of surgical procedures and rising accessibility of healthcare facilities.
2. The market could be set back due to insufficient quality assurance, reducing costs, inadequate reimbursement policies and lack of adequate sterilization processes.
3. Key global powered surgical instruments market players include Zimmer Biomet, Medtronic, Conmed, Alcon Laboratories, Stryker and Smith & Nephew.
More articles on devices and implants:
4 trends in PEEK use for orthopedic, spine surgery
Medtronic, Life Spine, Misonix & more: 12 device company notes
gSource announces opening of instrument repair center
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