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Surgical Instruments Exporters Confident of Publishing Record Profits
| Posted on January 7, 2019 at 2:09 PM |
Yesterday, there were two important news tales for the Surgical Instruments industry. The first one was of Intuitive Surgical Inc. - the industry head in medical robotics that has reported second quarter revenue of $351 million, up from $261 million for the same period last year and the second one was from Abbott that has announced financial results for the Q2, confirming double-digit income growth outlook for 2010 2010.
Both the news stories confirm the actual fact that the surgical instruments industry is witnessing a substantial growth and the surgical instruments exporters are confident of posting record profits this year too!
Market forces are buying research and development of more advanced, yet cost-effective surgical devices. Abbott, also needs to release several more products this season and possess several next generation instrument systems for haematology, immunochemistry and bloodstream testing in development.
There have been reports that the global market for surgical equipment will exceed $7 billion by 2016 with a Compound Annual Growth Rate of 6% from 2009 to 2016.
India and china are going to be the growth engines because of this demand due to the increase in their health care infrastructure as well as the increasing preference for minimally invasive surgeries. Out of the BRIC economies, India and China are expected to grow more than 8% for the next two years.
To stay in tune with the market requirement, surgical equipment exporters and suppliers keep looking for latest technologies, to maximize their profits and also to bring a sizeable foreign exchange to their country.
Surgical equipment that are specially designed tools or devices for performing specific actions of undertaking desired effects throughout a surgery or operation comes in wide selection of varieties like procedure theatre equipment, pipe line accessories, word vacuum with regulator, bpc flow meter with humidifier, mox regulator, safety key plug, orthopedic instruments, bone screws, silicone resuscitators, incubation instruments, rubber accessories, oxygen therapy equipment, medical blades, blood lancet, disposable blade remover, post mortem knives, prep blades, surgical scissors, re-tractors, needle holders, suture instruments, artery forceps, dissecting forceps etc.
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Both the news stories confirm the actual fact that the surgical instruments industry is witnessing a substantial growth and the surgical instruments exporters are confident of posting record profits this year too!
Market forces are buying research and development of more advanced, yet cost-effective surgical devices. Abbott, also needs to release several more products this season and possess several next generation instrument systems for haematology, immunochemistry and bloodstream testing in development.
There have been reports that the global market for surgical equipment will exceed $7 billion by 2016 with a Compound Annual Growth Rate of 6% from 2009 to 2016.
India and china are going to be the growth engines because of this demand due to the increase in their health care infrastructure as well as the increasing preference for minimally invasive surgeries. Out of the BRIC economies, India and China are expected to grow more than 8% for the next two years.
To stay in tune with the market requirement, surgical equipment exporters and suppliers keep looking for latest technologies, to maximize their profits and also to bring a sizeable foreign exchange to their country.
Surgical equipment that are specially designed tools or devices for performing specific actions of undertaking desired effects throughout a surgery or operation comes in wide selection of varieties like procedure theatre equipment, pipe line accessories, word vacuum with regulator, bpc flow meter with humidifier, mox regulator, safety key plug, orthopedic instruments, bone screws, silicone resuscitators, incubation instruments, rubber accessories, oxygen therapy equipment, medical blades, blood lancet, disposable blade remover, post mortem knives, prep blades, surgical scissors, re-tractors, needle holders, suture instruments, artery forceps, dissecting forceps etc.
Get more information info Foot balance suppliers in Muscat, Oman
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