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Globally, technological innovations remain the key driver in the market penetration of surgical equipment. While the manufacturers continue to grapple with rapid price erosion that this sector has been experiencing, unit sales growth in the emerging economies should offset the impact of price decline. The global surgical equipment market growth will directly be influenced by hospitals spending and health infrastructure improvement in the emerging countries.

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Global Surgical Equipment, Market Size and Growth
The global surgical equipment market was valued at $4.5 billion in 2008. Driven by growth in the surgical sutures category, the market is forecast to grow by 5.8% annually during 2008-2015 to reach $6.7 billion by 2015.

The surgical sutures category will continue to be the largest and one of the fastest growing categories within the global surgical equipment market. This category alone contributed more than half of the overall market value of $4.5 billion in 2008.
This latest surgical equipment market data and analysis was taken from the research report "The Future of the Surgical Equipment Market to 2015published by Global Markets Direct - for more information on this report, Click Here
 

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