A report from TheBusinessResearchCompany shows that the "Global Handheld Surgical Devices And Equipment Market 2019" is expected to decline to $6.15 billion at a CAGR of -0.2% through 2022.
Increasing number of surgical procedures is the key factor driving the handheld surgical devices market. According to the Australian Institute of Health and Welfare, during 2015–16, there were 10.6 million hospitalisations, and 1 in 4 hospitalisations involved a surgical procedure.
