Surgical Snare Market Trends, Applications and Types, | Forecast To 2023
Market Highlights The Global Surgical Snare Market size is expected to grow at an approximate CAGR of 4.4% during the forecast period, 2018–2023. A surgical snare is a wire hoop use to tighten polyps or small tumors for severing, especially in body cavities. Surgical snares are extensively utilized in endoscopy. From the past few years, the market has grown with a rapid pace owing to the increasing number of endoscopy procedures, growing geriatric population, and rising healthcare expenditure. According to the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK), about 30 to 40 percent of people in the United States get an H. pylori infection which is the cause of peptic ulcers. However, factors such as low per capita income and lack of skilled workforce are estimated to restraint the market growth. World Health Organization (WHO) estimates that based on a threshold of 4.4 skilled health professionals per 1000 population, the needs-based shortage of...