Asia-Pacific Surgical Snares Market Databank
The Surgical Snares market was valued at $1,100.0 Million in 2020, and is projected to reach $1,883.4 Million by 2029 growing at a CAGR of 6.20% from 2021 to 2029. GI Endoscope segment is expected to be the highest contributor to this market, with $331.4 Million in 2020, and is anticipated to reach $565.6 Million by 2029, registering a CAGR of 6.16%. Laparoscopy segment is anticipated to reach $106.4 Million by 2029 with the highest CAGR of 6.51%. GI Endoscope and Urology Endoscopy segments collectively expected to account for about 52.1% share of the Surgical Snares market in 2020, with the former constituting around 30.1% share. Laparoscopy and Urology Endoscopy segments are expected to witness significant growth rates at a CAGR of 6.51% and 6.23% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 27.5% in the overall Surgical Snares market in 2020, and is anticipated to reach 27.7% by 2029.
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