Market for Surgical And Medical Instrument in the United States
In value terms, surgical and medical instrument production rose to $ in . The total output value increased at an average annual rate of +% from 2013 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of %. Surgical and medical instrument production peaked in and is expected to retain growth in years to come.
The value of the surgical and medical instrument market in the United States was estimated at $ in , growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2013 to ; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level of $; afterwards, it flattened through to .