VICTOR MEDICAL INSTRUMENTS CO.,LTD Risk Report

📜 Innovation & R&D

Victor Medical Instruments Co., Ltd seems to be involved in the evolving landscape of the surgical devices market, with potential opportunities for innovation. The company's focus on surgical staplers, amidst a growing market, suggests investment in research and development, possibly to strengthen its competitive edge.

• The global surgical staplers market is projected to surpass ~USD 8 billion by 2030, as reported on 🗓 2024-08-28.
• A report forecasts the surgical staplers market to hit USD 7.29 billion by 2029 with a 7.2% CAGR, according to data on 🗓 2024-11-26.
• On 🗓 2025-06-10, Safe Group announced FDA 510(k) clearance for SpineUp's Frida solution, indicating advancements in medical device innovation.