Global General Surgery Devices Market, By Type (Disposable Surgical Supplies, Examination & Surgical Gloves, General Surgery General Surgery Procedural Kits, Needles and Syringes, Venous Access Catheters), Open Surgery Instrument, Energy-based & Powered Instrument, Minimally Invasive Surgery Instruments, Medical Robotics & Computer Assisted Surgery Devices, By Application (Orthopedic Surgery, Cardiology, Ophthalmology, Wound Care, Audiology, Thoracic Surgery, Urology and Gynecology Surgery, Plastic Surgery, Neurosurgery, Others), By End User (Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Others), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
The general surgery devices market has been witnessing steady growth over the years owed to the rising prevalence of chronic diseases and the growing geriatric population worldwide. General surgery involves operative procedures for treatment of diseases or injuries in various parts of the body excluding the organs like heart or brain. The increasing adoption of minimally invasive surgeries fuelled by patient preference for quick recovery and minimal scarring has significantly driven the demand for general surgery devices in recent times. Furthermore, the advanced technologies facilitating improved visualization, dexterity and control during complex procedures have boosted the capabilities as well as popularity of general surgery. While developed regions dominate the market currently, emerging nations are expected to provide high growth opportunities owing to growing healthcare expenditure and infrastructure.
Market Dynamics:
The global general surgery devices market is primarily driven by the rising geriatric population prone to injury or disease, increasing obesity rates leading to higher risk of chronic conditions, and growing preference for minimally invasive procedures. However, pricing pressures due to reimbursement cuts and regulatory requirements for new product approval are some of the key factors restraining market growth. The development of robotic assisted platforms expanding the capabilities of complex general surgery presents a major opportunity for manufacturers. Additionally, improving access to healthcare in developing nations will further support the market expansion in the coming years.
For instance, on May 29, 2023, according to a report published in the National Center for Biotechnology Information, in 2022, there were approximately 771 million people aged 65+ years globally, accounting for almost 10% of the world’s population, and this figure has been growing at an increasing rate, which is expected to hit 16% in 2050, and eventually 24% by 2100
Similarly, in October 2022, according to a report published by the World Health Organization (WHO), the share of the population aged 60 years and over will increase from 1.36 billion in 2020 to 1.42 billion, while by 2050, the world’s population of people aged 60 years and older will double (2.1 billion)
Key features of the study:
This report provides in-depth analysis of the global general surgery devices market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global general surgery devices market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Medtronic Plc, Johnson & Johnson Service; Inc., Conmed Corporation, Integra LifeSciences, Smith & Nephew, Becton, Dickinson and Company (Bd), B. Braun Melsungen Ag, Cadence Inc, Integer Holdings Corporation, Olympus Corporation, Stryker, Boston Scientific Corporation, Erbe Elektromedizin Gmbh and 3M Healthcare
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global general surgery devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global general surgery devices market
Detailed Segmentation:
Global General Surgery Devices Market, By Type
Disposable Surgical Supplies
Surgical Non-woven
Disposable Surgical Masks
Surgical Drapes
Surgical Caps
Surgical Gowns
Examination & Surgical Gloves
General Surgery General Surgery Procedural Kits
Needles and Syringes
Venous Access Catheters
Open Surgery Instrument
Retractor
Dilator
Catheters
Energy-based & Powered Instrument
Powered Staplers
Drill System
Minimally Invasive Surgery Instruments
Laparoscope
Organ Retractor
Medical Robotics & Computer Assisted Surgery Devices
Adhesion Prevention Products
Global General Surgery Devices Market, By Application
Orthopedic Surgery
Cardiology
Ophthalmology
Wound Care
Audiology
Thoracic Surgery
Urology and Gynecology Surgery
Plastic Surgery
Neurosurgery
Others
Global General Surgery Devices Market, By End User
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
Others
Global General Surgery Devices Market, By Region
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Global General Surgery Devices Market, Key Players
Medtronic Plc
Johnson & Johnson Service; Inc.
Conmed Corporation
Integra LifeSciences
Smith & Nephew
Becton; Dickinson and Company (Bd)
Braun Melsungen Ag
Cadence Inc
Integer Holdings Corporation
Olympus Corporation
Stryker
Boston Scientific Corporation
Erbe Elektromedizin Gmbh
3M Healthcare
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Overview
Report Description
Market Definition and Scope
Executive Summary
Top 3 Market Findings
Top 3 Market Opportunity
3. Key Industry Insights
Market Dynamics
Drivers
Restraints
Opportunities
Impact Analysis
Pest Analysis
Porters Analysis
Technological Advancement
Merger, Acquisition and Collaboration Scenario
Recent Product Approvals/Launches
Company Market Share Analysis
4. General Surgery Devices Market, By Type, 2018 - 2030 ( US$ Billion)
Introduction
Market Size and Forecast, 2018 - 2030, ( US$ Billion)