Global Surgical Instruments Market Growth 2023-2029

Global Surgical Instruments Market Growth 2023-2029

Surgical instruments are widely used in surgeries for making incisions, grasping the skin or tissues, coagulation of blood vessels, providing access to the site of operation, and closing the wound.

LPI (LP Information)' newest research report, the “Surgical Instruments Industry Forecast” looks at past sales and reviews total world Surgical Instruments sales in 2022, providing a comprehensive analysis by region and market sector of projected Surgical Instruments sales for 2023 through 2029. With Surgical Instruments sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Surgical Instruments industry.

This Insight Report provides a comprehensive analysis of the global Surgical Instruments landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Surgical Instruments portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Surgical Instruments market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Surgical Instruments and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Surgical Instruments.

The global Surgical Instruments market size is projected to grow from US$ 1080840 million in 2022 to US$ 1704280 million in 2029; it is expected to grow at a CAGR of 1704280 from 2023 to 2029.

The growth in surgical equipment market is majorly driven by the factors such as rising demand for surgical tools due to rising number of surgical procedures with rising prevalence & incidence of various chronic diseases and increasing ageing population. Moreover, increasing healthcare expenditure, increasing demand of plastic and reconstructive surgery and rising demand for technologically advanced minimal invasive surgical procedures are further expected to boost the market growth during the forecast period. Stringent government regulations and lack of proper reimbursement for surgical equipment may hamper the market growth during the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of Surgical Instruments market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Surgical Sutures & Staples
Handheld Surgical Equipment
Electrosurgical Devices

Segmentation by application
Neurosurgery
Plastic & Reconstructive Surgeries
Wound Closure
Urology
Obstetrics & Gynecology
Thoracic Surgery
Microvascular Surgery
Cardiovascular Surgery
Orthopedic Surgery

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BD
Johnsons & Johnsons
KLS Martin Group
Abbott Laboratories
Microline Surgicals

Key Questions Addressed in this Report

What is the 10-year outlook for the global Surgical Instruments market?

What factors are driving Surgical Instruments market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Surgical Instruments market opportunities vary by end market size?

How does Surgical Instruments break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.