General Surgery Devices Market Size - By Product Type (Disposable Surgical Supplies, Open Surgery Instruments, Energy-based & Powered Instruments, Minimally Invasive Surgery Instruments, Medical Robotics & Computer Assisted Surgery Devices), By Application, By End-use, & Forecast, 2023 – 2032
Published Date: August - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationGeneral Surgery Devices Market Size
General Surgery Devices Market size was valued at around USD 17.2 billion in 2022 and is projected to reach over USD 34.9 billion by the end of 2032. This incremental growth rate is owing to increasing prevalence of chronic diseases coupled with rising demand for minimally invasive surgical procedures for the diagnosis and treatment of these ailments.
Technological advancements in general surgery devices associated with rising awareness regarding availability of high-precision surgical devices is anticipated to drive the market growth. General surgery devices are designed to aid in performing various surgical interventions, improving precision, reducing patient risks, and enhancing overall surgical outcomes.
As more people suffer from conditions like obesity, diabetes, and heart disease, minimally invasive surgeries have become more popular. These surgeries, which involve smaller cuts, less scarring, and faster recovery times, require special tools to perform. Advancements in technology have made these tools better and more efficient, leading to better results and shorter recovery times for patients. So, as more and more people get older and chronic diseases become more common, the demand for general surgery devices is growing, driving the industry's growth.
General surgery devices are medical instruments, equipment, and tools specifically designed and used by surgeons and medical professionals to perform various surgical procedures. These devices are tailored to meet the specific requirements of surgical procedures, ensuring precision, accuracy, and safety and can vary significantly in design and functionality.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| General Surgery Devices Market Size in 2022 | USD 17.2 Billion |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 7.1% |
| 2032 Value Projection | USD 34.9 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 250 |
| Tables, Charts & Figures | 701 |
| Segments covered | Product Type, Application, End-use, and Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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However, high cost associated with advance general surgery devices can pose a significant challenge and impede the market growth in the coming years. High costs can limit access to advanced surgical devices for certain healthcare facilities, especially in lower-income regions or healthcare systems. For instance, the cost of surgical power tool device can range between USD 2,000 to USD 6,500 and can vary according to the technology and application.
Buying robotic surgery equipment is like dropping a ton of money – think 1.5 to 2.5 million dollars. This can be a real headache for hospitals and clinics with tight budgets. It means they may not be able to get the fancy equipment they need, leading to different levels of healthcare quality. It's like not everyone gets the same treatment, which isn't fair. Healthcare places and providers often have to watch their money closely. They might not be able to afford to buy the latest and greatest surgical gadgets. The big upfront cost of buying these fancy tools can scare them away from making the investment. It's not just about the purchase price either. They also have to pay to set it up, keep it running, and upgrade it regularly. All this can put a big strain on their finances. And when money's tight, it's hard to do more things, buy new stuff, or even charge less for services.
COVID-19 Impact
When the COVID-19 pandemic hit, it was a huge blow to the businesses that make medical devices for surgeries. The virus spread quickly, making people sick and overwhelming hospitals. This meant fewer people were going to hospitals for surgeries like knee replacements, heart surgeries, eye surgeries, and brain surgeries. On top of that, the pandemic messed with the supply chains that deliver the equipment used in these surgeries. Factories had to close or slow down, making it hard to get the equipment that doctors needed.
During the pandemic, many healthcare systems faced significant strain due to the influx of COVID-19 patients. Factory closures, transportation restrictions, and shortages of raw materials impacted the availability of devices, leading to delays in fulfilling orders and potential price increases due to scarcity. With fewer surgeries being performed, there was less demand for general surgery devices, impacting market growth. To reduce the risk of virus transmission, there was an increased adoption of telemedicine and non-invasive treatment alternatives, that reduced the demand for certain surgical devices.
General Surgery Devices Market Trends
We're seeing more and more people living with long-term health problems like heart disease, diabetes, cancer, and breathing troubles. These illnesses don't go away easily and often need constant medical care, including surgery. For example, heart disease killed nearly 18 million people worldwide in 2021. As these health issues become more common, we need more surgeries to diagnose, treat, and manage them. Thanks to new technology and better surgical techniques, we're getting better at taking care of people with long-term illnesses.
Minimally invasive surgical procedures, robotic-assisted surgeries, and image-guided interventions have enhanced patient outcomes and reduced post-operative complications, driving the demand for general surgery devices globally. The aging population is more susceptible to chronic diseases leading to a higher demand for surgical interventions. Advancements in healthcare infrastructure in various regions have increased access to surgical interventions, making it possible for a larger population to seek treatment for chronic diseases. Manufacturers are engaged in developing and introducing innovative surgical devices to improve patient outcomes.
General Surgery Devices Market Analysis
In the world of surgery, there are various types of tools used to help surgeons do their jobs. These tools can be divided into different categories depending on what they're used for. One category is disposable surgical supplies. These are items that are used once and then thrown away, like surgical gloves and gowns. They're designed to reduce the risk of infection by ensuring that every patient gets fresh, clean instruments. Hospitals and clinics have been paying more attention to infection control lately, so demand for these supplies has gone up in recent years. In 2022, these disposable supplies made up the biggest chunk of the surgery tools market, with over 32% of the business. That means they're the most popular type of surgical tools out there.
Imagine being a doctor during surgery. Time is precious, and you need tools that are ready to go. Disposable medical supplies save you the hassle of sterilizing, giving you more time to focus on your patient. And because they're tossed after a single use, there's less chance of infections spreading between patients. Plus, as surgeries become less invasive—like keyhole procedures—there's a need for specially designed disposable supplies. And thanks to science and technology, these tools are getting even better, safer, and more effective. So, these disposable supplies are becoming more popular because they're convenient, reduce risks, and keep up with the latest medical advancements.
Based on application, the general surgery devices market is segmented as orthopedic, cardiology, ophthalmology, wound care, neurosurgery, plastic surgery, urology and gynaecology surgery and others. The orthopedic segment accounted for around USD 3.6 billion in 2022. Orthopedic ailments refer to a range of musculoskeletal conditions affecting the bones, joints, ligaments, muscles, and tendons. As the population ages and lifestyles change, the prevalence of orthopedic conditions has been on the rise, leading to a higher demand for surgical interventions.
Increasing prevalence of orthopedic conditions, such as osteoarthritis, fractures, and degenerative joint diseases among ageing population has witnessed a significant rise in the recent years. For instance, according to the World Health Organization data, in 2020, over 528 million people worldwide were living with osteoarthritis accounting around 73% people aged 55 years and above. This rising prevalent population often necessitates the demand for minimally invasive surgical procedures incorporating general surgery devices for the diagnosis and treatment of orthopedic diseases.
Moreover, the prevalence of obesity is growing worldwide, and it is associated with an increased risk of orthopedic conditions, particularly osteoarthritis and joint pain. The growing popularity of minimally invasive orthopedic surgeries, such as arthroscopy, has increased the demand for general surgical instruments designed for these procedures. Increased awareness about orthopedic conditions and improved diagnostic techniques have led to earlier detection and treatment of musculoskeletal ailments, driving the demand for surgical interventions.
Based on end-use, the general surgery devices market is segmented as hospitals, ambulatory surgical centers, specialty clinics and others. The hospitals segment exceeded USD 9 billion in 2022. The increasing demand for general surgery devices in hospitals can be attributed to various factors, including advancements in medical technology, changes in surgical practices, rising patient expectations, and the need for improved patient outcomes. The rising population drives the demand for hospitals to cater to the healthcare needs of a larger number of people, consequently increasing the demand for general surgery devices used in hospital settings.
Hospitals continuously invest in advanced medical technologies to provide cutting-edge medical services to their patients. The adoption of innovative general surgery devices enhances surgical outcomes and patient care, driving the demand for these devices. Governments are investing in expanding healthcare infrastructure and promoting the development of hospitals to improve healthcare accessibility. The increasing prevalence of chronic diseases requires more extensive medical interventions and surgical procedures. Hospitals treating a higher number of patients with chronic ailments have a greater demand for general surgery devices.
In 2022, the market for general surgery devices in North America reached a whopping $7.2 billion. This impressive figure is largely due to a number of key factorsBig companies in the industry are flocking to North America. More and more people are dealing with long-term illnesses. As we live longer, we need more medical help. North America has a rock-solid healthcare system, loves new technology, and has a lot of people with long-term illnesses. This all leads to a higher demand for tools used in general surgery. Chronic diseases like diabetes, obesity, and heart problems are common in the region. For example, the CDC found that in 2022, about 130 million people in the U.S. had diabetes, and this number is expected to keep going up. These diseases often require surgery, which in turn drives up the demand for general surgery devices.
North America is at the forefront of medical technology and innovation. The continuous advancements in surgical techniques and medical devices lead to a higher adoption rate of advanced general surgery devices in the region. Minimally invasive surgical procedures are widely practiced in North America due to their benefits of shorter recovery times, reduced post-operative complications, and smaller incisions. The increasing popularity of these procedures drives the demand for general surgical devices.
General Surgery Devices Market Share
Some of the major players operating in the general surgery devices market are
- 3M
- B. Braun Melsungen Ag
- Becton
- Dickinson and Company
- Boston Scientific Corporation
- Cadence Inc
- Conmed Corporation
- Erbe Elektromedizin Gmbh
- Integer Holdings Corporation
- Integra LifeSciences
- Johnson & Johnson Service, Inc.
- Medtronic Plc
- Olympus Corporation
- Smith & Nephew
- Stryker Corporation
- CooperSurgical, Inc.
- Teleflex Incorporated
These leading market players are implementing advanced technologies to cater to the large unmet needs of the consumers. These players focus on strategic partnerships, new product launch & commercialization for market expansion.
General Surgery Devices Market Leaders
- In October 2022, Medtronic plc announced that they had received the regulatory approval from Europe, Canada, and Japan to market and commercialize their Hugo robotic-assisted surgery system in these regions. This system is intended for minimally invasive robotic-assisted surgical procedures. This strategic approval helped the company to enhance their customer base by entering into major geographic locations and increase the market presence.
- In September 2022, Olympus Corporation announced the launch of THUNDERBEAT Open Fine Jaw Type X, a surgical energy device for open surgery. This device delivers ultrasonic and bipolar energy simultaneously for tissue management, including hemostatic cutting and dissection, in laparoscopic surgery and open surgery. This innovative launch helped the company to enhance their product portfolio and increase their business revenue.
General surgery devices market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) and volume (Units) from 2018 to 2032, for the following segments
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By Product Type, 2018 - 2032 (USD Million & Units)
- Disposable Surgical Supplies
- Surgical Non-woven
- Examination & Surgical Gloves
- General Surgery Procedural Kits
- Needles and Syringes
- Venous Access Catheters
- Open Surgery Instruments
- Retractor
- Dilator
- Catheters
- Energy-based & Powered Instruments
- Minimally Invasive Surgery Instruments
- Adhesion Prevention Products
- Medical Robotics & Computer Assisted Surgery Devices
By Application, 2018 - 2032 (USD Million)
- Orthopedic
- Cardiology
- Ophthalmology
- Wound Care
- Neurosurgery
- Plastic Surgery
- Urology and Gynaecology Surgery
- Others
By End-use, 2018 - 2032 (USD Million)
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
- Others
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Poland
- Sweden
- The Netherlands
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Thailand
- Philippines
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Chile
- Peru
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Israel
- Egypt
- Turkey
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