Global General Surgery Devices Market Size By Product Type (Surgical sutures and staples, Hand tools), By Application (Cardiovascular surgery, Orthopedic surgery), By Geographic Scope And Forecast

General Surgery Devices Market Size And Forecast

General Surgery Devices Market size was valued at USD 138.9 Billion in 2022 and is projected to reach USD 215.8 Billion by 2030, growing at a CAGR of 5.8% from 2023 to 2030.

We're expecting the market to really take off, and there are a few reasons whymore and more people are dealing with chronic diseases, everyone seems to want minimally invasive surgery these days, and the surgical tools just keep getting better! Looks like North America is set to lead the way, thanks to their well-established healthcare and pretty good insurance coverage. But don't count out the Asia-Pacific region – they're predicted to grow the fastest, even with rising healthcare costs and those darn chronic illnesses. You'll see names like Medtronic, J&J, Stryker, Conmed, and B. Braun Melsungen AG all battling it out. Basically, with the demand going up and cooler tools hitting the market, the General Surgery Devices Market should be reaching for the stars in the years to come.

Global General Surgery Devices Market Definition

The term “General Surgery Devices Market” is used to describe a subset of the medical devices market that focuses on tools and supplies used in a wide range of general surgical procedures. Diseases and ailments as varied as those of the digestive system, the hernia, and the thyroid gland are the focus of general surgery, a subspecialty of surgery. Instruments used in general surgery include but are not limited to, scalpels, forceps, scissors, retractors, surgical staplers, and sutures.

Open surgery, laparoscopic surgery, and robotic surgery are only a few of the treatments that may be carried out with the use of these instruments. Precision, dependability, and safety are the hallmarks of the equipment used in general surgery, guaranteeing a successful outcome with little danger to the patient. The increased incidence of chronic illnesses, the need for less invasive surgical treatments, and technical improvements in surgical equipment all contribute to the growth of the General Surgery Equipment Market.

As the world’s population ages and grows, more individuals will need surgical procedures to address a wide range of health issues, driving up the need for general surgery equipment. Key companies in the market include Medtronic, J&J, Stryker, Conmed, and B. Braun Melsungen AG, among many others. These businesses invest heavily in R&D to stay at the forefront of their industries and supply healthcare practitioners with cutting-edge tools. As the need for surgical procedures rises and new technologies are introduced, the General Surgery Devices Market is predicted to expand more in the years ahead.

Global General Surgery Devices Market Overview

The global market for general surgical devices is projected to expand significantly over the period between 2021 and 20230, according to Market Research. Several factors, including technological advancements in surgical equipment and an increase in surgical procedures, have contributed to this development. However, the high cost of surgical procedures and the lack of qualified professionals are anticipated to hinder the market’s expansion. However, the growing adoption of robotic-assisted surgery is anticipated to create growth opportunities for the market. The continuous technological advancement of surgical devices is one of the key factors driving the global market for surgical devices.

Thanks to advancements in technology, surgeries are now more accurate, less invasive, and safer! Think about laparoscopic surgery – it's really helped cut down on complications, speed up recovery, and get better results for patients. And get this, robotic-assisted surgery is changing the game, allowing surgeons to make super precise movements. That's pretty cool! But what's also driving the demand for surgical equipment worldwide is simply the number of surgeries being performed. Why is that? Well, we're seeing more and more chronic diseases like cancer, heart problems, and obesity, which unfortunately often lead to needing surgery.

Okay, so the market's getting bigger, partly because people are living longer and healthcare is improving. But here's the thingreally pricey surgeries? They're holding things back. Think about it – lots of folks, especially in developing countries, just can't afford those operations. Plus, some areas are facing a shortage of qualified surgeons, making it even tougher to get the care you need. But hey, it's not all bad news! Robotic-assisted surgery is becoming more popular, and that could really boost the market. Why? Because it lets doctors do tricky stuff with more precision, which means fewer problems and faster healing. That's a win-win!

In addition, the use of robotics in surgery has enabled remote operations, providing access to surgical procedures in underserved or remote areas. In conclusion, the global market for general surgical devices is anticipated to expand significantly over the forecast period, propelled by technological advances in surgical devices and an increase in the number of surgical procedures performed worldwide. However, the high cost of surgical procedures and the lack of qualified professionals are anticipated to hinder the market’s expansion. However, the increasing adoption of robotic-assisted surgery is anticipated to create opportunities for market expansion, particularly in underserved or remote regions.

Global General Surgery Devices Market Segmentation Analysis

The Global General Surgery Devices Market is segmented into Product Type, Application, and Geography.

General Surgery Devices Market, By Product Type

• Surgical sutures and staples
• Hand tools
• Electrosurgical devices
• Trocars and access devices
• Minimally invasive surgical instruments
• Others

Based on Product Type, the market is segmented into Surgical sutures and staples, Hand tools, Electrosurgical devices, Trocars and access devices, Minimally invasive surgical instruments, and Others. The handheld segment is expected to hold the largest market share due to its widespread use and growing demand in developing countries.

General Surgery Devices Market, By Application

• Cardiovascular surgery
• Orthopedic surgery
• Neurosurgery
• Plastic and reconstructive surgery
• Ophthalmology
• Others

Based on Application, the market is segmented into Cardiovascular surgery, Orthopedic surgery, Neurosurgery, Plastic and reconstructive surgery, Ophthalmology, and Others. Orthopedic surgery segment is expected to hold the largest market share due to the rising incidence of orthopedic disorders, the increasing number of senior citizens, and increasing awareness of orthopedic surgeries.

General Surgery Devices Market, By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

On the basis of Geography, the Global General Surgery Devices Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The Asia Pacific region is expected to account for the largest market share due to the increasing prevalence of chronic diseases, the growing elderly population, and increasing healthcare expenditure in the region. In conclusion, segmentation of the General Surgical Devices market is essential to understand the market dynamics and the factors driving its growth. Product type, application and geographic location are critical factors to help understand market trends and make informed decisions.

Key Players

The “Global General Surgery Devices Market” study report will provide valuable insight with an emphasis on the global market including some of the major players of the industry are B. Braun Melsungen AG, Johnson & Johnson, Medtronic, Stryker Corporation, and Conmed Corporation.

Our market analysis offers detailed information on major players wherein our analysts provide insight into the financial statements of all the major players, product portfolio, product benchmarking, and SWOT analysis. The competitive landscape section also includes market share analysis, key development strategies, recent developments, and market ranking analysis of the above-mentioned players globally.

Key Developments

• 2020 – A new LigaSureTM tiny jaw device from Medtronic was introduced in 2020 for use in minimally invasive surgical procedures.
• 2019 – Auris Health, a maker of robotic technology for minimally invasive surgeries, was purchased by Johnson & Johnson in 2019.
• 2018 – A medical device business called Invuity, which specialises in creating cutting-edge surgical lighting solutions, was purchased by Stryker Corporation in 2018.
• 2017 – The Aesculap Aeos Robotic System, which offers accurate and effective bone preparation for joint replacement procedures, was introduced by B. Braun Melsungen AG in 2017.
• 2016 – SurgiQuest, a producer of cutting-edge surgical access solutions for minimally invasive procedures, was purchased by Conmed Corporation in 2016.

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