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Global General Surgical Devices Market: By Product: Handheld Devices, Laproscopic Devices, Electro Surgical Devices, Wound Closure Devices, Trocars and Access Devices, Other Products; By Application; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global General Surgical Devices Market Outlook

The global general surgical devices market stood at USD 14.5 billion in 2020. A CAGR of 8.7% is anticipated in the forecast period of 2021-2026. The rising number of surgical procedures, along with technological advancements in the sector, is expected to drive the general surgical devices market.

 

Global General Surgical Devices Market

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Properties and Applications

Surgical instruments are referred to as the tools or devices that execute tasks such as cutting, dissecting, grasping, holding, retracting, or suturing. The majority of surgical tools are made of stainless steel. Other metals like titanium, chromium, vanadium, and molybdenum are also used for the aforementioned purposes.

 

Global General Surgical Devices Market By Application

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The general surgical devices market can be segmented into products and applications.

The industry can be divided based on products as:

  • Handheld Devices
  • Laparoscopic Devices
  • Electro Surgical Devices
  • Wound Closure Devices
  • Trocars and Access Devices
  • Others

The industry can be broadly categorised based on its applications into:

  • Gynaecology and Urology
  • Cardiology
  • Orthopaedic
  • Neurology
  • Others

The EMR report looks into the regional markets of general surgical devices like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

Global General Surgical Devices Market By Region

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Market Analysis

The global general surgical devices market is driven by the increasing patient consciousness and elevated incidences of cardiac-related illnesses, gastrointestinal diseases, and osteoporosis prevalence. The increasing preference for minimally invasive and computer-assisted robotic surgery is also expected to increase the market growth. The developing nations are likely to drive the market through technological growth and the implementation of sophisticated surgery. The increasing knowledge of illnesses transmitted by surgical instruments in conjunction with government regulations ensuring safety in surgical procedures is projected to accelerate the demand further.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global general surgical devices market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • B. Braun Melsungen AG         
  • Boston Scientific Corporation (NYSE: BSX)   
  • Cadence Inc.   
  • Integer Holdings Corporation  
  • Johnson & Johnson  
  • Medtronic  
  • Olympus Corporation  
  • Stryker Corporation  
  • Others 

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of the Porter's Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Application, Region
Breakup by Product Handheld Devices, Laproscopic Devices, Electro Surgical Devices, Wound Closure Devices, Trocars and Access Devices, Other Products
Breakup by Application Gynaecology and Urology, Cardiology, Orthopaedic, Neurology, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered B. Braun Melsungen AG, Boston Scientific Corporation (NYSE: BSX),
Cadence Inc., Integer Holdings Corporation (NYSE: ITGR), Johnson & Johnson
(NYSE: JNJ), Medtronic (NYSE: MDT), Olympus Corporation (TYO: 7733), Stryker Corporation (NYSE: SYK), Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Key Industry Trends
    3.3    Market Scope and Segmentation
    3.4    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Cost Structure
    4.5    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global General Surgical Devices Market Analysis
    6.1    Global General Surgical Devices Historical Market (2016-2020) & Forecast (2021-2026)
    6.2    Global General Surgical Devices Market Breakup by Product
        6.2.1    Handheld Devices
        6.2.2    Laproscopic Devices
        6.2.3    Electro Surgical Devices
        6.2.4    Wound Closure Devices
        6.2.5    Trocars and Access Devices
        6.2.6    Other Products
    6.3    Global General Surgical Devices Market Breakup by Product: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Handheld Devices
        6.3.2    Laproscopic Devices
        6.3.3    Electro Surgical Devices
        6.3.4    Wound Closure Devices
        6.3.5    Trocars and Access Devices
        6.3.6    Others
    6.4    Global General Surgical Devices Market Breakup by Application
        6.4.1    Gynaecology and Urology
        6.4.2    Cardiology
        6.4.3    Orthopaedic
        6.4.4    Neurology
        6.4.5    Others
    6.5    Global General Surgical Devices Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    Gynaecology and Urology
        6.5.2    Cardiology
        6.5.3    Orthopaedic
        6.5.4    Neurology
        6.5.5    Other Applications
    6.6    Global General Surgical Devices Market Breakup by Region
        6.6.1    North America
            6.6.1.1    United States of America
            6.6.1.2    Canada
        6.6.2    Europe
            6.6.2.1    Germany
            6.6.2.2    United Kingdom
            6.6.2.3    France
            6.6.2.4    Italy
            6.6.2.5    Others
        6.6.3    Asia Pacific
            6.6.3.1    China
            6.6.3.2    Japan
            6.6.3.3    India
            6.6.3.4    ASEAN
            6.6.3.5    Others
        6.6.4    Latin America
            6.6.4.1    Brazil
            6.6.4.2    Argentina
            6.6.4.3    Mexico
            6.6.4.4    Others
        6.6.5    Middle East & Africa
            6.6.5.1    Saudi Arabia
            6.6.5.2    United Arab Emirates
            6.6.5.3    Nigeria
            6.6.5.4    South Africa
            6.6.5.5    Others
    6.7     Global General Surgical Devices Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        6.7.1    North America
            6.7.1.1    United States of America
            6.7.1.2    Canada
        6.7.2    Europe
            6.7.2.1    Germany
            6.7.2.2    United Kingdom
            6.7.2.3    France
            6.7.2.4    Italy
            6.7.2.5    Others
        6.7.3    Asia Pacific
            6.7.3.1    China
            6.7.3.2    Japan
            6.7.3.3    India
            6.7.3.4    ASEAN
            6.7.3.5    Others
        6.7.4    Latin America
            6.7.4.1    Brazil
            6.7.4.2    Argentina
            6.7.4.3    Mexico
            6.7.4.4    Others
        6.7.5    Middle East & Africa
            6.7.5.1    Saudi Arabia
            6.7.5.2    United Arab Emirates
            6.7.5.3    Nigeria
            6.7.5.4    South Africa
            6.7.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes 
9    Key Players & Company Profiles
    9.1    B. Braun Melsungen AG 
        9.1.1    Company Overview
        9.1.2    Financial Analysis
    9.2    Boston Scientific Corporation (NYSE: BSX) 
        9.2.1    Company Overview
        9.2.2    Financial Analysis
    9.3    Cadence Inc. 
        9.3.1    Company Overview
        9.3.2    Financial Analysis
    9.4    Integer Holdings Corporation (NYSE: ITGR) 
        9.4.1    Company Overview
        9.4.2    Financial Analysis
    9.5    Johnson & Johnson (NYSE: JNJ) 
        9.5.1    Company Overview
        9.5.2    Financial Analysis
    9.6    Medtronic (NYSE: MDT) 
        9.6.1    Company Overview
        9.6.2    Financial Analysis
    9.7    Olympus Corporation (TYO: 7733) 
        9.7.1    Company Overview
        9.7.2    Financial Analysis
    9.8    Stryker Corporation (NYSE: SYK) 
        9.8.1    Company Overview
        9.8.2    Financial Analysis
    9.9    Others
10    Industry Events and Developments

Key Questions Answered in the Report

In 2020, the global general surgical devices market attained a value of nearly USD 14.5 billion.

The market is projected to grow at a CAGR of 8.7% between 2021 and 2026.

The major drivers of the industry, such as the increase in the demand for surgical procedures, growing prevalence of cardiovascular and gastrointestinal diseases, growing adoption of sophisticated surgical equipment owing to the increased government expenditure, and the rising technological advancements, are expected to aid the market growth.

The key market trends guiding the growth of the industry include the increasing demand for minimally invasive surgical procedures and the growing inclination towards computer-assisted robotic surgery.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Handheld, laparoscopic, electro surgical, wound closure, and trocars and access devices, among other products, are the leading products of general surgical devices in the industry.

The significant applications of the product include gynaecology and urology, cardiology, orthopaedic, and neurology, among other applications.

The major players in the industry are B. Braun Melsungen AG, Boston Scientific Corporation, Cadence Inc., Integer Holdings Corporation, Johnson & Johnson, Medtronic, Olympus Corporation, and Stryker Corporation, among others.

Analyst Review

The global general surgical devices market attained a value of USD 14.5 billion in 2020, driven by the rapid technological advancements and increased government investment to develop the healthcare sector. Aided by the growing demand for computer-assisted robotic surgery, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 8.7%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product, the industry can be segmented into handheld devices, laparoscopic devices, electro surgical devices, wound closure devices, and trocars and access devices, among others. On the basis of application, the industry is categorised into gynaecology and urology, cardiology, orthopaedic, and neurology, among others. The major regional markets for general surgical devices are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include B. Braun Melsungen AG, Boston Scientific Corporation, Cadence Inc., Integer Holdings Corporation, Johnson & Johnson, Medtronic, Olympus Corporation, and Stryker Corporation, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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