Report Overview

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

Global General Surgical Devices Market Outlook

The global general surgical devices market value in 2023 was USD 16.72 billion, driven by the increasing prevalence of chronic diseases across the globe. The market size is anticipated to grow at a CAGR of 8.6% during the forecast period of 2024-2032 to achieve a value of USD 35.14 billion by 2032.

Global General Surgical Devices Market

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Market Segmentation

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

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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.

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.

Global General Surgical Devices Market

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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.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Product Type
  • Applications
  • End User
  • Region
Breakup by Type
  • Disposable Surgical Supplies
  • Open Surgery Instrument
  • Energy-based & Powered Instrument
  • Minimally Invasive Surgery Instruments
  • Medical Robotics & Computer Assisted Surgery Devices
  • Adhesion Prevention Products
Breakup by Product Type
  • Handheld Devices
  • Laparoscopic Devices
  • Electro Surgical Devices
  • Wound Closure Devices
  • Trocars & Access Devices
  • Others
Breakup by Applications
  • Orthopedic Surgery
  • Cardiology
  • Ophthalmology
  • Wound Care
  • Audiology
  • Thoracic Surgery
  • Urology & Gynecology Surgery
  • Plastic Surgery
  • Neurosurgery
  • Others
Breakup by End User
  • Hospitals
  • Ambulatory Surgical Centers
  • Specialty Centers
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Merck & Co., Inc.
  • Lilly
  • 3M
  • Bayer AG
  • Medtronic
  • Boston Scientific Corporation
  • B. Braun SE
  • Cardinal Health, Inc.
  • Organogenesis Inc.
  • CONMED Corporation
  • Erbe Elektromedizin GmbH
  • Integra LifeSciences
  • BD
  • Straub Medical AG
  • Varian Medical Systems, Inc.
  • Elekta
  • Isoray Inc.
  • Mevion Medical Systems.
  • Olympus Corporation
  • Brainlab AG
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the global market of surgical devices attained a value of USD 16.72 billion.

The market is anticipated to grow at a CAGR of 8.6% during the forecast period of 2024-2032 to reach a value of USD 35.14 billion by 2032.

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.

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