The ‘Global General Surgery Equipment Market’ was valued at $34.2 Billion in 2020, growing at a high CAGR of 4.4% between 2021 and 2031. It is estimated to reach $56.3 Billion by 2031.
General Surgery Equipment Market are generally used in hospitals and clinics for performing various operations such as neurology, wound care, plastic surgery and more. Surgical instruments are basically divided into five categories by function which includes cutting instruments, holding or grasping instruments, haemostatic instruments, retractors and tissue unifying instruments. Cutting instruments which include scissors, scalpels and saws. Holding or grasping instruments includes smooth and toothed forceps, vascular clamps, towel clamps, and organ holders. Haemostatic instruments include haemostatic and a traumatic forceps, Billroth’s and Kocher’s clamps, Deschamp’s needle and few others. Retractors include blunt-toothed hook, tamp forceps, grooved probe, sharp-toothed hook and Farabef’s C-shaped laminar hook. Tissue unifying instruments include surgical needles, needle holders, staplers, adhesive tapes and clips. High demand of general surgery equipment’s for application in various hospital operations such as wound closure, thoracic surgery, cardiovascular, urology, orthopedic, microvascular, obstetrics & gynecology and others, makes the market more demanding. Surgical instruments are medical devices and are generally used to perform actions such as cut, fulgurate, and desiccate the body tissues during surgical procedures. Continuous advancement in technology and rising number of aging population worldwide, results in fueling the growth of the general surgical equipment market. Moreover, increasing number of hospitals and clinics across the globe, propels the market growth during the projection period of 2021-2031.
Rise in population, increases the number of surgeries related to ear, heart, bone and brain disorders. Furthermore, rising awareness and high disposable income of patients makes reconstructive or plastic surgeries affordable for them, which further boost the growth of general surgical equipment’s market during the forecast period. Moreover, the recent technological advancement and high investment made by leading key vendors, have introduced computer assisted and robotic devices in the market. High demand of this technology in developing countries around the world, is expected to augment the market growth of surgery equipment’s for the next eight years.
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Major applications of general surgery equipment’s mentioned in the report include cardiology, orthopedic surgery, wound care, minimal invasive surgery, neurosurgery, plastic surgery and others. Moreover, on the basis of product, the market has been segmented as open surgery equipment’s, handheld surgical devices, surgical sutures & staplers, minimally invasive surgery instruments, energy based & powered instruments, and computer assisted surgical devices & medical robotics and disposable surgery supplies. The global general surgery equipment’s market has been segmented geographically into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America.
Among the various products of general surgery equipment’s, disposable surgery supplies segment is expected to forecast the highest growth. Huge demand of disposable supplies such as syringes, needles and catheters, makes the segment more demanding in recent years. Moreover, stringent government regulations regarding safety matters is likely to propel the market demand for disposable surgery supplies. Additionally, presence of numerous surgical product manufacturers around the world and their huge investment in the research &development, creates a high market growth opportunity for general surgery equipment’s over the forecasted years.
Some of the major players in the global general surgery equipment’s market include Boston Scientific Corporation, Integra Life Sciences, 3M Healthcare, Care Fusion Corporation and few others.
Scope of the Report:
Report Coverage |
Details |
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Base Year: |
2020 |
Market Size in 2020: |
US$ 34.2 Billion |
Historical Data for: |
2018 to 2020 |
Forecast Period: |
2021 to 2031 |
Forecast Period 2021 to 2031 CAGR: |
4.4% |
2031 Value Projection: |
US$ 56.3 Billion |
Segments covered: |
By Product- Open Surgery Equipment's, Handheld Surgical Devices, Surgical Sutures & Staplers, Minimally Invasive Surgery Instruments, Energy Based & Powered Instruments, Computer Assisted Surgical Devices & Medical Robotics and Disposable Surgery Supplies. By Application- Cardiology, Orthopedic Surgery, Wound Care, Minimal Invasive Surgery, Neurosurgery, Plastic Surgery |
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Geographies covered: |
North America: U.S., Canada, Mexico Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Africa: South Africa, North Africa, and Africa Middle East: GCC, Israel, and Rest of Middle East Latin America: Brazil, Argentina, Rest of Latin America |
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Companies covered: |
Boston Scientific Corporation, Integra Life Sciences, 3M Healthcare, Care Fusion Corporation and few others. |
The Global General Surgery Equipment Market Has Been Segmented into:
Global General Surgery Equipment Market: By Product
Global General Surgery Equipment Market: By Applications
Global General Surgery Equipment Market: By Geography
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