Report Description

General Surgery Devices Market is expected to see robust growth in the forecast period on the account of increasing cases of cardiac, gastrointestinal diseases and osteoporosis. According to an article, "Trauma of Major Surgery" published in the National Center for Biotechnology Information (NCBI) in July 2020 estimates that approximately 310 million major surgeries are performed annually throughout the world. Rapidly advancing healthcare facility in various countries, mostly the developing countries like India, China is also supporting the growth of market.

Moreover, the demand of technologically advanced medical devices is increasing exponentially and along with the increased burden of the diseases that require non-invasive surgeries and to compete against the difficult and no-treatment diseases, the demand for the general surgery devices is increasing, thereby supporting the growth of the global general surgery devices market in the coming years.

The availability of reimbursement for surgical procedures is another factor that is driving the growth of the global general surgery devices market. Many countries have healthcare policies that cover the cost of surgical procedures, making them more accessible to patients. This has led to an increased demand for general surgery devices, which are essential for these procedures.

Furthermore, the rise in geriatric population is also influencing the growth of Global General Surgical Devices Market. As geriatric population is more likely to get infected due to the presence of co-morbidities in their body and opt for surgical procedures. In 2019, 703 million people were aged 65 years or above worldwide. The number of older people is projected to double to 1.5 billion in 2050, according to World Population Prospects 2019.

The market is growing, due to the rise in minimally invasive surgical procedures and an increase in outpatient surgeries. The increasing demand for outpatient surgeries is driving the growth of the global general surgery devices market. Outpatient surgeries are less expensive, require less recovery time, and have fewer risks than inpatient surgeries. As a result, more and more surgeries are being performed on an outpatient basis, leading to an increased demand for general surgery devices that are specifically designed for these procedures. The increase in incidences of road accidents is further expected to increase the demand for general surgical devices. Road traffic accidents claim the lives of almost 1.3 million individuals every year. Between 20 and 50 million more people experience non-fatal injuries, with many of them becoming disabled as a result.

The global general surgery devices market will face several challenges that are impeding its growth. These challenges include the high cost of devices, the lack of skilled healthcare professionals, stringent regulatory policies, lack of standardization, and increasing pressure for value-based healthcare. The high cost of general surgery devices is one of the factors that is hindering the growth of the market. Many of these devices are expensive, and this makes them unaffordable for many patients, especially in developing countries. Additionally, the stringent regulatory policies governing the approval of medical devices also make it difficult for manufacturers to introduce new devices into the market. The stringent regulatory policies governing the approval of medical devices are also impeding the growth of the global general surgery devices market. The process of obtaining regulatory approval for medical devices can be time-consuming and expensive, which makes it difficult for manufacturers to introduce new devices into the market. This slows down the market's growth and innovation, as manufacturers are hesitant to invest in the development of new devices.

Rise in Minimally Invasive Surgeries

The concept of minimally invasive surgery (MIS), which was first introduced in the 1980s, gained popularity in the 1990s, and is now the new normal for many procedures. Shorter hospital stays, less discomfort, and fewer complications are all benefits of minimally invasive surgery. Laparoscopy is an example of a minimally invasive procedure; it involves making one or more small incisions and utilizing small cameras, surgical instruments, and small tubes to perform the procedure. The first minimally invasive procedure was laparoscopy. Every year, around 13 million laparoscopic procedures are carried out worldwide.

The rise in minimally invasive surgeries has had a significant impact on the global general surgery devices market. These surgeries require specialized instruments and devices that are designed specifically for use in these procedures. The market for these devices has grown rapidly in recent years as the demand for minimally invasive surgeries has increased. Advancements in technology have also contributed to the growth of the global general surgery devices market. New technologies such as robotics and advanced imaging systems have made minimally invasive surgeries more accessible and safer for patients. These technologies require specialized devices and instruments, which has led to a higher demand for general surgery devices that are specifically designed for these procedures.

In addition to the benefits for patients, minimally invasive surgeries also have significant cost savings for healthcare systems. These procedures require less time in the operating room, less anesthesia, and less post-operative care, resulting in lower costs. This has led to increased adoption of minimally invasive surgeries, which in turn has led to increased demand for general surgery devices.

Robotic surgery is another kind of minimally invasive procedure. It gives the physician an enlarged, three-dimensional image of the surgical site and enables more precise, adaptable, and controlled operation. Minimally invasive surgery continues to advance, making it advantageous for patients with a variety of illnesses. The need for general surgical equipment for minimally invasive surgeries is fostering the expansion of the global market for surgical equipment.

High Incidences of Cardiac Diseases, Gastrointestinal Diseases and Osteoporosis

Increased cases of osteoporosis, gastrointestinal disorders, and cardiac diseases lead to more surgeries being performed. Cardiac diseases such as heart disease and hypertension are leading causes of death globally. The incidence of cardiac diseases is on the rise, largely due to factors such as a sedentary lifestyle, unhealthy eating habits, and a rise in the aging population. These conditions often require surgical interventions, such as bypass surgeries and valve replacements. The demand for general surgery devices such as stents, catheters, and pacemakers has grown rapidly in recent years, as these devices are essential for the management of cardiac diseases.

Gastrointestinal diseases are another leading cause of morbidity and mortality globally. Conditions such as inflammatory bowel disease, colorectal cancer, and gallstones require surgical interventions. The demand for general surgery devices such as endoscopes, laparoscopes, and surgical staplers has increased significantly in recent years, as these devices are essential for the diagnosis and treatment of gastrointestinal diseases. Osteoporosis is a condition that causes bones to become weak and brittle, leading to an increased risk of fractures. The incidence of osteoporosis is on the rise globally, largely due to factors such as a sedentary lifestyle and a rise in the aging population. Surgical interventions such as joint replacements and bone grafts are often required for the management of osteoporosis. The demand for general surgery devices such as bone saws, drills, and screws has grown rapidly in recent years, as these devices are essential for the management of osteoporosis.

Over 500,000 open heart operations are performed by doctors each year. Over 60,000 open heart procedures are performed annually in India alone, according to a report published in BMJ Journals. In the world, 1 in 3 women over 50 and 1 in 5 men will sustain an osteoporotic fracture over their lifetime, according to latest data from the International Osteoporosis Foundation. More than 200 million people are thought to be affected with osteoporosis worldwide currently. During the forecast period of 2024–2028, an increase in incidence of cardiac, gastrointestinal, and osteoporosis disorders is also contributing to the rise of global general surgical devices.


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Market Segmentation

Global general surgery devices market is segmented based on product type, method, application, end user, and region. Based on product type, the market is further categorized into handheld devices, laparoscopic devices, electrosurgical devices, medical robotics & computer-assisted surgical devices, and others. Based on method, the market is divided into Open Surgery and Minimally Invasive Surgery. Based on application, the market is sub-segmented into Gynecology and Urology, Cardiology, Orthopedic, Neurology, and Others. Based on end user, the market is fragmented into Hospital & Clinics, Ambulatory Surgical Centers, and Others.

Market Players

Braun Melsungen AG, Johnson & Johnson Service, Inc., Medtronic Plc, Becton, Dickinson And Company, Stryker Corporation, Boston Scientific Corporation, Conmed Corporation, Cadence Inc., Erbe Elektromedizin Gmbh, SIM Surgical, among others are some of the key players operating in the global general surgical devices market. Market players are actively involved in the research and technological development in the product manufacturing. The advanced technology has made it possible for the healthcare industry to provide excellent healthcare facility through general surgery devices. Further advancement would aid the market value and brand establishment in the future five years. New market players may focus on the research and development to provide devices that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Product Type

·         Method

·         Application

·         End User

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Australia; South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Kuwait

Key Companies Profiled

B. Braun Melsungen AG, Johnson & Johnson Service, Inc., Medtronic Plc, Becton, Dickinson And Company, Stryker Corporation, Boston Scientific Corporation, Conmed Corporation, Cadence Inc., Erbe Elektromedizin Gmbh, SIM Surgical.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global general surgery devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • General Surgery Devices Market, By Product Type:
    • Handheld Devices
    • Laparoscopic Devices
    • Electrosurgical Devices
    • Medical Robotics & Computer-Assisted Surgical Devices
    • Others
  • General Surgery Devices Market, By Methods:
    • Open Surgery
    • Minimally Invasive Surgery
  • General Surgery Devices Market, By Application:
    • Gynecology and Urology
    • Cardiology
    • Orthopedic
    • Neurology
    • Others
  • General Surgery Devices Market, By End User:
    • Hospital & Clinics
    • Ambulatory Surgical Centers
    • Others
  • General Surgery Devices Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Kuwait
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global general surgery devices market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

 Global General Surgery Devices Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global General Surgery Devices Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Product Type (Handheld Devices, Laparoscopic Devices, Electrosurgical Devices, Medical Robotics & Computer-Assisted Surgical Devices, Others)

5.2.2.     By Methods (Open Surgery v/s Minimally Invasive Surgery)

5.2.3.     By Application (Gynaecology and Urology, Cardiology, Orthopaedic, Neurology, Others)

5.2.4.     By End Users (Hospital & Clinics, Ambulatory Surgical Centres, Others)

5.2.5.     By Company (2022)

5.2.6.     By Region

5.3.  Market Map

5.3.1.     By Product Type

5.3.2.     By Methods

5.3.3.     By Application

5.3.4.     By End User

5.3.5.     By Region

6.    North America General Surgery Devices Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product Type

6.2.2.     By Methods

6.2.3.     By Application

6.2.4.     By End Users

6.2.5.     By Country

6.3.  North America: Country Analysis

6.3.1.     United States General Surgery Devices Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Product Type

6.3.1.2.2.             By Methods

6.3.1.2.3.             By Application

6.3.1.2.4.             By End Users

6.3.2.     Mexico General Surgery Devices Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Product Type

6.3.2.2.2.             By Methods

6.3.2.2.3.             By Application

6.3.2.2.4.             By End Users

6.3.3.     Canada General Surgery Devices Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Product Type

6.3.3.2.2.             By Methods

6.3.3.2.3.             By Application

6.3.3.2.4.             By End Users

7.    Europe General Surgery Devices Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Product Type

7.2.2.     By Methods

7.2.3.     By Application

7.2.4.     By End Users

7.2.5.     By Country

7.3.  Europe: Country Analysis

7.3.1.     France General Surgery Devices Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Product Type

7.3.1.2.2.             By Methods

7.3.1.2.3.             By Application

7.3.1.2.4.             By End Users

7.3.2.     Germany General Surgery Devices Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Product Type

7.3.2.2.2.             By Methods

7.3.2.2.3.             By Application

7.3.2.2.4.             By End Users

7.3.3.     United Kingdom General Surgery Devices Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Product Type

7.3.3.2.2.             By Methods

7.3.3.2.3.             By Application

7.3.3.2.4.             By End Users

7.3.4.     Italy General Surgery Devices Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Product Type

7.3.4.2.2.             By Methods

7.3.4.2.3.             By Application

7.3.4.2.4.             By End Users

7.3.5.     Spain General Surgery Devices Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Product Type

7.3.5.2.2.             By Methods

7.3.5.2.3.             By Application

7.3.5.2.4.             By End Users

8.    Asia-Pacific General Surgery Devices Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Product Type

8.2.2.     By Methods

8.2.3.     By Application

8.2.4.     By End Users

8.2.5.     By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.     China General Surgery Devices Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Product Type

8.3.1.2.2.             By Methods

8.3.1.2.3.             By Application

8.3.1.2.4.             By End Users

8.3.2.     India General Surgery Devices Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Product Type

8.3.2.2.2.             By Methods

8.3.2.2.3.             By Application

8.3.2.2.4.             By End Users

8.3.3.     Japan General Surgery Devices Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Product Type

8.3.3.2.2.             By Methods

8.3.3.2.3.             By Application

8.3.3.2.4.             By End Users

8.3.4.     South Korea General Surgery Devices Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Product Type

8.3.4.2.2.             By Methods

8.3.4.2.3.             By Application

8.3.4.2.4.             By End Users

8.3.5.     Australia General Surgery Devices Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Product Type

8.3.5.2.2.             By Methods

8.3.5.2.3.             By Application

8.3.5.2.4.             By End Users  

9.    South America General Surgery Devices Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Product Type

9.2.2.     By Methods

9.2.3.     By Application

9.2.4.     By End Users

9.2.5.     By Country

9.3.  South America: Country Analysis

9.3.1.     Brazil General Surgery Devices Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Product Type

9.3.1.2.2.             By Methods

9.3.1.2.3.             By Application

9.3.1.2.4.             By End Users

9.3.2.     Argentina General Surgery Devices Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Product Type

9.3.2.2.2.             By Methods

9.3.2.2.3.             By Application

9.3.2.2.4.             By End Users

9.3.3.     Colombia General Surgery Devices Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Product Type

9.3.3.2.2.             By Methods

9.3.3.2.3.             By Application

9.3.3.2.4.             By End Users

10.  Middle East and Africa General Surgery Devices Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Product Type

10.2.2.  By Methods

10.2.3.  By Application

10.2.4.  By End Users

10.2.5.  By Country

10.3.              MEA: Country Analysis

10.3.1.  South Africa General Surgery Devices Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Product Type

10.3.1.2.2.