Home > Healthcare > Medical Devices > Operating Room Supplies > Hand-held Surgical Instruments Market

Hand-held Surgical Instruments Market Trends

  • Report ID: GMI6133
  • Published Date: Jul 2023
  • Report Format: PDF

Hand-held Surgical Instruments Market Trends

Increasing prevalence of chronic diseases is expected to drive the market size. Chronic diseases, such as cardiovascular diseases, cancer, diabetes, and orthopedic conditions, continue to pose a significant health burden worldwide. For instance, according to the WHO data, in 2021, around 422 million people worldwide were suffering from diabetes and is estimated to increase in the near future. This rising instance of chronic ailment has augmented the in-patient hospitalization for surgical interventions and augmenting the market trends. Factors such as aging populations, sedentary lifestyles, and changing dietary patterns contribute to the increasing prevalence of these conditions. Surgical interventions are often required for the diagnosis, treatment, and management of chronic diseases, driving the demand for hand-held surgical instruments.
 

Additionally, management of chronic diseases require surgical interventions at various stages of diagnosis and treatment. For instance, cardiovascular diseases may necessitate procedures such as coronary artery bypass grafting or cardiac catheterization, while cancer treatments often involve surgeries for tumour removal or biopsies. Hand-held surgical instruments play a crucial role in these procedures, enabling surgeons to perform precise and controlled maneuvers. Expanding healthcare infrastructure, particularly in emerging markets, is creating greater accessibility to surgical interventions for chronic diseases.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

Hand-held surgical instruments industry size reached more than USD 5.5 billion in 2022 and is estimated to record USD 11.2 billion by 2032 driven by the increasing prevalence of chronic diseases and the rising number of surgical procedures.

The forceps product segment held over 24% share of the hand-held surgical instruments industry in 2022 due to its increasing adoption by surgeons to clamp blood vessels, secure small bleeders, or control bleeding during procedures.

North America hand-held surgical instruments market was worth USD 2.2 billion in 2022 and is set to gain momentum through 2032 owing to the increasing burden of chronic ailments, such as cardiovascular diseases, cancer, diabetes, and orthopedic conditions across the region.

Some leading market players are Aspen Surgical, B. Braun Melsungen AG, Becton, Dickinson and Company, Cook Medical LLC, CooperSurgical, Inc., Integra LifeSciences Corporation, Johnson & Johnson Inc., KLS Martin, Medtronic, plc., and Olympus Corporation.

Hand-held Surgical Instruments Market Scope

Buy Now


Premium Report Details

  • Base Year: 2022
  • Companies covered: 14
  • Tables & Figures: 393
  • Countries covered: 30
  • Pages: 180
 Download Free Sample