Market Overview:
The Surgical Pliers Market size is expected to grow from USD 154.76 Million in 2022 to USD 216.74 Million by 2030, at a CAGR of 4.3% during the forecast period.
During hand surgical procedures, Surgical Pliers serve multiple purposes, such as cutting, twisting, and handling tissue, aiding surgeons in delicate tasks. Surgeons and assistants wear sterile uniforms, including surgical gowns, to prevent the spread of infection and bacteria. Surgical gowns are designed with impermeable materials to reduce germs in the operating area, ensuring a clean environment. Commonly known as "isolation pliers," these safety instruments are essential for medical specialists working in clean environments, protecting against contamination from body fluids and germs during surgery.
Top Key Players for Surgical Pliers Market:
Novo Surgical Inc. (United States), gSource, LLC. (New Jersey), Eurotek Surgical Co. (United States), Millennium Surgical Corp. (United States), Fine Science Tools Inc. (California), Integra LifeSciences Corporation (United States), Vital Surgical Technologies, Inc. (United States), Key Surgical (United States), Karl Schumacher (United States), Trewavis Surgical (Australia), and Other Major Players
Market Dynamics and Factors for Surgical Pliers Market:
Drivers:
The Increasing Number of Hospitals and Surgical Centers
The increasing number of hospitals and surgical centers is a significant driver for the Surgical Pliers Market. As the healthcare industry expands and new healthcare facilities are established, the demand for surgical instruments, including surgical pliers, rises proportionally. Surgical pliers play a crucial role in various surgical procedures, offering precision and versatility for surgeons in handling tissues, wires, and pins. With more healthcare institutions and surgical centers requiring advanced surgical tools to meet patient needs, the market for surgical pliers is expected to experience substantial growth. Moreover, the need for reliable and high-quality surgical pliers drives manufacturers to innovate and develop improved products, further fueling market expansion in response to the growing healthcare infrastructure.
Opportunities:
Prevalence of Robotic-Assisted Surgery Across the Globe
The prevalence of robotic-assisted surgery across the globe presents a significant opportunity for the Surgical Pliers Market. Robotic-assisted surgery is gaining popularity due to its precision, improved outcomes, and reduced invasiveness. As more healthcare facilities adopt robotic surgical systems, the demand for specialized surgical instruments, such as surgical pliers, increases. These instruments are essential for assisting surgeons in performing delicate and precise tasks during robotic-assisted procedures. The growing adoption of robotic-assisted surgery drives the need for advanced and specialized surgical pliers, propelling the market's growth as healthcare providers seek to equip themselves with the latest and most effective tools for these advanced procedures.
Segmentation Analysis of the Surgical Pliers Market:
By Product, Disposable Surgical Pliers dominate the market size due to their convenience and reduced risk of cross-contamination, making them preferred for single-use in surgical procedures.
By End-Users, Hospitals dominate the Surgical Pliers Market Size due to the higher volume of surgical procedures performed in these facilities, leading to greater demand for surgical instruments like pliers.
Regional Analysis of the Surgical Pliers Market:
North America is expected to hold the majority share in the surgical plier’s market during the forecast period, with the United States leading in this region due to better regulations on surgical devices and increased awareness among the population regarding surgical procedures for injuries and chronic conditions. Europe dominates the market due to supportive regulatory measures and technological advancements, while Asia-Pacific is projected to experience the highest growth rate over the forecast period.
Key Industry Development:
In March 2018, Medtronic launched Signia Stapling System. This provides an ideal solution to pioneering intelligence-based minimally invasive surgery, which offers real-time feedback and based on Adaptive Firing technology measures the firing force and adjusts the stapler's speed based on tissue variability measurements. This drives the demand for new advanced surgical equipment.
In January 2020, Medtronic launched Signia Stapling System. This provides an ideal solution to pioneering intelligence-based minimally invasive surgery, which offers real-time feedback and based on Adaptive Firing technology measures the firing force and adjusts the stapler's speed based on tissue variability measurements. This drives the demand for new advanced surgical equipment.
