Surgical Equipment Market Synopsis
Surgical Equipment Market Size is Valued at USD 12.36 Billion in 2023, and is Projected to Reach USD 35.52 Billion by 2032, Growing at a CAGR of 14.10% From 2024-2032.
Surgical equipment refers to the tools, devices, and instruments used in surgeries and the market for surgical equipment is quite broad. It comprises of sharp instruments like scalpels, forceps, scissors, retractors, suture carriers as well as other non-sharp instruments like electrosurgical devices. This market is fostered by factors such as the rising prevalence of surgeries, innovation in technologies that make surgical procedures more accurate and less invasive, and the rising trend in ambulatory surgeries. Other factors affecting the market include: development of healthcare infrastructure, increase in geriatric population and prevalence of chronic diseases.
- The major factors that are fueling the growth of the surgical equipment market at global level are technological development, rise in the number of patients suffering from chronic diseases, and increasing population of geriatrics. Advancements in technology have made it possible to perform surgeries through small incisions in the body, and this has made it possible to reap some benefits like low post-operative complications, short hospital stays, and quick recovery periods. Furthermore, the higher incidence of chronic diseases including cardiovascular diseases, cancer, and neurological disorders has led to a higher demand for surgeries, which in turn has bolstered the market growth.
- Furthermore, the increasing number of surgical procedures across the globe is also playing a significant role in the growth of the market for surgical equipment. Older people are at higher risk of developing different chronic diseases and often need surgical procedures more often than people of other age. The number of elderly people is increasing day by day, especially in developed countries, and this factor will increase the requirement of surgical procedures and equipment in the future years and thus fuel the growth of the market.
Surgical Equipment Market Trend Analysis
Advancements in Surgical Equipment, Embracing Robotics and Minimally Invasive Techniques
- Currently, the surgical equipment market is experiencing a shift towards the incorporation of more innovative technologies in the field to improve effectiveness of surgical operations. One of the significant innovations is the introduction of surgical robots that provide the surgeon with enhanced accuracy, dexterity, and reach. These systems are being implemented at a rising rate in different fields of surgery such as orthopedic, urological, and general surgery, which in turn is propelling the market growth.
- Another of the trends is the continuing increase in the use of minimally invasive surgical (MIS) procedures as they offer a number of advantages over traditional surgery, including shorter hospital stays, faster recovery, and less post-operative discomfort. This trend is pushing the development of dedicated instruments and equipment for MIS such as endoscopies, trocars, and robotic systems. Also, the rising incidence of chronic ailments and the aging populace is also driving the demand for surgical equipment, which is positively contributing to the market growth.
Seizing Growth Opportunities, The Evolving Landscape of the Global Surgical Equipment Market
- The global market for surgical equipment is likely to expand at a steady pace in the near future due to the following factors. Technological innovations in surgical instruments and equipment including the robotic surgery systems are improving on the accuracy of surgery operations while at the same time reducing the number of days needed for recovery hence the high demand for these products. Furthermore, the global rise in the number of chronic diseases and an aging population will continue to create a demand for surgeries to be performed, thereby expanding the market.
- Additionally, the outbreak of the COVID-19 pandemic has also placed emphasis on the need for surgical equipment in various health facilities, thus increasing its demand. There is also a trend towards less invasive surgeries, which need specialized equipment and therefore stimulate the use of new and improved instruments. In general, the market for surgical equipment is full of opportunities for producers and suppliers to introduce new products into the market and develop a range of new products to meet the needs of this rapidly growing segment of the healthcare industry.
Surgical Equipment Market Segment Analysis:
Surgical Equipment Market Segmented on the basis of Product, application, and end-users.
By Product, Handheld Device segment is expected to dominate the market during the forecast period
- The surgical equipment market has been classified by product type as handheld surgical devices, surgical sutures and staplers, electrosurgical devices, and others. Surgical tools, such as scalpels, forceps, and scissors, are handheld instruments that are widely used in surgeries for precision and grip. Surgical sutures and staplers are important tools when it comes to closure of wounds and they enhance fast healing and minimizes chances of infections. Electrosurgical devices include generators and electrodes and they are employed in surgery for cutting, coagulation and sealing tissues. Other categories of surgical instruments include surgical retractors, trocar and dilators which are used in various surgical operations in accordance with the roles they play in the operations as a whole.
- All these product segments are critical in contemporary surgery with constant advancements in technology improving their efficiency and safety. Since the importance of minimally invasive surgeries is increasing gradually, the manufacturers are coming up with new products that are small in size, more accurate and easier to handle which is again pushing the evolution of the global surgical equipment market.
By Application, General Surgery segment held the largest share in 2024
- Based on the application, the global surgical equipment market is segmented into cardiovascular, neurology, gynecology, general surgery, and others. Cardiovascular surgery is a type of surgery that involves the heart and blood vessels, and requires the use of specific instruments such as stents, catheters, and heart lung machines. Neurology surgery is conducted on the nervous system and involves the use of specialized instruments, including microscopes, drills, and nerve stimulators. Gynecology surgery deals with the female reproductive system and involves the use of devices such as speculums, forceps, and colposcopes.
- General surgery is a field of medicine that includes operations on the abdomen, skin, and soft tissues that involve the use of instruments like retractors, scalpels, and suction devices. Other surgeries that require surgical equipment include orthopedic surgeries, ophthalmologic surgeries, and surgeries of the ears, nose, and throat, all of which require specific instruments and equipment. With the development of medical technology, there will be an increase in the need for surgical equipment in these different applications, thus offering growth prospects for market participants to diversify their portfolios.
Surgical Equipment Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- The North American surgical equipment market is a promising and competitive segment that is fueled by factors like technological innovation, population aging, and the rise in surgeries. The United States has the highest market share in this segment because of high healthcare spending, well-developed healthcare infrastructure, and a high volume of surgeries performed in the country. In this context, the presence of major market players and the increasing investments in R&D activities also help in boosting the market growth in this region.
- Another important market in North America is Canada, which has a well-developed healthcare sector and a growing demand for sophisticated surgical tools. The growth factors that are currently being observed in the market include the increase in healthcare spending, increasing awareness of minimally invasive surgical procedures, and government policies to enhance healthcare facilities. The North American surgical equipment market is highly saturated and fragmented with the key players aiming at new product development, partnerships, and acquisitions to consolidate their position in the market.
Active Key Players in the Surgical Equipment Market
- Aspen Surgical (US)
- B. Braun Se (Germany)
- Boston Scientific Corporation (US)
- Conmed Corporation (US)
- Erbe Elektromedizin Gmbh (Germany)
- Frankenman International Ltd (China)
- Fuhrmann Gmbh (Germany)
- Geister Medizintechnik Gmbh (US)
- Integra Lifesciences (US)
- Medical Device Business Services, Inc. (US)
- Medtronic (Ireland)
- Meril Life Sciences Pvt. Ltd. (India)
- Olympus Corporation (Japan)
- Stryker (US)
- Zimmer Biomet (US), and Other key Players.
Global Surgical Equipment Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 12.36 Bn. |
Forecast Period 2024-32 CAGR: |
14.10 % |
Market Size in 2032: |
USD 35.52 Bn. |
Segments Covered: |
By Product |
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By Application |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- Bargaining Power Of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
- PORTER’S FIVE FORCES ANALYSIS
- SURGICAL EQUIPMENT MARKET BY PRODUCT (2017-2032)
- SURGICAL EQUIPMENT MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- HANDHELD DEVICES
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- SURGICAL SUTURES & STAPLERS
- ELECTROSURGICAL DEVICES
- OTHERS
- SURGICAL EQUIPMENT MARKET BY APPLICATION (2017-2032)
- SURGICAL EQUIPMENT MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- CARDIOVASCULAR
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- NEUROLOGY
- GYNECOLOGY
- GENERAL SURGERY
- OTHERS
- SURGICAL EQUIPMENT MARKET BY END-USER (2017-2032)
- SURGICAL EQUIPMENT MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- HOSPITALS
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- CLINICS
- AMBULATORY SURGICAL CENTERS
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- Surgical Equipment Market Share By Manufacturer (2023)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- ASPEN SURGICAL (US)
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves And Recent Developments
- SWOT Analysis
- B. BRAUN SE (GERMANY)
- BOSTON SCIENTIFIC CORPORATION (US)
- CONMED CORPORATION (US)
- ERBE ELEKTROMEDIZIN GMBH (GERMANY)
- FRANKENMAN INTERNATIONAL LTD (CHINA)
- FUHRMANN GMBH (GERMANY)
- GEISTER MEDIZINTECHNIK GMBH (US)
- INTEGRA LIFESCIENCES (US)
- MEDICAL DEVICE BUSINESS SERVICES, INC. (US)
- MEDTRONIC (IRELAND)
- MERIL LIFE SCIENCES PVT. LTD. (INDIA)
- OLYMPUS CORPORATION (JAPAN)
- STRYKER (US)
- ZIMMER BIOMET (US)
- COMPETITIVE LANDSCAPE
- GLOBAL SURGICAL EQUIPMENT MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Product
- Historic And Forecasted Market Size By Application
- Historic And Forecasted Market Size By End User
- Historic And Forecasted Market Size By Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Global Surgical Equipment Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 12.36 Bn. |
Forecast Period 2024-32 CAGR: |
14.10 % |
Market Size in 2032: |
USD 35.52 Bn. |
Segments Covered: |
By Product |
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By Application |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. SURGICAL EQUIPMENT MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. SURGICAL EQUIPMENT MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. SURGICAL EQUIPMENT MARKET COMPETITIVE RIVALRY
TABLE 005. SURGICAL EQUIPMENT MARKET THREAT OF NEW ENTRANTS
TABLE 006. SURGICAL EQUIPMENT MARKET THREAT OF SUBSTITUTES
TABLE 007. SURGICAL EQUIPMENT MARKET BY PRODUCT
TABLE 008. HANDHELD DEVICES MARKET OVERVIEW (2016-2028)
TABLE 009. SURGICAL SUTURES & STAPLERS MARKET OVERVIEW (2016-2028)
TABLE 010. ELECTROSURGICAL DEVICES MARKET OVERVIEW (2016-2028)
TABLE 011. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 012. SURGICAL EQUIPMENT MARKET BY APPLICATION
TABLE 013. CARDIOVASCULAR MARKET OVERVIEW (2016-2028)
TABLE 014. NEUROLOGY MARKET OVERVIEW (2016-2028)
TABLE 015. GYNECOLOGY MARKET OVERVIEW (2016-2028)
TABLE 016. GENERAL SURGERY MARKET OVERVIEW (2016-2028)
TABLE 017. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 018. SURGICAL EQUIPMENT MARKET BY END USER
TABLE 019. HOSPITALS MARKET OVERVIEW (2016-2028)
TABLE 020. CLINICS MARKET OVERVIEW (2016-2028)
TABLE 021. AMBULATORY SURGICAL CENTERS MARKET OVERVIEW (2016-2028)
TABLE 022. NORTH AMERICA SURGICAL EQUIPMENT MARKET, BY PRODUCT (2016-2028)
TABLE 023. NORTH AMERICA SURGICAL EQUIPMENT MARKET, BY APPLICATION (2016-2028)
TABLE 024. NORTH AMERICA SURGICAL EQUIPMENT MARKET, BY END USER (2016-2028)
TABLE 025. N SURGICAL EQUIPMENT MARKET, BY COUNTRY (2016-2028)
TABLE 026. EUROPE SURGICAL EQUIPMENT MARKET, BY PRODUCT (2016-2028)
TABLE 027. EUROPE SURGICAL EQUIPMENT MARKET, BY APPLICATION (2016-2028)
TABLE 028. EUROPE SURGICAL EQUIPMENT MARKET, BY END USER (2016-2028)
TABLE 029. SURGICAL EQUIPMENT MARKET, BY COUNTRY (2016-2028)
TABLE 030. ASIA PACIFIC SURGICAL EQUIPMENT MARKET, BY PRODUCT (2016-2028)
TABLE 031. ASIA PACIFIC SURGICAL EQUIPMENT MARKET, BY APPLICATION (2016-2028)
TABLE 032. ASIA PACIFIC SURGICAL EQUIPMENT MARKET, BY END USER (2016-2028)
TABLE 033. SURGICAL EQUIPMENT MARKET, BY COUNTRY (2016-2028)
TABLE 034. MIDDLE EAST & AFRICA SURGICAL EQUIPMENT MARKET, BY PRODUCT (2016-2028)
TABLE 035. MIDDLE EAST & AFRICA SURGICAL EQUIPMENT MARKET, BY APPLICATION (2016-2028)
TABLE 036. MIDDLE EAST & AFRICA SURGICAL EQUIPMENT MARKET, BY END USER (2016-2028)
TABLE 037. SURGICAL EQUIPMENT MARKET, BY COUNTRY (2016-2028)
TABLE 038. SOUTH AMERICA SURGICAL EQUIPMENT MARKET, BY PRODUCT (2016-2028)
TABLE 039. SOUTH AMERICA SURGICAL EQUIPMENT MARKET, BY APPLICATION (2016-2028)
TABLE 040. SOUTH AMERICA SURGICAL EQUIPMENT MARKET, BY END USER (2016-2028)
TABLE 041. SURGICAL EQUIPMENT MARKET, BY COUNTRY (2016-2028)
TABLE 042. OLYMPUS CORPORATION: SNAPSHOT
TABLE 043. OLYMPUS CORPORATION: BUSINESS PERFORMANCE
TABLE 044. OLYMPUS CORPORATION: PRODUCT PORTFOLIO
TABLE 045. OLYMPUS CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. B. BRAUN SE: SNAPSHOT
TABLE 046. B. BRAUN SE: BUSINESS PERFORMANCE
TABLE 047. B. BRAUN SE: PRODUCT PORTFOLIO
TABLE 048. B. BRAUN SE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. ERBE ELEKTROMEDIZIN GMBH: SNAPSHOT
TABLE 049. ERBE ELEKTROMEDIZIN GMBH: BUSINESS PERFORMANCE
TABLE 050. ERBE ELEKTROMEDIZIN GMBH: PRODUCT PORTFOLIO
TABLE 051. ERBE ELEKTROMEDIZIN GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. CONMED CORPORATION: SNAPSHOT
TABLE 052. CONMED CORPORATION: BUSINESS PERFORMANCE
TABLE 053. CONMED CORPORATION: PRODUCT PORTFOLIO
TABLE 054. CONMED CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. MERIL LIFE SCIENCES PVT. LTD.: SNAPSHOT
TABLE 055. MERIL LIFE SCIENCES PVT. LTD.: BUSINESS PERFORMANCE
TABLE 056. MERIL LIFE SCIENCES PVT. LTD.: PRODUCT PORTFOLIO
TABLE 057. MERIL LIFE SCIENCES PVT. LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 057. FRANKENMAN INTERNATIONAL LTD: SNAPSHOT
TABLE 058. FRANKENMAN INTERNATIONAL LTD: BUSINESS PERFORMANCE
TABLE 059. FRANKENMAN INTERNATIONAL LTD: PRODUCT PORTFOLIO
TABLE 060. FRANKENMAN INTERNATIONAL LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 060. BOSTON SCIENTIFIC CORPORATION: SNAPSHOT
TABLE 061. BOSTON SCIENTIFIC CORPORATION: BUSINESS PERFORMANCE
TABLE 062. BOSTON SCIENTIFIC CORPORATION: PRODUCT PORTFOLIO
TABLE 063. BOSTON SCIENTIFIC CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 063. MEDTRONIC: SNAPSHOT
TABLE 064. MEDTRONIC: BUSINESS PERFORMANCE
TABLE 065. MEDTRONIC: PRODUCT PORTFOLIO
TABLE 066. MEDTRONIC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 066. ZIMMER BIOMET: SNAPSHOT
TABLE 067. ZIMMER BIOMET: BUSINESS PERFORMANCE
TABLE 068. ZIMMER BIOMET: PRODUCT PORTFOLIO
TABLE 069. ZIMMER BIOMET: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 069. ASPEN SURGICAL: SNAPSHOT
TABLE 070. ASPEN SURGICAL: BUSINESS PERFORMANCE
TABLE 071. ASPEN SURGICAL: PRODUCT PORTFOLIO
TABLE 072. ASPEN SURGICAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 072. INTEGRA LIFESCIENCES: SNAPSHOT
TABLE 073. INTEGRA LIFESCIENCES: BUSINESS PERFORMANCE
TABLE 074. INTEGRA LIFESCIENCES: PRODUCT PORTFOLIO
TABLE 075. INTEGRA LIFESCIENCES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 075. STRYKER: SNAPSHOT
TABLE 076. STRYKER: BUSINESS PERFORMANCE
TABLE 077. STRYKER: PRODUCT PORTFOLIO
TABLE 078. STRYKER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 078. MEDICAL DEVICE BUSINESS SERVICES: SNAPSHOT
TABLE 079. MEDICAL DEVICE BUSINESS SERVICES: BUSINESS PERFORMANCE
TABLE 080. MEDICAL DEVICE BUSINESS SERVICES: PRODUCT PORTFOLIO
TABLE 081. MEDICAL DEVICE BUSINESS SERVICES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 081. INC.: SNAPSHOT
TABLE 082. INC.: BUSINESS PERFORMANCE
TABLE 083. INC.: PRODUCT PORTFOLIO
TABLE 084. INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 084. FUHRMANN GMBH: SNAPSHOT
TABLE 085. FUHRMANN GMBH: BUSINESS PERFORMANCE
TABLE 086. FUHRMANN GMBH: PRODUCT PORTFOLIO
TABLE 087. FUHRMANN GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 087. GEISTER MEDIZINTECHNIK GMBH: SNAPSHOT
TABLE 088. GEISTER MEDIZINTECHNIK GMBH: BUSINESS PERFORMANCE
TABLE 089. GEISTER MEDIZINTECHNIK GMBH: PRODUCT PORTFOLIO
TABLE 090. GEISTER MEDIZINTECHNIK GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 090. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 091. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 092. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 093. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. SURGICAL EQUIPMENT MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. SURGICAL EQUIPMENT MARKET OVERVIEW BY PRODUCT
FIGURE 012. HANDHELD DEVICES MARKET OVERVIEW (2016-2028)
FIGURE 013. SURGICAL SUTURES & STAPLERS MARKET OVERVIEW (2016-2028)
FIGURE 014. ELECTROSURGICAL DEVICES MARKET OVERVIEW (2016-2028)
FIGURE 015. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 016. SURGICAL EQUIPMENT MARKET OVERVIEW BY APPLICATION
FIGURE 017. CARDIOVASCULAR MARKET OVERVIEW (2016-2028)
FIGURE 018. NEUROLOGY MARKET OVERVIEW (2016-2028)
FIGURE 019. GYNECOLOGY MARKET OVERVIEW (2016-2028)
FIGURE 020. GENERAL SURGERY MARKET OVERVIEW (2016-2028)
FIGURE 021. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 022. SURGICAL EQUIPMENT MARKET OVERVIEW BY END USER
FIGURE 023. HOSPITALS MARKET OVERVIEW (2016-2028)
FIGURE 024. CLINICS MARKET OVERVIEW (2016-2028)
FIGURE 025. AMBULATORY SURGICAL CENTERS MARKET OVERVIEW (2016-2028)
FIGURE 026. NORTH AMERICA SURGICAL EQUIPMENT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. EUROPE SURGICAL EQUIPMENT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. ASIA PACIFIC SURGICAL EQUIPMENT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. MIDDLE EAST & AFRICA SURGICAL EQUIPMENT MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. SOUTH AMERICA SURGICAL EQUIPMENT MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Surgical Equipment Market research report is 2024-2032.
Olympus Corporation (Japan), B. Braun Se (Germany), Erbe Elektromedizin Gmbh (Germany), Conmed Corporation (US), Meril Life Sciences Pvt. Ltd. (India), Frankenman International Ltd (China), Boston Scientific Corporation (US), Medtronic (Ireland), Zimmer Biomet (US), Aspen Surgical (US), Integra Lifesciences (US), Stryker (US), Medical Device Business Services, Inc. (US), Fuhrmann Gmbh (Germany), Geister Medizintechnik Gmbh (US) and Other Major Players.
The Surgical Equipment Market is segmented into By Product (Handheld Devices, Surgical Sutures & Staplers, Electrosurgical Devices, Others), Application (Cardiovascular, Neurology, Gynecology, General Surgery, Others), End User (Hospitals, Clinics, Ambulatory Surgical Centers) By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Surgical equipment refers to the tools, devices, and instruments used in surgeries and the market for surgical equipment is quite broad. It comprises of sharp instruments like scalpels, forceps, scissors, retractors, suture carriers as well as other non-sharp instruments like electrosurgical devices. This market is fostered by factors such as the rising prevalence of surgeries, innovation in technologies that make surgical procedures more accurate and less invasive, and the rising trend in ambulatory surgeries. Other factors affecting the market include: development of healthcare infrastructure, increase in geriatric population and prevalence of chronic diseases.
Surgical Equipment Market Size is Valued at USD 12.36 Billion in 2023, and is Projected to Reach USD 35.52 Billion by 2032, Growing at a CAGR of 14.10% From 2024-2032.