Press release
General Surgery Devices Market To Reach US$ 25.6 Billion By 2028
General Surgery Devices Market
IMARC Group's latest report, titled "General Surgery Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the global general surgery devices market size reached US$ 14.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 25.6 Billion by 2028, exhibiting a growth rate (CAGR) of 9.9% during 2023-2028.
What is General Surgery Devices ? :
General surgery devices refer to a wide range of medical instruments, tools, and equipment specifically designed and utilized in surgical procedures across various medical disciplines. These devices are essential for surgeons to perform precise and efficient surgical interventions, including incisions, suturing, tissue manipulation, and hemostasis. General surgery devices encompass a diverse array of instruments, such as scalpels, forceps, retractors, sutures, staplers, and electrosurgical devices, among others.
They are employed in different surgical settings, including hospitals, ambulatory surgical centers, and specialty clinics. The growing demand for advanced surgical techniques and minimally invasive procedures has propelled the development and adoption of innovative general surgery devices. These devices play a crucial role in enhancing surgical outcomes, reducing patient trauma, and improving post-operative recovery.
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Who are the key Players Operating in the Industry ? :
• B. Braun Melsungen AG
• Becton
• Dickinson and Company
• Boston Scientific Corporation
• Conmed Corporation
• Erbe Elektromedizin GmbH
• Integer Holdings Corporation
• Integra LifeSciences Corporation
• Johnson & Johnson
• Medtronic plc
• Olympus Corporations
• Smith & Nephew plc
• The 3M Company
What are the Growth Prospects and Trends in the General Surgery Devices Industry ? :
The increasing prevalence of chronic diseases and the growing aging population are contributing to the rising demand for surgical interventions. As the number of surgeries continues to increase, there is a corresponding need for advanced general surgery devices that enable surgeons to perform procedures with precision, efficiency, and improved patient outcomes. Additionally, technological advancements in general surgery devices are driving market growth. Innovations such as robotic-assisted surgical systems, energy-based devices, and advanced imaging technologies have revolutionized the field of surgery. These advancements have paved the way for minimally invasive procedures, resulting in reduced patient trauma, shorter hospital stays, and faster recovery times.
As a result, there is a growing preference for general surgery devices that support minimally invasive approaches. Moreover, the evolving regulatory landscape and the emphasis on patient safety are influencing market trends. Regulatory authorities are placing greater scrutiny on the safety and efficacy of surgical devices, leading to more stringent regulations and standards. This has prompted manufacturers to invest in research and development activities to ensure compliance and develop devices that meet the highest quality and safety standards. Furthermore, the increasing focus on cost-effective healthcare solutions is driving the adoption of general surgery devices. Healthcare providers are seeking devices that offer improved efficiency, reduce surgical complications, and minimize the overall cost of patient care. Manufacturers are responding to this demand by developing devices that optimize surgical procedures, enhance surgical outcomes, and provide value-based solutions.
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What is Included in Market Segmentation ? :
Type Insights:
• Disposable Surgical Supplies
• Open Surgery Instrument
• Energy-based and Powered Instrument
• Minimally Invasive Surgery Instruments
• Adhesion Prevention Products
• Medical Robotics and Computer Assisted
Surgery Devices
Application Insights:
• Orthopedic Surgery
• Cardiology
• Ophthalmology
• Wound Care
• Neurosurgery
• Urology and Gynecology Surgery
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC Group's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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