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Surgical Soft Tissue Forceps Market Opportunities, Leading Players, Size And Forecast To 2033
Surgical Soft Tissue Forceps Market Opportunities
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According to The Business Research Company's, The surgical soft tissue forceps market size has grown strongly in recent years. It will grow from $1.2 billion in 2023 to $1.29 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to increasing surgical procedures, an aging population, advancements in surgical techniques, growing healthcare expenditure, the prevalence of chronic diseases, the expansion of healthcare infrastructure, and rising disposable income.
The surgical soft tissue forceps market size is expected to see strong growth in the next few years. It will grow to $1.72 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to technological advancements, demand for minimally invasive surgery, regulatory compliance, a focus on patient safety, market expansion in emerging economies, a shift towards sustainable practices, telemedicine, and digital health. Major trends in the forecast period include advancements in materials, miniaturization, robotics and automation, customization and personalization, smart instruments, a focus on ergonomics, and telehealth integration.
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Market Drivers and Trends:
A rising number of aesthetic procedures performed is expected to propel the growth of the surgical soft tissue forceps market going forward. Aesthetic procedures are elective medical treatments, either surgical or non-surgical, to enhance or improve a person's physical appearance. The rise in aesthetic procedures is due to societal beauty standards, increased accessibility, and the influence of social media. Surgical soft tissue forceps are used in aesthetic procedures to precisely handle and manipulate delicate tissues, minimize trauma, and ensure accurate placement during surgeries such as facelifts, rhinoplasties, and breast augmentations. For instance, in March 2023, according to the British Association of Aesthetic Plastic Surgeons, a UK-based organization responsible for safety and education in cosmetic surgery, there was a significant increase in cosmetic surgeries performed in 2022, with 31,057 cosmetic surgeries performed in the UK, marking a notable 102% increase from 2021. Therefore, a rising number of aesthetic procedures performed is driving the surgical soft tissue forceps market.
Major companies operating in the surgical soft tissue forceps market focus on developing a new generation of disposable bipolar forceps to strengthen their market reach for surgical precision products. Disposable bipolar forceps are used to grasp, hold, and manipulate delicate tissues while minimizing tissue adhesion and charring. For instance, in October 2022, Carl Zeiss Meditec AG, a Germany-based medical technology company, received FDA 510(k) clearance for MTLawton, a new generation of disposable bipolar forceps designed for electrosurgery. These forceps are made from a special copper-base alloy, significantly reducing delicate tissue adhesion and charring during tissue dissection thanks to its superior thermal conduction. This allows for improved cautery-based hemostasis. The forceps feature an extended shaft, which reduces visual restrictions in the surgical field and provides a clearer view of the coagulation area, enhancing efficiency in electrosurgical procedures.
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Major Key Players of the Market:
Medtronic plc, Johnson & Johnson MedTech, Medline Industries, Stryker Corporation, Boston Scientific Corporation, B. Braun Melsungen AG, Olympus Corporation, CooperSurgical Inc., Cook Medical, Karl Storz GmbH And Co. KG, Integra LifeSciences Corporation, ConMed Corporation, KLS Martin Group, Aesculap Inc., Richard Wolf GmbH, Aspen Surgical Products Inc., Symmetry Surgical Inc., MedGyn Products Inc., Scanlan International Inc., Sklar Surgical Instruments, GPC Medical Ltd., Hayden Medical Inc., Millennium Surgical Corp., S Murray And Co Ltd., Surgmed Group, Lawton GmbH And Co. KG, Marina Medical Instruments Inc., Surgipro Inc., Surtex Instruments Ltd.
Surgical Soft Tissue Forceps Market 2024 Key Insights:
• The surgical soft tissue forceps market size is expected to see strong growth in the next few years. It will grow to $1.72 billion in 2028 at a compound annual growth rate (CAGR) of 7.4%.
• Rising Number Of Aesthetic Procedures Driving Growth In The Surgical Soft Tissue Forceps Market
• Advancements In Disposable Bipolar Forceps For Enhanced Precision And Safety
• North America was the largest region in the surgical soft tissue forceps market in 2023
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