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Open Surgery Instruments Market Size Forecasted To Achieve $87.34 Billion By 2029 With Steady Growth
Open Surgery Instruments Market
What Is the Open Surgery Instruments Market Size and Projected Growth Rate?
The open surgery instruments market has experienced strong growth in recent years. It is projected to grow from $64.35 billion in 2024 to $68.59 billion in 2025, at a CAGR of 6.6%. The increase is driven by more surgical procedures, an aging population, development of healthcare infrastructure, regulatory changes, higher healthcare spending, and more surgeries being performed.
The open surgery instruments market is expected to see steady growth in the next few years. It will grow to $87.34 billion in 2029, at a CAGR of 6.2%. Growth factors include the rise of personalized medicine, a high prevalence of chronic diseases, increasing demand for advanced surgical instruments, the rise of ambulatory surgical centers, and a growing need for laboratory automation. Key trends include advancements in laparoscopic instruments, integration with imaging technologies, growth in single-use surgical tools, smart instruments with sensor technology, and greater adoption of energy-based devices.
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What Are the Major Segments in the Open Surgery Instruments Market?
The open surgery instruments market covered in this report is segmented -
1) By Product: Scalpel, Scissors, Forceps, Clamps, Needles And Suture, Retractors, Suction, Staplers And Clips, Energy Systems, Laparoscopic Instruments
2) By Application: Cardiothoracic Surgery, Urologic Surgery, Orthopedic Surgery, Robot Assisted Surgery
3) By End-User: Hospitals, Ambulatory Surgery Centers, Clinics
Subsegments:
1) By Scalpel: Disposable Scalpels, Reusable Scalpels
2) By Scissors: Straight Scissors, Curved Scissors, Metzenbaum Scissors, Mayo Scissors
3) By Forceps: Tissue Forceps, Surgical Forceps, Hemostatic Forceps
4) By Clamps: Hemostatic Clamps, Tissue Clamps, Surgical Clamps
5) By Needles And Suture: Surgical Needles, Absorbable Sutures, Non-Absorbable Sutures
6) By Retractors: Handheld Retractors, Self-Retaining Retractors
7) By Suction: Manual Suction Devices, Electric Suction Devices
8) By Staplers And Clips: Surgical Staplers, Hemostatic Clips, Skin Staplers
9) By Energy Systems: Electrosurgical Units, Laser Energy Systems, Ultrasonic Energy Systems
10) By Laparoscopic Instruments: Laparoscopes, Laparoscopic Graspers, Laparoscopic Scissors, Laparoscopic Needles
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What Are The Driving Open Surgery Instruments Market Evolution?
The increasing prevalence of chronic diseases is expected to spur the growth of the open surgery instrument market. Chronic diseases, which persist for long periods and significantly impact a person's quality of life, are rising due to lifestyle changes, aging populations, and genetic factors. Open surgery instruments are vital in the treatment of these conditions, as they enhance surgical precision, improve recovery times, and ensure patient safety. For example, according to the Australian Institute of Health and Welfare in July 2024, chronic obstructive pulmonary disease (COPD) caused 7,691 deaths in 2022. Consequently, the prevalence of chronic diseases is driving the demand for open surgery instruments.
Which Firms Dominate The Open Surgery Instruments Market Segments?
Major companies operating in the open surgery instruments market are Johnson & Johnson Services Inc., Thermo Fisher Scientific Inc., Medtronic, Alcon, Olympus, Terumo Corporation, Intuitive Surgical, B. Braun Medical Ltd., Cook Medical, Teleflex Incorporated, Karl Storz, Mölnlycke Health Care AB, Integra LifeSciences Corporation, ConMed Corporation, C.R. Bard Inc., KLS Martin Group, Aspen Surgical Products Inc., Scanlan International Inc., Sklar Surgical Instruments, Grena Ltd., ELMED Incorporated
What Open Surgery Instruments Market Trends Are Gaining Traction Across Different Segments?
Leading firms in the open surgery instrument market are innovating hybrid energy devices to increase the safety and effectiveness of open surgeries. These tools integrate cutting, coagulation, and dissection in a single device. Olympus Corporation launched the THUNDERBEAT Open Fine Jaw Type X in September 2022, which includes a thermal shield to manage heat and prevent damage to surrounding tissues, while combining ultrasonic and bipolar energy.
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Which Is The Largest Region In The Open Surgery Instruments Market?
North America was the largest region in the open surgery instruments market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the open surgery instruments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Open Surgery Instruments Market?
2. What is the CAGR expected in the Open Surgery Instruments Market?
3. What Are the Key Innovations Transforming the Open Surgery Instruments Industry?
4. Which Region Is Leading the Open Surgery Instruments Market?
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