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Handheld Surgical Devices And Equipment Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
The Handheld Surgical Devices And Equipment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Handheld Surgical Devices And Equipment Market Size During the Forecast Period?
The handheld surgical devices and equipment market has expanded rapidly in recent years. It will increase from $8.76 billion in 2024 to $9.76 billion in 2025 at a CAGR of 11.4%. Historical growth was attributed to the aging population, minimally invasive surgery (MIS), improvements in healthcare infrastructure, and regulatory compliance.
The handheld surgical devices and equipment market is projected to grow strongly in the coming years. It will reach $13.79 billion by 2029, growing at a CAGR of 9.0%. The market growth is driven by the adoption of telemedicine and remote surgery, the expansion of emerging markets, the integration of robotics and automation, and personalized medicine. Key trends include miniaturization and portability, smart and connected devices, eco-friendly materials, and the use of augmented reality (AR) and virtual reality (VR).
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What Are the High-Growth Segments in the Handheld Surgical Devices And Equipment Market?
The handheld surgical devices and equipment market covered in this report is segmented -
1) By Product: Scalpels, Forceps, Retractor, Dilators, Graspers, Other Products
2) By Application, Neurosurgery, Cardiovascular, Orthopedic, Plastic And Reconstructive Surgery, Obstetrics And Gynecology, Other Applications
3) By End-User: Hospitals, Specialized Clinics, Long-Term Care Centers, Ambulatory Surgery Centers, Other End Users
Subsegments:
1) By Scalpels: Disposable Scalpels, Reusable Scalpels
2) By Forceps: Hemostatic Forceps, Tissue Forceps, Surgical Forceps
3) By Retractors: Handheld Retractors, Self-Retaining Retractors
4) By Dilators: Urethral Dilators, Cervical Dilators, Esophageal Dilators
5) By Graspers: Laparoscopic Graspers, Endoscopic Graspers
6) By Other Products: Surgical Hooks, Scissors, Clamps, Spatulas, Needle Holders
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What Key Drivers Are Expected to Influence Future Handheld Surgical Devices And Equipment Market Growth?
The rising demand for aesthetic surgeries is fueling the handheld surgical devices and equipment market. An increase in disposable income and a growing interest in cosmetic procedures have led to a surge in aesthetic surgeries, with 1.5 million procedures performed in 2022 alone. Liposuction was the most popular procedure, with over 325,000 surgeries performed, thus driving the handheld surgical devices market.
Which Companies Hold the Largest Share Across Different Handheld Surgical Devices And Equipment Market Segments?
Major companies operating in the handheld surgical devices and equipment market include B. Braun Melsungen AG, Medtronic plc, Smith & Nephew, Johnson & Johnson Services Inc., Integra LifeSciences Corporation, Zimmer Biomet, CooperSurgical Inc., Becton Dickinson and Company, Moria, Pelion Surgical, Elite Medical, Millennium Surgical, Gsource LLC, Medicon eG, Sklar Corporation, Ethicon US LLC., Erbe Elektromedizin GmbH, CONMED Corporation, Synergetics USA Inc., Stryker Corporation, Karl Storz SE & Co. KG, KLS Martin, Grena Ltd., Maxer Endoscopy GmbH, GPC Medical Ltd., Teleflex Incorporated, Cook Medical LLC, Richard Wolf GmbH, Microline Surgical Inc., Applied Medical Resources Corporation, Olympus Corporation, Boston Scientific Corporation, Wexler Surgical Inc., Surgmed Group
What Trends Are Driving Growth in The Handheld Surgical Devices And Equipment Market?
The FDA categorizes medical devices into Class I, Class II, and Class III based on the associated risks and regulatory requirements needed to ensure safety and efficacy. Hand-held surgical devices, including tools like scalpels, retractors, and forceps, fall under the Class I category. These devices are nonpowered and used in general surgical procedures, presenting minimal risk and are typically exempt from the 510(k) premarket notification process.
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What Are the Emerging Geographies for The Handheld Surgical Devices And Equipment Market Growth?
North America was the largest region in the global handheld surgical devices market in 2023. Western Europe was the second-largest region in the global handheld surgical devices market. The regions covered in the handheld surgical devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Handheld Surgical Devices And Equipment Market?
2. What is the CAGR expected in the Handheld Surgical Devices And Equipment Market?
3. What Are the Key Innovations Transforming the Handheld Surgical Devices And Equipment Industry?
4. Which Region Is Leading the Handheld Surgical Devices And Equipment Market?
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