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Emerging Trends to Reshape the Handheld Surgical Devices And Equipment Market: FDA Classification Of Medical Devices Hand-Held Surgical Devices As Class I Devices as a Key Influencer
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Handheld Surgical Devices And Equipment Market Size Valuation Forecast: What Will the Market Be Worth by 2025?_x000D_
The market for handheld surgical devices and equipment has witnessed a significant expansion in its size over the past few years. With its size increasing from $8.76 billion in 2024 to $9.76 billion in 2025, the sector will experience a compound annual growth rate (CAGR) of 11.4%. Factors that have contributed to growth in the historic period include an aging population, minimally invasive surgery (MIS), healthcare infrastructure, and regulatory compliance._x000D_
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Handheld Surgical Devices And Equipment Market Size Forecast: What's the Projected Valuation by 2029?_x000D_
The market for handheld surgical devices and equipment is forecasted to witness substantial growth in the upcoming years, expanding to a size of $13.79 billion by 2029, with a compound annual growth rate (CAGR) of 9.0%. Factors contributing to this anticipated growth throughout the forecast period include advancements in telemedicine and remote surgery, rising markets, robotics and automation, and personalized medicine. Key trends for the forecast period consist of miniaturization and enhanced portability, intelligent connected devices, sustainable and environmentally friendly materials, along with developments in augmented reality (ar) and virtual reality (vr)._x000D_
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What Are the Drivers Transforming the Handheld Surgical Devices And Equipment Market?_x000D_
The elevated demand for cosmetic surgeries is propelling the market for handheld surgical devices and equipment. The rising per capita disposable income largely explains this demand for cosmetic surgeries. As per the 2022 data from ASPS, approximately 1.5 million cosmetic procedures were conducted solely in that year. Liposuction topped the list of aesthetic surgeries carried out in 2022, with an astonishing number of 325,669 surgeries undertaken._x000D_
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What Long-Term Trends Will Define the Future of the Handheld Surgical Devices And Equipment Market? _x000D_
The FDA organizes medical devices into Class I, Class II, and Class III classifications based on the level of risk they pose and the requisite regulation controls needed to ensure safety and efficacy. Hand-held surgical instruments like scalpels, forceps, and retractors, which are non-powered and manually manipulated, fall under the category of Class I medical devices. Usually, these Class I devices present the minimum risk to patients and users. Additionally, these devices are spared from the requirement of premarket notification procedures 510(k)._x000D_
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Which Segments in the Handheld Surgical Devices And Equipment Market Offer the Most Profit Potential?_x000D_
The handheld surgical devices and equipment market covered in this report is segmented - _x000D_
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1) By Product: Scalpels, Forceps, Retractor, Dilators, Graspers, Other Products _x000D_
2) By Application, Neurosurgery, Cardiovascular, Orthopedic, Plastic And Reconstructive Surgery, Obstetrics And Gynecology, Other Applications_x000D_
3) By End-User: Hospitals, Specialized Clinics, Long-Term Care Centers, Ambulatory Surgery Centers, Other End Users_x000D_
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Subsegments:_x000D_
1) By Scalpels: Disposable Scalpels, Reusable Scalpels _x000D_
2) By Forceps: Hemostatic Forceps, Tissue Forceps, Surgical Forceps _x000D_
3) By Retractors: Handheld Retractors, Self-Retaining Retractors _x000D_
4) By Dilators: Urethral Dilators, Cervical Dilators, Esophageal Dilators _x000D_
5) By Graspers: Laparoscopic Graspers, Endoscopic Graspers _x000D_
6) By Other Products: Surgical Hooks, Scissors, Clamps, Spatulas, Needle Holders_x000D_
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Which Firms Dominate the Handheld Surgical Devices And Equipment Market by Market Share and Revenue in 2025?_x000D_
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 _x000D_
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Which Regions Offer the Highest Growth Potential in the Handheld Surgical Devices And Equipment Market?_x000D_
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._x000D_
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