The global general surgery devices market is expected to grow

Wilmington, Delaware, July 09, 2024 (GLOBE NEWSWIRE) — The global general surgery devices market encompasses a wide range of instruments and equipment used in surgical procedures across various medical specialties. These devices play a key role in increasing surgical precision, reducing recovery time, and improving patient outcomes. The general surgery devices market is dynamic and driven by technological advancements, increasing number of surgical procedures worldwide, and rising healthcare expenditures. The general surgery devices market is diverse and includes instruments used in procedures such as appendectomies, hernia repairs, cholecystectomies, and many others. Key devices include surgical sutures, staplers, electrosurgical devices, trocars, and surgical robotics. These devices are essential in hospitals, ambulatory surgical centers, and specialty clinics worldwide.

Global General Surgery Devices Market: Key Data Points

Market value in 2023	$16.5 billion
Market value forecast to 2034	$42.9 billion
Speed ​​of growth	9.1%
Historical data	2016–2022
Base year	2023
Forecast data	2024-2034

Integration of robotics and minimally invasive techniques is a significant trend. Robotic surgeries offer greater precision and smaller incisions, leading to faster recovery times and fewer complications. For example, in September 2021, Olympus launched its improved POWER SEAL bipolar energy surgical devices, aiming to expand its portfolio of surgical solutions. At the same time, New Delhi-based SS Innovations announced in February 2021 plans to commercially debut India’s first general robotic surgical equipment in the next 4-6 months. MIS techniques are gaining popularity due to benefits such as reduced post-operative pain, shorter hospital stays and faster recovery. This trend is driving demand for specialized instruments and devices tailored for minimally invasive procedures. Disposable surgical instruments are gaining popularity due to concerns about infection control and cost-effectiveness. Single-use devices reduce the risk of cross-contamination and eliminate the need for sterilization, thereby reducing operating costs. The trend toward personalized healthcare is influencing device development. Devices that can be customized to individual patient needs are becoming increasingly popular, improving treatment outcomes and increasing patient satisfaction.

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The global increase in surgical procedures, driven by an aging population and the prevalence of chronic diseases, is a key driver of growth. For example, the World Health Organization (WHO) estimates that approximately 300 million surgical procedures are performed worldwide each year. Surgical devices are essential for both routine and complex surgeries, supporting market expansion. Higher healthcare spending, especially in emerging economies, is driving the adoption of advanced surgical devices. Governments and private healthcare providers are investing in healthcare infrastructure upgrades, which is driving market growth. Reimbursement policies that support the use of advanced surgical devices encourage healthcare providers to invest in state-of-the-art equipment. This factor is crucial in developed markets, where healthcare reimbursement plays a key role in device adoption rates.

Opportunities abound in emerging markets, where demand for healthcare infrastructure development and access to advanced surgical procedures are growing. These regions offer significant growth potential for manufacturers and suppliers of general surgery devices. Innovations in materials and design, such as biocompatible materials and ergonomic instrument designs, create opportunities for differentiation and market expansion. Companies that invest in R&D can leverage these opportunities to gain a competitive advantage.

The COVID-19 pandemic has had a mixed impact on the general surgery device market. Initially, elective procedures were postponed or canceled, leading to a temporary decline in device sales. However, as healthcare systems adapted to the new normal and surgical backlogs were addressed, demand for surgical devices, especially those supporting minimally invasive and robotic procedures, has rebounded. The pandemic has also accelerated the adoption of telemedicine and digital health solutions, impacting how surgical procedures are performed and monitored.

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The general surgery device market is poised for continued growth driven by technological advancements, increasing surgical volumes, and evolving healthcare infrastructure across the globe. Manufacturers and stakeholders in this market are focusing on innovation, patient-centered care, and market expansion strategies to capitalize on emerging opportunities and meet changing healthcare needs. As the landscape continues to evolve, collaboration between healthcare providers, device manufacturers, and regulators will be critical to shaping the future of general surgery devices.

The most important conclusions from the report: Global General Surgery Devices Market

• The minimally invasive surgery devices segment by product type is expected to grow at a CAGR of 7.3% on the market for general surgery devices due to the growing demand for procedures that offer reduced recovery times, minimal scarring, and shorter hospital stays. These devices, including laparoscopes, endoscopes, and robotic-assisted surgical systems, are improving surgical precision and patient outcomes, driving their global adoption as both healthcare providers and patients seek less invasive treatment options.
• By indication, orthopedic surgery dominated the general surgery equipment market with a significant revenue share of 20.3%, driven by the increasing number of musculoskeletal disorders and injuries worldwide. Demand for orthopedic surgical devices, such as joint implants, orthobiologicals, and surgical instruments, is driven by an aging population and sports injuries. Technological advances in implant materials and surgical techniques have also contributed to the segment’s growth, improving patient mobility and quality of life after surgery.
• The specialty clinic segment of the general surgery devices market is expected to be the second largest, with a revenue share of 21.8% in 2023. due to the growing specialization and demand for outpatient surgical procedures. These clinics offer specialized expertise and advanced equipment for specific surgical interventions, catering to the needs of the growing number of patients seeking specialized care outside the traditional hospital setting. The convenience, focused expertise, and cost-effectiveness of specialty clinics are driving their significant market share.
• Asia Pacific is expected to be the second leading region in the global general surgery devices market in 2023 due to rapid economic development, expansion of healthcare infrastructure, and growth in healthcare expenditure in countries such as China, India, and Japan. Rising incidence of chronic diseases, demographic shift towards aging population, and increasing emphasis on improving surgical outcomes are driving the demand for advanced surgical devices in the region, contributing to the significant market growth.

Key Events: Global General Surgery Devices Market

• In February 2023, OSSIO, Inc., a company specializing in orthopedic fixation technology, introduced its latest innovation: the OSSIOfiber Compression Staple. This new product represents a significant advancement in orthopedic surgery, providing surgeons with improved biointegrative compression.
• In April 2017, Intuitive Surgical, Inc. received CE certification for its da Vinci X Surgical System, which offers robotic surgery at a more affordable price point. The introduction of affordable, technologically advanced devices is expected to have a significant impact on the market.

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The most important companies operating in the global general surgery devices market are listed below:

• B.Braun Melsungen AG
• BD
• CooperSurgical, Inc.
• Hangzhou Kangji Medical Instrument Co., Ltd
• Intuitive Surgical Inc.
• Janssen Pharmaceutical
• KARL STORZ GmbH & Co. KG
• Medtronic
• Olympus America Inc.
• Richard Wolf GmbH
• Smith+Nephew
• Stryker Corporation
• Zhejiang Geyi Medical Instrument Co., Ltd
• Other industry participants

Global General Surgery Devices Market

By product type

• Portable devices
  • Scalpels
  • Ticks
  • Shears
  • Retractors
    • Deaver retractor
    • Army-Navy Retractor
    • Weitlaner’s dilator
    • Bookwalter’s Unwinder
    • Richardson’s retractor
  • Needle and seam
  • Clamps
  • Others
• Electrosurgical devices
• Devices for minimally invasive surgery
  • Laparoscopes
  • Endoscopes
  • Trocars
  • Insufflation devices
  • Others
• Surgical sutures and staplers
• Energy based devices
  • Laser-based devices
  • Radio Frequency Devices
  • Ultrasonic devices
  • Others
• Others

As indicated

• Orthopedic surgery
• Cardiology
• Wound treatment
• Neurosurgery
• Gynecology and Urology
• Plastic and reconstructive surgery
• Chest surgery
• Others

By the end user

• Hospitals
• Outpatient Surgery Centers
• Specialist clinics
• Outpatient centers
• Others

By region

• North America (USA, Canada, Mexico, rest of North America)
• Europe (France, United Kingdom, Spain, Germany, Italy, Nordic countries (Denmark, Finland, Iceland, Sweden, Norway), Benelux Union (Belgium, Netherlands, Luxembourg), rest of Europe)
• Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Indonesia, Thailand, Malaysia, Singapore, rest of Southeast Asia), rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, rest of Middle East and Africa)
• Latin America (Brazil, Argentina, rest of Latin America)

Consult our expert:

Jay Reynolds

Niche research

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