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General surgery devices are used in gastrointestinal problems, trauma and burn care, hernias, and breast cancer. These devices are employed in several sub-specialties of general surgery such as orthopedics, obstetrics, neurology, urology, cardiovascular, and gynecology. The key purpose of general surgery devices is to cut, clamp, grasp, tie, and spread anatomical parts of the human body during surgical procedures. These devices are deployed primarily in hospitals, small clinics, and health care centers.
The increasing number of geriatric patients worldwide, awareness among patients about different surgeries and minimally invasive procedures, technological developments in surgical procedures such as robotic and power-assisted systems are factors likely to fuel the general surgery devices market in the next few years. One of the technological developments is that the market is witnessing preference to minimally invasive procedures and use of robotics and computer-assisted devices, thereby reducing time required for surgery as well as complications. This has opened new avenues for growth of the global general surgery devices market. Market players are competing with one another with new product launches, expanding geographic presence, and innovative and educational offerings. However, the market is also facing challenges such as development of other non-invasive surgery technologies and intense competition among existing manufacturers of general surgery devices. Moreover, factors such as product recalls, government regulations regarding reduction in overall health care costs, and subsequent increase in bulk purchasing through INHs (Integrated Health Networks) and GPOs (group purchasing organizations) are restraining the market.
The general surgery market have been segmented by product, application, and geography. In terms of product, it can be segmented into disposable surgical supplies, reusable, minimally invasive surgery instruments, energy-based and power devices, adhesion prevention products, and medical robotics and computer-assisted surgery devices. Among them, the disposable surgical supplies segment leads the market, due to rising demand for disposable needles, syringes, and catheters.
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Geographically, the general surgery devices market can be classified into North America (U.S. and Canada), Europe (Germany, France, the U.K., etc.), Asia Pacific (Australia, China, Japan, and India), Latin America, and Middle East & Africa. The emerging markets in Asia Pacific, Latin America, and Middle East & Africa are expected to witness robust growth during the forecast period. North America leads the global market, holding the maximum share. This can be attributed to strong policy support of governments, favorable reimbursement policies, and the increase in demand for surgeries led by lifestyle-related diseases in the region. However, in terms of growth rate, Asia Pacific is likely to surpass all other regions in the next few years, due to the increasing expenditure on health care in developing countries of the region. Some of the prominent markets in Asia Pacific are India, Japan, China, Australia, and Singapore.
Some of the key players operating in the global market for general surgery devices are B. Braun Melsungen AG, Boston Scientific Corporation, Smith & Nephew, Covidien Plc (Medtronic), Integra LifeSciences, Conmed Corporation, 3M Healthcare, CareFusion Corporation Ethicon, Inc. (Johnson & Johnson), Integra LifeSciences, Erbe Elektromedizin GmbH, TransEnterix, Inc., and Integer Holdings Corporation.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
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Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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