General Surgery Devices Market by Type, Application, End-use

List of Tables

The General Surgery Devices Market was valued at USD 17.84 billion in 2023, expected to reach USD 18.94 billion in 2024, and is projected to grow at a CAGR of 6.67%, to USD 28.04 billion by 2030.

The market for general surgery devices encompasses a wide array of instruments and equipment used across various surgical procedures. The scope of this market includes devices used in procedures such as laparoscopy, laparotomy, cardiovascular surgery, and many others, highlighting their necessity in improving surgical outcomes and facilitating minimally invasive techniques. These devices serve in applications from diagnostics to therapeutic procedures, catering to end-users such as hospitals, ambulatory surgical centers, and clinics. Key growth drivers include the increasing prevalence of chronic diseases that require surgical intervention, technological advancements like robotic surgery, and growing demand for minimally invasive surgeries. Additionally, the rising geriatric population globally enhances the demand for surgeries, thereby bolstering market growth. Opportunities in the market are tied to the development of AI-augmented devices and smart surgical systems that enhance precision. Expanding markets in emerging economies represent a lucrative opportunity, driven by medical tourism and increasing healthcare infrastructure investments. However, the market faces limitations from stringent regulatory requirements, high costs of advanced devices, and a shortage of skilled surgeons proficient in using high-tech equipment. Challenges also emerge from high transparency expectations and the need for constant innovation amid rapidly evolving technologies, which can restrain market progress. Innovation is best pursued in areas such as improving the integration of robotics and AI for enhanced visualizations and decision-making in surgeries, developing cost-effective yet advanced technologies for wider accessibility, and refining materials for surgical devices to eliminate sterility issues. The market landscape remains competitive, yet is marked by rapid innovation and consolidation trends, demanding agile strategies from market players. Market growth insights suggest a focus on partnerships with tech companies and adaptive strategies to navigate regulatory frameworks could be pivotal for leveraging these emerging opportunities successfully.

KEY MARKET STATISTICS
Base Year [2023]	USD 17.84 billion
Estimated Year [2024]	USD 18.94 billion
Forecast Year [2030]	USD 28.04 billion
CAGR (%)	6.67%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving General Surgery Devices Market

The General Surgery Devices Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

Market Drivers
- Increasing prevalence of chronic diseases requiring surgical intervention
- Improvements and expansions in healthcare infrastructure in developing countries
- Growing need for less invasive surgical procedures devices
Market Restraints
- High cost associated with the advanced surgical devices
Market Opportunities
- Smart surgical devices that use artificial intelligence and the Internet of Things
- Continuing to advance surgical robotics with high precision and control
Market Challenges
- Stringent regulations governing the approval of medical devices

Porter's Five Forces: A Strategic Tool for Navigating the General Surgery Devices Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the General Surgery Devices Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the General Surgery Devices Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the General Surgery Devices Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the General Surgery Devices Market

A detailed market share analysis in the General Surgery Devices Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the General Surgery Devices Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the General Surgery Devices Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the General Surgery Devices Market

A strategic analysis of the General Surgery Devices Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the General Surgery Devices Market, highlighting leading vendors and their innovative profiles. These include 3M Company, Abbott Laboratories, B. Braun Melsungen AG, Becton, Dickinson, and Company, Cardinal Health, Inc., Carl Zeiss Meditec AG, CooperSurgical, Inc., Delta Med S.p.A., Ecolab Inc., Globus Medical, Inc., Henry Schein, Inc., Innomed, Inc., Johnson & Johnson Services Inc, Koninklijke Philips N.V., Medica Europe B.V., Medtronic PLC, Olympus Corporation, Schott AG, Siemens Healthcare GmbH, Smith & Nephew PLC, Stryker Corporation, Teleflex Incorporated, and Thermo Fisher Scientific Inc..

Market Segmentation & Coverage

This research report categorizes the General Surgery Devices Market to forecast the revenues and analyze trends in each of the following sub-markets:

Based on Type, market is studied across Adhesion Prevention Products, Disposable Surgical Supplies, Energy-based & Powered Instrument, Medical Robotics & Computer-Assisted Surgery Devices, Minimally Invasive Surgery Instruments, and Open Surgery Instrument. The Disposable Surgical Supplies is further studied across Examination & Surgical Gloves, General Surgery Procedural Kits, Needles and Syringes, Surgical Non-woven, and Venous Access Catheters. The Surgical Non-woven is further studied across Disposable Surgical Masks, Surgical Caps, Surgical Drapes, and Surgical Gowns. The Energy-based & Powered Instrument is further studied across Drill System and Powered Staplers. The Minimally Invasive Surgery Instruments is further studied across Laparoscope and Organ Retractor. The Open Surgery Instrument is further studied across Catheters, Dilator, and Retractor.
Based on Application, market is studied across Audiology, Cardiology, Neurosurgery, Ophthalmology, Orthopedic Surgery, Plastic Surgery, Thoracic Surgery, Urology & Gynecology Surgery, and Wound Care.
Based on End-use, market is studied across Ambulatory Surgical Centers, Hospitals, and Specialty Clinics.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Product Code: MRR-99555D55052D

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing prevalence of chronic diseases requiring surgical intervention
  - 5.1.1.2. Improvements and expansions in healthcare infrastructure in developing countries
  - 5.1.1.3. Growing need for less invasive surgical procedures devices
- 5.1.2. Restraints
  - 5.1.2.1. High cost associated with the advanced surgical devices
- 5.1.3. Opportunities
  - 5.1.3.1. Smart surgical devices that use artificial intelligence and the Internet of Things
  - 5.1.3.2. Continuing to advance surgical robotics with high precision and control
- 5.1.4. Challenges
  - 5.1.4.1. Stringent regulations governing the approval of medical devices
5.2. Market Segmentation Analysis
- 5.2.1. Type: Ongoing advancements in energy-based & powered instrument to improve precision and reduced blood loss during procedures
- 5.2.2. End-use: Hospitals prefer surgical devices with versatility and advanced technology
5.3. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

6. General Surgery Devices Market, by Type

6.1. Introduction
6.2. Adhesion Prevention Products
6.3. Disposable Surgical Supplies
- 6.3.1. Examination & Surgical Gloves
- 6.3.2. General Surgery Procedural Kits
- 6.3.3. Needles and Syringes
- 6.3.4. Surgical Non-woven
  - 6.3.4.1. Disposable Surgical Masks
  - 6.3.4.2. Surgical Caps
  - 6.3.4.3. Surgical Drapes
  - 6.3.4.4. Surgical Gowns
- 6.3.5. Venous Access Catheters
6.4. Energy-based & Powered Instrument
- 6.4.1. Drill System
- 6.4.2. Powered Staplers
6.5. Medical Robotics & Computer-Assisted Surgery Devices
6.6. Minimally Invasive Surgery Instruments
- 6.6.1. Laparoscope
- 6.6.2. Organ Retractor
6.7. Open Surgery Instrument
- 6.7.1. Catheters
- 6.7.2. Dilator
- 6.7.3. Retractor

7. General Surgery Devices Market, by Application

7.1. Introduction
7.2. Audiology
7.3. Cardiology
7.4. Neurosurgery
7.5. Ophthalmology
7.6. Orthopedic Surgery
7.7. Plastic Surgery
7.8. Thoracic Surgery
7.9. Urology & Gynecology Surgery
7.10. Wound Care

8. General Surgery Devices Market, by End-use

8.1. Introduction
8.2. Ambulatory Surgical Centers
8.3. Hospitals
8.4. Specialty Clinics

9. Americas General Surgery Devices Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific General Surgery Devices Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa General Surgery Devices Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. Market Share Analysis, 2023
12.2. FPNV Positioning Matrix, 2023
12.3. Competitive Scenario Analysis
- 12.3.1. FDA Approval Granted to Virtual Incision's MIRA: The First Miniaturized Robotic-Assisted Surgery System for Colectomies
- 12.3.2. RTI Surgical Expands Portfolio with Strategic Acquisition of Cook Biotech
- 12.3.3. Johnson & Johnson MedTech Announces Launch Schedule for Innovative General Surgery Robot
12.4. Strategy Analysis & Recommendation

Companies Mentioned

1. 3M Company
2. Abbott Laboratories
3. B. Braun Melsungen AG
4. Becton, Dickinson, and Company
5. Cardinal Health, Inc.
6. Carl Zeiss Meditec AG
7. CooperSurgical, Inc.
8. Delta Med S.p.A.
9. Ecolab Inc.
10. Globus Medical, Inc.
11. Henry Schein, Inc.
12. Innomed, Inc.
13. Johnson & Johnson Services Inc
14. Koninklijke Philips N.V.
15. Medica Europe B.V.
16. Medtronic PLC
17. Olympus Corporation
18. Schott AG
19. Siemens Healthcare GmbH
20. Smith & Nephew PLC
21. Stryker Corporation
22. Teleflex Incorporated
23. Thermo Fisher Scientific Inc.