PUBLISHER: The Business Research Company | PRODUCT CODE: 1707018
PUBLISHER: The Business Research Company | PRODUCT CODE: 1707018
Surgical hooks serve as specialized medical instruments employed during surgical procedures to manipulate tissues, organs, or internal structures of the body. These tools typically feature a shaft, either curved or straight, with a hook that can be sharp or blunt at its end. Their design emphasizes precision, enabling surgeons to execute precise maneuvers while minimizing tissue trauma.
In the surgical hooks market, the primary materials include titanium alloy, stainless steel, and plastic. Titanium alloy hooks are crafted from a combination of titanium and other metals, offering attributes such as lightweight construction, robustness, and high resistance to corrosion. These hooks are available in reusable and disposable varieties, catering to diverse applications across hospitals, clinics, and other healthcare settings.
The surgical hooks market research report is one of a series of new reports from The Business Research Company that provides surgical hooks market statistics, including the surgical hooks industry global market size, regional shares, competitors with surgical hooks market share, detailed surgical hooks market segments, market trends, and opportunities, and any further data you may need to thrive in the surgical hooks industry. These surgical hooks market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The surgical hooks market size has grown rapidly in recent years. It will grow from $0.86 billion in 2024 to $0.96 billion in 2025 at a compound annual growth rate (CAGR) of 11.3%. The growth in the historic period can be attributed to rising in obesity rates, rising aging population, rising demand for minimally invasive surgeries, surge in healthcare expenditure, and increasing adoption of outpatient surgeries.
The surgical hooks market size is expected to see rapid growth in the next few years. It will grow to $1.45 billion in 2029 at a compound annual growth rate (CAGR) of 11.0%. The growth in the forecast period can be attributed to increasing demand for surgeries, higher incidence of chronic diseases, increasing minimally invasive surgeries, increasing demand for surgical hook, and advancements in robotic surgery. Major trends in the forecast period include technological advancements, integration of smart technologies, advancements in surgical hook materials, expansion in emerging markets, and emphasis on precision and ergonomics.
The growing number of minimally invasive surgical procedures is expected to drive the expansion of the surgical hooks market. This increase is largely attributed to advancements in medical technology, which have led to the development of more sophisticated and precise surgical instruments. Surgical hooks play a key role in minimally invasive surgeries by providing accurate tissue retraction and manipulation, allowing for precise surgical movements through smaller incisions. For example, in June 2024, the American Society of Plastic Surgeons, a US-based surgical organization, reported that neuromodulator injections were the most commonly performed minimally invasive procedure in 2023. The total number of neuromodulator injection surgeries in the United States increased from 8,694,000 in 2022 to 9,480,949 in 2023, marking a 9% rise. As a result, the increasing number of minimally invasive surgeries is driving the growth of the surgical hooks market.
Companies in the surgical hooks market are strategically investing to enhance their product portfolios and manufacturing capabilities. This strategic focus helps them meet the growing demand for advanced surgical instruments and maintain their competitiveness. For example, in January 2024, Surgical Instruments Group Holdings Ltd. announced plans to establish a healthcare device manufacturing facility in Hyderabad with an initial investment of Rs.231.5 crore ($27.7 million). This facility will manufacture a range of surgical instruments, including those used in minimally invasive surgeries and orthopedic procedures.
In August 2023, Steris plc acquired surgical instrumentation assets from BD, further expanding its product offerings in orthopedic and general surgery instruments. This strategic acquisition underscores the company's commitment to strengthening its position in the surgical instrument market.
Major companies operating in the surgical hooks market are Johnson & Johnson, Medtronic plc, Becton, Dickinson and Company, Medline Industries Inc., B. Braun Medical Inc., Zimmer Biomet Holdings Inc., Smith & Nephew plc, CooperSurgical Inc., Arthrex GmbH, Integra LifeSciences Holdings Corporation, KLS Martin SE & Co., AtriCure Inc, Titan Medical Inc., Hu-Friedy Manufacturing Company LLC, Aspen Surgical Products Inc., MORIA SA, Sklar Surgical Instruments, Pelican Feminine Healthcare Ltd., Thompson Surgical Instruments Inc., BOSS Instruments Ltd., Timesco Healthcare Ltd, TeDan Surgical Innovations, Inami & Co. Ltd., Aygun Surgical Instruments, Eastern Surgical Company
North America was the largest region in the surgical hooks market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surgical hooks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the surgical hooks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The surgical hooks market consists of sales of skin hooks, bone hooks, nerve hooks, and retractor hooks. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Surgical Hooks Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on surgical hooks market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for surgical hooks ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The surgical hooks market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.