General Surgery Devices Market Trends

Skyquest Technology's expert advisors have carried out comprehensive research on the general surgery devices market to identify the major global and regional market trends and growth opportunities for leading players and new entrants in this market. The analysis is based on in-depth primary and secondary research to understand the major market drivers and restraints shaping the future development and growth of the industry.

General Surgery Devices Market Dynamics

General Surgery Devices Market Drivers

Growing Number of Surgical Procedures

  • The overall volume of surgical procedures performed globally is increasing. Factors such as the expansion of healthcare infrastructure, improved access to surgical care, and the increasing need for surgical treatments contribute to the growing demand for general surgery devices.

General Surgery Devices Market Restraints

High Cost of Surgical Devices

  • General surgery devices can be expensive, especially advanced instruments and technologies. The high cost of these devices poses a restraint, particularly in regions with limited healthcare budgets or inadequate reimbursement systems, which can limit their adoption.

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Global General Surgery Devices Market size was valued at USD 17.1 billion in 2023 and is poised to grow from USD 18.52 billion in 2024 to USD 35.05 billion by 2032, growing at a CAGR of 8.3% during the forecast period (2025-2032).

Market participants in the general surgical devices sector are pursuing strategic actions to enhance market share, including product development, geographic expansion, introductions, mergers, and acquisitions. This is because there are considerable opportunities in developing countries. 'Johnson & Johnson (USA) ', 'Medtronic (Ireland) ', 'Stryker Corporation (USA) ', 'Becton, Dickinson and Company (USA) ', 'Boston Scientific Corporation (USA) ', 'Smith & Nephew (UK) ', 'Zimmer Biomet Holdings (USA) ', 'Olympus Corporation (Japan) ', 'Intuitive Surgical (USA) ', '3M Company (USA) ', 'B. Braun Melsungen (Germany) ', 'Terumo Corporation (Japan) ', 'Conmed Corporation (USA) ', 'Cook Medical (USA) ', 'Karl Storz GmbH & Co. KG (Germany) ', 'Teleflex Incorporated (USA) ', 'Arthrex Inc. (USA) ', 'Applied Medical Resources Corporation (USA) ', 'W. L. Gore & Associates (USA)'

The overall volume of surgical procedures performed globally is increasing. Factors such as the expansion of healthcare infrastructure, improved access to surgical care, and the increasing need for surgical treatments contribute to the growing demand for general surgery devices.

Technological Advancements: The global general surgery devices market has been witnessing significant technological advancements, leading to the development of more innovative and precise surgical devices. These advancements include robotic-assisted surgery, minimally invasive surgery, and advanced imaging technologies.

North America led the market for general surgical instruments in 2022 with a 40.0% market share, and it's expected that it will continue to hold that position during the forecast period. Favorable reimbursement policies, the existence of large market players nearby, and government efforts that make it possible to supply cutting-edge devices for surgical procedures & training sessions for doctors are the main drivers of its expansion.

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Global General Surgery Devices Market
General Surgery Devices Market

Report ID: SQMIG35A2629

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