Global Hand-held Surgical Instruments Market

Hand-held Surgical Instruments Market Size, Share, Growth Analysis, By Product(Forceps, Retractors, Dilators, Graspers), By Application(Neurosurgery, Cardiovascular, Orthopedic, Plastic), By End-User(Hospitals, Clinics, Ambulatory Surgical Centers, Others), By Region - Industry Forecast 2024-2031

Report ID: SQSG35A2034 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 99 | Figures: 76

Hand-held Surgical Instruments Market News

  • In July 2022, announcing a strategic relationship with Kefar Sava, Israel-based CathWorks, a privately held business with the goal of revolutionizing the diagnosis and treatment of coronary artery disease (CAD), Medtronic plc, a pioneer in healthcare technology, said it has signed the deal.
  • In May 2022, the breakthrough devices used in sinus treatments to enhance post-operative outcomes and treat nasal polyps have been added to Medtronic plc's entire ear, nose, and throat (ENT) portfolio with the completion of the company's purchase of Intersect ENT, according to the announcement.
$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Hand-held Surgical Instruments Market size was valued at USD 5.08 billion in 2019 and is poised to grow from USD 5.2 billion in 2023 to USD 9.6 billion by 2031, growing at a CAGR of 7.2% in the forecast period (2024-2031).

The hand-held surgical instruments market is relatively fragmented, with a high level of competition. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions. 'Johnson and Johnson Private Limited', 'B. Braun Melsungen AG', 'Integra LifeSciences Corporation', 'Medtronic plc', 'Stryker Corporation', 'Zimmer Biomet Holdings, Inc.', 'Smith & Nephew plc', 'Conmed Corporation', 'KLS Martin Group', 'MicroAire Surgical Instruments LLC', 'CooperSurgical Inc.', 'Becton, Dickinson and Company', 'Boston Scientific Corporation', 'Cook Medical LLC', 'Olympus Corporation', 'Richard Wolf GmbH', 'Teleflex Incorporated', 'Terumo Corporation', 'Wexler Surgical', 'Karl Storz SE & Co. KG'

Over the next years, the need for cosmetic operations will propel the expansion of the hand-held surgical instrument market. Additionally, the aged population is projected to grow quickly in the next years, which will have a substantial impact on market revenue overall. Additionally, improvements in interface and instrument design will enable doctors to get more use out of their devices, spurring market expansion.

All throughout the world, there are a lot of surgical operations performed. This is another factor that is most likely to propel the sector in the next years. A growing market for handheld surgical devices might be developed as a result of rising traffic accident rates, particularly in developing countries where the population is aging. The industry is expanding as a result of greater efforts to educate women and raise awareness of their health.

In terms of market share and revenue, North America now dominates the hand-held surgical instruments market. This is because chronic illnesses are becoming more common and healthcare services are becoming more inventive. About 133 million Americans suffer from chronic illnesses, accounting for more than 40% of the nation's population and being typically incurable and continuous. It is anticipated that by 2020, there would be 157 million people worldwide, 81 million of whom will have various illnesses. Around 8% of children aged 5 to 17 reported having limited activities because of at least one chronic illness or impairment, while around 50% of adults report having a chronic condition. More and more people are dealing with two or more chronic diseases, rather than just one, like diabetes, heart disease, or depression. Almost one-third of people today are dealing with several chronic illnesses.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

Click here right-arrow
logo-images

Related Reports

Surgical Devices Market
Buy Now GET FREE SAMPLE
Surgical Instruments Tracking Systems Market
Buy Now GET FREE SAMPLE
Laparoscopic Instruments Market
Buy Now GET FREE SAMPLE
Microsurgical Instruments Market
Buy Now GET FREE SAMPLE
General Surgery Devices Market
Buy Now GET FREE SAMPLE
Laparoscopic Devices Market
Buy Now GET FREE SAMPLE
Surgical Microscope Market
Buy Now GET FREE SAMPLE
Stereotactic Surgery Devices Market
Buy Now GET FREE SAMPLE

Feedback From Our Clients

Global Hand-held Surgical Instruments Market

Report ID: SQSG35A2034

$5,300
BUY NOW GET FREE SAMPLE