Surgical Devices Companies

Surgical Devices Market Competitive Landscape

A diverse blend of firms, including large MNCs and smaller companies, characterize the competitive landscape of the global surgical devices market. Leading medical devices manufacturers like Medtronic, Stryker Corporation, Johnson and Johnson, and Zimmer Biomet Holdings offer a variety of products, have a strong awareness of brand, and an expansive global presence. These companies often offer a wide range of surgical devices, spanning from basic instruments to highly specialized tools and advanced robotic systems.

Top Player’s Company Profile

Olympus Corporation

Zimmer Biomet Holdings Inc.

Becton, Dickinson and Company (BD)

Johnson & Johnson

Stryker Corporation

Boston Scientific Corporation

Medtronic plc

Intuitive Surgical Inc.

Ethicon (a subsidiary of Johnson & Johnson)

Karl Storz SE & Co. KG

Smith & Nephew plc

Abbott Laboratories

Conmed Corporation

Cook Medical Inc.

Teleflex Incorporated

Terumo Corporation

B. Braun Melsungen AG

Siemens Healthineers

GE Healthcare

NuVasive Inc.

FAQs

Surgical Devices Market size was valued at USD 15.50 billion in 2022 and is poised to grow from USD 16.96 billion in 2023 to USD 34.80 billion by 2031, growing at a CAGR of 9.4% in the forecast period (2024-2031).

A diverse blend of firms, including large MNCs and smaller companies, characterize the competitive landscape of the surgical devices market. Leading medical devices manufacturers like Medtronic, Stryker Corporation, Johnson and Johnson, and Zimmer Biomet Holdings offer a variety of products, have a strong awareness of brand, and an expansive presence. These companies often offer a wide range of surgical devices, spanning from basic instruments to highly specialized tools and advanced robotic systems. 'Olympus Corporation', 'Zimmer Biomet Holdings Inc.', 'Becton, Dickinson and Company (BD)', 'Johnson & Johnson', 'Stryker Corporation', 'Boston Scientific Corporation', 'Medtronic plc', 'Intuitive Surgical Inc.', 'Ethicon (a subsidiary of Johnson & Johnson)', 'Karl Storz SE & Co. KG', 'Smith & Nephew plc', 'Abbott Laboratories', 'Conmed Corporation', 'Cook Medical Inc.', 'Teleflex Incorporated', 'Terumo Corporation', 'B. Braun Melsungen AG', 'Siemens Healthineers', 'GE Healthcare', 'NuVasive Inc.'

A rise in the incidence rate of chronic diseases, such as cardiovascular ailments, cancer, and orthopedic issues, has fueled the necessity for surgical therapies, which in turn leads to market growth. Surgical equipment can give efficient diagnosis, therapy, and management of a long list of illnesses, highlighting its importance in the healthcare industry.

Minimally Invasive Procedures: There is room for a widespread expansion in the potential of minimally invasive surgical methods. The benefits of these procedures, including expedited recuperation periods, less postoperative pain, and shortened hospital stays make it appealing in the eyes of medical experts and patients alike. As a result, the surgical tools market which produces the goods that are designed to make minimally invasive procedures easier, is booming.

North America traditionally holds the position of the largest regional market in the surgical devices industry. The United States, being a major player in the healthcare sector, plays a significant role within this region. The adoption of advanced surgical techniques and technologies, coupled with a well-established healthcare infrastructure, contributes to North America's leadership in the market.

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Surgical Devices Market Size, Share, Growth Analysis, By Product(Electrosurgical Devices, Laparoscopic Devices, Wound Closure Devices, Trocars & Access Devices), By Application(Cardiovascular, Neurology, Orthopedics, Urology and Gynecology), By Region - Industry Forecast 2024-2031

Surgical Devices Market Competitive Landscape

Surgical Devices Market Report Snapshots

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Surgical Devices Market Size, Share, Growth Analysis, By Product(Electrosurgical Devices, Laparoscopic Devices, Wound Closure Devices, Trocars & Access Devices), By Application(Cardiovascular, Neurology, Orthopedics, Urology and Gynecology), By Region - Industry Forecast 2024-2031

Surgical Devices Market Competitive Landscape

Surgical Devices Market Report Snapshots

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