Surgical Devices Market

Posted by ahila on May 1st, 2018

Surgical Devices Market: Surgical devices refer to the medical devices used to cutting, dilating, grasping, holding, and fulgurate the body tissues during the surgical procedures. Some surgical devices are designed for general use in surgery, while others are designed for a specific procedure or surgery. Surgical devices are used for various surgical procedures such as reconstructive and plastic surgeries and wound closures. These are commonly used in various therapeutic areas such as urology, neurology, cardiovascular medicine, orthopaedics, obstetrics, and gynaecology, etc. Over time, many different kinds of surgical instruments and tools have been invented. Due to technological advancements majority of the surgical devices has computerized. The surgical devices categorized into different tools like powered devices, mechanical cutters, graspers, retractors, distractors, tubes and suction tips,  measurement tools, specula or dilators, tyndallers and among others

 Global Market Outline: Surgical Devices Market

 The global surgical devices market is expected to grow at a significant CAGR due to increase in the global population, and rise in the prevalence of various chronic diseases such as cancer, diabetes etc. Rise in demand for surgical tools due to increase in surgical procedures, increase in healthcare expenditure, increase in demand for plastic and reconstructive surgery, and rise in technological development leading to product innovations are the major factors fuel the growth of surgical devices market over the forecast period. Moreover, the favourable government policies for the manufacturing of surgical devices, the presence of numerous risk factors, such as hypertension, smoking, obesity, and diabetes, has led to the high prevalence of cardiovascular diseases and using of robotic systems might fuel the global surgical devices market over the forecast period. However, stringent government regulations, price competition in the industry and lack of proper reimbursement for surgical equipment may hamper the surgical devices market growth over the forecast period. Similarly, a rise in preference for advanced wound closure materials like fibrin sealants, implementation of acts like Patient Protection and Affordable Care Act (PPACA) in U.S., and Side effects with the products that lead to product recalls might hinder the growth of global surgical devices market.

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Surgical devices market segmented on the basis of product type, application, and end user

Based on product-type surgical devices market has been segmented into the following:

  • Surgical Sutures and Staples

o    Surgical Sutures

o    Surgical Staples

  • Handheld Surgical equipment

o    Forceps and Spatulas

o    Retractors

o    Dilators

o    Graspers

o    Auxiliary Instruments

  • Clamps
  • Cannulas
  • Closure Devices

o    Cutter Instruments

  • Trocars
  • Lancets
  • Scissors

o    Others

  • Electrosurgical Devices

Based on the application surgical devices market has been segmented into the following:

  • Neurosurgery
  • Plastic and Reconstructive Surgeries
  • Wound Closure
  • Obstetrics and Gynaecology
  • Urology
  • Microvascular
  • Thoracic Surgery
  • Cardiovascular
  • Orthopaedic Surgery
  • Laparoscopy
  • Others

Based on end-user surgical devices market has been segmented into the following:

  • Hospitals
  • Clinics
  • Ambulatory surgical centers


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