The global Hand-held Surgical Instruments Market size was valued at USD 5.12 Billion in 2021 and is projected to reach from USD XX Billion in 2022 to USD 9.62 Billion in 2030, growing at a CAGR of 7.26% during the forecast period (2022–2030).
Hand-held Surgical Instruments Market Analysis, Size, Share, Growth, Trends, and Forecast
Hand-held Surgical Instruments Market Size
The global Hand-held Surgical Instruments Market size was valued at USD 5.12 Billion in 2021 and is projected to reach from USD XX Billion in 2022 to USD 9.62 Billion in 2030, growing at a CAGR of 7.26% during the forecast period (2022–2030).
Request a free request sample https://straitsresearch.com/report/hand-held-surgical-instruments-market/request-sample
The hand-held surgical instruments market is poised for significant growth, driven by an increasing demand for minimally invasive surgical procedures, advancements in technology, and a growing focus on patient safety. The market is highly competitive, with key players such as Medtronic, Smith & Nephew, and Zimmer Biomet Holdings dominating the landscape.
Market Catalysts for Expansion
The hand-held surgical instruments market is driven by several factors, including:
-
Increasing demand for minimally invasive surgical procedures
-
Advancements in technology, such as the development of robotic-assisted surgical systems
-
Growing focus on patient safety and reducing surgical complications
-
Expanding applications of hand-held surgical instruments in various specialties, such as neurosurgery and orthopedic surgery
Market Segment Breakdown
The hand-held surgical instruments market is segmented based on product, application, and end-user.
-
By Product: The market is segmented into forceps, retractors, dilators, graspers, scalpels, cannulas, dermatome, trocars, and others. Forceps and retractors are the most widely used hand-held surgical instruments, accounting for a significant share of the market.
-
By Application: The market is segmented into neurosurgery, orthopedic, plastic & reconstructive surgery, obstetrics, orthopedic surgery, cardiology, ophthalmology, wound care, audiology, thoracic surgery, urology & gynecology surgery, plastic surgery, and others. Neurosurgery and orthopedic surgery are the largest applications of hand-held surgical instruments, driven by an increasing number of surgical procedures in these specialties.
-
By End-Users: The market is segmented into hospitals, clinics, ambulatory surgical centers, and others. Hospitals are the largest end-users of hand-held surgical instruments, accounting for a significant share of the market.
Top Performing Companies
The hand-held surgical instruments market is highly competitive, with several key players dominating the landscape. Some of the top performing companies in the market include:
-
Medtronic
-
Smith & Nephew
-
Zimmer Biomet Holdings
-
Johnson & Johnson
-
Becton
-
CooperSurgical Inc.
-
B. Braun Melsungen AG
-
Integra LifeSciences Corporation
-
Thompson Surgical
-
KLS Martin
-
Aspen Surgical
-
Dickinson and Company
This Report is available for purchase on @https://straitsresearch.com/buy-now/hand-held-surgical-instruments-market
Emerging Prospects
The hand-held surgical instruments market is poised for significant growth, driven by emerging prospects such as:
-
Advancements in technology, such as the development of robotic-assisted surgical systems
-
Increasing demand for minimally invasive surgical procedures
-
Growing focus on patient safety and reducing surgical complications
-
Expanding applications of hand-held surgical instruments in various specialties
Industry Movements
The hand-held surgical instruments market is witnessing significant industry movements, including:
-
Mergers and acquisitions: Key players in the market are engaging in mergers and acquisitions to expand their product portfolios and strengthen their market presence.
-
Product launches: Companies are launching new and innovative hand-held surgical instruments to meet the evolving needs of surgeons and patients.
-
Partnerships and collaborations: Companies are partnering with each other and with research institutions to develop new technologies and improve existing ones.
Geographic Analysis
The hand-held surgical instruments market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is the largest market for hand-held surgical instruments, driven by a large patient population, high adoption of advanced technologies, and a well-established healthcare infrastructure.
Data Insights
The hand-held surgical instruments market is driven by a large patient population, high adoption of advanced technologies, and a well-established healthcare infrastructure. The market is poised for significant growth, driven by emerging prospects such as advancements in technology, increasing demand for minimally invasive surgical procedures, and growing focus on patient safety.
About Us:
Straits Research is a leading research and intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & research reports.
Contact Us:
Email: sales@straitsresearch.com
Address: 825 3rd Avenue, New York, NY, USA, 10022
Tel: +1 646 905 0080 (U.S.)
+91 8087085354 (India)
+44 203 695 0070 (U.K.)
Straits Research is a leading research and intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & research reports.
Contact Us:
Email: sales@straitsresearch.com
Address: 825 3rd Avenue, New York, NY, USA, 10022
Tel: +1 646 905 0080 (U.S.)
+91 8087085354 (India)
+44 203 695 0070 (U.K.)
Comments
0 comment