Disposable Surgical Devices Market Size to Touch USD 11.1 Billion at 8.50% CAGR by 2032
Research Reports
Nov 13, 2023
Disposable Surgical Devices Market Research Report: Information By Product (Surgical Sutures & Staplers, Handheld Surgical Devices and Electrosurgical Devices), By Application (Neurosurgery, Plastic & Reconstructive Surgery, Wound Closure, Obstetrics & Gynecology, Cardiovascular, Orthopedic, General Surgery, and Others) And By Region (North America, Europe, Asia-Pacific, And the Rest Of The World) –Market Forecast Till 2032.
According to MRFR analysis, the Disposable Surgical Devices Market is expected to register a CAGR of 8.50% from 2023 to 2032 and hold a value of over USD 11.1 Billion by 2032.
An important part of this approach is using disposable surgical instruments, which lower the possibility of infection and cross-contamination. Healthcare-associated infections (HAIs) are a major problem in the medical field because they lengthen hospital stays, cause patient morbidity, and raise expenditures. Disposable surgical instruments are essential in healthcare settings because they help lower the prevalence of HAIs. Diabetes, obesity, and cardiovascular disorders are among the chronic diseases that are becoming more common. Additionally, there is a growing need for specialized surgical devices made for minimally invasive operations because of patients’ desire for these techniques’ smaller incisions, lower scars, and faster recovery times. The growing incidence of chronic illnesses such as urological, neurological, cardiovascular, and infectious diseases is anticipated to expand the market. One of the main causes of the global increase in surgical procedures is the increased prevalence of diseases, including cancer, diabetes, and other autoimmune disorders.
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The availability of high-precision surgical instruments and technological developments in general surgery devices is projected to propel market expansion. Devices for general surgery are made to help with various surgical procedures, increase accuracy, lower patient risks, and improve overall surgical results. Positive healthcare results and patient safety are closely associated with infection control. Prioritizing patient safety, healthcare professionals and hospitals work to reduce the risk of surgery site infection and other consequences. More advanced and effective surgical instruments have been created because of technological developments. Improvements in surgical techniques have led to better patient outcomes and shortened recovery periods. As a result, the aging population, increased prevalence of chronic diseases, and technology improvements contribute to the general surgery equipment industry’s growth trajectory and increasing consumer demand.
Segmentation
Handheld surgical devices, electrosurgical devices, and surgical sutures and staplers are included in the product-based market segmentation of disposable surgical devices.
Based on application, the disposable surgical devices industry is divided into general surgery, orthopedics, cardiology, neurosurgery, wound closure, obstetrics and gynecology, and others.
Key Players
Some of the key market players are: B. Braun Melsungen AG; Smith & Nephew plc; Zimmer Biomet; Alcon Laboratories, Inc.; Aspen Surgical; Medtronic; Becton; Dickinson and Company; Ethicon; CooperSurgical Inc.; Surgical Innovations.
Regional Analysis
Due to its strong healthcare system, large surgical volume, and strict infection control regulations, which fuel demand for these instruments in surgical procedures, North America leads the world market for disposable surgical equipment. An elevated focus on patient safety, technical improvements, and a well-established system of healthcare facilities further reinforces North America’s standing as the primary marketplace for disposable surgical equipment.
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Tobacco, alcohol, unhealthy eating patterns, and sedentary lifestyles are the main causes of Europe’s rising illness burden. Disposable surgical instruments are used more easily when surgical techniques treat and manage certain disorders. The demand for these tools is expected to rise due to a significant increase in the number of surgeries conducted due to an increase in the incidence of chronic diseases.
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