Surgical Equipment Market - Global Outlook and Forecast 2017-2022

  • ID: 4433687
  • Report
  • Region: Global
  • 165 pages
  • Arizton
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FEATURED COMPANIES

  • 3M
  • Collin Medical
  • Golden Stapler Surgical
  • KLS Martin
  • MicroAire
  • Siemens Healthcare
  • MORE

The global surgical equipment market is likely to cross $11 billion, growing at a CAGR of 7.9% during 2016-2022. Although the surgical procedures worldwide is a primary driving factors of the market, the launch of advanced surgical equipment both in traditional as well as electrosurgical segment will drive the market. The market is likely to witness a shift from traditional surgical sutures and staples to hand-held electrosurgical equipment. The plastic and reconstructive application segment is expected to grow at a rapid pace. North America to remain as the largest market.

Report Timeline:

  • Base Year: 2016
  • Forecast Year: 2017-2022

Major Vendors included in the report are as follows:

  • Medtronic
  • Stryker
  • CONMED
  • Johnson & Johnson
  • Zimmer Biomet

Other prominent vendors are 3M, Adeor Surgical Instruments, Arthrex, Aygun, B. Braun Melsungen, Ceterix Orthopaedics, Changzhou Haida Medical Equipment, Collin Medical, DACH Medical, De Soutter Medical, Dextera Surgical, Golden Stapler Surgical, Grena, In’Tech Medical, Karl Storz, Incisive Surgical, KLS Martin, Lotus Surgical, MEDACTA, MedicMicro, MicroAire, Nouvag, OsteoMed, Purple Surgical, Reach Surgical, Siemens Healthcare, Smith & Nephew, Stars Medical Devices, Surgical Holdings, Teleflex Medical, Waston Medical.

Scope of the Report:

The report considers the present scenario of the global surgical equipment market and its dynamic for the period 2017-2022. It includes a detailed study of growth drivers, trends, and restraints. The report also profiles the leading vendors in the market and other key vendors.

The market size is arrived at by summing up the surgical equipment based on their product type. The sales of major vendors were aggregated to arrive at an estimate of the market size in terms of revenues. An estimated 85-90% of the surgical equipment capacities are mapped and considered in the calculations.

The report takes into consideration the sale of surgical equipment and spares to the first buyers from various end-user segments, including individuals, hospitals, medical centers, and commercial clients. The sale of both straight and curved equipment was considered across various sales channels, including direct sales - online and offline. The market research report provides the details of the market size in the following segments:

Product Type

  • Surgical sutures and stapling devices
  • Hand-held
  • - Dilator
  • - Forceps and spatulas
  • - Retractors
  • - Cutter
  • - Auxiliary instruments and graspers
  • Electrosurgical equipment

Application

  • Obstetrics and gynecology
  • Orthopedics
  • Thoracic
  • Plastic and reconstructive
  • Wound closure
  • Neurology

End-users

  • Hospitals
  • ASCs
  • Clinics

Major Geographies

  • APAC
  • Europe
  • Latin America
  • MEA
  • North America

Key Countries

  • Australia
  • Brazil
  • Canada
  • China
  • France
  • Germany
  • India
  • Italy
  • Japan
  • Mexico
  • Spain
  • UK
  • US
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Note: Product cover images may vary from those shown
2 of 6

FEATURED COMPANIES

  • 3M
  • Collin Medical
  • Golden Stapler Surgical
  • KLS Martin
  • MicroAire
  • Siemens Healthcare
  • MORE

1 Research Methodology

2 Research objectives

3 Research Process

4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of Study
4.3.1 Market Segmentation by Product Type
4.3.2 Market Segmentation by Application Type
4.3.3 Market Segmentation by End-user Type
4.3.4 Market Segmentation by Geography

5 Report Assumptions & Caveats
5.1 Currency Conversion rate
5.2 Market Derivation

6 Market at a Glance

7 Introduction

8 Market Dynamics

8.1 Market Growth Enablers
8.1.1 Increasing Incidence of Surgical Procedures
8.1.2 Growing Demand for Power Tools in Surgical Procedures
8.1.3 Increasing Popularity of Minimally Invasive Techniques in Surgeries
8.1.4 Growing Usage of Advanced Surgical Stapling Devices

8.2 Market Growth Restraint
8.2.1 Complications in the Use of Surgical Equipment
8.2.2 Lack of Skilled Surgeons
8.2.3 Stringent Government Regulations and Product Recalls

8.3 MARKET OPPORTUNITIES & trends
8.3.1 Advent of Robotic Surgery Driving the Demand for Surgical Equipment
8.3.2 Increase in Demand for Aesthetic and Cosmetic Surgeries
8.3.3 Increasing M&A Activities
8.3.4 Increased Innovation

9 Need for Clinical Trials

10 Strategies Followed by Existing Vendors and New Entrants in the Market
10.1 Existing Vendors
10.2 New Entrants

11 Reimbursement Scenario
11.1 Background
11.2 Reimbursement Scenario in US
11.2.1 Medicare Reimbursement Policy
11.2.2 Private Insurance Policy
11.3 Reimbursement Scenario in Europe
11.3.1 UK
11.3.2 Germany
11.3.3 Spain
11.3.4 Italy
11.3.5 France
11.4 Reimbursement Scenario in Japan

12 Global Surgical Equipment Market

13 Global Surgical Equipment Market by Product Type
13.1 Segment Overview

14 Surgical Sutures and Staples
14.1 Market Size and Forecast
14.2 Surgical Sutures
14.2.1 Market Size and Forecast
14.3 Surgical Stapling Devices
14.3.1 Market Size and Forecast

15 Hand-held Surgical Equipment
15.1 Market Size and Forecast
15.1.1 Market Overview
15.2 Dilators
15.2.1 Market Size and Forecast
15.3 Forceps and Spatulas
15.3.1 Market Size and Forecast
15.4 Retractors
15.4.1 Market Size and Forecast
15.5 Cutter Instruments
15.5.1 Market Size and Forecast
15.6 Others (Auxiliary instruments and Graspers)
15.6.1 Market Analysis

16 Electrosurgical Devices
16.1 Market Size and Forecast

17 Global Surgical Equipment Market - by Application
17.1 Obstetrics and Gynecology Surgical Equipment
17.1.1 Market Size and Forecast
17.2 Orthopedic Surgical Equipment
17.2.1 Market Size and Forecast
17.3 Thoracic Surgical Equipment
17.3.1 Market Size and Forecast
17.4 Plastic and Reconstruction Surgical Equipment
17.4.1 Market Size and Forecast
17.5 Wound Closure Surgical Equipment
17.5.1 Market Size and Forecast
17.6 Neurosurgery Surgical Equipment
17.6.1 Market Size and Forecast
17.7 Others
17.7.1 Market Analysis

18 Surgical Equipment Market- By End-User
18.1 Surgical Equipment in Hospitals
18.1.1 Market Size and Forecast
18.1.2 Country-specific Market Impact by Hospitals in Americas
18.1.3 Country-specific Market Impact by Hospitals in EMEA
18.1.4 Country-specific Market Impact by Hospitals in APAC
18.2 Surgical Equipment in ASCs
18.2.1 Market Size and Forecast
18.2.2 Country-specific Market Impact by ASCs in Americas
18.2.3 Country-specific Market Impact by ASCs in EMEA
18.2.4 Country-specific Market Impact by ASCs in APAC
18.3 Surgical Equipment in Clinics
18.3.1 Market Size and Forecast

19 Surgical Equipment Market - By Geography
19.1 Market Overview

20 North America: Surgical Equipment Market
20.1 Market Size and Forecast
20.2 Key Countries
20.2.1 US: Market Size and Forecast
20.2.2 Canada: Market Size and Forecast

21 Latin America: Surgical Equipment Market
21.1 Market Size and Forecast
21.1.1 Mexico: Market Size and Forecast
21.1.2 Brazil: Market Size and Forecast

22 Europe: Surgical Equipment Market
22.1 Market Size and Forecast
22.2 Key Countries
22.2.1 Germany: Market Size and Forecast
22.2.2 France: Market Size and Forecast
22.2.3 UK: Market Size and Forecast
22.2.4 Italy: Market Size and Forecast
22.2.5 Spain: Market Size and Forecast

23 MEA: Surgical Equipment Market
23.1 Market Size and Forecast

24 APAC: Surgical Equipment Market
24.1 Market Size and Forecast
24.2 Key Countries
24.2.1 Japan: Market Size and Forecst
24.2.2 Australia: Market Size and Forecast
24.2.3 China: Market Size and Forecast
24.2.4 India: Market Size and Forecast

25 Competitive Landscape
25.1 Competition overview
25.2 Strategic Recommendation for Market Participants
25.3 Key News
25.3.1 Product Launches
25.3.2 Approvals
25.3.3 M&As
25.3.4 Others

26 Key Company Profiles
26.1 Medtronic
26.1.1 Key Highlights
26.1.2 Strength Assessment
26.1.3 Strategy Assessment
26.1.4 Opportunity Assessment
26.2 Stryker
26.2.1 Key Highlights
26.2.2 Strength Assessment
26.2.3 Strategy Assessment
26.2.4 Opportunity Assessment
26.3 CONMED
26.3.1 Key Highlights
26.3.2 Strength Assessment
26.3.3 Strategy Assessment
26.3.4 Opportunity Assessment
26.4 Johnson & Johnson
26.4.1 Key Highlights
26.4.2 Strength Assessment
26.4.3 Strategy Assessment
26.4.4 Opportunity Assessment
26.5 Zimmer Biomet
26.5.1 Key Highlights
26.5.2 Strength Assessment
26.5.3 Strategy Assessment
26.5.4 Opportunity Assessment

27 Other Prominent Companies
27.1 3M
27.1.1 Strategy
27.1.2 Opportunity
27.1.3 Strength
27.2 Adeor Surgical Instruments
27.2.1 Strategy
27.2.2 Opportunity
27.2.3 Strength
27.3 Arthrex
27.3.1 Strategy
27.3.2 Opportunity
27.3.3 Strength
27.4 Aygun Surgical Instruments
27.4.1 Strategy
27.4.2 Opportunity
27.4.3 Strength
27.5 B. Braun Melsungen
27.5.1 Strategy
27.5.2 Opportunity
27.5.3 Strength
27.6 Ceterix Orthopaedics
27.6.1 Strategy
27.6.2 Opportunity
27.6.3 Strength
27.7 Changzhou Haida Medical Equipment
27.7.1 Strategy
27.7.2 Opportunity
27.7.3 Strength
27.8 Collin Medical
27.8.1 Strategy
27.8.2 Opportunity
27.8.3 Strength
27.9 DACH Medical
27.9.1 Strategy
27.9.2 Opportunity
27.9.3 Strength
27.1 De Soutter Medical
27.10.1 Strategy
27.10.2 Opportunity
27.10.3 Strength
27.11 Dextera Surgical
27.11.1 Strategy
27.11.2 Opportunity
27.11.3 Strength
27.12 Golden Stapler Surgical
27.12.1 Strategy
27.12.2 Opportunity
27.12.3 Strength
27.13 Grena
27.13.1 Strategy
27.13.2 Opportunity
27.13.3 Strength
27.14 In’Tech Medical
27.14.1 Strategy
27.14.2 Opportunity
27.14.3 Strength
27.15 Incisive Surgical
27.15.1 Strategy
27.15.2 Opportunity
27.15.3 Strength
27.16 Karl Storz
27.16.1 Strategy
27.16.2 Opportunity
27.16.3 Strength
27.17 KLS Martin
27.17.1 Strategy
27.17.2 Opportunity
27.17.3 Strength
27.18 Lotus Surgical
27.18.1 Strategy
27.18.2 Opportunity
27.18.3 Strength
27.19 MEDACTA International
27.19.1 Strategy
27.19.2 Opportunity
27.19.3 Strength
27.20 MedicMicro
27.20.1 Strategy
27.20.2 Opportunity
27.20.3 Strength
27.21 MicroAire
27.21.1 Strategy
27.21.2 Opportunity
27.21.3 Strength
27.22 Nouvag
27.22.1 Strategy
27.22.2 Opportunity
27.22.3 Strength
27.23 OsteoMed
27.23.1 Strategy
27.23.2 Opportunity
27.23.3 Strength
27.24 Purple Surgical
27.24.1 Strategy
27.24.2 Opportunity
27.24.3 Strength
27.25 Reach Surgical
27.25.1 Strategy
27.25.2 Opportunity
27.25.3 Strength
27.26 Siemens Healthcare
27.26.1 Strategy
27.26.2 Opportunity
27.26.3 Strength
27.27 Smith & Nephew
27.27.1 Strategy
27.27.2 Opportunity
27.27.3 Strength
27.28 Stars Medical Devices
27.28.1 Strategy
27.28.2 Opportunity
27.28.3 Strength
27.29 Surgical Holdings
27.29.1 Strategy
27.29.2 Opportunity
27.29.3 Strength
27.3 Teleflex Medical
27.30.1 Strategy
27.30.2 Opportunity
27.30.3 Strength
27.31 Waston Medical
27.31.1 Strategy
27.31.2 Opportunity
27.31.3 Strength

28 Report Summary
28.1 Quantitative Summary of Global Surgical Equipment Market

29 Appendix
29.1 List of Abbreviations
 
List of Exhibits:
Exhibit 1 Segmentation of Surgical Equipment Market
Exhibit 2 Global Surgical Procedures by Volume (%) 2015
Exhibit 3 Global Surgical Power Tools Market 2016-2022 ($ million)
Exhibit 4 Advanced Features of Surgical Power Tools
Exhibit 5 Advantages of Minimally Invasive Surgeries
Exhibit 6 Number of Bariatric Surgeries Performed 2011-2015
Exhibit 7 Some of Major Complications Associated with Surgical Equipment
Exhibit 8 Major Factors Driving Clinical Trials
Exhibit 9 Strategies of Existing and New Vendors in the Market
Exhibit 10 Snapshot of Global Surgical Equipment Market
Exhibit 11 Global Surgical Equipment Market Overview
Exhibit 12 Global Surgical Equipment Market Size and Forecast 2016-2022 ($ million)
Exhibit 13 Global Surgical Equipment Market by Opportunity Analysis
Exhibit 14 Market Drivers and Challenges in Developed and Emerging Countries
Exhibit 15 Segment Overview
Exhibit 16 Global Surgical Equipment Market by Product Type 2016 & 2022
Exhibit 17 Positioning of Various Segments in Global Surgical Equipment Market 2016
Exhibit 18 Comparison of Growth Rates for Various Segments
Exhibit 19 Market Dynamics of Surgical Sutures and Staples
Exhibit 20 Global Surgical Sutures and Stapling Devices Market 2016-2022 ($ million)
Exhibit 21 Surgical Sutures and Stapling Devices Market Size and Forecast 2016-2022
Exhibit 22 Global Surgical Sutures Market 2016-2022 ($ million)
Exhibit 23 Global Surgical Staples Market 2016-2022 ($ million)
Exhibit 24 Classification of Hand-held Surgical Instruments
Exhibit 25 Market Dynamics of Hand-held Surgical Equipment
Exhibit 26 Global Hand-held Surgical Equipment Market 2016-2022
Exhibit 27 Hand-held Surgical Equipment Segmentation by Revenue 2016
Exhibit 28 Drivers and Challenges in Surgical Dilators Market
Exhibit 29 Global Surgical Dilators Market 2016-2022 ($ million)
Exhibit 30 Global Surgical Forceps and Spatulas Market 2016-2022 ($ million)
Exhibit 31 Drivers and Challenges in Surgical Retractors
Exhibit 32 Global Surgical Retractors Market 2016-2022 ($ million)
Exhibit 33 Drivers and Challenges in Surgical Cutter Instruments Market
Exhibit 34 Global Surgical Cutter Instruments Market 2016-2022 ($ million)
Exhibit 35 Market dynamics of Electrosurgical Equipment
Exhibit 36 Global Electrosurgical Equipment Market 2016-2022 ($ million)
Exhibit 37 Growth Rates Comparison of Surgical Equipment Applications 2017-2022
Exhibit 38 Global Surgical Equipment Market by Application 2016 & 2022
Exhibit 39 Market Growth Opportunities: Applications of Surgical Equipment
Exhibit 40 Global Obstetrics and Gynecology Surgical Equipment Market 2016-2022 ($ million)
Exhibit 41 Obstetrics and Gynecology Surgical Equipment Market 2016-2022 ($ million)
Exhibit 42 Thoracic Surgical Equipment Market 2016-2022 ($ million)
Exhibit 43 Global Plastic and Reconstruction Surgical Equipment Market 2016-2022 ($ million)
Exhibit 44 Wound Closure Surgical Equipment Market 2016-2022 ($ million)
Exhibit 45 Neurosurgery Equipment Market 2016-2022 ($ million)
Exhibit 46 Classification of Surgical Equipment Market by End-user
Exhibit 47 Global Surgical Equipment Market by End-user 2016 & 2022
Exhibit 48 Growth Rates Comparison of Surgical Equipment End-users Market 2017-2022
Exhibit 49 Global Surgical Equipment Market Segmentation by End-users 2016-2022 ($ million)
Exhibit 50 Global Surgical Equipment Market by Hospitals 2016-2022 ($ million)
Exhibit 51 Global Surgical Equipment Market by ASCs 2016-2022 ($ million)
Exhibit 52 Global Surgical Equipment Market by Clinics 2016-2022 ($ million)
Exhibit 53 Global Surgical Equipment Market by Geography
Exhibit 54 Growth Rate Comparison of Geographies 2017-2022
Exhibit 55 Global Surgical Equipment Market by Geography 2016 & 2022
Exhibit 56 Positioning of Various Geographical Segments
Exhibit 57 Surgical Equipment Market in North America 2016-2022 ($ million)
Exhibit 58 Surgical Equipment Market in US 2016-2022 ($ million)
Exhibit 59 Surgical Equipment Market in Canada 2016-2022 ($ million)
Exhibit 60 Surgical Equipment Market in Latin America 2016-2022 ($ million)
Exhibit 61 Surgical Equipment Market in Mexico 2016-2022 ($ million)
Exhibit 62 Surgical Equipment Market in Brazil 2016-2022 ($ million)
Exhibit 63 Surgical Equipment Market in Eerope 2016-2022 ($ million)
Exhibit 64 Surgical Equipment Market in Germany 2016-2022 ($ million)
Exhibit 65 Surgical Equipment Market in France 2016-2022
Exhibit 66 Surgical Equipment Market in UK 2016-2022 ($ million)
Exhibit 67 Surgical Equipment Market in Italy 2016-2022 ($ million)
Exhibit 68 Surgical Equipment Market in Spain 2016-2022 ($ million)
Exhibit 69 Surgical Equipment Market in MEA 2016-2022 ($ million)
Exhibit 70 Surgical Equipment Market in APAC 2016-2022 ($ million)
Exhibit 71 Surgical Equipment Market in Japan 2016-2022 ($ million)
Exhibit 72 Surgical Equipment Market in Australia 2016-2022 ($ million)
Exhibit 73 Surgical Equipment Market in China 2016-2022 ($ million)
Exhibit 74 Surgical Equipment Market in India 2016-2022 ($ million)
Exhibit 75 Competitive Analysis of Global Surgical Equipment Market
Exhibit 76 Strategic Success Factors of Companies in Global Surgical Equipment Market
 
List of Tables:
Table 1 Key Geographies Definition
Table 2 Key Caveats
Table 3 Currency Conversion 2013-2016
Table 4 Reimbursement Rates in US (2017)
Table 5 Global Surgical Equipment Market by Size (2016-2022)
Table 6 Surgical Equipment Product Segmentation 2016-2022 (in $ million)
Table 7 Hand-held Surgical Equipment Segmentation Market Size and Forecast 2016-2022 (in $ million)
Table 8 Global Surgical Equipment Market Segmentation by Application 2016-2022 ($ millions)
Table 9 Country-specific Market Impact by Hospitals in Americas
Table 10 Country-specific Market Impact by Hospitals in EMEA
Table 11 Country-specific Market Impact in APAC by Hospitals
Table 12 Surgical Equipment Market in Americas by ASCs
Table 13 Surgical Equipment Market in EMEA by ASCs
Table 14 Surgical Equipment Market in APAC by ASCs
Table 15 Global Surgical Equipment Market Size and Forecast by Geography 2016-2022 ($ million)
Table 16 Competitive Structure Analysis of Global Surgical Equipment Market 2016
Table 17 Global Surgical Equipment Market Size and Growth Rate by Geographies (2016-2022)
Table 18 Global Surgical Equipment Market Size and Growth by Product type (2016-2022)
Table 19 Surgical Equipment Market Size and Growth Rate by Application (2016-2022)
Table 20 Surgical Equipment Market Size and Growth Rate by End-user (2016-2022)

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • 3M
  • Collin Medical
  • Golden Stapler Surgical
  • KLS Martin
  • MicroAire
  • Siemens Healthcare
  • MORE
The global surgical equipment market is likely to cross $11 billion, growing at a CAGR of 7.9% during 2016-2022. The demand is majorly driven due to increased chronic disorders requiring surgery. Also increased usage of advanced surgical stapling devices in surgery is likely to attribute to the market growth.

The report provides a holistic view of the global surgical equipment market, the companies involved in the market, and the factors driving its growth. The report also provides information on some of the latest trends that have started to surface and are likely to become strong market driving forces over the next five years. This report also provides the Porter’s Five Forces analysis along with a description of each force and its impact on the market. Further the report also provides complete value chain analysis of the global market.

Surgical Equipment Market Dynamics

Introduction of robotic surgery driving the demand


The growing demand for aesthetic and cosmetic surgery equipment, increasing mergers and acquisitions, and product innovations are the emerging trends that are going to boost the market during the forecast period. Further, the increased need for robotic surgery will drive the demand for surgical instruments.

Along with the increasing volume of surgical procedures, increasing popularity of minimally invasive procedures and growing need for surgical power tools are expected to fuel the market growth.
Increasing complications associated with the use of surgical equipment may hinder the growth prospects in the market.

Surgical equipment Market: Segmental Overview

Electrosurgical equipment to grow at a rate of 8.06%


The sutures and staples segment will continue to dominate the market in 2022. The electrosurgical equipment and hand-held surgical devices segments are expected to grow at a rate of 8.06% and 7.60%, respectively during the forecast period. Hospitals are key end-users that greatly influence market growth. The increasing incidence of gynecology disorders is expected to fuel the market growth, as the adoption is more in obstetrics. The plastic and reconstructive segment is expected to grow at a faster pace due to increasing demand for aesthetic and cosmetic surgeries worldwide.

Surgical Equipment Market: Geographical Analysis

North America to be the largest market


The surgical equipment market in North America is projected to grow at a steady pace during the forecast period due to increased adoption of technologically advanced surgical systems. The US and Canada, being the two strong economies globally, is currently witnessing the maximum number of product launches. North America is followed by Europe. APAC and Latin America stand next to the European market.
Note: Product cover images may vary from those shown
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  • 3M
  • Adeor Surgical Instruments
  • Arthrex
  • Aygun
  • B. Braun Melsungen
  • Ceterix Orthopaedics
  • Changzhou Haida Medical Equipment
  • Collin Medical
  • CONMED
  • DACH Medical
  • De Soutter Medical
  • Dextera Surgical
  • Golden Stapler Surgical
  • Grena
  • Incisive Surgical
  • Johnson & Johnson
  • Karl Storz
  • KLS Martin
  • Lotus Surgical
  • MEDACTA
  • MedicMicro
  • Medtronic
  • MicroAire
  • Nouvag
  • OsteoMed
  • Purple Surgical
  • Reach Surgical
  • Siemens Healthcare
  • Smith & Nephew
  • Stars Medical Devices
  • Stryker
  • Surgical Holdings
  • Teleflex Medical
  • Waston Medical
  • Zimmer Biomet
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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