This report describes and explains the suture laparoscopic forceps market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global suture laparoscopic forceps market reached a value of nearly $2.25 billion in 2024, having grown at a compound annual growth rate (CAGR) of 3.40% since 2019. The market is expected to grow from $2.25 billion in 2024 to $3.02 billion in 2029 at a rate of 6.04%. The market is then expected to grow at a CAGR of 6.26% from 2029 and reach $4.1 billion in 2034.
Growth in the historic period resulted from the growing number of surgeries, strong economic growth in emerging markets and expanding medical tourism. Factors that negatively affected growth in the historic period were low healthcare access in developing countries.
Going forward, increasing aging population, rising healthcare expenditure, rising incidence of chronic diseases and favorable government initiatives will drive the growth. Factor that could hinder the growth of the suture laparoscopic forceps market in the future include limited availability of skilled professionals.
The global suture laparoscopic forceps market is fairly fragmented, with a large number of small players operating in the market. The top ten competitors in the market made up to 18.73% of the total market in 2023. Johnson & Johnson (Ethicon) Services Inc. was the largest competitor with a 2.13% share of the market, followed by Medtronic plc. with 2.13%, Olympus Corporation. with 1.97%, Stryker Corporation. with 1.94%, Karl Storz GmbH & Co. KG. with 1.91%, B. Braun Melsungen AG. with 1.82%, Boston Scientific Corporation. with 1.78%, ConMed Corporation. with 1.75%, STERIS plc. with 1.69% and Teleflex Incorporated. with 1.60%.
North America was the largest region in the suture laparoscopic forceps market, accounting for 38.51% or $869.19 million of the total in 2024. It was followed by Western Europe, Asia Pacific and then the other regions. Going forward, the fastest-growing regions in the suture laparoscopic forceps market will be Asia Pacific and South America where growth will be at CAGRs of 7.59% and 6.21% respectively. These will be followed by Middle East and Western Europe where the markets are expected to grow at CAGRs of 5.83% and 5.69% respectively.
The suture laparoscopic forceps market is segmented by product type into reusable forceps and disposable forceps. The reusable forceps market was the largest segment of the suture laparoscopic forceps market segmented by product type, accounting for 70.70% or $1.59 billion of the total in 2024. Going forward, the disposable segment is expected to be the fastest growing segment in the suture laparoscopic forceps market segmented by product type, at a CAGR of 6.66% during 2024-2029.
The suture laparoscopic forceps market is segmented by material into stainless steel, titanium and other materials. The stainless-steel market was the largest segment of the suture laparoscopic forceps market segmented by material, accounting for 65.99% or $1.48 billion of the total in 2024. Going forward, the titanium segment is expected to be the fastest growing segment in the suture laparoscopic forceps market segmented by material, at a CAGR of 6.84% during 2024-2029.
The suture laparoscopic forceps market is segmented by end-user into adults and pediatrics. The adults market was the largest segment of the suture laparoscopic forceps market segmented by end-user, accounting for 84.50% or $1.9 billion of the total in 2024. Going forward, the pediatrics segment is expected to be the fastest growing segment in the suture laparoscopic forceps market segmented by end-user, at a CAGR of 6.73% during 2024-2029.
The suture laparoscopic forceps market is segmented by length into short and long. The short market was the largest segment of the suture laparoscopic forceps market segmented by length, accounting for 60.01% or $1.35 billion of the total in 2024. Going forward, the long segment is expected to be the fastest growing segment in the suture laparoscopic forceps market segmented by length, at a CAGR of 7.05% during 2024-2029.
The suture laparoscopic forceps market is segmented by applications into laparoscopic, surgery and other applications. The laparoscopic market was the largest segment of the suture laparoscopic forceps market segmented by applications, accounting for 69.98% or $1.57 billion of the total in 2024. Going forward, the laparoscopic segment is expected to be the fastest growing segment in the suture laparoscopic forceps market segmented by applications, at a CAGR of 6.74% during 2024-2029.
The top opportunities in the suture laparoscopic forceps market segmented by product type will arise in the reusable forceps segment, which will gain $ 518.01 million of global annual sales by 2029. The top opportunities in the suture laparoscopic forceps market segmented by material will arise in the stainless steel segment, which will gain $500.82 million of global annual sales by 2029. The top opportunities in the suture laparoscopic forceps market segmented by length will arise in the short segment, which will gain $403.25 million of global annual sales by 2029. The top opportunities in the suture laparoscopic forceps market segmented by applications will arise in the laparoscopic segment, which will gain $609.1 million of global annual sales by 2029. The top opportunities in the suture laparoscopic forceps market segmented by end-user will arise in the adults segment, which will gain $634.86 million of global annual sales by 2029. The suture laparoscopic forceps market size will gain the most in the USA at $249.24 million.
Market-trend-based strategies for the suture laparoscopic forceps market include focus on revolutionizing laparoscopic surgery with wristed articulating instruments.
Player-adopted strategies in the suture laparoscopic forceps market include focus on expanding its operations by new product launch and through new plant.
To take advantage of the opportunities, the analyst recommends the suture laparoscopic forceps companies to focus on advancing suture laparoscopic forceps technology, focus on the disposable forceps segment, focus on the titanium segment, focus on the long suture laparoscopic forceps segment, focus on the laparoscopic segment, expand in emerging markets, continue to focus on developed markets, provide competitively priced offerings, continue to use b2b promotions and focus on the pediatrics segment.
The global suture laparoscopic forceps market reached a value of nearly $2.25 billion in 2024, having grown at a compound annual growth rate (CAGR) of 3.40% since 2019. The market is expected to grow from $2.25 billion in 2024 to $3.02 billion in 2029 at a rate of 6.04%. The market is then expected to grow at a CAGR of 6.26% from 2029 and reach $4.1 billion in 2034.
Growth in the historic period resulted from the growing number of surgeries, strong economic growth in emerging markets and expanding medical tourism. Factors that negatively affected growth in the historic period were low healthcare access in developing countries.
Going forward, increasing aging population, rising healthcare expenditure, rising incidence of chronic diseases and favorable government initiatives will drive the growth. Factor that could hinder the growth of the suture laparoscopic forceps market in the future include limited availability of skilled professionals.
The global suture laparoscopic forceps market is fairly fragmented, with a large number of small players operating in the market. The top ten competitors in the market made up to 18.73% of the total market in 2023. Johnson & Johnson (Ethicon) Services Inc. was the largest competitor with a 2.13% share of the market, followed by Medtronic plc. with 2.13%, Olympus Corporation. with 1.97%, Stryker Corporation. with 1.94%, Karl Storz GmbH & Co. KG. with 1.91%, B. Braun Melsungen AG. with 1.82%, Boston Scientific Corporation. with 1.78%, ConMed Corporation. with 1.75%, STERIS plc. with 1.69% and Teleflex Incorporated. with 1.60%.
North America was the largest region in the suture laparoscopic forceps market, accounting for 38.51% or $869.19 million of the total in 2024. It was followed by Western Europe, Asia Pacific and then the other regions. Going forward, the fastest-growing regions in the suture laparoscopic forceps market will be Asia Pacific and South America where growth will be at CAGRs of 7.59% and 6.21% respectively. These will be followed by Middle East and Western Europe where the markets are expected to grow at CAGRs of 5.83% and 5.69% respectively.
The suture laparoscopic forceps market is segmented by product type into reusable forceps and disposable forceps. The reusable forceps market was the largest segment of the suture laparoscopic forceps market segmented by product type, accounting for 70.70% or $1.59 billion of the total in 2024. Going forward, the disposable segment is expected to be the fastest growing segment in the suture laparoscopic forceps market segmented by product type, at a CAGR of 6.66% during 2024-2029.
The suture laparoscopic forceps market is segmented by material into stainless steel, titanium and other materials. The stainless-steel market was the largest segment of the suture laparoscopic forceps market segmented by material, accounting for 65.99% or $1.48 billion of the total in 2024. Going forward, the titanium segment is expected to be the fastest growing segment in the suture laparoscopic forceps market segmented by material, at a CAGR of 6.84% during 2024-2029.
The suture laparoscopic forceps market is segmented by end-user into adults and pediatrics. The adults market was the largest segment of the suture laparoscopic forceps market segmented by end-user, accounting for 84.50% or $1.9 billion of the total in 2024. Going forward, the pediatrics segment is expected to be the fastest growing segment in the suture laparoscopic forceps market segmented by end-user, at a CAGR of 6.73% during 2024-2029.
The suture laparoscopic forceps market is segmented by length into short and long. The short market was the largest segment of the suture laparoscopic forceps market segmented by length, accounting for 60.01% or $1.35 billion of the total in 2024. Going forward, the long segment is expected to be the fastest growing segment in the suture laparoscopic forceps market segmented by length, at a CAGR of 7.05% during 2024-2029.
The suture laparoscopic forceps market is segmented by applications into laparoscopic, surgery and other applications. The laparoscopic market was the largest segment of the suture laparoscopic forceps market segmented by applications, accounting for 69.98% or $1.57 billion of the total in 2024. Going forward, the laparoscopic segment is expected to be the fastest growing segment in the suture laparoscopic forceps market segmented by applications, at a CAGR of 6.74% during 2024-2029.
The top opportunities in the suture laparoscopic forceps market segmented by product type will arise in the reusable forceps segment, which will gain $ 518.01 million of global annual sales by 2029. The top opportunities in the suture laparoscopic forceps market segmented by material will arise in the stainless steel segment, which will gain $500.82 million of global annual sales by 2029. The top opportunities in the suture laparoscopic forceps market segmented by length will arise in the short segment, which will gain $403.25 million of global annual sales by 2029. The top opportunities in the suture laparoscopic forceps market segmented by applications will arise in the laparoscopic segment, which will gain $609.1 million of global annual sales by 2029. The top opportunities in the suture laparoscopic forceps market segmented by end-user will arise in the adults segment, which will gain $634.86 million of global annual sales by 2029. The suture laparoscopic forceps market size will gain the most in the USA at $249.24 million.
Market-trend-based strategies for the suture laparoscopic forceps market include focus on revolutionizing laparoscopic surgery with wristed articulating instruments.
Player-adopted strategies in the suture laparoscopic forceps market include focus on expanding its operations by new product launch and through new plant.
To take advantage of the opportunities, the analyst recommends the suture laparoscopic forceps companies to focus on advancing suture laparoscopic forceps technology, focus on the disposable forceps segment, focus on the titanium segment, focus on the long suture laparoscopic forceps segment, focus on the laparoscopic segment, expand in emerging markets, continue to focus on developed markets, provide competitively priced offerings, continue to use b2b promotions and focus on the pediatrics segment.
Major Market Trends
- Revolutionizing Laparoscopic Surgery With 5mm Wristed Articulating Instruments
Table of Contents
1 Executive Summary
6 Market Characteristics
7 Major Market Trends
8 Suture Laparoscopic Forceps Market - Macro Economic Scenario
9 Global Market Size and Growth
10 Global Suture Laparoscopic Forceps Market Segmentation
11 Suture Laparoscopic Forceps Market, Regional and Country Analysis
12 Asia-Pacific Market
13 Western Europe Market
14 Eastern Europe Market
15 North America Market
16 South America Market
17 Middle East Market
18 Africa Market
19 Competitive Landscape and Company Profiles
20 Other Major and Innovative Companies
23 Key Mergers and Acquisitions
24 Opportunities and Strategies
25 Suture Laparoscopic Forceps Market, Conclusions and Recommendations
26 Appendix
Executive Summary
Suture Laparoscopic Forceps Global Market Opportunities and Strategies to 2034 provides the strategists; marketers and senior management with the critical information they need to assess the global suture laparoscopic forceps market as it emerges from the COVID-19 shut down.Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
Description
Where is the largest and fastest-growing market for suture laparoscopic forceps? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The suture laparoscopic forceps market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s history and forecasts market growth by geography. It places the market within the context of the wider suture laparoscopic forceps market; and compares it with other markets.
The report covers the following chapters
- Introduction and Market Characteristics:-Brief introduction to the segmentations covered in the market, definitions and explanations about the segment by product type, by material, by length, by applications and by end-user.
- Key Trends:-Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Macro-Economic Scenario:-The report provides an analysis of the impact of the COVID-19 pandemic, impact of the Russia-Ukraine war and impact of rising inflation on global and regional markets, providing strategic insights for businesses in the suture laparoscopic forceps market.
- Global Market Size and Growth:-Global historic (2019-2024) and forecast (2024-2029, 2034F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional and Country Analysis:-Historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison by region and country.
- Market Segmentation:-Contains the market values (2019-2024) (2024-2029, 2034F) and analysis for each segment by product type, by material, by length, by applications and by end-user in the market. Historic (2019-2024) and forecast (2024-2029) and (2029-2034) market values and growth and market share comparison by region market.
- Regional Market Size and Growth :-Regional market size (2024), historic (2019-2024) and forecast (2024-2029, 2034F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape:-Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major and Innovative Companies:- Details on the company profiles of other major and innovative companies in the market
- Competitive Benchmarking:-Briefs on the financials comparison between major players in the market.
- Competitive Dashboard:-Briefs on competitive dashboard of major players.
- Key Mergers and Acquisitions:-Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Market Opportunities and Strategies Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions and Recommendations This section includes recommendations for suture laparoscopic forceps providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix:-This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Markets Covered:
1) by Product Type: Reusable Forceps; Disposable Forceps2) by Material: Stainless Steel; Titanium; Other Materials
3) by End User: Adults; Pediatrics
4) by Length: Short; Long
5) by Application: Laparoscopic; Surgery; Other Applications
Key Companies Profiled: Johnson & Johnson (Ethicon) Services Inc.; Medtronic plc.; Olympus Corporation; Stryker Corporation; Karl Storz GmbH & Co. KG.
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Canada; Brazil; France; Germany; UK; Italy; Spain; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa.
Time Series: Five years historic and ten years forecast..
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; suture laparoscopic forceps indicators comparison..
Data Segmentation: Country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
The companies featured in this Suture Laparoscopic Forceps market report include:- Johnson & Johnson (Ethicon) Services Inc.
- Medtronic plc.
- Olympus Corporation
- Stryker Corporation
- Karl Storz GmbH & Co. KG.
- B. Braun Melsungen AG
- Boston Scientific Corporation
- ConMed Corporation
- STERIS plc
- Teleflex Incorporated.
- Genesis MedTech Group
- Zhejiang Geyi Medical Instrument Co., Ltd.
- Ningbo Yaoming Medical Technology Co., Ltd.
- Lotus Surgicals Pvt Ltd
- Wehere Medical Technology Co., Ltd.
- ICEN Technology Company Limited
- Peters Surgical
- Grena Limited
- Ackermann Instrumente GmbH
- Purple Surgical International Ltd
- Laprosurge Limited
- Maxer Endoscopy GmbH
- Victor Medical Instruments Co., Ltd.
- Richard Wolf GmbH
- Smith & Nephew PLC
- RUDOLF Medical GmbH + Co. KG
- Asensus Surgical
- Intuitive Surgical
- Resorba
- Livsmed
- Aspen Surgical
- Microline Surgical Inc
- Applied Medical Resources Corporation
- Mediflex Surgical Products
- Aesculap, Inc.
- Cook Medical Inc.
- Purple Surgical
- Lepu Medical Brazil
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 288 |
| Published | May 2025 |
| Forecast Period | 2024 - 2034 |
| Estimated Market Value ( USD | $ 2.25 Billion |
| Forecasted Market Value ( USD | $ 4.1 Billion |
| Compound Annual Growth Rate | 6.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 39 |
