Hand-held Surgical Instruments Market Size - By Product (Forceps, Retractors, Graspers, Scalpels, Cannulas), By Application (Orthopedic Surgery, Cardiology, Ophthalmology, Wound Care, Urology & Gynecology Surgery), By End-use, & Forecast, 2023

List of Tables

Global hand-held surgical instruments market will record a 7.4% CAGR between 2023-2032, owing to the rising global geriatric population which is increasing the demand for surgical procedures.

According to estimates from the WHO, one out of six people worldwide will be aged 60 years and over by 2030. As elderly individuals often require medical interventions for various health issues, this increase in population is creating a strong demand for medical equipment such as hand-held surgical instruments. Additionally, the expanding healthcare infrastructure in emerging economies and the growing awareness of healthcare options among the populace are fostering greater access to surgical procedures, further propelling market growth. The COVID-19 pandemic has also underscored the importance of healthcare preparedness, prompting healthcare facilities to invest in state-of-the-art surgical equipment, including hand-held instruments, to address urgent medical needs.

The overall hand-held surgical instruments market is divided based on product, application, end-use, and region.

The dilators product segment will register a 7.7% CAGR through 2032, due to the growing prevalence of minimally invasive surgical techniques. These instruments play a crucial role in dilating blood vessels, tissues, or narrow anatomical structures during various procedures, facilitating access and reducing tissue trauma. As patient preferences shift towards less invasive treatments with quicker recovery times, the need for precise and efficient hand-held dilators has surged.

The plastic surgery application segment will record an 8.3% CAGR over 2023-2032. This is due to the growing emphasis on cosmetic procedures worldwide. Plastic surgeons require specialized instruments for precision and delicate tissue manipulation during surgeries like facelifts, breast augmentation, and rhinoplasties. Moreover, innovations in materials and ergonomic designs are enhancing surgeons' abilities and outcomes, contributing to the heightened demand in the field of plastic surgery.

Based on end-use, the clinics segment will exhibit a 6.8% CAGR between 2023-2032, due to the growing trend towards outpatient and ambulatory care settings. Clinics are increasingly performing a wide range of minor surgical procedures on-site to offer patients more convenient and cost-effective options. These procedures often require specialized hand-held instruments for precise and efficient execution, contributing to the rising demand. Furthermore, the shift towards value-based healthcare models is encouraging clinics to invest in high-quality instruments that can enhance patient outcomes and reduce the overall cost of care, further driving demand in clinic settings.

Regionally, the Asia Pacific hand-held surgical instruments industry will witness an 8.5% CAGR through 2032. One significant driver is the burgeoning medical tourism industry, with patients from around the world seeking affordable and high-quality surgical treatments in countries like India, Thailand, and Malaysia. Additionally, the increasing prevalence of lifestyle-related diseases in this region, such as obesity and diabetes, is boosting surgical intervention rates. The adoption of advanced healthcare technologies and the expansion of healthcare infrastructure in countries like China and India are also pivotal factors driving the market's growth in the Asia Pacific.

Product Code: 6133

Chapter 1 Methodology & Scope

1.1 Industry coverage
1.2 Market scope & definition
1.3 Base estimates & calculations
- 1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact analysis at global level
1.6 Data validation
1.7 Data Sources
- 1.7.1 Primary
- 1.7.2 Secondary
  - 1.7.2.1 Paid sources
  - 1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Hand-held surgical instruments industry 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Regional trends
2.4 Product trends
2.5 Application trends
2.6 End-use trends

Chapter 3 Hand-held Surgical Instruments Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
  - 3.2.1.1 Increasing prevalence of chronic diseases
  - 3.2.1.2 Technological advancements in surgical instruments
  - 3.2.1.3 Rising number of surgical procedures
  - 3.2.1.4 Increasing focus on patient safety and surgical efficiency
- 3.2.2 Industry pitfalls & challenges
  - 3.2.2.1 Availability of alternative treatment methods
  - 3.2.2.2 High cost of advance surgical instruments
3.3 Growth potential analysis
- 3.3.1 By product
- 3.3.2 By application
- 3.3.3 By end-use
3.4 COVID- 19 impact analysis
3.5 Regulatory landscape
3.6 Key market trends
3.7 Technology landscape
3.8 Future market trends
3.9 Value chain analysis
3.10 Gap Analysis
3.11 Porter's analysis
3.12 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company matrix analysis, 2022
4.3 Global company market share analysis, 2022
4.4 Vendor matrix analysis
4.5 Competitive positioning matrix
4.6 Strategy dashboard, 2022

Chapter 5 Hand-held Surgical Instruments Market Size and Forecast, By Product (USD Million & Units)

5.1 Key trends, by product
5.2 Forceps
5.3 Retractors
5.4 Dilators
5.5 Graspers
5.6 Scalpels
5.7 Cannulas
5.8 Others

Chapter 6 Hand-held Surgical Instruments Market Size and Forecast, By Application (USD Million)

6.1 Key trends, by application
6.2 Orthopedic surgery
6.3 Cardiology
6.4 Ophthalmology
6.5 Wound care
6.6 Urology and gynecology surgery
6.7 Plastic surgery
6.8 Neurosurgery
6.9 Others

Chapter 7 Hand-held Surgical Instruments Market Size and Forecast, By End-use (USD Million)

7.1 Key trends, by end-use
7.2 Hospitals
7.3 Clinics
7.4 Ambulatory surgical centers
7.5 Others

Chapter 8 Hand-held Surgical Instruments Market Size and Forecast, By Region (USD Million & Units)

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Spain
- 8.3.5 Italy
- 8.3.6 Sweden
- 8.3.7 Poland
- 8.3.8 The Netherlands
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 Japan
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 South Korea
- 8.4.6 Indonesia
- 8.4.7 Thailand
- 8.4.8 Philippines
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
- 8.5.4 Colombia
- 8.5.5 Chile
- 8.5.6 Peru
8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Israel
- 8.6.5 Egypt
- 8.6.6 Turkey

Chapter 9 Company Profiles

9.1 Aspen Surgical
9.2 B. Braun Melsungen AG
9.3 Becton, Dickinson and Company
9.4 Cook Medical LLC
9.5 CooperSurgical, Inc.
9.6 Integra LifeSciences Corporation
9.7 Johnson & Johnson Inc.
9.8 KLS Martin
9.9 Medtronic, plc.
9.10 Olympus Corporation
9.11 Richard Wolf GmbH
9.12 Smith & Nephew
9.13 Teleflex Incorporated
9.14 Thompson Surgical Instruments Inc.