PUBLISHER: The Business Research Company | PRODUCT CODE: 1948315
PUBLISHER: The Business Research Company | PRODUCT CODE: 1948315
A surgical snare is a medical instrument used during surgeries to remove polyps, tumors, or other abnormal tissue growths. It typically features a wire loop that can be adjusted to encircle and tighten around the target tissue. Surgical snares are often employed in endoscopic procedures, such as those within the gastrointestinal tract, where they are inserted through an endoscope to excise lesions without requiring open surgery.
The main types of surgical snares include single-use and reusable models. A single-use surgical snare is designed for one-time application and consists of a loop or wire used to grasp, remove, or excise tissue or growths during surgical procedures. These snares are utilized in various procedures such as GI endoscopy, laparoscopy, urology endoscopy, gynecology endoscopy, arthroscopy, bronchoscopy, mediastinoscopy, laryngoscopy, and others. They are employed by different end users, including hospitals, ambulatory surgical centers, and other medical facilities.
Tariffs are influencing the surgical snares market by increasing costs of imported medical-grade wires, polymers, insulation materials, and precision manufacturing equipment used in snare production. Endoscopy centers and hospitals in North America and Europe are most affected due to reliance on imported components, while Asia-Pacific faces cost pressures in export-focused manufacturing. These tariffs are increasing unit costs and affecting procurement volumes. However, they are also encouraging domestic manufacturing, local sourcing of materials, and development of cost-efficient single-use surgical snare solutions.
The surgical snares market research report is one of a series of new reports from The Business Research Company that provides surgical snares market statistics, including surgical snares industry global market size, regional shares, competitors with a surgical snares market share, detailed surgical snares market segments, market trends and opportunities, and any further data you may need to thrive in the surgical snares industry. This surgical snares market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The surgical snares market size has grown strongly in recent years. It will grow from $1.53 billion in 2025 to $1.66 billion in 2026 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to increasing prevalence of gastrointestinal disorders, expansion of endoscopic diagnostic procedures, growing hospital endoscopy capacity, rising demand for minimally invasive treatments, availability of reusable surgical snares.
The surgical snares market size is expected to see strong growth in the next few years. It will grow to $2.27 billion in 2030 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to increasing adoption of disposable endoscopic tools, rising focus on infection prevention, expansion of outpatient endoscopy centers, growing demand for precision endoscopic instruments, increasing screening programs for GI conditions. Major trends in the forecast period include increasing adoption of single-use surgical snares, rising demand for endoscopic polypectomy tools, growing use of precision wire loop designs, expansion of minimally invasive endoscopic procedures, enhanced focus on procedural safety.
The growing preference for minimally invasive surgeries is expected to drive the growth of the surgical snares market. Minimally invasive surgeries involve small incisions and often utilize specialized instruments and imaging techniques to reduce tissue damage. These procedures are popular due to their benefits, including faster recovery times, shorter hospital stays, less postoperative pain, and a lower risk of complications compared to traditional open surgeries. Surgical snares are crucial for minimally invasive surgeries as they allow for the precise removal of abnormal tissues, such as polyps or tumors, through small incisions. Their design facilitates effective tissue resection with minimal damage to surrounding structures, improving the safety and effectiveness of the procedure. For example, in June 2024, the American Society of Plastic Surgeons reported a 7% increase in minimally invasive procedures in the USA from 2022 to 2023. Thus, the growing preference for minimally invasive surgeries is expected to drive the surgical snares market.
The rising healthcare expenditure is expected to drive the growth of the surgical snares market moving forward. Healthcare expenditure refers to the total spending on medical services, equipment, and technologies aimed at improving health outcomes. This spending is increasing due to the growing demand for advanced medical technologies, as hospitals and clinics invest in innovative equipment and digital solutions to enhance patient care. Higher healthcare expenditure facilitates the adoption of surgical snares by enabling medical facilities to acquire advanced minimally invasive tools that improve procedural efficiency, accuracy, and patient outcomes. For instance, in June 2025, according to the Centers for Medicare & Medicaid Services, a US-based government agency, national health expenditures in 2023 grew by 7.5%, reaching $4.9 trillion, averaging $14,570 per person and representing 17.6% of GDP. Spending on Medicare increased by 8.1% to $1,029.8 billion, accounting for 21% of total national health expenditures. Therefore, the rising healthcare expenditure is fueling the growth of the surgical snares market.
In December 2023, Medtronic plc, a US-based healthcare technology company, entered into a partnership with Cosmo Intelligent Medical Devices for $100 million upfront, along with additional milestone payments. Through this collaboration, Medtronic aimed to strengthen its AI-powered endoscopy platform capabilities, expanding its precision diagnostics and digital health solutions in gastrointestinal care. Cosmo Intelligent Medical Devices, a Belgium-based healthcare technology company, specializes in the GI Genius intelligent endoscopy module, an AI-assisted system for real-time polyp detection and gastrointestinal diagnostics.
Major companies operating in the surgical snares market are Stryker Corporation, Boston Scientific Corporation, B. Braun Melsungen AG, Olympus Corporation, Terumo Corporation, Steris, NIPRO Corporation, Teleflex Incorporated, Cook Medical, Integra LifeSciences, ConMed Corporation, PENTAX Medical Corp., JMS Co. Ltd., AngioDynamics Inc., Merit Medical Systems, Argon Medical Devices Inc., pfm medical AG, Endo-Therapeutics Inc., Sklar Surgical Instruments, Endo-Flex GmbH, EndoMed Systems GmbH, Aohua Endoscopy, Blue Endo, ENDO-TECHNIK
North America was the largest region in the surgical snares market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surgical snares market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the surgical snares market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The surgical snares market consists of sales of triple lumen snares, hexagonal loop snares, retrieval snares and miniature snares. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Surgical Snares Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses surgical snares market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for surgical snares ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The surgical snares market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Added Benefits available all on all list-price licence purchases, to be claimed at time of purchase. Customisations within report scope and limited to 20% of content and consultant support time limited to 8 hours.