GLOBAL GENERAL SURGERY DEVICES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Global General Surgery Devices Market Size and Trends

The global general surgery devices market size is expected to reach US$ 30.33 Bn by 2030, from US$ 16.46 Bn in 2023, exhibiting a CAGR of 9.1% during the forecast period.

Global General Surgery Devices Market- Drivers

• Rapid aging of global population: As life expectancy continues to rise across the world, the proportion of elderly people in the population is growing significantly. Older individuals are more likely to develop various medical conditions that require surgical treatment. Age-related disorders like cardiovascular diseases, cancers, respiratory diseases and others contribute greatly to the rising disease burden. The needs of geriatric patients also pose unique challenges due to age-related physiological changes and higher risk of complications during and after surgery. This growing senior demographic is poised to significantly drive the demand for various general surgery devices and equipment designed to handle age-related complexities. Procedures involving hip, knee and joint replacements as well as treatment of gastrointestinal conditions are expected to rise sharply. Device manufacturers will need to focus on developing senior-friendly products, simplify surgical techniques and offer specialized training to cater to this important patient subset.
• Rise of lifestyle disease and chronic conditions: Modern lifestyles characterized by sedentary routines, unhealthy diets and urbanization have led to steep increases in non-communicable or lifestyle diseases all over the world. Conditions like diabetes, obesity and their associated co-morbidities have emerged as leading causes of disease burden. The growing prevalence of these chronic illnesses is intimately linked to the metabolic and dietary shifts occuring globally. Their management often involves surgical interventions at various stages of progression. For instance, bariatric surgery volumes are bound to rise in sync with obesity epidemics worldwide. Similarly, diabetic foot complications, cardiovascular problems and certain cancers occurring disproportionately in diabetics will drive the need for various associated general surgical procedures. Device companies need to proactively create awareness and work with public health stakeholders to curb risk factors driving the silent pandemic of chronic diseases.
• Growth in minimally invasive surgeries: The global market for minimally invasive surgeries (MIS) has been experiencing significant growth over the past few years. This growth is attributed to several factors, which include the following:
  • Technological Advancements: Innovation in medical technology has made MIS more accessible and effective. New tools and improved imaging techniques allow surgeons to perform procedures with greater precision and control.
  • Patient Preference: MIS typically results in smaller incisions, reduced pain, shorter hospital stays, quicker recovery times, and minimal scarring, which makes it a preferred choice for many patients.
  • Rising Healthcare Costs: Minimally invasive surgeries can often help reduce overall healthcare costs by shortening hospital stays and reducing the time needed for recovery compared to traditional open surgeries.

Global General Surgery Devices Market- Trends

• Demand for Advanced Diagnostic Tools Drives Growth in Imaging Segment: In terms of imaging modalities, the General Surgery Devices Market is segmented into X-ray, endoscopy, ultrasound, and other imaging modalities. Among these segments, endoscopy contributes the highest share of the market owning to advancements in minimally invasive surgical techniques.
  • Endoscopy devices have seen widespread adoption among general surgeons due to advantages such as reduced trauma to patients, shorter recovery times, and improved clinical outcomes. Manufacturers are introducing novel endoscopy solutions such as high definition and 3D imaging technologies to provide surgeons with clearer visuals during complex procedures. Capsule endoscopy has also gained ground as it allows examination of parts of the gastrointestinal tract that are difficult to visualize with standard endoscopes.
  • Demand for less invasive diagnostic tools is expected to bode well for ultrasound segment. Portable ultrasound scanners are finding increasing usage in outpatient and ambulatory settings for real-time guidance during surgeries. Technology advancements including higher frequencies transducers and volumetric imaging modes have made ultrasound a useful companion for general surgery applications ranging from biopsy to vascular access.
  • X-ray continues to be a mainstream diagnostic modality. However, radiation over-exposure concerns may limit the segment's potential. On the other hand, hybrid operating rooms integrating advanced imaging capabilities are opening new opportunities for assisted navigation during surgical interventions.
• Advanced Wound Care Products Spur Growth in Therapeutic Devices Category: In terms of product categories, the General Surgery Devices Market is segmented into surgical sutures & staples, handheld surgical equipment, electrosurgical devices, and other therapeutic devices. Among these segments, therapeutic devices contribute the highest share due to rising incidence of chronic wounds and increasing adoption of advanced wound management solutions.
  • Chronic and hard-to-heal wounds place a significant burden on healthcare systems worldwide. In response, manufacturers are developing novel wound dressings infused with antimicrobial agents, growth factors, and other compounds that accelerate the healing process. Biomaterials that integrate tissue regeneration and infection management are gaining ground. Negative pressure wound therapy systems utilizing vacuum-assisted closure technology have emerged as an important therapeutic option for complex surgical wounds.
  • Rising rates of lifestyle diseases like diabetes have parallelly driven demand for wound care products. Effective wound management helps prevent serious complications and associated healthcare expenditures in these patient groups. Additionally, home healthcare providers are increasingly relying on advanced wound management solutions to deliver cost-efficient post-surgery care. This expansion of therapeutic resources in the postoperative continuum bodes well for the overall segment.