The Europe surgical equipment market size is expected to reach USD 8.61 billion by 2030, growing at a CAGR of 8.8% from 2024 to 2030. Increase in number of surgeries due to increase in prevalence of cardiovascular & gynecological disorders, birth rate, and cases of road accidents is driving the market.
Road accidents are the among the leading causes of mortality in most European countries. Eastern Europe registers maximum number of patients from road accidents every year. In addition, mental disorders, chronic respiratory disorders, and cancer contribute to over 86% of deaths in Europe. Increase in prevalence of these disorders is expected to fuel demand for surgical equipments in healthcare establishments across Europe. Growing incidence of these disorders can be attributed to inactive lifestyle, smoking, and high consumption of alcohol.
Increase in number of conventional surgeries and technological advancements have also created a high demand for modern surgical tools and techniques. Key players are increasingly focusing on development of technologically advanced devices. For instance, B. Braun, one of the leaders, has introduced electrosurgical products, such as the bipolar electrosurgical unit. Technological advancements in surgical tools have also improved their effectivity, further increasing demand. Powered equipments-both plugged and battery operated-are witnessing a high adoption, owing to their ease of use and effectiveness. Electrosurgeries can help significantly reduce blood loss during surgeries by immediate cauterization of tissue using electric current. The aforementioned factors are driving the growth of the Europe surgical instruments market.
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Road accidents are the among the leading causes of mortality in most European countries. Eastern Europe registers maximum number of patients from road accidents every year. In addition, mental disorders, chronic respiratory disorders, and cancer contribute to over 86% of deaths in Europe. Increase in prevalence of these disorders is expected to fuel demand for surgical equipments in healthcare establishments across Europe. Growing incidence of these disorders can be attributed to inactive lifestyle, smoking, and high consumption of alcohol.
Increase in number of conventional surgeries and technological advancements have also created a high demand for modern surgical tools and techniques. Key players are increasingly focusing on development of technologically advanced devices. For instance, B. Braun, one of the leaders, has introduced electrosurgical products, such as the bipolar electrosurgical unit. Technological advancements in surgical tools have also improved their effectivity, further increasing demand. Powered equipments-both plugged and battery operated-are witnessing a high adoption, owing to their ease of use and effectiveness. Electrosurgeries can help significantly reduce blood loss during surgeries by immediate cauterization of tissue using electric current. The aforementioned factors are driving the growth of the Europe surgical instruments market.
Europe Surgical Equipment Market Report Highlights
- Surgical sutures & stapler products dominated the market in 2023. These are utilized to close surgical incisions, reduced infection risk, providing quick placement, effective wound closure, and minimal tissue reaction, leading to a high demand for these instruments in surgical procedures.
- Electrosurgical devices are expected to grow at the fastest CAGR over the forecast period. The rise in chronic diseases has played a substantial role in the expansion of the electrosurgical devices and equipment market.
- Obstetrics & gynecology dominated the market in 2023, as more women are getting procedures for gynecological conditions such as endometriosis, fibroids, and uterine prolapse.
- Plastic & reconstructive surgery is projected to grow at the fastest CAGR over the forecast period.
The leading players in the Europe Surgical Equipment market include:
- B. Braun SE
- Smith & Nephew plc
- Zimmer Biomet
- Stryker
- Alcon Laboratories, Inc.
- Aspen Surgical Products, Inc.
- BD
- Medtronic
- Johnson & Johnson Services, Inc.
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- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
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This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Europe Surgical Equipment Market Variables, Trends, & Scope
Chapter 4. Europe Surgical Equipment Market: Product Estimates & Trend Analysis
Chapter 5. Europe Surgical Equipment Market: Application Estimates & Trend Analysis
Chapter 6. Europe Surgical Equipment Market: Country Estimates & Trend Analysis
Chapter 7. Competitive Landscape
Companies Mentioned
The leading players in the Europe Surgical Equipment market include:- B. Braun SE
- Smith & Nephew plc
- Zimmer Biomet
- Stryker
- Alcon Laboratories, Inc.
- Aspen Surgical Products, Inc.
- BD
- Medtronic
- Johnson & Johnson Services, Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 80 |
| Published | September 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 4.8 Billion |
| Forecasted Market Value ( USD | $ 8.61 Billion |
| Compound Annual Growth Rate | 8.8% |
| Regions Covered | Europe |
| No. of Companies Mentioned | 10 |
