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Americas Surgical Equipment Market Report, By Product Type (Surgical Sutures & Staplers, Handheld Instruments, Electrosurgical Devices, Electrosurgical Generators, Monitoring Devices), By Application (Neurosurgery, Wound Closure, Urology, Cardiovascular Surgeries, Orthopedic Surgery), By End User (Government Hospitals, Private Hospital and Other) - Forecast From 2022-2030

ID: MRFR/MED/0138-HCR | 80 Pages | Author: Rahul Gotadki| April 2024

Americas Surgical Equipment Market Overview

The Americas Surgical Equipment Market is anticipated to reach USD 21,937.8 Million by 2030 at 8.5% CAGR during the forecast period 2022-2030. Surgical equipment are used during surgeries. Surgical equipment have a wide range of application in neurosurgery, wound closure, urology, cardiovascular surgeries, orthopedic surgery and others. Surgical instrument are broadly classifies into three important category surgical sutures and staples, handheld instruments and electrosurgical devices. All surgical equipment has its specific use. Surgical sutures and staples are the basic equipment used in the surgeries. That the reason they has the highest share of around 55%. Increasing number of surgeries, & hospitals, increasing prevalence of different diseases and increasing geriatric population have boosted the market growth. Moreover, technological advancement, increasing number of ambulatory services and government initiatives have a synergistic effect on the market. However, high cost of the devices, shortage of skilled labour and strict regulatory policies are the major restraints for the market. 

Figure: America surgical equipment by product type (%)Americas Surgical Equipment Market

Sources: WHO, annual reports, press release, white paper, company presentation

Key Players Some of the key players in this market are: Smith & Nephew (UK), B. Braun Melsungen AG (Germany), Ethicon US, LLC. (US), Erbe Elektromedizin GmbH (Germany), COVIDIEN (US), CONMED Corporation (US), MEDICON (US), Integra LifeSciences Corporation (US), Synergetics USA, Inc. (US), Stryker Corporation (US), KARL STORZ & Co. (US), and KLS Martin (Germany). 

Americas Surgical Equipment Market Segment Insights

Americas Surgical Equipment Product Type

On the basis of product type, the market is segmented into surgical sutures & staplers, handheld instruments, electrosurgical devices, electrosurgical generators, monitoring devices and others. Surgical sutures & staplers are further segmented into absorbable and non-absorbable sutures. Handheld Instruments are subsegmented into forceps, sutures, visual scope, and others. Electrosurgical devices are further categorised into Electrosurgical instruments (HET bipolar system, electrosurgical pencils, smoke evacuation system and other), and electrosurgical generators.

Americas Surgical Equipment Application Insights

On the basis of application, the market is segmented into neurosurgery, wound closure, urology, cardiovascular surgeries, orthopedic surgery and others.

Americas Surgical Equipment End User Insights

On the basis of end user, the market is segmented into government hospitals, private hospital and other.

Research Methodology Americas Surgical Equipment Market-

Sources: WHO, annual reports, press release, white paper, and company presentation

Americas Surgical Equipment Regional Insights 

America surgical equipment market is expecting a healthy growth owing to introduction of advanced devices, increasing number of healthcare organization, and rising geriatric population. In addition to this, increasing prevalence of diseases & disorder, government initiatives and high healthcare spending have fuelled the market growth. According to Centers for Disease Control and Prevention, in 2012, about half of all adults had one or more chronic health conditions and one in four adults had two or more chronic health conditions. Additionally, presence of huge patient suffering from cardiovascular diseases have also supported the growth of the market. North America holds the major share in the Americas surgical equipment market. Well-developed healthcare infrastructure and huge geriatric population in North America drives the market in this region. The US and Canada are the two major contributor for the North America surgical equipment market. However, South America has the least but growing market.

Intended Audience

  • Surgical Equipment Suppliers

  • Surgical Equipment Manufacturers

  • Medical Research Laboratories

  • Medical Devices Companies

  • Academic Medical Institutes and Universities

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