China General Surgical Devices Market

China General Surgical Devices Market by Products (Electro Surgical Devices, Handheld Devices, Laparoscopic Devices, Trocars and Access Devices, Wound Closure Devices, and Others), Applications (Orthopaedic, Gynecology & Urology, Neurology, Cardiology, and Others), and Country - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-3396
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 202
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The China general surgical devices market size is expected to register at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing population and increasing demand for advanced surgeries.

China General Surgical Devices Market summary

General surgical devices are used in common surgeries or operations for modifying or removal of affected biological tissue in the body. In order to meet the requirements for critical surgeries, continuous advancements have been done for manufacturing of surgical devices. Some surgical instruments are designed for general use, while others are designed for a specific medical procedure. Surgical instruments such as cutting & dissecting instruments, grasping or holding instruments, hemostatic instruments, retractors, and tissue unifying instruments are widely used by surgeons, physicians, and medical students.

Patient awareness about the cost benefits of early surgical intervention and rising worldwide healthcare expenditure are key factors that can increase the use and manufacturing of surgical devices. The most common surgeries such as appendectomy, cataract surgery, refractive lens exchange, C-section, and echocardiogram widely utilizes general surgical devices.

The COVID-19 pandemic has affected almost every industry including the healthcare industry. The high risk of developing serious illness due to coronavirus disease has made it challenging for several other healthcare problems. The outbreak situation resulted into nationwide lockdowns, which disrupted the supply of healthcare facilities and manufacturing of surgical devices. The stringent regulations and slowdown in economy hampered the growth of the surgical market.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising demand for reconstructive surgeries is the major factor propelling the market growth during the projected period.
  • Increasing number of surgical procedures and growing technological advancements are estimated to contribute to the market expansion during the forecast period.
  • Growing applications of surgical equipments in distinctive surgical techniques is estimated to positively influence the market growth in the coming years.
  • High cost associated with the surgical treatments is expected to hamper the growth of market during the forecast period.
  • Growing industrial investments for developing advanced surgery devices and increasing research & development activities for innovative product launches are the factors anticipated to create lucrative opportunities for the market in the coming years.

Scope of the Report

The report on the China general surgical devices market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

China General Surgical Devices Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Products (Electro Surgical Devices, Handheld Devices, Laparoscopic Devices, Trocars and Access Devices, Wound Closure Devices, and Others) and Applications (Orthopaedic, Gynecology & Urology, Neurology, Cardiology, and Others)

Country

China

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Stryker Corporation; B. Braun Melsungen AG; Johnson & Johnson; Boston Scientific Corporation; and Olympus Corporation

China General Surgical Devices Market Segment Insights

Handheld devices segment is projected to dominate the market

Based on products, themarket is segregated into electro surgical devices, handheld devices, laparoscopic devices, trocars & access devices, wound closure devices, and others. The handheld devices segment is projected to dominate the market during the forecast period owing to the rising demand for general surgeries such as appendectomy, breast biopsy, hysteroscopy, and low back pain surgery. Moreover, the increasing demand for advanced surgical devices is anticipated to propel the growth of the market segment in the coming years. On the other hand, the laparoscopic devices segment is anticipated to hold a significant market share during the forecast period due to the rising demand for diagnosis and therapeutic procedures of various diseases such as pancreatic cancer, prostatectomy, and gastrointestinal disorders. The use of laparoscopic devices in surgical procedures ensures minimal bleeding and supports maintaining hemostasis. Therefore, high preference for laparoscopic devices by surgeons and physicians is expected to fuel the growth of the market segment during the forecast period.

China General Surgical Devices Market products

Gynecology & urology segment is anticipated to register at substantial CAGR

On the basis of applications, the market is segmented into orthopaedic, gynecology & urology, neurology, cardiology, and others. The gynecology & urology segment is anticipated to register at substantial CAGR during the forecast period owing to the increasing prevalence of urinary incontinence, pelvic organ prolapse, and overactive bladder and rising expenditure on medical surgeries. Furthermore, the increasing number of reconstructive surgeries is estimated to fuel the growth of the market in the coming years. However, the cardiology segment is anticipated to exhibit a substantial growth during the projected period owing to the rising incidences of congenital heart defects, coronary artery disease, heart failure, valve disease, and electrophysiology. Moreover, the growing consumer disposable income, unhealthy diet, and changing lifestyle are some of the factors to boost the market segment growth in the coming years.

China General Surgical Devices Market applications

Segments

Segments Covered in the Report
The China general surgical devices market is segmented on the basis of:
Products

  • Electro Surgical Devices
  • Handheld Devices
  • Laparoscopic Devices
  • Trocars & Access Devices
  • Wound Closure Devices
  • Others

Applications

  • Orthopaedic
  • Gynecology & Urology
  • Neurology
  • Cardiology
  • Others

Country

  • China

Key Players

  • Stryker Corporation
  • B. Braun Melsungen AG
  • Johnson & Johnson
  • Boston Scientific Corporation
  • Olympus Corporation

 

Competitive Landscape

The key players competing in the China general surgical devices market are Stryker Corporation; B. Braun Melsungen AG; Johnson & Johnson; Boston Scientific Corporation; and Olympus Corporation. Companies are focusing on growing manufacturing facilities, along with forming strong distribution networks with other industry players in order to expand their market shares.

In January 2021, Boston Scientific Corporation announced the reallocation of its cardiac rhythm management and research & development resources. The reallocation aimed to increase productivity, innovation, and competitiveness to enhance the ability to deliver new products to the physicians and patients.

China General Surgical Devices Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. General Surgical Devices Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. General Surgical Devices Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. General Surgical Devices Market - Supply Chain
  4.5. Global General Surgical Devices Market Forecast
     4.5.1. General Surgical Devices Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. General Surgical Devices Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. General Surgical Devices Market Absolute $ Opportunity
5. Global General Surgical Devices Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. General Surgical Devices Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global General Surgical Devices Demand Share Forecast, 2019-2026
6. North America General Surgical Devices Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America General Surgical Devices Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America General Surgical Devices Demand Share Forecast, 2019-2026
7. Latin America General Surgical Devices Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America General Surgical Devices Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America General Surgical Devices Demand Share Forecast, 2019-2026
8. Europe General Surgical Devices Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe General Surgical Devices Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe General Surgical Devices Demand Share Forecast, 2019-2026
9. Asia Pacific General Surgical Devices Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific General Surgical Devices Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific General Surgical Devices Demand Share Forecast, 2019-2026
10. Middle East & Africa General Surgical Devices Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa General Surgical Devices Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa General Surgical Devices Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global General Surgical Devices Market: Market Share Analysis
  11.2. General Surgical Devices Distributors and Customers
  11.3. General Surgical Devices Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Stryker Corporation
     11.4.2. B. Braun Melsungen AG
     11.4.3. Johnson & Johnson
     11.4.4. Boston Scientific Corporation
     11.4.5. Olympus Corporation

Segments Covered in the Report
The China general surgical devices market is segmented on the basis of:
Products

  • Electro Surgical Devices
  • Handheld Devices
  • Laparoscopic Devices
  • Trocars & Access Devices
  • Wound Closure Devices
  • Others

Applications

  • Orthopaedic
  • Gynecology & Urology
  • Neurology
  • Cardiology
  • Others

Country

  • China

Key Players

  • Stryker Corporation
  • B. Braun Melsungen AG
  • Johnson & Johnson
  • Boston Scientific Corporation
  • Olympus Corporation

 

The key players competing in the China general surgical devices market are Stryker Corporation; B. Braun Melsungen AG; Johnson & Johnson; Boston Scientific Corporation; and Olympus Corporation. Companies are focusing on growing manufacturing facilities, along with forming strong distribution networks with other industry players in order to expand their market shares.

In January 2021, Boston Scientific Corporation announced the reallocation of its cardiac rhythm management and research & development resources. The reallocation aimed to increase productivity, innovation, and competitiveness to enhance the ability to deliver new products to the physicians and patients.

China General Surgical Devices Market keyplayers

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