The Brazil General Surgical Devices Market size was valued at USD XX Billion in 2022 and is expected to surpass USD XX Billion by 2031, expanding at a CAGR of 6.2% during the forecast period, 2023 – 2031. The growth of the market is attributed to the increasing prevalence of lifestyle-related and chronic disorders.
Surgical instruments are apparatuses or devices used to perform activities including cutting, dissecting, gripping, holding, retracting, or stitching. Stainless steel is utilized to make most surgical instruments. Titanium, chromium, vanadium, and molybdenum are among different metals used for the previously mentioned purposes.
General surgical devices are utilized to treat medical conditions such as spinal and dental procedures, cardiac procedures and aneurysms. These devices come with improvements in fiber-optics and image guidance. They also include enhancements in software systems and robotic components and are widely used in the healthcare industry. For instance, video-assisted thoracoscopic surgery (VATS), is performed for completely removing an organ to treat trauma injuries.
It is performed using a tube connected to a video camera, which is inserted through the ribs through a small incision. The tube is called thoracoscope. Apart from imaging technology, virtual reality is becoming a major area of enhancement. Other procedures involving MIS surgical techniques include single-site laparoscopic surgery, spinal surgeries, cardiac, and needlescopic surgery.
Market Trends, Drivers, Restraints and Opportunities
-
Increasing development of general surgical procedures is expected to boost the medical devices market.
-
Growing number of road accidents is estimated to accelerate the growth of the market.
-
Rising demand for surgical procedures that are less painful can fuel the market growth.
-
Growing incidence of cardiovascular diseases is estimated to accelerate the growth of the market.
-
Rapid adoption of technological advancements in the field of medical equipment is one of the major factors driving the market growth.
-
High installation cost can restrain the growth of the market.
-
Government initiatives to control the cardiovascular diseases and policies in favor of the industry is estimated to foster the market growth.
Scope of the Report
The report on the Brazil 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
|
Brazil general surgical devices Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
|
|
Base Year
|
2022
|
|
Historic Data
|
2016–2021
|
|
Forecast Period
|
2023–2031
|
|
Segmentation
|
Products (Handheld Devices, Laparoscopic Devices, Electrosurgical Devices, Wound Closure Devices, Trocars and Access Devices, and Others), and Applications (Gynecology and Urology, Cardiology, Orthopedic, Neurology, and Others)
|
|
Country Scope
|
Brazil
|
|
Report Coverage
|
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast.
|
|
Key Players Covered in the Report
|
Medtronic PLC; Boston Scientific Corporation; Johnson & Johnson; Getinge AB; Olympus Corporation; B. Braun Melsungen AG; and Stryker Corporation.
|
Brazil general surgical devices Market Segment Insights
Handheld devices segment is projected to expand at a considerable CAGR
On the basis of products, the market is classified as handheld devices, laparoscopic devices, electrosurgical devices, wound closure devices, trocars and access devices, and others. The handheld devices segment is projected to expand at a considerable CAGR during the forecast period. Handheld devices segment attribute to high reliability, accuracy, and patient safety. Moreover, the growing aging population and rising prevalence of chronic diseases are accelerating the demand for advanced treatment approaches and are expected at exhibit a considerable CAGR during the forecast period.
Orthopedic segment is projected to expand at a considerable CAGR
On the basis of applications, the general surgical devices market is segregated into gynecology and urology, cardiology, orthopedic, neurology, and others. The gastrointestinal segment is projected to expand at a considerable CAGR during the forecast period. Rising rate of geriatric and increasing prevalence of bone disorders, and increase in the number of accident cases are all leading to an increase in the number of orthopedic surgeries.
Segments
The Brazil general surgical devices market has been segmented on the basis of
Products
- Handheld Devices
- Laparoscopic Devices
- Electro Surgical Devices
- Wound Closure Devices
- Trocars and Access Devices
- Others
Applications
- Gynecology and Urology
- Cardiology
- Orthopedic
- Neurology
- Others
Country
Key Players
Competitive Landscape
The market is very competitive in nature owing to the presence of many major players. Some of the major players competing in the Brazil general surgical devices market are Medtronic PLC; Boston Scientific Corporation; Johnson & Johnson; Getinge AB; Olympus Corporation; B. Braun Melsungen AG; and Stryker Corporation.
In November 2016, BR Surgical declared a New Latin America Sales and Distribution Agreement with Dorian Drake International for Surgical Instruments and related clinical devices.
In October 2017, Johnson and Johnson procured German programming organization, Surgical Process Institute (SPI), for the digitalization and standardization of surgical work processes in the operating theatre.
Request For Customization
Enquiry Before Buying
Speak With Analyst
