Canada General Surgical Devices Market

Canada General Surgical Devices Market

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Author :

Raksha Sharma

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Editor :

Vishal Golekar

The Canada general surgical devices market size was valued at USD XX Billion in 2022 and is anticipated to reach USD XX Billion by 2031, expanding at a CAGR of 4.5% during the forecast period, 2023–2031. Growth of the market is attributed to the development of advanced devices, rising healthcare expenditure, increasing government initiatives, and growing cases of injuries and accidents.

Surgical instruments are devices and tools that carry out operations such as grasping, retracting, dissecting, access to internal organs, holding, cutting, suturing, and modifying biological tissue. Many surgical instruments are manufactured from stainless steel.

Canada General Surgical Devices Market Outlook

The Covid-19 pandemic affected the demand and supply of Canada general surgical devices market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.

Canada General Surgical Devices Market Trends, Drivers, Restraints, and Opportunities

  • Increasing outpatient surgeries is projected to boost the market in the coming years.

  • Rise in minimally invasive surgical procedures is major factor fueling the market during the forecast period.

  • High cost of general surgical devices is anticipated to hamper the market growth.

  • Lack of skilled technicians to operate surgical devices is projected to hamper the market growth in the coming years.

  • R&D investment and technological advancement in general surgical devices is projected to create lucrative opportunities for the market players.

Scope of Canada General Surgical Devices Market Report

The report on the Canada 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

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

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Handheld Devices, Laparoscopic Devices, Electro Surgical Devices, Wound Closure Devices, Trocars, and Access Devices, and Others), Applications (Cardiology, Neurology, Pulmonology, Gynecology, Orthopedic Surgery, Laparoscopy, Gastroenterology, ENT Surgery, and Others)

Country Scope

Canada

Report Coverage

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

Key Players Covered in the Report

Boston Scientific Corporation, Conmed Corporation, Meditronic Plc, B. Braun Melsungen AG, and Johnson and Johnson

Canada General Surgical Devices Market Segment Insights

The handheld devices segment is projected to represent a major market share

Based on types, the Canada general surgical devices market is segregated into handheld devices, laparoscopic devices, electro surgical devices, wound closure devices, trocars and access devices, and others. The handheld devices segment accounts for a key share of the market. Growth of the market is attributed to the increasing adoption of general surgical devices for diagnosis and treatment, rising prevalence of cardiac disease, unhealthy lifestyles, rise in elderly population, and increasing number of treatments. However, the electro surgical devices segment is anticipated to expand at a rapid pace during the forecast period due to increasing patient pool, rising geriatric population, and increase in preference for minor invasive surgeries.

Canada General Surgical Devices Market Types

The orthopedic surgery segment is anticipated to expand at a robust CAGR during the forecast period

Based on applications, the Canada general surgical devices market is fragmented into cardiology, neurology, pulmonology, gynecology, orthopedic surgery, laparoscopy, gastroenterology, ENT surgery, and others. The orthopedic surgery segment is anticipated to hold the major market share during the forecast period. Growth of the market is attributed to rising population, increase in disposable income, and growing awareness among population. However, the gynecology segment is anticipated to expand at a rapid pace during the forecast period due to factors such as international companies attracting many investors, technological innovations in surgical devices, and increasing adaptation of stem cell technologies.

Canada General Surgical Devices Market Application

Segments

The Canada general surgical devices market is segmented on the basis of

Types

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

Applications

  • Cardiology
  • Neurology
  • Pulmonology
  • Gynecology
  • Orthopedic Surgery
  • Laparoscopy
  • Gastroenterology
  • ENT Surgery
  • Others

Country

  • Canada

Key Players

  • Boston Scientific Corporation
  • Conmed Corporation
  • Meditronic Plc
  • B. Braun Melsungen AG
  • Johnson and Johnson

Competitive Landscape

The market for general surgical devices in Canada is highly competitive, with global and a few local players present. Major players in the Canada general surgical devices market include Boston Scientific Corporation, Conmed Corporation, Meditronic Plc, B. Braun Melsungen AG, and Johnson and Johnson.

Companies are engaging in mergers, acquisitions, and partnerships to extend their market share. Global players have a large share of the market, while local companies are also competing hard to gain a significant share of the market.

Canada General Surgical Devices Market Key Players

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 Types
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Types
     5.2.2. Y-o-Y Growth Projections by Types
  5.3. General Surgical Devices Market Size and Volume Forecast by Types
     5.3.1. Handheld Devices
     5.3.2. Laparoscopic Devices
     5.3.3. Electro Surgical Devices
     5.3.4. Wound Closure Devices
     5.3.5. Trocars
     5.3.6. Access Devices
     5.3.7. Others
  5.4. Absolute $ Opportunity Assessment by Types
  5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global General Surgical Devices Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. General Surgical Devices Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global General Surgical Devices Demand Share Forecast, 2019-2026
7. North 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
  7.2. North America General Surgical Devices Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America General Surgical Devices Market Size and Volume Forecast by Types
     7.4.1. Handheld Devices
     7.4.2. Laparoscopic Devices
     7.4.3. Electro Surgical Devices
     7.4.4. Wound Closure Devices
     7.4.5. Trocars
     7.4.6. Access Devices
     7.4.7. Others
  7.5. Basis Point Share (BPS) Analysis by Types
  7.6. Y-o-Y Growth Projections by Types
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America General Surgical Devices Demand Share Forecast, 2019-2026
8. Latin America 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. Latin America Average Pricing Analysis
  8.2. Latin America General Surgical Devices Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America General Surgical Devices Market Size and Volume Forecast by Types
     8.4.1. Handheld Devices
     8.4.2. Laparoscopic Devices
     8.4.3. Electro Surgical Devices
     8.4.4. Wound Closure Devices
     8.4.5. Trocars
     8.4.6. Access Devices
     8.4.7. Others
  8.5. Basis Point Share (BPS) Analysis by Types
  8.6. Y-o-Y Growth Projections by Types
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America General Surgical Devices Demand Share Forecast, 2019-2026
9. Europe 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. Europe Average Pricing Analysis
  9.2. Europe General Surgical Devices Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe General Surgical Devices Market Size and Volume Forecast by Types
     9.4.1. Handheld Devices
     9.4.2. Laparoscopic Devices
     9.4.3. Electro Surgical Devices
     9.4.4. Wound Closure Devices
     9.4.5. Trocars
     9.4.6. Access Devices
     9.4.7. Others
  9.5. Basis Point Share (BPS) Analysis by Types
  9.6. Y-o-Y Growth Projections by Types
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe General Surgical Devices Demand Share Forecast, 2019-2026
10. Asia Pacific 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. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific General Surgical Devices Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific General Surgical Devices Market Size and Volume Forecast by Types
     10.4.1. Handheld Devices
     10.4.2. Laparoscopic Devices
     10.4.3. Electro Surgical Devices
     10.4.4. Wound Closure Devices
     10.4.5. Trocars
     10.4.6. Access Devices
     10.4.7. Others
  10.5. Basis Point Share (BPS) Analysis by Types
  10.6. Y-o-Y Growth Projections by Types
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific General Surgical Devices Demand Share Forecast, 2019-2026
11. Middle East & Africa General Surgical Devices Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa General Surgical Devices Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa General Surgical Devices Market Size and Volume Forecast by Types
     11.4.1. Handheld Devices
     11.4.2. Laparoscopic Devices
     11.4.3. Electro Surgical Devices
     11.4.4. Wound Closure Devices
     11.4.5. Trocars
     11.4.6. Access Devices
     11.4.7. Others
  11.5. Basis Point Share (BPS) Analysis by Types
  11.6. Y-o-Y Growth Projections by Types
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa General Surgical Devices Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global General Surgical Devices Market: Market Share Analysis
  12.2. General Surgical Devices Distributors and Customers
  12.3. General Surgical Devices Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Boston Scientific Corporation
     12.4.2. Conmed Corporation
     12.4.3. Meditronic Plc
     12.4.4. B. Braun Melsungen AG
     12.4.5. Johnson and Johnson

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