Report Description
The Saudi Arabia general surgical devices market size is expected to expand at a high CAGR of more than 8% during the forecast period, 2021–2028. 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. The Covid-19 pandemic affected the demand and supply of Saudi Arabia 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.
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 the Report
The report on the Saudi Arabia 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
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Details
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Report Title
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General Surgical Devices Market - Saudi Arabia Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Products (Laparoscopic Devices, Handheld Devices, Electro Surgical Devices, Wound Closure Devices, Trocars and Access Devices, and Others), and Applications (General Surgery, Gynecology and Urology, Orthopedic, Cardiology, Neurology, and Others)
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Regional Scope
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Saudi Arabia
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Johnson & Johnson (Ethicon), Medtronic PLC., B. Braun Melsungen AG, Conmed Corporation, and Boston Scientific Corporation
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Market Segment Insights
The handheld devices segment is projected to represent a major market share
Based on products, the general surgical devices market is fragmented into laparoscopic devices, handheld 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.
The orthopedic surgery segment is anticipated to expand at a robust CAGR during the forecast period
Based on applications, the general surgical devices market is segregated into general surgery, gynecology and urology, orthopedic, cardiology, neurology, 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, increasing 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.
Segments
Segments Covered in the Report
The Saudi Arabia general surgical devices market has been segmented on the basis of
Products
- Laparoscopic Devices
- Handheld Devices
- Electro Surgical Devices
- Wound Closure Devices
- Trocars and Access Devices
- Others
Applications
- General Surgery
- Gynecology and Urology
- Orthopedic
- Cardiology
- Neurology
- Others
Key Players
- Johnson & Johnson (Ethicon)
- Medtronic PLC.
- B. Braun Melsungen AG
- Conmed Corporation
- Boston Scientific Corporation
Competitive Landscape
Key players competing in the general surgical devices market include Johnson & Johnson (Ethicon), Medtronic PLC., B. Braun Melsungen AG, Conmed Corporation, and Boston Scientific Corporation
Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and raise their production line of the business in the coming years.
Table Of Content
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 Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. General Surgical Devices Market Size and Volume Forecast by Applications
5.3.1. General Surgery
Gynecology and Urology
Orthopedic
Cardiology
Neurology
Others
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
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 Applications
7.4.1. General Surgery
Gynecology and Urology
Orthopedic
Cardiology
Neurology
Others
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
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 Applications
8.4.1. General Surgery
Gynecology and Urology
Orthopedic
Cardiology
Neurology
Others
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
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 Applications
9.4.1. General Surgery
Gynecology and Urology
Orthopedic
Cardiology
Neurology
Others
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
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 Applications
10.4.1. General Surgery
Gynecology and Urology
Orthopedic
Cardiology
Neurology
Others
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
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 Applications
11.4.1. General Surgery
Gynecology and Urology
Orthopedic
Cardiology
Neurology
Others
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
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. Johnson & Johnson (Ethicon)
Medtronic PLC.
B. Braun Melsungen AG
Conmed Corporation
Boston Scientific Corporation