Global Handheld Surgical Devices Market Outlook
Synopsis
The above chart is Global Handheld Surgical Devices Market Outlook
Market Dynamics
The demand for handheld surgical devices is growing due to a number of factors, including:
the increasing prevalence of chronic diseases, such as cardiovascular disease, cancer, and diabetes. these diseases often require surgery, and handheld surgical devices are essential for many of these procedures.
the growing number of aging people. the elderly are more likely to need surgery than younger people, and handheld surgical devices are often used in minimally invasive procedures, which are preferred by older patients.
the increasing popularity of minimally invasive surgery. minimally invasive surgery is a less invasive alternative to traditional surgery, and it often requires the use of handheld surgical devices.
technological advances in handheld surgical devices. new technologies are making handheld surgical devices more precise, versatile, and user-friendly. this is making them more attractive to surgeons and hospitals.
the global market for handheld surgical devices is expected to grow at a cagr of 7.93% from 2023 to 2030. the market is being driven by the factors mentioned above, as well as the increasing demand for aesthetic procedures.
the major regions for handheld surgical devices are north america, europe, and asia-pacific. north america is the largest market due to the high prevalence of chronic diseases and the increasing number of aging people in the region. europe is also a major market, due to the well-established healthcare infrastructure and the increasing demand for minimally invasive surgery. asia-pacific is a rapidly growing market, due to the rising disposable income and the growing awareness about the benefits of minimally invasive surgery.
the key players in the global handheld surgical devices market are medtronic, johnson & johnson, b. braun melsungen ag, stryker, smith & nephew, conmed corporation, and zimmer biomet. these companies are focusing on developing innovative products and expanding their geographical presence in order to gain a competitive advantage in the market.