Market Overview:
The global hand-assisted devices market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The increasing demand for minimally invasive surgeries, technological advancements in hand-assisted devices, and rising number of surgical procedures are some of the major factors driving the growth of this market. Based on type, the global hand-assisted devices market is segmented into endoscopes and electrosurgical generators. The endoscope segment is expected to account for a larger share of the market in 2018 owing to its growing use in minimally invasive surgeries. Based on application, the global hand-assisted devices market is segmented into hospitals and clinics. The hospitals segment accounted for a larger share of the market in 2017 due to higher demand from patients undergoing complex surgical procedures.
Product Definition:
A hand-assisted device is a tool that provides extra gripping power to help someone do something they might not be able to do on their own. This can include things like opening a jar, turning a key, or picking up something heavy. Hand-assisted devices are often used by people with limited strength or dexterity in their hands, and they can be very helpful in making everyday tasks easier.
Endoscope:
Endoscope is a flexible, hollow, camera-like instrument that is inserted into the body via the mouth or nose. It allows physicians to view internal organs in detail and aids in diagnosis and treatment.
Electrosurgical Generators:
Electrosurgical generators are devices that produce electrical energy for use in surgical procedures. They are used to provide an electric current to the tissues or organs for coagulation, cutting, and cauterization purposes. Electrosurgical generators can be classified into two types on the basis of their application areas: stationary electrosurgical generators and portable electrosurgical generators.
Application Insights:
Based on application, the global hand-assisted devices market is segmented into hospitals, clinics and other healthcare facilities. Hospitals held the largest share in 2017 owing to factors such as a high prevalence of chronic diseases and an increasing number of surgeries. According to WHO, around 1 billion people suffer from chronic diseases every year; out of which 90% are suffered from non-communicable diseases (NCDs). This factor is expected to increase the demand for minimally invasive procedures during future years.
The Clinic segment is anticipated to grow at a significant rate over the forecast period due to rising disposable income levels and improved standard of living in emerging countries such as India, China and Brazil among others. Furthermore, increasing investments by governments in developing healthcare infrastructure will boost growth further.
Regional Analysis:
North America dominated the global market in 2017 owing to factors such as favorable reimbursement policies, increasing geriatric population, and technological advancements. The U.S. is a major contributor to the North American regional market due to its well-developed healthcare sector and high per capita income of around ,000 USD annually.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as improving infrastructure in rural areas and urban slums; rising medical tourism; government initiatives for Universal Health Care (UHC) schemes; economic development through foreign investments by countries like Japan, China & Australia etc.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increased demand for hand-assisted devices, as they are specifically designed for elderly patients with limited mobility.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as arthritis, stroke, and Parkinson’s disease is increasing globally due to changing lifestyles and aging populations. This is leading to an increased demand for hand-assisted devices as they help improve the quality of life for patients suffering from these conditions.
- Technological advancements: Hand-assisted devices are becoming increasingly sophisticated with each passing year, with new features being added regularly based on customer feedback and market research studies. This is resulting in greater acceptance among consumers, which is driving market growth further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hand-Assisted Devices Market Research Report
By Type
Endoscope, Electrosurgical Generators
By Application
Hospitals, Clinic
By Companies
Apollo Endoscopy, Applied Medical, B.Braun/Aesculap, Bayer, Blue Endo, Bovie Medical, C. R. Bard, Cambridge Endo, Cardinal Health, CareFusion, Apollo Endoscopy, Cooper Surgical, Cousin Biotech, Medtronic, ERBE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Hand-Assisted Devices Market Report Segments:
The global Hand-Assisted Devices market is segmented on the basis of:
Types
Endoscope, Electrosurgical Generators
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinic
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Apollo Endoscopy
- Applied Medical
- B.Braun/Aesculap
- Bayer
- Blue Endo
- Bovie Medical
- C. R. Bard
- Cambridge Endo
- Cardinal Health
- CareFusion
- Apollo Endoscopy
- Cooper Surgical
- Cousin Biotech
- Medtronic
- ERBE
Highlights of The Hand-Assisted Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Endoscope
- Electrosurgical Generators
- By Application:
- Hospitals
- Clinic
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hand-Assisted Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hand-assisted devices are a type of assistive technology that allow people with disabilities to use standard hand tools. These tools can help people with disabilities complete tasks such as assembling furniture, repairing electronics, or painting walls.
Some of the key players operating in the hand-assisted devices market are Apollo Endoscopy, Applied Medical, B.Braun/Aesculap, Bayer, Blue Endo, Bovie Medical, C. R. Bard, Cambridge Endo, Cardinal Health, CareFusion, Apollo Endoscopy, Cooper Surgical, Cousin Biotech, Medtronic, ERBE.
The hand-assisted devices market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hand-Assisted Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hand-Assisted Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hand-Assisted Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hand-Assisted Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hand-Assisted Devices Market Size & Forecast, 2018-2028
4.5.1 Hand-Assisted Devices Market Size and Y-o-Y Growth
4.5.2 Hand-Assisted Devices Market Absolute $ Opportunity
Chapter 5 Global Hand-Assisted Devices Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Hand-Assisted Devices Market Size Forecast by Type
5.2.1 Endoscope
5.2.2 Electrosurgical Generators
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Hand-Assisted Devices Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Hand-Assisted Devices Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hand-Assisted Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hand-Assisted Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Hand-Assisted Devices Analysis and Forecast
9.1 Introduction
9.2 North America Hand-Assisted Devices Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Hand-Assisted Devices Market Size Forecast by Type
9.6.1 Endoscope
9.6.2 Electrosurgical Generators
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Hand-Assisted Devices Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Hand-Assisted Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Hand-Assisted Devices Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Hand-Assisted Devices Market Size Forecast by Type
10.6.1 Endoscope
10.6.2 Electrosurgical Generators
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Hand-Assisted Devices Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Hand-Assisted Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Hand-Assisted Devices Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Hand-Assisted Devices Market Size Forecast by Type
11.6.1 Endoscope
11.6.2 Electrosurgical Generators
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Hand-Assisted Devices Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Hand-Assisted Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Hand-Assisted Devices Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Hand-Assisted Devices Market Size Forecast by Type
12.6.1 Endoscope
12.6.2 Electrosurgical Generators
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Hand-Assisted Devices Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Hand-Assisted Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Hand-Assisted Devices Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Hand-Assisted Devices Market Size Forecast by Type
13.6.1 Endoscope
13.6.2 Electrosurgical Generators
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Hand-Assisted Devices Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hand-Assisted Devices Market: Competitive Dashboard
14.2 Global Hand-Assisted Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apollo Endoscopy
14.3.2 Applied Medical
14.3.3 B.Braun/Aesculap
14.3.4 Bayer
14.3.5 Blue Endo
14.3.6 Bovie Medical
14.3.7 C. R. Bard
14.3.8 Cambridge Endo
14.3.9 Cardinal Health
14.3.10 CareFusion
14.3.11 Apollo Endoscopy
14.3.12 Cooper Surgical
14.3.13 Cousin Biotech
14.3.14 Medtronic
14.3.15 ERBE
