Market Overview:
The global medical surgical tools market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, rising demand for minimally invasive surgeries, and technological advancements in medical surgical tools. Based on type, the global medical surgical tools market is segmented into x-ray based equipment, molecular imaging equipment, magnetic resonance imaging (MRI) equipment, and ultrasound imaging equipment. The MRI equipment segment is expected to grow at the highest CAGR during the forecast period from 2018 to 2030. This growth can be attributed to the increasing demand for MRI scans for diagnosis and treatment of various diseases such as cancer and cardiovascular disorders. Based on application, the global medical surgical tools market is segmented into general medical imaging, central nervous system (CNS), oncology, cardiovascular system (CVS), metabolic disorders/obesity management/diabetes mellitus management & bariatric surgery support devices), life science research applications including preclinical studies & drug discovery research; regenerative medicine applications including cell therapy products development; tissue engineering products development; implantable device product development etc.), and other applications such as veterinary use & dentistry among others).
Product Definition:
Medical surgical tools are used to diagnose, treat and prevent illnesses and injuries. They include scalpels, needles, syringes and other sharp instruments.
X-ray based Equipment:
X-ray based equipment is the latest technology in medical surgical tools market. It's an innovative and powerful tool that uses invisible electromagnetic energy to produce images of internal body organs, bones & tissues with high resolution. The rays are produced by high powered X-rays which are then bent and focused on the target area by a special lens called an X-ray source.
Molecular Imaging Equipment:
Molecular imaging equipment is a type of medical technology that utilizes the molecular mechanisms for diagnosis and monitoring. It helps in visualizing chemical structures within cells, tissues, or organs without the use of ionizing radiation or X-rays. The basic principle behind this technology is based on the fact that molecules are very small and they interact with light naturally occurring electromagnetic radiations which can be captured by digital cameras and then processed by computers to yield images.
Application Insights:
The general medical imaging segment dominated the global medical surgical tools market in 2017. This can be attributed to the rising prevalence of chronic diseases, such as cancer, diabetes and cardiovascular diseases. According to WHO, it is estimated that around 17.7 million people died of CVDs in 2016 globally which accounts for around 31% of all deaths worldwide.
Oncology accounted for a significant share in 2017 due to increasing incidence rate of various cancers across the globe coupled with growing investments by government and private organizations towards research on cancer treatment methods using molecular imaging techniques.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of key players, high adoption rate for advanced technologies, and favorable reimbursement policies & regulatory approvals by government agencies. The U.S.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure & coverage; rising patient awareness regarding available treatments; increasing disposable income levels; and demand for cost-effective treatment options from patients across various verticals including medical & surgical dentistry, veterinary medicine etc.
Growth Factors:
- Increasing demand for minimally invasive surgical procedures: The global medical surgical tools market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing demand for minimally invasive surgical procedures. Minimally invasive surgeries are less traumatic and result in shorter hospital stays, which is driving the adoption of these procedures.
- Growing geriatric population: The global geriatric population is expected to grow at a CAGR of 7% during the forecast period, which will lead to an increase in the incidence of age-related diseases such as cancer, arthritis, and heart disease. This will drive the growth of the medical surgical tools market as these devices are used extensively in treatment of such diseases.
- Rising prevalence of chronic diseases: The prevalence of chronic diseases such as cancer, diabetes, and cardiovascular disorders is rising globally due to changing lifestyles and aging population. This is leading to an increase in demand for medical devices and surgical instruments used for diagnosis and treatment of these conditions, thereby driving growth prospects for this market over the next few years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Surgical Tools Market Research Report
By Type
X-ray based Equipment, Molecular Imaging Equipment, Magnetic Resonance Imaging (MRI) Equipment, Ultrasound Imaging Equipment
By Application
General Medical Imaging, Central Nervous System, Oncology, Cardiovascular, Metabolic Disorders, Life Science Research, Others Applications
By Companies
Medtronic, Zimmer Biomet Holdings, Smith & Nephew, Stryker, Alcon Laboratories, Conmed, Boston Scientific, B. Braun Melsungen, KLS Martin (kLS), Johnson and Johnson, Medtronic, GE Healthcare, Hitachi Medical Corporation, Toshiba Corporation
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Medical Surgical Tools Market Report Segments:
The global Medical Surgical Tools market is segmented on the basis of:
Types
X-ray based Equipment, Molecular Imaging Equipment, Magnetic Resonance Imaging (MRI) Equipment, Ultrasound Imaging Equipment
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
General Medical Imaging, Central Nervous System, Oncology, Cardiovascular, Metabolic Disorders, Life Science Research, Others Applications
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:
- Medtronic
- Zimmer Biomet Holdings
- Smith & Nephew
- Stryker
- Alcon Laboratories
- Conmed
- Boston Scientific
- B. Braun Melsungen
- KLS Martin (kLS)
- Johnson and Johnson
- Medtronic
- GE Healthcare
- Hitachi Medical Corporation
- Toshiba Corporation
Highlights of The Medical Surgical Tools 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:
- X-ray based Equipment
- Molecular Imaging Equipment
- Magnetic Resonance Imaging (MRI) Equipment
- Ultrasound Imaging Equipment
- By Application:
- General Medical Imaging
- Central Nervous System
- Oncology
- Cardiovascular
- Metabolic Disorders
- Life Science Research
- Others Applications
- 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 Medical Surgical Tools 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:
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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?
Medical surgical tools are any of a variety of devices used in surgery, including scalpels, scissors, forceps, and other instruments.
Some of the key players operating in the medical surgical tools market are Medtronic, Zimmer Biomet Holdings, Smith & Nephew, Stryker, Alcon Laboratories, Conmed, Boston Scientific, B. Braun Melsungen, KLS Martin (kLS), Johnson and Johnson, Medtronic, GE Healthcare, Hitachi Medical Corporation, Toshiba Corporation.
The medical surgical tools market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Surgical Tools 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 Medical Surgical Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Surgical Tools 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 Medical Surgical Tools 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 Medical Surgical Tools Market Size & Forecast, 2020-2028
4.5.1 Medical Surgical Tools Market Size and Y-o-Y Growth
4.5.2 Medical Surgical Tools Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 X-ray based Equipment
5.2.2 Molecular Imaging Equipment
5.2.3 Magnetic Resonance Imaging (MRI) Equipment
5.2.4 Ultrasound Imaging Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 General Medical Imaging
6.2.2 Central Nervous System
6.2.3 Oncology
6.2.4 Cardiovascular
6.2.5 Metabolic Disorders
6.2.6 Life Science Research
6.2.7 Others Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Surgical Tools 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 Medical Surgical Tools 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 X-ray based Equipment
9.6.2 Molecular Imaging Equipment
9.6.3 Magnetic Resonance Imaging (MRI) Equipment
9.6.4 Ultrasound Imaging Equipment
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 Market Size Forecast by Applications
9.10.1 General Medical Imaging
9.10.2 Central Nervous System
9.10.3 Oncology
9.10.4 Cardiovascular
9.10.5 Metabolic Disorders
9.10.6 Life Science Research
9.10.7 Others Applications
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 X-ray based Equipment
10.6.2 Molecular Imaging Equipment
10.6.3 Magnetic Resonance Imaging (MRI) Equipment
10.6.4 Ultrasound Imaging Equipment
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 Market Size Forecast by Applications
10.10.1 General Medical Imaging
10.10.2 Central Nervous System
10.10.3 Oncology
10.10.4 Cardiovascular
10.10.5 Metabolic Disorders
10.10.6 Life Science Research
10.10.7 Others Applications
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 X-ray based Equipment
11.6.2 Molecular Imaging Equipment
11.6.3 Magnetic Resonance Imaging (MRI) Equipment
11.6.4 Ultrasound Imaging Equipment
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 Market Size Forecast by Applications
11.10.1 General Medical Imaging
11.10.2 Central Nervous System
11.10.3 Oncology
11.10.4 Cardiovascular
11.10.5 Metabolic Disorders
11.10.6 Life Science Research
11.10.7 Others Applications
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 X-ray based Equipment
12.6.2 Molecular Imaging Equipment
12.6.3 Magnetic Resonance Imaging (MRI) Equipment
12.6.4 Ultrasound Imaging Equipment
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 Market Size Forecast by Applications
12.10.1 General Medical Imaging
12.10.2 Central Nervous System
12.10.3 Oncology
12.10.4 Cardiovascular
12.10.5 Metabolic Disorders
12.10.6 Life Science Research
12.10.7 Others Applications
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 X-ray based Equipment
13.6.2 Molecular Imaging Equipment
13.6.3 Magnetic Resonance Imaging (MRI) Equipment
13.6.4 Ultrasound Imaging Equipment
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) Market Size Forecast by Applications
13.10.1 General Medical Imaging
13.10.2 Central Nervous System
13.10.3 Oncology
13.10.4 Cardiovascular
13.10.5 Metabolic Disorders
13.10.6 Life Science Research
13.10.7 Others Applications
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 Medical Surgical Tools Market: Competitive Dashboard
14.2 Global Medical Surgical Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Zimmer Biomet Holdings
14.3.3 Smith & Nephew
14.3.4 Stryker
14.3.5 Alcon Laboratories
14.3.6 Conmed
14.3.7 Boston Scientific
14.3.8 B. Braun Melsungen
14.3.9 KLS Martin (kLS)
14.3.10 Johnson and Johnson
14.3.11 Medtronic
14.3.12 GE Healthcare
14.3.13 Hitachi Medical Corporation
14.3.14 Toshiba Corporation
