Market Overview:
The global surgery forceps market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing number of surgeries and rising demand for minimally invasive surgeries. In addition, the growing geriatric population is also contributing to the growth of this market. The global surgery forceps market is segmented on the basis of type, application, and region. On the basis of type, it is divided into electrosurgical forceps and normal surgery forceps. Electrosurgical forceps are further classified into bipolar cautery instruments and monopolar cautery instruments. On the basis of application, it is segmented into hospitals, clinics, and others (including research institutes). Geographically, it is analyzed across North America (U.S., Canada), Latin America (Mexico), Europe (Germany France Italy Spain U K), Asia Pacific (Japan China India Australia South Korea) Middle East & Africa(GCC Countries Turkey Nigeria South Africa).
Product Definition:
Surgical forceps are a handheld tool used by surgeons to grab and hold tissue. They come in many different shapes and sizes, depending on the surgery being performed. Forceps are important because they allow the surgeon to hold and manipulate tissue without damaging it.
Electrosurgical Forceps:
Electrosurgical forceps is a device that is used by the surgeon to carry out an operation. It consists of two metal prongs, which are connected by an insulated wire. The current from the battery produces electrical energy, which is then conducted through the insulated wire and converted into mechanical energy by means of a turbine-like mechanism inside the handle part.
Normal Surgery Forceps:
Normal surgery forceps are medical devices used by surgeons and medical practitioners for various surgical procedures. They are specially designed instruments that provide a strong yet controlled grip enabling the surgeon to perform the surgery efficiently.
Application Insights:
Based on application, the market is segmented into hospital, clinic and others. The hospital segment dominated the global surgery forceps market in 2017 owing to increasing healthcare expenditure globally. According to WHO, in 2016, an estimated 930 million people had no formal medical insurance coverage and were treated at hospitals without charge or only charged a nominal amount for their stay. This factor is anticipated to fuel demand for surgical instruments during future years.
The clinic segment is expected to witness significant growth over the forecast period due largely of increasing disposable income among middle-class population which has resulted in increased number of clinics across developing countries such as China and India where surgery forceps are used most commonly. Furthermore, rising awareness about availability of advanced surgical tools that result in less postoperative pain & suffering coupled with growing preference towards minimally invasive surgeries are factors anticipated to boost product demand from clinics over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to factors such as favorable reimbursement policies, high healthcare expenditure, and increasing awareness about minimally invasive surgeries. Europe is expected to witness significant growth over the forecast period owing to an increase in geriatric population and prevalence of chronic diseases that require surgical interventions. Asia Pacific is anticipated to register a lucrative CAGR during the forecast period due to rising medical tourism and improving healthcare infrastructure in economies including India, China, Thailand, Malaysia & Singapore.
The study objective was To determine if there was any difference between traditional forceps (with handles).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily due to the advantages offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. This is likely to drive the demand for surgical instruments such as forceps in the coming years.
- Rising prevalence of chronic diseases: The incidence of chronic diseases such as cancer, heart disease, and diabetes is on the rise globally due to changing lifestyles and increasing pollution levels. This has led to an increase in the number of surgical procedures performed each year worldwide. As a result, there is a growing demand for high-quality surgical instruments such as forceps that can help surgeons achieve accurate results during surgery.
Scope Of The Report
Report Attributes
Report Details
Report Title
Surgery Forceps Market Research Report
By Type
Electrosurgical Forceps, Normal Surgery Forceps
By Application
Hospital, Clinic, Others
By Companies
B. Braun, Erbe, Arthrex, EndoMed Systems, LZQ, STILLE, Argon Medical, Medi-Globe GmbH, LaproSurge, Prodimed, Johnson & Johnson, Olympus, CooperSurgical, Hangzhou Kangji Medical Instrument Ltd., Geyi Medical Instrument, Kirwan, Hu-Friedy
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
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Surgery Forceps Market Report Segments:
The global Surgery Forceps market is segmented on the basis of:
Types
Electrosurgical Forceps, Normal Surgery Forceps
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
Hospital, Clinic, Others
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:
- B. Braun
- Erbe
- Arthrex
- EndoMed Systems
- LZQ
- STILLE
- Argon Medical
- Medi-Globe GmbH
- LaproSurge
- Prodimed
- Johnson & Johnson
- Olympus
- CooperSurgical
- Hangzhou Kangji Medical Instrument Ltd.
- Geyi Medical Instrument
- Kirwan
- Hu-Friedy
Highlights of The Surgery Forceps 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:
- Electrosurgical Forceps
- Normal Surgery Forceps
- By Application:
- Hospital
- Clinic
- Others
- 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 Surgery Forceps 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.
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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?
Surgical forceps are a medical instrument used to grasp and hold objects during surgery.
Some of the major players in the surgery forceps market are B. Braun, Erbe, Arthrex, EndoMed Systems, LZQ, STILLE, Argon Medical, Medi-Globe GmbH, LaproSurge, Prodimed, Johnson & Johnson, Olympus, CooperSurgical, Hangzhou Kangji Medical Instrument Ltd., Geyi Medical Instrument, Kirwan, Hu-Friedy.
The surgery forceps market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Surgery Forceps 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 Surgery Forceps Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Surgery Forceps 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 Surgery Forceps 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 Surgery Forceps Market Size & Forecast, 2020-2028 4.5.1 Surgery Forceps Market Size and Y-o-Y Growth 4.5.2 Surgery Forceps 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 Electrosurgical Forceps
5.2.2 Normal Surgery Forceps
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 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Surgery Forceps 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 Surgery Forceps 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 Electrosurgical Forceps
9.6.2 Normal Surgery Forceps
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 Hospital
9.10.2 Clinic
9.10.3 Others
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 Electrosurgical Forceps
10.6.2 Normal Surgery Forceps
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 Hospital
10.10.2 Clinic
10.10.3 Others
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 Electrosurgical Forceps
11.6.2 Normal Surgery Forceps
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 Hospital
11.10.2 Clinic
11.10.3 Others
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 Electrosurgical Forceps
12.6.2 Normal Surgery Forceps
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 Hospital
12.10.2 Clinic
12.10.3 Others
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 Electrosurgical Forceps
13.6.2 Normal Surgery Forceps
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 Hospital
13.10.2 Clinic
13.10.3 Others
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 Surgery Forceps Market: Competitive Dashboard
14.2 Global Surgery Forceps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 B. Braun
14.3.2 Erbe
14.3.3 Arthrex
14.3.4 EndoMed Systems
14.3.5 LZQ
14.3.6 STILLE
14.3.7 Argon Medical
14.3.8 Medi-Globe GmbH
14.3.9 LaproSurge
14.3.10 Prodimed
14.3.11 Johnson & Johnson
14.3.12 Olympus
14.3.13 CooperSurgical
14.3.14 Hangzhou Kangji Medical Instrument Ltd.
14.3.15 Geyi Medical Instrument
14.3.16 Kirwan
14.3.17 Hu-Friedy