Europe Surgical Equipment Market 2024 Sales, Revenue, Price and Gross Margin - 2030

Europe Surgical Equipment Industry

The Europe surgical equipment market size is expected to reach USD 8.61 billion by 2030, growing at a CAGR of 8.8% from 2024 to 2030, according to a new report by Grand View Research, Inc. Increase in number of surgeries due to increase in prevalence of cardiovascular & gynecological disorders, birth rate, and cases of road accidents is driving the market.

Road accidents are the among the leading causes of mortality in most European countries. Eastern Europe registers maximum number of patients from road accidents every year. In addition, mental disorders, chronic respiratory disorders, and cancer contribute to over 86% of deaths in Europe. Increase in prevalence of these disorders is expected to fuel demand for surgical equipments in healthcare establishments across Europe. Growing incidence of these disorders can be attributed to inactive lifestyle, smoking, and high consumption of alcohol.

Increase in number of conventional surgeries and technological advancements have also created a high demand for modern surgical tools and techniques. Key players are increasingly focusing on development of technologically advanced devices. For instance, B. Braun, one of the leaders, has introduced electrosurgical products, such as the bipolar electrosurgical unit. Technological advancements in surgical tools have also improved their effectivity, further increasing demand. Powered equipments-both plugged and battery operated-are witnessing a high adoption, owing to their ease of use and effectiveness. Electrosurgeries can help significantly reduce blood loss during surgeries by immediate cauterization of tissue using electric current. The aforementioned factors are driving the growth of the Europe surgical instruments market.

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Europe Surgical Equipment Market Segments Highlights:

• Surgical sutures & stapler products dominated the market in 2023. These are utilized to close surgical incisions, reduced infection risk, providing quick placement, effective wound closure, and minimal tissue reaction, leading to a high demand for these instruments in surgical procedures.
• Electrosurgical devices are expected to grow at the fastest CAGR over the forecast period. The rise in chronic diseases has played a substantial role in the expansion of the electrosurgical devices and equipment market.
• Obstetrics & gynecology dominated the market in 2023, as more women are getting procedures for gynecological conditions such as endometriosis, fibroids, and uterine prolapse.
• Plastic & reconstructive surgery is projected to grow at the fastest CAGR over the forecast period.

Europe Surgical Equipment Market Report Segmentation

Grand View Research has segmented the Europe surgical equipment market on the basis of product, application and country:

Europe Surgical Equipment Product Outlook (Revenue, USD Million, 2018 - 2030)

• Surgical Sutures and Staplers
• Handheld Surgical Devices
  • Forceps and Spatulas
  • Retractors
  • Dilators
  • Graspers
  • Auxiliary Equipment’s
  • Cutter Equipment’s
  • Others
• Electrosurgical Devices

Europe Surgical Equipment Application Outlook (Revenue, USD Million, 2018 - 2030)

• Neurosurgery
• Plastic and Reconstructive Surgery
• Wound Closure
• Obstetrics and Gynecology
• Cardiovascular
• Orthopedic
• Others

Europe Surgical Equipment Country Outlook (Revenue, USD Million, 2018 - 2030)

• UK
• Germany
• France
• Italy
• Spain
• Sweden
• Denmark

Key Europe Surgical Equipment Company Insights

• Braun SE
• Smith & Nephew plc
• Zimmer Biomet
• Stryker
• Alcon Laboratories, Inc.
• Aspen Surgical Products, Inc.
• BD
• Medtronic
• Johnson & Johnson Services, Inc.

Order a free sample PDF of the Europe Surgical Equipment Market Intelligence Study, published by Grand View Research.