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The Asia-Pacific surgical equipment market is undergoing significant trends shaped by technological advancements, the increasing demand for surgical procedures, and evolving healthcare infrastructures across the region. These trends reflect a dynamic landscape in surgical practices, with a focus on improving patient outcomes, enhancing procedural efficiency, and adapting to changing healthcare needs in Asia Pacific. In technological advancements of surgical equipment is one of the forces that drive the market trends. emergent technologies have changed the practices of the surgeon to be autonomous providing the crucial labors of the government are of the grade and the budget.
The Asia Pacific region reflects a significantly intensifying desire for minimal invasive surgeries. The less invasive professional procedures have been accepted not only by the patients but also by their professionals resulting in greater adoption of laparoscopic, endoscopic, and robotic-processed based techniques in various surgical specialties.
The field of robotics in surgical practices is growing popular. Harnessing the power of robotic-assisted surgical systems, surgeons gain improved precision, dexterity, and three dimensional visualization thereby enhancing effective outcomes as observed in complicated surgical procedures. Mining machine engages this trend specifically in urology, gynecology, and general surgery.
In the market for Asia Pacific, surgical navigation systems play a more and more substantial role. Intraoperative imaging and patient tracking integrated with navigation systems are used by these systems to help surgeons navigate accurately in operations particularly in neurosurgery, orthopedics, and complex cancer surgeries.
Radiofrequency: You can expect to see further improvement in electrosurgical instruments and as such they will drive market trends. Electronic instrumentation by starting advanced transmitter devices provide the defined clearance along with controlled coagulation that minimizes blood loss and the damages of the tissue during surgery. But such devices are on the verge of steep growth throughout many surgical specialties.
During the last decade Asia Pacific has witnessed a steady growth towards using ambulatory surgical centers. Ambulatory Surgery Centers offer cost saving and better outcomes in comparison to traditional in-hospital surgery settings that attract the medical professionals working for such centers to seek surgical devices which are mobile, portable and small to take up less space for ease of movements.
Human health and safety takes central focus in surgical setting in efforts to curtail infections. The market is also seeing a trend in vain on evolving surgical equipmentthat provides high safety features and materials with less amatagents or infections which goes along wtith the efforts to improve AHAIs internationally
Surgical equipment trends of the future include customizability and made to order designs.
As a result of the Novel COVID-19 pandemic, the reach of remote surgical support, as well as adoption of the telehealth practice has become highly pronounced. Surgical devices that are equipped with remote monitoring and connectivity allow surgeons to render consultations, advice or other forms of support even remotely, allowing continuity of care with minimal physical interventions.
There has been a steady increase in the sort venture and collaborations between medical institutions and medical technology companies. These partnerships intend at unifying surgical devices with digital technologies, data analysis, and artificial intelligence to make a single package which incorporates comprehensive and systematized approaches to surgical treatment. Government initiatives and healthcare policies play a pivotal role in shaping market trends. Changes in healthcare policies and reimbursement systems influence the adoption of advanced surgical equipment, impacting both healthcare providers and patients in the Asia Pacific region.
Asia Pacific Surgical Equipment Market Highlights:
Asia Pacific Surgical Equipment Market Overview
The Asia Pacific Surgical Equipment Market Size was valued at USD 7.19 Billion in 2023. The Global Asia Pacific Surgical Equipment industry is projected to grow from USD 7.58 Billion in 2024 to USD 13.4 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.67% during the forecast period (2024 - 2032). Surgical equipment plays a vital role during the surgeries. It is one of the important aspects in the medical as well as medical technology. With the developing surgical procedure, the trade of the instrument is developing. The instrument must have good quality and elaborative ornament to be prefer widely. Surgical equipment are widely used in neurosurgery, wound closure, urology, cardiovascular surgeries, orthopedic surgery, and others.
In July 2023, Smith+Nephew has launched REGENETEN Bioinductive Implant in India for rotator cuff injury treatment.
In May 2023, The first procedures were performed through Stryker’s Q Guidance System with Cranial Guidance Software as directed by surgeons
In May 2023, Smith+Nephew utilizes robotics for customized surgeries supported by an AI-based planning application and data visualization platform.
In June 2023, BD Unveils Their New Robotic System for Automating Clinical Flow Cytometry.
In September 2022, Olympus Corporation, a MedTech company, has introduced THUNDERBEAT Open Fine Jaw Type X surgical energy devices for open surgery. THUNDERBEAT Open Fine Jaw Type X surgical energy device was reconstructed with the new thermal shield to improve safety during procedures. It is available commercially in Japan.
In September 2022, The Japanese firm Olympus Corporation unveiled its latest surgical visualization platform, VISERA ELITE III designed to cater to the needs of HCPs across multiple medical disciplines performing endoscopic procedures.
In February 2022, Smith+Nephew also announced the release of the CORI Surgical System, their next-generation handheld robotic platform in Japan. Smith+Nephew’s NAVIO Surgical System has gained traction and proven itself over time in Japan as demonstrated by the growing use of its CORI Surgical System.
Also, Bengaluru’s Futura Surgicare Pvt Ltd expanded into a new vertical, Dolphin Hemostats and introduced Hemostax (Oxidised Regenerated Cellulose) under the brand Hemostax in February 2022. An absorbable hemostat known as the Hemostax Standard is expected to optimize surgeons’ control of bleeding rates. Such increased product launches in India promote market growth over the forecast period.
Ethicon from Johnson & Johnson MedTech launched the ECHELON 3000 Stapler in June (part of Ethicon, Johnson & Johnson MedTech). It is a digitally enabled device featuring enhanced one-handed powered articulation for unique patient requirements.
In April 2022, Ethicon (part of Johnson & Johnson MedTech) launched the ENSEAL X1 Straight Jaw Tissue Sealer. This new, advanced bipolar energy device has improved cutting and transection functionality, more robust sealing and increased tissue capture per bite.
Asia Pacific Surgical Equipment Market Trends
Increasing prevalence of chronic diseases, increasing number of hospitals, increasing geriatric population, and increasing healthcare expenditure boost the market growth. According to the World Health Organization (WHO), 60% of the world’s total diabetic population is living in Asia Pacific region. Additionally, diabetes is one of the major cause for cardiovascular diseases, which in turn, result into increased cardiac surgeries. Moreover, development in technology and increased government initiatives have a fuelled the growth of the market, from the last few years. On the other hand, high cost of the devices, and shortage of skilled labor may slow the growth of the market.
The Asia Pacific surgical equipment market is expected to grow at a CAGR of 4.67% over forecasted period.
Asia Pacific Surgical Equipment Segment Insights
Asia Pacific surgical equipment market is into product type, application, and end users.
Asia Pacific Surgical Equipment Product Type Insights
On the basis of product type the market is segmented into surgical sutures & staplers, handheld instruments, electrosurgical devices, electrosurgical generators, monitoring devices, and others. Surgical sutures & staplers are further segmented into absorbable and non-absorbable sutures. The handheld instruments are sub-segmented into forceps, sutures, visual scope, and others. The electrosurgical devices are further categorized into electrosurgical instruments (HET bipolar system, electrosurgical pencils, smoke evacuation system, and other), and electrosurgical generators.
Asia Pacific Surgical Equipment Application Insights
On the basis of application, the market is segmented into neurosurgery, wound closure, urology, cardiovascular surgeries, orthopedic surgery, and others.
Asia Pacific Surgical Equipment End User Insights
On the basis of end user, the market is segmented into government hospitals, private hospital, and other.
Asia Pacific Surgical Equipment Regional Insights
Asia Pacific surgical equipment market is segmented into Japan, China, India, Republic of Korea, Australia, and Rest of Asia Pacific. Increasing number of hospitals, rising geriatric population, and increasing healthcare expenditure drives the growth of Asia Pacific surgical equipment market. Moreover, increasing prevalence of chronic diseases, government initiatives, and increasing patient inflow have fuel the market growth. China holds the major share in the Asia Pacific surgical equipment market owing to huge geriatric population and rapidly developing economy. Moreover, India and Australia contributes considerable share to the market.
Key Players
Some of the key players in this market:
- Integra LifeSciences Corporation (US)
- Boston Scientific Corporation (US)
- Smith & Nephew (UK)
- B. Braun Melsungen AG (Germany)
- Ethicon LLC. (US)
- Stryker Corporation (US)
- COVIDIEN (US)
- CONMED Corporation (US)
- MEDICON (US)
- Synergetics USA, Inc. (US)
- Erbe Elektromedizin GmbH (Germany)
- KARL STORZ & Co. (US)
- KLS Martin (Germany)
Intended Audience
- Surgical Equipment Suppliers
- Surgical Equipment Manufacturers
- Medical Research Laboratories
- Medical Devices Companies
- Academic Medical Institutes and Universities
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