Surgical Equipment Market to 2018 - Increased Access to Ambulatory Surgical Centers to Drive Outpatient Surgery Volumes

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Market	Healthcare and Medical
Report Type	Market Research
Country	Global
Published	11 September 2012
Number of Pages	93
Report Delivery	Email
Delivery Lead Time	1-3 hours, 24 hour max
Publisher	GBI Research
File Format	PDF

Global surgical equipment market to hit value of $7 billion by 2018

More and more surgical procedures are being performed globally every year, driving the demand for new and improved surgical equipment. This increase in surgical procedures is due to improving healthcare infrastructure in emerging countries, increasing cases of lifestyle diseases and technological innovations boosting the possible workload of surgeons.

According to the Centre for Disease Control (CDC), approximately 48 million surgical procedures are performed in the US each year, while emerging countries such as India and China hold huge future potential for surgery due to increased healthcare expenditure and huge patient populations. The spread of westernised living standards has led to a worldwide increase in diseases such as obesity, lung cancer, cardiovascular diseases and kidney disorders, expanding the patient population eligible for surgery.

Accessibility, affordability and patient comfort are also driving up demand for outpatient procedures. Outpatient surgery are found to be more cost-effective than inpatient surgeries, as they eliminate hospitalization costs, minimize the time spent in the operating theatre, and cut costs for staffing and travel.

Advances in anesthesia, surgical techniques and devices, have changed the way surgery is performed. Minimally Invasive Surgeries (MIS) can be applied to most surgical specialties, such as neurology, cosmetic, cardiothoracic, ophthalmology, orthopedic, urology, vascular and dentistry. MIS offer several benefits such as reduced post-operative pain, less visible scarring, faster recovery, reduced risk of infection, reduced bleeding, and improved accuracy. The use of laparoscopes means that surgeries such as hernia repairs and gallbladder and appendix removals can be carried out in outpatient settings, while laser vision correction is a popular outpatient procedure that also relies on new technology.

A growth in the number of Medicare-certified Ambulatory Surgical Centers (ASCs) in the US is also driving the demand for surgical equipment. ASCs have resulted in an improved accessibility resulting in an increased number of surgeries.

The increasing volume of surgical procedures being carried out is resulting in a growing demand for surgical equipment such as surgical sutures, electrosurgical devices and hand instruments. The global market for surgical equipment is therefore forecast to exceed $7 billion by 2018, following growth at a Compound Annual Growth Rate (CAGR) of 4.2% during 2011-2018.

Report Overview

This report provides key data, information and analysis on the global surgical equipment market. The report provides market landscape, competitive landscape and market trends information on the three surgical equipment market categories: surgical sutures, hand instruments and electrosurgical devices. The report provides comprehensive information on the key trends affecting these categories, and key analytical content on the market dynamics. The report also reviews the competitive landscape and gives a detailed analysis of the pipeline products in each category. The report also reviews details regarding important merger and acquisition deals that have taken place in the global surgical equipment market. This report is built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by our team of industry experts.

Scope

- Key geographies of the US, Canada, the UK, Germany, France, Italy, Spain, Japan, China, India, Australia and Brazil
- Market size data for the three surgical equipment market categories of: surgical sutures, hand instruments and electrosurgical devices
- Annualized market revenues data, forecasts for seven years through to 2018, as well as company share data for 2011
- Qualitative analysis of key market trends for the surgical equipment market
- Information on the leading market players, the competitive landscape, and the leading technologies in the market

Reasons to buy

- Develop business strategies by understanding the trends and developments that are driving the surgical equipment market globally.
- Design and develop your product development, marketing and sales strategies
- Exploit M&A opportunities by identifying market players with the most innovative pipelines
- Develop market-entry and market expansion strategies
- Identify key players best positioned to take advantage of the emerging market opportunities
- Exploit in-licensing and out-licensing opportunities by identifying products most likely to ensure a robust return
- What's the next big thing in the surgical equipment market landscape? – Identify, understand and capitalize
- Make more informed business decisions from the report's insightful and in-depth analysis of the global surgical equipment market and the factors shaping it

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1 Table of Contents

1.1 List of Tables
1.2 List of Figures

2 Introduction

3 Surgical Equipment: Market Characterization

3.1 Global Surgical Equipment Market, Revenue ($ billion), 2004–2011
3.2 Global Surgical Equipment Market, Revenue ($ billion), 2011–2018
3.3 Global Surgical Equipment Market, Key Company Share (%), 2011

3.4 Global Surgical Equipment Market, Key Trends
3.4.1 Shift to Minimally Invasive Surgical Procedures is a Growing Trend in Healthcare Sector
3.4.2 Increased Utilization of Electrosurgical Devices in Surgical Procedures across the World
3.4.3 Automated Suturing Devices Preferred over Conventional Suturing

3.5 Surgical Equipment, Market Dynamics
3.5.1 Market Drivers
3.5.2 Market Restraints

4 Global Surgical Equipment Market: Category Analysis and Forecasts

4.1 Surgical Sutures Market, Global, Revenue ($ billion), 2004 –2011
4.2 Surgical Sutures Market, Global, Revenue Forecast ($ billion), 2011–2018
4.3 Surgical Sutures Market, Global, Company Shares (%), 2011

4.4 Surgical Sutures: Market Dynamics
4.4.1 Market Drivers
4.4.2 Market Restraints

4.5 Hand Instruments Market, Global, Revenue ($m), 2004–2011
4.6 Hand Instruments Market, Global, Revenue Forecast ($m), 2011–2018
4.7 Hand Instruments Market, Global, Company Shares (%), 2011

4.8 Hand Instruments: Market Dynamics
4.8.1 Market Drivers
4.8.2 Market Restraints

4.9 Electrosurgical Devices Market, Global, Revenue ($m), 2004–2011
4.10 Electrosurgical Devices Market, Revenue ($m), 2011–2018
4.11 Global Electrosurgical Devices Market, Global, Company Shares (%), 2011

4.12 Electrosurgical Devices: Market Dynamics
4.12.1 Market Drivers
4.12.2 Market Restraints

5 Global Surgical Equipment Market: Country Analysis and Forecasts

5.1 Surgical Equipment Market: Cross-Country Analysis

5.2 Historic and Forecast Revenue, by Country, 2004–2018
5.2.1 Surgical Equipment Market, US, Revenue ($m), 2004–2011
5.2.2 Surgical Equipment Market, US, Revenue ($m), 2011–2018
5.2.3 Surgical Equipment Market, Canada, Revenue ($m), 2004–2011
5.2.4 Surgical Equipment Market, Canada, Revenue ($m), 2011–2018
5.2.5 Surgical Equipment Market, UK, Revenue ($m), 2004–2011
5.2.6 Surgical Equipment Market, UK, Revenue ($m), 2011–2018
5.2.7 Surgical Equipment Market, Germany, Revenue ($m), 2004–2011
5.2.8 Surgical Equipment Market, Germany, Revenue ($m), 2011–2018
5.2.9 Surgical Equipment Market, France, Revenue ($m), 2004–2011
5.2.10 Surgical Equipment Market, France, Revenue ($m), 2011–2018
5.2.11 Surgical Equipment Market, Italy, Revenue ($m), 2004–2011
5.2.12 Surgical Equipment Market, Italy, Revenue ($m), 2011–2018
5.2.13 Surgical Equipment Market, Spain, Revenue ($m), 2004–2011
5.2.14 Surgical Equipment Market, Spain, Revenue ($m), 2011–2018
5.2.15 Surgical Equipment Market, Japan, Revenue ($m), 2004–2011
5.2.16 Surgical Equipment Market, Japan, Revenue ($m), 2011–2018
5.2.17 Surgical Equipment Market, China, Revenue ($m), 2004–2011
5.2.18 Surgical Equipment Market, China, Revenue ($m), 2011–2018
5.2.19 Surgical Equipment Market, India, Revenue ($m), 2004–2011
5.2.20 Surgical Equipment Market, India, Revenue ($m), 2011–2018
5.2.21 Surgical Equipment Market, Australia, Revenue ($m), 2004–2011
5.2.22 Surgical Equipment Market, Australia, Revenue ($m), 2011–2018
5.2.23 Surgical Equipment Market, Brazil, Revenue ($m), 2004–2011
5.2.24 Surgical Equipment Market, Brazil, Revenue ($m), 2011–2018

6 Global Surgical Equipment Market: Competitive Assessment

6.1 Ethicon
6.1.1 Marketed Products

6.2 Covidien
6.2.1 Marketed Products

6.3 B. Braun Melsungen,
6.3.1 Marketed Products:

6.4 Integra LifeSciences
6.4.1 Marketed Products

6.5 ERBE Elektromedizin
6.5.1 Marketed Products

6.6 Conmed Corporation
6.6.1 Marketed Products

6.7 CareFusion Corporation
6.7.1 Marketed Products

6.8 Codman & Shurtleff (Codman)
6.8.1 Marketed Products

6.9 KLS Martin Group (KMG)
6.9.1 Marketed Products

7 Global Surgical Equipment Market: Product Pipeline Analysis

7.1 Surgical Sutures Market
7.1.1 List of Pipeline Products: Surgical Sutures
7.1.2 Profiles of Pipeline Products: Surgical Sutures

7.2 Hand Instruments
7.2.1 List of Pipeline Products: Hand Instruments
7.2.2 Profiles of Pipeline Products: Hand Instruments

7.3 Electrosurgical Devices
7.3.1 List of Pipeline Products: Electrosurgical Devices
7.3.2 Profiles of Pipeline Products: Electrosurgical Devices

8 Global Surgical Equipment Market: Consolidation Landscape

8.1 Deals by Volume, 2008–2011

8.2 Deals, 2008–2011
8.2.1 Advanced Medical Solutions' Acquisition of Resorba Wundversorgung
8.2.2 Symmetry Medical's Acquisition of Olsen Medical
8.2.3 Medtronic's Acquisition of Peak Surgical
8.2.4 Medtronic's Acquisition of Salient Surgical Technologies
8.2.5 SISK Group's Acquisition of Eschmann Holdings

9 Appendix

9.1 Definitions
9.1.1 Surgical Equipment

9.2 Acronyms
9.3 Sources

9.4 Research Methodology
9.4.1 Secondary Research
9.4.2 Primary Research
9.4.3 Models
9.4.4 Forecasts
9.4.5 Expert Panels

9.5 Contact Us
9.6 Disclaimer

List of Tables

Table 1: Surgical Equipment Market, Global, Revenue ($bn), 2004–2011
Table 2: Surgical Equipment Market, Global, Revenue ($bn), 2011–2018
Table 3: Surgical Equipment Market, Global, Key Company Revenue ($m), 2011
Table 4: Hospital Groups Planning Expansion, India, 2010
Table 5: Percentage of People Aged 65 and over in Total Adult Population, by Country (%), 1980–2050
Table 6: Total Healthcare Expenditure and Growth Rates, US, 1997–2009
Table 7: Total Healthcare Expenditure and Growth Rates, UK, 1997–2009
Table 8: Surgical Sutures Market, Global, Revenue ($ bn), 2004–2011
Table 9: Surgical Sutures Market, Global, Revenues ($ bn), 2011–2018
Table 10: Surgical Sutures Market, Global, Key Company Revenue ($m), 2011
Table 11: Number of Plastic Surgery Procedures, by Country, 2009
Table 12: Plastic Surgery Procedures, Statistics, UK, 2008–2011
Table 13: Absorbable Surgical Sutures Market, 2012
Table 14: Automatic Suturing Devices, 2012
Table 15: Advantages Of Alternative Methods Of Surgical Wound Closure
Table 16: Hand Instruments Market, Global, Revenue ($m), 2004–2011
Table 17: T Hand Instruments Market, Global, Revenue ($m), 2011–2018
Table 18: Hand Instruments Market, Global, Key Company Revenue ($m), 2011
Table 19: Electrosurgical Devices Market, Global, Revenue ($m), 2004–2011
Table 20: Electrosurgical Devices Market, Global, Revenue ($m), 2011–2018
Table 21: Electrosurgical Devices Market, Global, Key Company Revenue ($m), 2011
Table 22: Surgical Equipment Market, Cross-Country Analysis, Global, CAGR (%), 2004–2018
Table 23: Surgical Equipment Market, US, Revenue ($m), 2004–2011
Table 24: Surgical Equipment Market, US, Revenue ($m), 2011–2018
Table 25: Surgical Equipment Market, Canada, Revenue ($m), 2004–2011
Table 26: Surgical Equipment Market, Canada, Revenue ($m), 2011–2018
Table 27: Surgical Equipment Market, UK, Revenue ($m), 2004–2011
Table 28: Surgical Equipment Market, UK, Revenue ($m), 2011–2018
Table 29: Surgical Equipment Market, Germany, Revenue ($m), 2004–2011
Table 30: Surgical Equipment Market, Germany, Revenue ($m), 2011–2018
Table 31: Surgical Equipment Market, France, Revenue ($m), 2004–2011
Table 32: Surgical Equipment Market, France, Revenue ($m), 2011–2018
Table 33: Surgical Equipment Market, Italy, Revenue ($m), 2004–2011
Table 34: Surgical Equipment Market, Italy, Revenue ($m), 2011–2018
Table 35: Surgical Equipment Market, Spain, Revenue ($m), 2004–2011
Table 36: Surgical Equipment Market, Spain, Revenue ($m), 2011–2018
Table 37: Surgical Equipment Market, Japan, Revenue ($m), 2004–2011
Table 38: Surgical Equipment Market, Japan, Revenue ($m), 2011–2018
Table 39: Surgical Equipment Market, China, Revenue ($m), 2004–2011
Table 40: Surgical Equipment Market, China, Revenue ($m), 2011–2018
Table 41: Surgical Equipment Market, India, Revenue ($m), 2004–2011
Table 42: Surgical Equipment Market, India, Revenue ($m), 2011–2018
Table 43: Surgical Equipment Market, Australia, Revenue ($m), 2004–2011
Table 44: Surgical Equipment Market, Australia, Revenue ($m), 2011–2018
Table 45: Surgical Equipment Market, Brazil, Revenue ($m), 2004–2011
Table 46: Surgical Equipment Market, Brazil, Revenue ($m), 2011–2018
Table 47: Surgical Sutures Market, Global, Pipeline Products Analysis, 2012
Table 48: Antimicrobial Suture, Product Status, Global, 2012
Table 49: CollaFix Suture, Product Status, US, 2012
Table 50: Additional Plus Barbed Suture, Product Status, Europe, 2012
Table 51: Additional Plus Barbed Suture, Product Status, US, 2012
Table 52: Tephaflex Absorbable Multifilament Fiber, Product Status, Global, 2012
Table 53: Vicryl Rapide Plus Suture, Product Status, US, 2012
Table 54: Vicryl Rapide Plus Suture, Product Status,Europe, 2012
Table 55: Hand Instruments Market, Pipeline Products, by Development Stage
Table 56: Hand Instruments Market, Global, Pipeline Products Analysis, 2012
Table 57: Assuage Smart Retractor, Products Status, US, 2012
Table 58: Endolift, Products Status, Europe, 2012
Table 59: Ergonomic Scalpel Handle Device, Products Status, Global, 2012
Table 60: Magnetic Retractors - NOTES, Products Status, Global, 2012
Table 61: Intravenous Valve, Products Status, US, 2012
Table 62: Electrosurgical Devices, Pipeline Products, by Development Stage, 2012
Table 63: Electrosurgical Devices Market, Global, Pipeline Products Analysis, 2012
Table 64: Electrosurgical Devices Market, Global, Pipeline Products Analysis, 2012
Table 65: The Aaron 1450-RF, Products Status, US, 2012
Table 66: Enseal Next Gen 1 Tissue Sealers, Products Status, US, 2012
Table 67: ENSEAL Next Gen 2 Tissue Sealers, Products Status, US, 2012
Table 68: Laparoscopic Electrosurgical Electrical Leakage Detection Device, Products Status, US, 2012
Table 69: Multi-Channel Radiofrequency Generator, Products Status, US, 2012
Table 70: Spinal Tumor Ablation with Radiofrequency System, Products Status, US, 2012
Table 71: TH-One, Products Status, US, 2012
Table 72: Surgical Equipment Market, Mergers and Acquisitions, Global, 2010–2011

List of Figures

Figure 1: Surgical Equipment Market, Global, Revenue ($bn), 2004–2011
Figure 2: Surgical Equipment Market, Global, Revenue ($bn), 2011–2018
Figure 3: Surgical Equipment Market, Global, Company Share (%), 2011
Figure 4: Number of Medicare Certified ASCs, the US, 2002–2009
Figure 5: Surgical Equipment, Market Drivers in Emerging Countries
Figure 6: Percentage of People Aged 65 and over in Total Adult Population, by Country (%), 1980–2050
Figure 7: Increase in Percentage of Elderly in the Population, Global, 2010–2050
Figure 8: Total Healthcare Expenditure and Growth Rates, US, 1997–2009
Figure 9: Total Healthcare Expenditure and Growth Rates, UK, 1997–2010
Figure 10: Surgical Equipment, Market Categorization and Segmentation
Figure 11: Surgical Sutures Market, Global, Revenue ($ bn), 2004–2011
Figure 12: Surgical Sutures Market, Global, Revenues ($ bn), 2011–2018
Figure 13: Surgical Sutures Market, Global, Company Share (%), 2011
Figure 14: Plastic Surgery Procedures and Absorbable Sutures Market, Volume, UK, 2008–2011
Figure 15: Hand Instruments Market, Global, Revenue ($m), 2004–2011
Figure 16: Hand Instruments Market, Global, Revenue ($m), 2011–2018
Figure 17: Hand Instruments Market, Global, Company Share (%), 2011
Figure 18: Electrosurgical Devices Market, Global, Revenue ($m), 2004–2011
Figure 19: Electrosurgical Devices Market, Global, Revenue ($m), 2011–2018
Figure 20: Electrosurgical Devices Market, Global, Company Shares (%), 2011
Figure 21: Surgical Equipment Market, Cross-Country Analysis, Global, CAGR (%), 2004–2018
Figure 22: Surgical Equipment Market, US, Revenue ($m), 2004–2011
Figure 23: Surgical Equipment Market, US, Revenue ($m), 2011–2018
Figure 24: Surgical Equipment Market, Canada, Revenue ($m), 2004–2011
Figure 25: Surgical Equipment Market, Canada, Revenue ($m), 2011–2018
Figure 26: Surgical Equipment Market, UK, Revenue ($m), 2004–2011
Figure 27: Surgical Equipment Market, UK, Revenue ($m), 2011–2018
Figure 28: Surgical Equipment Market, Germany, Revenue ($m), 2004–2011
Figure 29: Surgical Equipment Market, Germany, Revenue ($m), 2011–2018
Figure 30: Surgical Equipment Market, France, Revenue ($m), 2004–2011
Figure 31: Surgical Equipment Market, France, Revenue ($m), 2011–2018
Figure 32: Surgical Equipment Market, Italy, Revenue ($m), 2004–2011
Figure 33: Surgical Equipment Market, Italy, Revenue ($m), 2011–2018
Figure 34: Surgical Equipment Market, Spain, Revenue ($m), 2004–2011
Figure 35: Surgical Equipment Market, Spain, Revenue ($m), 2011–2018
Figure 36: Surgical Equipment Market, Japan, Revenue ($m), 2004–2011
Figure 37: Surgical Equipment Market, Japan, Revenue ($m), 2011–2018
Figure 38: Surgical Equipment Market, China, Revenue ($m), 2004–2011
Figure 39: Surgical Equipment Market, China, Revenue ($m), 2011–2018
Figure 40: Surgical Equipment Market, India, Revenue ($m), 2004–2011
Figure 41: Surgical Equipment Market, India, Revenue ($m), 2011–2018
Figure 42: Surgical Equipment Market, Australia, Revenue ($m), 2004–2011
Figure 43: Surgical Equipment Market, Australia, Revenue ($m), 2011–2018
Figure 44: Surgical Equipment Market, Brazil, Revenue ($m), 2004–2011
Figure 45: Surgical Equipment Market, Brazil, Revenue ($m), 2011–2018
Figure 46: Surgical Equipment, Competitive Assessment, 2010
Figure 47: Hand Instruments Market, Pipeline Products, by Development Stage
Figure 48: Electrosurgical Devices, Pipeline Products, by Development Stage, 2012
Figure 49: Surgical Equipment Market, Mergers and Acquisitions, Number of Deals, Global, 2010–2011 87

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