Europe Hand-held Surgical Instruments Market Size & Outlook
Europe hand-held surgical instruments market, 2018-2030 (US$M)
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Europe hand-held surgical instruments market highlights
- The Europe hand-held surgical instruments market generated a revenue of USD 1,624.9 million in 2023.
- The market is expected to grow at a CAGR of 6.7% from 2024 to 2030.
- In terms of segment, retractors was the largest revenue generating product in 2023.
- Retractors is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,624.9 million |
| Market revenue in 2030 | USD 2,560.8 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Retractors |
| Fastest growing segment | Retractors |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Forceps, Retractors, Dilators, Graspers, Scalpels, Cannulas, Dermatomes, Trocars |
| Key market players worldwide | Zimmer Biomet Holdings Inc, B. Braun Medical, Integra Lifesciences Holdings Corp, Medtronic PLC, Smith & Nephew PLC, Johnson & Johnson, Becton Dickinson & Co, CooperSurgical, Thompson Surgical Instruments, Aspen Group Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 27.9% of the global hand-held surgical instruments market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,484.5 million by 2030.
Retractors was the largest segment with a revenue share of 18.97% in 2024. Horizon Databook has segmented the Europe hand-held surgical instruments market based on forceps, retractors, dilators, graspers, scalpels, cannulas, dermatomes, trocars covering the revenue growth of each sub-segment from 2018 to 2030.
Key countries in the European region include the U.K., Germany, France, Italy, and Spain. Europe comprises technologically advanced nations, which have a number of organizations facilitating complex surgical interventions for treatment and management of various diseases.
The rise in prevalence of chronic diseases in the European region is leading to a rise in the number of surgical procedures. Source: Annual Reports, Investor Presentations, Primary Interviews, Grand View Research According to WHO, the burden of noncommunicable diseases is highest in the European region and is expected to grow at a high rate in the near future.
As per WHO, chronic diseases such as diabetes, cardiovascular disorders, chronic respiratory diseases, mental disorders, and cancer contributed to an estimated 86% of deaths in the region, thereby contributing to 77% of the disease burden in the European region.
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Hand-held Surgical Instruments Market Scope
Hand-held Surgical Instruments Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe hand-held surgical instruments market size, by country, 2018-2030 (US$M)
Europe Hand-held Surgical Instruments Market Outlook Share, 2024 & 2030 (US$M)
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