Argentina General Surgical Devices Market Trends

Handheld surgical devices are becoming increasingly popular among practitioners. The development of advanced devices, such as robotic handheld surgical devices for laparoscopic interventions, enhances a surgeon's dexterity. Many innovations have been made due to the need for high reliability, accuracy, and patient safety.

Needle holders are very similar in shape to hemostats, featuring jaws and handles. Needle holders allow the needle to be locked into place for sutures in a variety of tissue types. Surgical operations demand surgeons to frequently engage in hand-intensive activities, including suturing. The market segment is growing due to the rise in minimally invasive surgical procedures and an increase in outpatient surgeries. As per the study published in January 2021, titled "Optimizing the use of cesarean section in Argentina: design and methodology of a formative research for the development of interventions", the study was implemented in seven provinces of Argentina where hospitals that have more than 1,000 births each year had a cesarean section rate higher than 27%. Moreover, according to World Health Organization (WHO) updates from June 2021, cesarean section use continues to rise globally, accounting for more than 1 in 5 (21%) childbirths. If this trend continues, by 2030, the highest rates are likely to be 54% in Latin America and the Caribbean. Thus, the segment is expected to witness significant growth over the forecast period due to the abovementioned factors.

Moreover, the key players are focused on strategic partnerships, mergers, and acquisitions to launch innovative and technologically advanced products to fuel the market demand.

Thus, all the aforementioned factors are expected to boost the segment over the forecast period.