Europe General Surgical Devices Market Size (2024 - 2029)

Europe General Surgical Devices Market Analysis

The European general surgical devices market is expected to register a CAGR of nearly 6.1% during the forecast period.

COVID-19 impacted the European general surgical devices market during the initial phase as elective and general surgeries were delayed due to lockdowns. Over the previous two years, the market recovery has been led by increased surgical device sales, new product launches, and increased minimally invasive surgeries.

Modern technological innovations, such as minimally invasive surgery equipment and robotic and power-aided systems, are primarily propelling the surgical devices industry. Surgical equipment has wide applications in distinctive surgical techniques, like neurosurgery, plastic and reconstructive surgeries, wound closure, urology, obstetrics and gynecology, thoracic surgery, micro-vascular, cardiovascular, orthopedic surgery, laparoscopy, and others. Furthermore, per the WHO June 2021 update, the percentage of Caesarean sections by 2030 is likely to be 47% in Southern Europe. Additionally, as per the Eurostat 2022 update, most EU Member States have reported significant positive rates of change in recent years for keyhole surgery used to perform hysterectomies, appendectomies, and repairs of inguinal hernias. Furthermore, as per a study published in July 2021 by BMJ journal, musculoskeletal problems accounted for more than 25% of all surgical procedures performed in the United Kingdom by the NHS.

Moreover, according to the report from Brake, a road safety charity organization, 24,530 people were seriously injured in 2021 in the United Kingdom. Thus, with the increase in the number of injuries and accidents, the demand for surgical devices is expected to rise. This is anticipated to impact the growth of the market studied significantly.

Furthermore, rising demand for minimally invasive devices, technological advancements, and product launches are likely to improve the market growth. For instance, in February 2021, Cambridge-based medical device company CMR Surgical (CMR) launched Versius Robotic System in German hospitals. The robotics tool is likely to be used at Klinikum Chemnitz to aid in laparoscopic surgeries.

Hence, as per the factors mentioned above, the European general surgical devices market is expected to witness growth during the forecast period. However, stringent government regulations and poor reimbursement restrain the market growth.

Europe General Surgical Devices Industry Segmentation

As per the scope of the report, general surgical devices are tools or equipment used during a surgery or operation to conduct specified activities or achieve desired results, such as altering biological tissue or providing access for observing it. Typically, surgical devices have generic use, while some specific tools are designed for specific procedures or surgeries. 

The European general surgical devices market is segmented by Product (Handheld Devices, Laparoscopic Devices, Electro Surgical Devices, Wound Closure Devices, Trocars and Access Devices, and Other Products), Application (Gynecology and Urology, Cardiology, Orthopaedic, Neurology, and Other Applications) and Geography (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe). The report offers the value in USD million for the above segments.