Market Trends of Spain General Surgical Devices Industry
Orthopedics is Expected to Register High Growth During the Forecast Period
- Orthopedic surgery, also known as orthopedics, is a medical specialty concerned with diagnosing, treating, and preventing musculoskeletal system disorders. This includes injuries, diseases, tumors, and congenital disorders that affect bones, joints, muscles, tendons, ligaments, and nerves. Orthopedic surgery aims to restore function, reduce pain, and improve the quality of life for patients.
- In Spain, the increase in orthopedic complications among the population is expected to drive the demand for general surgical devices, contributing to the market's growth over the forecast period. This is due to the rise in road accidents, which have led to a higher demand for surgical operations. According to data from the World Bank, the percentage of deaths caused by injury in Spain increased from 3.62% to 4% in 2021.
- In 2021, the Minister of the Interior of the Spanish government reported over 921 fatal accidents on roads, resulting in the loss of over 1,004 lives, and over 3,728 people suffered serious injuries. These emergency procedures led to an increase in surgical operations, which in turn boosted the growth of the surgical devices market.
- Additionally, according to data updated by the Organization for Economic Cooperation and Development (OECD) in July, the number of people injured per million population in Spain was 1996.8. This number is expected to rise further by the end of the year. As a result, there is an anticipated increase in demand for general surgical devices, which will drive the growth of the surgical devices market. More hospital admissions due to injuries will lead to an increase in surgical procedures, contributing to the growth of the market.
Neurology is Expected to hold a Notable Share in the Market Over the Forecast Period
- Neurological disabilities encompass a range of disorders, including epilepsy, learning disabilities, neuromuscular disorders, autism, brain tumors, and cerebral palsy. The high prevalence of neurological disorders and the increasing demand for neurology surgical devices are expected to be critical factors driving market growth over the forecast period.
- For instance, a ScienceDirect article published in February 2021 revealed that the prevalence of Alzheimer's disease among Spanish patients over the age of 65 ranged from 4% to 9%. Additionally, the report indicated that dementia and Alzheimer's disease are more prevalent in women across almost every age group.
- Another National Center for Biotechnology Information (NCBI) article published in July 2022 revealed that 30.7% of patients had generalized tonic-clonic seizures, 26.9% experienced status epilepticus, 30.7% experienced focal impaired-awareness seizures, and 11.7% had secondarily generalized seizures. The high prevalence of various neurological disorders among the Spanish population is expected to fuel demand for effective surgical devices, contributing to the growth of the studied market segment.