Global Handheld Surgical Devices Market Revenue By Product (Forceps)

Synopsis
The above chart is Global Handheld Surgical Devices Market Revenue By Product (Forceps)

Market Dynamics

The global forceps market is expected to reach usd 5,430.82 million by 2030, growing at a cagr of 9.60% from 2022 to 2030. the market is driven by the increasing number of surgeries, rising prevalence of chronic diseases, and growing demand for minimally invasive procedures. forceps are surgical instruments used to grasp, hold, or manipulate tissue. they are used in a variety of medical procedures, including general surgery, gynecology, urology, and orthopedics. the market is segmented by product type, application, and region. by product type, the market is segmented into reusable and single-use forceps. reusable forceps are the most common type of forceps, and they are expected to dominate the market during the forecast period. single-use forceps are becoming increasingly popular, due to their ease of use and disposal. by application, the market is segmented into general surgery, gynecology, urology, orthopedics, and others. general surgery is the largest application segment, due to the high number of surgeries performed in this field. gynecology and urology are also significant application segments, due to the increasing number of minimally invasive procedures in these fields. by region, the market is segmented into north america, europe, asia-pacific, latin america, and middle east & africa. north america is expected to dominate the market during the forecast period, due to the high adoption of advanced medical devices and the presence of major players in the region. europe is also expected to be a significant market, due to the increasing prevalence of chronic diseases and the rising number of surgeries in the region. the key players in the global forceps market include medtronic, smith & nephew, b. braun melsungen ag, conmed corporation, and teleflex incorporated. these players are focusing on developing innovative products and expanding their geographical presence in order to maintain their competitive edge in the market. the global forceps market is a dynamic and growing market. the market is expected to witness significant growth in the coming years, driven by the factors mentioned above. the key players in the market are expected to continue to invest in research and development in order to develop innovative products and meet the growing demand for forceps.