- In June 2023, Becton Dickinson and Company signed an agreement with STERIS to divest its Surgical Instrumentation platform, simplifying its product range. This move allows Becton Dickinson to focus on priority business areas, while STERIS strengthens its surgical offerings
- In October 2022, Aspen Surgical acquired Symmetry Surgical, a key player in the production of specialty and high-quality surgical instruments. This acquisition boosts Aspen’s instrument portfolio, enabling it to provide a wider array of tools for surgical procedures
- In July 2022, Medtronic plc formed a strategic partnership with CathWorks, an Israeli company focused on coronary artery disease (CAD) diagnostics and therapy innovation. The collaboration aims to advance CAD surgical options and enhance patient outcomes
- In May 2022, Johnson & Johnson secured FDA approval for its Monarch robotic surgery system, which can now be used to assist in kidney stone removal. This approval marks an expansion in Johnson & Johnson’s robotic capabilities in minimally invasive surgery
- In May 2022, Medtronic plc completed the acquisition of Intersect ENT, integrating advanced sinus treatment devices into its ENT portfolio. This addition provides Medtronic with new tools to enhance post-operative outcomes and treat nasal polyps
Frequently Asked Questions
The market is segmented based on Segmentation, By Product (Forceps, Retractors, Dilators, Graspers, Scalpels, Cannulas, Dermatomes, Trocars, and Others), Application (Neurosurgery, Cardiovascular, Orthopaedic, Plastic and Reconstructive Surgery, Obstetrics and Gynaecology, Wound Care, Audiology, Thoracic Surgery, Urology, and Others), End User (Hospitals, Clinics, Ambulatory Surgical Centres, and Others) – Industry Trends and Forecast to 2031
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The Global Handheld Surgical Instruments Market size was valued at USD 5.29 USD Billion in 2023.
The Global Handheld Surgical Instruments Market is projected to grow at a CAGR of 6.81% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
