The Latin America, Middle East and Africa Hand-held Surgical Instruments Market would witness market growth of 10.9% CAGR during the forecast period (2023-2030).
The market is expected to be driven by expanding surgical instrument advancements and surgeons' rising acceptance of cutting-edge surgical equipment. Surgeons' use of high-quality tools is a continual priority to execute operations efficiently and quickly without compromising the patient's health. A unique surgical device is a highly advanced powered screwdriver created specifically for exceedingly delicate procedures. It includes sensors and software that give the surgeon intelligence.
Specialized medical equipment, known as hand-held surgical devices, is designed to be gripped and used manually by surgeons during surgical operations. These tools are used for several functions, including gripping, cutting, suturing, cauterizing, and tissue dissection. They are essential to surgical interventions because they provide surgeons control, accuracy, and access to the operative site.
Surgery across various specialties, including general surgery, orthopedics, cardiovascular surgery, neurosurgery, and gynecology, has increased throughout Latin America. The rise in surgical operations has fueled the need for portable surgical equipment. Advanced medical technology, such as portable surgical instruments, is being adopted by Latin American nations. The region's technological growth has produced more accurate, user-friendly, and ergonomic surgical instruments that improve surgical results. The infrastructure for healthcare is being improved, and access to healthcare services is being increased in Latin American nations. Plastic and cosmetic surgery are in great demand in Latin America. Particularly in Brazil, there is a healthy market for these operations.
The Brazil market dominated the LAMEA Hand-held Surgical Instruments Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $190.7 million by 2030. The Argentina market is estimated to grow a CAGR of 11.5% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 10.6% during (2023 - 2030).
Based on Application, the market is segmented into Orthopedic Surgery, Urology & Gynecology Surgery, Cardiology, Wound Care, Plastic Surgery, Ophthalmology, Neurosurgery, Audiology, Thoracic Surgery, and Others. Based on End-use, the market is segmented into Hospitals, Clinics, and Ambulatory Surgical Centers & Others. Based on Product, the market is segmented into Forceps, Dilators & Trocars, Graspers, Cannulas & Dermatome, Scalpels, Retractors, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Hand-held Surgical Instruments Market is Projected to reach USD 8.9 Billion by 2030, at a CAGR of 6.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Zimmer Biomet Holdings, Inc., Smith & Nephew PLC, B. Braun Melsungen AG, Becton, Dickinson and Company, Medtronic PLC, Integra LifeSciences Holdings Corporation, Johnson & Johnson (Johnson & Johnson Services, Inc.), CooperSurgical, Inc. (The Cooper Companies, Inc.), Thompson Surgical Instruments Inc. and Aspen Surgical Products, Inc.
By Application
By End-use
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