Surgical Procedures Global Market Report 2023: Increasing Adoption of Ambulatory Services Bolsters Growth

Dublin, May 17, 2023 (GLOBE NEWSWIRE) -- The "Surgical Procedures Market by Surgery Type - Global Opportunity Analysis and Industry Forecast, 2023-2030" report has been added to ResearchAndMarkets.com's offering.

The Surgical Procedures Market size was 294,237 thousand units in 2022, and is predicted to reach 372,837 thousand units by 2030, with a CAGR of 3.1% from 2023 to 2030.

As people grow older, they are more likely to develop age-related health issues such as cardiovascular diseases (CVDs), cancer, osteoarthritis, and others that may require surgical intervention. This, in turn, increases the demand for surgical procedures. With improved medical care and increased access to health services, there is an increase in the number of surgeries performed.

Moreover, older adults are becoming more aware of the importance of preventive care and seeking surgical procedures to prevent potential health issues. According to WHO, between 2015 and 2050, the proportion of the world's population over 60 years will nearly double from 12% to 22%. Governments around the world are investing in healthcare infrastructure and promoting the adoption of surgical procedures to improve the health of their citizens. This has created a favorable environment for the growth of the surgical procedures industry.

However, the high cost associated with surgeries can make surgical procedures unaffordable for many individuals, which can restrain the market growth. On the contrary, the introduction of AR and VR technologies to perform surgeries is expected to generate lucrative opportunities for the market in the coming years.

Segment Overview

The global surgical procedures market is segmented on the on the basis of surgery type and geography.

By surgery type, the market is classified into gynecology surgery, cystectomy, sacrectomy, urology surgery, neurosurgery, orthopedic surgery, general surgery, thoracic surgery, and others.

Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and RoW.

Regional Analysis Asia-Pacific market is projected to hold a dominant share by 2030

The rise in R&D activities by the hospitals and manufacturers of surgical devices creates an opportunity for the growth of surgical procedures in the region. For instance, in August 2022, the Torch Project was initiated by the Hospital Management Institute of the National Health Commission (NHC) and supported by Johnson & Johnson MedTech to provide young surgeons with standardized surgical skills training. This plan was expected to cover 2,000 healthcare institutions in China within three years. Such initiatives further propel the growth of the market.

Moreover, the rising cases of heart disease increase the number of surgeries associated with it. According to the Ministry of Health, Labour, and Welfare of Japan, about 162 men per 100,000 people died from heart disease in 2020. Heart diseases, excluding hypertensive heart diseases, were the leading cause of death among the male population in this country. At the same time, malignant neoplasm was the leading cause of death among females in 2021. Therefore, the demand for surgical procedures is expected to increase in the coming years to treat heart-related diseases.

KEY BENEFITS

The surgical procedures market report provides a quantitative analysis of the current market and estimations from 2023 to 2030. This analysis assists in identifying the prevailing market opportunities.

The study comprises a deep-dive analysis of the surgical procedures market trends, including current and future trends for depicting prevalent investment pockets in the market.

The information related to key drivers, restraints, and opportunities and their impact on the surgical procedures market is provided in the report.

The competitive analysis of the market players along with their market share in the surgical procedures market is provided in the report.

The SWOT analysis and Porter's Five Forces model are elaborated in the study.

The value chain analysis in the market study provides a clear picture of the role of stakeholders.

Key Topics Covered:

1. Introduction

2. Surgical Procedures Market- Executive Summary

3. Market Overview3.1. Market Definition and Scope3.2. Market Dynamics3.2.1 Drivers3.2.1.1. Rising Incidence of Chronic Diseases Drives the Growth of the Surgical Procedure Market3.2.1.2. Technological Advancements in the Field of Medical Science3.2.1.3. Increasing Adoption of Ambulatory Services by Individuals3.2.1.4. Growing Geriatric Population Increases the Demand for Surgical Procedures3.2.2 Restraints3.2.2.1. High Cost of Surgical Instruments Restrain the Growth of the Surgical Procedures Market3.2.2.2. Stringent Policies by the Regulatory Bodies3.2.3 Opportunities3.2.3.1. Introduction of Augmented Reality and Virtual Reality (Ar and Vr) During the Surgical Procedures.

4. Global Surgical Procedures Market, by Surgery Type4.1. Overview4.2. Urology4.2.1 Global Urology Market, by Surgery Type4.2.1.1. Prostatectomy4.2.1.2. Prostatectomy Market, by Region4.2.1.3. Partial Nephrectomy4.2.1.4. Partial Nephrectomy Market, by Region4.2.1.5. Cystectomy4.2.1.6. Cystectomy Market, by Region4.2.1.7. Sacrectomy4.2.1.8. Sacrectomy Market, by Region4.2.2 Urology Market, by Region4.3. Orthopedics4.3.1 Global Orthopedics Market, by Surgery Type4.3.1.1. Open Surgery Market, by Region4.3.1.2. Robotic Surgery Market, by Region4.3.1.3. Laparoscopic Surgery Market, by Region4.3.2 Orthopedics Market, by Region4.4. Neurosurgery4.4.1 Global Neurosurgery Market, by Surgery Type4.4.1.1. Open Surgery Market, by Region4.4.1.2. Robotic Surgery Market, by Region4.4.1.3. Laparoscopic Surgery Market, by Region4.4.2 Neurosurgery Market, by Region4.5. Gynaecology4.5.1 Global Gynaecology Market, by Surgery Type4.5.1.1. Hysterectomy4.5.1.1.1. Global Hysterectomy Market, by Gynaecology4.5.1.1.1.1. Open Surgery Market, by Region4.5.1.1.1.2. Robotic Surgery Market, by Region4.5.1.1.1.3. Laparoscopic Surgery Market, by Region4.5.1.2. Hysterectomy Market, by Region4.5.1.3. Myomectomy4.5.1.3.1.1. Open Surgery Market, by Region4.5.1.3.1.2. Robotic Surgery Market, by Region4.5.1.3.1.3. Laparoscopic Surgery Market, by Region4.5.1.4. Myomectomy Market, by Region4.5.1.5. C Section Market, by Region4.5.2 Gynaecology Market, by Region4.6. General Surgery4.6.1 Global General Surgery Market, by Surgery Type4.6.1.1. Lower Anterior Resection4.6.1.1.1. Global Lower Anterior Resection Market, by General Surgery4.6.1.1.1.1. Open Surgery Market, by Region4.6.1.1.1.2. Robotic Surgery Market, by Region4.6.1.1.1.3. Laparoscopic Surgery Market, by Region4.6.1.2. Lower Anterior Resection Market, by Region4.6.1.3. Esophagectomy4.6.1.3.1. Global Esophagectomy Market, by General Surgery4.6.1.3.1.1. Open Surgery Market, by Region4.6.1.3.1.2. Robotic Surgery Market, by Region4.6.1.3.1.3. Laparoscopic Surgery Market, by Region4.6.1.4. Esophagectomy Market, by Region4.6.1.5. Gastrectomy4.6.1.5.1. Global Gastrectomy Market, by General Surgery4.6.1.5.1.1. Open Surgery Market, by Region4.6.1.5.1.2. Robotic Surgery Market, by Region4.6.1.5.1.3. Laparoscopic Surgery Market, by Region4.6.1.6. Gastrectomy Market, by Region4.6.1.7. Colectomy4.6.1.7.1. Global Colectomy Market, by General Surgery4.6.1.7.1.1. Open Surgery Market, by Region4.6.1.7.1.2. Robotic Surgery Market, by Region4.6.1.7.1.3. Laparoscopic Surgery Market, by Region4.6.1.8. Colectomy Market, by Region4.6.1.9. Cholecystectomy4.6.1.9.1. Global Cholecystectomy Market, by General Surgery4.6.1.9.1.1. Open Surgery Market, by Region4.6.1.9.1.2. Robotic Surgery Market, by Region4.6.1.9.1.3. Laparoscopic Surgery Market, by Region4.6.1.10. Cholecystectomy Market, by Region4.6.1.11. Pancreatectomy4.6.1.11.1. Global Pancreatectomy Market, by General Surgery4.6.1.11.1.1. Open Surgery Market, by Region4.6.1.11.1.2. Robotic Surgery Market, by Region4.6.1.11.1.3. Laparoscopic Surgery Market, by Region4.6.1.12. Pancreatectomy Market, by Region4.6.1.13. Ventral Hernia Repair4.6.1.13.1. Global Ventral Hernia Repair Market, by General Surgery4.6.1.13.1.1. Open Surgery Market, by Region4.6.1.13.1.2. Robotic Surgery Market, by Region4.6.1.13.1.3. Laparoscopic Surgery Market, by Region4.6.1.14. Ventral Hernia Repair Market, by Region4.6.1.15. Inguinal Hernia Repair4.6.1.15.1. Global Inguinal Hernia Repair Market, by General Surgery4.6.1.15.1.1. Open Surgery Market, by Region4.6.1.15.1.2. Robotic Surgery Market, by Region4.6.1.15.1.3. Laparoscopic Surgery Market, by Region4.6.1.16. Inguinal Hernia Repair Market, by Region4.6.2 General Surgery Market, by Region4.7. Thoracic Surgery4.7.1 Global Thoracic Surgery Market, by Surgery Type4.7.1.1. Lobectomy4.7.1.1.1. Global Lobectomy Market, by Thoracic Surgery4.7.1.1.1.1. Open Surgery Market, by Region4.7.1.1.1.2. Robotic Surgery Market, by Region4.7.1.1.1.3. Laparoscopic Surgery Market, by Region4.7.1.2. Lobectomy Market, by Region4.7.1.3. Segmentectomy4.7.1.3.1. Global Segmentectomy Market, by Thoracic Surgery4.7.1.3.1.1. Open Surgery Market, by Region4.7.1.3.1.2. Robotic Surgery Market, by Region4.7.1.3.1.3. Laparoscopic Surgery Market, by Region4.7.1.4. Segmentectomy Market, by Region4.7.1.5. Posterior Mediastinal Tumor4.7.1.5.1. Global Posterior Mediastinal Tumor Market, by Thoracic Surgery4.7.1.5.1.1. Open Surgery Market, by Region4.7.1.5.1.2. Robotic Surgery Market, by Region4.7.1.5.1.3. Laparoscopic Surgery Market, by Region4.7.1.6. Posterior Mediastinal Tumor Market, by Region4.7.2 Thoracic Surgery Market, by Region4.8. Cardiovascular Surgery4.8.1 Global Cardiovascular Surgery Market, by Surgery Type4.8.1.1. Open Surgery Market, by Region4.8.1.2. Robotic Surgery Market, by Region4.8.1.3. Laparoscopic Surgery Market, by Region4.8.2 Cardiovascular Surgery Market, by Region4.9. Others4.9.1 Others Market, by Region

5. Global Surgical Procedures Market, by Region

For more information about this report visit https://www.researchandmarkets.com/r/rldha7

About ResearchAndMarkets.comResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.