Global Surgical Snare Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3600/- USD | Published Date: August 9, 2021 |

The global surgical snares market size is projected to grow at a significant CAGR of around 5% during the forecast period 2021 to 2027. The surge in minimally invasive surgery and the increasing number of ambulatory surgery centers are some major factors to drive the market growth. The rising prevalence of chronic diseases around the world is further anticipated to fuel the market over the forecast period. Colorectal cancer is accounted as the second prominent cause of cancer deaths among people in the United States. Moreover, the increasing investment by hospitals in endoscopy instruments is expected to boost the market.

Market Segment Insights:

The global surgical snares market is bifurcated into usability, application, end-use, and geography. On the basis of usability, the market is further segmented into single-use and reusable surgical snares. The single-use segment dominated the global market in 2020 and held the largest market share of around one-third percent market by revenue. The adoption of single-use devices in medical settings is expected to fuel the growth of the segment over the forecast period owing to various advantages such as safety and convenience. In contrast, the reusable segment is accounted to grow at the fastest growth rate over the forecast period due to its cost-effectiveness.

On the basis of end-use, the market is segmented into hospitals and ambulatory surgical centers. The hospitals segment dominated the global surgical snares market in 2020 and held the largest market share of over three-fourth percent of the market. The increasing number of surgical procedures around the world is a primary factor to drive the segment growth. Furthermore, the increasing prevalence of trauma is expected to fuel the segment growth in next upcoming years.

Surgical Snares Market Forecast

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The surgical snares comprehensive study offers an in-depth analysis of industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The surgical snares market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Surgical Snares Market Segmentation:

By Usability:

  • Single-use
  • Reusable

By Application:

  • GI Endoscope
  • Laparoscopy
  • Urology Endoscopy
  • Gynecology Endoscopy
  • Arthroscopy
  • Bronchoscopy
  • Mediastinoscopy
  • Laryngoscopy
  • Others

By End-Use Industry:

  • Hospitals
  • Ambulatory Surgical Centers

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Surgical Snares Market: Geographic Coverage

Geographically, North America dominated the global surgical snares market in 2020 and accounted to hold the largest market share of around half of the market in terms of revenue.  the increasing incidence of chronic disease and the demand for minimally invasive surgeries are some major factors contributing to the market growth in the region. Furthermore, the increasing prevalence of gastrointestinal disorders and the growing number of cancer cases are expected to fuel the market over the forecast period in North America. In contrast, Europe is accounted to grow at a significant growth rate over the forecast period due to the increasing preference for minimally invasive surgeries and the rising awareness regarding early diagnosis of diseases.

Surgical Snares Market: Competition Assessment

Some of the major players operating in the global surgical snares market are Medtronic, Boston Scientific Corporation, Medline Industries, Inc., Olympus Corporation, and CONMED Corporation. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Medtronic
  • Boston Scientific Corporation
  • Medline Industries, Inc.
  • Olympus Corporation
  • CONMED Corporation
  • Steris
  • Merit Medical Systems
  • Avalign Technologies
  • Hill-Rom Holdings, Inc.
  • Sklar Surgical Instruments

Key Questions Answered by Surgical Snares Market Report

  • Global surgical snares market forecasts from 2021-2027
  • Regional surgical snares market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the aforementioned regions
  • Surgical snares submarket forecasts from 2021-2027 cover the market by usability, by application, by end-use, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis pertaining to the surgical snares market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country-level surgical snares markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the surgical snares market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Surgical Snares Market Portraiture
2.2. Global Surgical Snares Market, by Usability, 2020 (USD Mn)
2.3. Global Surgical Snares Market, by Application, 2020 (USD Mn)
2.4. Global Surgical Snares Market, by End-Use, 2020 (USD Mn)
2.5. Global Surgical Snares Market, by Geography, 2020 (USD Mn)

 

3. Global Surgical Snares Market Analysis


3.1. Surgical Snares Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. COVID-19 Impact Analysis

 

4. Global Surgical Snares Market By Usability, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Single-use
4.3. Reusable

 

5. Global Surgical Snares Market By Application, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. GI Endoscope
5.3. Laparoscopy
5.4. Urology Endoscopy
5.5. Gynecology Endoscopy
5.6. Arthroscopy
5.7. Bronchoscopy
5.8. Mediastinoscopy
5.9. Laryngoscopy
5.10. Others

 

6. Global Surgical Snares Market By End-Use, 2018 – 2027 (USD Mn)


6.1. Overview
6.2. Hospitals
6.3. Ambulatory Surgical Centers

 

7. North America Surgical Snares Market Analysis and Forecast, 2018 – 2027 (USD Mn)


7.1.1. Overview
7.1.2. North America Surgical Snares Market by Usability (2018-2027 USD Mn)
7.1.3. North America Surgical Snares Market by Application (2018-2027 USD Mn)
7.1.4. North America Surgical Snares Market by End-Use (2018-2027 USD Mn)
7.1.5. North America Surgical Snares Market by Country (2018-2027 USD Mn)
7.1.5.1. U.S.
7.1.5.1.1. U.S. Surgical Snares Market by Usability (2018-2027 USD Mn)
7.1.5.1.2. U.S. Surgical Snares Market by Application (2018-2027 USD Mn)
7.1.5.1.3. U.S. Surgical Snares Market by End-Use (2018-2027 USD Mn)
7.1.5.2. Canada
7.1.5.2.1. Canada Surgical Snares Market by Usability (2018-2027 USD Mn)
7.1.5.2.2. Canada Surgical Snares Market by Application (2018-2027 USD Mn)
7.1.5.2.3. Canada Surgical Snares Market by End-Use (2018-2027 USD Mn)

 

8. Europe Surgical Snares Market Analysis and Forecast, 2018 – 2027 (USD Mn)


8.1.1. Overview
8.1.2. Europe Surgical Snares Market by Usability (2018-2027 USD Mn)
8.1.3. Europe Surgical Snares Market by Application (2018-2027 USD Mn)
8.1.4. Europe Surgical Snares Market by End-Use (2018-2027 USD Mn)
8.1.5. Europe Surgical Snares Market by Country (2018-2027 USD Mn)
8.1.5.1. Germany
8.1.5.1.1. Germany Surgical Snares Market by Usability (2018-2027 USD Mn)
8.1.5.1.2. Germany Surgical Snares Market by Application (2018-2027 USD Mn)
8.1.5.1.3. Germany Surgical Snares Market by End-Use (2018-2027 USD Mn)
8.1.5.2. U.K.
8.1.5.2.1. U.K. Surgical Snares Market by Usability (2018-2027 USD Mn)
8.1.5.2.2. U.K. Surgical Snares Market by Application (2018-2027 USD Mn)
8.1.5.2.3. U.K. Surgical Snares Market by End-Use (2018-2027 USD Mn)
8.1.5.3. France
8.1.5.3.1. France Surgical Snares Market by Usability (2018-2027 USD Mn)
8.1.5.3.2. France Surgical Snares Market by Application (2018-2027 USD Mn)
8.1.5.3.3. France Surgical Snares Market by End-Use (2018-2027 USD Mn)
8.1.5.4. Italy
8.1.5.4.1. Italy Surgical Snares Market by Usability (2018-2027 USD Mn)
8.1.5.4.2. Italy Surgical Snares Market by Application (2018-2027 USD Mn)
8.1.5.4.3. Italy Surgical Snares Market by End-Use (2018-2027 USD Mn)
8.1.5.5. Rest of Europe
8.1.5.5.1. Rest of Europe Surgical Snares Market by Usability (2018-2027 USD Mn)
8.1.5.5.2. Rest of Europe Surgical Snares Market by Application (2018-2027 USD Mn)
8.1.5.5.3. Rest of Europe Surgical Snares Market by End-Use (2018-2027 USD Mn)

 

9. Asia Pacific Surgical Snares Market Analysis and Forecast, 2018 – 2027 (USD Mn)


9.1.1. Overview
9.1.2. Asia Pacific Surgical Snares Market by Usability (2018-2027 USD Mn)
9.1.3. Asia Pacific Surgical Snares Market by Application (2018-2027 USD Mn)
9.1.4. Asia Pacific Surgical Snares Market by End-Use (2018-2027 USD Mn)
9.1.5. Asia Pacific Surgical Snares Market by Country (2018-2027 USD Mn)
9.1.5.1. China
9.1.5.1.1. China Surgical Snares Market by Usability (2018-2027 USD Mn)
9.1.5.1.2. China Surgical Snares Market by Application (2018-2027 USD Mn)
9.1.5.1.3. China Surgical Snares Market by End-Use (2018-2027 USD Mn)
9.1.5.2. Japan
9.1.5.2.1. Japan Surgical Snares Market by Usability (2018-2027 USD Mn)
9.1.5.2.2. Japan Surgical Snares Market by Application (2018-2027 USD Mn)
9.1.5.2.3. Japan Surgical Snares Market by End-Use (2018-2027 USD Mn)
9.1.5.3. Rest of Asia Pacific
9.1.5.3.1. Rest of Asia Pacific Surgical Snares Market by Usability (2018-2027 USD Mn)
9.1.5.3.2. Rest of Asia Pacific Surgical Snares Market by Application (2018-2027 USD Mn)
9.1.5.3.3. Rest of Asia Pacific Surgical Snares Market by End-Use (2018-2027 USD Mn)

 

10. Latin America (LATAM) Surgical Snares Market Analysis and Forecast, 2018 – 2027 (USD Mn)


10.1.1. Overview
10.1.2. Latin America Surgical Snares Market by Usability (2018-2027 USD Mn)
10.1.3. Latin America Surgical Snares Market by Application (2018-2027 USD Mn)
10.1.4. Latin America Surgical Snares Market by End-Use (2018-2027 USD Mn)
10.1.5. Latin America Surgical Snares Market by Country (2018-2027 USD Mn)
10.1.5.1. Brazil
10.1.5.1.1. Brazil Surgical Snares Market by Usability (2018-2027 USD Mn)
10.1.5.1.2. Brazil Surgical Snares Market by Application (2018-2027 USD Mn)
10.1.5.1.3. Brazil Surgical Snares Market by End-Use (2018-2027 USD Mn)
10.1.5.2. Mexico
10.1.5.2.1. Mexico Surgical Snares Market by Usability (2018-2027 USD Mn)
10.1.5.2.2. Mexico Surgical Snares Market by Application (2018-2027 USD Mn)
10.1.5.2.3. Mexico Surgical Snares Market by End-Use (2018-2027 USD Mn)
10.1.5.3. Rest of Latin America
10.1.5.3.1. Rest of Latin America Surgical Snares Market by Usability (2018-2027 USD Mn)
10.1.5.3.2. Rest of Latin America Surgical Snares Market by Application (2018-2027 USD Mn)
10.1.5.3.3. Rest of Latin America Surgical Snares Market by End-Use (2018-2027 USD Mn)

 

11. Middle East and Africa Surgical Snares Market Analysis and Forecast, 2018 – 2027 (USD Mn)


11.1.1. Overview
11.1.2. MEA Surgical Snares Market by Usability (2018-2027 USD Mn)
11.1.3. MEA Surgical Snares Market by Application (2018-2027 USD Mn)
11.1.4. MEA Surgical Snares Market by End-Use (2018-2027 USD Mn)
11.1.5. Middle East and Africa Surgical Snares Market, by Country (2018-2027 USD Mn)
11.1.5.1. GCC
11.1.5.1.1. GCC Surgical Snares Market by Usability (2018-2027 USD Mn)
11.1.5.1.2. GCC Surgical Snares Market by Application (2018-2027 USD Mn)
11.1.5.1.3. GCC Surgical Snares Market by End-Use (2018-2027 USD Mn)
11.1.5.2. South Africa
11.1.5.2.1. South Africa Surgical Snares Market by Usability (2018-2027 USD Mn)
11.1.5.2.2. South Africa Surgical Snares Market by Application (2018-2027 USD Mn)
11.1.5.2.3. South Africa Surgical Snares Market by End-Use (2018-2027 USD Mn)
11.1.5.3. Rest of MEA
11.1.5.3.1. Rest of MEA Surgical Snares Market by Usability (2018-2027 USD Mn)
11.1.5.3.2. Rest of MEA Surgical Snares Market by Application (2018-2027 USD Mn)
11.1.5.3.3. Rest of MEA Surgical Snares Market by End-Use (2018-2027 USD Mn)

 

12. Company Profiles


12.1. Medtronic
12.1.1. Business Description
12.1.2. Financial Health and Budget Allocation
12.1.3. Product Positions/Portfolio
12.1.4. Recent Development
12.1.5. SWOT Analysis
12.2. Boston Scientific Corporation
12.2.1. Business Description
12.2.2. Financial Health and Budget Allocation
12.2.3. Product Positions/Portfolio
12.2.4. Recent Development
12.2.5. SWOT Analysis
12.3. Medline Industries, Inc.
12.3.1. Business Description
12.3.2. Financial Health and Budget Allocation
12.3.3. Product Positions/Portfolio
12.3.4. Recent Development
12.3.5. SWOT Analysis
12.4. Olympus Corporation
12.4.1. Business Description
12.4.2. Financial Health and Budget Allocation
12.4.3. Product Positions/Portfolio
12.4.4. Recent Development
12.4.5. SWOT Analysis
12.5. CONMED Corporation
12.5.1. Business Description
12.5.2. Financial Health and Budget Allocation
12.5.3. Product Positions/Portfolio
12.5.4. Recent Development
12.5.5. SWOT Analysis
12.6. Steris
12.6.1. Business Description
12.6.2. Financial Health and Budget Allocation
12.6.3. Product Positions/Portfolio
12.6.4. Recent Development
12.6.5. SWOT Analysis
12.7. Merit Medical Systems
12.7.1. Business Description
12.7.2. Financial Health and Budget Allocation
12.7.3. Product Positions/Portfolio
12.7.4. Recent Development
12.7.5. SWOT Analysis
12.8. Avalign Technologies
12.8.1. Business Description
12.8.2. Financial Health and Budget Allocation
12.8.3. Product Positions/Portfolio
12.8.4. Recent Development
12.8.5. SWOT Analysis
12.9. Hill-Rom Holdings, Inc.
12.9.1. Business Description
12.9.2. Financial Health and Budget Allocation
12.9.3. Product Positions/Portfolio
12.9.4. Recent Development
12.9.5. SWOT Analysis
12.10. Sklar Surgical Instruments
12.10.1. Business Description
12.10.2. Financial Health and Budget Allocation
12.10.3. Product Positions/Portfolio
12.10.4. Recent Development
12.10.5. SWOT Analysis
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