Global General Surgery Devices Market to Reach $32.1 Billion by 2030
The global market for General Surgery Devices estimated at US$21.5 Billion in the year 2023, is expected to reach US$32.1 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2023-2030. Adhesion Prevention Products, one of the segments analyzed in the report, is expected to record a 4.5% CAGR and reach US$14.6 Billion by the end of the analysis period. Growth in the Open Surgery Instruments segment is estimated at 6.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.7 Billion, While China is Forecast to Grow at 8.7% CAGR
The General Surgery Devices market in the U.S. is estimated at US$5.7 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.1 Billion by the year 2030 trailing a CAGR of 8.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 5.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$4.5 Billion by the year 2030.
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