Market Research Logo

Surgical Snare Market by Usability (Singel Use, Reusable), Application (GI Endoscopy, Laparoscopy, Urology Endoscopy, Gynecology Endoscopy, Arthroscopy, Bronchoscopy, Mediastinoscopy, Laryngoscopy), End User (Hospital, ASC) - Global Forecast to 2023

Surgical Snare Market by Usability (Singel Use, Reusable), Application (GI Endoscopy, Laparoscopy, Urology Endoscopy, Gynecology Endoscopy, Arthroscopy, Bronchoscopy, Mediastinoscopy, Laryngoscopy), End User (Hospital, ASC) - Global Forecast to 2023

“Increasing awareness on colorectal cancer is expected to drive the overall growth of the surgical snares market.”
The surgical snares market size is expected to grow from USD 992 million in 2018 to USD 1255 million by 2023, at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period. The surgical snares market is driven by various factors such as the increasing number of colon polypectomy procedures, growth of the endoscopic ASCs segment, and a rising preference for minimally invasive surgeries are the key factors driving the market.

“The Hospitals segment is expected to grow at a higher CAGR during the forecast period.”
The hospitals segment is the faster-growing segment in the surgical snares market, by end user. The surgical snares market, by end user, has been categorized into hospitals, ambulatory surgical centers, and other end users. The hospitals end-user segment comprises surgical units based in hospitals or attached to hospitals that are equipped with endoscopic instruments and accessories, including surgical snares, to perform endoscopic procedures for diagnostic or treatment purposes. The increasing investments and incentives received by hospitals from government bodies and private investors for endoscopic surgery and endoscopic instruments further increase the preference for endoscopic surgeries among physicians, which in turn drives growth in the surgical snares market.

“The GI endoscopy segment, by application, is projected to hold the largest market share during the forecast period.”
GI endoscopy helps in the diagnosis as well as treatment of gastrointestinal (GI) diseases. In the coming years, a surge in the demand for GI endoscopy as a means of early diagnosis and treatment is expected in developed countries. The pivotal factors that are likely to drive the demand for GI endoscopy in these economies include the rapidly increasing aging population, the need to improve the quality of life for patients, and the need for proficient hospital management. The GI endoscopy segment will, therefore, witness sustained growth, driven by a significant increase in the number of colonoscopy procedures performed in the US, which is a major market for endoscopy products.

“North America is projected to hold the largest market share during the forecast period.”
North America is estimated to be the largest regional market for surgical snares, followed by Europe. The favorable reimbursement scenario in the US, increasing preference of minimally invasive surgeries and the rising incidence of cancer are the major factors driving the growth of the surgical snares market in North America. The high incidence of colorectal cancer (CRC) in the US has resulted in the provision of reimbursements to increase the affordability of CRC screening procedures in the country. This has increased the affordability of CRC screening procedures, which in turn is driving the number of endoscopic procedures using the snaring technique performed in the US.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the surgical snares market.

By Company Type: Tier 1: 23%, Tier 2: 30%, and Tier 3: 47%
By Designation: C-level Executives: 24%, Directors: 36%, and Others: 40%
By Region: North America: 34%, Europe: 50%, APAC: 8%, and MEA: 8%

The surgical snares market comprises major providers such as Olympus (Japan), Boston Scientific (US), Cook Medical (US), CONMED Corporation (US), Medline Industries (US), Medtronic (Ireland), Steris (US), Merit Medical Systems (US), and Avalign Technologies (US) and other players. The study includes an in-depth competitive analysis of these key players in the surgical snares market, along with their company profiles, recent developments, and key market strategies.

Research Coverage:
The market study covers the surgical snares market across various segments. It aims at estimating the market size and the growth potential of this market across different segments, on the basis of usability, application, end user and region. The study also includes an in-depth competitive analysis of the key players in the market; along with their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall surgical snares market and its subsegments. This report will help the stakeholders to understand the competitive landscape, to gain more insights to better position their businesses, and to plan suitable go-to-market strategies. The report will also help the stakeholders to understand the pulse of the market and will provide them with information on key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS COVERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY SOURCES
      • PRIMARY SOURCES
    • MARKET SIZE ESTIMATION
    • MARKET BREAKDOWN AND DATA TRIANGULATION
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • SURGICAL SNARES: MARKET OVERVIEW
    • NORTH AMERICA: SURGICAL SNARES MARKET, BY COUNTRY AND END USER (2018)
    • SURGICAL SNARES MARKET, BY USABILITY
    • GEOGRAPHICAL SNAPSHOT OF THE SURGICAL SNARES MARKET
  • MARKET OVERVIEW
    • INTRODUCTION
      • DRIVERS
      • RESTRAINTS
      • CHALLENGES
  • SURGICAL SNARES MARKET, BY USABILITY
    • INTRODUCTION
      • Table SURGICAL SNARES MARKET, BY USABILITY, 2016-2023 (USD MILLION)
    • REUSABLE SURGICAL SNARES
      • REUSABLE SURGICAL SNARES TO ACCOUNT FOR THE LARGEST MARKET SHARE IN 2018
        • Table REUSABLE SURGICAL SNARES MARKET, BY REGION, 2016-2023 (USD MILLION)
        • Table REUSABLE SURGICAL SNARES MARKET, BY REGION, 2016-2023 (UNITS)
        • Table NORTH AMERICA: REUSABLE SURGICAL SNARES MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
    • SINGLE-USE SURGICAL SNARES
      • SINGLE-USE SURGICAL SNARES TO REGISTER THE HIGHEST GROWTH DURING THE FORECAST PERIOD
        • Table SINGLE-USE SURGICAL SNARES MARKET, BY REGION, 2016-2023 (USD MILLION)
        • Table SINGLE USE SURGICAL SNARES MARKET, BY REGION, 2016-2023 (UNITS)
        • Table NORTH AMERICA: SINGLE-USE SURGICAL SNARES MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
  • SURGICAL SNARES MARKET, BY APPLICATION
    • INTRODUCTION
      • Table SURGICAL SNARES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
    • GASTROINTESTINAL (GI) ENDOSCOPY
      • GI ENDOSCOPY IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE SURGICAL SNARES MARKET
        • Table ESTIMATED NEW GI CANCER CASES AND DEATHS IN THE US, 2016
        • Table SURGICAL SNARES MARKET FOR GI ENDOSCOPY, BY REGION, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: SURGICAL SNARES MARKET FOR GI ENDOSCOPY, BY COUNTRY, 2016-2023 (USD MILLION)
    • LAPAROSCOPY
      • LAPAROSCOPY IS THE METHOD OF CHOICE FOR GALLBLADDER REMOVAL
        • Table SURGICAL SNARES MARKET FOR LAPAROSCOPY, BY REGION, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: SURGICAL SNARES MARKET FOR LAPAROSCOPY, BY COUNTRY, 2016-2023 (USD MILLION)
    • GYNECOLOGY/OBSTETRICS ENDOSCOPY
      • INCREASING NEW CERVICAL CANCER CASES WILL FUEL THE GROWTH OF THE GYNECOLOGY/OBSTETRICS ENDOSCOPY MARKET
        • Table SURGICAL SNARES MARKET FOR GYNECOLOGY/OBSTETRICS ENDOSCOPY, BY REGION, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: SURGICAL SNARES MARKET FOR GYNECOLOGY/OBSTETRICS ENDOSCOPY, BY COUNTRY, 2016-2023 (USD MILLION)
    • ARTHROSCOPY
      • ADVANCEMENTS IN THE FIELD OF HIP ARTHROSCOPY ARE DRIVING GROWTH IN THE ARTHROSCOPY APPLICATION SEGMENT
        • Table SURGICAL SNARES MARKET FOR ARTHROSCOPY, BY REGION, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: SURGICAL SNARES MARKET FOR ARTHROSCOPY, BY COUNTRY, 2016-2023 (USD MILLION)
    • UROLOGY ENDOSCOPY (CYSTOSCOPY)
      • CYSTOSCOPY IS THE PRIMARY DIAGNOSTIC MODALITY FOR THE DIAGNOSIS OF BLADDER CARCINOMA
        • Table SURGICAL SNARES MARKET FOR UROLOGY ENDOSCOPY, BY REGION, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: SURGICAL SNARES MARKET FOR UROLOGY ENDOSCOPY, BY COUNTRY, 2016-2023 (USD MILLION)
    • BRONCHOSCOPY
      • BRONCHOSCOPY TECHNIQUES ARE EXTENSIVELY USED FOR THE DETECTION AND STAGING OF LUNG CANCER
        • Table SURGICAL SNARES MARKET FOR BRONCHOSCOPY, BY REGION, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: SURGICAL SNARES MARKET FOR BRONCHOSCOPY, BY COUNTRY, 2016-2023 (USD MILLION)
    • MEDIASTINOSCOPY
      • INCREASING NUMBER OF NEW TB CASES WILL LIKELY DRIVE THE MEDIASTINOSCOPY APPLICATION SEGMENT IN THE COMING YEARS
        • Table SURGICAL SNARES MARKET FOR MEDIASTINOSCOPY, BY REGION, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: SURGICAL SNARES MARKET FOR MEDIASTINOSCOPY, BY COUNTRY, 2016-2023 (USD MILLION)
    • OTOSCOPY
      • OTOSCOPY HELPS REVEAL SIGNS OF ACUTE OTITIS MEDIA, BULGING EARDRUMS, AND BLISTERS
        • Table SURGICAL SNARES MARKET FOR OTOSCOPY, BY REGION, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: SURGICAL SNARES MARKET FOR OTOSCOPY, BY COUNTRY, 2016-2023 (USD MILLION)
    • LARYNGOSCOPY
      • LARYNGOSCOPY IS USED TO DETERMINE THE CAUSES OF THROAT AND EAR PAIN
        • Table SURGICAL SNARES MARKET FOR LARYNGOSCOPY, BY REGION, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: SURGICAL SNARES MARKET FOR LARYNGOSCOPY, BY COUNTRY, 2016-2023 (USD MILLION)
    • RETINAL ENDOSCOPY
      • ENDOSCOPY-ASSISTED VITRECTOMY ELIMINATES DELAYS IN TREATMENT TIMES THAT COULD CAUSE ADDITIONAL ISSUES IN TRAUMATIZED EYES
        • Table SURGICAL SNARES MARKET FOR RETINAL ENDOSCOPY, BY REGION, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: SURGICAL SNARES MARKET FOR RETINAL ENDOSCOPY, BY COUNTRY, 2016-2023 (USD MILLION)
    • NEUROENDOSCOPY
      • GROWING PREVALENCE OF NEUROLOGICAL DISORDERS TO SUPPORT THE GROWTH OF THE SURGICAL SNARES MARKET FOR NEUROENDOSCOPY
        • Table SURGICAL SNARES MARKET FOR NEUROENDOSCOPY, BY REGION, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: SURGICAL SNARES MARKET FOR NEUROENDOSCOPY, BY COUNTRY, 2016-2023 (USD MILLION)
    • OTHER APPLICATIONS
      • Table SURGICAL SNARES MARKET FOR OTHER APPLICATIONS, BY REGION, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: SURGICAL SNARES MARKET FOR OTHER APPLICATIONS, BY COUNTRY, 2016-2023 (USD MILLION)
  • SURGICAL SNARES MARKET, BY END USER
    • INTRODUCTION
      • Table SURGICAL SNARES MARKET, BY END USER, 2016-2023 (USD MILLION)
    • HOSPITALS
      • HOSPITALS TO DOMINATE THE SURGICAL SNARES END-USER MARKET
        • Table SURGICAL SNARES MARKET FOR HOSPITALS, BY REGION, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: SURGICAL SNARES MARKET FOR HOSPITALS, BY COUNTRY, 2016- 2023 (USD MILLION)
    • AMBULATORY SURGICAL CENTERS
      • ASCS PROVIDE OUTPATIENT PROCEDURES THAT DO NOT REQUIRE AN OVERNIGHT STAY AND SIGNIFICANTLY HELP IMPROVE QUALITY
        • Table NUMBER OF MEDICARE-CERTIFIED ASCS IN THE US (2000-2015)
        • Table SURGICAL SNARES MARKET FOR AMBULATORY SURGICAL CENTERS, BY REGION, 2016-2023 (USD MILLION)
        • Table NORTH AMERICA: SURGICAL SNARES MARKET FOR AMBULATORY SURGICAL CENTERS,BY COUNTRY, 2016-2023 (USD MILLION)
    • OTHER END USERS
      • Table SURGICAL SNARES MARKET FOR OTHER END USERS, BY REGION, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: SURGICAL SNARES MARKET FOR OTHER END USERS, BY COUNTRY, 2016-2023 (USD MILLION)
  • SURGICAL SNARES MARKET, BY REGION
    • INTRODUCTION
      • Table SURGICAL SNARES MARKET, BY REGION, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: SURGICAL SNARES MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: SURGICAL SNARES MARKET, BY USABILITY, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: SURGICAL SNARES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: SURGICAL SNARES MARKET, BY END USER, 2016-2023 (USD MILLION)
      • US
        • Table MEDICARE NATIONAL AVERAGE COVERAGE FOR ENDOSCOPIC PROCEDURES USING THE SNARE TECHNIQUE, 2018
        • Table US: SURGICAL SNARES MARKET, BY USABILITY, 2016-2023 (USD MILLION)
        • Table US: SURGICAL SNARES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table US: SURGICAL SNARES MARKET, BY END USER, 2016-2023 (USD MILLION)
      • CANADA
        • Table CANADA: SURGICAL SNARES MARKET, BY USABILITY, 2016-2023 (USD MILLION)
        • Table CANADA: SURGICAL SNARES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table CANADA: SURGICAL SNARES MARKET, BY END USER, 2016-2023 (USD MILLION)
    • EUROPE
      • EUROPE TO ACCOUNT FOR THE SECOND-LARGEST SHARE OF THE SURGICAL SNARES MARKET IN 2018
        • Table EUROPE: SURGICAL SNARES MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table EUROPE: SURGICAL SNARES MARKET, BY USABILITY, 2016-2023 (USD MILLION)
        • Table EUROPE: SURGICAL SNARES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table EUROPE: SURGICAL SNARES MARKET, BY END USER, 2016-2023 (USD MILLION)
    • ASIA PACIFIC
      • ASIA PACIFIC MARKET TO GROW AT THE HIGHEST CAGR DURING THE FORECAST PERIOD
        • Table ASIA PACIFIC: SURGICAL SNARES MARKET, BY USABILITY, 2016-2023 (USD MILLION)
        • Table ASIA PACIFIC: SURGICAL SNARES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table ASIA PACIFIC: SURGICAL SNARES MARKET, BY END USER, 2016-2023 (USD MILLION)
    • REST OF THE WORLD
      • INCREASING INVESTMENT IN HEALTHCARE INFRASTRUCTURE WILL DRIVE MARKET GROWTH IN THE ROW
        • Table ROW: SURGICAL SNARES MARKET, BY USABILITY, 2016-2023 (USD MILLION)
        • Table ROW: SURGICAL SNARES MARKET, BY APPLICATION, 2016-2023 (USD MILLION)
        • Table ROW: SURGICAL SNARES MARKET, BY END USER, 2016-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • MARKET OVERVIEW
    • MARKET RANKING ANALYSIS, 2017
      • Table SURGICAL SNARES MARKET RANKING, BY KEY PLAYER (2017)
    • COMPETITIVE SITUATION AND TRENDS
      • PRODUCT LAUNCHES
        • Table PRODUCT LAUNCHES, 2015 TO 2018
      • ACQUISITIONS
        • Table ACQUISITIONS, 2015-2018
      • EXPANSIONS
        • Table EXPANSIONS, 2015 TO 2018
  • COMPANY PROFILES
    • OLYMPUS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • BOSTON SCIENTIFIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • COOK MEDICAL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • CONMED
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MEDLINE INDUSTRIES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • MEDTRONIC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • STERIS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • MERIT MEDICAL SYSTEMS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HILL-ROM HOLDINGS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SKLAR SURGICAL INSTRUMENTS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • AVALIGN TECHNOLOGIES
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report