Market Trends of France General Surgical Devices Industry
This section covers the major market trends shaping the France General Surgical Devices Market according to our research experts:
Handheld Devices is Expected to Hold a Significant Share of the Market
The development of advanced devices, like robotic handheld surgical devices for laparoscopic interventions, enhances a surgeon's dexterity. Needle holders are very similar to hemostats in shape, featuring jaws and handles. Needle holders allow the needle to be locked into place for suturing in various tissue types. The market is growing due to the rise in minimally invasive surgical procedures and an increase in outpatient surgeries.
In France, the rising number of surgeries led to the increasing use of handheld surgical devices. For instance, as per the Organization for Economic Co-operation and Development (OECD) data in 2022, in France, around 62,206 laparoscopic appendectomy procedures, 110,848 laparoscopic cholecystectomy procedures, and 147,553 cesarean section procedures were performed in 2020. Thus, a growing number of surgical procedures is likely to increase the demand for handheld devices in the future.
Additionally, product launches by key market players are expected to boost the market in the country. For instance, in March 2022, Saintonge Hospital in France purchased and installed cutting-edge Dexter surgical equipment. Dexter's clinical adaptability will help enhance patient outcomes in general surgery, gynecology, and urology by providing on-demand robotic assistance. This novel idea enables laparoscopic surgeons to select their favorite equipment for each step of a surgical operation.
Thus, the aforementioned factors are expected to boost the growth of the segment over the forecast period.
Neurology is Expected to Hold Significant Share the France General Surgical Devices Market
Neurological surgical devices are medical devices that help treat various neurological disorders and conditions, such as Alzheimer's disease, Parkinson's disease, major depression, and traumatic brain injury. The increasing burden of neurological disorders among the population is the key factor driving the demand for neurology Surgery and thus for surgical devices. According to the Alzheimer's Association 2022, in France, more than 1,175,000 people are living with Alzheimer's disease, and more than 200,000 people have diagnosed with Alzheimer's or another dementia each year. Such a huge number of Alzheimer's patients in France will lead to demand for neurological surgeries, ultimately increasing demand for surgical devices in the country.
Furthermore, rising initiatives from the key market players in France to bring technologically advanced surgical devices into the market. For instance, in December 2021, eCential Robots, a Grenoble-based Medtech specializing in surgical robotics, and the European Investment Bank (EIB) signed a EUR 15 million funding agreement. The operation intends to fund research and innovation to enable the company to reach its goal of becoming the operating room's digital surgery and robotics standard for neuro-musculoskeletal surgery.
Thus, all aforementioned factors such as the growing burden of neurological diseases and strategic initiatives by market players are expected to boost the segment growth over the forecast period.
