Market Trends of Germany General Surgical Devices Industry
This section covers the major market trends shaping the Germany General Surgical Devices Market according to our research experts:
Handheld Surgical Devices to Witness Steady Growth Over the Forecast Period
Handheld surgical devices are becoming increasingly advanced. The development of advanced devices, like robotic handheld surgical devices for laparoscopic interventions, enhances a surgeon's dexterity. Many innovations have been made due to the need for high reliability, accuracy, and patient safety. New cordless handheld devices are one such innovation that has added a level of comfort and control for surgeons. For example, Covidien's Lapro-ClipTM clip applier is a handheld medical device used to ligate blood vessels during laparoscopic surgery.
An article published by PubMed in September 2021 discussed a study on the use of minimally invasive handheld surgical instruments, which was funded by the Federal Ministry for Economic Affairs and Energy, Germany. The study focused on the manufacturing of a functional model as a proof of concept comprising the development of a suitable forceps mechanism and electronic circuit for position control and gripping force measurement. Such studies focusing on product innovations in the handheld surgical instruments segment are expected to add to the growth of the studied market over the forecast period.
Thus, owing to the increasing innovations in the development of handheld surgical tools in the nation, the studied segment is expected to grow significantly.
Gynecology and Urology Segment is Expected to Hold a Significant Market Share Over the Forecast Period
Gynecological and urological diseases are becoming increasingly prevalent in Germany, and the rising demand for surgical devices like laparoscopy devices for the treatment of these diseases is expected to fuel the segment's growth. Factors like the increasing prevalence of gynecological and urological diseases, the increasing demand for laparoscopic surgical devices, the increasing geriatric population, and rising product launches by major market players are enhancing segment growth.
According to an article published by PubMed Central in May 2022, Endometriosis is a chronic gynecological disease, and it is defined as the presence of functional endometrial mucosa outside the uterine cavity, often in the pelvis. The study suggests that Endometriosis has a high prevalence in Germany, and laparoscopic surgery is considered a gold standard for the diagnosis of Endometriosis. Hence, the rising prevalence of such diseases is expected to increase the demand for surgical devices such as laparoscopic devices.
Moreover, the increasing demand for Germany-based laparoscopic surgical devices is also expected to enhance segment growth. For instance, according to an article published by PubMed Central in April 2022, a study was conducted among surgeons who were asked about the brand and company of the previously used handheld steerable laparoscopic instruments (SLI). The surgeons responded with 23 different brands and companies, of which 17% Karl Storz SE & Co. KG (Tuttlingen, Germany) and 10% Tuebingen Scientific Medical GmbH (Tuebingen, Germany) were the most common. Furthermore, the increasing geriatric population in the country is also expected to enhance segment growth, as old age is often associated with a high prevalence of urological diseases.
Thus, owing to the factors such as the increasing prevalence of gynecological and urological diseases, the increasing demand for laparoscopic surgical devices, and the increasing geriatric population, the studied segment is expected to grow significantly.