UK Surgical Devices Market

UK Surgical Devices Market Overview:

The UK surgical devices market size reached US$ 617 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1007 Million by 2032, exhibiting a growth rate (CAGR) of 5.60% during 2024-2032. The market is propelled by the rising geriatric population, increasing incidence of chronic diseases such as diabetes, obesity, and cardiovascular diseases, growing adoption of minimally invasive surgeries, and innovations like robotic-assisted surgeries, and advanced imaging technologies.

UK Surgical Devices Market Trends:

Aging Population

The UK's aging population is an important factor increasing demand for surgical instruments. According to the Centre for Ageing Better, the older population in England is increasing. In the last 40 years, the number of people aged 50 and over has increased by over 6.8 million (a 47% increase), and the number aged 65 and over has increased by over 3.5 million (a 52% increase). Besides, over 10 million people are currently aged 65 and over, making up 18% of the population. As the population ages, the prevalence of age-related ailments such cardiovascular disease, orthopedic disorders, and cancer rises, necessitating more surgical treatments. Older people are more likely to need surgery such as knee replacements, heart procedures, and cancer treatments. The senior population also increases the demand for minimally invasive surgical equipment that shorten recovery time and lower surgical risks, which is especially essential for elderly patients. Moreover, the National Health Service (NHS) and private healthcare providers are increasing their investment in modern surgical instruments to meet the demands of this population, resulting in better healthcare outcomes.

Rising Incidences of Chronic Diseases

The increased prevalence of major chronic conditions such as diabetes, obesity, and cardiovascular disease is a primary driver of the UK surgical devices market. As per Diabetes UK, over 4.9 million people are currently living with diabetes in the UK, with 90% of those with type 2. These disorders frequently result in consequences requiring surgical intervention. For example, diabetic patients may require surgery to treat problems such as neuropathy or peripheral artery disease. Obesity, for example, can necessitate bariatric surgery, whereas cardiovascular disorders frequently necessitate procedures such as angioplasty or bypass surgery. The growing frequency of these chronic illnesses is driving demand for a diverse spectrum of surgical devices, including diagnostic tools, surgical instruments, and implants. Public health initiatives and awareness campaigns are increasingly stressing early diagnosis and treatment, which is strengthening the market.

UK Surgical Devices Market News:

• In July 2023, Rotherham-based medical device company Marsden Group is targeting growth within international and UK healthcare markets with the acquisition of specialist surgical instruments and medical device manufacturer Bailey Instruments. It stated that the acquisition of Manchester-based Bailey Instruments will strengthen its international growth strategy by expanding the company’s existing range of medical instruments which are used by medical professionals operating within the UK’s public and private healthcare sectors.
• In March 2024, Advanced Medical Solutions Group plc (AMS), a world-leading specialist in tissue-healing technologies in Winsford, UK, announced that it has entered into an agreement for the proposed acquisition of Peters Surgical, a leading global provider of specialty surgical sutures, mechanical haemostasis and internal cyanoacrylate devices.

UK Surgical Devices Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type, application, and end-user.

Product Type Insights:

• Surgical Sutures and Staples 
  •  Absorbable Sutures
  •  Non-absorbable Sutures
  •  Surgical Staplers
• Handheld Surgical Equipment
  • Scalpels and Blades
  • Forceps and Spatulas
  • Scissors
  • Clamps
  • Retractors
  • Graspers
  • Others
• Minimally Invasive Surgical Instruments 
  • Endoscopes
  • Laparoscopes
  • Arthroscopes
  • Others
• Electrosurgical Devices 
  • Electrosurgical Generators
  • Electrosurgical Instruments and Accessories
• Others
   

The report has provided a detailed breakup and analysis of the market based on the product type. This includes surgical sutures and staples (absorbable sutures, non-absorbable sutures, and surgical staplers), handheld surgical equipment (scalpels and blades, forceps and spatulas, scissors, clamps, retractors, graspers, and others), minimally invasive surgical instruments (endoscopes, laparoscopes, arthroscopes, and others), electrosurgical devices (electrosurgical generators, electrosurgical instruments and accessories), and others.

Application Insights:

• Neurosurgery
• Plastic and Reconstructive Surgeries
• Wound Closure 
• Obstetrics and Gynaecology 
• Urology
• Microvascular
• Thoracic Surgery
• Cardiovascular
• Orthopaedic Surgery 
• Laparoscopy
• Others
   

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes neurosurgery, plastic and reconstructive surgeries, wound closure, obstetrics and gynaecology, urology, microvascular, thoracic surgery, cardiovascular, orthopaedic surgery, laparoscopy, and others.

End-User Insights:

• Hospitals and Clinics 
• Ambulatory Surgical Centers
   

The report has provided a detailed breakup and analysis of the market based on the end-user. This includes hospitals and clinics and ambulatory surgical centers.

Regional Insights:

• London
• South East
• North West
• East of England
• South West
• Scotland
• West Midlands
• Yorkshire and The Humber
• East Midlands
• Others
   

The report has also provided a comprehensive analysis of all the major regional markets, which include London, South East, North West, East of England, South West, Scotland, West Midlands, Yorkshire and The Humber, East Midlands, and Others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

UK Surgical Devices Market Report Coverage:

Key Questions Answered in This Report:

• How has the UK surgical devices market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the UK surgical devices market?
• What is the breakup of the UK surgical devices market on the basis of product type?
• What is the breakup of the UK surgical devices market on the basis of application?
• What is the breakup of the UK surgical devices market on the basis of end-user?
• What are the various stages in the value chain of the UK surgical devices market? 
• What are the key driving factors and challenges in the UK surgical devices?
• What is the structure of the UK surgical devices market and who are the key players?
• What is the degree of competition in the UK surgical devices market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the UK surgical devices market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the UK surgical devices market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the UK surgical devices industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.