Increase in number of road accidents and growing adoption of minimally invasive procedures to drive Europe plastic surgery instrument market
According to TechSci Research report, “Europe Plastic Surgery Instrument Market By Type (Handheld (Forceps, Needle Holders, Scissors, Retractors, Others), Electrosurgical (Bipolar Instruments, Monopolar Instruments), Others), By Procedure (Cosmetic Surgery (Breast Procedures, Face and Head Cosmetic Surgery, Body & Extremities Cosmetic Procedures), Reconstructive Surgery (Breast Reconstruction Surgery, Congenital Deformity Correction, Tumour Removal, Others), By End User (Hospitals, Others), By Country, Forecast & Opportunities, 2025”, the market is expected to witness significant growth during the forecast period. Key factors propelling the growth of Europe plastic surgery instrument market include increasing aging population, growing adoption of minimally invasive procedures and non-invasive procedures. Furthermore, rise in cases of road accidents and increases number of surgeries being underdone to restore tissue function is also creating high demand for plastic surgery instruments in countries such as Germany, Italy, United Kingdom and France. In addition to this, growing demand for cosmetic procedures such as breast augmentation (silicone implants), eyelid surgery and liposuction among women are expected to drive the market growth in coming years.
Moreover, high disposable income and increasing healthcare expenditure is also augmenting the growth of Europe plastic surgery instrument market. The introduction of new technologies such as laser surgeries, etc., are also fueling the plastic surgery instrument market growth. Furthermore, growing awareness towards physical appearance and presence of large number of plastic surgeons in the region are anticipated to support the growth of plastic surgery instrument market through 2025. Also, rise in number of face & head surgery procedures in Germany and other European countries is further contributing to increasing demand for plastic surgery instruments.
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Europe plastic surgery instruments market is segmented based on type, procedure, end user and country. Based on type, the market can be segmented into handheld, electrosurgical and other instruments. Among them, the handheld segment accounted for largest market share in 2019. The segment is further categorized into forceps, needle holders, scissors, retractors and others. However, the electrosurgical instruments are expected to undergo fastest growth during the forecast period. The segment is further split into bipolar instruments, monopolar instruments. Technological advancements and growing requirement for reducing the operating time of surgeries are key factors creating high demand for electrosurgical instruments in Europe.
Based on procedure, Europe plastic surgery instrument market can be segmented into cosmetic surgery and reconstructive surgery. Among them, cosmetic surgery segment is expected to dominate the market during the forecast period on account of rising number of breast procedures, face & head procedures and body & extremities procedures in the region.
Major players operating in the Europe plastic surgery instruments market include B. Braun Melsungen AG, KLS Martin Group, Tekno-Medical Optik-Chirurgie GmbH, Zimmer UK Ltd., Integra LifeSciences Corporation, KARL STORZ GmbH & Co. KG, BMT Medizintechnik GmbH, Bolton Surgical Ltd, Blink Medical Ltd, Surgicon Pvt. Ltd., Stryker Corporation and Alcon Laboratories, Inc. The companies are investing on innovative product launches in order to enhance their product portfolio. Other key growth strategies include partnerships, mergers and acquisitions.
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“The high per capita disposable income in European countries is enabling people to spend more on cosmetic procedures in order to enhance their physical appearances. Also, the region is witnessing significant rise in face & head surgical cosmetic procedures, especially in Germany. In addition, the presence of leading market players in the region is providing immense growth opportunities,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Europe Plastic Surgery Instrument Market By Type (Handheld (Forceps, Needle Holders, Scissors, Retractors, Others), Electrosurgical (Bipolar Instruments, Monopolar Instruments), Others), By Procedure (Cosmetic Surgery (Breast Procedures, Face and Head Cosmetic Surgery, Body & Extremities Cosmetic Procedures), Reconstructive Surgery (Breast Reconstruction Surgery, Congenital Deformity Correction, Tumour Removal, Others), By End User (Hospitals, Others), By Country, Forecast & Opportunities, 2025” has evaluated the future growth potential of Europe plastic surgery instrument market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in Europe plastic surgery instruments market.
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