How has the hepato-pancreatico-biliary (hpb) surgeries surgical devices market evolved, and where is it heading next?
The hepato-pancreatico-biliary (HPB) surgeries surgical devices market size has grown strongly in recent years. It will grow from $5.25 billion in 2024 to $5.66 billion in 2025 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to aging population, global expansion of healthcare infrastructure, rise in minimally invasive surgeries, regulatory approvals and standardization, rising demand for ambulatory surgical centers.
The hepato-pancreatico-biliary (HPB) surgeries surgical devices market size is expected to see strong growth in the next few years. It will grow to $7.26 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to increasing number of diseases associated with liver and pancreas, growing trends of gallbladder concerns in younger adults, rising medical tourism, rising attention to a healthy diet, increasing prevalence of HPB disorders. Major trends in the forecast period include remote surgical platforms, nanotechnology in surgical devices, patient-specific implants, smart surgical instruments, augmented reality (AR) in surgical planning.
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What are the key forces behind the hepato-pancreatico-biliary (hpb) surgeries surgical devices market’s growth in recent years?
Rising medical tourism is expected to propel the growth of the hepatic-pancreatic-biliary (HPB) surgical device market going forward. Medical tourism refers to the practice of individuals traveling to another country or region to seek medical treatment, healthcare services, or procedures. Medical tourism uses hepatic-pancreatic-biliary (HPB) surgical devices to give people from other countries access to specialized and high-quality surgeries for problems with the liver, pancreas, and bile ducts. These surgeries are often more cost-effective, use more advanced technology, and have shorter wait times than in the patients’ home countries. For instance, in December 2023, according to the Centers for Medicare and Medicaid Services (CMS), a US-based federal agency, in 2023 U.S. healthcare spending grew 4.1% to reach $4.5 trillion in 2022, faster than the increase of 3.2% in 2021. Additionally, spending on hospital care services grew by 2.2% in 2022, totalling $1.4 trillion. Therefore, rising medical tourism is driving the growth of the hepatic-pancreatic-biliary (HPB) surgery and surgical devices market.
What are the major segments of the hepato-pancreatico-biliary (hpb) surgeries surgical devices market?
The hepato-pancreatico-biliary (HPB) surgeries surgical devices market covered in this report is segmented –
1) By Product: Electrosurgery Instruments, Endoscope, Hand Instruments, Access Instruments, Stents, Energy/Vessel Sealing Devices, Visualization and Robotic Surgical System, Surgical Suture and Stapler Devices, Fluid Management System
2) By Indication: Liver Cancer, Pancreatic Cancer, Gall Stones, Bile Duct Cancer, Cirrhosis, Pancreatitis, Cholecystitis
3) By End User: Hospitals, Specialty Clinics, Trauma Centers, Ambulatory Surgical Centers
Subsegments:
1) By Electrosurgery Instruments: Electrosurgical Generators, Monopolar And Bipolar Electrosurgical Devices, Electrosurgical Pencils And Accessories
2) By Endoscope: Rigid Endoscopes, Flexible Endoscopes, Laparoscopes, Video Endoscopes
3) By Hand Instruments: Scissors, Forceps, Graspers, Scalpels
4) By Access Instruments: Trocar And Cannula Systems, Access Ports, Balloon Dilators
5) By Stents: Biliary Stents, Pancreatic Stents, Drug-Eluting Stents
6) By Energy Or Vessel Sealing Devices: Ultrasonic Energy Devices, Radiofrequency Ablation Devices, Hemostatic Devices
7) By Visualization And Robotic Surgical System: Robotic Surgical Systems, High-Definition Visualization Systems, Surgical Cameras
8) By Surgical Suture And Stapler Devices: Absorbable And Non-Absorbable Sutures, Manual And Automated Staplers, Linear Staplers
9) By Fluid Management System: Fluid Warming Systems, Fluid Suction Systems, Drainage Systems
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Which companies dominate the hepato-pancreatico-biliary (hpb) surgeries surgical devices market?
Major companies operating in the hepato-pancreatico-biliary (HPB) surgeries surgical devices market report are Cardinal Health Inc., Johnson & Johnson Services Ltd., General Electric Company, 3M Company, Medtronic Plc, KARL STORZ SE & Co. KG, FUJIFILM Holdings Corporation, BD CooperSurgical Inc., Koninklijke Philips N.V., Stryker Corporation, Boston Scientific Corporation, B. Braun Melsungen AG, Olympus Corporation, Terumo Corporation, Smith & Nephew plc, Steris Plc, W.L. Gore & Associates Inc., Cook Medical Inc., CONMED Corporation, Richard Wolf GmbH, CooperSurgical Inc., Medi-Globe GmbH, Thompson Surgical Instruments Inc., Lotus Surgicals Pvt. Ltd., Comepa Industries, Hobbs Medical Inc., TeleMed Systems Inc., Medorah Meditek Pvt. Ltd., Origio India Pvt. Ltd.
What major trends will shape the hepato-pancreatico-biliary (hpb) surgeries surgical devices market during the forecast period?
Major companies in the hepato-pancreatic-biliary (HPB) surgery surgical devices market are developing innovative technological products, such as robotic-assisted surgical staplers, to gain a competitive edge in the market. The robotic-assisted surgical stapler is a device used in various surgical procedures, particularly in gastrointestinal surgeons, surgical oncologists, bariatric surgeons, and HPB (Hepato-Pancreatic-Biliary). For instance, in September 2022, Olympus Corporation, a Japan-based manufacturer of optics and reprography products, launched the VISERA ELITE III, its newest surgical visualization platform. The system supports multiple imaging functions, offering ultra-high-definition 4K resolution and fluorescence imaging to enable precise dissection of liver and pancreatic tissues during laparoscopic procedures, including laparoscopic cholecystectomy and liver resections. This innovation helps improve visualization, leading to safer and more effective HPB surgeries.
What are the key regional dynamics of the hepato-pancreatico-biliary (hpb) surgeries surgical devices market, and which region leads in market share?
North America was the largest region in the hepatic-pancreatic-biliary (HPB) surgical device market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hepato-pancreatico-biliary (HPB) surgeries surgical devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market Report 2025 Offer?
The hepato-pancreatico-biliary (hpb) surgeries surgical devices market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Hepato-Pancreatico-Biliary (HPB) surgeries surgical devices are instruments designed for cutting, dissecting, grasping, and suturing tissues in surgical procedures involving the liver (hepato-), pancreas (pancreatic-), and bile ducts (biliary). This device is used to perform complex procedures on these delicate organs.
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