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What are the recent trends in market size and growth for the surgical snares market?
The surgical snares market size has grown strongly in recent years. It will grow from $1.43 billion in 2024 to $1.55 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to expanding healthcare infrastructure, government initiatives and funding, rising number of surgical procedures, growth in outpatient surgical procedures, increase in surgical training programs.
The surgical snares market size is expected to see strong growth in the next few years. It will grow to $2.1 billion in 2029 at a compound annual growth rate (CAGR) of 8.0%. The growth in the forecast period can be attributed to increasing prevalence of chronic diseases, growing geriatric population, rise in diagnostic procedures, increase in healthcare expenditure, growing awareness about early disease detection. Major trends in the forecast period include advancements in minimally invasive surgery, development of advanced snare designs, integration of advanced technology in surgical procedures, demand for precision medicine, emergence of new endoscopic techniques.
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Surgical Snares Market Report 2025
How have varous drivers impacted the growth of the surgical snares market?
The rise in the preference for minimally invasive surgeries is expected to propel the growth of the surgical snares market going forward. Minimally invasive surgeries are medical procedures that involve small incisions, often using specialized instruments and imaging techniques to minimize tissue damage. The minimally invasive surgeries are fueled by factors such as quicker recovery times, shorter hospital stays, reduced postoperative pain, and a lower risk of complications compared to traditional open surgeries. Surgical snares aid in minimally invasive surgeries by allowing precise removal of abnormal tissues, such as polyps or tumors, through small incisions. Their design enables adequate tissue resection with minimal damage to surrounding structures, enhancing the overall effectiveness and safety of the procedure. For instance, in June 2024, according to the data published by the American Society Of Plastic Surgeons, a US-based professional society representing plastic surgeons, there was a 7% rise in minimally invasive procedures from 2022 to 2023 in the USA. Therefore, increasing the preference for minimally invasive surgeries will drive the surgical snares market.
What are the primary segments of the surgical snares market?
The surgical snares market covered in this report is segmented –
1) By Usability: Single-Use, Reusable
2) By Application: GI Endoscopy, Laparoscopy, Urology Endoscopy, Gynecology Endoscopy, Arthroscopy, Bronchoscopy, Mediastinoscopy, Laryngoscopy, Other Applications
3) By End Users: Hospitals, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Single-Use: Pre-Sterilized Single-Use Surgical Snares, Non-Sterilized Single-Use Surgical Snares
2) By Reusable: Reusable Surgical Snares With Detachable Tips, Reusable Surgical Snares With Fixed Tips
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Surgical Snares Market Report 2025
Which firms are leading the surgical snares market?
Major companies operating in the surgical snares market are Stryker Corporation, Boston Scientific Corporation, B. Braun Melsungen AG, Olympus Corporation, Zimmer Biomet, Terumo Corporation, Steris, NIPRO Corporation, Teleflex Incorporated, Cook Medical, Integra LifeSciences, ConMed Corporation, PENTAX Medical Corp., JMS Co. Ltd., AngioDynamics Inc., Merit Medical Systems, Argon Medical Devices Inc., pfm medical AG, Endo-Therapeutics Inc., Sklar Surgical Instruments, Endo-Flex GmbH, EndoMed Systems GmbH, Aohua Endoscopy, Blue Endo, ENDO-TECHNIK
How will industry trends affect the trajectory of the surgical snares market?
Major companies operating in the surgical snares market are developing innovative products, such as the single-use snare probe, to enhance safety, improve procedural efficiency, reduce cross-contamination risks, and cater to the growing demand for disposable, user-friendly, and cost-effective solutions in gastrointestinal endoscopic procedures. The single-use snare probe is a disposable endoscopic tool designed for polyp removal during gastrointestinal procedures, offering enhanced safety, convenience, and sterility by reducing the risk of cross-contamination in comparison to reusable instruments. For instance, in December 2023, LeoMed Medical Co., Ltd., a China-based medical device company, launched the Single-use Snare Probe (AIO), a high-end medical device designed for early digestive tract cancer treatment. It combines multiple functions—marking, incision & dissection, injection, polypectomy, and argon coagulation—into a single tool, streamlining the Endoscopic Submucosal Dissection (ESD) process. This innovation reduces the need for instrument changes during surgery, shortens procedure time, and lowers costs, providing both operational efficiency and financial relief for patients.
Which geographic trends are shaping the surgical snares market, and which region has the highest market share?
North America was the largest region in the surgical snares market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surgical snares market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Surgical Snares Market Report 2025 Offer?
The surgical snares market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
A surgical snare is a medical instrument used in surgeries to remove polyps, tumors, or other abnormal tissue growths. It typically consists of a wire loop, which can be manipulated to encircle and then tighten around the target tissue. Surgical snares are commonly used in endoscopic procedures, such as those performed in the gastrointestinal tract, where they can be inserted through an endoscope to reach and excise lesions without the need for open surgery.
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Surgical Snares Market Report 2025
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