The Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2024-2033).
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According to The Business Research Company’s comprehensive analysis outlined in the Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Global Market Report 2024, the landscape of hepatic-pancreatic-biliary (HPB) surgical devices is poised for robust expansion in the coming years. Projections indicate a substantial growth trajectory, with the market anticipated to reach a valuation of $6.83 billion by 2028, boasting a commendable compound annual growth rate (CAGR) of 6.8%. This growth narrative finds its roots in several influential factors, including the escalating incidence of liver and pancreatic ailments, a burgeoning trend of gallbladder afflictions in the younger demographic, the surge in medical tourism, heightened emphasis on maintaining dietary wellness, and the escalating prevalence of HPB disorders.
A notable phenomenon shaping the forecast horizon revolves around the emergence of transformative trends such as remote surgical platforms, the integration of nanotechnology within surgical devices, the advent of patient-specific implants, the evolution of smart surgical instruments, and the integration of augmented reality (AR) into surgical planning methodologies.
The propulsion of the hepatic-pancreatic-biliary (HPB) surgical device market is further buoyed by the ascending tide of medical tourism. This paradigm shift encompasses individuals traversing geographical boundaries to access specialized medical treatments, healthcare services, and surgical interventions. Leveraging hepatic-pancreatic-biliary (HPB) surgical devices, medical tourism facilitates the delivery of premium-grade surgical solutions catering to liver, pancreatic, and bile duct-related complications. Notably, these interventions offer a compelling value proposition characterized by enhanced cost-efficiency, cutting-edge technological interventions, and streamlined procedural timelines, eclipsing the offerings available within patients’ domestic healthcare ecosystems.
Illustratively, recent statistics underscore this burgeoning trend, with ALM BenefitsPRO reporting a substantial surge in Americans seeking medical care abroad. In 2022, approximately 263,000 individuals from the United States embarked on medical journeys overseas, marking a significant escalation from the 115,000 recorded in 2020. Evidently, the burgeoning phenomenon of medical tourism emerges as a pivotal driver steering the growth trajectory of the hepatic-pancreatic-biliary (HPB) surgery and surgical devices market.
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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
Top 5 Major Players:
- Cardinal Health Inc
- Johnson & Johnson Services Ltd
- General Electric Company
- 3M Company
- Medtronic Plc
Leading stakeholders within the hepato-pancreatic-biliary (HPB) surgery surgical devices arena are steadfastly committed to fostering innovation to fortify their competitive foothold within the market landscape. This strategic imperative underscores a concerted focus on pioneering technological marvels, exemplified by the advent of robotic-assisted surgical staplers. These cutting-edge devices are poised to revolutionize various surgical modalities, catering predominantly to gastrointestinal surgeons, surgical oncologists, bariatric surgeons, and HPB specialists.
For instance, Intuitive Surgical Inc., a preeminent US-based medical device enterprise, unveiled SureForm in June 2021, a robotic-assisted surgical stapler. Distinguished by its innovative SmartFire technology, this pioneering device harnesses integrated software capabilities to effectuate automatic adjustments throughout the stapling process, thereby optimizing the formation of a consistent staple line and mitigating tissue damage across an extensive spectrum of tissue thicknesses.
The hepato-pancreatico-biliary (hpb) surgeries surgical devices market report table of contents includes:
1. Executive Summary
2. Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market Characteristics
3. Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market Trends And Strategies
4. Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market – Macro Economic Scenario
5. Global Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market Size and Growth
…..
32. Global Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market Competitive Benchmarking
33. Global Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market
35. Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market, Segmentation By Indication, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
…..
Table 74: Cardinal Health Inc. Financial Performance
Table 75: Johnson & Johnson Services Ltd. Financial Performance
Table 76: General Electric Company Financial Performance
Table 77: 3M Company Financial Performance
Table 78: Medtronic Plc Financial Performance
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