Market Trends of Brazil General Surgical Devices Industry
Handheld Device is Expected to Hold Significant Share in the General Surgical Devices Market During the Forecast Period
- Hand-held surgical devices are nonpowered, hand-held, or hand-manipulated devices such as scalpels, forceps, and retractors that are intended to be used in various general surgical procedures. Hand-held surgical devices are categorized as Class I medical devices. Handheld devices are useful in the majority of open procedures, including abdominal, breast, spine, joint, and oral surgery. The advantages include diminished post-surgery problems, a precise incision, no post-operative side effects, a normal level of blood loss, and a faster recovery.
- The benefits of handheld devices are expected to register high growth as they are widely used in surgical procedures. The number of minimally invasive surgical procedures is rising each year, and this is helping the market grow. The development of advanced devices, like robotic handheld surgical devices for laparoscopic interventions, enhances a surgeon's dexterity.
- The significant number of surgeries performed in Brazil is expected to increase demand for handheld surgical devices. According to the study published in the PLOS Journal in June 2022, the number of cataract surgeries carried out within the Brazilian national healthcare system has increased during the previous few years. Thus, all the aforementioned factors, such as rising minimally invasive surgical procedures coupled with the product launch, boost the market in this segment.
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Orthopedic Segment is Expected to Hold Significant Market Share Over the Forecast Period
- The orthopedic segment is driven by the rising prevalence of orthopedic diseases, an aging population, and strategic activities by the market players. The rising prevalence of orthopedic diseases is predicted to raise demand for orthopedic surgery, which will, in turn, increase the use of orthopedic equipment, increasing market growth.
- For instance, according to a study published in Clinical Rheumatology in January 2022, in Brazil, the total prevalence of knee osteoarthritis was 22% among individuals aged 39. Thus, the significant burden of osteoarthritis in the country is expected to propel the growth of the segment over the forecast period.
- The aging population is more prevalent to orthopedic diseases, and thus the growing geriatric population is expected to boost segment growth over the forecast period. For instance, according to the article published in Global Bioethics in August 2021, the senior population in Brazil used to account for one in every ten people, but this is anticipated to alter dramatically by 2060, with one in every three people over the age of 60. Thus, all aforementioned factors, such as the significant burden of orthopedic diseases and the aging population, are likely to boost segment growth over the forecast period.
