Market Snapshot
| Study Period: | 2018 - 2026 |
| Base Year: | 2020 |
| CAGR: | 5.4 % |
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Market Overview
The market for general surgical devices has been increasing in Spain primarily due to increasing cases of injuries, accidents and growing demand for minimally invasive devices in Spain.
Moreover, disorders like cardiac disorders have also become more prevalent, which have increased the demand for surgical procedures. The growing population of surgical procedures is likely to register an increased demand for surgical medical devices. In addition, technological advancements have also improved making them more effective and minimally invasive. Hence this has also helped the market to grow in Spain.
Scope of the report
As per the scope of this report, surgical instruments are specifically designed instruments that are clinically and accurately produced to help the surgeons in performing surgeries.
| By Product | |
| Handheld Devices | |
| Laproscopic Devices | |
| Electro Surgical Devices | |
| Wound Closure Devices | |
| Other Products |
| By Application | |
| Gynecology and Urology | |
| Cardiology | |
| Orthopedic | |
| Neurology | |
| Other Applications |
Key Market Trends
Application in Orthopedics is expected to Likely to Register High Growth During the Forecast Period
Orthopedic surgery or orthopedics, is concerned with conditions involving the musculoskeletal system. Orthopedic surgery is to treat musculoskeletal trauma, spine diseases, sports injuries, degenerative diseases, infections, tumors, and congenital disorders.
Recently, the number of accidents has increased in Spain that has demanded surgical operations to take place. According to a 2019 report by the Directorate-General for Traffic (Dirección General de Tráfico) of Spain, the number of road traffic accidents in Spain has increased over the past few years. Hence this has resulted in more number of admissions to hospitals, which has, in turn, increased the number of surgeries, thereby increasing the surgical devices market.
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Competitive Landscape
Spain is a developed country with well-structured healthcare system in the country. As a result, many global players in the General Surgical Devices market are present in the country. Moreover, it is in vicinity to other developed economies of Europe. These factors have made the region very competitive.
Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.2.1 Rising Demand for Minimally Invasive Surgeries
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4.2.2 High Rate of Injuries and Accidents
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4.3 Market Restraints
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4.3.1 Improper Reimbursement Issues
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4.4 Porter's Five Force Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Product
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5.1.1 Handheld Devices
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5.1.2 Laproscopic Devices
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5.1.3 Electro Surgical Devices
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5.1.4 Wound Closure Devices
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5.1.5 Other Products
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5.2 By Application
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5.2.1 Gynecology and Urology
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5.2.2 Cardiology
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5.2.3 Orthopedic
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5.2.4 Neurology
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5.2.5 Other Applications
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 3M Company
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6.1.2 B. Braun Melsungen AG
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6.1.3 Boston Scientific Corporation
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6.1.4 Olympus Corporation
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6.1.5 Conmed Corporation
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6.1.6 Johnson & Johnson
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6.1.7 Smith & Nephew PLC
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6.1.8 Medtronic PLC
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*List Not Exhaustive -
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
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Frequently Asked Questions
What is the study period of this market?
The Spain General Surgical Devices Market market is studied from 2018 - 2026.
What is the growth rate of Spain General Surgical Devices Market?
The Spain General Surgical Devices Market is growing at a CAGR of 5.4% over the next 5 years.
Who are the key players in Spain General Surgical Devices Market?
B. Braun Melsungen AG, Boston Scientific Corporation, Johnson & Johnson, Medtronic PLC, CONMED Corporation are the major companies operating in Spain General Surgical Devices Market.
