Spain General Surgical Devices Market Size

Spain General Surgical Devices Market Analysis

The Spanish general surgical devices market is expected to register a CAGR of 5.4% over the forecast period.

• The general surgery market in Spain was initially negatively impacted by the risk of infections, massive lockdowns, and the temporary delays or cancellations of elective procedures. The volume of surgeries significantly declined during the pandemic as regulatory authorities in Spain implemented stringent guidelines to avoid all non-emergent surgeries.
• According to an article published in the Journal Cancer in June 2021, titled "Effect of COVID-19 on Thoracic Oncology Surgery in Spain: A Spanish Thoracic Surgery Society (SECT) Survey," there was a decrease in the volume of surgeries, with over 95.7% of surgeries decreasing in Spain. The study also highlighted that only 41.5% of centers were performing surgery on oncological patients, while over 11.7% of centers performed only in emergencies. Another study published in the Journal of Clinical Obesity in June 2021 reported that over 97% of bariatric procedures were canceled during the COVID-19 pandemic.
• However, with the resumption of elective and non-urgent surgeries, the general surgical devices market in Spain is expected to grow at a stable pace during the forecast period. The healthcare bodies of the country are gradually resuming such procedures amid and after the pandemic, with measures in place to clear the backlog of surgeries from the past two years. For instance, in January 2023, the Health Ministry of Spain announced a budget of EUR 7 million (USD 8.6 million) to assist private clinics in performing surgery on patients referred from Spain's Costa Blanca Alicante province hospital.
• The market for general surgical devices in Spain has also increased due to increasing injuries, accidents, and growing demand for minimally invasive devices. Spain experiences a surge of thousands of medical tourists annually, contributing to increased hospitalization rates and hospital stays, which is anticipated to drive market growth. Additionally, Spain's senior population increase is expected to drive the demand for general surgical devices, as they are prone to chronic diseases and require surgical care.
• Furthermore, the prevalence of various cardiac disorders, such as coronary heart disease, stroke, and heart failure, is expected to drive the demand for general surgical devices, thereby contributing to the market's growth. Technological advancements have also improved surgical devices, making them more effective and minimally invasive.
• The COVID-19 pandemic significantly impacted the market's growth during the lockdown period, with a significant reduction in surgeries, as reported in an NIH article published in July 2021. However, with the relaxation of lockdown restrictions after the pandemic, there is an increased demand for general surgical devices due to postponed surgeries.