The Global Surgical Snare Market size was valued at $6.5 million in 2021 and is expected to reach $7.2 billion by 2028, growing at a CAGR of 3%. The Urology endoscopy segment accounted for the largest share of the overall market in 2018, followed by GI endoscopy which generated the second-largest revenue. North America dominated the global surgical snare market with more than 40% share during 2018, owing to the increased adoption of minimally invasive procedures such as laparoscopy and arthroscopic surgeries.
A surgical snare is a long, thin piece of wire that's inserted through the vagina during an endoscopic procedure. The wires are designed to stay open with a double loop on each side and can be closed around tissue using forceps so it can be pulled out. Surgical snares are often used in minimally invasive procedures such as gynecology or urology surgery when there isn't enough space for traditional instruments.
On the basis of Types, the market is segmented into a disposable and reusable snare.
The disposable surgical snare is a disposable piece of equipment that can be used many times. Usually, the wire material and handle are both made from plastic; therefore, they’re recyclable after being worn out or if it doesn't need to be reused any further.
The reusable surgical snare is usually made from stainless steel, which means that it can be used many times without wearing it out.
On the basis of Application, the market is segmented into GI endoscopy, laparoscopy, gynecology/obstetrics endoscopy, arthroscopy, and urology endoscopy.
The usage of the surgical snare in GI endoscopy is on the rise. The disposable type, with its low cost and ease of use, has gained popularity among gastroenterologists. The reusable type, on the other hand, has been popular for a long time and is now gaining more popularity among practitioners.
Laparoscopy is a surgical technique that uses small incisions, or ports to create access in the body and involves inserting special instruments into these openings. The procedure can be used for many different kinds of surgeries including gynecology, urology, gastroenterology, cardiology, and head & neck surgery; as well as other procedures like biopsies (removal of tissue samples) and lymph node dissection. In this process, there are two types of snare available: one that is disposable with lower cost but less ease-of-use than the reusable type.
Surgical snare in gynecology/obstetrics endoscopy is used to grasp, cut or coagulate tissue during gynecologic and obstetric procedures. The disposable type has a lower cost but less ease of use than the reusable type; while the reusable type offers greater durability with a more expensive price tag. Some of these devices work by using gentle suction to hold tissues or can be electrically heated for use on blood vessels.
Surgical snare in arthroscopy is used to hold tissues for removal of foreign bodies, irrigation, and lavage. Some devices such as the Surgi-Lock Arthroscope Tool Kit with Introducer Osteotomes (trade name) are designed specifically for arthroscopic procedures. The device works by providing a means of grasping tissue while simultaneously being able to introduce an osteotome into the bone during surgery which makes it possible to remove small pieces of tissue or fragments from the inside wall of joints without damaging surrounding healthy tissue. It also has electrocautery capability that provides internal hemostasis.
Surgical snare in urology endoscopy is used when removing stones from the bladder, and for extracting polyps. Disposable devices are often preferred due to hygiene considerations. The Surgi-Lock Ureteral Access Set (trade name) includes a long wire with two loops at one end which act as retrieval shears and graspers that can be passed through an incision into the urinary tract to remove obstructions such as kidney stones or other foreign bodies. This device provides both grasping capability which allows it to extract small fragments of tissue along with hemostasis capabilities using electrocautery. A reusable set does not have these additional features but offers cost savings over disposable sets because they do not need replacement after each procedure.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
North America is the leading region in the global surgical snare market and is projected to continue its dominance through 2028. This can be attributed to the high adoption of disposable devices for endoscopic surgery, the increasing prevalence of obesity which leads to urinary blockages among adults and children alike as well as a rising geriatric population with conditions such as prostate cancer that require a hospital stay. Latin America has also registered significant growth over the last few years due to developing economies coupled with low penetration rates. The European Union (EU) offers scope for growth owing to increased awareness about benefits offered by newer types of snares like reusable sets. In the Asia Pacific, China dominates this market because it generates more than half of the total revenue generated from the sale of these products globally. Middle East & Africa might be a lucrative market for surgical snare manufacturers because of high prevalence rates of obesity and the need to address diseases such as obstructive uropathy.
The global surgical snare market is growing with the increasing use of these devices in various endoscopic procedures. The rising number of surgeries coupled with prolonged hospital stays are some factors that will lead to an increase in adoption and demand for snares across different application segments such as GI, gynecology-obstetrics, arthroscopy, urology endoscopy, and other types like disposable or reusable sets. Advances in technology have also led to increased efficiency resulting from reduced wastage during surgery due to the deployment of these instruments. Rising awareness about advantages offered by newer models over conventional methods has been one-factor driving growth for this market globally. In addition to improvements seen within healthcare systems globally which offer greater accessibility and affordability via the use of snares, the presence of private healthcare providers is also boosting demand for these instruments. In general, disposable sets have been growing at a pace higher than reusable types due to their lower costs and easier disposal procedures during surgeries. This trend is expected to continue in coming years as well owing to the high volume of surgical procedures being carried out globally every year where low-cost disposables are preferred over more expensive models with better durability.
Up Market Research published a new report titled “Surgical Snare Market research report which is segmented by Types (Disposable, Reusable), By Applications (GI Endoscopy, Laparoscopy, Gynecology/Obstetrics Endoscopy, Arthroscopy, Urology Endoscopy, Other), By Players/Companies Olympus, Boston Scientific, Cook Medical, CONMED, Medline Industries, Medtronic, Steris, Merit Medical Systems, Hill-Rom Holdings, Sklar Surgical Instruments, Avalign Technologies”.
|Report Attributes||Report Details|
|Report Title||Surgical Snare Market Research Report|
|By Type||Disposable, Reusable|
|By Application||GI Endoscopy, Laparoscopy, Gynecology/Obstetrics Endoscopy, Arthroscopy, Urology Endoscopy, Other|
|By Companies||Olympus, Boston Scientific, Cook Medical, CONMED, Medline Industries, Medtronic, Steris, Merit Medical Systems, Hill-Rom Holdings, Sklar Surgical Instruments, Avalign Technologies|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||221|
|Number of Tables & Figures||155|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Disposable, Reusable and By Application GI Endoscopy, Laparoscopy, Gynecology/Obstetrics Endoscopy, Arthroscopy, Urology Endoscopy, Other.
Some of the companies that are profiled in this report are:
Surgical Snare Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Surgical Snare Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
Reasons to Purchase the Surgical Snare Market Report:
Some other reports from this category!