Global Surgical Snare Market Size Study, By Usability (Single-use, Reusable), By Application (GI Endoscope, Laparoscopy, Urology Endoscopy, Arthroscopy, Bronchoscopy), By End-use (Hospitals, ASCs), and Regional Forecasts 2022-2032
The Global Surgical Snare Market is valued at approximately USD 1.73 billion in 2023 and is anticipated to grow with a CAGR of 3.9% over the forecast period 2024-2032. A surgical snare is a versatile surgical tool used for polyp removal, tissue excision, and other surgical interventions, particularly in minimally invasive surgeries. Increasing preference for minimally invasive procedures, advancements in endoscopic tools, and the rising prevalence of chronic diseases such as gastrointestinal (GI) disorders, cancers, and orthopedic issues are the key driving factors of this market.
The growing burden of chronic diseases, including colorectal cancer, is one of the main contributors to the market growth. According to the World Health Organization (WHO), cancer remains the leading cause of global mortality, with colorectal cancer ranking among the top types worldwide. This has led to an increasing demand for effective diagnostic and therapeutic tools like surgical snares, which facilitate minimally invasive polypectomy and biopsies. Additionally, advancements in medical technology have enhanced surgical precision. For example, Medtronic's GI Genius endoscopy module employs artificial intelligence to improve polyp detection, thus enhancing diagnostic accuracy.
The market is further driven by the increasing adoption of single-use surgical snares, especially in developed economies, to ensure safety, convenience, and infection control. Single-use snares reduce cross-contamination risks, which is crucial in healthcare settings. Simultaneously, reusable snares are gaining traction in emerging economies owing to their cost-effectiveness and sustainability.
The rise of ambulatory surgical centers (ASCs) also supports market growth, particularly in developed regions such as North America and Europe, where ASCs are increasingly preferred for outpatient procedures due to reduced costs and faster recovery times. Furthermore, technological advancements such as the incorporation of robotics and AI into endoscopic tools are anticipated to open new avenues for growth in the surgical snare market.
Geographically, North America dominated the market in 2023, attributed to its advanced healthcare infrastructure, high adoption of minimally invasive surgeries, and strong presence of leading medical device manufacturers. In Asia Pacific, the market is expected to grow at the fastest rate due to increasing healthcare investments, rising awareness of advanced surgical tools, and the prevalence of GI and orthopedic disorders.
Major Market Players Included in this Report Are:
1. Medtronic
2. Boston Scientific Corporation
3. Olympus Corporation
4. Cook
5. CONMED Corporation
6. Medline Industries, Inc.
7. Steris (U.S.)
8. Merit Medical Systems
9. Hill-Rom Holdings, Inc.
10. Sklar Surgical Instruments
The Detailed Segments and Sub-segments of the Market Are Explained Below:
By Usability:
North America
The growing burden of chronic diseases, including colorectal cancer, is one of the main contributors to the market growth. According to the World Health Organization (WHO), cancer remains the leading cause of global mortality, with colorectal cancer ranking among the top types worldwide. This has led to an increasing demand for effective diagnostic and therapeutic tools like surgical snares, which facilitate minimally invasive polypectomy and biopsies. Additionally, advancements in medical technology have enhanced surgical precision. For example, Medtronic's GI Genius endoscopy module employs artificial intelligence to improve polyp detection, thus enhancing diagnostic accuracy.
The market is further driven by the increasing adoption of single-use surgical snares, especially in developed economies, to ensure safety, convenience, and infection control. Single-use snares reduce cross-contamination risks, which is crucial in healthcare settings. Simultaneously, reusable snares are gaining traction in emerging economies owing to their cost-effectiveness and sustainability.
The rise of ambulatory surgical centers (ASCs) also supports market growth, particularly in developed regions such as North America and Europe, where ASCs are increasingly preferred for outpatient procedures due to reduced costs and faster recovery times. Furthermore, technological advancements such as the incorporation of robotics and AI into endoscopic tools are anticipated to open new avenues for growth in the surgical snare market.
Geographically, North America dominated the market in 2023, attributed to its advanced healthcare infrastructure, high adoption of minimally invasive surgeries, and strong presence of leading medical device manufacturers. In Asia Pacific, the market is expected to grow at the fastest rate due to increasing healthcare investments, rising awareness of advanced surgical tools, and the prevalence of GI and orthopedic disorders.
Major Market Players Included in this Report Are:
1. Medtronic
2. Boston Scientific Corporation
3. Olympus Corporation
4. Cook
5. CONMED Corporation
6. Medline Industries, Inc.
7. Steris (U.S.)
8. Merit Medical Systems
9. Hill-Rom Holdings, Inc.
10. Sklar Surgical Instruments
The Detailed Segments and Sub-segments of the Market Are Explained Below:
By Usability:
- Single-use
- Reusable
- GI Endoscope
- Laparoscopy
- Urology Endoscopy
- Gynecology Endoscopy
- Arthroscopy
- Bronchoscopy
- Mediastinoscopy
- Laryngoscopy
- Others
- Hospitals
- Ambulatory Surgical Centers
North America
- U.S.
- Canada
- Mexico
- UK
- Germany
- France
- Italy
- Spain
- Sweden
- Norway
- Denmark
- China
- Japan
- India
- Australia
- Thailand
- South Korea
- Brazil
- Argentina
- Saudi Arabia
- UAE
- South Africa
- Kuwait
- Historical Year – 2022
- Base Year – 2023
- Forecast Period – 2024 to 2032
- Market Estimates & Forecast for 10 Years (2022-2032).
- Annualized Revenue and Regional Analysis for Each Market Segment.
- Comprehensive Geographical Landscape Analysis with Country-level Details.
- Competitive Landscape with Market Share Analysis and Key Player Profiles.
- Detailed Business Strategies and Recommendations for Future Market Approach.
- Demand-side and Supply-side Analysis of the Market.
- Analysis of Technological Advancements and Emerging Trends.
CHAPTER 1. GLOBAL SURGICAL SNARE MARKET EXECUTIVE SUMMARY
1.1. Global Surgical Snare Market Size & Forecast, 2022-2032
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Usability
1.3.2. By Application
1.3.3. By End-use
1.3.4. By Region
1.4. Key Trends
1.5. Recession Impact Analysis
1.6. Analyst Recommendation & Conclusion
CHAPTER 2. GLOBAL SURGICAL SNARE MARKET DEFINITION AND RESEARCH ASSUMPTIONS
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
CHAPTER 3. GLOBAL SURGICAL SNARE MARKET DYNAMICS
3.1. Market Drivers
3.1.1. Rising Adoption of Minimally Invasive Surgeries
3.1.2. Increasing Prevalence of Chronic Diseases
3.1.3. Technological Advancements in Endoscopy Tools
3.2. Market Challenges
3.2.1. High Costs of Advanced Surgical Devices
3.2.2. Stringent Regulatory Approvals
3.3. Market Opportunities
3.3.1. Growing Demand for Single-use Surgical Snares
3.3.2. Expansion of Ambulatory Surgical Centers (ASCs)
CHAPTER 4. GLOBAL SURGICAL SNARE MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Industry Expert Perspectives
4.6. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL SURGICAL SNARE MARKET SIZE & FORECASTS BY USABILITY, 2022-2032
5.1. Segment Dashboard
5.2. Global Surgical Snare Market: By Usability Revenue Trend Analysis, 2022 & 2032 (USD Million)
5.2.1. Single-use
5.2.2. Reusable
CHAPTER 6. GLOBAL SURGICAL SNARE MARKET SIZE & FORECASTS BY APPLICATION, 2022-2032
6.1. Segment Dashboard
6.2. Global Surgical Snare Market: By Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
6.2.1. GI Endoscope
6.2.2. Laparoscopy
6.2.3. Urology Endoscopy
6.2.4. Gynecology Endoscopy
6.2.5. Arthroscopy
6.2.6. Bronchoscopy
6.2.7. Mediastinoscopy
6.2.8. Laryngoscopy
6.2.9. Others
CHAPTER 7. GLOBAL SURGICAL SNARE MARKET SIZE & FORECASTS BY END-USE, 2022-2032
7.1. Segment Dashboard
7.2. Global Surgical Snare Market: By End-use Revenue Trend Analysis, 2022 & 2032 (USD Million)
7.2.1. Hospitals
7.2.2. Ambulatory Surgical Centers
CHAPTER 8. GLOBAL SURGICAL SNARE MARKET SIZE & FORECASTS BY REGION, 2022-2032
8.1. North America
8.1.1. U.S.
8.1.2. Canada
8.1.3. Mexico
8.2. Europe
8.2.1. UK
8.2.2. Germany
8.2.3. France
8.2.4. Italy
8.2.5. Spain
8.2.6. Sweden
8.2.7. Norway
8.2.8. Denmark
8.3. Asia Pacific
8.3.1. China
8.3.2. Japan
8.3.3. India
8.3.4. Australia
8.3.5. Thailand
8.3.6. South Korea
8.4. Latin America
8.4.1. Brazil
8.4.2. Argentina
8.5. Middle East & Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. South Africa
8.5.4. Kuwait
CHAPTER 9. COMPETITIVE INTELLIGENCE
9.1. Key Company SWOT Analysis
9.1.1. Medtronic
9.1.2. Boston Scientific Corporation
9.1.3. Olympus Corporation
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Medtronic
9.3.2. Boston Scientific Corporation
9.3.3. Medline Industries, Inc.
9.3.4. Olympus Corporation
9.3.5. Cook
9.3.6. CONMED Corporation
9.3.7. Steris (U.S.)
9.3.8. Merit Medical Systems
9.3.9. Avalign Technologies
9.3.10. Hill-Rom Holdings, Inc.
9.3.11. Sklar Surgical Instruments
CHAPTER 10. RESEARCH PROCESS
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
12. LIST OF TABLES
TABLE 1. Global Surgical Snare Market, Report Scope
TABLE 2. Global Surgical Snare Market Estimates & Forecasts by Region, 2022-2032 (USD Million)
TABLE 3. Global Surgical Snare Market Estimates & Forecasts by Usability, 2022-2032 (USD Million)
TABLE 4. Global Surgical Snare Market Estimates & Forecasts by Application, 2022-2032 (USD Million)
TABLE 5. Global Surgical Snare Market Estimates & Forecasts by End-use, 2022-2032 (USD Million)
This list is not complete; the final report contains more than 100 tables. The list may be updated in the final deliverable.
12. LIST OF FIGURES
FIG 1. Global Surgical Snare Market, Research Methodology
FIG 2. Global Surgical Snare Market, Market Estimation Techniques
FIG 3. Global Market Size Estimates & Forecast Methods
FIG 4. Global Surgical Snare Market, Key Trends 2023
FIG 5. Global Surgical Snare Market, Growth Prospects 2022-2032
...
This list is not complete; the final report contains more than 50 figures. The list may be updated in the final deliverable.
1.1. Global Surgical Snare Market Size & Forecast, 2022-2032
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Usability
1.3.2. By Application
1.3.3. By End-use
1.3.4. By Region
1.4. Key Trends
1.5. Recession Impact Analysis
1.6. Analyst Recommendation & Conclusion
CHAPTER 2. GLOBAL SURGICAL SNARE MARKET DEFINITION AND RESEARCH ASSUMPTIONS
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
CHAPTER 3. GLOBAL SURGICAL SNARE MARKET DYNAMICS
3.1. Market Drivers
3.1.1. Rising Adoption of Minimally Invasive Surgeries
3.1.2. Increasing Prevalence of Chronic Diseases
3.1.3. Technological Advancements in Endoscopy Tools
3.2. Market Challenges
3.2.1. High Costs of Advanced Surgical Devices
3.2.2. Stringent Regulatory Approvals
3.3. Market Opportunities
3.3.1. Growing Demand for Single-use Surgical Snares
3.3.2. Expansion of Ambulatory Surgical Centers (ASCs)
CHAPTER 4. GLOBAL SURGICAL SNARE MARKET INDUSTRY ANALYSIS
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Industry Expert Perspectives
4.6. Analyst Recommendation & Conclusion
CHAPTER 5. GLOBAL SURGICAL SNARE MARKET SIZE & FORECASTS BY USABILITY, 2022-2032
5.1. Segment Dashboard
5.2. Global Surgical Snare Market: By Usability Revenue Trend Analysis, 2022 & 2032 (USD Million)
5.2.1. Single-use
5.2.2. Reusable
CHAPTER 6. GLOBAL SURGICAL SNARE MARKET SIZE & FORECASTS BY APPLICATION, 2022-2032
6.1. Segment Dashboard
6.2. Global Surgical Snare Market: By Application Revenue Trend Analysis, 2022 & 2032 (USD Million)
6.2.1. GI Endoscope
6.2.2. Laparoscopy
6.2.3. Urology Endoscopy
6.2.4. Gynecology Endoscopy
6.2.5. Arthroscopy
6.2.6. Bronchoscopy
6.2.7. Mediastinoscopy
6.2.8. Laryngoscopy
6.2.9. Others
CHAPTER 7. GLOBAL SURGICAL SNARE MARKET SIZE & FORECASTS BY END-USE, 2022-2032
7.1. Segment Dashboard
7.2. Global Surgical Snare Market: By End-use Revenue Trend Analysis, 2022 & 2032 (USD Million)
7.2.1. Hospitals
7.2.2. Ambulatory Surgical Centers
CHAPTER 8. GLOBAL SURGICAL SNARE MARKET SIZE & FORECASTS BY REGION, 2022-2032
8.1. North America
8.1.1. U.S.
8.1.2. Canada
8.1.3. Mexico
8.2. Europe
8.2.1. UK
8.2.2. Germany
8.2.3. France
8.2.4. Italy
8.2.5. Spain
8.2.6. Sweden
8.2.7. Norway
8.2.8. Denmark
8.3. Asia Pacific
8.3.1. China
8.3.2. Japan
8.3.3. India
8.3.4. Australia
8.3.5. Thailand
8.3.6. South Korea
8.4. Latin America
8.4.1. Brazil
8.4.2. Argentina
8.5. Middle East & Africa
8.5.1. Saudi Arabia
8.5.2. UAE
8.5.3. South Africa
8.5.4. Kuwait
CHAPTER 9. COMPETITIVE INTELLIGENCE
9.1. Key Company SWOT Analysis
9.1.1. Medtronic
9.1.2. Boston Scientific Corporation
9.1.3. Olympus Corporation
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Medtronic
9.3.2. Boston Scientific Corporation
9.3.3. Medline Industries, Inc.
9.3.4. Olympus Corporation
9.3.5. Cook
9.3.6. CONMED Corporation
9.3.7. Steris (U.S.)
9.3.8. Merit Medical Systems
9.3.9. Avalign Technologies
9.3.10. Hill-Rom Holdings, Inc.
9.3.11. Sklar Surgical Instruments
CHAPTER 10. RESEARCH PROCESS
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
12. LIST OF TABLES
TABLE 1. Global Surgical Snare Market, Report Scope
TABLE 2. Global Surgical Snare Market Estimates & Forecasts by Region, 2022-2032 (USD Million)
TABLE 3. Global Surgical Snare Market Estimates & Forecasts by Usability, 2022-2032 (USD Million)
TABLE 4. Global Surgical Snare Market Estimates & Forecasts by Application, 2022-2032 (USD Million)
TABLE 5. Global Surgical Snare Market Estimates & Forecasts by End-use, 2022-2032 (USD Million)
This list is not complete; the final report contains more than 100 tables. The list may be updated in the final deliverable.
12. LIST OF FIGURES
FIG 1. Global Surgical Snare Market, Research Methodology
FIG 2. Global Surgical Snare Market, Market Estimation Techniques
FIG 3. Global Market Size Estimates & Forecast Methods
FIG 4. Global Surgical Snare Market, Key Trends 2023
FIG 5. Global Surgical Snare Market, Growth Prospects 2022-2032
...
This list is not complete; the final report contains more than 50 figures. The list may be updated in the final deliverable.
