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Surgical procedures volume market to expand at 6% CAGR through 2028: Fact.MR predicts

© Olga Guryanova

The market for surgical procedures volume is projected to expand at a CAGR of 6% from 2021 to 2028. As per this new analysis by Fact.MR, market research and competitive intelligence provider, surgical procedures volume market revenue stood at US$ 1.7 Bn in 2020, and is estimated to reach US$ 2.6 Bn by 2028.  

As the prevalence of chronic diseases increases so does demand for better healthcare services, which subsequently drives surgical procedures volume market potential. Surgical procedures are crucial to the treatment of several health conditions, and hence, have been an integral part of the healthcare infrastructure around the world. 

Recent years have seen a rise in surgical procedures performed, and this has led to substantial investments in the development of surgical technologies. Due to the aforementioned factor, there is a rise in the popularity of reconstructive surgeries, robotic-assisted surgeries, navigation surgeries, and minimally invasive surgeries. 

Increasing geriatric population and rising medical tourism are expected to prominently guide surgical procedures volume market growth through 2028. Key surgical procedures volume market players are focusing on advancing their offerings and are trying to offer more advanced surgeries for patients to increase their revenue generation potential.

To understand how the report can bring difference business strategies, a sample can be requested for extensive insights into the Surgical Procedures Volume Demand at: 

  • In April 2022, NU Hospitals in Bangalore, India, announced the introduction of the Versius Robotic Surgical System, which will provide patients with better quality of surgery as this system is designed to help surgeons perform complex surgeries with minimal access, thus increasing the overall quality of healthcare. 

Key Takeaways from Market Study

  • The surgical procedures volume market stood at a value of US$ 1.7 Bn in 2020. 
  • The surgical procedures volume industry is predicted to expand at a CAGR of 6% from 2021 to 2028. 
  • By 2028, the market is anticipated to be valued at US$ 2.6 Bn.
  • Increasing geriatric population, rising focus on healthcare, growing advancements in surgical technologies, and increasing hospitalizations are major factors influencing surgical procedures volume market growth.
  • Increasing medical tourism and rising number of surgeries are expected to prominently drive demand in the Asian region. 
  • The North America surgical procedures volume market is anticipated to rise at the fastest CAGR through 2028.
  • This can be attributed to the rising focus on healthcare in these regions, increasing incidence of cardiovascular disorders, rising popularity of advanced surgeries, and increasing preference for minimally-invasive surgeries.

Rising aging population and increasing need for hospitalizations will increase the number of surgical procedures performed across the world,” says a Fact.MR analyst

Discover more about the Cardiovascular Procedure Volume Demand with 38 figures and 116 data tables, along with its table of contents.

Winning Strategy

Market players are focused on expanding their business scope by adopting various organic and inorganic growth strategies. Increasing research and development activities to propel innovation of novel surgical procedures and technologies is also an area of interest for many market players. 

Surgical procedure equipment providers are also expected to eye markets with underdeveloped healthcare infrastructure to explore untapped market potential and strengthen their global market presence.  

Increasing demand for non-invasive procedures and minimally invasive surgeries is also expected to increase shipments of surgical equipment in the nation.

Get Customization on this Neurosurgery Procedure Volume Market for Specific Research Solutions 

Key Segments Covered in Surgical Procedures Volume Industry Research

  • Surgical Procedures Volume Market by Procedure Type:
    • Cardiovascular Procedures
      • Cardiac Rhythm Management Device Implantations
        • Cardiac Pacemaker Procedures
        • Implantable Cardioverter Defibrillators
      • Interventional Cardiology Procedures
        • Cardiac Catheterization
        • Coronary Revascularization
        • Coronary Angiography
      • Heart Transplantations
    • Neurosurgery Procedures
      • Craniotomy
      • Aneurysm Coil Embolization
      • CSF Drainage
      • CSF Shunt
    • Orthopedic Procedures
      • Joint Replacement Surgeries
        • Knee Replacement
        • Hip Replacement
        • Shoulder Replacement
      • Ligament/Tendon Repair
      • Spine Surgery Market
        • Spinal Fusion
        • Others
    • Ophthalmic Procedures
      • Cataract Surgeries
      • Glaucoma Surgeries
      • Refractive Surgeries
    • Gynecology Procedures
      • Hysterectomy
        • Laparoscopic Hysterectomy
      • Uterine Artery Embolization
      • Cesarean Section
    • Other Procedures
      • Urology Procedures
      • Dental Procedures
  • Surgical Procedures Volume Market by Region:
    • North America Surgical Procedures Volume Market
    • Latin America Surgical Procedures Volume Market
    • Europe Surgical Procedures Volume Market
    • East Asia Surgical Procedures Volume Market
    • South Asia & Oceania Surgical Procedures Volume Market
    • MEA Surgical Procedures Volume Market

To learn more about Interventional Cardiology Procedure Volume Market, you can get in touch with our Analyst. 

More Valuable Insights on Offer

Fact.MR, in its new offering, presents an unbiased analysis of the global surgical procedures volume market, presenting historical demand data (2017-2020) and forecast statistics for the period of 2021-2028.

The study divulges essential insights into the market on the basis of procedure type (cardiovascular procedures, neurosurgery procedures, orthopedic procedures, ophthalmic procedures, gynecology procedures, other procedures) across six major regions (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

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Fact.MR’s Domain Knowledge in Healthcare

Our healthcare consulting team guides organizations at each step of their business strategy by helping you understand how the latest influencers account for operational and strategic transformation in the healthcare sector. Our expertise in recognizing the challenges and trends impacting the global healthcare industry provides indispensable insights and support – encasing a strategic perspective that helps you identify critical issues and devise appropriate solutions.


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