How Will the Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market Grow? Key Trends and Opportunities for 2025 and Beyond
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How Will the Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market Grow Over the Forecast Period Based on Its Expected CAGR?
Over the recent years, the market size for surgical devices in hepato-pancreatico-biliary (HPB) surgeries has experienced significant growth. It is predicted to increase from $5.25 billion in 2024 to $5.66 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.9%. This growth during the historic period was a result of various factors such as an ageing population, development of healthcare infrastructure worldwide, an increase in the number of minimally invasive surgeries, regulatory approval and standardization, and a growing demand for ambulatory surgical centers.
The market for surgical devices involved in hepato-pancreatico-biliary (HPB) surgeries is predicted to witness robust growth in the coming years, estimated to burgeon to $7.26 billion in 2029 with a compound annual growth rate (CAGR) of 6.4%. This growth during the forecasted period can be accredited to the rising number of liver and pancreas-related diseases, increasing cases of gallbladder issues among younger adults, the growth of medical tourism, a growing focus on healthy eating, and rising instances of HPB disorders. The key trends of the forecast period encompass remote surgical platforms, nanotechnology’s application in surgical devices, personalized implants, intelligent surgical tools, and the integration of augmented reality (AR) in surgical planning.
What Factors Are Propelling the Growth of the hepato-pancreatico-biliary (hpb) surgeries surgical devices Market from 2025 to 2034?
The hepatic-pancreatic-biliary (HPB) surgical device market is predicted to flourish due to the increase in medical tourism. This term refers to individuals journeying to other regions or countries to obtain medical or healthcare services, including procedures. HPB surgical devices allow people from other nations to receive specialised and high-quality surgeries for ailments in the liver, pancreas, and bile ducts. Often, these surgeries prove to be more cost-effective and incorporate more sophisticated technology, leading to reduced waiting periods compared to the patients’ native countries. For example, in December 2023, as per the Centers for Medicare and Medicaid Services (CMS), a US-based governmental agency, health care expenditure in the U.S. rose by 4.1% in 2023, marking a significant increase from 3.2% in 2021, reaching $4.5 trillion in 2022. Moreover, hospital care services expenditure expanded by 2.2% in 2022, amounting to $1.4 trillion. Consequently, the rise in medical tourism is spurring the growth of the hepatic-pancreatic-biliary (HPB) surgery and surgical devices market.
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Who Are the Dominant Players Expanding Their Reach in the Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market?
Major companies operating in the hepato-pancreatico-biliary (HPB) surgeries surgical devices market report are:
• Cardinal Health Inc._x000D_
• Johnson & Johnson Services Ltd._x000D_
• General Electric Company_x000D_
• 3M Company_x000D_
• Medtronic Plc_x000D_
What Are the Top Trends Shaping the Evolution of the Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market?
Leading businesses in the hepato-pancreatic-biliary (HPB) surgery surgical devices sector are creating original technology-enhanced products, for instance, robotic-assisted surgical staplers, to strengthen their position in the market. This device, designed to assist in several surgical procedures, is particularly favored by gastrointestinal surgeons, surgical oncologists, bariatric surgeons, and HPB (Hepato-Pancreatic-Biliary). To highlight an example, Olympus Corporation, an optics and reprography goods producer based in Japan, introduced VISERA ELITE III, its latest surgical visualization platform, in September 2022. This system boasts multiple imaging functions, such as ultra-high-definition 4K resolution and fluorescence imaging, which precisely facilitate dissection of liver and pancreatic tissues during laparoscopic processes like laparoscopic cholecystectomy and liver resections. This pioneering attribute enhances visualization, thereby increasing the safety and efficiency of HPB surgeries.
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What Are the Main Segments of the Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market, and How Are They Evolving?
The hepato-pancreatico-biliary (HPB) surgeries surgical devices market covered in this report is segmented –
1) By Product: Electrosurgery Instruments, Endoscope, Hand Instruments, Access Instruments, Stents, Energy/Vessel Sealing Devices, Visualization and Robotic Surgical System, Surgical Suture and Stapler Devices, Fluid Management System
2) By Indication: Liver Cancer, Pancreatic Cancer, Gall Stones, Bile Duct Cancer, Cirrhosis, Pancreatitis, Cholecystitis
3) By End User: Hospitals, Specialty Clinics, Trauma Centers, Ambulatory Surgical Centers
Subsegments:
1) By Electrosurgery Instruments: Electrosurgical Generators, Monopolar And Bipolar Electrosurgical Devices, Electrosurgical Pencils And Accessories
2) By Endoscope: Rigid Endoscopes, Flexible Endoscopes, Laparoscopes, Video Endoscopes
3) By Hand Instruments: Scissors, Forceps, Graspers, Scalpels
4) By Access Instruments: Trocar And Cannula Systems, Access Ports, Balloon Dilators
5) By Stents: Biliary Stents, Pancreatic Stents, Drug-Eluting Stents
6) By Energy Or Vessel Sealing Devices: Ultrasonic Energy Devices, Radiofrequency Ablation Devices, Hemostatic Devices
7) By Visualization And Robotic Surgical System: Robotic Surgical Systems, High-Definition Visualization Systems, Surgical Cameras
8) By Surgical Suture And Stapler Devices: Absorbable And Non-Absorbable Sutures, Manual And Automated Staplers, Linear Staplers
9) By Fluid Management System: Fluid Warming Systems, Fluid Suction Systems, Drainage Systems
Which Regions Are Setting the Pace for Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market Growth?
North America was the largest region in the hepatic-pancreatic-biliary (HPB) surgical device market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hepato-pancreatico-biliary (HPB) surgeries surgical devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
How Is the Hepato-Pancreatico-Biliary (HPB) Surgeries Surgical Devices Market Defined Across Different Regions?
Hepato-Pancreatico-Biliary (HPB) surgeries surgical devices are instruments designed for cutting, dissecting, grasping, and suturing tissues in surgical procedures involving the liver (hepato-), pancreas (pancreatic-), and bile ducts (biliary). This device is used to perform complex procedures on these delicate organs.
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