Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!

What Long-Term Growth Rate is Expected for the Surgical Hooks Market Between 2025 and 2034?

The market for surgical hooks has witnessed swift expansion in recent periods. Projected growth suggests an increase from $0.86 billion in 2024 to $0.96 billion in 2025 with a compound annual growth rate (CAGR) of 11.3%. The surge during the historical period is due to factors such as increased obesity rates, a growing elderly population, an escalating demand for less invasive surgeries, a hike in healthcare spending, and the rising preference for outpatient procedures.

The market size for surgical hooks is predicted to undergo swift expansion in the coming years, reaching a value of $1.45 billion in 2029 with a compound annual growth rate (CAGR) of 11.0%. Factors contributing to this growth during the projected period include a surge in the requirement for surgeries, a rising occurrence of chronic illnesses, an uptick in minimally invasive surgical procedures, a heightened need for surgical hooks, and progress in robot-assisted surgery. Foreseen trends during this period involve progress in technology, the incorporation of intelligent systems, developments in the materials used for surgical hooks, growth in up-and-coming markets, and a focus on precision and ergonomics.

How Are the key drivers expanding the growth of the Surgical Hooks Market?

The surgical hooks market is expected to grow, driven by the rising number of minimally invasive surgical procedures. This increase can be attributed to advances in medical technology that have encouraged the creation of more advanced and accurate surgical tools. Surgical hooks play a critical role in minimally invasive surgeries as they allow for precise tissue handling and movement, thus ensuring accurate surgical operations through tiny incisions. For instance, the American Society of Plastic Surgeons, a U.S. surgery specialty organization, reported in June 2024 that the top most performed minimally invasive procedure in 2023 was Neuromodulator injections. The total number of neuromodulator injections surgeries performed in the United States in 2022 amounted to 8,694,000, which rose by 9% in 2023 to reach 9,480,949 surgeries. Thus, the escalating trend of minimally invasive surgeries is fuelling the expansion of the surgical hooks market.

Request Your Free Surgical Hooks Market Report Sample Now!

https://www.thebusinessresearchcompany.com/sample.aspx?id=17268&type=smp

What Are the Key Firms That Are Driving Transformation in the Surgical Hooks Market?

Major companies operating in the surgical hooks market are:

• Johnson & Johnson

• Medtronic plc

• Becton

• Dickinson and Company

• Medline Industries Inc.

What Current Trends in the Surgical Hooks Market Should Industry Players Pay Attention To?

Leading organizations in the surgical hooks market are channeling investments strategically to bolster their product offerings, broaden their manufacturing prowess, and ignite innovation. The tactical investing enables them to accommodate the increasing need for sophisticated surgical instruments and remain competitive. For example, in January 2024, Surgical Instruments Group Holdings Ltd., a UK-based firm specializing in medical device manufacturing, disclosed its intentions to set up a healthcare device manufacturing unit in Hyderabad, with an investment of Rs.231.5 crore ($27.7 million). During the first phase, Surgical Instruments Group Holdings will produce general surgical instruments, microsurgery precision instruments, orthopedic power tools, maxillofacial surgery dermatomes, ophthalmic instruments, and devices for minimally invasive surgery. In the second phase, the company’s expansion plans include stepping into the field of robotic medical devices.

Pre-order Your Report for Quick and Easy Delivery!

https://www.thebusinessresearchcompany.com/report/surgical-hooks-global-market-report

What Are the Core Categories and Segments in the Surgical Hooks Market Driving Demand and Growth?

The surgical hooks market covered in this report is segmented –

1) By Type: Titanium Alloy, Stainless Steel, Plastic

2) By Category: Reusable, Disposable

3) By Application: Hospital, Clinic, Other Applications

Subsegments:

1) By Titanium Alloy: Standard Titanium Alloy Surgical Hooks, Coated Titanium Alloy Hooks (Anti-Corrosive Coating), Custom-Shaped Titanium Alloy Hooks

2) By Stainless Steel: Surgical Stainless Steel Hooks, Corrosion-Resistant Stainless Steel Hooks, Disposable Stainless Steel Hooks

3) By Plastic: High-Strength Plastic Surgical Hooks, Disposable Plastic Hooks, Biodegradable Plastic Hooks

What Regions Are Driving Expansion in the Surgical Hooks Market?

North America was the largest region in the surgical hooks market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surgical hooks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

How Is the Surgical Hooks Market Categorized and Defined in the Industry?

Surgical hooks are specialized medical instruments used in surgical procedures to manipulate tissues, organs, or structures within the body. They typically feature a curved or straight shaft with a sharp or blunt hook at the end. Surgical hooks are designed to be precise, allowing surgeons to perform delicate maneuvers accurately while minimizing tissue trauma.

Browse Through More Similar Reports By The Business Research Company:

Surgical Power Tools Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/surgical-power-tools-global-market-report

Surgical Navigation Systems Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/surgical-navigation-systems-global-market-report

Surgical Retractors Global Market Report 2024

https://www.thebusinessresearchcompany.com/report/surgical-retractors-global-market-report

About The Business Research Company:

With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.

Contact us at:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 3156230293

Asia +44 2071930708

Europe +44 2071930708

Email us at [email protected]

Follow us on:

LinkedIn: https://in.linkedin.com/company/the-business-research-company

YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Found this article helpful? Share it on: