Market Forecast By Product (Surgical Sutures and Staples, Handheld Surgical equipment, Electrosurgical Devices), By Category (Reusable Surgical Equipment, Disposable Surgical Equipment), By Application (Neurosurgery, Plastic and Reconstructive Surgeries, Wound Closure, Urology, Obstetrics and Gynecology, Microvascular Surgery, Cardiovascular Surgery, Others) And Competitive Landscape
Product Code: ETC019565 | Publication Date: Jun 2023 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | Iraq Surgical Equipment and Instruments Market |
Forecast period | 2025-2031 |
CAGR | 7.8% |
Growing Sector | Reusable Surgical Equipment |
Iraq Surgical Equipment and Instruments Market report thoroughly covers the market by Product, Category, Application, and Regions. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Iraq Surgical Equipment and Instruments Market is experiencing steady growth as healthcare infrastructure improves and surgical procedures become more advanced.
According to 6Wresearch, the Iraq Surgical Equipment and Instruments Market is expected to grow at a CAGR of 7.8% from 2025-2031. The demand for reusable surgical equipment is projected to drive the market, with hospitals focusing on cost-effective and sustainable solutions. Additionally, advancements in surgical technologies and an increase in healthcare spending are fueling market expansion. The rise in chronic diseases and aging population are contributing to the growing number of surgical procedures, further enhancing the demand for surgical instruments.
However, challenges such as the lack of skilled professionals and inadequate healthcare infrastructure in certain regions of Iraq may impede the market's growth. Moreover, the higher cost of advanced surgical equipment poses a challenge for smaller healthcare facilities, limiting their access to cutting-edge technologies.
Prominent players in the Iraq Surgical Equipment and Instruments Market include Medtronic, Stryker Corporation, and Johnson & Johnson. Medtronic offers a wide range of handheld surgical instruments and electrosurgical devices, known for their precision and reliability. Stryker Corporation focuses on reusable surgical equipment, emphasizing sustainability and cost-effectiveness in their product lines. Johnson & Johnson is recognized for its innovative sutures and staples, which enhance wound closure and healing in various surgeries.
The Iraqi government has been making strides to improve healthcare services through multiple initiatives. These efforts include increased funding for healthcare infrastructure, development of specialized medical centers, and procurement of advanced surgical equipment to improve patient outcomes. Additionally, the government is partnering with international healthcare organizations to train medical professionals and ensure the availability of modern surgical tools across Iraq. Furthermore, the focus on promoting local manufacturing of surgical instruments is expected to reduce dependency on imports and support the growth of the domestic market.
The Iraq Surgical Equipment and Instruments Market is anticipated to witness steady growth over the next five years. Growth will be driven by the adoption of innovative surgical tools, including handheld and electrosurgical devices, which enhance precision and reduce recovery time. The growing preference for reusable surgical instruments is expected to drive demand, as healthcare providers prioritize sustainability and cost-efficiency. Moreover, as the healthcare sector expands, the demand for specialized equipment in neurosurgery, plastic surgery, and cardiovascular procedures is expected to rise. In short, the market is poised for steady expansion due to advancements in surgical techniques and an increasing focus on sustainable practices.
According to Ravi Bhandari, Research Head, 6Wresearch, handheld surgical equipment leads the market due to their essential role in a variety of surgical procedures.
Reusable surgical equipment is gaining significant traction as hospitals focus on sustainability and reducing operational costs.
Cardiovascular surgery holds the largest share in the market as advancements in surgical techniques drive demand for precision instruments and electrosurgical tools.
The report provides a detailed analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Iraq Surgical Equipment and Instruments Market Overview |
3.1 Iraq Country Macro Economic Indicators |
3.2 Iraq Surgical Equipment and Instruments Market Revenues & Volume, 2021 & 2031F |
3.3 Iraq Surgical Equipment and Instruments Market - Industry Life Cycle |
3.4 Iraq Surgical Equipment and Instruments Market - Porter's Five Forces |
3.5 Iraq Surgical Equipment and Instruments Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Iraq Surgical Equipment and Instruments Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Iraq Surgical Equipment and Instruments Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Iraq Surgical Equipment and Instruments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Iraq Surgical Equipment and Instruments Market Trends |
6 Iraq Surgical Equipment and Instruments Market, By Types |
6.1 Iraq Surgical Equipment and Instruments Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Iraq Surgical Equipment and Instruments Market Revenues & Volume, By Product, 2021 - 2031F |
6.1.3 Iraq Surgical Equipment and Instruments Market Revenues & Volume, By Surgical Sutures and Staples, 2021 - 2031F |
6.1.4 Iraq Surgical Equipment and Instruments Market Revenues & Volume, By Handheld Surgical equipment, 2021 - 2031F |
6.1.5 Iraq Surgical Equipment and Instruments Market Revenues & Volume, By Electrosurgical Devices, 2021 - 2031F |
6.2 Iraq Surgical Equipment and Instruments Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Iraq Surgical Equipment and Instruments Market Revenues & Volume, By Reusable Surgical Equipment, 2021 - 2031F |
6.2.3 Iraq Surgical Equipment and Instruments Market Revenues & Volume, By Disposable Surgical Equipment, 2021 - 2031F |
6.3 Iraq Surgical Equipment and Instruments Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Iraq Surgical Equipment and Instruments Market Revenues & Volume, By Neurosurgery, 2021 - 2031F |
6.3.3 Iraq Surgical Equipment and Instruments Market Revenues & Volume, By Plastic and Reconstructive Surgeries, 2021 - 2031F |
6.3.4 Iraq Surgical Equipment and Instruments Market Revenues & Volume, By Wound Closure, 2021 - 2031F |
6.3.5 Iraq Surgical Equipment and Instruments Market Revenues & Volume, By Urology, 2021 - 2031F |
6.3.6 Iraq Surgical Equipment and Instruments Market Revenues & Volume, By Obstetrics and Gynecology, 2021 - 2031F |
6.3.7 Iraq Surgical Equipment and Instruments Market Revenues & Volume, By Microvascular Surgery, 2021 - 2031F |
6.3.8 Iraq Surgical Equipment and Instruments Market Revenues & Volume, By Others, 2021 - 2031F |
6.3.9 Iraq Surgical Equipment and Instruments Market Revenues & Volume, By Others, 2021 - 2031F |
7 Iraq Surgical Equipment and Instruments Market Import-Export Trade Statistics |
7.1 Iraq Surgical Equipment and Instruments Market Export to Major Countries |
7.2 Iraq Surgical Equipment and Instruments Market Imports from Major Countries |
8 Iraq Surgical Equipment and Instruments Market Key Performance Indicators |
9 Iraq Surgical Equipment and Instruments Market - Opportunity Assessment |
9.1 Iraq Surgical Equipment and Instruments Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Iraq Surgical Equipment and Instruments Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Iraq Surgical Equipment and Instruments Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Iraq Surgical Equipment and Instruments Market - Competitive Landscape |
10.1 Iraq Surgical Equipment and Instruments Market Revenue Share, By Companies, 2024 |
10.2 Iraq Surgical Equipment and Instruments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |