The US surgical procedures market is projected to reach 1,27,748.5 thousand procedures by 2028 from 1,08,275.5 thousand procedures in 2023, at a CAGR of 3.4% during the forecast period. The growth of this market is mainly attributed to the growth in geriatric population, increasing prevalence of cancer, rise in chronic diseases, and technological advancements in surgical procedures. However, a shortage of surgeons in the US and complications associated with the surgical procedures pose a challenge to the market growth. In this report, the US surgical procedures market is segmented based on type and channel.
Based on type, the US surgical procedures market is segmented into dental, cardiovascular, cosmetic, gastrointestinal, orthopedic, ophthalmic, urologic, obstetric/gynecologic, ENT and other surgical procedures.
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In 2022, the dental surgical procedures segment accounted for the largest share of this market. The share of this segment can be attributed to the increasing prevalence of oral diseases, increasing awareness of oral care, and rising aging population and the associated teeth loss. Moreover, the prevalence of dental implants has increased sevenfold among adults 65 and older, this has contributed to an increase in demand for dental implant surgeries.
Based on channel, the US surgical procedures market is segmented into physician offices, hospitals, and ambulatory surgery centers. The hospitals segment is further bifurcated into inpatient and outpatient surgeries. The physician offices segment accounted for the largest share of 49.3% in 2022, followed by hospitals and ambulatory surgery centers.
Surgical Procedures Market By Type (Gastrointestinal, Cardiovascular, Dental, Cosmetic, Urologic, Ophthalmic, Orthopedic, ENT, Nervous System, Obstetric/Gynecologic), Channel (Physician Offices, Hospitals, ASCs) - US Forecast to 2028
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