The medical technology world, often known as Medtech, is inundated with several companies focused on developing, manufacturing, and distributing devices, technologies, equipment, health information systems, and diagnostic tests. These offerings have helped transform healthcare via less-invasive procedures, more effective treatments, as well as earlier disease detection.
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Life-changing, cutting-edge medical technologies and devices allow people to live healthier, more productive, and longer lives. The research and development activities focused on these technologies have made the U.S. the frontrunner in terms of medical advancements. From radiation therapies to prosthetics, Medtech benefits both patients as well as health caregivers. New medical devices and technologies enhance life quality, bring down the total time spent in hospitals and help manage life-threatening conditions/diseases.
Medical Devices – Recent Statistics
- The U.S. exports of medical devices have outdone imports in recent years, including a trade surplus of more than USD 1.5 billion in 2019.
- The U.S. is the top market for medical devices worldwide, comprising more than 45% of the total Medtech industry.
- Since 1980, a rise of 67% in the number of patients spending time in hospitals has been noted, owing to the rapid use of innovative medical devices and technologies.
- Cutting-edge medical devices, as well as diagnostics, let people live healthier, independent, and longer lives. Between 1980 and 2019, 7 years have been added to the life expectancy of people in the US, thanks to the developments in medical technology and devices.
Medical Devices Industry
The escalating cases of chronic diseases coupled with the expanding geriatric population worldwide have all bolstered the need for highly advanced medical devices. The onset of various types of diseases is highly prevalent between the ages of 45 and 54. Moreover, there has been a sharp increase in the preference for minimally invasive surgeries, which has subsequently bolstered the use of medical devices. Minimally invasive surgeries involve shorter hospital stays, smaller incisions, lesser pain & wounds, reduced risk of complications, and rapid wound healing. They also help curb healthcare costs.
Other factors responsible for the strong demand for a variety of medical devices include the surging prevalence of lifestyle-related health conditions, sports injuries, and accidents. Soaring demand for efficient emergency care as well as the accelerated use of mobile surgery centers is also bolstering the demand for various medical devices.
This Brings Us to Surgical Snares
Surgical snares can be described as medical instruments that help in the removal of growths from the tissue surfaces, mostly when these growths are beneath the body cavity. The growths typically addressed by surgical snares are tumors, lymphoid tissue (tonsils), as well as polyps.
Surgical snares come in various designs, which allow specialty and general surgeons to access and remove growths in the tissues that are generally tough to reach. However, every surgical snare is developed with some basic elements like a cannula (thin tube), a handle, a wire loop present on the cannula’s tip, along with a mechanism to tighten the wire. The loop is around the tissue at the stalk or bottom of the growth and the handle’s mechanism is used for slowly tightening it. The simple yet effective and advanced design of snares allows the surgeons to easily remove the problem-causing tissues, such as tonsils, or determine whether they are cancerous.
What are the Types of Surgical Snares?
The commonly used surgical snares include
Tonsils
These types of snares are commonly utilized during the tonsillectomy procedure. It comes with a right-angle cannula as well as a straight tip, owing to which the surgeon can easily view the tissue inside the oral cavity
Nasal
Nasal snares have an angled, very thin cannula that allows the surgeon to access polyps or lesions within the nasal cavity
Ear Snares
These give access to the surgeon into the curved ear canal with almost no obstruction of the view for the polyps or lesions.
What are the Key Types of Surgical Snares?
- Single-use surgical snares record a colossal demand among surgeons, as these manage a variety of polyps like lesions on the colon’s right side, flat or large lesions, and legions on a colonic fold. Some of the major features of single-use surgical snares are braided wire, smaller loop options, hot/cold indication, and others.
- On the other hand, the adoption rate of reusable surgical snares has been surging at a rapid pace, given their cost-effectiveness. Reusable surgical snares are traditional devices used extensively during endoscopy procedures and are significantly adopted in various medical settings of emerging nations since they help bring down the cost of endoscopy procedures.
What are the Applications of Surgical Snares?
- Laparoscopy is one of the most significant applications of surgical snares. The product use in this application ensures lower surgical risk, faster patient recovery, and less pain. Mounting number of major initiatives being taken by private firms to train surgeons and reduce postoperative complications enhance the use of snares in laparoscopy procedures.
- The arthroscopy segment in the surgical snare market is soaring at the fastest rate. The rise in arthroscopic procedures worldwide is the result of expanding elderly population that is highly prone to several disorders, including arthritis. The increase in the cases of joint injuries like shoulder and knee injuries also elevates the number of procedures. This rise in the number of arthroscopy procedures is bound to create a massive demand for surgical snares in the long run. The Arthritis Foundation reveals that the number of patients with arthritis will be more than 81 million by 2040, which will augment the need for arthroscopies, ultimately fostering the use of surgical snares.
- GI endoscope, however, is the top application of surgical snares. The accelerated number of gastroscopies, the surging use of endoscopes for the treatment and diagnosis of gastrointestinal diseases, and the availability of innovative devices for gastroscopy elevate the use of snares in gastroscopy.
Surgical Snare Market Status Quo
The huge burden of cancer worldwide should contribute immensely to the growth of the surgical snares market. The World Health Organization reports that in 2012, the global cancer incidence came to about 15.5 million, which will surge to 25 million by 2035. Lung cancer, colorectal cancer, and breast cancer are some of the common types of cancer affecting a large portion of the worldwide population. This will be highly favorable for the surgical snares industry in subsequent years.
Technological innovations in minimally invasive surgeries will further enhance the need for endoscopy procedures, in turn, elevating the adoption of surgical snares.
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