Surgical Snares Market Size

Surgical Snares Market Size

Surgical Snares Market size was valued at around USD 1.1 billion in 2022 and is projected to register over 6.9% CAGR between 2023 and 2032. The increasing prevalence of chronic conditions including gastrointestinal disorders and colorectal cancer are expected to spearhead the business growth.

Factors such as the rising prevalence of chronic kidney diseases, the growing aging population affected by chronic conditions, and increased patient awareness are also contributing to the market's growth. Also, the increasing number of ambulatory surgery centers that provide polypectomy procedures and the growing preference for minimally invasive surgeries is contributing to the surgical snares market expansion.
 

Surgical snares are medical devices used in endoscopic procedures to remove abnormal tissue or foreign objects from the body. They are thin, flexible wires with a loop at one end that can be used to grasp and remove tissue or objects from the gastrointestinal tract, bladder, or other body cavities. Surgical snares are commonly used in a variety of endoscopic procedures, including colonoscopies, esophagogastroduodenoscopies (EGDs), and bronchoscopies. They are often preferred over traditional surgical techniques because they are minimally invasive in nature.
 

However, the clinical complications associated with the use of snares might negatively impact the surgical snares market growth in the coming years. Surgical snares are used in hot snare polypectomy (HSP) that has been the conventional approach for polypectomy. Although there are several risk factors associated with post-procedural bleeding, perforation, and post-polypectomy syndrome.