Global Surgical Equipment Market Report and Forecast 2025-2034

Global Surgical Equipment Market Outlook

The global surgical equipment market value in 2024 was USD 25.80 billion, driven by the increasing demand for minimally invasive surgeries across the globe. The market size is anticipated to grow at a CAGR of 7.5% during the forecast period of 2025-2034 to achieve a value of USD 49.46 billion by 2034.

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Advancements in Minimally-Invasive Procedures to Augment the Growth of Surgical Equipment Industry

The market growth of surgical equipment is steadily expanding, owing to a rising preference for minimally invasive operations. In addition, the increased frequency of chronic illnesses and accident cases has boosted the market expansion. The advancements in minimally invasive procedures seen in the last few years are evidence of significant surgical equipment advancements that have contributed to the market growth in the historical period. Surgeons have been able to harness their expertise to deliver increased precision in complex procedures, thanks to research and development activities over the previous few years.

North America to Hold the Major Portion of the Market for Surgical Equipment

Geographically, North America led the overall surgical equipment industry. The introduction of new technology, growing elderly population, favourable regulatory environment, and high discretionary income of consumers were the primary drivers of growth in North America. Meanwhile, the Asia Pacific market is expected to grow at a rapid pace over the forecast period. This healthy growth within the region could be attributed to the rising unmet healthcare demands, improved healthcare infrastructure in the region, and an increase in the incidence of chronic diseases requiring surgical treatments.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Surgical Equipment: Market Segmentation

Surgical equipment refers to a surgical instrument required during a surgery or operation. It is a specially constructed tool or device designed for performing specified actions or achieving desired outcomes, such as changing biological tissue or providing access to examine it.

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The classification of the market on the basis of product are:

• Surgical Sutures and Staplers 
  • Surgical Sutures
  • Surgical Staplers
• Handheld Surgical Equipment 
  • Forceps and Spatulas
  • Retractors
  • Dilators
  • Graspers
  • Auxiliary Instruments
    • Clamps 
    • Cannulas 
  • Cutter Instruments
    • Trocars 
    • Lancets 
    • Scissors 
  • Ligating Clips 
  • Others
• Electrosurgical Devices 
• Others

By category, the market is divided into:

• Reusable Surgical Equipment 
• Disposable Surgical Equipment 

Market can be classified on the basis of its application as:

• Neurosurgery 
• Plastic and Reconstructive Surgeries
• Wound Closure 
• Urology 
• Obstetrics and Gynecology 
• Thoracic Surgery 
• Microvascular
• Cardiovascular Surgery 
• Orthopaedic Surgery 
• Laparoscopy 
• Ophthalmic application 
• Veterinary application 
• Dental application 
• Others

The EMR report looks into the regional markets of surgical equipment like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Rise in Surgeries to Boost the Market Expansion of Surgical Equipment

The surgical equipment industry is being aided by the rising cases of surgeries. Surgeries, especially general surgery, which includes the oesophagus, appendix, stomach, large intestine, small intestine, liver, gallbladder, pancreas, and bile ducts, has exhibited high growth in recent years. Further, the rising prevalence of chronic diseases around the world has been a major driver of the market growth. In addition, an increase in the number of cases of thyroid issues around the world has fueled the demand for sophisticated surgical equipment that allows for more precise treatment. This is expected to have a positive effect on the surgical equipment industry.

Key Industry Players in the Global Surgical Equipment Market

The report presents a detailed analysis of the following key players in the global surgical equipment market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

• B. Braun Melsungen AG 
• CONMED Corporation 
• Cadence Inc. 
• Olympus Corporation 
• Stryker Corporation 
• Medtronic plc
• Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report