Global Surgical Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Surgical Sutures & Staplers and Handheld Surgical Devices [Forceps and Spatulas, Retractors, Dilators, Graspers, Auxiliary Instruments, Cutter Instruments, and Others]

By Type;

Reusable and Disposable

By Application;

Neurosurgery, Plastic and Reconstructive Surgery, Wound Closure, Obstetrics and Gynecology, Cardiovascular, Orthopedic, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn148997418 Published Date: May, 2025 Updated Date: June, 2025

Surgical Equipment Market Overview

Surgical Equipment Market (USD Million)

Surgical Equipment Market was valued at USD 17,670.14 million in the year 2024. The size of this market is expected to increase to USD 30,638.59 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.2%.


Global Surgical Equipment Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 8.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.2 %
Market Size (2024)USD 17,670.14 Million
Market Size (2031)USD 30,638.59 Million
Market ConcentrationMedium
Report Pages350
17,670.14
2024
30,638.59
2031

Major Players

  • B. Braun Melsungen Ag
  • Smith & Nephew plc
  • Zimmer Biomet Holdings Inc
  • Stryker Corporation
  • Alcon Laboratories, Inc
  • Aspen Surgical Products, Inc
  • Medtronic Inc
  • Ethicon Inc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Surgical Equipment Market

Fragmented - Highly competitive market without dominant players


The surgical equipment market is gaining momentum due to the rising volume of surgical procedures and a clear shift toward minimally invasive techniques. Surgeons are increasingly relying on advanced tools that enhance accuracy, control, and patient safety. Presently, more than 65% of surgeries involve the use of powered or technologically advanced instruments, reflecting a widespread transition toward improved surgical outcomes.

Technology Advancements Shaping the Market
Innovations in robotics, energy-based devices, and user-centric designs are driving the rapid evolution of surgical tools. Roughly 40% of recent product launches focus on improving surgeon experience and integrated system compatibility. These enhancements are expanding the scope of procedures that can be performed with greater confidence and fewer complications, pushing the boundaries of surgical possibilities.

Sustainability and Reusability Gaining Ground
Hospitals are increasingly opting for reusable surgical instruments to balance infection control with cost efficiency. Currently, around 55% of healthcare facilities emphasize durable instruments that can endure repeated sterilization without compromising performance. This growing focus on eco-friendly solutions is prompting manufacturers to engineer devices that meet both clinical and regulatory demands.

Infrastructure Upgrades Boosting Equipment Demand
Healthcare providers are prioritizing investments in state-of-the-art operating rooms equipped with high-performance tools. Nearly 50% of surgical facility upgrades now focus on acquiring cutting-edge surgical equipment. These investments are not only elevating surgical standards but also driving demand for innovative and efficient devices that support seamless clinical operations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Surgical Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increase in post-surgical infection risk

        2. Advancement in SSI control technologies

        3. Higher investment in hospital hygiene

      2. Restraints
        1. Expensive infection control systems

        2. Doubts over product reliability

        3. Delays in equipment availability

      3. Opportunities
        1. Emerging Markets Expansion
        2. Focus on Minimally Invasive Surgery
        3. Strategic Collaborations and Partnerships
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Surgical Equipment Market, By Product, 2021 - 2031 (USD Million)
      1. Surgical sutures and staplers
      2. Handheld surgical devices
        1. Forceps and spatulas
        2. Retractors
        3. Dilators
        4. Graspers
        5. Auxiliary Instruments
        6. Cutter Instruments
        7. Others
      3. Electrosurgical Devices
    2. Surgical Equipment Market, By Type, 2021 - 2031 (USD Million)
      1. Reusable
      2. Disposable
    3. Surgical Equipment Market, By Application, 2021 - 2031 (USD Million)
      1. Neurosurgery
      2. Plastic and Reconstructive Surgery
      3. Wound Closure
      4. Obstetrics and Gynecology
      5. Cardiovascular
      6. Orthopedic
      7. Others
    4. Surgical Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. B. Braun Melsungen Ag
      2. Smith & Nephew plc
      3. Zimmer Biomet Holdings Inc
      4. Stryker Corporation
      5. Alcon Laboratories, Inc
      6. Aspen Surgical Products, Inc
      7. Medtronic Inc
      8. Ethicon Inc
  7. Analyst Views
  8. Future Outlook of the Market