Surgical Equipment Market Overview

The size of the surgical equipment market was estimated at USD 14.16 billion in 2024, and it is anticipated that overall surgical equipment revenue will increase at a compound annual growth rate (CAGR) of 8.6% between 2025 and 2032, reaching almost USD 27.40 billion.

Surgical Equipment Market Scope and Methodology:

The Surgical Equipment market research provides comprehensive information on significant aspects, including those that are expected to drive the industry's growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Surgical Equipment market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Surgical Equipment Market is included in the scope of the MMR report.

The report offers a number of new requirements, each with a thorough justification. The Surgical Equipment Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.

Surgical Equipment Market Regional Insights

This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research's geographic analysis makes it possible to comprehend the Surgical Equipment market situations in various nations. The Surgical Equipment market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.

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Surgical Equipment Market Segmentation

by Product

Surgical Sutures and Staplers
Handheld Surgical Devices
Electrosurgical Devices
Other surgical equipment

The category of surgical staples and sutures accounts for the majority of the surgical equipment market's sales. Due to the high adoption rate of sutures and staplers as a result of their growing use in wound closure operations, the surgical sutures and staples segment led the market in 2024 with a revenue share of more than 52.0%. The market for handheld surgical devices had a sizable revenue share in 2024 and is anticipated to expand steadily over the course of the forecast period. Forceps and spatulas, retractors, dilators, graspers, auxiliary tools, cutting instruments, and other items are further subdivided into the handheld surgical equipment category.

by Category

Reusable Surgical Equipment,
Disposable Surgical Equipment

The majority of the surgical equipment market's income is generated by the disposable surgical equipment segment. This is due to the fact that disposable surgical equipment has grown in popularity over time and is now utilized more often for procedures such as plastic and reconstructive surgery, orthopaedic surgery, and exploratory surgery. Receiving a pre-sterilized equipment saves a healthcare facility money since it eliminates the need for decontamination and a drawn-out sterilization procedure. Furthermore, it is impossible to assess a tool's cleanliness after it has been used, cleaned, and stored.

by Application

Neurosurgery
Plastic & Reconstructive Surgeries
Wound Closure
Urology
Obstetrics & Gynecology
Thoracic Surgery
Microvascular
Cardiovascular
Orthopedic Surgery
Laparoscopy
Ophthalmic application
Veterinary application
Dental application
Other

The consumer sector controls the surgical equipment market's revenue. In 2024, the other segments had the biggest revenue share—more than 25.0%. Due to the unexpected increase in the prevalence of illnesses affecting the female reproductive organs and the growing number of births worldwide, which has resulted in an increase in gynecological surgeries, the obstetrics and gynecology segment held the second biggest share. An estimated 1,243,882 cessation procedures were carried out in the United States in, according to the CDC study. The market is divided into several segments based on application, including cardiovascular, orthopaedic, obstetrics and gynecology, wound closure, neurosurgery, plastic and reconstructive surgery, and others.

by Material Type

stainless steel
titanium
ceramics
others.

by End-User

Hospitals,
Ambulatory Surgical Centers
Others

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Surgical Equipment Market Key Players

1. B. Braun Melsungen Ag,
2. Boston Scientific Corporation,
3. Conmed Corporation,
4. Cousin-Biotech,
5. Entrhal Medical Gmbh,
6. Fuhrmann Gmbh,
7. Integra Life Sciences Holdings Corporation,
8. Johnson & Johnson,
9. Kls Martin Group,
10. Medtronic Plc,
11. Novartis International Ag,
12. Peters Surgical Sasu,
13. Smith & nephew plc
14. Olympus Corporation
15. Erbe Elektromedizin GmbH
16. Integra LifeSciences
17. Getinge AB

Key questions answered in the Surgical Equipment Market are:

• What is Surgical Equipment ?
• What was the Surgical Equipment market size in 2023?
• What is the growth rate of the Surgical Equipment Market?
• Which are the factors expected to drive the Surgical Equipment market growth?
• What is the CAGR at which the Surgical Equipment market will grow during the forecast period?
• What are the different segments of the Surgical Equipment Market?
• Which is the fastest growing region in the Surgical Equipment market?
• What growth strategies are the players considering to increase their presence in Surgical Equipment ?
• What are the upcoming opportunities and trends for the Surgical Equipment Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Surgical Equipment Market?
• Who are the leading companies and what are their portfolios in Surgical Equipment Market?
• What segments are covered in the Surgical Equipment Market?
• Who are the key players in the Surgical Equipment market?

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Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by different segment | 2024−2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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