Powered Surgical Instrument Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

The Powered Surgical Instrument Market is segmented by Type of Power Source (Electric Instruments, Battery-powered Instruments, and Pneumatic Instruments), Product Type (Handpiece, Disposables, and Accessories), Application (Orthopedic, Dental, Neurosurgery, Cardiothoracic Surgery, and Other Applications), and Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The report offers the value (in USD million) for the above segments.

Powered Surgical Instrument Market Size

Powered Surgical Instrument Market Summary
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Study Period 2018 - 2028
Base Year For Estimation 2022
CAGR 4.06 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Powered Surgical Instrument Market Major Players

*Disclaimer: Major Players sorted in no particular order


Need a report that reflects how COVID-19 has impacted this market and its growth?

Powered Surgical Instrument Market Analysis

The powered surgical instrument market size is expected to grow from USD 2,076.15 million in 2023 to USD 2,533.25 million by 2028, at a CAGR of 4.06% during the forecast period.

  • The pandemic had ramifications for ways of working on various surgical procedures, including orthopedic surgeries. The volume of surgeries significantly declined during the pandemic, owing to the stringent guidelines by the regulatory authorities to avoid all non-emergent surgeries. According to the study published in the British Journal of Surgery in May 2020, it was found that based on 12 weeks of peak disruption to hospital services due to COVID-19, around 28.4 million elective surgeries worldwide were canceled or postponed in 2020. More than 580,000 planned surgeries in India were canceled or delayed as a result of the COVID-19 pandemic. Thus, the COVID-19 pandemic had a significant impact on market growth. However, at the time, the market had reached its pre-pandemic nature in terms of surgical volume and was expected to witness strong growth over the forecast period.
  • An increasing number of surgical procedures coupled with technological advancements, such as the introduction of robot-assisted surgical procedures, are expected to drive the growth of the powered surgical instrument market. In addition, the growth in the geriatric population worldwide and the growing prevalence of lifestyle diseases also fuel the powered surgical instruments market.
  • There is an increasing focus on surgeries across various countries, which is propelling the number of surgical procedures and fueling the market growth. For instance, in April 2022, the Victorian government in Australia reported investing USD 1.5 billion to address its growing elective surgery waitlist as part of a catch-up scheme that will increase surgical capacity by a quarter. The COVID Catch-Up Plan was designed to raise capacity to 125% in 2023, with 40,000 additional surgeries to take place the next year. With the high investment in surgeries, the market studied is expected to witness significant growth over the forecast period.
  • Furthermore, according to the Organization for Economic Co-operation and Development (OECD) data updated in August 2022, the number of surgeries performed in some European countries such as Portugal, Denmark, Ireland, and Norway in 2021 includes 94.87, 49.33, 32.84, 21.5 (in thousand). Such a huge number of surgeries in developed European countries will lead to increased adoption of powered surgical instruments, which is expected to propel the market growth.
  • However, the lack of proper reimbursement in some countries, along with the high cost of advanced power tools and inadequately skilled professionals, are restraining the growth of the market.

Powered Surgical Instrument Market Trends

The Orthopedic Surgery Segment is Expected to Have a Notable Growth Rate

  • Orthopedic surgery is a specialty that deals with acute injuries, congenital and acquired disorders, and chronic arthritic or overuse conditions of the bones, joints, and their associated soft tissues, including ligaments, nerves, and muscles.​
  • According to World Health Organization (WHO) data published in February 2021, around 1.71 billion people had musculoskeletal conditions worldwide as of the year 2021. Furthermore, the rising prevalence of osteoporosis and osteoarthritis, the increasing incidence of road accidents and sports injuries, and the rising aging population are expected to increase the procedural count, driving the market growth. All these conditions require surgical interventions, thus leading to an increase in the demand for orthopedic devices. Thus, owing to all the factors mentioned above, the market is expected to propel at high growth rates.​
  • Furthermore, market players are focusing on continuous developments and the launch of novel products to gain a competitive edge in the market. For instance, in December 2021, DePuy Synthes launched the UNIUM System as the newest addition to its Power Tools portfolio. The system is designed for ergonomics, reliability, and efficiency in the trauma setting and can be used across small bone, sports medicine, spine, and thorax procedures.​
  • Thus, all aforementioned factors, such as the increasing geriatric population and the product launches by key market players, are expected to boost the segment over the forecast period.
Powered Surgical Instrument Market: Number of Surgeons, by Country, Europe, 2021

North America is Projected to Have a Significant Share Over the Forecast Period

  • The North American region is expected to hold a significant share of the market studied, which is majorly attributed to the well-established medical device industries and the presence of key companies providing powered surgical instruments.
  • In the region, the United States is believed to dominate the market due to the increasing number of surgical procedures across the country. For instance, as per the American Academy of Orthopedic Surgeons (AAOS) Annual Report 2021, around 2.24 million primary and revision hip and knee arthroplasty procedures were performed in the last eight years. 
  • Primary knee (54.5%) and primary hip (38.6%) procedures made up most of the orthopedic surgeries in the country during the period. In addition, as per the American Joint Replacement Registry (AJRR) 2021, there were around 105,743 hip arthroplasty procedures for femoral neck fractures in the United States. Therefore, the rising number of orthopedic surgical procedures is anticipated to support the market’s growth in the United States.
  • Additionally, the data updated by Cedars-Sinai in January 2022 showed that coronary artery bypass graft surgery (CABG), also known as coronary artery bypass or bypass surgery, is the most common heart surgery, and more than 300,000 people have successful bypass surgery in the United States each year.
  • New product launches by the key companies from the region are expected to boost the market growth. For instance, in March 2021, Ethicon announced the global launch of the ECHELON+ Stapler with GST Reloads, a new powered surgical stapler designed to increase staple line security and reduce complications through more uniform tissue compression and better staple formation.
  • Hence, owing to the increasing disease burden and the new product launches, the market studied is believed to grow significantly in North America.
Powered Surgical Instruments Market - Growth Rate by Region

Powered Surgical Instrument Industry Overview

Market players focus on continuous product development and offer a wide range of products at competitive prices, especially in developing countries. Companies are focusing on the expansion of their product portfolios by adopting inorganic growth strategies such as acquisitions, mergers, and partnerships. Some of the major players are Johnson & Johnson, B. Braun Melsungen Ag, Stryker Co., Medtronic Incorporated, Smith & Nephew, Conmed Co., Desoutter Medical Ltd, and Zimmer Holdings.

Powered Surgical Instrument Market Leaders

  1. Smith & Nephew

  2. ConMed

  3. Medtronic PLC

  4. De-Soutter

  5. Zimmer Biomet

*Disclaimer: Major Players sorted in no particular order

Powered Surgical Instrument Market Concentration

Powered Surgical Instrument Market News

  • September 2022: Teleflex Incorporated announced that it completed the previously announced acquisition of Standard Bariatrics, Inc., which has commercialized an innovative powered stapling technology for bariatric surgery.
  • June 2022: Ethicon, part of Johnson & Johnson MedTech, launched the ECHELON 3000 Stapler, a digitally enabled device that provides surgeons with simple, one-handed powered articulation to help address the unique needs of their patients.
  • September 2021: Panther Healthcare launched the Smart Powered Stapler platform that offers intelligent and automatic control over tissue compression, transection, and resection for gastrointestinal (including bariatric), thoracic, colorectal, oncology, gynecologic, and other open and laparoscopic surgical procedures. The device has been released in Europe, the Middle East, Africa, Asia, and Latin America.

Powered Surgical Instrument Market Report - Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Number of Surgical Procedures

      2. 4.2.2 Increasing Geriatric Population and Rising Lifestyle Disease Burden

      3. 4.2.3 Technological Innovations

    3. 4.3 Market Restraints

      1. 4.3.1 Reimbursement Challenges

      2. 4.3.2 Inadequate Skilled Professionals

      3. 4.3.3 Lack of Sterilization Procedure

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION (Market Size by Value in USD)

    1. 5.1 By Power Source

      1. 5.1.1 Electric Instruments

      2. 5.1.2 Battery-powered Instruments

      3. 5.1.3 Pneumatic Instruments

    2. 5.2 By Product Type

      1. 5.2.1 Handpiece

      2. 5.2.2 Disposables

        1. Drill System

        2. Saw Systems

        3. Reamer Systems

        4. Staplers

        5. Shavers

        6. Other Disposables

      3. 5.2.3 Accessories

        1. Surgical

        2. Electrical

        3. Other Accessories

    3. 5.3 By Application

      1. 5.3.1 Orthopedic

      2. 5.3.2 Dental

      3. 5.3.3 Neurosurgery

      4. 5.3.4 Cardiothoracic Surgery

      5. 5.3.5 Other Applications

    4. 5.4 By Geography

      1. 5.4.1 North America

        1. United States

        2. Canada

        3. Mexico

      2. 5.4.2 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Spain

        6. Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. South Korea

        6. Rest of Asia-Pacific

      4. 5.4.4 Middle-East and Africa

        1. GCC

        2. South Africa

        3. Rest of Middle-East and Africa

      5. 5.4.5 South America

        1. Brazil

        2. Argentina

        3. Rest of South America


    1. 6.1 Company Profiles

      1. 6.1.1 Johnson & Johnson

      2. 6.1.2 B. Braun Melsungen Ag

      3. 6.1.3 Stryker Corporation

      4. 6.1.4 Medtronic PLC

      5. 6.1.5 Smith & Nephew

      6. 6.1.6 Zimmer Biomet

      7. 6.1.7 ConMed

      8. 6.1.8 Desoutter Medical Ltd

      9. 6.1.9 Adeor Medical AG

      10. 6.1.10 MicroAire Surgical Instruments

      11. 6.1.11 Panther Healthcare

      12. 6.1.12 AlloTech Co. Ltd

    2. *List Not Exhaustive

**Subject to Availability
**Competitive Landscape Covers - Business Overview, Financials, Products and Strategies, and Recent Developments

Powered Surgical Instrument Industry Segmentation

Powered surgical instruments (PSIs) play a unique role in the operating suite. They reduce the time of surgical procedures and provide functionality and consistent performance in surgical procedures. PSIs are complex surgical devices, and the processes used to clean, inspect, and sterilize them are also complex. 

The powered surgical instrument market is segmented by type of power source (electric instruments, battery-powered instruments, and pneumatic instruments), product type (handpiece, disposables, and accessories), application (orthopedic, dental, neurosurgery, cardiothoracic surgery, and other applications), and geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The report also covers the estimated market sizes and trends for 17 countries across major regions globally. 

The report offers the value (in USD) for the above segments.

By Power Source
Electric Instruments
Battery-powered Instruments
Pneumatic Instruments
By Product Type
Drill System
Saw Systems
Reamer Systems
Other Disposables
Other Accessories
By Application
Cardiothoracic Surgery
Other Applications
By Geography
North America
United States
United Kingdom
Rest of Europe
South Korea
Rest of Asia-Pacific
Middle-East and Africa
South Africa
Rest of Middle-East and Africa
South America
Rest of South America

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Powered Surgical Instrument Market Research FAQs

The Powered Surgical Instrument Market is studied from 2018 - 2028.

The Powered Surgical Instrument Market is growing at a CAGR of 4.06% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2018 - 2028.

North America holds highest share in 2022.

Smith & Nephew, ConMed, Medtronic PLC, De-Soutter, Zimmer Biomet are the major companies operating in Powered Surgical Instrument Market.

Powered Surgical Instrument Industry Report

Statistics for the 2023 Powered Surgical Instrument market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Powered Surgical Instrument analysis includes a market forecast outlook to for 2023 to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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