Surgical Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Surgical Equipment Market Report is Segmented by Product (Handheld Surgical Instruments, Powered & Electrosurgical Devices, Sutures, and More), Application (Orthopedic & Trauma, Cardiovascular & Thoracic, and More), End User (Hospitals, Ambulatory Surgical Centers, and More), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, South America). The Market Forecasts are Provided in Terms of Value (USD).

Surgical Equipment Market Size and Share

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Compare market size and growth of Surgical Equipment Market with other markets in Healthcare Industry

Surgical Equipment Market Analysis by Mordor Intelligence

The Surgical Equipment Market size is estimated at USD 19.81 billion in 2025, and is expected to reach USD 29.42 billion by 2030, at a CAGR of 8.24% during the forecast period (2025-2030).

Rising procedure volumes strengthen the outlook, rapid uptake of minimally invasive techniques, and the growing presence of ambulatory surgical centers (ASCs). Powered and electrosurgical devices are set to lead product growth as clinicians seek instruments that cut, seal, and coagulate tissue in a single step. Asia-Pacific is on course to record the fastest regional expansion, reflecting capacity build-outs in China and India alongside steadily rising surgical volumes. Competitive intensity is growing as niche innovators challenge established brands with compact, workflow-specific systems designed for outpatient settings. Capital constraints in hospitals and ASCs are nudging suppliers toward flexible financing and per-procedure pricing, reshaping purchasing dynamics across the surgical equipment market.

Key Report Takeaways

  • By product type, sutures, staplers, and other wound-closure devices held 38.24% of the surgical equipment market share in 2024, while powered and electrosurgical devices are projected to grow at an 8.57% CAGR to 2030.
  • By application, orthopedic and trauma surgeries commanded a 24.76% share of the surgical equipment market size in 2024, whereas plastic, cosmetic, and burn reconstruction is forecast to expand at an 8.91% CAGR through 2030.
  • By end user, hospitals maintained an 67.23% revenue share in 2024; ASCs are advancing at a 9.14% CAGR to 2030.
  • By geography, North America led with 35.54% revenue share in 2024, while Asia-Pacific is projected to post an 8.83% CAGR between 2025 and 2030.

Segment Analysis

By Product: Wound Closure Dominates While Electrosurgery Accelerates

Sutures, staplers, and other closure devices held 38.24% of the surgical equipment market share in 2024, underlining their universal role across specialties. Barbed sutures that eliminate knot-tying have shaved an average 1 minute 43 seconds off cesarean section closure times, demonstrating workflow value. Johnson & Johnson’s ECHELON ENDOPATH Staple Line Reinforcement illustrates how biomaterial advances can protect tissue and reduce leaks.

Powered and electrosurgical systems are projected to expand at an 8.57% CAGR through 2030. Instruments such as Medtronic’s LigaSure Maryland jaw blend cutting and vessel-sealing, cutting operative steps, and collateral damage. Retractors, handheld forceps, and surgical power tools remain essential staples, but the frontier lies in integrated consoles that merge energy, imaging, and smoke evacuation, streamlining the sterile field. The surgical equipment market size for powered devices is likely to gain further momentum as outpatient centers adopt multifunction towers for space efficiency.

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Note: Segment shares of all individual segments available upon report purchase

By Application: Orthopedics Leads While Aesthetics Accelerates

Orthopedic and trauma cases accounted for 24.76% of the surgical equipment market size in 2024. Stryker’s CD NXT power system, which offers real-time drilling depth feedback, highlights the push toward safer, data-rich joint reconstruction. Robotic guidance platforms such as Mako are widening minimally invasive joint-replacement adoption, shortening hospital stays, and lowering revision rates.

Plastic, cosmetic, and burn reconstruction procedures are forecast to grow at an 8.91% CAGR through 2030, buoyed by growing patient interest in aesthetic enhancements and refinements in regenerative tissue technology. Cardiovascular and thoracic surgery maintains solid demand owing to high disease prevalence, while neurosurgery benefits from improved intra-operative visualization. The surgical equipment industry continues to diversify, with bariatric and gynecologic specialties embracing robotic single-port platforms that reduce trocar entries and postoperative pain.

By End User: Hospitals Dominate While ASCs Surge

Hospitals controlled 67.23% of global revenue in 2024, leveraging multidisciplinary teams and intensive-care backups for complex surgeries. Rising operating costs, however, have stretched capital budgets; the average age of installed equipment has climbed as purchases are deferred. This dynamic opens doors for vendors offering upgrade paths and usage-based finance.

ASCs are growing at a 9.14% CAGR and redefining procurement criteria. Devices must be compact, quick to sterilize, and interoperable across specialties to justify floor space. The surgical equipment market size tied to ASCs is amplified by CMS rule changes that reimburse more complex orthopedic and cardiac codes outside hospital walls. Specialty clinics and physician offices remain niche but present opportunities for ultra-portable, battery-powered platforms.

Surgical Equipment Market: Market Share by End User
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Note: Segment shares of all individual segments available upon report purchase

Geography Analysis

North America held 35.54% of 2024 revenue, driven by favorable reimbursement and early adoption of robotic and AI-enabled systems. Hospitals are under cost pressure, but ASCs are flourishing, reflecting payer incentives and patient preference for same-day procedures. Ongoing capital modernization delays have increased the average equipment life cycle, pushing providers toward service contracts and rental models. Nonetheless, U.S. and Canadian centers remain the proving ground for next-generation robotic and digital-surgery suites.

Europe presents a broad landscape anchored by robust public health systems. Germany, France, and the United Kingdom spearhead uptake of minimally invasive platforms. New Medical Device Regulations strengthen post-market oversight, raising compliance costs yet bolstering patient safety. Southern and Eastern European markets, upgrading legacy infrastructure, represent catch-up growth pockets where mid-priced, versatile instruments gain favor.

Asia-Pacific is the fastest-growing zone, advancing at an 8.83% CAGR through 2030. China is now the second-largest buyer of robotic theaters, supported by domestic manufacturers who tailor designs to local budgets. Japan leads in procedure volumes per capita, while India targets 15% annual device adoption via tax incentives and streamlined approvals. Southeast Asian nations are adding surgical suites in provincial hubs, fueling demand for turnkey, bundled equipment packages that include on-site training and service warranties.

The Middle East & Africa and South America offer long-range potential as governments allocate larger health budgets to surgical infrastructure. Private-sector hospital chains in Brazil and the Gulf Cooperation Council are early adopters of robotic systems, setting benchmarks that public facilities strive to match.

Surgical Equipment Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The surgical equipment market is moderately fragmented, with Medtronic, Johnson & Johnson, Stryker, and Intuitive Surgical occupying leading positions through broad portfolios and global supply chains. Technology-centric differentiation is intensifying; Medtronic is layering AI onto surgical planning to optimize staple line selection, whereas Johnson & Johnson is integrating digital tracking into orthopedic implant workflows. Twenty emerging robotic platforms are in the pipeline, signaling heightened rivalry and potential price pressure. Vertical integration is on the rise as manufacturers extend into imaging, software, and post-acute monitoring to lock in recurring revenue and deepen customer stickiness.

Niche challengers focus on single-specialty systems, cost-efficient disposables, or ASC-tailored mini consoles. Strategic acquisitions, such as Stryker’s purchase of Inari Medical to add mechanical thrombectomy devices, demonstrate how incumbents plug capability gaps and enter high-growth adjacencies. Ecosystem playbooks that bundle hardware, software, and analytics are becoming standard as buyers seek end-to-end solutions that simplify multi-vendor coordination.

Surgical Equipment Industry Leaders

  1. CONMED Corporation

  2. Olympus Corporation

  3. Stryker Corporation

  4. B Braun Melsungen AG

  5. Smith & Nephew plc

  6. *Disclaimer: Major Players sorted in no particular order
Surgical Equipment Market Concentration
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Recent Industry Developments

  • April 2025: Intuitive received FDA clearance for its SureForm 45 stapler for use with the da Vinci SP surgical system, expanding its capabilities in urologic and thoracic procedures for use with its da Vinci SP surgical system in thoracic, colorectal, and urologic procedures.
  • March 2025: Johnson & Johnson MedTech showcased its VELYS Robotic-Assisted Solution with FDA clearance for unicompartmental knee arthroplasty, enhancing precision in joint replacements.
  • February 2025: Stryker completed the acquisition of Inari Medical, expanding its vascular portfolio with projected sales contribution of USD 590 million for 2025. This acquisition brings Inari's peripheral vascular and venous thromboembolism (VTE) expertise to Stryker, including novel mechanical thrombectomy solutions like the FlowTriever and ClotTriever systems.

Table of Contents for Surgical Equipment Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Rising Surgical Procedure Volumes Driven by Aging & Chronic-disease Prevalence
    • 4.2.2 Rising Number of Road and Other Accidents
    • 4.2.3 Accelerated Shift Toward Minimally Invasive & Robotic-assisted Surgeries
    • 4.2.4 Growth of Ambulatory Surgical Centers and Outpatient Care Models
    • 4.2.5 Increasing Adoption of Disposable & Single-use Instruments
    • 4.2.6 Expanding Healthcare Infrastructure & Capital Expenditure in Emerging Economies
  • 4.3 Market Restraints
    • 4.3.1 High Capital and Maintenance Costs of Advanced Surgical Systems
    • 4.3.2 Stringent Regulatory Approval & Compliance Requirements
    • 4.3.3 Shortage of Skilled Surgical Workforce Limiting Technology Uptake
    • 4.3.4 Budget Constraints Delaying Equipment Upgrades
  • 4.4 Technological Outlook
  • 4.5 Porter’s Five Forces Analysis
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Intensity of Competitive Rivalry

5. Market Size & Growth Forecasts (Value in USD)

  • 5.1 By Product
    • 5.1.1 Handheld Surgical Instruments
    • 5.1.1.1 Forceps & Graspers
    • 5.1.1.2 Scalpels & Blades
    • 5.1.1.3 Retractors & Dilators
    • 5.1.2 Powered & Electrosurgical Devices
    • 5.1.2.1 High-frequency Electrosurgery Units
    • 5.1.2.2 Ultrasonic & Plasma Energy Systems
    • 5.1.2.3 Surgical Power Tools
    • 5.1.3 Sutures, Staplers & Wound Closure
    • 5.1.3.1 Absorbable Sutures
    • 5.1.3.2 Non-absorbable Sutures
    • 5.1.3.3 Manual Staplers
    • 5.1.3.4 Sealants & Tissue Adhesives
    • 5.1.3.5 Others
  • 5.2 By Application
    • 5.2.1 Orthopedic & Trauma
    • 5.2.2 Cardiovascular & Thoracic
    • 5.2.3 Obstetrics & Gynecology
    • 5.2.4 Neurosurgery & Spine
    • 5.2.5 Plastic, Cosmetic & Burn Reconstruction
    • 5.2.6 Gastrointestinal & Bariatric
    • 5.2.7 Other Surgeries
  • 5.3 By End User
    • 5.3.1 Hospitals
    • 5.3.2 Ambulatory Surgical Centers
    • 5.3.3 Specialty Clinics & Physician Offices
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Mexico
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Italy
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 Japan
    • 5.4.3.3 India
    • 5.4.3.4 Australia
    • 5.4.3.5 South Korea
    • 5.4.3.6 Rest of Asia-Pacific
    • 5.4.4 Middle East & Africa
    • 5.4.4.1 GCC
    • 5.4.4.2 South Africa
    • 5.4.4.3 Rest of Middle East & Africa
    • 5.4.5 South America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.3.1 Medtronic
    • 6.3.2 Johnson & Johnson (Ethicon)
    • 6.3.3 Stryker Corporation
    • 6.3.4 B. Braun Melsungen AG
    • 6.3.5 Olympus Corporation
    • 6.3.6 Boston Scientific Corporation
    • 6.3.7 Smith & Nephew plc
    • 6.3.8 Zimmer Biomet Holdings Inc.
    • 6.3.9 CONMED Corporation
    • 6.3.10 Intuitive Surgical Inc.
    • 6.3.11 Siemens Healthineers AG
    • 6.3.12 3M
    • 6.3.13 Frankenman International Ltd.
    • 6.3.14 Meril Life Sciences Pvt. Ltd.
    • 6.3.15 Teleflex Incorporated
    • 6.3.16 Karl Storz SE & Co. KG
    • 6.3.17 Arthrex Inc.
    • 6.3.18 Alcon Inc.
    • 6.3.19 Steris plc
    • 6.3.20 Surgical Holdings Ltd.

7. Market Opportunities & Future Outlook

  • 7.1 White-space & Unmet-need Assessment
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Global Surgical Equipment Market Report Scope

As per the scope of this report, surgical equipment is functionally designed for the operating room to centralize all surgical support equipment and utility services. Surgical equipment is a specially designed tool that performs actions during surgery or operation. The surgical equipment market is segmented by product (handheld devices, powered and electrosurgical devices, and sutures and staplers), application (obstetrics and gynecology, orthopedics, cardiovascular, neurology, plastic and reconstructive surgeries, and other applications), end user (hospitals, ambulatory surgical centers, and other end users) and geography (North America, Europe, Asia Pacific, Middle-East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major global regions. The report offers the value (USD million) for the above segments.

By Product Handheld Surgical Instruments Forceps & Graspers
Scalpels & Blades
Retractors & Dilators
Powered & Electrosurgical Devices High-frequency Electrosurgery Units
Ultrasonic & Plasma Energy Systems
Surgical Power Tools
Sutures, Staplers & Wound Closure Absorbable Sutures
Non-absorbable Sutures
Manual Staplers
Sealants & Tissue Adhesives
Others
By Application Orthopedic & Trauma
Cardiovascular & Thoracic
Obstetrics & Gynecology
Neurosurgery & Spine
Plastic, Cosmetic & Burn Reconstruction
Gastrointestinal & Bariatric
Other Surgeries
By End User Hospitals
Ambulatory Surgical Centers
Specialty Clinics & Physician Offices
By Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa GCC
South Africa
Rest of Middle East & Africa
South America Brazil
Argentina
Rest of South America
By Product
Handheld Surgical Instruments Forceps & Graspers
Scalpels & Blades
Retractors & Dilators
Powered & Electrosurgical Devices High-frequency Electrosurgery Units
Ultrasonic & Plasma Energy Systems
Surgical Power Tools
Sutures, Staplers & Wound Closure Absorbable Sutures
Non-absorbable Sutures
Manual Staplers
Sealants & Tissue Adhesives
Others
By Application
Orthopedic & Trauma
Cardiovascular & Thoracic
Obstetrics & Gynecology
Neurosurgery & Spine
Plastic, Cosmetic & Burn Reconstruction
Gastrointestinal & Bariatric
Other Surgeries
By End User
Hospitals
Ambulatory Surgical Centers
Specialty Clinics & Physician Offices
By Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa GCC
South Africa
Rest of Middle East & Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

What is the current size of the surgical equipment market?

The surgical equipment market size is USD 19.81 billion in 2025.

How fast is the market expected to grow?

Revenue is forecast to reach USD 29.42 billion by 2030, reflecting an 8.24% CAGR.

Which product category is expanding the fastest?

Powered and electrosurgical devices are projected to post an 8.57% CAGR through 2030.

Why are ambulatory surgical centers important for equipment suppliers?

ASCs perform 72% of U.S. surgeries and demand compact, quick-turnover instruments, driving a 9.14% CAGR in related equipment sales.

Which region offers the strongest growth outlook?

Asia-Pacific shows the highest regional CAGR at 8.83%, supported by infrastructure expansion and rising procedure volumes.

What restrains adoption of advanced robotic systems?

High capital outlays exceeding USD 2 million per unit and stringent regulatory hurdles limit uptake among smaller hospitals and ASCs.

Page last updated on: January 3, 2025

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