Surgical Instruments Market Size, Trends, Revenue Share Analysis, Forecast, 2023–2030

Comments · 44 Views

The global surgical instrument market size was USD 18.98 Billion in 2021 and is expected to register a revenue CAGR of 8.0% during the forecast period.

The global Surgical Instruments Market is expected to reach USD 38.13 Billion in 2030 and register a revenue CAGR of 8.0% during the forecast period, according to the latest report published by Reports and Data. Key factors driving global surgical instruments market revenue growth include increasing prevalence of various chronic diseases such as cardiovascular diseases, cancer, neurological disorders, rising number of accidents and trauma emergencies, and improving healthcare facilities and infrastructure across the globe. 

Surgical instruments are tools or devices used by skilled healthcare professionals for performing various tasks during surgical processes. These instruments are used for holding, cutting, retracting, clamping, or dilating biological tissue. Various surgical instruments are available for general surgery as well as for carrying out complex surgical procedures. Sutures, staplers, forces spatulas, retractors, dilators, graspers are some of the commonly used instruments in hospitals and clinics. Factors such as increasing number of hospitals, clinics, ambulatory care centers across the globe, rising demand for minimally invasive surgical processes, and increasing adoption of robotic surgeries are expected to continue to drive market revenue growth during the forecast period. In addition, increasing healthcare expenditure, and increasing focus on developing compact, advanced, and cost-effective surgical instruments are expected to fuel market growth going ahead. 

To get a sample copy of the report, click on @

Some key highlights of the report:

  • Based on application, the plastic reconstruction surgeries segment is expected to register rapid revenue growth during the forecast period. This can be attributed to increasing cases of road accidents, rising focus on personal appearance and esthetics, increasing disposable income in developing countries, increasing number of surgeries such as chin and breast augmentation, breast reduction, and rising demand for advanced surgical instruments. 
  • Based on category, the reusable segment is expected to register fastest revenue CAGR during the forecast period owing to factors such as increasing prevalence of chronic illnesses and accidents, and high demand for advanced surgical instruments to cater to rising number of complex surgeries. In addition, availability of various instruments of plastics and polymers with better retention properties that can withstand heat and radiation for effective sterilization is expected to drive revenue growth of the segment during the forecast period. 
  • Europe is expected to register steady revenue growth between 2021 and 2028 owing to factors such as rising prevalence of chronic diseases, trauma injuries, presence of well-developed healthcare infrastructure, and high preference for minimally invasive surgery instruments. In addition, increasing investments in research and development activities, and rapid advancements in surgical devices and instruments are expected to fuel market growth during the forecast period. 
  • Asia Pacific market revenue is expected to expand at a CAGR of 8.2% during the forecast period. This can be attributed to rising cases of chronic illnesses, increasing number of road accidents, and surgeries, rising healthcare spending, and increasing demand for latest surgical instruments and devices. In addition, increasing investments in research and development activities to develop advanced and affordable surgical instruments is expected to fuel market growth in Asia Pacific during the forecast period.  

Market Segmentation

The surgical instrument market is segmented into product, application, and region. Based on product, the market is segmented into handheld instruments, powered instruments, and electrosurgical instruments. Handheld instruments are the most commonly used surgical instruments and include scissors, forceps, and retractors. Powered instruments are used for cutting, drilling, and grinding during surgical procedures and include drills, saws, and power scalpels. Electrosurgical instruments are used for tissue dissection and coagulation and include electrosurgical generators and monopolar electrodes.

Some of the key players in the surgical instrument market are:

Smith+Nephew, Zimmer Biomet, B. Braun Melsungen AG, Stryker, Dextera Surgical Inc., Aspen Surgical., Alcon, BD, Medtronic, and Boston Scientific Corporation.

Product Type Outlook (Revenue, USD Billion; 2019–2030)

  • Surgical Sutures Staplers
  • Handheld Surgical Devices
    • Forces Spatulas
    • Refractors
    • Dilators
    • Graspers
    • Auxiliary Instrument
    • Cutter Instrument
  • Electrosurgical Devices

Application Outlook (Revenue, USD Billion; 2019–2030)

  • Neurosurgery
  • Obstetrics Gynecology
  • Wound Closure
  • Cardiovascular
  • Plastic Reconstructive Surgery
  • Orthopedic
  • Laparoscopy
  • Others

Category Outlook (Revenue, USD Billion; 2019–2030)

  • Reusable
  • Disposable

Key Regional Markets Covered in the Report:

  • North America (U.S., Canada, Mexico)
  • Europe (U.K., Italy, Germany, Spain, France, BENELUX, Rest of Europe)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • The Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

Request customization of the report @

Thank you for reading our report. Do connect with us in case of any more queries about the report and its customization. Our team will ensure the report is well suited to cater to your needs.

Get Explore Latest Research Report by Reports and Data:

Ofloxacin Market @

Cell Therapy Market @

Transcatheter Pulmonary Valve (TPV) Therapy Market @

Tetanus Toxoid Vaccine Market @

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, TouchPoints, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provide our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

Head of Business Development

Reports and Data | Web:

Direct Line: +1-212-710-1370