Surgical Equipment Market: Minimally Invasive Procedures, Precision Tools & Market Growth

The surgical equipment market is growing rapidly due to rising surgical demand, aging populations, and advances in robotic and minimally invasive surgery. Hospitals worldwide are upgrading equipment to improve precision, safety, and patient recovery. According to IMARC Group's latest research publication, The global surgical equipment market size reached USD 19.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 34.0 Billion by 2033, exhibiting a growth rate (CAGR) of 6.05% during 2025-2033.

How AI is Reshaping the Future of Surgical Equipment Market

• Autonomous Surgical Capabilities: AI-powered robotic systems can perform complex tasks like stitching and cutting with very little help from humans. This can reduce surgery time by about 25% and lower complications by nearly 30%, improving surgical accuracy worldwide.
• Real-Time Image Recognition: Advanced imaging software quickly analyzes live surgical images to identify organs and tissues, detect problems, and guide instrument placement. In many complex procedures, it can perform as well as—or even better than—experienced surgeons.
• Motion Optimization and Path Planning: Machine learning helps surgical tools move more smoothly and precisely. This reduces strain on surgeons, makes procedures more comfortable, and improves efficiency across many types of surgeries.

Access the Latest 2026 Market Data & Forecasts

Surgical Equipment Industry Overview:

North America Leads Surgical Equipment Market: North America is at the forefront of the surgical equipment market due to its advanced hospitals and strong healthcare systems. Over 60% of large hospitals worldwide now use surgical robots as part of their main operating setup. In developed countries, robot-assisted surgery accounts for about 55% of complex procedures. Intuitive Surgical, a leading company, had 10,488 da Vinci robotic systems installed by June 2025, performing over 2.68 million surgeries each year. The global surgical robotics market was valued at USD 9.3 billion and is expected to grow quickly, reaching around USD 56 billion by the early 2030s.

Surgical Equipment Market Trends & Drivers:

Growing Surgical Demand: An aging global population is increasing the need for surgeries, as people live longer and face more chronic health issues. According to the World Health Organization, the share of people aged 60 and above is expected to rise from 12% in 2015 to 22% by 2050. Between 55% and 98% of older adults have at least two chronic illnesses, with heart-related conditions being the most common. In the U.S., about 20.5 million people aged 40 and older have cataracts requiring surgery.

Expansion of Robotic Surgery: Robotic surgery is moving beyond traditional uses into specialized procedures. Stryker’s Mako system has been used in over 2 million surgeries and is now applied in shoulder and spine operations. The Symani system from Medical Microinstruments enables precise repair of tiny blood vessels and lymphatic tissues, helping cancer patients with lymphedema at hospitals such as Cleveland Clinic and Johns Hopkins. Ambulatory surgical centers are adopting robotic systems for joint replacements, driving demand for smaller, more mobile robots.

Advances in Minimally Invasive Surgery: New tools like laparoscopic instruments, endoscopes, and surgical robots allow surgeons to make smaller cuts, reduce tissue damage, and lower complication risks. In July 2023, Genesis Medtech’s ArtiSential instruments were approved in China, offering better control by mimicking natural hand movements. Augusta Health expanded robotic surgery for joint replacements in January 2024, and Zimmer Biomet performed its first robotic-assisted shoulder replacement using the ROSA Shoulder System in April 2024, showing the growing adoption of robotic surgery in orthopedics.

Leading Companies Operating in the Global Surgical Equipment Industry:

• Alcon
• B. Braun Melsungen AG
• Becton Dickinson and Company
• Boston Scientific Corporation
• CONMED Corporation
• Integra LifeSciences
• Intuitive Surgical Inc.
• Johnson & Johnson
• Medtronic plc
• Olympus Corporation
• Smith & Nephew plc
• Stryker Corporation
• Zimmer Biomet

Surgical Equipment Market Report Segmentation:

By Product:

• Surgical Sutures and Staplers
• Handheld Surgical Equipment
• Forceps and Spatulas
• Retractors
• Dilators
• Graspers
• Auxiliary Instruments
• Cutter Instruments
• Electrosurgical Devices
• Others

Breakup by Category:

• Reusable Surgical Equipment
• Disposable Surgical Equipment

Reusable surgical equipment holds the largest share in the market.

By Application:

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

Based on the application, the market has been segmented into neurosurgery, plastic and reconstructive surgery, wound closure, obstetrics and gynecology, cardiovascular, orthopedic, and others.

By End User:

• Hospitals
• Ambulatory Surgical Centers
• Others

Hospitals hold the largest share in the market.

Regional Insights:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

North America exhibits a clear dominance in the market.

Recent News and Developments in Surgical Equipment Market

• May 2024: Alcon, a leading Swiss-American ophthalmology company, acquired Belkin Vision, an Israeli glaucoma treatment company, for nearly USD 335 Million. This acquisition expands Alcon's portfolio in glaucoma surgical equipment and technologies, strengthening its position in ophthalmic surgical solutions globally.
• April 2024: Hologic, Inc. agreed to pay about USD 310 Million to buy Endomagnetics Ltd., a privately held company that develops technology for breast cancer surgeries. The acquisition enhances Hologic's surgical equipment offerings for oncology procedures and expands its capabilities in breast cancer detection and treatment technologies.
• January 2024: Boston Scientific Corporation announced acquisition of Axonics, Inc., a publicly traded medical technology company focusing on development and commercialization of differentiated devices to treat urinary and bowel dysfunction. This strategic move broadens Boston Scientific's surgical equipment portfolio in the urology segment.
• February 2024: Novo Integrated Sciences and Clinical Consultants International signed agreement with Futura Surgicare Pvt Ltd, a manufacturer of wound closure and surgical products based in India. Futura offers cutting-edge products including surgical sutures, skin staplers, hemostats, surgical tapes, hernia meshes, and bone wax.
• November 2023: Cardinal Health launched SmartGown EDGE Breathable Surgical Gown with ASSIST Instrument Pockets in the United States. Designed to give surgical teams easy and secure access to instruments during surgeries, this product enhances procedural efficiency and surgical workflow optimization.

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