Medical Equipment

A Significant Growth Driver for the Steerable Needles Market Is the Increasing Minimally Invasive Procedures Drive Steerable Needles Market Growth

March 17, 2026March 17, 2026 by Marketing Posting

The Business Research Company’s 2026 market reports include new capabilities such as market attractiveness scoring and analysis, total addressable market analysis, company scoring matrix, interactive excel data dashboard, improved supply chain analysis, upcoming startups in the market, and overview of key products, aimed at improving the depth, usability, and strategic value of the insights delivered.

What Market Size Expansion Is Predicted For The Steerable Needles Market Between 2026 And 2030?

The steerable needles market has experienced significant growth over recent years. This market is projected to expand from $1.76 billion in 2025 to $1.93 billion in 2026, achieving a compound annual growth rate (CAGR) of 9.7%. Historically, this expansion has been driven by increasing demand for minimally invasive interventions, advancements in medical imaging technologies, growth in interventional radiology procedures, rising adoption of precision surgical tools, and the expansion of robotic-assisted surgeries.

The steerable needles market is projected to experience substantial expansion over the upcoming years. Its valuation is anticipated to reach $2.69 billion by 2030, demonstrating a compound annual growth rate (CAGR) of 8.7%. This expansion during the forecast period is propelled by factors such as the increasing adoption of AI-assisted surgical navigation, a rising demand for complex tumor targeting solutions, the expansion of robotic surgery platforms, growing investments in advanced interventional devices, and a heightened focus on reducing procedural complications. Prominent trends expected within this period include the wider uptake of image-guided needle navigation, enhanced integration with robotic surgical systems, broader utilization in minimally invasive procedures, the development of real-time trajectory control technologies, and a reinforced commitment to procedural precision and safety.

Download the Free Sample Report to Explore Key Market Insights:

https://www.thebusinessresearchcompany.com/sample.aspx?id=15932&type=smp

What Major Drivers Are Influencing Demand In The Steerable Needles Market?

The steerable needles market is projected to advance due to the increasing integration of minimally invasive procedures. Such procedures are medical interventions performed through small incisions or natural bodily openings, aiming to minimize tissue damage and shorten recovery times. The growing preference for minimally invasive procedures stems from benefits like reduced recovery periods, lower risks of complications, and diminished postoperative pain for patients. Steerable needles find application in minimally invasive procedures for precise navigation and targeting of specific tissues, thereby enhancing accuracy and mitigating damage to surrounding areas. For instance, in June 2024, the American Society of Plastic Surgeons, a US-based non-profit body, reported that minimally invasive procedures saw a 7% increase in 2023, exceeding the growth rate of surgical procedures by 2%. Hand surgeries, including those for carpal tunnel, arthritis, and trigger finger, amounted to 207,887 procedures, representing a 2% rise from 2022. Thus, the escalating adoption of minimally invasive procedures is a primary driver for the expansion of the steerable needles market.

Which Market Segments Are Examined In The Steerable Needles Market Study?

The steerable needles market covered in this report is segmented –

1) By Type: Bevel-Tip Flexible Needles, Symmetric-Tip Needles, Tendon Actuated Tip Needles

2) By Application: Biopsy, Tumor Ablation, Pain Management, Robotic Assisted Surgery, Other Applications

3) By End User: Hospitals, Ambulatory Surgical Centers, Other End Users

Subsegments:

1) By Bevel-Tip Flexible Needles: Single Bevel-Tip Needles, Double Bevel-Tip Needles

2) By Symmetric-Tip Needles: Standard Symmetric-Tip Needles, Curved Symmetric-Tip Needles

3) By Tendon Actuated Tip Needles: Single Tendon Actuated Needles, Dual Tendon Actuated Needles

Which Trends Are Influencing The Steerable Needles Market?

Leading enterprises within the steerable needles market are forging strategic alliances to develop advanced, image-guided needle technologies, aiming for enhanced precision and less invasive procedures. These collaborative partnerships fuel the expansion of the steerable needles market by uniting specialized knowledge, broadening clinical applications, and expediting the market introduction of innovative, patient-focused solutions. For instance, in March 2023, Body Vision Medical LTD., a US-based medical device company, collaborated with Serpex Medical Inc., a US-based medical equipment manufacturing company, and collectively announced the inaugural lung nodule biopsy procedure. This procedure utilized Serpex’s Compass steerable needle, guided by Body Vision Medical’s LungVision real-time intraoperative CT imaging system. Employing these two technologies in combination, Dr. Michael Machuzak at Cleveland Clinic successfully accessed and diagnosed a small peripheral nodule in the patient’s right lower lung lobe. This accomplishment underscores the potential of integrating steerable needle systems with real-time imaging to elevate the accuracy and safety of minimally invasive lung procedures.

Who Are The Primary Competitors In The Steerable Needles Market?

Major companies operating in the steerable needles market are Johnson & Johnson, Medtronic Plc, Becton Dickinson and Company, Stryker Corporation, Boston Scientific Corporation, Olympus Corporation, Terumo Corporation, Intuitive Surgical Inc, Smith & Nephew plc, Cook Medical Incorporated, Teleflex Incorporated, KARL STORZ SE & Co KG, Merit Medical Systems Inc, ConMed Corporation, Penumbra Inc, AngioDynamics Inc, AprioMed Inc, Argon Medical Devices Inc, Creo Medical Group plc, Creo Medical GmbH

Read the full steerable needles market report here:

https://www.thebusinessresearchcompany.com/report/steerable-needles-global-market-report

Which Region Shows The Strongest Potential For Future Growth In The Steerable Needles Market?

North America was the largest region in the steerable needles market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the steerable needles market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Request A Tailored Steerable Needles Market Research Report For Competitive Advantage:

https://www.thebusinessresearchcompany.com/customise?id=15932&type=smp

Browse Through More Reports Similar to the Global Steerable Needles Market 2026, By The Business Research Company

Needle Market Report 2026

https://www.thebusinessresearchcompany.com/report/needle-global-market-report

Filter Needles Market Report 2026

https://www.thebusinessresearchcompany.com/report/filter-needles-global-market-report

Pen Needles Market Report 2026

https://www.thebusinessresearchcompany.com/report/pen-needles-global-market-report

Get in touch with us:

The Business Research Company: https://www.thebusinessresearchcompany.com/

Americas +1 310-496-7795