Discover trends, market shifts, and competitive outlooks for the surgical equipment industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

#What Are the Key Projections for the CAGR of the Surgical Equipment Market Size From 2025 to 2034?#_x000D_

There has been a swift expansion in the surgical equipment market in the past few years. The market, valued at $34.38 billion in 2024, is projected to reach $38.16 billion in 2025 with a compound annual growth rate (CAGR) of 11.0%. Factors that have contributed to this growth during the historical period include the globalisation of medical tourism, the surge in outpatient surgery centers, investments in healthcare infrastructure by the government, emphasis on infection control practices, and training and educational initiatives._x000D_

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Expectations indicate that the surgical equipment market will experience robust growth in the forthcoming years, projecting a growth to $53.26 billion in 2029 with a compound annual growth rate (CAGR) of 8.7%. Factors contributing to this predicted growth during the forecast period include the rising demand for elective surgeries, emphasis on outpatient surgical care, preparedness for global health crises, patient-centric healthcare approaches, focus on environmental sustainability, and regulatory harmonization. Notable trends forecasted for this period encompass advancements in robot-assisted surgery, the integration of augmented reality (AR) in surgical procedures, the practice of remote and tele-surgeries, custom-built surgical tools, intelligent implants, and prosthetics._x000D_

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#What Are the Primary Drivers Supporting the Market Growth of the Surgical Equipment Market?#_x000D_

The escalating demand for advanced surgical equipment can be attributed to the growth in preference for minimally invasive surgeries (MIS). MIS is any surgical procedure that necessitates minor incisions, unlike traditional open surgeries that served the same purpose. The inclination towards MIS has grown owing to its several benefits which include quick healing and recovery, reduced scarring, cost efficiency, minimal pain and trauma, along with a lower risk of infections and complications. The innovation in medical technology paved the way for the emergence of sophisticated surgical tools such as C-arm devices, Da Vinci surgical systems, and electrosurgical and power-assisted surgical equipment. These instruments, which facilitate MIS, are predicted to propel the surgical equipment market in the upcoming period._x000D_

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#Which Primary Segments of the Surgical Equipment Market Are Driving Growth and Industry Transformations?#_x000D_

The surgical equipment market covered in this report is segmented –_x000D_

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1) By Type: Surgical Sutures And Staples, Handheld Surgical Devices And Equipment, Electrosurgical Devices And Equipment_x000D_

2) By End User: Hospitals And Clinics, Diagnostic Laboratories, Other End Users_x000D_

3) By Type Of Expenditure: Public, Private_x000D_

4) By Product: Instruments Or Equipment, Disposables_x000D_

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Subsegments:_x000D_

1) By Surgical Sutures And Staples: Absorbable Sutures, Non-Absorbable Sutures, Surgical Staples_x000D_

2) By Handheld Surgical Devices And Equipment: Scalpels, Scissors, Forceps, Needle Holders_x000D_

3) By Electrosurgical Devices And Equipment: Electrosurgical Generators, Electrosurgical Pens, Monopolar And Bipolar Electrodes_x000D_

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#Which Regions Are Key Players in the Growth of the #What Are the Primary Drivers Supporting the Market Growth of the Surgical Equipment Market?# Market?#_x000D_

North America was the largest region in the global surgical equipment market in 2024. Western Europe was the second-largest region in the global surgical equipment market. The regions covered in the surgical equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa._x000D_

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#What Are the Most Significant Market Trends in the Surgical Equipment Market?#_x000D_

The surgical equipment market’s key players are putting significant effort into developing innovative offerings such as the TrueDent resin, to boost their profitability. The TrueDent resin, a patented, FDA Class II-cleared product, is specifically designed to 3D print dentures, temporary crowns, and bridges via the J5 DentaJet platform. Stratasys Ltd., a US-based additive manufacturer, introduced the medical device, TrueDent resin, in February 2023, marking their first entry into FDA-cleared devices. Engineered for 3D printing, TrueDent resin’s primary purpose is to produce visually appealing monolithic dentures, as well as temporary crowns and bridges, using the J5 DentaJet platform. It significantly enhances the production of full and partial dentures that are accurately precise, visually appealing, and ensures patients receive dentures that offer a good fit, longevity of form, and effective functionality._x000D_

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#What Parameters Are Used to Define the Surgical Equipment Market?#_x000D_

Surgical equipment is a set of tools or devices that perform such functions as cutting, dissecting, grasping, holding, retracting, or suturing. Most surgical instruments are made of stainless steel._x000D_

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