Already a member? Login to access this report free.
Report Highlights
The global market for surgical equipment and technologies was valued at $37.6 billion in 2023. This market is expected to grow from $40.0 billion in 2024 to $56.6 billion by 2029, at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2029.
Report Includes
- 113 data tables and 42 additional tables
- An overview of the global market and technologies for general surgical equipment
- Analyses of the global market trends, with data from 2021-2023, estimates for 2024, and projections of compound annual growth rates (CAGRs) through 2029
- Estimation of actual market size and revenue forecast for general surgical equipment market, and corresponding market share analysis based on usability, product category, technology type, end user, and region
- Information on the global surgical equipment market structure and technological innovations such as surgical robotics, powered surgical tools, and a significant focus on minimally invasive procedures
- Insights into healthcare regulations, policies and implications; and discussion on regulated or proposed to be regulated medical devices
- Coverage of the factors impacting market growth and analyze trends and opportunities in major regions, and the trends, gaps and opportunities in each micro market
- Assessment of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies
- A discussion of ESG challenges and ESG practices in the market and impact of COVID-19 on micro and macro environment factors that influence surgical equipment markets
- Company profiles of the market leading participants, including Medtronic, Johnson & Johnson Services Inc., Stryker Corp., Intuitive Surgical Inc., and Zimmer Biomet
Report Scope
This report analyzes the surgical equipment and technologies market, and provides forecasts and sales projections through 2029. It covers the leading companies, technology trends, market dynamics, competitive intelligence and regional trends. The report evaluates how fundamental market dynamics have shifted due to the COVID-19 pandemic and discusses the supply chain, including manufacturers, suppliers, retailers and hospitals. The analysis also includes the effects of economic factors such as healthcare spending, medical tourism and government initiatives to enhance healthcare access.
The report examines emerging technologies, such as the integration of AI and machine learning (ML) into surgical procedures. In this report, the surgical equipment and technologies market is segmented by usability, product category, technology, end user and region. By usability, the market is segmented into disposable and reusable surgical equipment. Product categories includes laparoscopy, orthopedic surgery, neurosurgery, cardio surgery, urology, wound closure, power systems, thoracic surgery, retraction systems, plastic and reconstructive, obstetrics/gynecology and microvascular surgery. By technology, the market is segmented into manual, electrosurgical, manual and wireless surgical equipment. End users are large hospital chains, medium-level specialty hospitals and small clinics.
The market is also segmented into four geographic regions: North America, Europe, Asia-Pacific and the Rest of the World (RoW). Countries focused on include the U.S., Canada, Mexico, France, Germany, the U.K., Italy, Spain, Japan, India, Australia, South Korea and China.
Report Synopsis
| Report Metrics | Details | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||
| Forecast period considered | 2024-2029 | ||||||||||
| Base year market size | $37.6 Billion | ||||||||||
| Market size forecast | $56.6 Billion | ||||||||||
| Growth rate | CAGR of 7.2% from 2024 to 2029 | ||||||||||
| Units considered | $ Millions | ||||||||||
| Segments covered | By Usability, Product Category, Technology, End User, and Region | ||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and the Rest of the World (RoW) | ||||||||||
| Countries covered | U.S., Canada, Mexico, France, Germany, the U.K., Italy, Spain, Japan, India, Australia, South Korea and China | ||||||||||
| Key Market Drivers |
|
||||||||||
| Companies studied |
|
Frequently Asked Questions (FAQs)
- Increase in minimally invasive procedures.
- Increased demand for surgical equipment.
- Technological advancements.
- Replenishment in developed economies.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Consulting Editor’s Credentials
Mariana Kuznietsova, a Life Science Consultant at BCC Research, has 8 years of experience in both academic and industry research developing biochemical and biotechnological applications and laboratory services. She also has a strong background in laboratory equipment trading services covering technical support, complex lab solutions to meet demands of laboratories from a range of areas, such as Academia, Agriculture, Pharma, and Food and Beverage. Mariana holds a Ph.D. in Biochemistry from the Taras Shevchenko National University of Kyiv, Ukraine.
Related Reports
Global Markets for Emerging Medical Device Technologies
The global market for emerging medical devices is estimated to increase from $136.6 billion in 2024 to reach $223.9 billion by 2029, at a compound annual growth rate (CAGR) of 10.4% from 2024 through 2029.
Health and Medical Insurance Providers: Global Markets
The global market for health and medical insurance providers is expected to grow from $2.2 trillion in 2023 to $3.4 trillion by the end of 2028, at a compound annual growth rate (CAGR) of 8.9% during the forecast period of 2023 to 2028.
Medical Robotics and Computer-assisted Surgery: The Global Market
The global market for medical robotics and computer-assisted surgery is expected to grow from $11.5 billion in 2023 and projected to reach $19.5 billion by the end of 2028, at a compound annual growth rate (CAGR) of 11.0% during the forecast period of 2023 to 2028.
Hybrid Operating Room Equipment: Global Markets
This report provides an understanding of the global hybrid operating room equipment market. It includes a market size analysis and a detailed analysis of the market player’s products and strategies. The market is segmented by component, end-user, application, and region.
Track the Latest Global Tariff Developments
In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.
Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.
Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.
With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.
Ready to see what tariff means for your business?
Consult with our experts or request your custom Tariff Impact Brife today
Stay Informed, Stay Competitive
In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.
Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.
Our analysis includes:
- Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
- Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
- Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.
With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.
Don't let tariffs catch you off guard—let our insights guide your strategy.
Recent Reports
Thermo Fisher Scientific Inc.: 360° Company Analysis
This report provides a comprehensive analysis of Thermo Fisher Scientific Inc., covering key details such as key milestones/history, product offerings, technologies, major applications and end-user industries it serves.
Needle-Free Devices: Technologies and Global Markets
The global market for needle-free devices was valued at $15.5 billion in 2024 and is estimated to increase from $17.0 billion in 2025 to reach $27.7 billion by 2030, at a compound annual growth rate (CAGR) of 10.2% from 2025 through 2030.
Koninklijke Philips N.V.: 360° Company Analysis
The report discusses a 360° analysis of Koninklijke Philips N.V. It covers various aspects of Koninklijke Philips N.V., including products, business segments, history, distributors, and financial and strategic development.
Global Thyroid Gland Disorders: Diagnostics and Treatment Market
The global market for diagnostics and treatment of thyroid gland disorders was valued at $15.5 billion in 2024 and is estimated to increase from $16.3 billion in 2025 to reach $21.0 billion by 2030, at a compound annual growth rate (CAGR) of 5.2% from 2025 through 2030.
Global Outpatient Clinics Market
The global outpatient clinics market is expected to grow from $4.4 trillion in 2024 and is projected to reach $6.3 trillion by the end of 2029, at a compound annual growth rate (CAGR) of 7.6% during the forecast period of 2024 to 2029.
Top Trending Reports
Next-Generation Advanced Batteries: Global Markets
The global market for next-generation advanced batteries is estimated to grow from $1.5 billion in 2024 to reach $5.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 28.5% from 2024 through 2029.
Global Pharmaceutical Drugs Industry: Competitive Landscape 2023
This report discusses the global pharmaceutical drugs industry and its competitive landscape in terms of significant player market ranking and top pharmaceutical drugs. Company profiles of the top 50 pharmaceutical companies, innovative products and technologies, trends and market dynamics, competitive intelligence, and regional trends are well-researched and analyzed in this report.
Global Markets and Manufacturing Technologies for Protein Drugs
The global protein drugs market is expected to grow from $441.7 billion in 2024 and is projected to reach $655.7 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.2% during the forecast period of 2024 to 2029.
Biologic Therapeutic Drugs: Technologies and Global Markets
The global market for biologic therapeutic drugs is estimated to increase from $499.2 billion in 2024 to reach $794.5 billion by 2029, at a compound annual growth rate (CAGR) of 9.7% from 2024 through 2029.
Global Markets for Emerging Medical Device Technologies
The global market for emerging medical devices is estimated to increase from $136.6 billion in 2024 to reach $223.9 billion by 2029, at a compound annual growth rate (CAGR) of 10.4% from 2024 through 2029.
Report Highlights
The global market for surgical equipment should grow from $5.0 billion in 2020 to $8.2 billion by 2025, at compound annual growth rate (CAGR) of 10.3% for the period of 2020-2025.
Report Includes
- 271 data tables and 42 additional tables
- An overview of the global market and technologies for general surgical equipment
- Estimation of the market size and analyses of global market trends, with data from 2019, 2020 and projections of compound annual growth rates (CAGRs) through 2025
- Information on the global surgical equipment market structure and technological innovations such as surgical robotics, powered surgical tools, and a significant focus on minimally invasive procedures
- Insights into healthcare regulations, policies and implications; and discussion on regulated or proposed to be regulated medical devices
- Quantification and estimation of market revenues and dynamics for the global surgical equipment market and its segments, by product, usability, supply chain and technology
- Study of the factors impacting market growth and analyze trends and opportunities in major regions, and the trends, gaps and opportunities in each micro market
- Coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies
- Discussion of the impact of COVID-19 on micro and macro environment factors that influence surgical equipment markets
- Company profiles of the market leading participants, including Becton, Dickinson and Co., ConMed, Hologic Inc., Johnson & Johnson and Medtronic PLC
Report Highlights
The global market for surgical equipment reached $4.1 billion in 2012. This is expected to increase to $5 billion in 2013 and about $8.2 billion by the end of 2018, with a compound annual growth rate (CAGR) of 10.3% for the five-year period, 2013 to 2018.
Report Includes
- An overview of the global market for surgical equipment, which is undergoing significant changes with technology innovations such as surgical robotics, the introduction of powered surgical tools, and a significant focus on minimally invasive procedures.
- Analyses of global market trends, with data from 2012, estimates for 2013, and projections of CAGRs for the period of 2013 to 2018.
- A breakdown of general, OB-GYN, arthroscopy, laparoscopy, and other categories of surgical instruments.
- Discussion of the market by supply chain, technology, geography, and by usability of equipment, such as disposable and reusable.
- Examination of the competitive landscape, focusing on mergers and acquisition, partnerships and collaborations, new product launches and innovations, and other developments.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More