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Surgical Equipment Global Market Report 2025: Projected Growth, Market Drivers, and Emerging Trends

02-03-2025 10:54 AM CET | Health & Medicine

Press release from: The Business Research Company

Surgical Equipment Market Size

Surgical Equipment Market Size

The global surgical equipment market is expected to grow rapidly, with key factors contributing to this growth including advanced technologies, rising healthcare demand, and significant market players driving innovation.

What Is The Projected Market Size Of The Global Surgical Equipment Global Market Report 2025 And Its Growth Rate?
The global surgical equipment market is projected to expand significantly:
• From $34.38 billion in 2024 to $38.16 billion in 2025, a compound annual growth rate (CAGR) of 11.0%.
• It is expected to continue growing to $53.26 billion in 2029 at a CAGR of 8.7%.

This growth can be linked to various factors including high demand for elective surgeries, focus on patient-centric healthcare, capacity building for global health crises, and commitment to environmental sustainability.

What Is Driving The Growth In The Surgical Equipment Global Market Report 2025?
The surge in demand for Minimally Invasive Surgery (MIS) is driving the growth of the surgical equipment market. MIS, which involves minor incisions, is preferred over traditional surgery due to its numerous advantages such as reduced healing time, cost-effectiveness, and lower risk of infections. Medical technology advancements have enabled the development of sophisticated surgical tools suitable for MIS, including Da Vinci surgical systems and electrosurgical equipment, which are anticipated to propel the surgical equipment market throughout the forecast period.

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Who Are The Key Players Driving Surgical Equipment Global Market Report 2025 Growth?
The global surgical equipment market growth is largely driven by the following key players:
• Johnson & Johnson (J&J)
• Abbott Laboratories
• Cousin Surgery LLC
• 3M Company
• Medtronic PLC
• Becton Dickinson and Company
• Philips
• Stryker Corporation
• GE Healthcare
• Meril Life Science Pvt. Ltd
• Boston Scientific Corporation
• Alcon Laboratories Inc.
• B. Braun Melsungen AG
• Zimmer Biomet Holdings Inc.
• Olympus Corporation
• Intuitive Surgical Inc.
• Smith & Nephew plc
• Hoya Corporation
• Ethicon Inc.
• Getinge Group
• Integra LifeSciences Holdings Corporation
• CONMED Corporation
• KLS Martin Group
• Aspen Surgical Products Inc.
• Frankenman International Limited
• Fuhrmann GmbH
• Entrhal Medical GmbH

What Are The Key Trends In The Surgical Equipment Global Market Report 2025?
Key trends shaping the surgical equipment global market include:
• Advancements in robot-assisted surgery
• The use of augmented reality (AR) in surgical procedures
• The emergence of remote and telesurgery
• Customization of surgical instruments
• Development of smart implants and prosthetics

What Are The Segments Of The Global Surgical Equipment Global Market Report 2025?
The report covers the detailed segmentation of the surgical equipment market:
1) Surgical Sutures And Staples
2) Handheld Surgical Devices And Equipment
3) Electrosurgical Devices And Equipment
4) Hospitals And Clinics, Diagnostic Laboratories, Other End Users
5) Public, Private Expenditure Type
6) Instruments Or Equipment, Disposables

Which Region Leads The Surgical Equipment Global Market Report 2025?
In 2024, North America was the largest region in the global surgical equipment market, with Western Europe ranking second. The regions covered in the report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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What Is Covered In The Surgical Equipment Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Surgical Equipment Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Surgical Equipment Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Surgical Equipment Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Surgical Equipment Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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