Press release
2025-2034 Handheld Surgical Devices And Equipment Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Handheld Surgical Devices And Equipment Market Through 2025?
In recent times, there has been significant growth in the handheld surgical devices and equipment market. The projection for this market is to expand from a $8.11 billion valuation in 2024 to $8.86 billion in 2025, which signifies a compound annual growth rate (CAGR) of 9.3%. The escalation observed in the historic period is creditable to factors such as the aging population, rise in minimally invasive surgeries (mis), enhancements in healthcare infrastructure, and stringent regulatory compliance.
What's the Projected Size of the Global Handheld Surgical Devices And Equipment Market by 2029?
The market for handheld surgical devices and equipment is predicted to experience robust growth in the upcoming years, reaching an estimated value of $12.68 billion in 2029 at a compound annual growth rate (CAGR) of 9.4%. This predicted growth during the forecast period is primarily due to factors including the rise of telemedicine and remote surgery, growth in emerging markets, robotics and automation, and personalized medicine. Key trends during this period will include the miniaturization and portability of devices, digital integration and connectivity, use of sustainable and eco-friendly materials, as well as the application of augmented reality (AR) and virtual reality (VR).
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Top Growth Drivers in the Handheld Surgical Devices And Equipment Industry: What's Accelerating the Market?
The handheld surgical devices and equipment market is being propelled by the growing demand for aesthetic surgeries. This surge in demand is attributable to a rise in per capita disposable income. As per the ASPS data from 2022, approximately 1.5 million cosmetic surgeries took place in that year alone. Liposuction emerged as the most preferred cosmetic surgery in 2022, with an impressive tally of 325,669 procedures.
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Which Emerging Trends Are Transforming the Handheld Surgical Devices And Equipment Market in 2025?
The FDA categorizes medical devices into Class I, Class II, and Class III devices according to their levels of risk and the necessary regulatory controls that offer an acceptable level of assurance for safety and effectiveness. Non-powered, hand-operated devices like scalpels, forceps, and retractors, typically used in a range of general surgical procedures, are recognized as hand-held surgical devices. These hand-held surgical devices come under the classification of Class I medical devices, usually posing the least risk to the patient or user. An exemption is given to these devices from the premarket notification procedures 510(k).
What Are the Main Segments in the Handheld Surgical Devices And Equipment Market?
The handheld surgical devices and equipment market covered in this report is segmented -
1) By Product: Scalpels, Forceps, Retractor, Dilators, Graspers, Other Products
2) By Application, Neurosurgery, Cardiovascular, Orthopedic, Plastic And Reconstructive Surgery, Obstetrics And Gynecology, Other Applications
3) By End-User: Hospitals, Specialized Clinics, Long-Term Care Centers, Ambulatory Surgery Centers, Other End Users
Subsegments:
1) By Scalpels: Disposable Scalpels, Reusable Scalpels
2) By Forceps: Hemostatic Forceps, Tissue Forceps, Surgical Forceps
3) By Retractors: Handheld Retractors, Self-Retaining Retractors
4) By Dilators: Urethral Dilators, Cervical Dilators, Esophageal Dilators
5) By Graspers: Laparoscopic Graspers, Endoscopic Graspers
6) By Other Products: Surgical Hooks, Scissors, Clamps, Spatulas, Needle Holders
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Which Top Companies are Driving Growth in the Handheld Surgical Devices And Equipment Market?
Major companies operating in the handheld surgical devices and equipment market include B. Braun Melsungen AG, Medtronic plc, Smith & Nephew, Johnson & Johnson Services Inc., Integra LifeSciences Corporation, Zimmer Biomet, CooperSurgical Inc., Becton Dickinson and Company, Moria, Pelion Surgical, Elite Medical, Millennium Surgical, Gsource LLC, Medicon eG, Sklar Corporation, Ethicon US LLC., Erbe Elektromedizin GmbH, CONMED Corporation, Synergetics USA Inc., Stryker Corporation, Karl Storz SE & Co. KG, KLS Martin, Grena Ltd., Maxer Endoscopy GmbH, GPC Medical Ltd., Teleflex Incorporated, Cook Medical LLC, Richard Wolf GmbH, Microline Surgical Inc., Applied Medical Resources Corporation, Olympus Corporation, Boston Scientific Corporation, Wexler Surgical Inc., Surgmed Group
Which Regions Will Dominate the Handheld Surgical Devices And Equipment Market Through 2029?
North America was the largest region in the global handheld surgical devices market in 2024. Western Europe was the second-largest region in the global handheld surgical devices market. The regions covered in the handheld surgical devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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