Surgical Equipment Market Estimates, Share, Vendors, Growth
Rate Forecast 2014-2025
“Surgical Equipment Market is expected to experience brisk growth due to rise
in demand for nominal hostile surgeries over the forecast period. Novel
technologies such as robot and power assisted medical tools introduction in
recent past is estimated to further enhance industry growth.”
Global surgical equipment/instruments market was valued at USD 10.5 billion in 2016 and is expected to reach
a value of USD 20.3 billion by 2025. Global Surgical Equipment Market is expected to experience brisk growth
due to rise in demand for nominal hostile surgeries over the forecast period. Novel technologies such as robot
and power assisted medical tools introduction in recent past is estimated to further enhance industry growth.
Surgical tools are medicinal devices that serve some specific need during any surgery. These devices allow the
physical alteration of biological tissue to deliver access to internal body parts. This equipment’s are tools that
are used to complete functions such as suturing cutting, holding, dissecting, retracting, or grasping. These
instruments are hand handled or sometimes power based robotic devices.
Technologies viz. robotic based medical devices and minimally invasive medical equipment development are
presumed to be key driving factors for the surgical equipment market. Rise in aged population coupled with
increase in medical processes is estimated to fuel the growth over the forecast period. Modernization in
operating devices which provide improved & better outcomes along with increase in demand for less
complicated procedures are some important success factors that are expected to contribute for the global
growth over the six year period. Growth in adaptation and approval for arthroscopy and minimal invasive
procedures usages due to convenience is expected to further complement the market growth. Growth in
demand for advanced twisted healing materials such as medical adhesives, glues, high-strength hemostats,
fibrin, and other sealants used on daily basis for medical procedures are presumed to hinder the growth.
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