PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1720016
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1720016
Powered Surgical Instruments Market size was valued at USD 2,648 Million in 2024, expanding at a CAGR of 3.50% from 2025 to 2032.
Powered surgical instruments are precision-engineered technological instruments used during surgical procedures. These instruments increase efficiency and shorten the time required for surgery. These instruments provide precision drilling, cutting, sculpting, shaving, ultrasonic cell disruption, and other practices used in orthopedic surgery, neurosurgery, oral, and plastic reconstructive surgeries, among others.
Powered Surgical Instruments Market- Market Dynamics
Surge In Surgical Procedures Boosts Powered Surgical Instruments Market
The increasing number of surgical procedures is expected to drive future growth in the powered surgical instruments market. Surgery is a medical specialty and branch of medicine that treats diseases, injuries, or conditions using operative procedures. These surgeries make use of powered surgical instruments to simplify tasks like sawing and drilling, resulting in greater efficiency and consistency. For instance, in June 2024, the American Society of Plastic Surgeons (ASPS), a US-based plastic surgery specialty organisation, reported that liposuction was the most popular plastic surgery in 2023, with nearly 350,000 procedures performed, a 7% increase from 2022, while hand surgeries totaled 207,887, up 2% and maxillofacial surgeries totaled 52,868, a 1% increase over the previous year. As a result, the market for powered surgical instruments is being driven by the rise in surgical procedures.
Powered Surgical Instruments Market- Key Insights
As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 3.50% over the forecast period (2025-2032)
The hand pieces segment had the largest market revenue share in 2024, according to product segmentation.
During the forecast period, the ENT surgery segment is anticipated to grow at a significant compound annual growth rate (CAGR) based on end-user segmentation.
In terms of region, North America was the largest revenue generator in 2024.
The Global Powered Surgical Instruments Market is segmented based on Product, Application, and Region.
The market is segmented into three segments according to Product: Handpiece, Power Source & Control and Accessories. In 2024, the hand pieces segment accounted for the largest market revenue share. The rise in minimally invasive surgical procedures that necessitate precise and efficient instruments has increased the demand for advanced hand pieces. These devices give surgeons greater control and accuracy, which is critical for delicate procedures. Furthermore, technological advancements have resulted in the development of more ergonomic and user-friendly handpieces, which improve surgeon comfort and reduce fatigue during long procedures. The growing prevalence of chronic diseases necessitating surgical intervention, as well as the growing aging population, both contributes to the demand for surgeries.
According to applications, the market is separated into six categories: Orthopedic, Neurosurgery, Cardiovascular Surgery, Plastic Surgery, ENT Surgery, and Others. The ENT surgery segment is expected to grow at a significant CAGR over the forecast period. The rising prevalence of ENT-related disorders, such as chronic sinusitis, hearing loss, and sleep apnea, is propelling the segment forward. An aging population also adds to the demand, as older people are more prone to conditions that necessitate ENT surgeries. Furthermore, increased healthcare access and awareness of available treatments encourage more patients to choose surgical options.
Powered Surgical Instruments Market- Geographical Insights
This market is geographically distributed across North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. These regions are further divided based on the countries bringing commerce. North America had the highest market revenue share in 2024. The region's population is aging, which increases the prevalence of age-related health conditions requiring surgical intervention. Furthermore, the prevalence of chronic diseases such as cardiovascular and orthopedic issues has increased, necessitating more surgical procedures. Technological advancements have also played an important role, as newer powered surgical instruments provide greater precision, efficiency, and safety, which are highly valued in modern surgical practices.
Asia Pacific is expected to see a significant CAGR in the coming years. The region's healthcare infrastructure is rapidly expanding, owing to increased government investment and the expansion of private healthcare facilities. This expansion is accompanied by an increasing population, including an aging population that necessitates more surgical procedures. Furthermore, the region's economic growth has increased access to healthcare services and technologies, making advanced surgical instruments more readily available.
The powered surgical instruments market is dominated by intense competition among major players like Medtronic, Stryker, Zimmer Biomet, and DePuy Synthes. The players are concentrating on innovation and the creation of sophisticated surgical technologies to improve accuracy and efficiency in surgeries. The demand for minimally invasive surgeries and the rise in the incidence of chronic diseases are fueling market growth. In addition, strategic alliances and acquisitions are on the rise as companies seek to diversify product offerings and enhance patient outcomes. The industry is also experiencing waves of automation and integration of smart technologies, making the competitive situation even more intensified. For instance, in June 2024, Zimmer Biomet announced a collaboration with THINK Surgical to provide the TMINI, a miniature handheld robotic system for total knee arthroplasty. The TMINI expands Zimmer Biomet's existing ROSA Robotics portfolio by offering surgeons a wireless, ergonomic option for knee replacements. This collaboration aims to increase the use of robotic assistance in orthopedic surgeries, particularly in walk-in centers.
In September 2021, Panther Healthcare introduced the Smart Powered Stapler platform to provide intelligent and automatic control over tissue compression, transection, and resection in gastrointestinal (including bariatric), thoracic, colorectal, oncology, gynecologic, and other open and laparoscopic surgical procedures.
In March 2021, Ethicon released the ECHELON+ Stapler with GST Reloads, a new powered surgical stapler designed to improve staple line security and reduce complications through more uniform tissue compression and improved staple creation across the globe.
In April 2024, MOLLI Surgical introduced the OncoPen, a minimally invasive surgical pen that helps surgeons achieve better outcomes in breast cancer surgery.