PUBLISHER: TechSci Research | PRODUCT CODE: 1878847
PUBLISHER: TechSci Research | PRODUCT CODE: 1878847
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The Global General Surgery Devices Market, valued at USD 17.10 Billion in 2024, is projected to experience a CAGR of 8.91% to reach USD 28.54 Billion by 2030. The Global General Surgery Devices Market comprises medical instruments, equipment, and tools utilized by surgeons across a broad spectrum of procedures, enabling precise incisions, tissue manipulation, suturing, and wound closure in both open and minimally invasive settings. Market growth is primarily supported by a globally aging population and the escalating prevalence of chronic diseases necessitating surgical interventions.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 17.10 Billion |
| Market Size 2030 | USD 28.54 Billion |
| CAGR 2025-2030 | 8.91% |
| Fastest Growing Segment | Laparoscopic Devices |
| Largest Market | North America |
Key Market Drivers
Technological advancements in surgical devices significantly influence the Global General Surgery Devices Market by introducing tools that enhance precision, diminish invasiveness, and improve patient outcomes. Innovations span advanced visualization systems, robotics, and integrated navigation platforms, facilitating complex procedures with heightened efficiency and enabling novel surgical approaches. According to OrthoFeed, in April 2025, Pixee Medical announced FDA 510(k) clearance of Knee+ NexSight, an Augmented Reality guidance solution for total knee arthroplasty, specifically targeting the expanding needs of ambulatory surgical centers. These developments drive the adoption of sophisticated instruments, expanding the market by offering superior alternatives.
Key Market Challenges
The substantial cost associated with general surgical devices presents a significant challenge to the Global General Surgery Devices Market. High acquisition and maintenance expenses for advanced surgical technologies, coupled with complexities in reimbursement, directly restrict access and uptake. This financial burden often limits healthcare providers' capacity to invest in new equipment, particularly within cost-sensitive healthcare systems and emerging economies, thereby impeding market expansion.
This challenge is evident in recent expenditures and investment trends. According to the American Hospital Association, medical supply expenses in the United States collectively reached $146.9 billion in 2023, marking an increase of $6.6 billion over 2022. Such considerable operating costs compel healthcare institutions to defer critical capital investments. Illustrating this, the average age of capital investments for medical equipment and infrastructure across all hospitals increased by 7.1% in 2023. This trend of delayed equipment replacement directly hinders the adoption of newer, advanced general surgery devices, consequently slowing the overall growth of the market.
Key Market Trends
The expansion of ambulatory surgical centers (ASCs) and outpatient settings is profoundly influencing the market by moving surgical procedures from costly inpatient hospital environments to more efficient, patient-centric facilities. This shift is driven by lower operational costs, improved patient convenience, and shorter recovery times for suitable procedures. According to the Ambulatory Surgery Center Association (ASCA), in December 2023, the median number of patient encounters per year in participating ASCs increased to 4,000 from 3,483 in 2021, demonstrating a notable rise in procedural volume within these settings. This trend necessitates a diverse range of general surgery devices optimized for efficiency and rapid turnover.
In this report, the Global General Surgery Devices Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies presents in the Global General Surgery Devices Market.
Global General Surgery Devices Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: