Powered Surgical Instruments Market Analysis

Powered Surgical Instruments Market Analysis

To get key market trends

  Download Free Sample

The market is divided into handpieces and accessories based on product type. The handpieces segment is further categorized into drill systems, reamer systems, saw systems, staplers, shavers, and other handpieces. The accessories segment is subdivided into surgical accessories and electrical accessories. The handpieces segment is projected to reach USD 2.3 billion by 2032.
 

• The increasing prevalence of minimally invasive surgical procedures, which require precise and efficient instruments, has driven the demand for advanced handpieces. These devices offer surgeons improved control and accuracy, essential for delicate operations. According to HAIR & SKIN, minimally invasive procedures account for approximately 70% of all surgeries performed globally as of 2024, highlighting the significance of advanced handpieces in modern surgical practices.
   
• Technological advancements have led to the development of more ergonomic and user-friendly handpieces. These improvements enhance surgeon comfort and reduce fatigue during extended procedures, contributing to the segment's growth.
   

Based on application, the powered surgical instruments market is segmented into cardiothoracic surgery, orthopedic surgery, cardiovascular surgery, neurosurgery, ENT surgery, plastic surgery, and other applications. The orthopedic surgery segment dominated the market with the largest revenue of USD 864.1 million in 2023.
 

• The increasing prevalence of musculoskeletal disorders, including osteoarthritis, rheumatoid arthritis, and osteoporosis, has heightened the demand for orthopedic surgeries. According to the World Health Organization (WHO), musculoskeletal conditions affect approximately 1.71 billion people globally. This expanding patient population is a primary factor driving the need for powered surgical instruments used in procedures such as joint replacements and fracture management. As a result, the orthopedic surgical instruments market is experiencing significant growth to meet this rising demand.
   
• Additionally, the aging global population has led to a higher incidence of age-related orthopedic conditions. The United Nations reports that by 2050, 1 in 6 people worldwide will be over age 65, up from 1 in 11 in 2019. Elderly individuals are more susceptible to joint degeneration, fractures, and spinal issues. The Centers for Disease Control and Prevention (CDC) states that osteoarthritis affects over 32.5 million adults in the U.S. alone. This trend has substantially increased the demand for surgical interventions and hence powered instruments essential for these complex procedures, driving innovation in orthopedic surgical technology.
   

The powere surgical instruments market is segmented into battery-powered, pneumatic, and electric instruments based on power source. The electric instruments segment is projected to reach USD 2.1 billion by 2032.
 

• Continuous advancements in electric-powered surgical instruments are fueling market growth. These improvements include enhanced motor efficiency, better ergonomics, and longer battery life. The development of more powerful, lightweight, and versatile electric surgical tools allows surgeons to perform a wide range of complex procedures with greater precision and control.
   
• Electric-powered surgical instruments offer superior precision, control, and consistency compared to manual tools, leading to improved surgical outcomes. These instruments are designed to reduce human error and increase procedural efficiency, which is crucial in complex surgeries. Consequently, they have become essential components in modern operating rooms.
   

The powered surgical instruments market is segmented by end use into hospitals, ambulatory surgical centers (ASCs), clinics, and other end users. In 2023, the hospitals segment was valued at USD 1.6 billion.
 

• The adoption of advanced powered surgical instruments in hospitals is driven by the expansion of healthcare infrastructure, particularly in emerging economies. Governments and private healthcare providers are making significant investments in new hospitals and surgical centers, increasing the demand for modern surgical equipment, including powered instruments. For example, the India Investment Grid (IIG) reported 1,159 healthcare sector investment projects across all Indian states, totaling USD 31.38 billion in 2023. This trend is expected to continue, further stimulating the market of advanced medical devices including powered surgical instruments.
   
• Hospitals are also prioritizing improved surgical efficiency and patient outcomes. Powered surgical instruments contribute to reduced operating times, minimized tissue damage, and enhanced precision during surgeries. These instruments also improve surgeon performance by providing greater control and reducing fatigue during lengthy procedures.
   

The North America powered surgical instruments market was valued at USD 1.2 billion in 2023 and is expected to grow at a CAGR of 4.1% over the forecast period.

• North America has a high prevalence of chronic diseases, including cardiovascular disorders, cancer, and musculoskeletal conditions such as osteoarthritis and osteoporosis. The Centers for Disease Control and Prevention (CDC) estimates that approximately 129 million individuals in the U.S. are affected by at least one major chronic disease, such as heart disease, cancer, diabetes, obesity, or hypertension.
   
• These health issues often require surgical interventions, increasing the demand for powered surgical instruments in procedures like joint replacements, fracture repairs, and spinal surgeries. This high prevalence of chronic diseases is likely to sustain the demand for advanced surgical instruments in the region.
   

The powered surgical instruments market in the UK is expected to experience significant growth from 2024 to 2032.
 

• The National Health Service (NHS) is investing in modernizing and upgrading surgical tools and equipment. The UK government's commitment to improving healthcare infrastructure and patient outcomes has led to an increased emphasis on adopting advanced technologies that enhance the quality and efficiency of surgical procedures. This investment is expected to boost the adoption of powered surgical instruments across NHS facilities.
   
• The UK has experienced an increase in sports-related injuries, leading to higher demand for surgical interventions such as arthroscopy and fracture repair. Powered surgical instruments play a crucial role in these procedures, contributing to the expanding market in sports medicine and orthopedic surgeries.
   

The Japan powered surgical instruments market is anticipated to witness substantial growth between 2024 and 2032.
 

• Japan's aging population has led to an increased prevalence of age-related health conditions, particularly orthopedic and cardiovascular diseases. This demographic shift is driving the demand for surgical procedures, consequently increasing the need for powered surgical instruments used in various operations, including joint replacements and cardiac surgeries.
   
• Japan's healthcare sector is known for its focus on innovation and advanced technology. The ongoing development of high-tech powered surgical instruments, such as precision drills, saws, and robotic-assisted tools, enhances surgical efficiency and improves patient outcomes, further driving market growth.
   

The powered surgical instruments market in Saudi Arabia is expected to experience significant growth from 2024 to 2032.
 

• The Saudi government is investing in healthcare infrastructure as part of its Vision 2030 initiative, which aims to diversify the economy and enhance healthcare services. This increased investment in hospitals and healthcare facilities is driving the demand for advanced powered surgical instruments, contributing to the modernization of surgical practices across the country.
   
• The expansion of public and private healthcare facilities in urban and rural areas is creating a higher demand for modern surgical tools. New hospitals and surgical centers require advanced powered surgical instruments to meet the needs of the growing patient population, ensuring better surgical outcomes and patient care throughout the Kingdom.