Global Hand-held Surgical Instruments Market Size Study, By Product, By Application, By End-use, and Regional Forecasts 2022-2032

Description

The global hand-held surgical instruments market was valued at USD 5.41 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 7.2% over the forecast period 2024-2032. Hand-held surgical instruments are fundamental tools across a variety of surgeries, including orthopedic, cardiology, and minimally invasive procedures. These instruments are indispensable for enabling precision, durability, and ergonomic support, which are crucial for modern surgical practices.

Growing demand for minimally invasive surgeries, advancements in surgical technologies, and the increasing prevalence of chronic diseases are some of the primary drivers of market growth. For instance, the aging global population, particularly individuals aged over 65, is significantly contributing to an increased volume of cardiovascular and orthopedic procedures. Moreover, the consistent development of robotic-assisted surgeries and specialized hand-held tools enhances surgeon accuracy and patient outcomes.

In terms of products, the forceps segment held the largest market share in 2024, driven by its versatile application across multiple surgical disciplines. Meanwhile, the graspers segment is expected to record the fastest growth during the forecast period due to increasing adoption in minimally invasive surgical techniques. Similarly, the hospital end-use segment continues to dominate the market owing to the higher volume of surgical procedures and availability of advanced medical technologies in these settings.

Geographically, North America holds a significant market share due to its advanced healthcare infrastructure and high surgical volume. However, the Asia-Pacific region is projected to witness the fastest growth rate during the forecast period, supported by rising healthcare investments, the proliferation of minimally invasive procedures, and increasing access to advanced medical tools in countries like China and India.

Major market players included in this report are:

Medtronic
Stryker Corporation
Johnson & Johnson Services, Inc.
B. Braun Melsungen AG
Integra LifeSciences Corporation
Smith & Nephew
Zimmer Biomet Holdings
Becton, Dickinson and Company
CooperSurgical, Inc.
Thompson Surgical Instruments Inc.
Aspen Surgical
Teleflex Incorporated
Wexler Surgical
Alcon, Inc.
StarFish Medical

The detailed segments and sub-segment of the market are explained below:

By Product

Forceps
Retractors
Dilators
Graspers
Scalpels
Cannulas
Dermatomes
Trocars
Others

By Application

Orthopedic Surgery
Cardiology
Ophthalmology
Plastic Surgery
Neurosurgery
Wound Care
Others

By End-use

Hospitals
Clinics
Ambulatory Surgical Centers
Others

By Region:

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Italy
- Spain
- Denmark
- Sweden
- Norway
Asia Pacific
- Japan
- China
- India
- Australia
- South Korea
- Thailand
Latin America
- Brazil
- Argentina
Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Kuwait

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Hand-held Surgical Instruments Market Executive Summary

1.1. Global Hand-held Surgical Instruments Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Application
- 1.3.3. By End-use
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Hand-held Surgical Instruments Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Hand-held Surgical Instruments Market Dynamics

3.1. Market Drivers
- 3.1.1. Rising volume of global surgical procedures
- 3.1.2. Advancements in surgical instrument technology
- 3.1.3. Increasing demand for minimally invasive surgeries
3.2. Market Challenges
- 3.2.1. High costs of advanced surgical tools
- 3.2.2. Regulatory complexities
3.3. Market Opportunities
- 3.3.1. Expanding healthcare infrastructure in emerging markets
- 3.3.2. Growing adoption of robotic-assisted surgeries

Chapter 4. Global Hand-held Surgical Instruments Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Hand-held Surgical Instruments Market Size & Forecasts by Product (2022-2032)

5.1. Segment Dashboard
5.2. Global Hand-held Surgical Instruments Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Forceps
- 5.2.2. Retractors
- 5.2.3. Dilators
- 5.2.4. Graspers
- 5.2.5. Scalpels
- 5.2.6. Cannulas
- 5.2.7. Dermatomes
- 5.2.8. Trocars
- 5.2.9. Others

Chapter 6. Global Hand-held Surgical Instruments Market Size & Forecasts by Application (2022-2032)

6.1. Segment Dashboard
6.2. Global Hand-held Surgical Instruments Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Orthopedic Surgery
- 6.2.2. Cardiology
- 6.2.3. Ophthalmology
- 6.2.4. Plastic Surgery
- 6.2.5. Neurosurgery
- 6.2.6. Others

Chapter 7. Global Hand-held Surgical Instruments Market Size & Forecasts by End-use (2022-2032)

7.1. Segment Dashboard
7.2. Global Hand-held Surgical Instruments Market: End-use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 7.2.1. Hospitals
- 7.2.2. Clinics
- 7.2.3. Ambulatory Surgical Centers
- 7.2.4. Others

Chapter 8. Global Hand-held Surgical Instruments Market Size & Forecasts by Region (2022-2032)

8.1. North America Hand-held Surgical Instruments Market
- 8.1.1. U.S. Hand-held Surgical Instruments Market
- 8.1.2. Canada Hand-held Surgical Instruments Market
- 8.1.3. Mexico Hand-held Surgical Instruments Market
8.2. Europe Hand-held Surgical Instruments Market
- 8.2.1. UK Hand-held Surgical Instruments Market
- 8.2.2. Germany Hand-held Surgical Instruments Market
- 8.2.3. France Hand-held Surgical Instruments Market
- 8.2.4. Italy Hand-held Surgical Instruments Market
- 8.2.5. Spain Hand-held Surgical Instruments Market
- 8.2.6. Denmark Hand-held Surgical Instruments Market
- 8.2.7. Sweden Hand-held Surgical Instruments Market
- 8.2.8. Norway Hand-held Surgical Instruments Market
8.3. Asia Pacific Hand-held Surgical Instruments Market
- 8.3.1. Japan Hand-held Surgical Instruments Market
- 8.3.2. China Hand-held Surgical Instruments Market
- 8.3.3. India Hand-held Surgical Instruments Market
- 8.3.4. Australia Hand-held Surgical Instruments Market
- 8.3.5. South Korea Hand-held Surgical Instruments Market
- 8.3.6. Thailand Hand-held Surgical Instruments Market
8.4. Latin America Hand-held Surgical Instruments Market
- 8.4.1. Brazil Hand-held Surgical Instruments Market
- 8.4.2. Argentina Hand-held Surgical Instruments Market
8.5. Middle East & Africa Hand-held Surgical Instruments Market
- 8.5.1. South Africa Hand-held Surgical Instruments Market
- 8.5.2. Saudi Arabia Hand-held Surgical Instruments Market
- 8.5.3. UAE Hand-held Surgical Instruments Market
- 8.5.4. Kuwait Hand-held Surgical Instruments Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Medtronic
- 9.1.2. Zimmer Biomet
- 9.1.3. B. Braun Melsungen AG
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Medtronic
- 9.3.2. Zimmer Biomet
- 9.3.3. Johnson & Johnson Services, Inc.
- 9.3.4. Becton, Dickinson and Company
- 9.3.5. CooperSurgical, Inc.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes