Next Move Strategy Consulting
Handheld Surgical Equipment Market Report: Trends, Insights, and Forecast for 2030
Handheld Surgical Equipment Market Report: Trends, Insights, and Forecast for 2030
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The global Handheld Surgical Equipment Market is projected to reach USD 6.67 billion by the end of 2025 and USD 9.21 billion by 2030, growing at a CAGR of 6.7% from 2025 to 2030. The market is experiencing significant growth due to increasing demand for precise, minimally invasive surgical tools, fueled by the rise in chronic diseases and an aging population, particularly in orthopedics, cardiovascular health, and cancer treatment.
North America dominates the market, driven by substantial healthcare spending, which reached USD 4.9 trillion in 2023, according to the Centers for Medicare & Medicaid Services. This spending supports the adoption of advanced handheld surgical instruments. Additionally, the growing demand for minimally invasive surgeries, especially in gynecology, further boosts the market in the region.
The industry is highly competitive, with key players driving innovation and strategic expansion. Notable developments include Zimmer Biomet’s acquisition of Embody, Inc., a medical device company focused on soft tissue healing, in 2023, and Medtronic’s FDA approval for the Symplicity Spyral renal denervation (RDN) system for hypertension treatment. Leading firms continue to innovate to maintain their market positions.
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