Handheld Surgical Instruments Market is Forecasted to Reach US$8.7 Billion in 2031, Says Stratview Research

Stratview Research 12-01-26

The global handheld surgical instruments market  size was valued at US$ 6.4 billion in 2024, and is projected to reach US$ 8.7 billion by 2031, witnessing a market growth CAGR of 4.4 % from 2023 to 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global handheld surgical instruments market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:

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Market Statistics:

Market Size in 2024: US$ 6.4 billion

Market Size in 2031: US$ 8.7 billion

Growth (CAGR): 4.4% during 2025-2031

Leading Application Type: Orthopedics

Leading Product Type: Forcep

Leading End-User Type: The hospital

Leading Region: North America

Forecast Period: 2025-2031

Trend Period: 2019-2023

Base Year: 2024

Number of Segments Covered: 4

Number of Tables & Graphs: 100+

Country-Level Market Assessment: 20

Segment Insights & Market Share Analysis of the Handheld Surgical Instruments Market:

The global handheld surgical instruments market is segmented based on application type, product type, end-user type and region.

Based on Application type

  • The handheld surgical instruments market is segmented into general surgery, orthopedic, cardiovascular, neurosurgery, dental, and other applications. Orthopedic surgery is likely to maintain its dominance during the forecast period owing to the increasing incidence of musculoskeletal disorders, fractures, and sports injuries worldwide.
  • This trend is further supported by the growing aging population, which is more susceptible to conditions requiring joint replacement and fracture repair procedures.
  • Orthopedic procedures typically require specialized instruments, such as bone-cutting tools, retractors, and forceps. These procedures involve the use of special equipment that includes bone-cutting instruments, a retractor, and forceps. 
  • The advancement of minimally invasive orthopedic surgeries further increases the demand for high-performance handheld instruments that provide precision and grip to enable speed, control, and recovery time.

Based on the Product type -

  • The handheld surgical instruments market is bifurcated into forceps, scissors, retractors, clamps, and other products. Among these, forceps occupy a significant share, due to their higher usage in surgeries of general surgery, gynecological procedures, and orthopedic surgery. Their ability to precisely grip, manipulate, and reposition tissues or surgical objects makes them a universal tool across all medical disciplines.

Based on the End-User type

  • The market is segmented into hospitals, ambulatory surgical centers, clinics, and other end-users. Hospitals represent the largest share of the handheld surgical instruments market, owing to the high volume of surgical procedures, advanced healthcare infrastructure, and the presence of skilled surgeons.
  • Hospitals make up the largest part of the handheld surgical instrument market thanks to their large numbers of surgeries, advanced hospital structures, and technical surgeons. Their continued investment in cutting-edge technologies – including robotic-assisted systems and advanced laparoscopic tools – further drives demand for precision instruments.
  • Hospitals deal with a range of conditions, from urgent needs to booked operations; hence, the demand is strong for effective, ergonomic, and fitted handheld tools.

To know the most attractive segments, click here for a free sample of the report:

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Which Region Shows the Most Promising Growth Forecast and Opportunity?

North America is anticipated to remain the dominant region in the handheld surgical instruments market over the next six years.

  • In terms of region, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. North America is the largest market for hand-held surgical instruments owing to its well-developed health care facilities, a large number of surgeries conducted every year, and increased health care expenditure.
  • Additional factors contributing to market growth include the presence of key industry players, a strong inclination toward adopting advanced surgical technologies, and well-established regulatory frameworks.
  • Asia-Pacific is the fastest-growing region in the handheld surgical instrument market due to several key factors, including the rapidly expanding healthcare infrastructure, increasing investments in medical facilities, and rising awareness about advanced surgical procedures. The region is also witnessing a growing elderly population and a surge in chronic diseases that require surgical intervention.

Handheld Surgical Instruments Market Drivers:

Some of the key drivers listed in the report are given below.

  • Handheld surgical instruments are manually operated tools used to perform specific tasks during medical procedures. These instruments are essential for functions such as cutting, dissecting, grasping, holding, retracting, and suturing tissues.
  • Typically made from high-grade stainless steel, they are designed to be sterile, durable, and precise. Key handheld surgical instruments are: scalpels for incision, forceps for gripping tissue or objects, scissors for cutting, hemostats for clamping the blood vessels, and needle holders for suturing. 
  •  Ergonomically designed to provide comfort and control during delicate operations, handheld surgical instruments are critical in ensuring surgical precision and efficiency.
  • Handheld instruments may be categorized by whether they are reusable or, at least, sterilizable or, per their use, may need to be disposed of. Depending on their categories, they comprise general surgery, orthopedics, cardiovascular, and neurological surgery, and so on. 
  • This is because appropriate handling, cleaning, and care are very important to enhance the devices’ efficiency and performance, as well as to prevent the associated risks of infection. They are still important in today’s conventional and even in today’s advanced robot-assisted and minimal access surgery.

Competitive Landscape: Top Companies in the Handheld Surgical Instruments Market:

The market is highly fragmented, with the presence of over 70 players. Most of the major players compete in some of the governing factors, including price, service offerings, regional presence, etc. The following are the key players in the handheld surgical instruments market.

Here is the list of the Top Players (Based on Dominance)

  • Integra LifeSciences
  • STERIS
  • Stryker Corporation
  • B. Braun Group
  • KLS Martin Group
  • KARL STORZ

Note: The above list does not necessarily include all the top players in the market.

What Unique Insights Does This Report Offer?

This report provides comprehensive insights into the market, answering critical questions like

  • How big is the sales opportunity?
  • Which regions offer the best sales opportunities?
  • Which are the most attractive market segments?
  • Which are the top players and their market positioning?
  • How complex is the business environment?
  • What are the factors affecting the market?

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It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.

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