Surgical Devices Market to Reach $296.76 Billion by 2031, Fueled by Minimally Invasive and Robotic Surgery Adoption
According to MarketsandMarkets™, The global surgical devices market is projected to grow from USD 188.74 billion in 2026 to USD 296.76 billion by 2031, registering a CAGR of 9.5% during the forecast period. Market growth is primarily driven by the rising global burden of chronic diseases, increasing adoption of minimally invasive and robotic-assisted surgical procedures, and growing demand for precision-based surgical technologies.
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The increasing prevalence of cardiovascular diseases, cancer, obesity, and orthopedic conditions is significantly driving surgical volumes worldwide. At the same time, advancements in surgical robotics, imaging systems, navigation technologies, and smart operating rooms are enhancing procedural outcomes, improving surgical precision, and optimizing operational efficiency. Additionally, expanding healthcare infrastructure, rising healthcare expenditure, and the growing number of ambulatory surgical centers (ASCs) are accelerating the demand for advanced surgical devices across both inpatient and outpatient settings.
Soft-Tissue Surgical Devices Segment Dominates the Market
By product type, the soft-tissue surgical devices segment accounted for the largest share of the surgical devices market in 2025. This dominance is attributed to their widespread use across high-volume procedures, including general, gastrointestinal, gynecological, urological, cardiovascular, thoracic, and oncological surgeries.
Soft-tissue procedures require a broad range of devices such as sutures, surgical staples, energy-based instruments, trocars, endoscopes, and vessel sealing systems, leading to high device utilization per procedure. The increasing adoption of minimally invasive and robotic-assisted surgeries—many of which focus on soft tissue—further supports the growth of this segment. Additionally, the rising incidence of cancer, gastrointestinal disorders, obesity, and cardiovascular diseases continues to drive demand.
Orthopedic Procedures Segment Leads by Application
By procedure, the orthopedic segment held the largest share of the surgical devices market in 2025. This growth is driven by the high prevalence of musculoskeletal disorders, including osteoarthritis, osteoporosis, fractures, and sports-related injuries.
The aging global population is contributing significantly to the increased demand for orthopedic procedures such as joint replacements, spinal surgeries, and trauma fixation. These procedures require advanced surgical devices, including orthopedic implants, surgical power tools, robotic systems, and imaging guidance technologies. Furthermore, rising sports participation, increasing obesity rates, and continuous advancements in implant materials and surgical techniques are contributing to higher procedure volumes.
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Europe Emerges as the Second-Largest Regional Market
Europe accounted for the second-largest share of the global surgical devices market in 2025, supported by a well-established healthcare infrastructure, high healthcare spending, and a growing geriatric population.
The high prevalence of chronic diseases across major European countries is significantly increasing surgical demand. For instance, a large proportion of adults in countries like Germany are affected by chronic conditions, driving cardiovascular, orthopedic, and general surgical procedures. Additionally, the rising incidence of cancer across countries such as Germany, France, Italy, and Spain is further boosting surgical volumes.
The region is also witnessing increased adoption of minimally invasive and robot-assisted surgical procedures, particularly among elderly populations, further strengthening market growth.
Competitive Landscape
Key players operating in the global surgical devices market include Medtronic (Ireland), Boston Scientific Corporation (US), B. Braun SE (Germany), Johnson & Johnson (US), Stryker (US), Intuitive Surgical Operations, Inc. (US), CONMED Corporation (US), and Olympus Corporation (Japan).
These companies are focusing on product innovation, strategic collaborations, and expansion into emerging markets to strengthen their competitive positioning. Investments in robotic surgery platforms, smart surgical systems, and next-generation implants are expected to remain key growth strategies in the coming years.
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Medical Robots Market – Global Forecast to 2031
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