Surgical instruments

Main article: Surgery

Chronicle

2023: Global Disposable Surgical Instruments Market Size Grew 8% to $5.95 Billion for the Year

At the end of 2023, the global market for disposable surgical instruments reached $5.95 billion. For comparison, in 2022, costs were estimated at $5.5 billion. Thus, there was an increase of 8%. In the future, the positive dynamics will continue, as stated in the Market Research Future study, the results of which were published in July 2024.

It is noted that hospitals and health care providers prioritize patient safety and seek to minimize the risk of infections in surgical interventions. The use of disposable tools helps to avoid cross-contamination. At the same time, manufacturers continue to invest heavily in research and development, which leads to the creation of better and more efficient products. Such products increase surgical accuracy and safety, which contributes to the growing popularity of disposable instruments. Another market driver is the increasing number of minimally invasive surgical procedures.

Among the key areas of use of disposable products are neurosurgery, plastic and reconstructive surgery, obstetrics and gynecology, as well as cardiovascular, orthopedic and general surgery. In 2023, overall surgery demonstrated the largest share in terms of costs in the market under consideration. Significant players in the industry include Braun Melsungen AG, Smith & Nephew plc, Zimmer Biomet, Alcon Laboratories, Aspen Surgical, Medtronic, Becton, Dickinson and Company, Ethicon, CooperSurgical and Surgical Innovations.

According to Market Research Future analysts, the global disposable surgical instruments market will demonstrate a CAGR (compound percentage CAGR) of about 8.5%. As a result, the industry will reach approximately $11.1 billion by 2032.^[1]

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