Surgical devices market to surpass $287b by 2031 amidst AI, robotics growth
Increasing use of imaging, analytics, and remote surgical support
The global surgical devices market is expected to grow from $188.74b in 2026 to $296.76b by 2031, according to MarketsandMarkets™.
Growth is being driven by wider adoption of robotic surgery, AI-based surgical navigation, digitally connected operating rooms, and minimally invasive procedures.
Increased use of disposable devices, imaging guidance, data analytics, and remote surgical support is also improving surgical precision and reducing infection risks.
The market is also facing stricter regulation, particularly around device safety, cybersecurity, traceability, and post-market surveillance, under frameworks such as the FDA and EU MDR.
In terms of market segmentation, soft-tissue surgical devices led the market in 2025, accounting for approximately 42–46% share, whilst implants represented the largest product segment with a 30–35% market share.
Orthopedic procedures held a leading 20–25% share, and hospitals remained the dominant end-user segment, capturing 65–70% of the market in 2025.