Towards Healthcare

Surgical Equipment Companies Strategic Expansion Initiatives, Revenue Diversification, Strategic Joint Ventures, Licensing and Monetization

Date: January 2025

Surgical Equipment Manufacturers and Market Growth

The surgical equipment market was estimated at US$ 16.91 billion in 2023 and is projected to grow to US$ 45.61 billion by 2034, rising at a compound annual growth rate (CAGR) of 9.44% from 2024 to 2034.

Top Companies in the Surgical Equipment Market

  • Aesculap Implant Systems, Inc.
  • ARCH Medical Solutions
  • Arthrex
  • BioRad Medisys Pvt. Ltd.
  • Bricon GmbH
  • InTech Medical
  • KLS Martin Group
  • Medtronic Plc
  • Miraclus Orthotech Pvt. Ltd.
  • Precision Spine, Inc.
  • Trauson Medical Instruments

Innovation by Arthrex in the Surgical Equipment Market

Company Name Arthrex
Headquarters Naples, Florida, United States
Recent Development In January 2023, Arthrex announced the clearance of its ACL TightRope implant from the US FDA for pediatric indications. The implant is used in the surgical treatment of orthopedic injuries and is the first and only fixation device for pediatric ACL injuries.

Innovation by Medtronic Plc in the Surgical Equipment Market

Company Name Medtronic Plc
Headquarters Dublin, Ireland

Recent Development

 

In May 2024, in order to broaden the indications of its Hugo robotic-assisted surgery system to include gynecology and hernias, Medtronic announced the start of new clinical trials. At Duke University Hospital in Durham, North Carolina, a robotically assisted bilateral inguinal hernia repair operation marked the start of the Enable Hernia Repair U.S. clinical study.

U.S. Trade Summary: Surgical Equipment Market Shipments

CONSIGNEE NAME SHIPPER NAME PRODUCT DESCRIPTION QUANTITY WEIGHT
SENADUANA FREIGHT FORWARDERS INC JK MEDITECH CO LIMITED USED DIGITAL DENTAL XRAY9022.13 1 712
RAYES INC CATHAY CONSOLIDATED INC AIR CELL P/O NO. 0007003, 0007200 126 1523
ANATOMY SUPPLY PARTNERS LLC SCOPE MEDICAL DEVICES PRIVATE LIMITED LARYNGOSCOPE ON HUMAN USE ARE MADE OUT OF STEEL 18 311
CORPORATIVO ENCISO CARDINAL HEALTH MALTA 212 LIMITED MEDICAL INSTRUMENTS 704 3448
VESCO MEDICAL C O QUAL MED SUPPLY STERIPACK ASIA SDN BHD ELECTRO-MEDICAL INSTRUMENTS AND APPLIANCES 177 1229
BAXTER HEALTHCARE CORP BAXTER HEALTHCARE SA SINGAPORE BRAN DISPOSABLE HOSPITAL SUPPLIES I NTRAV 6204 20984
KAWASUMI LABORATORIES AMERICA INC KAWASUMI LABORATORIES THAILAND CO CO LIMITED MULTIPLE BLOOD COLLECTION KIT PORT ACCESS INFUSION SET 4032 6428
MACOPHARMA CANADA INC MACO PRODUCTIONS POLONIA SP Z O O 20 PKGS WITH BLOOD COLLECTION KITS 20 8537