Sterile Disposable Surgical Instruments Market Size, Share, Growth, Trends, and Global Industry Analysis: By Instrument Type (Surgical Sutures & Staples, Handheld Surgical Equipment, Electro Surgical Equipment, and Others), By Application (Hospitals, Clinics, and Others), and Region  

Sterile Disposable Surgical Instruments Market size was valued at 33720.80 million in 2022 and is poised to grow at a CAGR of 6.3% from 2023-2029. The features that are blooming in the global sterile disposable surgical instruments market are the increasing incidence of road accidents and the rising occurrence of chronic disorders. According to World Federation of Neurology statistics, 12 in every 100 patients die due to neurological disorders. Additionally, as per the Association for Safe International Road Travel, nearly 2.35 million people are injured every year due to road accidents.

Moreover, with the rising need for surgeries to treat chronic cardiovascular disorders in both developed and developing countries, there is an expected rise in the demand for sterile disposable surgical equipment in the forecast period. The global market is surging owing to frequent acquisitions, product launches, and collaborations by the market players. Increased demand for robotic-aided surgery and an increase in the senior population, which is more sensitive to eye ailments, stomach disorders, intestinal disorders, and other health concerns, are two reasons driving the surgical equipment market expansion. Robotic-assisted surgery is a sort of minimally invasive surgery in which doctors employ technology to gain more control, access, and precision throughout the procedure. Inadequate quality assurance in terms of performance, incorrect sterilizing processes for reused equipment, and the lack of a positive regulatory environment in developing nations are all factors that impede market growth. During the projected period, however, R&D in the field of surgical equipment is expected to provide new opportunities.