As per MRFR analysis, the Surgical Boom Market Size was estimated at 13.23 (USD Billion) in 2022.
The Surgical Boom Market Industry is expected to grow from 13.86(USD Billion) in 2023 to 21.1 (USD Billion) by 2032. The Surgical Boom Market CAGR (growth rate) is expected to be around 4.78% during the forecast period (2024 - 2032).
Key Surgical Boom Market Trends Highlighted
The Surgical Boom Market exhibits a dynamic landscape with several key trends shaping its evolution. The surge in minimally invasive surgeries, driven by advanced technologies and improved patient outcomes, is a significant market driver. Additionally, the increasing prevalence of chronic diseases and the aging population contribute to the growing demand for surgical procedures.Technological advancements have led to the development of innovative surgical booms, such as those with integrated imaging and robotic capabilities. These advancements enhance surgical precision, reduce operating time, and improve patient outcomes. The trend towards remote surgeries and telemedicine is also gaining traction, opening up new opportunities for surgical booms in remote and underserved areas.Furthermore, the rise of artificial intelligence (AI) and machine learning (ML) in healthcare is creating new possibilities for surgical booms. AI-powered systems can assist surgeons in decision-making, planning, and monitoring, leading to improved surgical outcomes and reduced complications. The adoption of these technologies is expected to drive the growth of the surgical boom market in the coming years.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Surgical Boom Market Drivers
Rising Prevalence of Surgical Procedures
The rising prevalence of chronic conditions, including cardiovascular disorders, obesity, cancer, and other diseases, is fueling the need for surgical procedures. Moreover, there is a surge in the geriatric population that witnesses an increased risk of falling prey to various age-related disorders. Also, as the amount of surgeries conducted around the world increases, the surgical boom, which is essential in carrying out accurate and successful surgical procedures and for the achievement of better surgical results is also anticipated to rise.
Technological Advancements in Surgical Booms
The Surgical Boom Market Industry is constantly evolving, with new technologies emerging to enhance the precision, safety and efficiency of surgical procedures. The integration of robotics, advanced imaging systems, and AI-powered navigation systems into surgical booms is revolutionizing the surgical landscape. These advancements enable surgeons to perform complex surgeries with greater accuracy, reduce patient recovery time and improve overall surgical outcomes.
Growing Demand for Minimally Invasive Surgery
The trend toward minimally invasive surgical procedures such as laparoscopic and robotic surgery is expected to be the key growth driver for the surgical booms market. This is the reason that the aforementioned procedures offer several benefits over conventional open surgery, which include reduced tissue trauma, lower levels of pain and a faster healing time. For some minimally invasive surgical techniques, such as robotic surgery, booms are a vital tool because they supply the stabilization and precision needed for a surgeon to execute a process through a tiny incision.
Surgical Boom Market Segment Insights
Surgical Boom Market Surgery Insights
The Surgical Boom Market segmentation by Surgery includes Open Surgery, Minimally Invasive Surgery and Robotic Surgery. Open Surgery, the traditional approach, involves making a large incision to access the surgical site. Minimally Invasive Surgery (MIS), also known as laparoscopic or endoscopic surgery, utilizes small incisions and specialized instruments to perform procedures with reduced trauma. Open Surgery held the largest market share in 2023, valued at USD 8.1 billion, attributed to its wide applicability in various surgical procedures.Minimally Invasive Surgery followed with a share of USD 4.5 billion, driven by its advantages of reduced scarring, pain, and recovery time. Robotic Surgery, the fastest-growing segment, is expected to reach a valuation of USD 2.2 billion by 2032, owing to its increasing adoption in complex and delicate surgeries. Market growth in Open Surgery is primarily influenced by the high volume of traditional surgical procedures, particularly in developing regions. Technological advancements, such as the development of advanced surgical tools and techniques, are contributing to the growth of Minimally Invasive Surgery.Robotic Surgery, with its superior precision and control, is gaining traction in specialized surgeries, driving its market expansion. Key factors driving the growth of the Surgical Boom Market include the rising prevalence of chronic diseases, increasing healthcare expenditure, and technological advancements. Government initiatives and support for healthcare infrastructure development, particularly in emerging economies, are also contributing to market expansion.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Surgical Boom Market Application Insights
The Surgical Boom Market is studied on the basis of Segmentation by Application and the segments are divided as follows: Orthopedic Surgery, Cardiovascular Surgery, Neuro Surgery, Gynecological Surgery, Gastrointestinal Surgery. Over the forecast period, the Orthopedic Surgery segment is expected to hold the largest revenue share among other applications. This is attributed to factors such as an increase in the burden of musculoskeletal disorders, a rising number of surgical procedures, technological advancements in orthopedic implants and devices, and a surge in the per capita income of individuals.The Cardiovascular Surgery segment is expected to register a notable growth rate owing to the increase in the incidence of cardiovascular diseases, the rise in technological advancements in surgical techniques, and burgeoning awareness about minimally invasive procedures. The Neuro Surgery segment is anticipated to grow at a decent pace due to factors such as a rise in the number of neurological disorders, an increase in demand for minimally invasive surgeries, and a surge in the adoption of advanced imaging techniques. The Gynecological Surgery segment is expected to record a moderate growth rate due to a rise in the incidence of gynecological disorders, an increase in demand for minimally invasive surgeries, and a surge in the adoption of advanced diagnostic imaging techniques.The Gastrointestinal Surgery segment is expected to grow at a steady pace owing to the surge in the prevalence of gastrointestinal disorders, the rise in demand for minimally invasive surgeries and technological advancements in surgical instruments and devices.
Surgical Boom Market Type Insights
The Surgical Boom Market is segmented by Type into Ceiling Mounted, Floor Standing and Mobile. Among these, the Ceiling-mounted segment held the largest market share in 2023 and is expected to continue its dominance throughout the forecast period. The growth of this segment can be attributed to the increasing adoption of ceiling-mounted surgical booms in hospitals and surgical centers due to their flexibility, space-saving design, and ability to provide optimal positioning of surgical equipment. The Floor Standing segment is expected to witness steady growth over the forecast period, driven by the rising demand for ergonomic and mobile surgical booms in operating rooms.The Mobile segment is projected to experience significant growth, owing to the increasing preference for portable and versatile surgical booms that can be easily moved and positioned according to the surgeon's needs.
Surgical Boom Market Regional Insights
The Surgical Boom Market is segmented into North America, Europe, APAC, South America and MEA. Among these regions, North America held the largest market share in 2023 and is projected to maintain its dominance throughout the forecast period. This growth is attributed to the increasing adoption of advanced surgical technologies, rising prevalence of chronic diseases, and favorable reimbursement policies. Europe is the second-largest market for surgical booms, owing to the presence of a large number of hospitals and clinics, as well as high healthcare expenditure.The APAC region is expected to witness the fastest growth rate during the forecast period due to the increasing demand for surgical procedures and rising healthcare infrastructure in emerging economies such as China and India. South America and MEA are relatively smaller markets for surgical booms, but they are expected to grow steadily over the forecast period.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Surgical Boom Market Key Players And Competitive Insights
Major players in Surgical Boom Market are continuously involved in improving their surgical boom products and are actively engaged in pushing the boundaries of surgical technology. The industry is characterized by a high degree of competition, with leading Surgical Boom Market players investing heavily in research and development to maintain their competitive edge. The market is also witnessing a trend toward consolidation, with major players acquiring smaller companies to expand their product portfolios and geographic reach. Key developments in the Surgical Boom Market include the introduction of new products with advanced features and capabilities, as well as the integration of new technologies such as artificial intelligence and robotics.Stryker, a leading player in the Surgical Boom Market, is well-known for its commitment to innovation and customer satisfaction. The company offers a wide range of surgical boom products, including overhead booms, floor booms, and mobile booms, which are designed to meet the specific needs of various surgical procedures. Stryker's booms are highly ergonomic and offer excellent mobility, making them ideal for use in operating rooms. The company has a strong presence in major markets around the world and is continuously expanding its distribution network to reach new customers. Stryker's focus on research and development has resulted in the introduction of innovative products such as the Stryker Vision Ceiling Mount, which provides surgeons with enhanced visualization and control during surgical procedures.Another key competitor in the Surgical Boom Market is Getinge, which is known for its comprehensive range of surgical equipment and solutions. Getinge offers a wide variety of surgical booms, including ceiling-mounted booms, wall-mounted booms and mobile booms, which are designed to meet the diverse needs of surgical facilities. The company's booms are highly customizable and can be configured to meet the specific requirements of each operating room. Getinge has a strong focus on infection control and offers booms with advanced features such as antimicrobial coatings and air filtration systems. The company has a global presence and is committed to providing its customers with high-quality products and services.
Key Companies in the Surgical Boom Market Include
Surgical Boom Market Industry Developments
The Surgical Boom Market is projected to reach USD 21.1 billion by 2032, exhibiting a CAGR of 4.78% during the forecast period (2024-2032). The increasing prevalence of chronic diseases, growing geriatric population, and technological advancements in surgical procedures are key factors driving market growth.Recent news and current affairs in the market include:Strategic Partnerships and Acquisitions: In 2023, Stryker Corporation acquired Invuity, Inc., a leading provider of augmented reality (AR) surgical navigation systems. This acquisition strengthens Stryker's position in the surgical boom market by incorporating AR technology into its product portfolio.Product Launches and Innovations: In 2024, Medtronic plc launched the StealthStation S8 surgical navigation system, offering enhanced visualization and precision during surgical procedures. In 2025, Olympus Corporation introduced the VISERA ELITE II surgical imaging system, featuring advanced 4K 3D visualization capabilities for improved surgical outcomes.Technological Advancements: The integration of artificial intelligence (AI) and machine learning (ML) technologies in surgical booms is gaining traction, enabling real-time guidance and decision-making during surgeries. The development of robotic surgical booms is revolutionizing the market, offering increased precision, dexterity, and minimally invasive procedures.
Surgical Boom Market Segmentation Insights
| Report Attribute/Metric | Details |
| Market Size 2022 | 13.23(USD Billion) |
| Market Size 2023 | 13.86(USD Billion) |
| Market Size 2032 | 21.1(USD Billion) |
| Compound Annual Growth Rate (CAGR) | 4.78% (2024 - 2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2023 |
| Market Forecast Period | 2024 - 2032 |
| Historical Data | 2019 - 2023 |
| Market Forecast Units | USD Billion |
| Key Companies Profiled | Getinge, B. Braun Melsungen, Karl Storz, HillRom Holdings, BD, Medtronic, Stryker, Olympus Corporation, Smiths Group, Terumo Corporation, STERIS, Zimmer Biomet Holdings, Maquet Holding, Johnson Johnson, ConMed |
| Segments Covered | Surgery, Application, Type, Regional |
| Key Market Opportunities | 1 Enhanced Surgical Precision2 Improved Patient Outcomes3 Reduced Invasive Procedures4 CostEffective Procedures5 Advanced Robotic Systems |
| Key Market Dynamics | Rising demand Technological advancements Increasing prevalence of chronic diseases Government initiatives Growing healthcare expenditure |
| Countries Covered | North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Surgical Boom Market is projected to reach an estimated valuation of 13.86 billion USD in 2023.
The rising prevalence of chronic diseases, increasing adoption of minimally invasive surgical procedures, and technological advancements are major factors driving market growth.
North America is anticipated to dominate the Surgical Boom Market due to a large patient population, well-established healthcare infrastructure, and high adoption rates of advanced surgical technologies.
The Surgical Boom Market is expected to exhibit a CAGR of 4.78% over the forecast period, reaching an estimated 21.1 billion USD by 2032.
Surgical booms are primarily used in operating rooms during surgical procedures, providing support and positioning for surgical equipment and imaging systems.
Key players in the Surgical Boom Market include Getinge, Steris, Skytron, and Maquet.
Challenges include intense competition, stringent regulatory requirements, and the need for continuous technological innovation.
Trends include the adoption of robotic surgery, integration of AI and data analytics, and the rise of remote surgeries.
The growth of the Surgical Boom Market is expected to enhance surgical precision, improve patient outcomes, and reduce recovery times.
Opportunities lie in expanding into emerging markets, developing innovative products, and focusing on cost optimization.
Assistant Manager He holds an experience of about 7+ years in market research and business consulting, working under the spectrum of life sciences and healthcare domains. rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. his expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. in addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives
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