Global Surgical Boom Market Trends, Forecast Report 2025-2037
Surgical Boom Market size is projected to increase from USD 294.89 million to USD 509.75 million, exhibiting a CAGR of over 4.3% during the forecast period, from 2025 to 2037. In the year 2025, the industry size of surgical boom is evaluated at USD 305.03 million.
The market growth is led by rising number of surgeries being performed over the world as a result of rising cases of diseases, illnesses, and disorders across the globe. Statistics revealed by the National Library of Medicine stated that approximately 310 million major surgeries are performed each year worldwide. Out of these, around 40 to 50 million surgeries are performed in the United States and around 20 million in the European region. As surgical booms are extensively used in surgical procedures, the increasing number of surgeries is anticipated to fuel the global surgical boom market size.
The demand for surgical booms has intensified in recent years to improve the operating room settings, reduce the wiring requirement, and enhance overall safety during surgical procedures. Furthermore, increasing development of integrated and hybrid operating rooms in hospital settings with advanced medical equipment along with the need for digital devices for enhancing the patient's experience are projected to create favorable opportunities for the market expansion.
In addition, rising awareness about the surgical boom which includes the ability to adapt to different configurations depending on space requirements, function, and purpose along with the availability of support services for helping the operating staff will drive the market growth. Also, rising preference for minimally invasive procedures and the adoption of advanced medical devices such as surgical arms which requires the assistance of surgical booms will create a positive outlook for the market expansion.
Surgical Boom Sector: Growth Drivers and Challenges
Growth Drivers
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Growing Cases of Chronic Diseases Around the World – Centers for Disease Control and Prevention (CDC) states that six in ten Americans today are diagnosed with at least one chronic disease such as cancer, stroke, and diabetes. The rising cases of chronic diseases require specific treatment and surgeries that are focused on curing the illness from its roots. Such critical surgeries require advanced medical devices such as surgical boom for proper conduction of procedure and help the medical professional for prospering critical operations. Thus, the rising cases of chronic diseases are anticipated to bring in lucrative growth opportunities for the global surgical boom market expansion in the forecast period.
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Rising Prevalence of Non-Communicable Illnesses among the Global Population – The report published by the World Health Organization (WHO) in 2022 stated that non-communicable diseases are responsible for taking almost 41 million lives every year around the world which is equivalent to 74% of all deaths. The non-communicable diseases are fatal to human life and cause death if not treated effectively. Thus, a large number of surgeries are performed each year for diagnosing and treatment process of these non-communicable diseases which requires advanced surgical booms for proper conduction of the treatment process. Hence, with the increase in non-communicable diseases, it is anticipated to bring favorable opportunities for market expansion in the analysis period.
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Escalation in the Cases of Cardiovascular Diseases -According to the World Health Organization, estimation, 17.9 million deaths worldwide in 2019 were attributable to CVDs, or 32% of all fatalities. Heart attack and stroke deaths accounted for 85% of these fatalities. The treatment of cardiovascular diseases requires advanced medical products such as surgical booms. Hence, the rapidly growing cases of cardiovascular diseases around the world are a positive indicator of market growth in the next few years.
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High Amount of Investment in Developing the Healthcare Sector – Major key players in the market and governments are focusing on developing novel medical products that aid doctors and the medical staff present in the operation theatre during surgical procedures. This factor is henceforth projected to bring lucrative growth opportunities for market growth in the upcoming years. For instance, investment in medical and health research and development (R&D) in the United States (U.S.) increased by 11% to around USD 245 billion in 2020 from previous years.
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Recent Surge of Investments in the Medical Devices Industry – As the number of diseases is creating a global burden, governments are focusing more on manufacturing technologically developed medical products such as surgical booms for the proper treatment of diseases and disorders. The data revealed by the India Brand Equity Foundation (IBEF) stated that in FY20, the foreign investments in the Indian medical devices sector increased to USD 301 million from USD 151 million in FY19, which indicates a 98% increment.
Challenges
- High Costs Associated with Surgical Booms – Surgical booms are technologically developed medical equipment that is integrated with advanced features for performing complex functions. As a result, the cost of surgical booms is very high. This factor is anticipated to lower the adoption rate among the population with middle and low income. This factor is anticipated to subsequently hamper market growth during the forecast period.
- Rising Risks of Malfunctioning Surgical Booms
- Low Level of Awareness Among the Population
Surgical Boom Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
4.3% |
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Base Year Market Size (2024) |
USD 294.89 million |
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Forecast Year Market Size (2037) |
USD 509.75 million |
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Regional Scope |
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Surgical Boom Segmentation
Product Type (Equipment Boom, Utility Boom, Anesthesia Boom, Custom Boom)
The anesthesia boom segment is set to garner 38% share in the market by 2037. The major factor that is aiding segment growth is growing awareness level of anesthesia boom among the population and medical staff about medical device connectivity which also includes surgical booms. Anesthesia booms save space, foster an organized work environment and enhance the efficiency level of the operating room and allow flexibility of patient positioning to suit the surgeons. Moreover, the anesthesia booms are efficient in creating space in an organized way by keeping cables, equipment, and medical gas lines above the floor. Also, the anesthesia boom has been developed with advanced features and tools to make it more efficient for performing in better conditions.
End-user (Medical Hospital, Ambulatory Surgical Center)
The medical hospital segment is projected to hold 26% market share by 2037. The segment growth can be attributed to fact that a relatively larger number of individuals choose hospital facilities for treatment as a result of the presence of a greater number of operating rooms and associated intensive care units. Furthermore, increasing number of hospitals in the world and the presence of trained professionals in hospital settings for using surgical booms correctly will drive the segment growth. For instance, there were over 8,000 hospitals in Japan as of 2020. Korea, by contrast, had about 4,000 hospitals. In addition, there were more than 6,000 hospitals in the United States.
Our in-depth analysis of the global market includes the following segments:
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By Product Type |
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By Installation |
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By End User |
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Customize this ReportSurgical Boom Industry - Regional Synopsis
North American Market Forecast
The North American surgical boom market is predicted to hold revenue share of about 35% by the end of 2037. The market growth is propelled by increasing frequency of diseases being diagnosed with various diseases and disorders and the high number of surgeries being done every year. Recent statistics are being calculated that almost 15 million Americans undergo some type of surgery every year.
Further, the existence of an effective healthcare network in the region, along with the availability of supportive policies by government bodies, supports the promotion of using surgical booms for easy operation and surgery over a large target population. In addition, the region's expanding healthcare industry and rising commercialization of medical products will boost the market growth.
APAC Market Statistics
The Asia Pacific surgical boom market is anticipated to account for 24% share during the forecast period, led by burgeoning geriatric who are prone is diseases, illnesses, and accidents that require surgeries. Furthermore, the presence of major key players in the region along with their rising investments in the research and development activities to manufacture technologically developed surgical booms is anticipated to create a positive outlook for the market expansion. Also, the expanding patient pool of the region which requires complex surgeries will fuel the market revenue.
Europe Market Forecast
The European market will grow at significant CAGR through 2037, impelled by rising research and development activities along with the proven success in the development of surgical booms as an efficient treatment method. Furthermore, the rising adoption of surgical treatments and the region's growing geriatric population, as well as the increasing number of various types of surgeries performed each year in the region, are expected to be beneficial opportunities for the market expansion. As per the Eurostat statistics of the European Region, around 4.3 million cataract surgeries were performed in the European Union member states, making it the most common surgical procedure in 2018.
Companies Dominating the Surgical Boom Landscape
- Stryker Corporation
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- SKYTRON, LLC
- CV Medical
- Amico Group of Companies
- STERIS
- Hill-Rom Services, Inc.
- General Electric Company
- Ondal Medical Systems
In the News
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Stryker Corporation started a national partnership with Minor League Basketball. This partnership allowed Stryker to become “The Official SmartRobotics Joint Replacement Partner” of Minor League Basketball.
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SKYTRON, LLC launched a new surgical boom called “The Freedom Boom”, which is expected to upgrade the surgical boom technology of the company owing to its enhanced features such as movement sensors, five arms, and increased arm lengths.
Author Credits: Radhika Pawar
- Report ID: 3296
- Published Date: Jan 28, 2025
- Report Format: PDF, PPT
