This comprehensive study thoroughly discusses the creation and fabrication of an innovative multifunctional surgical retractor that is specifically intended for use in microsurgery. It places significant emphasis on the incorporation of advanced biocompatible materials that are appropriate for clinical applications in a surgical setting. The instrument is notably equipped with integrated suction and irrigation channels that are incorporated into a single cohesive structure, thereby enhancing its functionality. For its production, state-of-the-art metal additive manufacturing methods have been utilized, specifically employing 17-4PH and 316L stainless steel—both materials are highly recognized within the medical field for their superior biocompatibility and exceptional resistance to corrosion. The retractor has been meticulously crafted using a BLT-T400 printer, with designs generated in SolidWorks that aimed to fulfill both ergonomic and functional requirements essential for intricate surgical procedures. To ensure its reliability, finite element analysis was performed in ANSYS, validating the structural integrity of the device under standard surgical stresses that it would encounter during operation. This study underscores the essential contribution of biocompatible materials in enhancing the design and production of safe, reliable multifunctional surgical instruments through the innovative techniques of additive manufacturing. The insights presented here contribute significantly to the ongoing advancements in surgical instrument technology, ensuring that such devices not only meet the functional demands of surgery but also adhere to the stringent safety and biocompatibility standards necessary for patient care.