A loading unit detection system includes an elongate member, a loading unit, a magnet, and a GMR IC. The elongate member defines a receiver. The loading unit includes a connector that is configured to be received within the receiver to releasably couple the loading unit to the elongate member. The magnet is supported on the connector and is configured to translate relative to the elongate member as the connector is received within the receiver. The GMR IC is embedded within the elongate member and is configured to output a differential voltage in response to a magnetic field produced by the magnet of the loading unit. The differential voltage is indicative of the position of the loading unit within the receiver of the elongate member.