Global Surgical Power Tools
Market Report
2024
As per Cognitive Market Research's latest published report, the Global Surgical Power Tools market size was $2.24 Billion in 2022 and it is forecasted to reach $3.73 Billion by 2030. Surgical Power Tools Industry's Compound Annual Growth Rate will be 5.3% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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As per Cognitive Market Research's latest published report, the Global Surgical Power Tools market size was $2.24 Billion in 2022 and it is forecasted to reach $3.73 Billion by 2030. Surgical Power Tools Industry's Compound Annual Growth Rate will be 5.3% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Surgical Power Tools Market Sales Revenue 2022 | $ 2.24 Billion |
Global Surgical Power Tools Market Sales Revenue 2030 | $ 3.73 Billion |
Global Surgical Power Tools Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.3% |
Market Split by Product |
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Market Split by Application |
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Market Split by Technology |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Surgical Power Tools industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Surgical Power Tools Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Surgical power tools are used for performing surgeries on bone or bone fragments. While operating on bone or bone fragments, surgical power tools are used. These power tools are used for a wide range of purposes, including reaming, sawing, drilling, and screwing. It contains a handpiece, consumables, and extras. In general, there are two types of surgical handpieces: air-driven handpieces and electric handpieces. But, due to quick research and development, high-torque electric handpieces have also been found. Orthopedic surgery, ENT surgery, neurology surgery, dental surgery, and cardiothoracic surgery are the major surgical procedures where these technologies can be used. The development of such power devices has improved surgical techniques by enhancing their overall efficiency and perfection.
An increase in the incidences of chronic diseases such as cardiovascular diseases, orthopedic diseases, cancer, and others is forecasted to dominate the growth of the global surgical power tools market. In addition, growth in the number of surgical procedures such as cardiothoracic surgery, neuro and spine surgery, and orthopedic surgery dominates the growth of the global market. Furthermore,
However, several small hospitals and medical facilities might not be capable of purchasing surgical power instruments due to their high cost which may hamper the growth of the global market. The adoption of these instruments by surgeons is being restricted by the high gaining and maintenance costs of these devices.
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In August 2022, MPowerHealth launched a digital musculoskeletal care platform. The 360CareNav system provides telehealth, remote physiological monitoring, and care coordination between physicians, among other digital health solutions.
Top Companies Market Share in Surgical Power Tools Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
The North America region is forecasted to dominate the growth of the global surgical power tools market with the highest growth rate. This is attributed to the growing application of surgical power tools in orthopedic surgeries and the advantages of surgical power tools dominate the growth of the global market. Europe is forecasted to dominate the target market in terms of revenue share. This is attributed to the presence of adequate reimbursement policies and the rising number of surgical procedures in countries such as the U.K., and Germany.
The current report Scope analyzes Surgical Power Tools Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Surgical Power Tools Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Surgical Power Tools Industry growth. Surgical Power Tools market has been segmented with the help of its Product, Application Technology, and others. Surgical Power Tools market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on product, the market is segmented into the surgical saw, reamer, surgical drill, power source, and accessories. The surgical drill segment dominates the target market and remains dominance during the forecast period. This is attributed to the increase in the prevalence of chronic diseases and the rise in the adoption of surgical power tools for surgical purposes.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Surgical Power Tools Industry. Request a Free Sample PDF!
Based on application the global surgical power tools market is segmented into cardiothoracic surgery, orthopedic surgery, spine and neurosurgery, and others. Orthopedic surgery has the largest revenue share for the growth of the global market. This is attributed to an increase in the incidences of orthopedic disorders and a rise in demand for orthopedic procedures.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Surgical Power Tools market report 2024 Edition by contacting our team.
Based on technology, the global market is segmented into battery-operated, electric-operated, and battery-operated. This is attributed to it offering better speed, accuracy, and convenience.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Surgical Power Tools Market is witnessing significant growth in the near future.
In 2023, the Reamer segment accounted for noticeable share of global Surgical Power Tools Market and is projected to experience significant growth in the near future.
The Orthopedic Surgery segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Stryker, Zimmer and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Product | Reamer, Power source, Surgical drill, Surgical saw, Accessories |
Application | Orthopedic Surgery, Cardiothoracic Surgery, Spine and NeuroSurgery, Others |
Technology | Battery operated, Pneumatic operated, Electric operated |
List of Competitors | Stryker, Arthrex, Zimmer, Medtronic, B. Braun, Adeor, Aesculap, Allotech, Aygun Surgical Instruments, Depuy Synthes, DeSoutter Medical, Ermis MedTech GmbH, Exactech, IMEDICOM, Kaiser Medical Tech, MatOrtho, McGinley Orthopaedic Innovations, MedicMicro, Nouvag, NSK Surgery, ORTHO CARE, Pro Dex, Rimec, Scil Animal Care, Shanghai Bojin Electric Instrument & Device, Stars Medical Devices |
This chapter will help you gain GLOBAL Market Analysis of Surgical Power Tools. Further deep in this chapter, you will be able to review Global Surgical Power Tools Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Purchase Add-Ons to Customize the Report Edition and get further granular data level data about the North America market. Add-On Cost: Request before placing the order, Respective Pricing will be informed after sending the inquiry
Qualitative Analysis for the North America Market: North America Surgical Power Tools Market Trends North America Surgical Power Tools Technological Road Map North America Surgical Power Tools Market Drivers North America Surgical Power Tools Market Restraints North America Surgical Power Tools Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Technology Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Surgical Power Tools market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Reamer have a significant impact on Surgical Power Tools market? |
What are the key factors affecting the Reamer and Power source of Surgical Power Tools Market? |
What is the CAGR/Growth Rate of Orthopedic Surgery during the forecast period? |
By type, which segment accounted for largest share of the global Surgical Power Tools Market? |
Which region is expected to dominate the global Surgical Power Tools Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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