Product Code: 12742
The surgical power tools market is estimated to generate USD 383.9 million in 2023, which will rise to USD 583.6 million, with a 6.3% CAGR, by 2030.
The progression of this industry is because of the increasing number of technological inventions coupled with the rising count of injuries on the face and head. Furthermore, the rising occurrence of health problems associated with age like osteoporosis, is also boosting the industry expansion.
The hand pieces category, based on product, is the major contributor to the industry, because of their comfortability, ease of usage, effectiveness, and accurate results. They are highly employed in orthopedic procedures for drilling, fixing, as well as placing bone screws.
The battery category, based on power source, will propel at the highest rate, of 6.6%, during this decade. This is because these variants can be transported anyplace, as no lead is linked to them, which also makes them suitable to utilize.
Orthopedic surgery is a key application of these devices due to the rising occurrence of problems associated with the bones. As per some government reports, approximately 1.71 billion individuals are suffering from musculoskeletal disorders all over the globe.
Whereas, the neurosurgery category will propel at the fastest rate during this decade. This is because of the high complexity of the nervous system, which necessitates equally technologically developed equipment to be operated upon.
The hospitals category, based on end users, is the largest contributor to the surgical power tools market. This is because most accidental incidents that need surgeries are admitted to hospitals. Furthermore, hospitals have expert specialists, as well as developed facilities, because of which patients favor them for treatment.
Furthermore, governments are increasing their investment in improving hospitals, making quality care inexpensive as well as easily available. Additionally, hospitals have direct links with manufacturers/providers so they can attain products in bulk at low prices.
North America is leading the industry, and it is likely to remain leading during this decade, generating a value of USD 0.2 billion by 2030. This can be because of the enhanced healthcare system as well as high disposable salary.
Furthermore, significant investments are assigned for medical device R&D every year by different private administrations and governments, to make surgeries faster, effective, safer, and cost-effective.
APAC will propel at the fastest rate, of 6.5%, during this decade, because of the rising populace above 65 years of age, coupled with the increasing pace of technological developments.
Furthermore, the growing count of patients with brain disorders as well as bone-related problems is also boosting the regional industry growth.
With the growing number of technological inventions, the surgical power tools industry will continue to advance in the coming years.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by product
- 1.4.2. Market size breakdown, by power source
- 1.4.3. Market size breakdown, by application
- 1.4.4. Market size breakdown, by end user
- 1.4.5. Market size breakdown, by region
- 1.4.6. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Product (2017-2030)
- 6.2.1. Hand pieces market revenue, by type (2017-2030)
- 6.3. Market Revenue, by Power Source (2017-2030)
- 6.4. Market Revenue, by Application (2017-2030)
- 6.5. Market Revenue, by End User (2017-2030)
- 6.6. Market Revenue, by Region (2017-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Product (2017-2030)
- 7.2.1. Hand pieces market revenue, by type (2017-2030)
- 7.3. Market Revenue, by Power Source (2017-2030)
- 7.4. Market Revenue, by Application (2017-2030)
- 7.5. Market Revenue, by End User (2017-2030)
- 7.6. Market Revenue, by Country (2017-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Product (2017-2030)
- 8.2.1. Hand pieces market revenue, by type (2017-2030)
- 8.3. Market Revenue, by Power Source (2017-2030)
- 8.4. Market Revenue, by Application (2017-2030)
- 8.5. Market Revenue, by End User (2017-2030)
- 8.6. Market Revenue, by Country (2017-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Product (2017-2030)
- 9.2.1. Hand pieces market revenue, by type (2017-2030)
- 9.3. Market Revenue, by Power Source (2017-2030)
- 9.4. Market Revenue, by Application (2017-2030)
- 9.5. Market Revenue, by End User (2017-2030)
- 9.6. Market Revenue, by Country (2017-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Product (2017-2030)
- 10.2.1. Hand pieces market revenue, by type (2017-2030)
- 10.3. Market Revenue, by Power Source (2017-2030)
- 10.4. Market Revenue, by Application (2017-2030)
- 10.5. Market Revenue, by End User (2017-2030)
- 10.6. Market Revenue, by Country (2017-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Product (2017-2030)
- 11.2.1. Hand pieces market revenue, by type (2017-2030)
- 11.3. Market Revenue, by Power Source (2017-2030)
- 11.4. Market Revenue, by Application (2017-2030)
- 11.5. Market Revenue, by End User (2017-2030)
- 11.6. Market Revenue, by Country (2017-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Product (2017-2030)
- 12.2.1. Hand pieces market revenue, by type (2017-2030)
- 12.3. Market Revenue, by Power Source (2017-2030)
- 12.4. Market Revenue, by Application (2017-2030)
- 12.5. Market Revenue, by End User (2017-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Product (2017-2030)
- 13.2.1. Hand pieces market revenue, by type (2017-2030)
- 13.3. Market Revenue, by Power Source (2017-2030)
- 13.4. Market Revenue, by Application (2017-2030)
- 13.5. Market Revenue, by End User (2017-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Product (2017-2030)
- 14.2.1. Hand pieces market revenue, by type (2017-2030)
- 14.3. Market Revenue, by Power Source (2017-2030)
- 14.4. Market Revenue, by Application (2017-2030)
- 14.5. Market Revenue, by End User (2017-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Product (2017-2030)
- 15.2.1. Hand pieces market revenue, by type (2017-2030)
- 15.3. Market Revenue, by Power Source (2017-2030)
- 15.4. Market Revenue, by Application (2017-2030)
- 15.5. Market Revenue, by End User (2017-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Product (2017-2030)
- 16.2.1. Hand pieces market revenue, by type (2017-2030)
- 16.3. Market Revenue, by Power Source (2017-2030)
- 16.4. Market Revenue, by Application (2017-2030)
- 16.5. Market Revenue, by End User (2017-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Product (2017-2030)
- 17.2.1. Hand pieces market revenue, by type (2017-2030)
- 17.3. Market Revenue, by Power Source (2017-2030)
- 17.4. Market Revenue, by Application (2017-2030)
- 17.5. Market Revenue, by End User (2017-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Product (2017-2030)
- 18.2.1. Hand pieces market revenue, by type (2017-2030)
- 18.3. Market Revenue, by Power Source (2017-2030)
- 18.4. Market Revenue, by Application (2017-2030)
- 18.5. Market Revenue, by End User (2017-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Product (2017-2030)
- 19.2.1. Hand pieces market revenue, by type (2017-2030)
- 19.3. Market Revenue, by Power Source (2017-2030)
- 19.4. Market Revenue, by Application (2017-2030)
- 19.5. Market Revenue, by End User (2017-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Product (2017-2030)
- 20.2.1. Hand pieces market revenue, by type (2017-2030)
- 20.3. Market Revenue, by Power Source (2017-2030)
- 20.4. Market Revenue, by Application (2017-2030)
- 20.5. Market Revenue, by End User (2017-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Product (2017-2030)
- 21.2.1. Hand pieces market revenue, by type (2017-2030)
- 21.3. Market Revenue, by Power Source (2017-2030)
- 21.4. Market Revenue, by Application (2017-2030)
- 21.5. Market Revenue, by End User (2017-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Product (2017-2030)
- 22.2.1. Hand pieces market revenue, by type (2017-2030)
- 22.3. Market Revenue, by Power Source (2017-2030)
- 22.4. Market Revenue, by Application (2017-2030)
- 22.5. Market Revenue, by End User (2017-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Product (2017-2030)
- 23.2.1. Hand pieces market revenue, by type (2017-2030)
- 23.3. Market Revenue, by Power Source (2017-2030)
- 23.4. Market Revenue, by Application (2017-2030)
- 23.5. Market Revenue, by End User (2017-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Product (2017-2030)
- 24.2.1. Hand pieces market revenue, by type (2017-2030)
- 24.3. Market Revenue, by Power Source (2017-2030)
- 24.4. Market Revenue, by Application (2017-2030)
- 24.5. Market Revenue, by End User (2017-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Product (2017-2030)
- 25.2.1. Hand pieces market revenue, by type (2017-2030)
- 25.3. Market Revenue, by Power Source (2017-2030)
- 25.4. Market Revenue, by Application (2017-2030)
- 25.5. Market Revenue, by End User (2017-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Product (2017-2030)
- 26.2.1. Hand pieces market revenue, by type (2017-2030)
- 26.3. Market Revenue, by Power Source (2017-2030)
- 26.4. Market Revenue, by Application (2017-2030)
- 26.5. Market Revenue, by End User (2017-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Product (2017-2030)
- 27.2.1. Hand pieces market revenue, by type (2017-2030)
- 27.3. Market Revenue, by Power Source (2017-2030)
- 27.4. Market Revenue, by Application (2017-2030)
- 27.5. Market Revenue, by End User (2017-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Product (2017-2030)
- 28.2.1. Hand pieces market revenue, by type (2017-2030)
- 28.3. Market Revenue, by Power Source (2017-2030)
- 28.4. Market Revenue, by Application (2017-2030)
- 28.5. Market Revenue, by End User (2017-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. Stryker Corporation
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. CONMED Corporation
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. Medtronic plc
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. Medical Devices Business Services Inc.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.5. Zimmer Biomet Holdings Inc.
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. MicroAire Surgical Instruments LLC
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.7. De Soutter Medical Limited
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.8. Nouvag AG
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.9. Arthrex Inc.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.10. Orthopromed Inc.
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.11. B. Braun SE
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.12. KLS Martin Group
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.13. GPC Medical Ltd.
- 30.13.1. Business overview
- 30.13.2. Product and service offerings
- 30.14. Shenyang PUSM Medical Device Co.
- 30.14.1. Business overview
- 30.14.2. Product and service offerings
- 30.15. medical bees GmbH
- 30.15.1. Business overview
- 30.15.2. Product and service offerings
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports