Market Overview:
The global high-speed surgical drill market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries, rising prevalence of chronic diseases, and technological advancements in surgical drills. Based on type, the global high-speed surgical drill market is segmented into pneumatic high-speed surgical drills and electric high-speed surgical drills. Pneumatic high-speed surgical drills are expected to dominate the market during the forecast period owing to their low cost and easy availability. Based on application, the global high-speed surgical drill market is segmented into dentistry, orthopedics, neurosurgery, and others (including general surgery and plastic surgery). Orthopedics is expected to be the fastest growing application segment during the forecast period owing to increasing incidence of bone fractures worldwide. Geographically, North America dominates the globalhigh speed surgica ldrillmarket followed by Europeand Asia Pacific .
Product Definition:
A high-speed surgical drill is a device used to create holes in bone. It is often used to prepare the bone for the insertion of screws or other devices used to stabilize a fracture. The importance of a high-speed surgical drill is that it allows for precise hole placement and minimizes damage to the surrounding tissue.
Pneumatic High-Speed Surgical Drill:
Pneumatic High-Speed Surgical Drill is a kind of power driven surgical instrument used for drilling or creating larger holes in the body. The pneumatic high-speed drill has several benefits over traditional hand tools and manual powered drills. It offers higher speed, more force, and better control which helps to create large holes with less trauma to the patient.
Electric High-Speed Surgical Drill:
Electric high-speed surgical drill is a device used for drilling small holes with high speed. It is mainly used in cardiovascular surgeries to create larger openings in the heart and lungs for introducing surgical devices or instruments through the hole created by the drill. The electric high-speed surgical drill has different types of speeds which are controlled by a variable speed trigger.
Application Insights:
High-speed surgical drills are used in various medical procedures, such as neurosurgery, orthopedics, dentistry and others. In 2017, the dentistry segment held the largest market share owing to increasing demand for cosmetic dental procedures. The orthopedic surgery segment is expected to witness lucrative growth over the forecast period due to rising number of knee replacement surgeries across the globe.
The neurosurgical application segment is also expected to grow at a significant rate during the forecast period due to its rising use in brain tumor treatment and other neurological disorders. Other applications include urology and plastic & reconstructive surgeries (reconstruction of face). High-speed surgical drills are used for various urological conditions including kidney stone formation or blockage (ureteral stricture), bladder neck obstruction or spasticity (bladder outlet obstruction), prostate cancer surgery (radical prostatectomy) and penile cancer surgery (penile prosthetic implantation).
Regional Analysis:
North America dominated the global high-speed surgical drill market in 2017. This is due to the presence of well-established healthcare infrastructure, increasing prevalence of orthopedic and neurological disorders, and rising demand for minimally invasive surgeries. Moreover, growing adoption of technologically advanced devices is also expected to drive growth over the forecast period.
Asia Pacific region is anticipated to witness lucrative growth over the next eight years owing to factors such as improving healthcare facilities & infrastructure; rising awareness about benefits of high-speed surgical drills; increasing number & scope of procedures that can be performed using these devices; and government initiatives for promoting medical tourism in this region.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global high-speed surgical drill market is expected to benefit from the increasing demand for minimally invasive surgeries. This is because high-speed surgical drills offer several advantages over traditional surgery methods, including smaller incisions, reduced blood loss, and shorter hospital stays.
- Technological advancements: The market is also expected to benefit from the ongoing technological advancements in the field of medical devices. For instance, manufacturers are increasingly focusing on developing drills that are capable of performing a wider range of procedures with greater accuracy and precision.
- Rising geriatric population: Another key growth driver for the global high-speed surgical drill market is the rising geriatric population across the world. This is because elderly patients are more likely to require surgery than younger patients due to increased susceptibility to various health conditions such as cancer, heart disease, and arthritis.
Scope Of The Report
Report Attributes
Report Details
Report Title
High-Speed Surgical Drill Market Research Report
By Type
Pneumatic High-Speed Surgical Drill, Electric High-Speed Surgical Drill
By Application
Dentistry, Orthopedics, Neurosurgery, Others
By Companies
Johnson & Johnson, Medtronic, Brasseler, Conmed, Adeor, Nouvag, Stryker, Aesculap, Aygun, DeSoutter Medical, Johnson & Johnson
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global High-Speed Surgical Drill Market Report Segments:
The global High-Speed Surgical Drill market is segmented on the basis of:
Types
Pneumatic High-Speed Surgical Drill, Electric High-Speed Surgical Drill
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Dentistry, Orthopedics, Neurosurgery, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Johnson & Johnson
- Medtronic
- Brasseler
- Conmed
- Adeor
- Nouvag
- Stryker
- Aesculap
- Aygun
- DeSoutter Medical
- Johnson & Johnson
Highlights of The High-Speed Surgical Drill Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pneumatic High-Speed Surgical Drill
- Electric High-Speed Surgical Drill
- By Application:
- Dentistry
- Orthopedics
- Neurosurgery
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the High-Speed Surgical Drill Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A high-speed surgical drill is a medical device used to create holes in the body. It is typically faster than a standard surgical drill and has more power to create larger holes. This allows doctors to perform surgery with less pain and faster recovery times.
Some of the major players in the high-speed surgical drill market are Johnson & Johnson, Medtronic, Brasseler, Conmed, Adeor, Nouvag, Stryker, Aesculap, Aygun, DeSoutter Medical, Johnson & Johnson.
The high-speed surgical drill market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High-Speed Surgical Drill Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 High-Speed Surgical Drill Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High-Speed Surgical Drill Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the High-Speed Surgical Drill Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global High-Speed Surgical Drill Market Size & Forecast, 2020-2028
4.5.1 High-Speed Surgical Drill Market Size and Y-o-Y Growth
4.5.2 High-Speed Surgical Drill Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Pneumatic High-Speed Surgical Drill
5.2.2 Electric High-Speed Surgical Drill
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Dentistry
6.2.2 Orthopedics
6.2.3 Neurosurgery
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High-Speed Surgical Drill Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 High-Speed Surgical Drill Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Pneumatic High-Speed Surgical Drill
9.6.2 Electric High-Speed Surgical Drill
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Dentistry
9.10.2 Orthopedics
9.10.3 Neurosurgery
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Pneumatic High-Speed Surgical Drill
10.6.2 Electric High-Speed Surgical Drill
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Dentistry
10.10.2 Orthopedics
10.10.3 Neurosurgery
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Pneumatic High-Speed Surgical Drill
11.6.2 Electric High-Speed Surgical Drill
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Dentistry
11.10.2 Orthopedics
11.10.3 Neurosurgery
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Pneumatic High-Speed Surgical Drill
12.6.2 Electric High-Speed Surgical Drill
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Dentistry
12.10.2 Orthopedics
12.10.3 Neurosurgery
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Pneumatic High-Speed Surgical Drill
13.6.2 Electric High-Speed Surgical Drill
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Dentistry
13.10.2 Orthopedics
13.10.3 Neurosurgery
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 High-Speed Surgical Drill Market: Competitive Dashboard
14.2 Global High-Speed Surgical Drill Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson & Johnson
14.3.2 Medtronic
14.3.3 Brasseler
14.3.4 Conmed
14.3.5 Adeor
14.3.6 Nouvag
14.3.7 Stryker
14.3.8 Aesculap
14.3.9 Aygun
14.3.10 DeSoutter Medical
14.3.11 Johnson & Johnson
