Market Overview:
The Global Medical Bone Drill Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing incidence of bone-related disorders, rising demand for minimally invasive surgeries, and technological advancements in medical bone drills. Based on type, the market is segmented into pneumatic drills, electric drills, and battery-powered drills. Pneumatic drills are expected to dominate the market during the forecast period owing to their high precision and accuracy. Based on application, the market is segmented into orthopedic surgery, neurosurgery, ENT surgery, dental surgery, and other applications. Orthopedic surgery is expected to account for a major share of the global medical bone drill market during the forecast period owing to increasing prevalence of joint diseases such as arthritis and osteoporosis. Geographically speaking North America dominates this industry followed by Europe with Asia Pacific being third largest region in this particular field .Some factors attributing regional growth rates are different economic development stages , variations in unmet needs across regions etc .
Product Definition:
A medical bone drill is a surgical instrument used to create a hole in bone. It is often used to place screws or other implants into the bone, or to remove a piece of bone for examination. The importance of medical bone drills lies in their ability to create precise holes in bones while minimizing damage to surrounding tissue.
Pneumatic Drills:
Pneumatic drills are used for drilling into bone to create a cavity within it. The drill is propelled by air and the user controls the speed of drilling using a trigger. Pneumatic drills are useful in removing lesions from bone or during surgeries, wherein they are used to create space between bones for surgical instruments or devices to operate on them.
Electric Drills:
Electric drills are used in medical bone drill to create holes or boreholes for surgical purposes. The electric drill is a hand-held power tool that consists of two metal blades, which are revved by a motor and used to cut the bone. It creates round holes with high speed and efficiency as compared to traditional hand drilling techniques.
Application Insights:
The orthopedic segment dominated the global medical bone drill market in 2017. The segment is expected to witness significant growth over the forecast period owing to an increase in musculoskeletal disorders, such as osteoporosis and osteoarthritis. According to WHO, around 60-80% of patients suffering from arthritis have low bone mass and are at a high risk of developing fractures. As per the National Osteoporosis Foundation (NOF), more than 1 million fractures occur due to osteoporosis every year in the U.S., resulting in around 250,000 hospitalizations and 80,000 deaths across Europe alone. Thus, increasing incidence of diseases related to low bone mass is anticipated to boost product demand over the forecast period globally.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare facilities, favorable reimbursement policies, and increasing R&D activities are some of the major factors responsible for North America’s dominance. In addition, growing number of research projects on bone drilling is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising medical tourism and improving healthcare infrastructure in emerging countries such as China and India. In addition, rapidly developing economies such as China and India are also contributing towards this rapid development through their investments in various sectors including medical devices manufacturing industry which will further boost demand for these products over next eight years (2018 to 2030).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The medical bone drill market is expected to benefit from the increasing demand for minimally invasive surgeries. This is because these drills are less invasive and cause less damage to the surrounding tissues as compared to traditional surgical procedures.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, arthritis, and osteoporosis is rising rapidly. This is likely to increase the demand for medical bone drills in the coming years.
- Technological advancements: The medical bone drill market is witnessing rapid technological advancements, which are resulting in the development of new and innovative products. This is likely to boost the growth of this market in the coming years.
- Growing geriatric population: The global geriatric population is growing at a rapid pace and this trend is expected to continue in the foreseeable future. This will lead to an increase in demand for medical devices such as bone drills that are used specifically by geriatrics patients.. 5) Rising healthcare expenditure: Healthcare expenditure around thw world iis increasing rapidly due t othe risein income levelsand th egrowing awareness about health issuesamong people
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Bone Drill Market Research Report
By Type
Pneumatic Drills, Electric Drills, Battery-powered Drills
By Application
Orthopedic, Neurosurgery, ENT, Dental, Others
By Companies
Rohanika Medical, GPC, De Soutter Medical, Biochrom, Millennium Surgical, Phoenix Surgical, Medtronic, StrenuMed, Synergy Medical Technologies, B. Braun Melsungen AG, Rohanika Medical, Stryker, NSK, Zimmer, Johnson & Johnson, Exactech, Stars Medical Devices, ORTHO CARE, Aygun Surgical Instruments
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Medical Bone Drill Market Report Segments:
The global Medical Bone Drill market is segmented on the basis of:
Types
Pneumatic Drills, Electric Drills, Battery-powered Drills
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
Orthopedic, Neurosurgery, ENT, Dental, 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:
- Rohanika Medical
- GPC
- De Soutter Medical
- Biochrom
- Millennium Surgical
- Phoenix Surgical
- Medtronic
- StrenuMed
- Synergy Medical Technologies
- B. Braun Melsungen AG
- Rohanika Medical
- Stryker
- NSK
- Zimmer
- Johnson & Johnson
- Exactech
- Stars Medical Devices
- ORTHO CARE
- Aygun Surgical Instruments
Highlights of The Medical Bone 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 Drills
- Electric Drills
- Battery-powered Drills
- By Application:
- Orthopedic
- Neurosurgery
- ENT
- Dental
- 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 Medical Bone 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.
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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 medical bone drill is a device used to make holes in bones for medical purposes. It is typically a handheld tool that has a sharp point on one end and a round head on the other. The user inserts the pointed end into the hole they want to create, then uses the round head to rotate it until it breaks through the bone.
Some of the key players operating in the medical bone drill market are Rohanika Medical, GPC, De Soutter Medical, Biochrom, Millennium Surgical, Phoenix Surgical, Medtronic, StrenuMed, Synergy Medical Technologies, B. Braun Melsungen AG, Rohanika Medical, Stryker, NSK, Zimmer, Johnson & Johnson, Exactech, Stars Medical Devices, ORTHO CARE, Aygun Surgical Instruments.
The medical bone drill market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Bone 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 Medical Bone Drill Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Bone 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 Medical Bone 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 Medical Bone Drill Market Size & Forecast, 2020-2028
4.5.1 Medical Bone Drill Market Size and Y-o-Y Growth
4.5.2 Medical Bone 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 Drills
5.2.2 Electric Drills
5.2.3 Battery-powered Drills
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 Orthopedic
6.2.2 Neurosurgery
6.2.3 ENT
6.2.4 Dental
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Bone 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 Medical Bone 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 Drills
9.6.2 Electric Drills
9.6.3 Battery-powered Drills
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 Orthopedic
9.10.2 Neurosurgery
9.10.3 ENT
9.10.4 Dental
9.10.5 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 Drills
10.6.2 Electric Drills
10.6.3 Battery-powered Drills
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 Orthopedic
10.10.2 Neurosurgery
10.10.3 ENT
10.10.4 Dental
10.10.5 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 Drills
11.6.2 Electric Drills
11.6.3 Battery-powered Drills
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 Orthopedic
11.10.2 Neurosurgery
11.10.3 ENT
11.10.4 Dental
11.10.5 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 Drills
12.6.2 Electric Drills
12.6.3 Battery-powered Drills
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 Orthopedic
12.10.2 Neurosurgery
12.10.3 ENT
12.10.4 Dental
12.10.5 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 Drills
13.6.2 Electric Drills
13.6.3 Battery-powered Drills
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 Orthopedic
13.10.2 Neurosurgery
13.10.3 ENT
13.10.4 Dental
13.10.5 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 Medical Bone Drill Market: Competitive Dashboard
14.2 Global Medical Bone Drill Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rohanika Medical
14.3.2 GPC
14.3.3 De Soutter Medical
14.3.4 Biochrom
14.3.5 Millennium Surgical
14.3.6 Phoenix Surgical
14.3.7 Medtronic
14.3.8 StrenuMed
14.3.9 Synergy Medical Technologies
14.3.10 B. Braun Melsungen AG
14.3.11 Rohanika Medical
14.3.12 Stryker
14.3.13 NSK
14.3.14 Zimmer
14.3.15 Johnson & Johnson
14.3.16 Exactech
14.3.17 Stars Medical Devices
14.3.18 ORTHO CARE
14.3.19 Aygun Surgical Instruments
