Market Overview:
The global power tools in orthopaedic surgery market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for minimally invasive surgeries and rising prevalence of orthopaedic diseases. In addition, the growing geriatric population is also contributing to the growth of this market. Based on type, the global power tools in orthopaedic surgery market can be segmented into electric powered, battery operated, and pneumatic powered tools. Of these, electric powered tools are expected to account for a major share of the global market during the forecast period owing to their high efficiency and low maintenance requirements. Based on application, hospitals are expected to account for a major share of the global power tools in orthopaedic surgery market duringthe forecast period owingto their large patient base and availabilityof advanced surgical infrastructureand facilities .
Product Definition:
A power tool is a tool that uses an external source of power to perform its work. The most common type of power tool is the electric drill. Power tools are used extensively in orthopaedic surgery because they are efficient and can cause less tissue damage than hand tools.
Electric Powered:
Orthopaedic surgery is a field of medicine that focuses on the treatment of injuries and diseases of the musculoskeletal system. The global orthopaedic surgery market size was valued at USD 25 billion in 2015 and is expected to grow at a CAGR (Compound Annual Growth Rate) of 7.0% over the forecast period.
Battery Operated:
Battery-operated power tools have gained popularity in the orthopaedic surgery market owing to their lightweight design and high efficiency. The growing prevalence of musculoskeletal disorders coupled with an increasing geriatric population is expected to drive the growth of this market during the forecast period.
Application Insights:
Orthopedic surgery market by application is segmented into hospitals, clinics and ASCs. Hospitals held the largest share in 2017 owing to the availability of advanced healthcare facilities along with a high volume of surgeries being performed. The growing geriatric population across the world is also expected to contribute significantly towards growth over the forecast period. As per WHO, there are currently 742 million people aged 60 or above living in Europe and 1 billion people aged 60 or above globally which represents a significant opportunity for orthopedic surgeons during future surgeries at ASCs and hospitals.
The ASC segment is anticipated to grow at fastest rate due largely on-going developments in surgical procedures as well as increasing demand for minimally invasive procedures that require minimal hospitalization time followed by clinics/clinician-owned centers (COC). Minimally invasive orthopedic procedures generally involve use of small incisions compared to traditional open surgery which allows patients faster recovery process along with less pain & suffering post procedure.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of key players and high adoption rate for technologically advanced power tools. The region is expected to maintain its dominance over the forecast period as well due to factors such as favorable reimbursement policies, increasing geriatric population, rising incidence of osteoporosis & arthritis and government initiatives. For instance, in 2014, Global Surgery Initiative (GSI) was launched by United States Department of Health and Human Services with an aim to reduce hospital-acquired infections through better patient care practices & surgical procedures. This initiative helps create awareness about surgery programs offered by international organizations in partnership with U.S.
Growth Factors:
- Technological advancements in power tools that can offer better precision and accuracy during surgeries.
- Growing demand for minimally invasive surgeries, which can be performed using power tools.
- Increasing number of orthopaedic surgeons who are adopting power tools for performing various surgical procedures.
- Rising prevalence of orthopaedic disorders and injuries, which is driving the demand for Power Tools in Orthopaedic Surgery market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Tools in Orthopaedic Surgery Market Research Report
By Type
Electric Powered, Battery Operated, Pneumatic Powered
By Application
Hospitals, Clinics, Ambulatory Surgery Centers (ASC)
By Companies
DePuy Synthes, Stryker, Medtronic, CONMED, Zimmer Biomet, B. Braun, Arthrex, OsteoMed, Smith & Nephew, Brasseler USA, DePuy Synthes, Adeor, MicroAire
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Power Tools in Orthopaedic Surgery Market Report Segments:
The global Power Tools in Orthopaedic Surgery market is segmented on the basis of:
Types
Electric Powered, Battery Operated, Pneumatic Powered
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
Hospitals, Clinics, Ambulatory Surgery Centers (ASC)
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:
- DePuy Synthes
- Stryker
- Medtronic
- CONMED
- Zimmer Biomet
- B. Braun
- Arthrex
- OsteoMed
- Smith & Nephew
- Brasseler USA
- DePuy Synthes
- Adeor
- MicroAire
Highlights of The Power Tools in Orthopaedic Surgery 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:
- Electric Powered
- Battery Operated
- Pneumatic Powered
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgery Centers (ASC)
- 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 Power Tools in Orthopaedic Surgery 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?
Power tools are surgical instruments that can be used to make precise cuts and remove tissue. They are often used in orthopaedic surgery, because they allow surgeons to perform delicate operations with less risk of injury.
Some of the major companies in the power tools in orthopaedic surgery market are DePuy Synthes, Stryker, Medtronic, CONMED, Zimmer Biomet, B. Braun, Arthrex, OsteoMed, Smith & Nephew, Brasseler USA, DePuy Synthes, Adeor, MicroAire.
The power tools in orthopaedic surgery market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Power Tools in Orthopaedic Surgery 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 Power Tools in Orthopaedic Surgery Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Power Tools in Orthopaedic Surgery 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 Power Tools in Orthopaedic Surgery 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 Power Tools in Orthopaedic Surgery Market Size & Forecast, 2018-2028
4.5.1 Power Tools in Orthopaedic Surgery Market Size and Y-o-Y Growth
4.5.2 Power Tools in Orthopaedic Surgery Market Absolute $ Opportunity
Chapter 5 Global Power Tools in Orthopaedic Surgery 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 Power Tools in Orthopaedic Surgery Market Size Forecast by Type
5.2.1 Electric Powered
5.2.2 Battery Operated
5.2.3 Pneumatic Powered
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Power Tools in Orthopaedic Surgery 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 Power Tools in Orthopaedic Surgery Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Ambulatory Surgery Centers (ASC)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Power Tools in Orthopaedic Surgery 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 Power Tools in Orthopaedic Surgery 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 Power Tools in Orthopaedic Surgery Analysis and Forecast
9.1 Introduction
9.2 North America Power Tools in Orthopaedic Surgery 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 Power Tools in Orthopaedic Surgery Market Size Forecast by Type
9.6.1 Electric Powered
9.6.2 Battery Operated
9.6.3 Pneumatic Powered
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 Power Tools in Orthopaedic Surgery Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Ambulatory Surgery Centers (ASC)
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 Power Tools in Orthopaedic Surgery Analysis and Forecast
10.1 Introduction
10.2 Europe Power Tools in Orthopaedic Surgery 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 Power Tools in Orthopaedic Surgery Market Size Forecast by Type
10.6.1 Electric Powered
10.6.2 Battery Operated
10.6.3 Pneumatic Powered
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 Power Tools in Orthopaedic Surgery Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Ambulatory Surgery Centers (ASC)
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 Power Tools in Orthopaedic Surgery Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Power Tools in Orthopaedic Surgery 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 Power Tools in Orthopaedic Surgery Market Size Forecast by Type
11.6.1 Electric Powered
11.6.2 Battery Operated
11.6.3 Pneumatic Powered
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 Power Tools in Orthopaedic Surgery Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Ambulatory Surgery Centers (ASC)
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 Power Tools in Orthopaedic Surgery Analysis and Forecast
12.1 Introduction
12.2 Latin America Power Tools in Orthopaedic Surgery 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 Power Tools in Orthopaedic Surgery Market Size Forecast by Type
12.6.1 Electric Powered
12.6.2 Battery Operated
12.6.3 Pneumatic Powered
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 Power Tools in Orthopaedic Surgery Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Ambulatory Surgery Centers (ASC)
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) Power Tools in Orthopaedic Surgery Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Power Tools in Orthopaedic Surgery 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) Power Tools in Orthopaedic Surgery Market Size Forecast by Type
13.6.1 Electric Powered
13.6.2 Battery Operated
13.6.3 Pneumatic Powered
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) Power Tools in Orthopaedic Surgery Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Ambulatory Surgery Centers (ASC)
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 Power Tools in Orthopaedic Surgery Market: Competitive Dashboard
14.2 Global Power Tools in Orthopaedic Surgery Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DePuy Synthes
14.3.2 Stryker
14.3.3 Medtronic
14.3.4 CONMED
14.3.5 Zimmer Biomet
14.3.6 B. Braun
14.3.7 Arthrex
14.3.8 OsteoMed
14.3.9 Smith & Nephew
14.3.10 Brasseler USA
14.3.11 DePuy Synthes
14.3.12 Adeor
14.3.13 MicroAire
