Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Powered Surgical Tools Market by Type (Electric-powered, Battery-powered, Pneumatic-powered), By Application (Orthopedic, ENT, Cardiothoracic, Neurology, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Powered Surgical Tools Market by Type (Electric-powered, Battery-powered, Pneumatic-powered), By Application (Orthopedic, ENT, Cardiothoracic, Neurology, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 266453 4200 Medical Devices & Consumables 377 151 Pages 4.8 (35)
                                          

Market Overview:


The global powered surgical tools 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, technological advancements in powered surgical tools, and rising prevalence of chronic diseases. Based on type, the global powered surgical tools market is segmented into electric-powered, battery-powered, and pneumatic-powered surgical tools. The electric-powered segment is expected to account for the largest share of the global powered surgical tools market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its advantages such as precision and accuracy over other types of power sources.


Global Powered Surgical Tools Industry Outlook


Product Definition:


Powered surgical tools are surgical instruments that are powered by a motor. They include saws, drills, and scissors. Powered surgical tools allow surgeons to perform more complex procedures with greater precision. They are also less fatiguing to use, which can lead to shorter surgery times.


Electric-powered:


Electric-powered surgical tools have been around for more than a decade. However, they are only recently gaining popularity due to their increased efficiency and safety profile. Surgeons have been seeking ways to substitute the use of heavy manual instruments during complex surgeries such as cardiac, neuro, orthopedic and spinal procedures. The primary benefit offered by electric-powered surgical tools is that they reduce the need for physical contact between the surgeon and patient (or animal).


Battery-powered:


The global market for battery-powered and it's usage in powered surgical tools is expected to witness significant growth over the forecast period. The key drivers attributing to the growth of this market include increasing incidences of chronic diseases, growing geriatric population base, rising awareness levels pertaining to benefits associated with minimally invasive surgeries and technological advancements in batteries.


Application Insights:


The orthopedic application segment led the market in 2017 and is projected to continue its dominance over the forecast period. This can be attributed to factors such as increasing geriatric population, which leads to an increase in musculoskeletal disorders. Moreover, rising incidences of road accidents and trauma cases are further expected to drive the demand for these devices. According to WHO, it is estimated that globally around 1-2% of total population gets injured or disabled every year due to some form of disability affecting mostly pedestrians and cyclists. This number is expected reach 10% by 2020 if proper safety measures are not taken by governments across all regions including Asia Pacific, Europe & Africa and North America.


Regional Analysis:


North America dominated the global powered surgical tools market in 2017. This can be attributed to factors such as increasing prevalence of orthopedic, ENT and cardiovascular disorders, rising adoption of minimally invasive surgeries, and growing awareness about advanced technologies. Moreover, presence of key players in this region with extensive distribution networks is anticipated to propel regional growth over the forecast period.


Asia Pacific is expected to witness lucrative growth during the forecast period owing to increasing number of road accidents that result in trauma injuries requiring surgery coupled with rapidly developing healthcare infrastructure & facilities especially in China & India. In addition, rising incidence of neurological diseases due to a high consumption diet will drive demand for powered surgical tools over the next eight years.


Growth Factors:


  • Increasing demand for minimally invasive surgeries: The global market for powered surgical tools is expected to grow at a CAGR of 7.5% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which are less risky and cause less pain and trauma as compared to traditional open surgery procedures.
  • Growing geriatric population: The global geriatric population is expected to grow at a CAGR of 8% during the forecast period, thereby leading to an increase in the number of surgical procedures performed on elderly patients. Powered surgical tools offer several benefits over traditional manual instruments such as reduced operative time and improved accuracy, which is why they are increasingly being used in complex surgeries on elderly patients.
  • Technological advancements: The development of new technologies such as ultrasonic powered surgical tools has led to increased adoption of powered surgical devices by surgeons worldwide. These advanced technologies offer several advantages over traditional manual instruments such as greater precision and reduced tissue damage due to their smaller size and lesser vibration levels respectively . This is likely to leadto an increase in demand forpowered surgicaltoolsduringtheforecastperiod .

Scope Of The Report

Report Attributes

Report Details

Report Title

Powered Surgical Tools Market Research Report

By Type

Electric-powered, Battery-powered, Pneumatic-powered

By Application

Orthopedic, ENT, Cardiothoracic, Neurology, Other

By Companies

Stryker, Johnson& Johnson, B.Braun, Medtronic, Conmed, SmitH& Nephew, ZimmerBiomet, DESoutterMedical, Pro-Dex

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

151

Number of Tables & Figures

106

Customization Available

Yes, the report can be customized as per your need.


Global Powered Surgical Tools Market Report Segments:

The global Powered Surgical Tools market is segmented on the basis of:

Types

Electric-powered, Battery-powered, 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

Orthopedic, ENT, Cardiothoracic, Neurology, Other

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:

  1. Stryker
  2. Johnson& Johnson
  3. B.Braun
  4. Medtronic
  5. Conmed
  6. SmitH& Nephew
  7. ZimmerBiomet
  8. DESoutterMedical
  9. Pro-Dex

Global Powered Surgical Tools Market Overview


Highlights of The Powered Surgical Tools Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Electric-powered
    2. Battery-powered
    3. Pneumatic-powered
  1. By Application:

    1. Orthopedic
    2. ENT
    3. Cardiothoracic
    4. Neurology
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Powered Surgical Tools 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:

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Global Powered Surgical Tools Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Powered surgical tools are medical devices that use electricity to perform surgery. They include cautery and suction devices, endoscopes, and other surgical instruments.

Some of the key players operating in the powered surgical tools market are Stryker, Johnson& Johnson, B.Braun, Medtronic, Conmed, SmitH& Nephew, ZimmerBiomet, DESoutterMedical, Pro-Dex.

The powered surgical tools 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 Powered Surgical Tools 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 Powered Surgical Tools Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Powered Surgical Tools 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 Powered Surgical Tools 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 Powered Surgical Tools Market Size & Forecast, 2018-2028       4.5.1 Powered Surgical Tools Market Size and Y-o-Y Growth       4.5.2 Powered Surgical Tools Market Absolute $ Opportunity

Chapter 5 Global Powered Surgical Tools 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 Powered Surgical Tools Market Size Forecast by Type
      5.2.1 Electric-powered
      5.2.2 Battery-powered
      5.2.3 Pneumatic-powered
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Powered Surgical Tools 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 Powered Surgical Tools Market Size Forecast by Applications
      6.2.1 Orthopedic
      6.2.2 ENT
      6.2.3 Cardiothoracic
      6.2.4 Neurology
      6.2.5 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Powered Surgical Tools 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 Powered Surgical Tools 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 Powered Surgical Tools Analysis and Forecast
   9.1 Introduction
   9.2 North America Powered Surgical Tools 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 Powered Surgical Tools Market Size Forecast by Type
      9.6.1 Electric-powered
      9.6.2 Battery-powered
      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 Powered Surgical Tools Market Size Forecast by Applications
      9.10.1 Orthopedic
      9.10.2 ENT
      9.10.3 Cardiothoracic
      9.10.4 Neurology
      9.10.5 Other
   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 Powered Surgical Tools Analysis and Forecast
   10.1 Introduction
   10.2 Europe Powered Surgical Tools 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 Powered Surgical Tools Market Size Forecast by Type
      10.6.1 Electric-powered
      10.6.2 Battery-powered
      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 Powered Surgical Tools Market Size Forecast by Applications
      10.10.1 Orthopedic
      10.10.2 ENT
      10.10.3 Cardiothoracic
      10.10.4 Neurology
      10.10.5 Other
   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 Powered Surgical Tools Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Powered Surgical Tools 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 Powered Surgical Tools Market Size Forecast by Type
      11.6.1 Electric-powered
      11.6.2 Battery-powered
      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 Powered Surgical Tools Market Size Forecast by Applications
      11.10.1 Orthopedic
      11.10.2 ENT
      11.10.3 Cardiothoracic
      11.10.4 Neurology
      11.10.5 Other
   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 Powered Surgical Tools Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Powered Surgical Tools 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 Powered Surgical Tools Market Size Forecast by Type
      12.6.1 Electric-powered
      12.6.2 Battery-powered
      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 Powered Surgical Tools Market Size Forecast by Applications
      12.10.1 Orthopedic
      12.10.2 ENT
      12.10.3 Cardiothoracic
      12.10.4 Neurology
      12.10.5 Other
   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) Powered Surgical Tools Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Powered Surgical Tools 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) Powered Surgical Tools Market Size Forecast by Type
      13.6.1 Electric-powered
      13.6.2 Battery-powered
      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) Powered Surgical Tools Market Size Forecast by Applications
      13.10.1 Orthopedic
      13.10.2 ENT
      13.10.3 Cardiothoracic
      13.10.4 Neurology
      13.10.5 Other
   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 Powered Surgical Tools Market: Competitive Dashboard
   14.2 Global Powered Surgical Tools Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Stryker
      14.3.2 Johnson& Johnson
      14.3.3 B.Braun
      14.3.4 Medtronic
      14.3.5 Conmed
      14.3.6 SmitH& Nephew
      14.3.7 ZimmerBiomet
      14.3.8 DESoutterMedical
      14.3.9 Pro-Dex

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