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 more popular than electric ones owing to their low cost and easy availability. However, electric high-speed surgical drills are gaining popularity due to their superior performance characteristics such as precision and accuracy. Based on application, the globalhigh speed surgery drillmarket is segmented into dentistry, orthopedics, neurology,, and other applications such as urology,. Dentistry accounts for the largest share of this market owingtothe increasing demand for dental implantsand other cosmetic procedures. Orthopedics is also a majorapplication areaforhigh speed surgerydrillsdue tothedeclining number of open surgeries being performed due toprogressive advances in arthroscopic techniques. Neurologyis another keyapplication areaforhigh speed surgerydrillsdue tobethe growing incidenceof neurological disorders across the globe.
Product Definition:
A high-speed surgical drill is a small, hand-held instrument used to cut through bone. They are typically battery operated and can spin at speeds of up to 30,000 revolutions per minute.
Pneumatic high-speed surgical drill:
Pneumatic high-speed surgical drill is a device used for creating holes in various materials. It's basically an auger with a rotating bit attached to it. The pneumatic component of the drill controls the speed at which the bit rotates and also determines its force, power and torque characteristics.
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, neurosurgeries, ophthalmic surgeries and orthopedic procedures. The electric high-speed surgical drill has various benefits over conventional devices such as it’s more precise and faster than the conventional devices. Also, it provides better visualization while drilling through tissues or bone which helps to reduce the risk of injury to the surgeons as well as patients.
Application Insights:
High-speed surgical drills are used in a variety of surgeries including orthopedic, neurology, and dentistry. The orthopedic high-speed surgical drill segment dominated the global market in 2017 owing to increasing cases of bone diseases and growing geriatric population across the globe. According to WHO¢â‚¬â„¢s estimates, around 1 billion people aged 60 years or above were registered worldwide as of 2016 while another 2 billion people aged 50 years and above were estimated to be living in 2015 globally. This demographic is prone to various bone diseases which require surgery for treatment which boosts product demand globally.
The dentistry segment is expected witness significant growth over the forecast period due largelyto an increase in dental problems such as decay & trauma caused by acid rainwater, smoking etcetera leadingto toothaches requiring immediate medical attention resultingin a rise in demand for high speed surgical drills among dental professionals globally.
Regional Analysis:
North America dominated the global high-speed surgical drill market in 2017. This can be attributed to the presence of well-established healthcare infrastructure, high disposable income, and favorable reimbursement policies & regulatory reforms in this region. Moreover, increasing demand for minimally invasive surgeries is also expected to drive growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising medical tourism and improving healthcare infrastructure in emerging countries such as China and India. In addition, growing awareness about advanced dental care procedures will propel regional demand further. Furthermore, government initiatives encouraging medical graduates from developing countries are likely to boost regional market development during the forecast years.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global high speed surgical drill market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing demand for minimally invasive surgeries. Minimally invasive surgeries are less traumatic and result in shorter hospital stays, which is driving the growth of the market.
- Rising prevalence of chronic diseases: The high speed surgical drill market is also driven by the rising prevalence of chronic diseases such as cancer, heart disease, and diabetes, which require surgery for treatment.
- Technological advancements: The high speed surgical drill market is witnessing technological advancements in products that are resulting in better performance and efficiency. This is helping to drive the growth of the market.
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, Neurology, Other
By Companies
Johnson & Johnson, Medtronic, Brasseler, Conmed, Adeor, Nouvag, Stryker, Aesculap, Aygun, DeSoutter Medical, Smith & Nephew
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
241
Number of Tables & Figures
169
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, 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:
- Johnson & Johnson
- Medtronic
- Brasseler
- Conmed
- Adeor
- Nouvag
- Stryker
- Aesculap
- Aygun
- DeSoutter Medical
- Smith & Nephew
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
- Neurology
- Other
- 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
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- 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 skin and other soft tissues. It is typically used during surgery to help surgeons access difficult areas or remove tissue.
Some of the major companies in the high speed surgical drill market are Johnson & Johnson, Medtronic, Brasseler, Conmed, Adeor, Nouvag, Stryker, Aesculap, Aygun, DeSoutter Medical, Smith & Nephew.
The high speed surgical drill market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. High Speed Surgical Drill Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. High Speed Surgical Drill Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. High Speed Surgical Drill Market - Supply Chain
4.5. Global High Speed Surgical Drill Market Forecast
4.5.1. High Speed Surgical Drill Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. High Speed Surgical Drill Market Size (000 Units) and Y-o-Y Growth
4.5.3. High Speed Surgical Drill Market Absolute $ Opportunity
5. Global High Speed Surgical Drill Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. High Speed Surgical Drill Market Size and Volume Forecast by Type
5.3.1. Pneumatic high-speed surgical drill
5.3.2. Electric high-speed surgical drill
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global High Speed Surgical Drill Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. High Speed Surgical Drill Market Size and Volume Forecast by Application
6.3.1. Dentistry
6.3.2. Orthopedics
6.3.3. Neurology
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global High Speed Surgical Drill Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. High Speed Surgical Drill Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global High Speed Surgical Drill Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. High Speed Surgical Drill Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global High Speed Surgical Drill Demand Share Forecast, 2019-2026
9. North America High Speed Surgical Drill Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America High Speed Surgical Drill Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America High Speed Surgical Drill Market Size and Volume Forecast by Application
9.4.1. Dentistry
9.4.2. Orthopedics
9.4.3. Neurology
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America High Speed Surgical Drill Market Size and Volume Forecast by Type
9.7.1. Pneumatic high-speed surgical drill
9.7.2. Electric high-speed surgical drill
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America High Speed Surgical Drill Demand Share Forecast, 2019-2026
10. Latin America High Speed Surgical Drill Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America High Speed Surgical Drill Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America High Speed Surgical Drill Market Size and Volume Forecast by Application
10.4.1. Dentistry
10.4.2. Orthopedics
10.4.3. Neurology
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America High Speed Surgical Drill Market Size and Volume Forecast by Type
10.7.1. Pneumatic high-speed surgical drill
10.7.2. Electric high-speed surgical drill
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America High Speed Surgical Drill Demand Share Forecast, 2019-2026
11. Europe High Speed Surgical Drill Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe High Speed Surgical Drill Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe High Speed Surgical Drill Market Size and Volume Forecast by Application
11.4.1. Dentistry
11.4.2. Orthopedics
11.4.3. Neurology
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe High Speed Surgical Drill Market Size and Volume Forecast by Type
11.7.1. Pneumatic high-speed surgical drill
11.7.2. Electric high-speed surgical dill
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe High Speed Surgical Drill Demand Share, 2019-2026
12. Asia Pacific High Speed Surgical Drill Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific High Speed Surgical Drill Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific High Speed Surgical Drill Market Size and Volume Forecast by Application
12.4.1. Dentistry
12.4.2. Orthopedics
12.4.3. Neurology
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific High Speed Surgical Drill Market Size and Volume Forecast by Type
12.7.1. Pneumatic high-speed surgical drill
12.7.2. Electric high-speed surgical drill
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific High Speed Surgical Drill Demand Share, 2019-2026
13. Middle East & Africa High Speed Surgical Drill Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa High Speed Surgical Drill Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa High Speed Surgical Drill Market Size and Volume Forecast by Application
13.4.1. Dentistry
13.4.2. Orthopedics
13.4.3. Neurology
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa High Speed Surgical Drill Market Size and Volume Forecast by Type
13.7.1. Pneumatic high-speed surgical drill
13.7.2. Electric high-speed surgical drill
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa High Speed Surgical Drill Demand Share, 2019-2026
14. Competition Landscape
14.1. Global High Speed Surgical Drill Market: Market Share Analysis
14.2. High Speed Surgical Drill Distributors and Customers
14.3. High Speed Surgical Drill Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Johnson & Johnson
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Medtronic
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Brasseler
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Conmed
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Adeor
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Nouvag
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Stryker
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Aesculap
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Aygun
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. DeSoutter Medical
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Smith & Nephew
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
