Market Overview:
The global powered surgical handpieces 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 and technological advancements in surgical handpieces. Based on type, the global powered surgical handpieces market is segmented into electric-powered, battery-powered, and pneumatic-powered handpieces. The electric-powered segment is expected to dominate the market during the forecast period owing to its advantages such as precision and accuracy over other types of powered surgical handpieces. Based on application, the orthopedic segment is expected to lead the global powered surgical handpieces market during the forecast period owing to rising prevalence of orthopedic diseases and disorders across globe.
Product Definition:
Powered surgical handpieces are medical devices that use a rotating cutting tool to perform surgery. They come in a variety of shapes and sizes, but all share the same basic design: a small motor at one end powers a cutting tool at the other. Powered surgical handpieces are used for everything from simple procedures like biopsies to more complex surgeries like hip replacements.
The importance of powered surgical handpieces cannot be overstated. They allow surgeons to perform delicate procedures with great precision, making them less likely to cause damage or infection. In addition, powered surgical handpieces can often achieve results that would otherwise be impossible with manual tools.
Electric-powered:
Electric-powered surgical handpieces are gaining popularity due to their several benefits such as reduced risk of cross-contamination, less noise during operation, and better control over the instrument. In addition, these devices have automatic power off feature that helps in shutting down the motor when done with out any further operations. The market is expected to grow at a significant rate owing to increasing number of product launches by key players and growing awareness about its usage among surgeons across the globe.
Battery-powered:
The global market for battery-powered and it's usage in powered surgical handpieces is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing demand for minimally invasive surgeries, growing geriatric population base coupled with rising awareness regarding advantages of these devices over their conventional counterparts.
Global Battery-powered.
Application Insights:
The orthopedic surgery segment dominated the global powered surgical handpieces market in 2017 owing to factors such as increasing geriatric population, rise in sports injuries and bone fractures, and high prevalence of musculoskeletal disorders. According to the American Academy of Orthopedic Surgeons (AAOS), an estimated 1.5 million people above the age of 65 were hospitalized for hip fracture in 2015. Moreover, according to a study published by National Center for Biotechnology Information (NCBI) in 2018, it was found that around 54% men and 46% women aged 60 years or more suffered from mobility disability due to osteoporosis. Thus, rising number of surgeries related to orthopedics is expected to boost product demand over the forecast period.
The neurology application segment is expected register significant growth over the forecast period owing neurosurgical conditions such as Parkinson¢â‚¬â„¢s disease which affects around 2 million people across America alone.
Regional Analysis:
North America dominated the global powered surgical handpieces market in 2017. This can be attributed to factors such as increasing R&D investment by key players, rising adoption of technologically advanced devices, and high healthcare expenditure in the region. In addition, growing number of minimally invasive surgeries are expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing government initiatives for improving public health system in developing countries such as India and China. Growing medical tourism industry due to favorable reimbursement policies is also likely boost demand for these devices in this region eventually driving regional growth over the next eight years (2030). Moreover, rapidly expanding medical device manufacturing sector coupled with low-cost labor availability will further propel manufacturers from Asia Pacific into a dominant position globally (in terms of revenue).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily owing to the advantages offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Powered surgical handpieces are an essential part of minimally invasive surgeries and are thus expected to witness high demand in the coming years.
- Rising prevalence of chronic diseases: The incidence of chronic diseases such as cancer, heart disease, and diabetes is on the rise globally due to changing lifestyles and increasing pollution levels. These conditions require repeated or prolonged treatment procedures that can be facilitated by powered surgical handpieces. Thus, the market for these devices is likely to see healthy growth in the coming years owing to rising prevalence of chronic diseases worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Powered Surgical Handpieces 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, Zimmer Biomet, De Soutter Medical
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 Powered Surgical Handpieces Market Report Segments:
The global Powered Surgical Handpieces 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:
- Stryker
- Johnson & Johnson
- B. Braun
- Medtronic
- Conmed
- Smith & Nephew
- Zimmer Biomet
- De Soutter Medical
Highlights of The Powered Surgical Handpieces 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-powered
- Pneumatic-powered
- By Application:
- Orthopedic
- ENT
- Cardiothoracic
- 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 Powered Surgical Handpieces 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
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- Consumer Insights
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- Product & Brand Management
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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?
Powered surgical handpieces are medical devices that use electrical energy to perform surgery. They can be used to remove objects from the body, such as tumors or cysts.
Some of the major companies in the powered surgical handpieces market are Stryker, Johnson & Johnson, B. Braun, Medtronic, Conmed, Smith & Nephew, Zimmer Biomet, De Soutter Medical.
The powered surgical handpieces market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Powered Surgical Handpieces 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. Powered Surgical Handpieces Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Powered Surgical Handpieces Market - Supply Chain
4.5. Global Powered Surgical Handpieces Market Forecast
4.5.1. Powered Surgical Handpieces Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Powered Surgical Handpieces Market Size (000 Units) and Y-o-Y Growth
4.5.3. Powered Surgical Handpieces Market Absolute $ Opportunity
5. Global Powered Surgical Handpieces 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. Powered Surgical Handpieces Market Size and Volume Forecast by Type
5.3.1. Electric-powered
5.3.2. Battery-powered
5.3.3. Pneumatic-powered
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Powered Surgical Handpieces 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. Powered Surgical Handpieces Market Size and Volume Forecast by Application
6.3.1. Orthopedic
6.3.2. ENT
6.3.3. Cardiothoracic
6.3.4. Neurology
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Powered Surgical Handpieces 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. Powered Surgical Handpieces 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 Powered Surgical Handpieces 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. Powered Surgical Handpieces 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 Powered Surgical Handpieces Demand Share Forecast, 2019-2026
9. North America Powered Surgical Handpieces 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 Powered Surgical Handpieces 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 Powered Surgical Handpieces Market Size and Volume Forecast by Application
9.4.1. Orthopedic
9.4.2. ENT
9.4.3. Cardiothoracic
9.4.4. Neurology
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Powered Surgical Handpieces Market Size and Volume Forecast by Type
9.7.1. Electric-powered
9.7.2. Battery-powered
9.7.3. Pneumatic-powered
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 Powered Surgical Handpieces Demand Share Forecast, 2019-2026
10. Latin America Powered Surgical Handpieces 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 Powered Surgical Handpieces 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 Powered Surgical Handpieces Market Size and Volume Forecast by Application
10.4.1. Orthopedic
10.4.2. ENT
10.4.3. Cardiothoracic
10.4.4. Neurology
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Powered Surgical Handpieces Market Size and Volume Forecast by Type
10.7.1. Electric-powered
10.7.2. Battery-powered
10.7.3. Pneumatic-powered
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 Powered Surgical Handpieces Demand Share Forecast, 2019-2026
11. Europe Powered Surgical Handpieces 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 Powered Surgical Handpieces 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 Powered Surgical Handpieces Market Size and Volume Forecast by Application
11.4.1. Orthopedic
11.4.2. ENT
11.4.3. Cardiothoracic
11.4.4. Neurology
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Powered Surgical Handpieces Market Size and Volume Forecast by Type
11.7.1. Electric-powered
11.7.2. Battery-powered
11.7.3. Pneumatic-powered
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 Powered Surgical Handpieces Demand Share, 2019-2026
12. Asia Pacific Powered Surgical Handpieces 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 Powered Surgical Handpieces 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 Powered Surgical Handpieces Market Size and Volume Forecast by Application
12.4.1. Orthopedic
12.4.2. ENT
12.4.3. Cardiothoracic
12.4.4. Neurology
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Powered Surgical Handpieces Market Size and Volume Forecast by Type
12.7.1. Electric-powered
12.7.2. Battery-powered
12.7.3. Pneumatic-powered
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 Powered Surgical Handpieces Demand Share, 2019-2026
13. Middle East & Africa Powered Surgical Handpieces 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 Powered Surgical Handpieces 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 Powered Surgical Handpieces Market Size and Volume Forecast by Application
13.4.1. Orthopedic
13.4.2. ENT
13.4.3. Cardiothoracic
13.4.4. Neurology
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Powered Surgical Handpieces Market Size and Volume Forecast by Type
13.7.1. Electric-powered
13.7.2. Battery-powered
13.7.3. Pneumatic-powered
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 Powered Surgical Handpieces Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Powered Surgical Handpieces Market: Market Share Analysis
14.2. Powered Surgical Handpieces Distributors and Customers
14.3. Powered Surgical Handpieces Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stryker
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Johnson & Johnson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. B. Braun
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Medtronic
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Conmed
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Smith & Nephew
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Zimmer Biomet
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. De Soutter Medical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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
