Global Surgical Power Tools Market Size study & Forecast, by Product by Application, by Technology, by End User, and Regional Analysis, 2022-2029

Description

List of Tables

Global Surgical Power Tools Market is valued at approximately USD 2275 million in 2021 and is anticipated to grow with a healthy growth rate of more than 5% over the forecast period 2022-2029. Surgical Power Tools is a tool which is used for performing surgery on bone fragments. These tools have many functions, they help in screwing, sawing, drilling, and reaming. These tools can be operated in 3 ways: Electric Operated, Battery Operated and Pneumatic Operated. The growth of Global Surgical Power Tools is mainly driven by the increase in the widespread presence of chronic diseases and to treat these chronic diseases, the number of surgeries is increased which led to an increase in demand for surgical power tools. Currently, the biggest reason for death among adults is Chronic Diseases in majorly all countries. And the death toll will further increase by 17% in the next 10 years. Thus, it will lead to an increase in demand for surgical power tools. The other factors that drive the growth of surgical power tools are brain tumors and spine tumors. Surgical Power tools are used to remove these tumors. As per the reports by the American Cancer Society, in 2021, there was a total of 83,570 people in U.S. who were infected with brain and other central nervous tumors. However, surgical power tools are expensive, and all hospitals and clinics were not able to afford them. The acquisition cost and maintenance cost for tools is also high because of which many surgeons are not using these tools. The cost factor related to tools restrains the growth of tools in the market. Technological advancements and innovations will act as an opportunity for the surgical power tools market as a lot of players in the market are focusing on strengthening ergonomics, batteries and motors. According to a report by the National Library of Medicine, 80% of surgeons face illness or work-related injury because of lengthy operations. Through advancing in these areas and especially ergonomics, a surgeon would be using a lightweight and advanced version of a power tool which will be easier to use, and it is also important for the health of the surgeon.

The key regions considered for the Global Surgical Power Tools Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the rising number of brain surgeries and other bone injuries that occur because of accidents. Moreover, there is a greater number of skilled surgeons and health infrastructure is also good in North America. Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising cases of brain and spine tumors and other central nervous diseases. The accident rate is also increasing in Asia Pacific is also increasing because of this there would be significant growth in this region.

Major market players included in this report are:

Medtronic Plc
Johnson & Johnson Services Inc.
De Soutter Medical Limited
AlloTech Co. Ltd.
NOUVAG AG
Smith and Nephew Plc
Stryker Corporation
Zimmer Biomet Holdings Inc.
B. Braun Melsungen AG
Conmed Corporation

Recent Developments in the Market:

In June 2021, Stryker issued a statement about their association with Texas Health Hospital Mansfield. The Texas Health Hospital will be taking all the set of products of stryker including tools for surgery so that they can support the journey of stryker to remove the pain of doctors, staff and patients also. Also, this will lead to an increase in revenue.
In October 2019, Johnson & Johnson came into an agreement with TINAVI, which is the market dominator in orthopaedics robotics in China, where the agreement is based upon co-marketing, distribution, and R&D. This agreement helped the company to increase sales and production by giving robotic solutions in China market.
In March 2023, Stryker launched the CD NXT System which is the latest innovation in stryker's power tools for surgery. This technology will provide fast, accurate and real-time depth measurement when the surgeon performs surgery.
In November 2021, DePuy Synthes which is an orthopaedics company of Johnson & Johnson launched the UNIUM System which has been designed in context of ergonomics, reliability and efficiency.

Global Surgical Power Tools Market Report Scope:

Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product, Application, Technology, End User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Product:

Surgical Saw
Surgical Drill
Accessories
Reamer
Power Source
Others

By Application:

Orthopedic Surgery
Spine and Neuro Surgery
Cardiothoracic Surgery
Others

By Technology:

Electric Operated
Battery Operated
Pneumatic Operated

By End User:

Hospitals
Clinics
Ambulatory Surgical Centers
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
- 1.2.1. Surgical Power Tools Market, by Region, 2019-2029 (USD Million)
- 1.2.2. Surgical Power Tools Market, by Product, 2019-2029 (USD Million)
- 1.2.3. Surgical Power Tools Market, by Application, 2019-2029 (USD Million)
- 1.2.4. Surgical Power Tools Market, by Technology, 2019-2029 (USD Million)
- 1.2.5. Surgical Power Tools Market, by End User, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Surgical Power Tools Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Surgical Power Tools Market Dynamics

3.1. Surgical Power Tools Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increase in widespread presence of chronic diseases
  - 3.1.1.2. Growing brain tumors and spine tumors
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Surgical Power Tools
- 3.1.3. Market Opportunities
  - 3.1.3.1. Technological Advancements and Innovation

Chapter 4. Global Surgical Power Tools Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Surgical Power Tools Market, by Product

6.1. Market Snapshot
6.2. Global Surgical Power Tools Market by Product, Performance - Potential Analysis
6.3. Global Surgical Power Tools Market Estimates & Forecasts by Product 2019-2029 (USD Million)
6.4. Surgical Power Tools Market, Sub Segment Analysis
- 6.4.1. Surgical Saw
- 6.4.2. Surgical Drill
- 6.4.3. Accessories
- 6.4.4. Reamer
- 6.4.5. Power Source
- 6.4.6. Others

Chapter 7. Global Surgical Power Tools Market, by Application

7.1. Market Snapshot
7.2. Global Surgical Power Tools Market by Application, Performance - Potential Analysis
7.3. Global Surgical Power Tools Market Estimates & Forecasts by Application 2019-2029 (USD Million)
7.4. Surgical Power Tools Market, Sub Segment Analysis
- 7.4.1. Orthopaedic Surgery
- 7.4.2. Spine and Neuro Surgery
- 7.4.3. Cardiothoracic Surgery
- 7.4.4. Others

Chapter 8. Global Surgical Power Tools Market, by Technology

8.1. Market Snapshot
8.2. Global Surgical Power Tools Market by Technology, Performance - Potential Analysis
8.3. Global Surgical Power Tools Market Estimates & Forecasts by Technology 2019-2029 (USD Million)
8.4. Surgical Power Tools Market, Sub Segment Analysis
- 8.4.1. Electric Operated
- 8.4.2. Battery Operated
- 8.4.3. Pneumatic Operated

Chapter 9. Global Surgical Power Tools Market, by End User

9.1. Market Snapshot
9.2. Global Surgical Power Tools Market by End User, Performance - Potential Analysis
9.3. Global Surgical Power Tools Market Estimates & Forecasts by End User 2019-2029 (USD Million)
9.4. Surgical Power Tools Market, Sub Segment Analysis
- 9.4.1. Hospitals
- 9.4.2. Clinics
- 9.4.3. Ambulatory Surgical Centers
- 9.4.4. Others

Chapter 10. Global Surgical Power Tools Market, Regional Analysis

10.1. Surgical Power Tools Market, Regional Market Snapshot
10.2. North America Surgical Power Tools Market
- 10.2.1. U.S. Surgical Power Tools Market
  - 10.2.1.1. Product breakdown estimates & forecasts, 2019-2029
  - 10.2.1.2. Application breakdown estimates & forecasts, 2019-2029
  - 10.2.1.3. Technology breakdown estimates & forecasts, 2019-2029
  - 10.2.1.4. End User breakdown estimates & forecasts, 2019-2029
- 10.2.2. Canada Surgical Power Tools Market
10.3. Europe Surgical Power Tools Market Snapshot
- 10.3.1. U.K. Surgical Power Tools Market
- 10.3.2. Germany Surgical Power Tools Market
- 10.3.3. France Surgical Power Tools Market
- 10.3.4. Spain Surgical Power Tools Market
- 10.3.5. Italy Surgical Power Tools Market
- 10.3.6. Rest of Europe Surgical Power Tools Market
10.4. Asia-Pacific Surgical Power Tools Market Snapshot
- 10.4.1. China Surgical Power Tools Market
- 10.4.2. India Surgical Power Tools Market
- 10.4.3. Japan Surgical Power Tools Market
- 10.4.4. Australia Surgical Power Tools Market
- 10.4.5. South Korea Surgical Power Tools Market
- 10.4.6. Rest of Asia Pacific Surgical Power Tools Market
10.5. Latin America Surgical Power Tools Market Snapshot
- 10.5.1. Brazil Surgical Power Tools Market
- 10.5.2. Mexico Surgical Power Tools Market
10.6. Rest of The World Surgical Power Tools Market

Chapter 11. Competitive Intelligence

11.1. Top Market Strategies
11.2. Company Profiles
- 11.2.1. Medtronic Plc
  - 11.2.1.1. Key Information
  - 11.2.1.2. Overview
  - 11.2.1.3. Financial (Subject to Data Availability)
  - 11.2.1.4. Product Summary
  - 11.2.1.5. Recent Developments
- 11.2.2. Johnson & Johnson Services Inc.
- 11.2.3. De Soutter Medical Limited
- 11.2.4. AlloTech Co. Ltd
- 11.2.5. NOUVAG AG
- 11.2.6. Smith and Nephew Plc
- 11.2.7. Stryker Corporation
- 11.2.8. Zimmer Biomet Holdings Inc.
- 11.2.9. B. Braun Melsungen AG
- 11.2.10. Conmed Corporation

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Surgical Power Tools Market, report scope
TABLE 2. Global Surgical Power Tools Market estimates & forecasts by Region 2019-2029 (USD Million)
TABLE 3. Global Surgical Power Tools Market estimates & forecasts by Product 2019-2029 (USD Million)
TABLE 4. Global Surgical Power Tools Market estimates & forecasts by Application 2019-2029 (USD Million)
TABLE 5. Global Surgical Power Tools Market estimates & forecasts by Technology 2019-2029 (USD Million)
TABLE 6. Global Surgical Power Tools Market estimates & forecasts by End User 2019-2029 (USD Million)
TABLE 7. Global Surgical Power Tools Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 8. Global Surgical Power Tools Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 9. Global Surgical Power Tools Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 10. Global Surgical Power Tools Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 11. Global Surgical Power Tools Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 12. Global Surgical Power Tools Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 13. Global Surgical Power Tools Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 14. Global Surgical Power Tools Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 15. Global Surgical Power Tools Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 16. Global Surgical Power Tools Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 17. U.S. Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 18. U.S. Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 19. U.S. Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 20. Canada Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 21. Canada Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 22. Canada Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 23. UK Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 24. UK Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 25. UK Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 26. Germany Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 27. Germany Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 28. Germany Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 29. France Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 30. France Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 31. France Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 32. Italy Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 33. Italy Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 34. Italy Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 35. Spain Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 36. Spain Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 37. Spain Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 38. RoE Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 39. RoE Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 40. RoE Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 41. China Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 42. China Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 43. China Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 44. India Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 45. India Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 46. India Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 47. Japan Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 48. Japan Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 49. Japan Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 50. South Korea Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 51. South Korea Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 52. South Korea Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 53. Australia Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 54. Australia Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 55. Australia Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 56. RoAPAC Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 57. RoAPAC Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 58. RoAPAC Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 59. Brazil Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 60. Brazil Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 61. Brazil Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 62. Mexico Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 63. Mexico Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 64. Mexico Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 65. RoLA Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 66. RoLA Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 67. RoLA Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 68. Row Surgical Power Tools Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 69. Row Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 70. Row Surgical Power Tools Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 71. List of secondary sources, used in the study of global Surgical Power Tools Market
TABLE 72. List of primary sources, used in the study of global Surgical Power Tools Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Surgical Power Tools Market, research methodology
FIG 2. Global Surgical Power Tools Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Surgical Power Tools Market, key trends 2021
FIG 5. Global Surgical Power Tools Market, growth prospects 2022-2029
FIG 6. Global Surgical Power Tools Market, porters 5 force model
FIG 7. Global Surgical Power Tools Market, pest analysis
FIG 8. Global Surgical Power Tools Market, value chain analysis
FIG 9. Global Surgical Power Tools Market by segment, 2019 & 2029 (USD Million)
FIG 10. Global Surgical Power Tools Market by segment, 2019 & 2029 (USD Million)
FIG 11. Global Surgical Power Tools Market by segment, 2019 & 2029 (USD Million)
FIG 12. Global Surgical Power Tools Market by segment, 2019 & 2029 (USD Million)
FIG 13. Global Surgical Power Tools Market by segment, 2019 & 2029 (USD Million)
FIG 14. Global Surgical Power Tools Market, regional snapshot 2019 & 2029
FIG 15. North America Surgical Power Tools Market 2019 & 2029 (USD Million)
FIG 16. Europe Surgical Power Tools Market 2019 & 2029 (USD Million)
FIG 17. Asia pacific Surgical Power Tools Market 2019 & 2029 (USD Million)
FIG 18. Latin America Surgical Power Tools Market 2019 & 2029 (USD Million)
FIG 19. Global Surgical Power Tools Market, company Market share analysis (2021)