Neurosurgery Surgical Power Tools Market Size, Share & Trends Analysis Report By Tools Type (Drill, Reamer, Saw, Others), By Power Type (Pneumatic, Electric, Battery-powered), By Region, And Segment Forecasts, 2024

Description

Neurosurgery Surgical Power Tools Market Growth & Trends:

The global neurosurgery surgical power tools market size is anticipated to reach USD 1.66 billion by 2030, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 3.7% from 2024 to 2030. Increasing incidence of Traumatic Brain Injuries (TBI), Acquired Brain Injuries (ABI), other neurological disorders, and increasing adoption of minimally invasive neurosurgeries is anticipated to aid growth.

TBIs, which occur due to sports injuries or in serious car accidents, form one of the key factors expected impel growth. In the U.S., every year, around 2.6 million people suffer from TBI or similar type of brain injury. According to American Association of Neurosurgical Surgeons, in the U.S., around 1.7 million TBI cases are diagnosed each year. In addition, according to National Stroke Association, approximately 130,000 Americans die from stroke each year. In addition, TBI is a major concern among the geriatric population, with an increasing rate of death and hospitalization linked to it.

Technological advancements such as the Medtronic Stealth Station S8, which is a brand new tracking tool for neurosurgery systems, are driving the market. This system includes 3D cameras and electromagnetic sensors that enable enhanced tracking. It can easily connect to intrasurgical CT scanners and MRIs. Thus, growth can be attributed to the technological advancements and increasing adoption of minimally invasive procedures in neurosurgeries.

Neurosurgery Surgical Power Tools Market Report Highlights:

Drill segment dominated the market and accounted for a share of 27.8% in 2023 due to its growing utilization in minimally invasive surgical operations.
Electric segment dominated the market and accounted for a share of 43.5% in 2023 due to their ability to work faster.
Battery-powered segment is expected to grow at the fastest CAGR of 4.3% over the forecast period due to their ergonomic design and higher efficiency than traditional tools.
North America neurosurgery surgical power tools market dominated the market in 2023. The market's growth can be attributed to the rise in brain injuries & other neurological disorders and the presence of experienced neurosurgeons.

Product Code: GVR-3-68038-691-2

Chapter 1. Methodology and Scope

1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights

Chapter 3. Neurosurgery Surgical Power Tools Market Variables, Trends, & Scope

3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
3.4. Neurosurgery Surgical Power Tools Market Analysis Tools
- 3.4.1. Porter's Analysis
  - 3.4.1.1. Bargaining power of the suppliers
  - 3.4.1.2. Bargaining power of the buyers
  - 3.4.1.3. Threats of substitution
  - 3.4.1.4. Threats from new entrants
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Economic and Social landscape
  - 3.4.2.3. Technological landscape
  - 3.4.2.4. Environmental landscape
  - 3.4.2.5. Legal landscape

Chapter 4. Neurosurgery Surgical Power Tools Market: Tool Type Estimates & Trend Analysis

4.1. Segment Dashboard
4.2. Neurosurgery Surgical Power Tools Market: Tool Type Movement Analysis, 2023 & 2030 (USD Million)
4.3. Drill
- 4.3.1. Drill Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Saw
- 4.4.1. Saw Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Reamer
- 4.5.1. Reamer Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.6. Others
- 4.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 5. Neurosurgery Surgical Power Tools Market: Power Type Estimates & Trend Analysis

5.1. Segment Dashboard
5.2. Neurosurgery Surgical Power Tools Market: Power Type Movement Analysis, 2023 & 2030 (USD Million)
5.3. Pneumatic
- 5.3.1. Pneumatic Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Electric
- 5.4.1. Electric Learning Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Battery-powered
- 5.5.1. Battery-powered Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 6. Neurosurgery Surgical Power Tools Market: Regional Estimates & Trend Analysis

6.1. Neurosurgery Surgical Power Tools Market Share, By Region, 2023 & 2030 (USD Million)
6.2. North America
- 6.2.1. North America Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
  - 6.2.2.1. U.S. Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Canada
  - 6.2.3.1. Canada Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
  - 6.2.4.1. Mexico Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3. Europe
- 6.3.1. Europe Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. UK
  - 6.3.2.1. UK Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3. Germany
  - 6.3.3.1. Germany Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4. France
  - 6.3.4.1. France Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.5. Italy
  - 6.3.5.1. Italy Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.6. Spain
  - 6.3.6.1. Spain Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.7. Denmark
  - 6.3.7.1. Denmark Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.8. Sweden
  - 6.3.8.1. Sweden Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.9. Norway
  - 6.3.9.1. Norway Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Asia Pacific
- 6.4.1. Asia Pacific Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. Japan
  - 6.4.2.1. Japan Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.3. China
  - 6.4.3.1. China Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4. India
  - 6.4.4.1. India Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.5. Australia
  - 6.4.5.1. Australia Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.6. South Korea
  - 6.4.6.1. South Korea Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.7. Thailand
  - 6.4.7.1. Thailand Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Latin America
- 6.5.1. Latin America Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
  - 6.5.2.1. Brazil Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.3. Argentina
  - 6.5.3.1. Argentina Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. South Africa
  - 6.6.2.1. South Africa Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.3. Saudi Arabia
  - 6.6.3.1. Saudi Arabia Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.4. UAE
  - 6.6.4.1. UAE Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.5. Kuwait
  - 6.6.5.1. Kuwait Neurosurgery Surgical Power Tools Market Estimates and Forecasts, 2018 - 2030 (USD Million)

Chapter 7. Competitive Landscape

7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map Analysis
7.4. Company Profiles
- 7.4.1. B. Braun Melsungen AG
  - 7.4.1.1. Participant's Overview
  - 7.4.1.2. Financial Performance
  - 7.4.1.3. Product Benchmarking
  - 7.4.1.4. Recent Developments/ Strategic Initiatives
- 7.4.2. Stryker
  - 7.4.2.1. Participant's Overview
  - 7.4.2.2. Financial Performance
  - 7.4.2.3. Product Benchmarking
  - 7.4.2.4. Recent Developments/ Strategic Initiatives
- 7.4.3. Medtronic
  - 7.4.3.1. Participant's Overview
  - 7.4.3.2. Financial Performance
  - 7.4.3.3. Product Benchmarking
  - 7.4.3.4. Recent Developments/ Strategic Initiatives
- 7.4.4. Zimmer Biomet.
  - 7.4.4.1. Participant's Overview
  - 7.4.4.2. Financial Performance
  - 7.4.4.3. Product Benchmarking
  - 7.4.4.4. Recent Developments/ Strategic Initiatives
- 7.4.5. AYGUN
  - 7.4.5.1. Participant's Overview
  - 7.4.5.2. Financial Performance
  - 7.4.5.3. Product Benchmarking
  - 7.4.5.4. Recent Developments/ Strategic Initiatives
- 7.4.6. KARL STORZ SE & Co. KG
  - 7.4.6.1. Participant's Overview
  - 7.4.6.2. Financial Performance
  - 7.4.6.3. Product Benchmarking
  - 7.4.6.4. Recent Developments/ Strategic Initiatives
- 7.4.7. Johnson & Johnson Services, Inc.
  - 7.4.7.1. Participant's Overview
  - 7.4.7.2. Financial Performance
  - 7.4.7.3. Product Benchmarking
  - 7.4.7.4. Recent Developments/ Strategic Initiatives
- 7.4.8. De Soutter Medical
  - 7.4.8.1. Participant's Overview
  - 7.4.8.2. Financial Performance
  - 7.4.8.3. Product Benchmarking
  - 7.4.8.4. Recent Developments/ Strategic Initiatives
- 7.4.9. adeor medical AG.
  - 7.4.9.1. Participant's Overview
  - 7.4.9.2. Financial Performance
  - 7.4.9.3. Product Benchmarking
  - 7.4.9.4. Recent Developments/ Strategic Initiatives
- 7.4.10. ACRA-CUT Inc.
  - 7.4.10.1. Participant's Overview
  - 7.4.10.2. Financial Performance
  - 7.4.10.3. Product Benchmarking
  - 7.4.10.4. Recent Developments/ Strategic Initiatives

Neurosurgery Surgical Power Tools Market Size, Share & Trends Analysis Report By Tools Type (Drill, Reamer, Saw, Others), By Power Type (Pneumatic, Electric, Battery-powered), By Region, And Segment Forecasts, 2024 - 2030