PUBLISHER: The Business Research Company | PRODUCT CODE: 1695125
PUBLISHER: The Business Research Company | PRODUCT CODE: 1695125
A surgical drill is a specialized medical instrument designed for cutting, drilling, or creating holes in bone or hard tissues during surgical procedures. These precision instruments are used by surgeons in various types of surgery, particularly in orthopedics, neurosurgery, dentistry, and other medical fields.
The main products associated with surgical drills include pneumatic drills, electric drills, battery-powered drills, and related accessories. A pneumatic drill, also known as an air drill or air-powered drill, is a power tool that utilizes compressed air to generate rotational force for drilling holes or driving screws and other fasteners. These drills come in various materials, including both reusable and disposable options, and are employed in orthopedic surgeries, dental surgeries, ENT (ear, nose, and throat) surgeries, neurology surgeries, and other medical procedures. The primary end-users of these products are hospitals, clinics, ambulatory surgery centers, and other healthcare facilities.
The surgical drill market research report is one of a series of new reports from The Business Research Company that provides surgical drill market statistics, including the surgical drill industry global market size, regional shares, competitors with surgical drill market share, detailed surgical drill market segments, market trends and opportunities, and any further data you may need to thrive in the surgical drill industry. This surgical drill market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The surgical drill market size has grown strongly in recent years. It will grow from $1.23 billion in 2024 to $1.31 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to initial market expansion, healthcare spending trends, pioneering robotics integration, regulatory framework establishment, early-stage research & development.
The surgical drill market size is expected to see strong growth in the next few years. It will grow to $1.66 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to global market penetration, increased healthcare spending, integration of robotics, adherence to regulatory standards, investment in research & development. Major trends in the forecast period include increased surgical procedures, rise in geriatric population, demand for minimally invasive surgeries, enhanced portability and ergonomics, R&D investment.
The anticipated growth in the number of surgical procedures is likely to drive the expansion of the surgical drill market. Surgical procedures, commonly referred to as surgery or surgical interventions, are conducted by trained medical professionals to diagnose, treat, or cure various medical conditions or injuries. Surgical drills are utilized in a range of surgical procedures to create precise openings or holes in bone, tissue, or other rigid structures across various applications, including cardiovascular and gynecologic surgeries, as well as knee replacement operations. For example, in June 2024, the International Society of Aesthetic Plastic Surgery (ISAPS), a UK-based organization for certified plastic surgeons, reported that the total number of surgical and non-surgical procedures reached approximately 34.9 million, reflecting a 3.4% increase. Furthermore, the number of surgical procedures grew by 5.5%, totaling over 15.8 million in 2023 compared to the previous year. Aesthetic procedures played a significant role in this growth, with liposuction remaining the most prevalent surgical procedure, accounting for more than 2.2 million procedures performed in 2023.
The rising demand for aesthetic surgeries is anticipated to drive the growth of the surgical drill market in the future. Aesthetic surgery, often referred to as cosmetic surgery, aims to enhance an individual's appearance by modifying and improving their physical features. In these procedures, surgical drills enable surgeons to perform precise and controlled incisions and alterations to the bone, which is essential in operations like rhinoplasty or chin augmentation, where even slight changes can have a significant effect on the overall aesthetic result. Surgical drills facilitate various tasks such as drilling, sawing, reaming, and screwing, which are vital for bone manipulation during aesthetic procedures. For example, in July 2024, data from The Aesthetic Society, a US-based organization, showed a notable 2.9% increase in total surgical procedures from 2022 to 2023. The most commonly performed surgeries in 2023 included liposuction (394,527 procedures), breast augmentation (249,560), tummy tucks (194,875), and eyelid surgeries (113,996). Therefore, the growing demand for aesthetic surgeries is contributing to the expansion of the surgical drill market.
Leading companies in the surgical drill market are introducing innovative solutions, such as digital devices, to improve surgical precision, efficiency, and usability. Digital devices encompass electronic tools that process, store, and transmit information in digital formats, including smartphones, computers, tablets, and smartwatches. For example, in March 2023, Stryker Corporation, a US-based medical company, launched the CD NXT System, a cutting-edge surgical drill that features real-time digital depth measurement technology for enhanced surgical accuracy. This system offers automatic depth measurement, simplifies instrumentation, and reduces the reliance on manual gauges, thereby improving procedural efficiency across various surgical procedures. The launch aims to streamline surgical workflows, minimize dependence on manual gauges, and enhance accuracy and reproducibility based on feedback from surgeons. This innovation is designed to address the changing needs of healthcare professionals while promoting better procedural outcomes in diverse surgical applications.
In January 2022, Klingel Medical Metal GmbH, a German company specializing in high-end components, instruments, and implants, executed the acquisition of Ruetschi Technology AG. The precise financial details of the acquisition remain undisclosed. Through this strategic acquisition, Klingel seeks to further strengthen its standing as a premier European MedTech contract manufacturer. Additionally, the move positions Klingel as a key partner for top global customers, emphasizing a commitment to meeting the highest quality requirements in the industry. Ruetschi Technology AG, based in Switzerland, specializes in the manufacture of surgical cutting tools, including surgical drills, designed for use in surgery and orthopedics.
Major companies operating in the surgical drill market report are Braun Melsungen AG, Medtronic PLC, Stryker Corporation, Zimmer Biomet Holdings Inc., Altra Industrial Motion, Arthrex Inc., GPC Medical Ltd., CONMED Corporation, Bioanalytical Systems Inc., Exactech Inc., SOFEMED International, Orthopromed Medical Supplies Inc., De Soutter Medical Ltd., ClearPoint Neuro Inc., MatOrtho Limited, AlloTech Co.Ltd., MicroAire Surgical Instruments LLC, Brasseler USA, Millennium Surgical Corp., Nouvag AG, Aygun Surgical Instruments Co.Inc., Adeor medical AG, Traumec Health Technology, Shanghai Bojin Medical Instrument Co. Ltd., Cliniva Healthcare
North America was the largest region in the surgical drill market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surgical drill market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the surgical drill market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The surgical drill market consists of sales of sterilization equipment, disposable surgical drills, microsurgical drills, and cannulated drills. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Surgical Drill Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on surgical drill market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for surgical drill ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The surgical drill market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.