Surgical Power Tools Market

1. Surgical Power Tools Market Worth $3.25 Billion by 2030

2. Global XXX Market – 2023-2030 Meticulous Research®—a leading global market research company, published a research report titled, ‘Surgical Power Tools Market by Product (Drill, Saw, Reamer, Shaver, Wire Driver, Power Source, Accessories), Application (Orthopedic, Neuro, Dental, ENT, Cardiothoracic), Usage (Reusable, Disposable), End User (Hospital, Clinic)—Global Forecast to 2030.’ According to this latest publication from Meticulous Research®, the global surgical power tools market is expected to register a CAGR of 4.3% to reach $3.25 billion by 2030. The rising number of aging people, the increasing prevalence of orthopedic and neurological disorders, and a surge in technological advancements related to surgical power tools drive the market growth. In the realm of modern medicine, surgical power tools have emerged as indispensable instruments, reshaping the landscape of surgical interventions. With a projected market valuation of $3.25 billion by 2030 and a steady Compound Annual Growth Rate (CAGR) of 4.3% from 2023 to 2030, these tools epitomize innovation and precision in bone and neurosurgery. Unravelling the Essence of Surgical Power Tools Surgical power tools encompass a spectrum of instruments designed for drilling, sawing, reaming, and screwing, pivotal in orthopedic surgery, traumatology, neurology, and ENT procedures. Their significance lies in elevating surgical accuracy and enabling intricate procedures with unparalleled precision. Driving Forces Behind Market Growth The surge in neurological disorders, as highlighted by the WHO, has spurred the demand for surgical power tools. With nervous system disorders topping the charts for disability- adjusted life years (DALYs) globally, the imperative for neurosurgeries has escalated. Concurrently, the advent of minimally invasive neurosurgeries, propelled by advanced surgical tools, has augmented market growth. Factors such as enhanced precision, reliability, and ease of use have catapulted surgical power tools to the forefront of modern surgical interventions. Technological Advancements Paving the Way Key market players like Johnson & Johnson and Medtronic are spearheading technological advancements in surgical power tools. Innovations such as advanced ergonomics, potent motors, and robust batteries have streamlined surgical procedures. Notably, the integration of brushless motors equipped with sophisticated sensors has elevated precision, reduced costs, and prolonged battery life, fostering widespread adoption. Exploring Market Dynamics Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com

3. Global XXX Market – 2023-2030 The market dynamics are multifaceted, with notable trends emerging across product segments, applications, usage, and end-users. Handpieces, renowned for their optimal power flow and compatibility, dominate the product landscape, particularly in orthopedic surgeries. Meanwhile, neurosurgery emerges as a frontrunner in application, fueled by the burgeoning preference for minimally invasive procedures. Additionally, the paradigm shift towards disposable tools, driven by infection control imperatives and workflow efficiency, is reshaping market contours. Regional Landscape: North America Takes the Lead North America stands as the epicenter of market growth, attributed to the burgeoning demand for neurosurgeries and well-established healthcare infrastructure. The region boasts a proliferation of skilled neurosurgeons, coupled with a robust regulatory framework conducive to product approvals and launches. Key Players The key players operating in the surgical power tools market are Medtronic Plc (Ireland), ConMed Corporation (U.S.), B. Braun Melsungen AG (Germany), Zimmer Biomet Holdings, Inc. (U.S.), Johnson & Johnson (U.S.), Stryker Corporation (U.S.), De Soutter Medical Limited (U.K.), AlloTech Co. Ltd. (South Korea), Smith & Nephew plc (U.K), and NOUVAG AG (Switzerland). Download PDF Brochure sample-report/cp_id=5399 @ https://www.meticulousresearch.com/download- Key questions answered in the report- •Which are the high-growth market segments in terms of product, application, usage, end user, and regions/countries? •What was the historical market for surgical power tools across the globe? •What are the market forecasts and estimates for the period 2023–2030? •What are the major drivers, restraints, challenges, opportunities, and trends in the global market of surgical power tools? •Who are the major players in the global surgical power tools market? •What is the competitive landscape, and who are the market leaders in the global surgical power tools market? •What are the recent developments in the surgical power tools market? •What are the different strategies adopted by the major players in the surgical power tools market? Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com

4. Global XXX Market – 2023-2030 •What are the geographical trends and high-growth regions/countries? Contact Meticulous Email- sales@meticulousresearch.com Contact Connect with us on research Us: Research® Sales- +1-646-781-8004 LinkedIn- https://www.linkedin.com/company/meticulous- Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com