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Surgical power tools industry analysis is covered in this latest research report that aims to help those taking daily business decisions by providing market trends information, competitive landscape scenario, forecasts and more.
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surgical power tools market trends research and projections for 2020- 2026 • A research study conducted by Global Market Insights, Inc., suggests that surgical power tools market is likely to exceed the 2.9 billion mark by 2026, in terms of revenue. • The surgical power tools market is likely to gain traction as a result of increasing cases of orthopaedic disorders, technological advancement in the surgical tools, and preference for surgical power tools to perform the surgeries with precision and minimum invasion. • With rising number of healthcare facilities, the overall demand for the surgical power tools will gain momentum and consequently bolster surgical power tools market share. Another factor positively catering to the market share is the launch of surgical tools possessing fully electronically controlled motors that are brushless and sensor less. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
In terms of the product, the handpiece segment is projected to strengthen the surgical power tools market size. Prominently, handpiece products had recorded a value of USD 952 million in 2019; a similar growth trajectory is estimated in the next six years. • Handpiece devices are known to provide high accuracy and efficiency while performing the dental and other orthopaedic surgeries for they enhance view and streamline accessibility of surgical sites. Sustained demand for handpieces in applications such as placing bone screws, drilling and fixing guidewires will fuel surgical power tool market share. • In terms of the technology, the surgical power tools are categorized into electric, battery-driven, and pneumatic tools. Battery driven surgical tools are highly preferred due to their characteristics such durability, ease of usage, freedom of movement due to absence of cable and long life due to the usage of lithium batteries. • Considering the device type, the small bone power tools segment is expected to register an appreciable CAGR of 5.8% through 2026. The growth can be credited to the soaring number of dental, ENT and maxillofacial surgeries. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Regional Analysis • Speaking of the Asia Pacific region, India presents a wide scope for the adoption of surgical power tools. In 2016, the prevalence rate of osteoarthritis in the nation was 22% to 39% as published by the National Health Portal of India. These past trends signifying high rate of orthopaedic disorders will increase the demand for surgical power tools and open new avenues for the market to expand in APAC where osteoarthritis continues to be one of the most frequent joint diseases. • Competitive Analysis • On the competitive terrain, some of the renown names in the industry are AlloTech Co. Ltd., MatOrtho, Stryker, DePuy Synthes, DeSoutter Medical, Exactech, Nouvag AG, Medtronic, Zimmer and B.Braun Request for Customization @ https://www.gminsights.com/roc/4767 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Latest Research Report On surgical power tools Market @ https://www.gminsights.com/industry-analysis/surgical-power-tools-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/4767 Request for customization: https://www.gminsights.com/roc/4767 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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