Surgical Power Tool Market is anticipated to grow at a CAGR of 6.47% from 2021 to 2027 globally – Axiom MRC

Global-Surgical-Power-Tool-Market  (1)

The factors such as significant adoption of the technological advances in the healthcare industries, adoption of the surgical power tool having the advantages of higher performance, longer life cycle and improved reliability has been responsible for driving the growth of the surgical power tool market during the forecast period.

New York, December 2021: Axiom Market Research & Consulting™ added a report on Surgical Power Tool Market which includes study on product, technology, applications, device type, and geography. The Surgical Power Tool Market was projected to grow at a CAGR of 6.47% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the Surgical Power Tool Market.

The report analyses the surgical power tool market based on product, technology, applications, device type and geography. By product, the surgical power tool market is segmented into handpiece, disposables (drills, saws, staplers, reamers, blades, burr, and shavers), and accessories. By technology, the surgical power tool market is segmented into electric-operated power tool, battery driven power tool, and pneumatic power tool. By applications, the surgical power tool market is segmented into orthopaedic surgery, ent surgery, neurology surgery, and cardiothoracic surgery. By device type, the surgical power tool market is segmented into large bone power tool, medium bone power tool, small bone power tool, and high speed drilling. Geographically, the surgical power tool market is studied for the regions including North America, Europe, Asia Pacific and Rest of the World.

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The key players in the surgical power tool market are DePuy Synthes (Johnson & Johnson), B. Braun Melsungen AG, iMEDICOM, DeSoutter Medical, Adeor medical AG, Shanghai Bojin Medical Instrument Co. Ltd, AlloTech Co. LTD, Stryker Corporation, Zimmer Biomet, Orthopromed, Nouvag AG, Medical Bees GmbH, MatOrtho, Exactech, and Medtronic plc among others.

Regional Trends of Surgical Power Tool Market

Based on the geography, the surgical power tool market is studied for the regions including North America, Europe, Asia Pacific, and Rest of the World. North America is estimated to be the dominating region in the surgical power tool market during the forecast period. The factors like increasing healthcare sector funding and increase in the number of surgeries has been propelling the growth of the market in the region. Asia Pacific is expected to witness fast growth in the surgical power tool market during the forecast period because of the developing countries like Australia, India and others.

Surgical Power Tool Market Segmentation Highlights

  • The drill sub-segment of disposables product segment is likely going to dominate the surgical power tool market during the forecast period as its applications in the plastic and orthopaedic surgeries are increasing.
  • The battery driven power tools technology segment is expected to dominate the surgical power tool market during the forecast period. The increase in the usage of the battery driven power has been propelling the growth of the segment in the market.
  • The orthopaedic surgery application segment is estimated to dominate the surgical power tool market during the forecast period. The significant applications of the surgical tools in orthopaedic surgeries have been propelling the growth of the segment in the market.
  • The large bone power tool device type segment is expected to dominate the surgical power tool market during the forecast period. The increase in the numbers of injuries of large bones like femur, tibia, fibula, and humerus has been propelling the growth of the segment in the market.
  • North America is estimated to be the dominating region in the surgical power tool market during the forecast period. The increasing technical advances in the healthcare sector has been propelling the growth of the market in the region.

Research Objectives of Surgical Power Tool Market Report:

  • Analysing the outlook of the surgical power tool market with the recent trends and Porter’s five forces analysis
  • Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period
  • Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects
  • Country-level analysis, integrating the demand and supply forces that are influencing the growth of the surgical power tool market
  • Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years
  • Comprehensive company profiles, covering the product offerings, key financial information, recent developments and strategies employed by the major market players.

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Contact Information:

Contact Us:
Axiom Market Research & Consulting
United States
3 Germay Dr.Ste 4 – 4666
Wilmington DE 19804
U.S.:- + 1 (845) 875-9786
U.K.:- + 44 (0) 20 3286 9707
Email: sales@axiommrc.com
Website: https://www.axiommrc.com

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