APAC Surgical Drills Market

APAC Surgical Drills Market Size (2024 to 2029)

The size of the surgical drills market in the APAC region is expected to grow USD 0.41 billion by 2029 from USD 0.28 billion in 2024, growing at a CAGR of 7.96% from 2024 to 2029.

Surgical drills are used for various purposes, and their design varies depending on the use. Surgical drills are in high demand since they are required for most critical procedures. Surgical drills have seen significant technological evolution over the last decade. Surgical site infections were a big worry at first, particularly during surgeries that necessitated drills.

Early surgical drill designs were based on domestic drilling equipment, which posed a significant danger of bone and tissue injury and post-surgery infections. On the other hand, surgical drills have evolved significantly through time and are now available in a variety of forms and with an extensive range of accessories.

The growth of the surgical drills market in the APAC region is expected to be fueled by continuous advancements in surgical drill technology, increased surgical treatment awareness, and improvements in healthcare infrastructure and equipment in developing nations such as China and India. The other key market driving factors include the rising prevalence of chronic diseases and trauma conditions, the fact that pneumatic drills have lower back-end costs than other drills, and the fact that it is the best surgical drill for dental/oral surgeries because it provides superior torque to battery-powered drills.

However, the penetration of the APAC surgical drills market is predicted to be constrained to some extent due to lower acceptance of advanced surgical equipment and limited budgets for state-owned healthcare facilities to procure surgical instruments, as well as more significant investments.

This research report on the APAC surgical drills market has been segmented and sub-segmented into the following categories.

By Product:

• Pneumatic Drills
• Electric Drills
• Battery Powered Drills
• Accessories

By Application:

• Orthopedic Surgery
• Neurosurgery
• Ear Nose Throat (ENT)
• Dental Surgery

By End-User:

• Hospitals
• Ambulatory Surgical Centers
• Research Institutes

By Country:

• India
• China
• Japan
• South Korea
• Australia
• New Zealand
• Thailand
• Malaysia
• Vietnam
• Philippines
• Indonesia
• Singapore
• Rest of APAC

Geographically, surgical drills are expected to more traction in the APAC region during the forecast period owing to escalating R&D spending in the healthcare market and growing technical upgrades, making the Asia Pacific one of the fastest-growing regions. Furthermore, the rising occurrence of road accidents and bone fractures in countries like India and Japan has resulted in a greater demand for orthopedic and dental procedures, leading to increased surgeries. According to the CDC, more than 1 million people are killed on regional highways every year (Centers for Disease Control and Prevention). In addition, consumer knowledge of oral hygiene is increasing, and disposable incomes are growing, influencing the market growth.

The Japanese surgical drills market is expected to grow at a significant CAGR during the forecast period. The development of better surgical methods and enhanced therapeutic treatments, in particular, has had a beneficial impact on market growth. Furthermore, high population awareness, state-of-the-art medical infrastructure, and high disposable income are just a few of the many aspects that drive the surgical drills market growth in Japan.

Other APAC countries such as India and China are projected to showcase promising growth during the forecast period. Due to increased safety safeguards such as incorporated fuses to avoid unintended damage, electrically powered power tools offer steady torque even when faced with resistance and a higher load. In addition, electric power tools are becoming more popular among surgeons because they can be modified quickly, giving them more surgical adaptability.

KEY MARKET PLAYERS:

Some of the key companies operating in the APAC surgical drills market are Zimmer Biomet, Stryker, Medtronic, B. Braun Medical Inc., Johnson & Johnson Services, McGinley Orthopedics, and CONMED Corporation.