As Per the Report, the Size of the Asia Pacific Powered Surgical Instruments Market is valued at USD 1823.59 million in 2022 and estimated to be growing at a CAGR of 7.27%, to reach USD 2590.11 Million by 2027 during the forecast period 2022 to 2027.
A powered surgical instrument is a device designed especially for a specific procedure during surgery. Sources of power for powered surgical instruments are either electrical or pneumatic, the former of which includes line current and batteries. Pneumatic power sources utilize compressed gases such as nitrogen, carbon dioxide, or compressed air.
The conventional surgery involves a large incision and causes a lot of trauma to soft tissues which are present in the areas of injury. Minimally invasive procedures achieve the same goal and decrease the trauma by small incisions itself. Surgeries including orthopaedic procedures, ENT surgeries, complex spine surgeries, and neurosurgeries can be treated using minimally invasive techniques. Conditions related to joint replacement, arthroscopic repairs of sports injuries, and microscopic treatment of musculoskeletal conditions which are complex in nature use minimally invasive techniques. This will subsequently push vendors in introducing more variants of powered surgical instruments used in minimally invasive procedures.
The driving factors of Asia Pacific powered surgical instruments market are innovative technological achievements such as surgical robotics, rising prevalence of chronic diseases like cancer, cardiovascular diseases, orthopaedic conditions and neurological diseases, medical tourism, rising investment in health care and growing prevalence of lifestyle-related diseases among others. However, the market is constrained by factors like inadequate quality assurance, lack of adequate sterilization processes and rising pressure on healthcare providers to reduce costs among others.
This research report on the Asia Pacific Powered Surgical Instruments Market has been segmented and sub-segmented into the following categories
By Power Source:
On the basis of region, Asia Pacific has the third-largest market for powered surgical instruments in the world by share and is also the fastest-growing region. Factors such as the growing incidence of chronic diseases and rising technological achievements are expected to drive market growth in the region.
Top Companies dominating the Asia Pacific Powered Surgical Instruments Market Profiled in the Report are B. Braun Melsungen Ag, Medtronic, Inc., Johnson and Johnson, Stryker Corporation, Conmed Corporation, Smith and Nephew PLC, Microaire Surgical Instruments, Inc., Peter Brasseler Holdings, LLC., Zimmer Holdings and Desoutter Medical Ltd. among others.
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