As Per the Report, the Global Powered Surgical Instruments Market Size is valued at USD 10.6 billion in 2020 and estimated to be growing at a CAGR of 6.77%, to reach USD 14.71 billion by 2025 during the forecast period 2020-2025.
MARKET OVERVIEW
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.
DRIVERS
The driving factors of global 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.
REPORT COVERAGE
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REPORT METRIC |
DETAILS |
|
Market Size Available |
2019 – 2025 |
|
Base Year |
2019 |
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Forecast Period |
2020 - 2025 |
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Segments Covered |
By Application, Power source, Product, Region |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
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 |
This market research report on Global Powered Surgical Instruments Market has been segmented and sub-segmented into the following categories and analyzed market size and forecast until 2025.
Powered Surgical Instruments Market - By Application:
Powered Surgical Instruments Market - By Power Source:
Powered Surgical Instruments Market - By Product:
Regional Analysis:
North America has the leading market for Powered Surgical Instruments in the world, which is followed by Europe and Asia Pacific regions. Asia Pacific region is expected to have the fastest growth rate during the forecast period.
Key Players dominating the Global Powered Surgical Instruments Market Profiled in the Report are:
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Application
5.1.1 Oral and Maxillofacial Surgery
5.1.2 Orthopaedic Surgery
5.1.3 Neurosurgery
5.1.4 ENT Surgery
5.1.5 Plastic and Reconstructive Surgery
5.1.6 Cardiothoracic Surgery
5.1.7 Y-o-Y Growth Analysis, By Application
5.1.8 Market Attractiveness Analysis, By Application
5.1.9 Market Share Analysis, By Application
5.2 Power Source
5.2.1 Battery Powered Instruments
5.2.2 Electric Instruments
5.2.3 Pneumatic Instruments
5.2.4 Y-o-Y Growth Analysis, By Power Source
5.2.5 Market Attractiveness Analysis, By Power Source
5.2.6 Market Share Analysis, By Power Source
5.3 Product
5.3.1 Power Source and Controls
5.3.1.1 Electric Consoles
5.3.1.2 Batteries
5.3.1.3 Pnematic Regulators
5.3.2 Accessories
5.3.2.1 Drills
5.3.2.2 Saws
5.3.2.3 Reamers
5.3.2.4 Shavers
5.3.2.5 Staplers
5.3.2.6 Pin Drivers
5.3.2.7 Other Accessories
5.3.3 Handpieces
5.3.3.1 Surgical Accessories
5.3.3.2 Electric Accessories
5.3.3.3 Other Handpieces
5.3.4 Y-o-Y Growth Analysis, By Product
5.3.5 Market Attractiveness Analysis, By Product
5.3.6 Market Share Analysis, By Product
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Application
6.1.3.2 By Power Source
6.1.3.3 By Product
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Application
6.1.4.2 By Power Source
6.1.4.3 By Product
6.1.5 Market Share Analysis
6.1.5.1 By Application
6.1.5.2 By Power Source
6.1.5.3 By Product
6.2 North America
6.2.1 Introduction
6.2.2 United States
6.2.3 Canada
6.3 Europe
6.3.1 Introduction
6.3.2 U.K
6.3.3 Spain
6.3.4 Germany
6.3.5 Italy
6.3.6 France
6.4 Asia-Pacific
6.4.1 Introduction
6.4.2 China
6.4.3 India
6.4.4 Japan
6.4.5 Australia
6.4.6 South Korea
6.5 Latin America
6.5.1 Introduction
6.5.2 Brazil
6.5.3 Argentina
6.5.4 Mexico
6.5.5 Rest of Latin America
6.6 Middle East & Africa
6.6.1 Introduction
6.6.2 Middle-East
6.6.3 Africa
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 B. Braun Melsungen Ag
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Medtronic, Inc.
8.3 Johnson and Johnson
8.4 Stryker Corporation
8.5 Conmed Corporation
8.6 Smith and Nephew PLC
8.7 Microaire Surgical Instruments, Inc.
8.8 Peter Brasseler Holdings, LLC.
8.9 Zimmer Holdings
8.10 Desoutter Medical Ltd.
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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