In the Surgical Power Tools Market report, the whole and crystal clear outline of the Surgical Power Tools Market is penned down which is valuable for many businesses. The info covered in the report helps businesses know how patents, licensing agreements and other legal restrictions affect the manufacture and sale of the firm’s products. Surgical Power Tools Market industry is anticipated to witness higher growth during the forecast period due to growing demand at the end user level. In addition, strategic model around the growth objective is designed by analysts, with a detailed route-to-market analysis, competencies to be leveraged and developed, as well as any potential pitfalls.
Data Bridge Market Research analyses that the market is growing with a CAGR of 4.6% in the forecast period of 2021 to 2028 and is expected to reach USD 2,484.87 million by 2028 from USD 1,763.10 million in 2020.
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Market Overview
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
The major companies providing surgical power tools are Medtronic, Stryker, Zimmer Biomet, OrthoPromed, NOUVAG AG, Medical Bees Gmbh, Exactech, Inc., DePuy Synthes (The Orthopedic company of Johnson Johnson Services, Inc.), B. Braun Melsungen AG, CONMED Corporation, Adeor Medical AG, Arthrex, Inc., Shanghai Bojin Medical Instruments CO., Ltd, Chongqing Xishan Science Technology Co., Ltd., Sharma Orthopedic India Pvt Ltd, gpcmedical, NSK LTD., Sharplinegroup, MatOrtho Limited, IMEDICOM, maxon, PUSM MEDICAL, Komet Medical, Wuhu Ruijin Medical Instrument Device Co., ltd., Aygun co., Inc., 3M, De Soutter Medical, AlloTech Co.,LTD among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Surgical Power Tools Market Scope and Market Size
Global surgical power tools market is categorized into six notable segments which are based on basis of product, technology, device type, application, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the global surgical power tools market is segmented into handpiece, disposables and accessories. In 2021, the handpiece segment is expected to dominate the market due to its automatic power optimization feature, smooth surgical delivery, and high compatibility rate with a wide range of accessories and disposables. Handpieces are used for various surgical procedures ranging from drilling to reaming, boosting the market growth.
- On the basis of technology, the global surgical power tools market is segmented into electric-operated power tools, battery-driven power tools, pneumatic power tools, others. In 2021, the electric-operated power tools segment is expected to dominate the market as this instrument offers constant torque even with high resistance and higher load. Moreover, enhanced safety precautions associated with accidental injuries have been lowered by introducing electrically operated power tools, accelerating market growth. Electric-powered power tools do not produce any vibratory sensation, enhancing their demand in the market.
- On the basis of device type, the global surgical power tools market is segmented into large bone power tools, small bone power tools, medium bone power tools, others. In 2021, the large bone power tools segment is expected to dominate the market due to the rise in the prevalence of osteoarthritis, osteoporosis, and hip fractures, among other large bone injuries. Moreover, the growing number of knee arthroplasty, among others, is providing the market with lucrative growth.
- On the basis of application, the global surgical power tools market is segmented into orthopedic surgery, ENT surgery, neurology surgery, dental surgery, cardiothoracic surgery, others. In 2021, the orthopedic surgery segment is expected to dominate the market due to the rise in a number of sorts and road accidents and the high adoption of minimally-invasive surgical procedures.
- On the basis of end user, the global surgical power tools market is segmented into hospitals, ambulatory surgical centers (ASC), clinics, others. In 2021, the hospitals segment is expected to dominate the market due to the rise in number of surgeries and demand for devices that can cut off the overall surgery time and high-cost pressure.
- On the basis of distribution channel, the global surgical power tools market is segmented into direct tenders and third party distribution. In 2021, direct tenders segment is expected to the market due to low cost device procurement and large dependence of hospitals among other end users on direct tenders.
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Surgical Power Tools Market Landscape
Part 04: Surgical Power Tools Market Sizing
Part 05: Surgical Power Tools Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Get the Full Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-surgical-power-tools-market
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