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Global Powered Surgical Instruments Market, Trends, Size By Power Source (Electric Instruments, Battery-Powered Instruments, and Pneumatic Instruments), By Product (Handpieces, Power Sources, and Controls, and Accessories), By Application (Orthopedic Surgery, Oral and Maxillofacial Surgery, Neurosurgery, ENT Surgery, Cardiothoracic Surgery, and Plastic and Reconstructive Surgery), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030.


Report ID : IR1001285 | Industries : Healthcare | Published On :May 2024 | Page Count : 234

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  • Global Powered Surgical Instruments Market, Trends, Size By Power Source (Electric Instruments, Battery-Powered Instruments, and Pneumatic Instruments), By Product (Handpieces, Power Sources, and Controls, and Accessories), By Application (Orthopedic Surgery, Oral and Maxillofacial Surgery, Neurosurgery, ENT Surgery, Cardiothoracic Surgery, and Plastic and Reconstructive Surgery), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030.
    Global Powered Surgical Instruments Market 
    The Global Powered Surgical Instruments Market was valued at US$ 2.78 Bn in 2022, estimated to reach US$ 3.43 Bn by 2030, with a CAGR of 2.66% from 2023-2030.
    During surgical procedures, powered surgical instruments are specifically engineered technology instruments. These tools are more effective and cut down on the amount of time needed for an operation. These tools are used in orthopedic surgery, neurosurgery, oral surgery, plastic reconstructive surgery, and other surgical procedures to give precise drilling, cutting, sculpting, shaving, and other practices.
    Market Drivers
    The aging population, rising surgical volume globally, and rising demand for less invasive treatments are driving market expansion. Innovative and disruptive technological developments have also favorably impacted the market, such as surgical robotics. Additionally, a growing geriatric population and increased knowledge of the benefits of these instruments are anticipated to fuel market growth. The global expansion of the Powered Surgical Instruments Market is anticipated to benefit from the rising medical tourism in developed nations. 
    Market Restraints
    The market's growth is projected to be constrained by issues such as poor quality assurance and persistent cost-cutting pressure on healthcare providers. In addition, the shortage of qualified specialists is anticipated to hamper the market growth in the coming years.
    Market Segmentation
    The scope of the Global Powered Surgical Instruments Market covers segmentation based on Power Source, Product, Application and Region.
    Based on Power Source, the market is divided into Electric Instruments, Battery-Powered Instruments, and Pneumatic Instruments.
    Based on Product, the market is classified into Handpieces, Power Sources, and Controls, and Accessories.
    Based on Application, the market is bifurcated into Orthopedic Surgery, Oral and Maxillofacial Surgery, Neurosurgery, ENT Surgery, Cardiothoracic Surgery, and Plastic and Reconstructive Surgery.
    Regional Analysis
    The Global Powered Surgical Instruments Market is segmented into 5 main regions, namely North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
    North America is estimated to hold a major market share. Technology development, the incidence of chronic diseases, rising surgical volume, senior patients' expectations of higher levels of function, and payment schemes that encourage sophisticated fusion surgery are the main factors driving the market for powered surgical equipment. 
    Additionally, nearly half of Americans suffer cardiovascular disorders, such as hypertension, coronary heart disease, etc., according to statistics released by the American Heart Association in January 2019. The market for powered surgical instruments is driven by the prevalence of cardiac disorders, which creates a need for cardiovascular procedures.
    Key Players
    Medtronic, Johnson & Johnson Services Inc., B. Braun Melsungen AG, Stryker, Smith & Nephew Inc., Zimmer Biomet, CONMED Corporation, Abbott, DePuy Synthes, De Soutter Medical.
    Market Taxonomy
    By Power Source

    • Electric Instruments
    • Battery-Powered Instruments
    • Pneumatic Instruments
    By Product
    • Handpieces
    • Power Sources and Controls
    • Accessories
    By Application
    • Orthopedic Surgery
    • Oral and Maxillofacial Surgery
    • Neurosurgery
    • ENT Surgery
    • Cardiothoracic Surgery
    • Plastic and Reconstructive Surgery


     

    Global Powered Surgical Instruments Market
    1 Introduction
    1.1 Objective of the Study
    1.2 Market Definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Powered Surgical Instruments Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Cumulative Impact due to recent Energy Crisis
    4.2.5 Cumulative Impact due to nearing economic downturn.
    4.2.6 Post covid-19 world Supply& Demand conditions
    4.2.7 Cumulative Impact of Russia-Ukraine Conflict
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Powered Surgical Instruments Market, By Power Source
    5.1 Y-o-Y Growth Comparison, By Product and Services
    5.2 Global Powered Surgical Instruments Market Share Analysis, By Power Source
    5.3 Global Powered Surgical Instruments Market Size and Forecast, By Power Source
    5.3.1 Electric Instruments
    5.3.2 Battery-Powered Instruments
    5.3.3 Pneumatic Instruments
    6 Global Powered Surgical Instruments Market, By Product
    6.1 Y-o-Y Growth Comparison, By Product
    6.2 Global Powered Surgical Instruments Market Share Analysis, By Product
    6.3 Global Powered Surgical Instruments Market Size and Forecast, By Product 
    6.3.1 Handpieces
    6.3.2 Power Sources and Controls
    6.3.3 Accessories
    7 Global Powered Surgical Instruments Market, By Application
    7.1 Y-o-Y Growth Comparison, By Application
    7.2 Global Powered Surgical Instruments Market Share Analysis, By Application
    7.3 Global Powered Surgical Instruments Market Size and Forecast, By Application
    7.3.1 Orthopedic Surgery
    7.3.2 Oral and Maxillofacial Surgery
    7.3.3 Neurosurgery
    7.3.4 ENT Surgery
    7.3.5 Cardiothoracic Surgery
    7.3.6 Plastic and Reconstructive Surgery
    8 Global Powered Surgical Instruments Market, By Region
    8.1 Global Powered Surgical Instruments Market Share Analysis, By Region
    8.2 Global Powered Surgical Instruments Market Size and Forecast, By Region
    8.3 Global Powered Surgical Instruments Market Trends and Forecast, By Region
    9 North America Powered Surgical Instruments Market Analysis and Forecast (2023-2030)
    9.1 Introduction
    9.2 North America Powered Surgical Instruments Market Share Analysis, By Power Source
    9.3 North America Powered Surgical Instruments Market Size and Forecast, By Product 
    9.4 North America Powered Surgical Instruments Market Size and Forecast, By Application
    9.5 North America Powered Surgical Instruments Market Size and Forecast, By Country
    9.5.1 U.S.
    9.5.1.1 Market Size and Forecast, By Power Source
    9.5.1.2 Market Size and Forecast, By Product
    9.5.1.3 Market Size and Forecast, By Application
    9.5.2 Canada
    9.5.2.1 Market Size and Forecast, By Power Source
    9.5.2.2 Market Size and Forecast, By Product
    9.5.2.3 Market Size and Forecast, By Application
    9.5.3 Mexico
    9.5.3.1 Market Size and Forecast, By Power Source
    9.5.3.2 Market Size and Forecast, By Product
    9.5.3.3 Market Size and Forecast, By Application
    10 Europe Powered Surgical Instruments Market Analysis and Forecast (2023-2030)
    10.1 Introduction
    10.2 Europe Powered Surgical Instruments Market Share Analysis, By Power Source
    10.3 Europe Powered Surgical Instruments Market Size and Forecast, By Product 
    10.4 Europe Powered Surgical Instruments Market Size and Forecast, By Application
    10.5 Europe Powered Surgical Instruments Market Size and Forecast, By Country
    10.5.1 Germany
    10.5.1.1 Market Size and Forecast, By Power Source
    10.5.1.2 Market Size and Forecast, By Product
    10.5.1.3 Market Size and Forecast, By Application
    10.5.2 France
    10.5.2.1 Market Size and Forecast, By Power Source
    10.5.2.2 Market Size and Forecast, By Product
    10.5.2.3 Market Size and Forecast, By Application
    10.5.3 UK
    10.5.3.1 Market Size and Forecast, By Power Source
    10.5.3.2 Market Size and Forecast, By Product
    10.5.3.3 Market Size and Forecast, By Application
    10.5.4 Russia 
    10.5.4.1 Market Size and Forecast, By Power Source
    10.5.4.2 Market Size and Forecast, By Product
    10.5.4.3 Market Size and Forecast, By Application
    10.5.5 Italy
    10.5.5.1 Market Size and Forecast, By Power Source
    10.5.5.2 Market Size and Forecast, By Product
    10.5.5.3 Market Size and Forecast, By Application
    10.5.6 Spain
    10.5.6.1 Market Size and Forecast, By Power Source
    10.5.6.2 Market Size and Forecast, By Product
    10.5.6.3 Market Size and Forecast, By Application
    10.5.7 Rest of Europe
    10.5.7.1 Market Size and Forecast, By Power Source
    10.5.7.2 Market Size and Forecast, By Product
    10.5.7.3 Market Size and Forecast, By Application
    11 Asia Pacific Powered Surgical Instruments Market Analysis and Forecast (2023-2030)
    11.1 Introduction
    11.2 Asia Pacific Powered Surgical Instruments Market Share Analysis, By Power Source
    11.3 Asia Pacific Powered Surgical Instruments Market Size and Forecast, By Product 
    11.4 Asia Pacific Powered Surgical Instruments Market Size and Forecast, By Application
    11.5 Asia Pacific Powered Surgical Instruments Market Size and Forecast, By Country
    11.5.1 China
    11.5.1.1 Market Size and Forecast, By Power Source
    11.5.1.2 Market Size and Forecast, By Product
    11.5.1.3 Market Size and Forecast, By Application
    11.5.2 Japan
    11.5.2.1 Market Size and Forecast, By Power Source
    11.5.2.2 Market Size and Forecast, By Product
    11.5.2.3 Market Size and Forecast, By Application
    11.5.3 India
    11.5.3.1 Market Size and Forecast, By Power Source
    11.5.3.2 Market Size and Forecast, By Product
    11.5.3.3 Market Size and Forecast, By Application
    11.5.4 South Korea
    11.5.4.1 Market Size and Forecast, By Power Source
    11.5.4.2 Market Size and Forecast, By Product
    11.5.4.3 Market Size and Forecast, By Application
    11.5.5 Australia
    11.5.5.1 Market Size and Forecast, By Power Source 
    11.5.5.2 Market Size and Forecast, By Product
    11.5.5.3 Market Size and Forecast, By Application
    11.5.6 New Zealand
    11.5.6.1 Market Size and Forecast, By Power Source
    11.5.6.2 Market Size and Forecast, By Product
    11.5.6.3 Market Size and Forecast, By Application
    11.5.7 Singapore
    11.5.7.1 Market Size and Forecast, By Power Source
    11.5.7.2 Market Size and Forecast, By Product
    11.5.7.3 Market Size and Forecast, By Application
    11.5.8 Malaysia
    11.5.8.1 Market Size and Forecast, By Product and Services
    11.5.8.2 Market Size and Forecast, By Product
    11.5.8.3 Market Size and Forecast, By Application
    11.5.9 Rest of Asia
    11.5.9.1 Market Size and Forecast, By Power Source
    11.5.9.2 Market Size and Forecast, By Product
    11.5.9.3 Market Size and Forecast, By Application
    12 Latin America Powered Surgical Instruments Market Analysis and Forecast (2023-2030)
    12.1 Introduction
    12.2 Latin America Powered Surgical Instruments Market Share Analysis, By Power Source
    12.3 Latin America Powered Surgical Instruments Market Size and Forecast, By Product 
    12.4 Latin America Powered Surgical Instruments Market Size and Forecast, By Application
    12.5 Latin America Powered Surgical Instruments Market Size and Forecast, By Country
    12.5.1 Brazil
    12.5.1.1 Market Size and Forecast, By Power Source
    12.5.1.2 Market Size and Forecast, By Product
    12.5.1.3 Market Size and Forecast, By Application
    12.5.2 Argentina
    12.5.2.1 Market Size and Forecast, By Power Source
    12.5.2.2 Market Size and Forecast, By Product
    12.5.2.3 Market Size and Forecast, By Application
    12.5.3 Colombia
    12.5.3.1 Market Size and Forecast, By Power Source
    12.5.3.2 Market Size and Forecast, By Product
    12.5.3.3 Market Size and Forecast, By Application
    12.5.4 Peru
    12.5.4.1 Market Size and Forecast, By Power Source
    12.5.4.2 Market Size and Forecast, By Product
    12.5.4.3 Market Size and Forecast, By Application
    12.5.5 Chile
    12.5.5.1 Market Size and Forecast, By Power Source
    12.5.5.2 Market Size and Forecast, By Product
    12.5.5.3 Market Size and Forecast, By Application
    12.5.6 Venezuela
    12.5.6.1 Market Size and Forecast, By Power Source
    12.5.6.2 Market Size and Forecast, By Product
    12.5.6.3 Market Size and Forecast, By Application
    12.5.7 Rest of Latin America
    12.5.7.1 Market Size and Forecast, By Power Source
    12.5.7.2 Market Size and Forecast, By Product
    12.5.7.3 Market Size and Forecast, By Application
    13 Middle East Powered Surgical Instruments Market Analysis and Forecast (2023-2030)
    13.1 Introduction
    13.2 Middle East Powered Surgical Instruments Market Share Analysis, By Power Source
    13.3 Middle East Powered Surgical Instruments Market Size and Forecast, By Product 
    13.4 Middle East Powered Surgical Instruments Market Size and Forecast, By Application
    13.5 Middle East Powered Surgical Instruments Market Size and Forecast, By Country
    13.5.1 Saudi Arabia
    13.5.1.1 Market Size and Forecast, By Power Source
    13.5.1.2 Market Size and Forecast, By Product
    13.5.1.3 Market Size and Forecast, By Application
    13.5.2 UAE
    13.5.2.1 Market Size and Forecast, By Power Source
    13.5.2.2 Market Size and Forecast, By Product
    13.5.2.3 Market Size and Forecast, By Application
    13.5.3 Egypt
    13.5.3.1 Market Size and Forecast, By Power Source
    13.5.3.2 Market Size and Forecast, By Product
    13.5.3.3 Market Size and Forecast, By Application
    13.5.4 Kuwait
    13.5.4.1 Market Size and Forecast, By Power Source
    13.5.4.2 Market Size and Forecast, By Product
    13.5.4.3 Market Size and Forecast, By Application
    13.5.5 South Africa
    13.5.5.1 Market Size and Forecast, By Power Source
    13.5.5.2 Market Size and Forecast, By Product
    13.5.5.3 Market Size and Forecast, By Application
    13.5.5 Rest of Middle East & Africa
    13.5.6.1 Market Size and Forecast, By Power Source
    13.5.6.2 Market Size and Forecast, By Product
    13.5.6.3 Market Size and Forecast, By Application
    14 Competitive Analysis
    14.1 Competition Dashboard
    14.2 Market share Analysis of Top Vendors
    14.3 Key Development Strategies
    15 Company Profiles
    15.1 Medtronic
    15.1.1 Overview
    15.1.2 Offerings
    15.1.3 Key Financials
    15.1.4 Business Segment & Geographic Overview
    15.1.5 Key Market Developments
    15.1.6 Key Strategies
    15.2 Johnson & Johnson Services Inc.
    15.2.1 Overview
    15.2.2 Offerings
    15.2.3 Key Financials
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    15.2.6 Key Strategies
    15.3 B. Braun Melsungen AG
    15.3.1 Overview
    15.3.2 Offerings
    15.3.3 Key Financials
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4 Stryker
    15.4.1 Overview
    15.4.2 Offerings
    15.4.3 Key Financials
    15.4.4 Business Segment & Geographic Overview
    15.4.5 Key Market Developments
    15.4.6 Key Strategies
    15.5 Smith & Nephew Inc.
    15.5.1 Overview
    15.5.2 Offerings
    15.5.3 Key Financials
    15.5.4 Business Segment & Geographic Overview
    15.5.5 Key Market Developments
    15.5.6 Key Strategies
    15.6 Zimmer Biomet
    15.6.1 Overview
    15.6.2 Offerings
    15.6.3 Key Financials
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7 CONMED Corporation
    15.7.1 Overview
    15.7.2 Offerings
    15.7.3 Key Financials
    15.7.4 Business Segment & Geographic Overview
    15.7.5 Key Market Developments
    15.7.6 Key Strategies
    15.8 Abbott
    15.8.1 Overview
    15.8.2 Offerings
    15.8.3 Key Financials
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies
    15.9 DePuy Synthes
    15.9.1 Overview
    15.9.2 Offerings
    15.9.3 Key Financials
    15.9.4 Business Segment & Geographic Overview
    15.9.5 Key Market Developments
    15.9.6 Key Strategies
    15.10 De Soutter Medical
    15.10.1 Overview
    15.10.2 Offerings
    15.10.3 Key Financials
    15.10.4 Business Segment & Geographic Overview
    15.10.5 Key Market Developments
    15.10.6 Key Strategies