The global Orthopedic Surgical Power Tools Market is expected to reach USD 1,835.8 million by 2028 at a CAGR of 3.7%, according to a new report by Reports and Data. Key factors contributing to market revenue growth are growing geriatric population, increasing prevalence of orthopedic disorders such as osteoarthritis and rheumatoid arthritis, rising volumes of orthopedic surgeries, and growing preference for minimally invasive surgical procedures. Increasing incidences of sports-related injuries and road accidents, technological advances in orthopedic surgical techniques, and introduction of high-power and high-performance surgical tools such as pneumatic-powered and electric-powered systems are some of the other major factors accountable for the global orthopedic power tools market growth.
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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
The pharma and healthcare sector has significantly advanced in recent years and is expected to register steady revenue growth over the forecast period owing to rapid innovations in medical technology, increasing investments, rising healthcare expenditure, and high adoption of advanced products and systems. Factors such as rising prevalence of chronic diseases such as diabetes, cancer, cardiovascular diseases, and neurological disorders across the globe, rising cases of coronavirus, improving healthcare infrastructure and research facilities, and increasing adoption of remote patient monitoring services and home care settings are expected to fuel global market revenue growth over the forecast period. In addition, the increasing number of hospitals and ambulatory care centers worldwide, high demand for personalized medicine, increasing investments in drug discovery, and growing investments by public and private sectors are expected to drive global market growth in the coming years.
The report also focuses on details of each market player including its global position, financial standing, revenue generation, company overview, and product service portfolio. The Orthopedic Power Tools market is extremely competitive and consists of several key players at the regional and global levels. Key players are focused on adopting various strategies such as new product launches, mergers and acquisitions, investments in RD, partnerships, joint ventures, and collaborations to strengthen their market position and enhance their product portfolio.
The key players in the global orthopedic power tools market include ConMed Corporation, Medtronic, Stryker Inc., Arthrex, Zimmer Holdings Inc., DePuy Synthes, Misonix Inc., Aesculap, Adeor, Aygun Surgical Instruments, MedicMicro, B. Braun, OsteoMed, Brasseler USA, and Stars Medical Devices.
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The report also offers detailed insights about market segmentation based on type, application and regional bifurcation:
Orthopedic Power Tools Market Segmentation:
Product Type Outlook (Revenue, USD Million; 2018-2028)
- Large Bone Orthopedic Power Tools
- Small Bone Orthopedic Power Tools
- High-speed Orthopedic Power Tools
- Single-use (Disposable) Power Tools
- Orthopedic Reamers
Technology Type Outlook (Revenue, USD Million; 2018-2028)
- Pneumatic-powered Systems
- Electric-powered Systems
- Battery-operated Systems
- Corded Tools
Modality Outlook (Revenue, USD Million; 2018-2028)
- Single-use Power Tools
- Reusable Power Tools
Application Outlook (Revenue, USD Million; 2018-2028)
End-use Outlook (Revenue, USD Million; 2018-2028)
- Ambulatory Surgical Centres
- Orthopedic Clinics
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of LATAM)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of the Middle East Africa)
Some essential purposes of the Orthopedic Power Tools market research report:
- Vital Developments: Custom investigation provides critical improvements to the Orthopedic Power Tools market, including RD, new item shipment, coordinated efforts, development rate, partnerships, joint efforts, and local development of rivals working in the market on a global scale and regional.
- Market Characteristics: The report contains Orthopedic Power Tools market highlights, income, limit, limit utilization rate, value, net, creation rate, generation, utilization, import, trade, supply, demand, cost, part of the industry in general, CAGR, and gross margin. Likewise, the market report offers an exhaustive investigation of the elements and their most recent patterns, along with Service market fragments and subsections.
- Investigative Tools: This market report incorporates the accurately considered and evaluated information of the major established players and their extension into the Orthopedic Power Tools market by methods. Systematic tools and methodologies, for example, Porter’s Five Powers Investigation, Possibilities Study, and numerous other statistical investigation methods have been used to analyze the development of the key players working in the Orthopedic Power Tools market.
- Convincingly, the Orthopedic Power Tools report will give you an unmistakable perspective on every single market reality without the need to allude to some other research report or source of information. This report will provide all of you with the realities about the past, present, and eventual fate of the Orthopedic Power Tools market.
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