Ready To Use Orthopedic Power Tools Market size and forecast, 2017-2026

Orthopedic medicine primarily deals with the treatment and prevention of impairments caused by physical injuries, or birth-related disorders regarding musculoskeletal systems. Orthopedic power tools are devices manufactured for carrying out specific actions such as fixing implants, and drilling in surgical procedures. These are electrically operated devices that facilitate surgeons in performing surgeries with high precision and in lesser time. Large bone power tools, small bone power tools, and high speed power tools are included in the orthopedic power tools currently available in the market.

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Increased Adoption of Robotic Surgery to Propel Demand for Orthopedic Power Tools

Prevalence of minimally invasive surgeries has increased over the years, witnessing demand in treating various disorders such as neurosurgical, spinal and orthopedic diseases. Minimally invasive surgeries require orthopedic power tools, which carry out surgeries with a miniscule incision, lower the risk of bleeding, have shorter hospital stay post-surgery, and offer faster recovery. Demand for orthopedic power tools is also being driven by increased adoption of robotic surgery, owing to limited availability of skilled surgeons worldwide. Surgical robots with multiple arms are foraying into healthcare sector with their high surgical efficiency, with the capability of handling various orthopedic tools at the same time, thereby increasing their demand. However, hospital consolidation, cost-containment pressures, medical device excise taxes, and unfavorable reimbursement policies are some factors which are likely to restrain expansion of the global orthopedic tools market.

In its new report, Fact.MR has projected the global orthopedic tools market to register an average expansion throughout the forecast period, 2017 to 2026. Roughly US$ 2,500 Mn revenues will be reaped from global sales of orthopedic power tools by 2026-end.

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North America to Account for Largest Revenue Share of Global Orthopedic Power Tools Market during 2017-2026

Rapid technological advancements, and increasing volume of orthopedic procedures have accelerated demand for orthopedic power tools in North America. In terms of revenues, the largest share of the global orthopedic power tools market will be accounted by North America during 2017 to 2026. Europe and Asia-pacific excluding Japan (APEJ) will also remain lucrative regions for growth of the orthopedic power tools market.

A paradigm shift is being observed in the market from conventional reusable orthopedic power tools toward use of disposable or single-use orthopedic power tools. This is mainly to prevent the risk of infection in individuals caused by reusing & reprocessing the same orthopedic power tools on many individuals. In addition, single-use orthopedic power tools are cost-effective, and are pre-sterilized prior to their delivery to hospitals in a single-use format. Owing to these factors, sales of single-use power tools are projected to register the fastest expansion in the market through 2026, based on modality.

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Large Bone Power Tools – Most Lucrative among Products in the Market

Large bone power tools will continue to be the most lucrative product in the global orthopedic power tools market, followed by high-speed power tools. These power tools find huge application in trauma-related surgeries, and knee & hip reconstruction surgeries. Compared to large bone and high-speed power tools, small bone power tools will account for a significantly lower revenue share of the market throughout the forecast period.

Orthopedic clinics and ambulatory surgical centers are projected to be the fastest expanding end-users of orthopedic power tools by 2026-end. On the other hand, sales of orthopedic power tools in hospitals will register a relatively lower CAGR than that in orthopedic clinics and ambulatory surgical centers through 2026.

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Competition Tracking

Fact.MR’s report provides a competitive landscape of the global orthopedic power tools market, identifying key players in the market that include Misonix, CONMED Corporation, B Braun, Zimmer Biomet, Johnson & Johnson, and Stryker Corporation.

Detailed TOC of Orthopedic Power Tools Market

Chapter 1 Global Outlook

Chapter 2 Global Orthopedic Power Tools Market - Executive Summary

Chapter 3 Global Orthopedic Power Tools Market Overview
3.1 Introduction
3.1.1 Global Orthopedic Power Tools Market Taxonomy
3.1.2 Global Orthopedic Power Tools Market Definition
3.2 Global Orthopedic Power Tools Market Size (US$ Mn) and Forecast, 2012-2026
3.2.1 Global Orthopedic Power Tools Market Y-o-Y Growth
3.3 Global Orthopedic Power Tools Market Dynamics
3.4 Supply Chain
3.5 Cost Structure
3.6 Pricing Analysis
3.7 Procedure Numbers by Region
3.8 Key Regulations
3.9 PESTL Analysis
3.10 Product Lifecycle
3.11 Service Provider List
3.12 Key Participants Market Presence (Intensity Map) By Region

Chapter 4 Global Orthopedic Power Tools Market Analysis and Forecast 2012-2026
4.1 Global Orthopedic Power Tools Market Size and Forecast by Product Type, 2012-2026
4.1.1 Large Bone Power Tools Market Size and Forecast, 2012-2026
4.1.1.1 Revenue (US$ Mn) Comparison, By Region
4.1.1.2 Market Share Comparison, By Region
4.1.1.3 Y-o-Y growth Comparison, By Region
4.1.2 Small Bone Power Tools Market Size and Forecast, 2012-2026
4.1.2.1 Revenue (US$ Mn) Comparison, By Region
4.1.2.2 Market Share Comparison, By Region
4.1.2.3 Y-o-Y growth Comparison, By Region
4.1.3 High Speed Power Tools Market Size and Forecast, 2012-2026
4.1.3.1 Revenue (US$ Mn) Comparison, By Region
4.1.3.2 Market Share Comparison, By Region
4.1.3.3 Y-o-Y growth Comparison, By Region
4.2 Global Orthopedic Power Tools Market Size and Forecast by End User, 2012-2026
4.2.1 Hospitals Market Size and Forecast, 2012-2026
4.2.1.1 Revenue (US$ Mn) Comparison, By Region
4.2.1.2 Market Share Comparison, By Region
4.2.1.3 Y-o-Y growth Comparison, By Region
4.2.2 Ambulatory Surgical Centers Market Size and Forecast, 2012-2026
4.2.2.1 Revenue (US$ Mn) Comparison, By Region
4.2.2.2 Market Share Comparison, By Region
4.2.2.3 Y-o-Y growth Comparison, By Region
4.2.3 Orthopedic Clinics Market Size and Forecast, 2012-2026
4.2.3.1 Revenue (US$ Mn) Comparison, By Region
4.2.3.2 Market Share Comparison, By Region
4.2.3.3 Y-o-Y growth Comparison, By Region
4.3 Global Orthopedic Power Tools Market Size and Forecast by Modality, 2012-2026
4.3.1 Single Use Power Tools Market Size and Forecast, 2012-2026
4.3.1.1 Revenue (US$ Mn) Comparison, By Region
4.3.1.2 Market Share Comparison, By Region
4.3.1.3 Y-o-Y growth Comparison, By Region
4.3.2 Reusable Power Tools Market Size and Forecast, 2012-2026
4.3.2.1 Revenue (US$ Mn) Comparison, By Region
4.3.2.2 Market Share Comparison, By Region
4.3.2.3 Y-o-Y growth Comparison, By Region

Chapter 5 North America Orthopedic Power Tools Market Size and Forecast, 2012-2026
5.1 Regional Outlook
5.2 Revenue (US$ Mn) Comparison, By Country
5.3 Revenue (US$ Mn) Comparison, By Product Type
5.4 Revenue (US$ Mn) Comparison, By End User
5.5 Revenue (US$ Mn) Comparison, By Modality

And Continue...

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