Press release
Orthopedic Surgical Power Tools Market Is Expected To Reach 1560 Million USD in 2025, with a CAGR of 2.3% - DePuy Synthes, Stryker, Medtronic, CONMED
This report studies the Orthopedic Surgical Power Tools market. The power tools are required to perform orthopedic surgeries. These power tools assist at various levels while the person is being operated for orthopedic surgeries. The different types of bone drills manufactured by GPC are powerful, reliable, and durable, with the right intrusion power to assist the surgeons to perform their surgeries successfully.
The global Orthopedic Surgical Power Tools market is valued at 1300 million US$ in 2017 and will reach 1560 million US$ by the end of 2025, growing at a CAGR of 2.3% during 2018-2025.
North America (with a revenue market share 41%) accounted for the largest share in the global orthopedic power tools market, followed by Europe in 2017. This is mainly attributed to increase in healthcare expenditure and large number of skilled healthcare professionals in North America.
By technology, the market is segmented into pneumatic powered, battery operated and electric powered. And the electric powered type cover a revenue market share of 52%.
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Global players in the industry are partnering with companies and organization based in Asia, in order to expand their geographic presence in this highly lucrative market. This is expected to increase the availability of advanced equipment such as orthopedic power tools in the region. Key players operating in the global orthopedic power tools market include DePuy Synthes, Stryker, Medtronic, CONMED, Zimmer Biomet, B. Braun, Arthrex, OsteoMed, Smith & Nephew, Brasseler USA, De Soutter Medical, Adeor, MicroAire and etc.
The major players covered in this report
DePuy Synthes
Stryker
Medtronic
CONMED
Zimmer Biomet
B. Braun
Arthrex
OsteoMed
Smith & Nephew
Brasseler USA
De Soutter Medical
Adeor
MicroAire
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Electric Powered
Battery Operated
Pneumatic Powered
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
Hospitals
Clinics
Ambulatory Surgery Centers (ASC)
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