Orthopedic Power Tools Market is Expected To Reach USD 1707.2 Million By Year 2026 | Top Key Players Aesculap, Arthrex, Brasseler USA, B. Braun Melsungen AG, ConMed Corporation, Intuitive Surgical

According to the current analysis of Reports and Data, the global Orthopedic Power Tools Market was valued at USD 1273.0 Million in 2018 and is expected to reach USD 1707.2 Million by year 2026, at a CAGR of 3.7%. The report covers different types of products which can boost up the market and the technology and the services available in this market to perform orthopedic surgeries. Orthopedic surgical power tools are cautiously generated power tools that are needed to execute orthopedic surgeries. They are necessitated by surgeons to inject the implants in the bones during orthopedic surgeries. These tools assist in the accuracy level needed for an orthopedic surgery, i.e. used by all surgeons.

Download Sample Copy of this Report before you purchase free of cost! @ https://www.reportsanddata.com/sample-enquiry-form/1417

Companies considered and profiled in this market study:

The Orthopedic Power Tools Market study postulates constructive intuition globally which includes the companies who are the key players in Global Orthopedic Power Tools Market, such as Aesculap, Arthrex, Brasseler USA, B. Braun Melsungen AG, ConMed Corporation, Intuitive Surgical, Johnson & Johnson, Medtronic Plc, Misonix, Mazor Robotics, Osteomed LLC, OMNlife Science Inc. Peter Brasseler Holdings, LLC. Stryker Inc., Smith & Nephew Plc, Think Surgical, Verb Surgical, Zimmer Biomet Holdings, Inc.

Owing to the consistently positive performance, orthopedic surgical power tools have been prevalent in the global market. They also provide several advantages as they are light weight, easy to assemble, economically viable. Due to this consistent development in the field of orthopedic, surgical power tools have been very popular in the global orthopedic power tools market. Key participants include B. Braun Melsungen AG, ConMed Corporation, Johnson & Johnson and Stryker Inc. Mergers and acquisitions are among the key strategies adopted by companies operating in this market. In January 2017, Zimmer Biomet acquired Medtech SA for USD 132 million to expand into robotic surgery to add ROSA robotic device to its product portfolio which is used for brain and spine surgeries. The Merger and Acquisition (M&A) deal between Smith & Nephew and Blue Belt Holdings, Inc. took effect on January, 2016 acquiring a dominant position in the growing areas of orthopaedic robotics-assisted surgery for partial knee replacements.

Segments covered in the report:

For the purpose of the study, this Reports and Data has segmented the Global Orthopedic Power Tools Market on the basis of product type, technology type, modality, application, end user and the regional outlook:

Global Orthopedic Power Tools Market Segments:

Product Type: (Revenue, USD Million; 2016-2026)
Large Bone Orthopedic Power Tools
Small Bone Orthopedic Power Tools
High-Speed Orthopedic Power Tools
Single Use (Disposable) Power Tools
Orthopedic Reamers
Consumables

Technology Type: (Revenue, USD Million; 2016-2026)
Pneumatic-Powered Systems
Electric-Powered Systems
Battery Operated-Powered System
Corded Tools

Modality: (Revenue, USD Million; 2016-2026)
Single Use Power Tools
Reusable Power Tools

Application: (Revenue, USD Million; 2016-2026)
Orthopedic
ENT
Oral
Thoracic
Neurology

Grab Your Report at an Impressive Discount! Please Click Here @ https://www.reportsanddata.com/discount-enquiry-form/1417

End Use: (Revenue, USD Million; 2016-2026)
Hospitals
Ambulatory Surgical Centres
Orthopedic Clinics
Others

Regional Outlook: (Revenue, USD Million; 2016-2026)
North America
Europe
Asia Pacific
Latin America
Middle East and Africa (MEA)

Further key findings from the report suggest:

1. Orthopedic Market is fastest growing at a CAGR of 2% in Asia Pacific followed by North America respectively. Rising cases of osteoporosis are fuelling the demand for orthopedic power tools in most of the developing economies in Asia Pacific.

2. Single use power tools segment is the fastest growing in this market because of its inexpensive nature of products.

3. Pneumatic-Powered Systems has the most lucrative market with a CAGR of 3.8%

4. High-speed power tools will procure the highest CAGR in the market to become the second most lucrative product by 2026-end.

5. Orthopedic clinics are projected to be the fastest expanding end-users in orthopedic power tools market at a CAGR of 4.4%.

6. Revenues from ambulatory surgical centres will increase at a CAGR lower than those from orthopedic clinics i.e. 1.3% and higher than those from hospitals through 2026.

7. Europe accounts for the second largest market share of the global orthopedic power tools market at 32.8% due to huge approval of fund through European Union.

8. Recently, governments and private organisation are expanding their promotion of regulations concerning operating room supply standardization. This is also a crucial driving factor for the power tools market.

9. The growing competition and austerity measures are expected to create pressure on healthcare providers to reduce the device cost, which can act as a barrier to the market growth.

To Buy This Report, Click Here @ https://www.reportsanddata.com/checkout-form/1417

Key selling points of this research study

1. The study gives an in-depth evaluation of the evolving competitive scenario that gives the reader/client a competitive edge.

2. It offers a holistic view of all critical aspects boosting or limiting the growth of the sector

3. The market intelligence report derives an eight-year forecast, including historical, contemporary, and potential market prospects, projecting the estimated progress of the market.

4. It aids informed decision-making by offering an exhaustive database of the pivotal market segments and sub-segments.

Contact Us:

John Watson
Head of Business Development
Reports and Data
40 Wall St. 28th floor New York City, NY 10005 United States
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com

About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

This release was published on openPR.