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Powered Surgical Instruments Market Size, Industry Scope, & Forecast Analysis By 2029
The Powered surgical instruments market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account USD 1,257.93 million by 2028 growing at a CAGR of 4.15% in the above-mentioned forecast period. Increase in the geriatric population drives the powered surgical instruments market swiftly.Powered Surgical Instruments Market Scope and Market Size
The market for powered surgical instruments is divided into segments based on product, power source, and application. The development of these segments will assist you in analysing the industries' modest growth sectors and will give users useful market overview and industry insights to aid in the selection of key market applications.
• Based on power source, the powered surgical instruments market is segmented into electric instruments, battery-powered instruments and pneumatic instruments.
• Based on product, the powered surgical instruments market is segmented into handpieces, power sources and controls and accessories.
• Powered surgical instruments market is also segmented on the basis of application into orthopedic surgery, oral and maxillofacial surgery, neurosurgery, ENT surgery, cardiothoracic surgery, plastic and reconstructive surgery.
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Market Analysis and Insights - Powered Surgical Instruments Market
Powered surgical instruments market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account USD 1,257.93 million by 2028 growing at a CAGR of 4.15% in the above-mentioned forecast period. Increase in the geriatric population drives the powered surgical instruments market swiftly.
Powered surgical instruments are instruments that are used to assist in numerous kinds of surgeries. Powered surgical instruments are either pneumatic or electrical by a power source. These instruments help in providing greater efficiencies and hence reduce the time required for surgery. Powered surgical instruments can be used to clean, inspect and sterilize at the time of the procedure. The various development and innovations in the fields of neurology, dentistry, cardiology, orthopaedics and otology have increased the demand for the powered surgical instruments.
Increase in the carious innovation in technology are being made like surgical robotics is the vital factor escalating the market growth, also increase in the surgical procedures and rise in the prevalence of lifestyle diseases are the major factors among others driving the powered surgical instruments market. Moreover, increase in the research and development activities in the market and increase in the technological advancements and production techniques in the healthcare sector will further create opportunities for powered surgical instruments market in the forecasted period of 2021-2028.
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