Press release
Surgical Power Tools Market to Hit $2.97 Billion Revenue by 2029 - Arizton
To Know More, Click: [https://www.arizton.com/market-reports/surgical-power-tools-market]
Report Summary
Market Size (2029): USD 2.97 Billion
Market Size (2023): USD 2.19 Billion
CAGR (2023-2029): 5.20%
Historic Year: 2020-2022
Base Year: 2023
Forecast Year: 2024-2029
Market Segmentation: Features, Product Type, Applications, End-users, and Geography
Stay ahead of the curve with Arizton's exclusive subscription plan, offering in-depth analysis, market sizing, and growth forecasts for less than $900 per month-a significant value compared to individual report purchases. Click here: [https://www.arizton.com/subscription]
Surgical power tools are the latest and new equipment in surgical care that has the potential to revolutionize the surgical care sector. Their high efficiency and effectiveness in surgical procedures attract more customers worldwide. Vendors understand customer requirements and develop the most advanced surgical power tools that are expected to drive significant market growth in the future. Surgical power tools are becoming more popular across minimally invasive and robot-assisted surgery systems. Several trending factors are creating opportunities for the surgical power tools market, such as continued development and technological advances, which are leading factors in delivering revenue growth opportunities in the market. Furthermore, preference for less painful surgeries and rapid surgical recovery are trending factors associated with surgical power tools.
In 2023, multi-specialty hospitals held a 60.60% share of the global surgical power tools market. These hospitals offer a range of surgical specialties and advanced equipment, attracting a significant patient base due to their comprehensive care and convenience. They reduce travel and associated costs, minimize the risk of infections, and provide a comfortable care environment. Multi-specialty hospitals are key players in surgical volume, performing over 60% of global surgical procedures, particularly in orthopedics, ENT, and neurosurgery. Their extensive services, combined with favorable reimbursement policies and accessible health coverage, contribute to their dominance in the surgical sector.
APAC Witnessing the Fastest Growth Rate in the Surgical Power Tools Market
In the global surgical power tools market, APAC is a rapidly growing region experiencing significant development and growth of the market backed by several key elements such as the development in health infrastructure for surgical procedures, continued development in the healthcare field, increasing healthcare expenditure, and rising access for advanced surgical procedures.
In 2023, the APAC region has seen notable advancements in surgical care, driven by strategic planning to enhance access to essential and emergency surgeries. Many countries in APAC are developing national surgical, obstetrics, and anesthesia plans, incorporating next-generation and digital technologies, including robotic solutions. The demand for advanced surgical equipment, such as robotic platforms and power tools, is growing, mainly due to high volumes of knee and hip replacements.
The region is also seeing significant progress in robotic surgeries, with Japan and Singapore leading trials in robotic tele-surgeries to evaluate their effectiveness. Orthopedic care is expanding rapidly in APAC, fueled by an aging population and increasing prevalence of osteoarthritis. Major surgical power tools companies, including Zimmer Biomet, Stryker, DePuy Synthes, and Medtronic, are prominent in the region. Countries like China, India, Japan, Thailand, Indonesia, and Australia are experiencing a rise in orthopedic surgeries, particularly hip and knee replacements, due to their aging demographics and higher incidence of osteoarthritis.
Competitive Overview
Leading market players dominate the global surgical power tools market due to their extensive global reach, diverse product portfolios, and strong relationships with healthcare settings and surgeons. Continuous technological advancements, high-quality materials, and innovative product offerings reinforce their market leadership. Competition in the industry is driven by factors such as technological innovation, product quality, customer service, reputation, and pricing.
For example, Stryker faces competition in various product categories: in instruments, it competes with Zimmer Biomet Holdings, Medtronic, Johnson & Johnson, and ConMed Linvatec; and in neurotechnology, its competitors include Medtronic and Johnson & Johnson. On the other hand, Zimmer Biomet primarily competes with DePuy Synthes, Stryker, and Smith & Nephew in the orthopedic and musculoskeletal surgical power tools segment.
Buy this Research @ [https://www.arizton.com/market-reports/surgical-power-tools-market]
Key Company Profiles
* B. Braun Medical Ltd (B. Braun)
* CONMED Corporation
* Johnson & Johnson
* Medtronic
* Stryker
* Zimmer Biomet
* adeor medical AG
* Allotech Co., Ltd (Korea SMEs & Startups Agency)
* Arthrex
* Arbutus Medical
* Brutsch Elektronik AG
* Bell Surgical
* Changzhou Huida Medical Instrument Co., Ltd.
* De Soutter Medical
* DynaMedic Co., Ltd.
* GPC Medical Ltd
* Karl Storz
* KLS Martin Group
* MicroAire
* medical bees GmbH
* MatOrtho Limited
* Nouvag
* NEO Drill
* ORTHROPROMED
* VOSTRA GmbH
* Wuhu Ruijin Medical Instrument & Device
* YIN TECHNOLOGIES INDIA PRIVATE LIMITED
Market Segmentation
Features
* Drilling
* Sawing
* Reaming
Product Type
* Electric
* Pneumatic
Applications
* Orthopedic Surgeries
* ENT Surgeries
* Neurosurgery
* Other Applications
End-users
* Multi-specialty Hospitals
* Specialty Clinics & Outpatient Centers
Geography
* North America
* The U.S.
* Canada
* Europe
* Germany
* France
* The U.K.
* Italy
* Spain
* Russia
* Poland
* APAC
* China
* Japan
* India
* South Korea
* Australia
* Indonesia
* Latin America
* Brazil
* Mexico
* Argentina
* Middle East & Africa
* Turkey
* Saudi Arabia
* South Africa
* The UAE
Key Questions Answered in the Report:
How big is the surgical power tools market?
What is the growth rate of the global surgical power tools market?
Who are the key players in the global surgical power tools market?
Which region dominates the global surgical power tools market share?
What are the significant trends in the surgical power tools market?
Check Out Some of the Top Selling Reports of Your Interest:
Blood Culture Tests Market - Global Outlook & Forecast 2024-2029
https://www.arizton.com/market-reports/blood-culture-tests-market
In Vitro Diagnostics Market - Global Outlook & Forecast 2023-2028
https://www.arizton.com/market-reports/in-vitro-diagnostics-market
Why Arizton?
100%Customer Satisfaction
24x7availability - we are always there when you need us
200+Fortune 500 Companies trust Arizton's report
80%of our reports are exclusive and first in the industry
100%more data and analysis
1500+reports published till date
Post-Purchase Benefit
1hr of free analyst discussion
10% off on customization
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=surgical-power-tools-market-to-hit-297-billion-revenue-by-2029-arizton]
Phone: +1-312-235-2040/+1 302 469 0707
Country: United States
Website: https://www.arizton.com/market-reports/surgical-power-tools-market
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Surgical Power Tools Market to Hit $2.97 Billion Revenue by 2029 - Arizton here
News-ID: 3589133 • Views: …
More Releases from ABNewswire
Rhino Rescue's Quality Pledge: Unveiling the Extreme Resilience of Core Componen …
Discover Rhino Rescue's quality pledge through our extreme component testing. See why our tactical gear is built to perform.
Our Commitment and Responsibility
In the life and death arena of emergency response, where seconds matter, the dependability of your equipment is absolute. It is a fact that has been guiding our mission since our parent company, Nanchi Medical, was established in 2010. Having a 14-year history in the first aid industry and…
Tampa SEO Launches Cutting-Edge Local Search Optimization Services to Help Tampa …
Tampa SEO, a full-service digital marketing agency based in Tampa Bay, today announced the official launch of its enhanced SEO and digital marketing services at http://tampa-seo.net. The company specializes in helping local businesses increase their online visibility, generate qualified leads, and outperform competitors through data-driven, ethical search engine optimization strategies.
Helping Local Businesses Thrive in the Digital Age
With nearly 97% of consumers searching online for local services before making a purchase,…
Fibromyalgia Market Expected to Gain Momentum Through 2034, According to DelveIn …
The Key Fibromyalgia Companies in the market include - Tonix Pharmaceutical, UCB Biopharma SRL, GlaxoSmithKline, UCB Pharma, Pierre Fabre Medicament, UCB Pharma, Eli Lilly and Company, Merck, Aptinyx, Astellas Pharma, AstraZeneca, RiboCor, Inc., Bial - Portela C S.A, and others.
DelveInsight's "Fibromyalgia Market Insights, Epidemiology, and Market Forecast-2034 report offers an in-depth understanding of the Fibromyalgia, historical and forecasted epidemiology as well as the Fibromyalgia market trends in the United States,…
DMB Plumbing & Heating Urges Homeowners to Schedule Pre-Winter Heating Inspectio …
DMB Plumbing & Heating Inc. of Bridgewater, led by Dean Blanchard, is urging homeowners to schedule pre-winter heating inspections.
As temperatures in Massachusetts begin to dip and residents prepare their homes for another New England winter, DMB Plumbing & Heating Inc., a locally owned and operated company based in Bridgewater, is reminding homeowners of the importance of pre-winter heating inspections.
Founded and operated by Dean Blanchard, DMB Plumbing & Heating has long…
More Releases for Arizton
Arizton Forecasts $595.27 Billion Revenue by 2029 for Corporate Events Market, L …
According to Arizton's latest research report, the global corporate event market [https://www.arizton.com/market-reports/corporate-event-market-research-report] is growing at a CAGR of 10.61% during 2020-2029.
Looking for More Information? Click: [https://www.arizton.com/market-reports/corporate-event-market-research-report]
Report Scope:
Market Size (2029): $595.27 Billion
Market Size (2023): $325 Billion
CAGR (2020-2029):10.61%
Historic Year: 2020-2022
Base Year: 2023
Forecast Year: 2024-2029
Market Segmentation: Event Type, Event Size, Platform, Industry, and Geography
Geographical Analysis: North America, Europe, APAC, Latin America, and Middle East & Africa
Key Drivers of Demand in the Corporate Event…
Arizton Unveils Comprehensive Existing & Upcoming Data Center Portfolios in APAC …
Arizton is excited to launch its latest data center portfolio report [https://www.arizton.com/market-reports/category/datacenter-database?search=&country=®ion=&page=1&sortBy=All%20Reports&type=]s, providing an extensive analysis of data centers & colocation service providers nationwide. This comprehensive report delivers a detailed overview of the sector's infrastructure and capabilities. It meticulously maps out each facility's exact location and its initial operational year, offering valuable insights into the evolution and growth of the data center landscape over time.
These reports cover the total white…
Arizton Advisory & Intelligence Releases Comprehensive Power Tools Market Analys …
The power tools market [https://www.arizton.com/market-reports/category/industrial-machinery?search=&country=®ion=&page=1&sortBy=All%20Reports&type=] is evolving with significant advancements in technology and shifting consumer demands. Cordless tools are gaining popularity due to improvements in battery technology, offering enhanced mobility and performance. Smart tools with IoT integration are also on the rise, allowing for data-driven maintenance and efficiency. Additionally, there's a growing focus on ergonomics and user-friendly designs, catering to both professionals and DIY enthusiasts. Environmental concerns are driving the…
Garden Hand Tools Market to Reach $23.68 Billion by 2029 - Exclusive Research Re …
According to Arizton's latest research report, the global garden hand tools market is growing at a CAGR of 4.06% during 2022-2029.
To Know More, Click: https://www.arizton.com/market-reports/garden-hand-tools-market
The global hand tools market is expected to grow considerably during the forecast period 2023. Rapid industrialization and increased construction activities, such as developing commercial spaces and building eco-friendly cities, promote sustainable lifestyles, attract tourists with green scenery, and promote therapeutic benefits for gardeners worldwide.…
According to Arizton, Biosimilar Contract Manufacturing Market to Worth $5.5 Bil …
The research study on the "Biosimilar Contract Manufacturing Market - Global Outlook & Forecast 2022-2027", recently published by Arizton Advisory & Intelligence, states that the biosimilar contract manufacturing market will grow at a CAGR of 16.19% during 2021-2027.
To Know More, Download the Free Sample Report: https://www.arizton.com/request-sample/3614
Market Overview
With the increasing demand for biosimilars, rise in approved biosimilars, and robust pipeline, the demand for outsourcing biosimilars manufacturing is also equally increasing.…
Waterproofing: A Water-Resistant Solution! – Arizton
In 2019, the global waterproofing market was growing exponentially due to the rising number of construction activities across the globe. Waterproofing material manufacturers were predominately supplying to the residential construction sector globally. The waterproofing market will witness high growth in North America and APAC during the forecast period. The construction work carried out in China and India accounted for a share of 7% of the construction industry in the APAC…
