Top Factor Driving Surgical Power Tools Market Growth in 2025: Rise In Number Of Knee Replacement And Hip Replacement Surgeries

Which drivers are expected to have the greatest impact on the over the surgical power tools market's growth?
The surgical power tools market is seeing substantial growth due to the increasing frequency of knee and hip replacement surgeries. These surgeries entail replacing unhealthy or disease-ridden joint parts with man-made prosthetic implants. Surgical power tools tremendously aid in these operations as they facilitate the process of drilling, sawing, reaming, inserting screws, and shaping bones. For instance, as per the American Association of Hip and Knee Surgeons, a respected association in the US, hip replacement operations saw a 3.8% rise in 2022, bringing the total to roughly 766,000, while knee replacements increased by 5.1%, adding up to about 1.3 million. More knee revision surgeries are performed as compared to hip revisions, and both contribute to about 10% of the annual main surgeries. Consequently, the escalating numbers of knee and hip replacement surgeries are expected to fuel the expansion of the surgical power tools market. Surgical Power Tools Market Driver: The anticipated growth of the Surgical Power Tools Market as a result of increased aging population

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What is the future CAGR of the surgical power tools market, and how will it impact industry expansion?
In the recent past, the surgical power tools market has seen a robust growth. The market value will progress from $2.34 billion in 2024 to approximately $2.49 billion in 2025, at a compound annual growth rate (CAGR) of 6.4%. Factors contributing to this growth during the historic period include early training programs for surgeons, regional adaptation trends, and basic regulatory norms.

The market size for surgical power tools is anticipated to experience significant growth in the coming years, expected to reach $3.12 billion by 2029, with a compound annual growth rate (CAGR) of 5.8%. This growth during the forecasted period can be linked to the incorporation of digital and robotic capabilities, market penetration tactics, improved surgical training, and expansion of healthcare facilities. Major trends influencing this period include an emphasis on safety and precision, a surge in demand for specialized surgical procedures, and rising adoption of robotics.

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What are the most significant trends transforming the surgical power tools market today?
Key players in the surgical power tool market are introducing novel products leveraging advanced technologies like the CD NXT power tool systems to offer real-time depth measurement functionality in the market. The CD NXT System, an inventive technology, delivers real-time depth assessment during surgical drilling procedures, facilitating speed, accuracy, and uniformity in digital depth calculation across a plethora of procedures. For example, Stryker Corporation, a multinational medical technology firm based in the US, unveiled the CD NXT System in March 2023. The system boasts unique aspects such as one-step drilling and measurement, auto cortex-to-cortex measurement and digital display, and is compatible with all existing cordless driver attachments. This revolutionary technology allows surgeons to measure depth in real time while drilling, ensuring rapid, precise, and uniform digital depth measurement across a wide range of procedures.

Which key market segments comprise the surgical power tools market and drive its revenue growth?
The surgical power tools market covered in this report is segmented -

1) By Product: Surgical Drills, Electric Pen Drive
2) By Technology: Electric-Operated Power Tools, Battery -Driven Power Tools, Pneumatic Power Tools, Other Technologies
3) By Usage: Reusable Tools, Disposable Tools
4) By Application: Orthopedic Surgery, Neurosurgery, Dental And Craniomaxillofacial Surgery, Ear, Nose And Throat (ENT) Surgery, Cardiothoracic Surgery, Plastic And Reconstructive Surgery
5) By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End-Users

Subsegments:
1) By Surgical Drills: Electric Surgical Drills, Pneumatic Surgical Drills, Battery-Powered Surgical Drills
2) By Electric Pen Drive: Standard Electric Pen Drives, Advanced Electric Pen Drives With Multiple Functions

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North America was the largest region in the surgical power tools market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the surgical power tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the leading players fueling growth in the surgical power tools market?
Major companies operating in the surgical power tools market report are Johnson & Johnson, 3M, Medtronic PLC, Becton Dickinson and Company (BD), Stryker Corporation, Zimmer Biomet Holdings Inc., Olympus Corporation, GPC Medical Ltd., Smith and Nephew PLC, B. Braun Melsungen AG, Arthrex Inc., Altra Industrial Motion Corp., Integra LifeSciences Corporation, Conmed Corporation, Karl Storz GmbH & Co. KG, Exactech Inc., KLS Martin Group, Komet Medical, De Soutter Medical Ltd., MatOrtho Limited, MicroAire Surgical Instruments LLC, Nouvag AG, Shanghai Bojin Medical Instruments Co. Ltd., Imedicom Co. Ltd., Orthopromed Inc., Sharpline Group

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What Is Covered In The Surgical Power Tools Global Market Report?

•Market Size Forecast: Examine the surgical power tools market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the surgical power tools market for a structured understanding.
•Key Players Overview: Analyze major players in the surgical power tools market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the surgical power tools market.
•Segment Contributions: Evaluate how different segments drive overall growth in the surgical power tools market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the surgical power tools market.
•Industry Challenges: Identify potential risks and obstacles affecting the surgical power tools market.
•Competitive Landscape: Review strategic developments in the surgical power tools market, including expansions, agreements, and new product launches.

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