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Impact Of Surgical Procedure Growth On Powered Surgical Handpieces Market: A Key Driver Powering Powered Surgical Handpieces Market Growth In 2025
Powered Surgical Handpieces
What Is the Current Powered Surgical Handpieces Market Size and Its Estimated Growth Rate?
The powered surgical handpieces market has grown steadily in recent years. It will increase from $2.17 billion in 2024 to $2.25 billion in 2025 at a CAGR of 3.9%. This growth is driven by an aging population, the rising incidence of various surgeries, greater adoption of minimally invasive procedures, growing health consciousness, and increased use of smart features in powered surgical devices.
The powered surgical handpieces market is projected to grow steadily, reaching $2.6 billion by 2029 at a CAGR of 3.6%. The growth is driven by an increasing volume of surgeries, higher healthcare spending, a growing geriatric population, and the rising burden of chronic diseases. Trends include technological advancements, increased accessibility to healthcare, and the adoption of minimally invasive techniques.
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How Are Emerging Segments Shaping the Powered Surgical Handpieces Market Landscape?
The powered surgical handpieces market covered in this report is segmented -
1) By Type: Electric-Powered, Battery-Powered, Pneumatic-Powered
2) By Application: Orthopedic, Ear Nose Throat (ENT), Cardiothoracic, Neurology, Other Applications
3) By Distribution Channel: Online, Offline
Subsegments:
1) By Electric-Powered: High-Speed Drills, Surgical Saws, Surgical Drills, Reamers, Electric Staplers
2) By Battery-Powered: Cordless Surgical Drills, Battery-Powered Saws, Arthroscopic Shavers, Battery-Powered Screwdrivers
3) By Pneumatic-Powered: Pneumatic Surgical Drills, Pneumatic Saws, Pneumatic Reamers, Pneumatic Microdebriders
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Which Growth Factors Are Influencing Powered Surgical Handpieces Market Expansion?
The growing volume of surgical procedures is expected to boost the powered surgical handpieces market. Advances in healthcare and robotic surgery have led to more complex procedures with reduced recovery times. Powered surgical handpieces enable surgeons to work more efficiently, improving surgical precision and patient recovery. The Australian Institute of Health and Welfare reported an 18% increase in elective surgery admissions in 2022-23. As a result, the growing number of surgical procedures is propelling the powered surgical handpieces market.
Who Are the Dominant Players Across Different Powered Surgical Handpieces Market Segments?
Major companies operating in the powered surgical handpieces market are Johnson & Johnson Services Inc., 3M Company, Medtronic plc, Stryker Corporation, B. Braun, NSK Ltd, Zimmer Biomet Holdings Inc., Smith & Nephew plc, Arthrex Inc., CONMED Corporation, KLS Martin Group, Exactech Inc., Brasseler GmbH & Co., Panther Healthcare Pvr Ltd., Maxon Corporation Inc, MicroAire Surgical Instruments LLC, Desoutter Medical Ltd, MatOrtho Limited, Wuhu Ruijin Medical Instrument & Device Co. ltd., Aygun Surgical Instruments, AlloTech Inc., Adeor Medical AG, Orthopromed Inc., iMedicom Co. Ltd., PUSM Medical Device Co. Ltd
What Are the Major Trends Shaping the Powered Surgical Handpieces Market?
Companies in the powered surgical handpieces market are developing advanced surgical stapling devices to enhance efficiency and patient outcomes. For example, in June 2022, Ethicon, a Johnson & Johnson company, launched the ECHELON 3000 Stapler in the U.S., offering powered articulation and software that provides real-time feedback, improving access and control during surgeries.
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Which Geographic Regions Are Expected to Dominate the Powered Surgical Handpieces Market in the Coming Years?
North America was the largest region in the powered surgical handpiece market in 2023. The regions covered in the powered surgical handpieces market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Powered Surgical Handpieces Market?
2. What is the CAGR expected in the Powered Surgical Handpieces Market?
3. What Are the Key Innovations Transforming the Powered Surgical Handpieces Industry?
4. Which Region Is Leading the Powered Surgical Handpieces Market?
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