2025 Surgical Power Tools Industry Trends Report: Long-Term Outlook Through 2034

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How Large Will the Surgical Power Tools Market Size By 2025?
The market size of surgical power tools has seen considerable growth in the past few years. It's projected to expand from $2.34 billion in 2024 to $2.49 billion in 2025, recording a compound annual growth rate (CAGR) of 6.4%. The growth experienced in the past can be linked to the introduction of early surgical training programs, local adoption trends, and basic regulatory norms.

How Big Is the Surgical Power Tools Market Size Expected to Grow by 2029?
Over the coming years, it is predicted that the surgical power tools market will experience substantial growth. It is estimated to reach $3.12 billion by 2029, exhibiting a compound annual growth rate (CAGR) of 5.8%. The growth projected during the forecast period could be the result of measures such as the inclusion of digital and robotic features, market penetration plans, improved surgeon training programs, and the expansion of healthcare infrastructure. Key trends for this period encompass an emphasis on safety and precision, a rising demand for specialized surgical procedures, and a surge in the adoption of robotics.

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Which Key Market Drivers Powering Surgical Power Tools Market Expansion and Growth?
Rising incidences of knee and hip replacement surgeries are enhancing the growth of the surgical power tools market. Knee and hip replacements are operations which involve the removal of affected or diseased joint parts and their replacement with artificial prosthetic implants. In performing knee and hip replacement surgeries, surgical power tools come into play as they assist in tasks like drilling, sawing, reaming, inserting screws, and bone shaping. For instance, the American Association of Hip and Knee Surgeons reported in September 2023 that hip replacement operations in the US saw an increase of 3.8% in 2022, hitting approximately 766,000 cases, whereas knee replacements saw an increase of 5.1%, with about 1.3 million cases. Revision knee operations tend to outnumber revision hip operations, yet both account for approximately 10% of the total annual primary surgeries. Therefore, the surge in the frequency of knee replacement and hip replacement surgeries is predicted to boost the surgical power tools market's growth. Surgical Power Tools Market Driver: Expected Market Growth from Rising Geriatric Population

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Which Fast-Growing Trends Are Poised to Disrupt the Surgical Power Tools Market?
Leading businesses in the surgical power tool market such as Stryker Corporation are introducing new and inventive products that incorporate advanced technologies, for instance, the CD NXT power tool systems. These systems offer cutting-edge, real-time depth measurement while the surgeon is operating. The unique aspect of the CD NXT System, a patented technology, is its capacity to provide instant, accurate, and consistent digital depth measurements for different types of procedures. In March 2023, Stryker Corporation, a transnational medical technology company based in the US, unveiled the CD NXT System. This innovative system comes with special features such as a one-step drilling and measurement operation, an automatic cortex-to-cortex measurement feature with digital readout, and its compatibility with all existing cordless driver attachments. This system gives surgeons the advantage of real-time depth measurement while drilling, ensuring quick, precise and uniform digital depth measurement across various operations.

What Are the Emerging Segments in the Surgical Power Tools Market?
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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Who Are the Global Leaders in the Surgical Power Tools Market?
Major companies operating in the surgical power tools market report are Johnson & Johnson, 3M, Medtronic PLC, Becton dic*kinson 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

Which are the Top Profitable Regional Markets for the Surgical Power Tools Industry?
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

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