Powered Surgical Instruments Market Size, Share, Analysis Report

Powered Surgical Instruments Market By Power Source Analysis (Pneumatic Equipment, Electric Powered Equipment, Battery Powered Equipment); By Product Analysis (Handpieces, Power Source and Controls, Accessories); By Application Analysis (Oral surgery, Plastic and Reconstructive Surgery, Thoracic surgery, ENT Surgery, Orthopedic Surgery, Ophthalmic surgery, Cardiac surgery, Neurosurgery) and by regional analysis - Global forecast by

The Global Powered Surgical Instruments Market is expected to be around US$ 3 Billion by 2028 at a CAGR of 4% in the given forecast period.

Purchase User License

MARKET SNAPSHOT

Major Players

  • Zimmer Holdings Inc
  • Conmed Corporation
  • Medtronic Inc
  • Alcon Laboratories Inc
  • Stryker Corporation
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    4

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    A powered surgical instrument could be an exactly designed implement used for a specific procedure throughout surgery. Power sources for battery-powered surgical instruments area unit either gas or electrical, the latter of which incorporates batteries and line current. Gas power sources create use of compressed gases like CO2, nitrogen, or compressed gas.

    How Big is The Global Powered Surgical Instruments Market?

    The Global Powered Surgical Instruments Market is expected to be around US$ 3 Billion by 2028 at a CAGR of 4% in the given forecast period.

    The major driving factors of Global Powered Surgical Instruments Market are as follows:

    • Increased healthcare spending
    • Growing prevalence of lifestyle diseases
    • Fast growth in aging population
    • Rising volume of surgical procedures
    • Rising accessibility of healthcare facilities

    The restraining factors of Global Powered Surgical Instruments Market ­are as follows:

    • Lack of adequate sterilization processes
    • Insufficient quality assurance
    • Reducing costs
    • Standard of quality assurance is improper
    • Inadequate reimbursement policies

    The Global Powered Surgical Instruments Market is segmented on the lines of its technology, treatment, application and regional. Based on power source it is segmentation as Pneumatic Equipment and Electric Powered Equipment, Battery Powered Equipment. Based on Application type it covers Oral surgery, Plastic and Reconstructive Surgery, Thoracic surgery, ENT Surgery, Orthopedic Surgery, Ophthalmic surgery, Cardiac surgery and Neurosurgery. Based on product it covers Hand pieces, Power Source and Controls and Accessories. Global Powered Surgical Instruments Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:
    1) An overview of the global market for Powered Surgical Instruments Market and related technologies.
    2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023 and projections of compound annual growth rates (CAGRs) through 2028.
    3) Identifications of new market opportunities and targeted promotional plans for Global Powered Surgical Instruments Market

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    Report scope:

    The scope of the report includes a detailed study of Global Powered Surgical Instruments Market with the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Zimmer Holdings Inc., Conmed Corporation, Medtronic Inc., Alcon Laboratories Inc., Stryker Corporation, MicroAire, KLS martin group, Smith & Nephew PLC, Carefusion Corporation, and Ethicon Inc. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    The Global Powered Surgical Instruments Market has been segmented as below:

    By Power Source Analysis:

    • Pneumatic Equipment
    • Electric Powered Equipment
    • Battery Powered Equipment

    By Product Analysis:

    • Handpieces
      • Drills
      • Saws
      • Reamers
      • Staplers
      • Shavers
      • Wire/Pin Drivers
      • Others
    • Power Source and Controls
      • Batteries
      • Electric Consoles
      • Pneumatic Regulators
    • Accessories
      • Surgical Accessories
      • Electrical Accessories
      • Other Accessories

    By Application Analysis:

    • Oral surgery
    • Plastic and Reconstructive Surgery
    • Thoracic surgery
    • ENT Surgery
    • Orthopedic Surgery
    • Ophthalmic surgery
    • Cardiac surgery
    • Neurosurgery 

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Reasons to Buy this Report:

    1) Obtain the most up to date information available on all Global Powered Surgical Instruments Market.

    2) Identify growth segments and opportunities in the industry.

    3) Facilitate decision making on the basis of strong historic and forecast of Global Powered Surgical Instruments Market.

    4) Assess your competitor’s refining portfolio and its evolution.

    Customization:
    We can offer you custom research reports as per client’s special requirements.

    Below are our new reports:

    Angiography Devices Market

    Hematology Analyzers & Reagents Market

    APAC Absorbable and Non-Absorbable Sutures Market

    Medical Instruments Disinfections Market

    Dental Bone Graft Market

    1 INTRODUCTION    
       1.1    Key Take Aways    
        1.2    Report Description    
        1.3    Markets Covered    
        1.4    Stakeholders    
        1.5    Research Methodology    
            1.5.1    Market Size    
            1.5.2    Market Share    
            1.5.3    Key Data Points From Secondary Sources    
            1.5.4    Key Data Points From Primary Sources

    2 Research Methodology 
        2.1 Research Approach 
               2.1.1 Secondary Data
                        2.1.1.1 Key Data From Secondary Sources
               2.1.2 Primary Data
                        2.1.2.1 Key Data From Primary Sources
                        2.1.2.2 Key Industry Insights
        2.2 Market Size Estimation 
        2.3 Market Breakdown and Data Triangulation 
        2.4 Market Share Estimation 
        2.5 Research Assumptions 
               2.5.1 Assumptions for the Study

    3 Executive Summary 

    4 Premium Insights 
        4.1 Market Overview 
        4.2 Asia-Pacific: Market, By Power Source 
        4.3 Geographic Snapshot of the Market 
        4.4 North America to Dominate the Market During the Forecast Period 
        4.5 Market: Developing vs Developed Countries

    5 Market Overview 
        5.1 Introduction 
        5.2 Market Segmentation 
               5.2.1 Market, By Product
        5.3 Market, By Power Source 
        5.4 Market, By Application 
        5.5 Key Market Dynamics 
               5.5.1 Drivers
                        5.5.1.1 Rapid Growth in Aging Population
                        5.5.1.2 Growing Adoption and Acceptance of Arthroscopy & Minimally Invasive Procedures
                        5.5.1.3 Technological Innovations Such as Surgical Robotics
               5.5.2 Restraints
                        5.5.2.1 Imposition of the Medical Device Excise Tax in the U.S.
                        5.5.2.2 Reimbursement Challenges
               5.5.3 Opportunities
                        5.5.3.1 Medical Tourism Providing Growth Opportunities in Developing Economies
                        5.5.3.2 Expansion and Market Penetration Opportunities in Emerging Economies
               5.5.4 Challenges
                        5.5.4.1 Inadequate Quality Assurance Standards in Developing Economies
                        5.5.4.2 Lack of Trained Professionals

    6 Industry Insights 
        6.1 Introduction 
        6.2 Value Chain Analysis 
        6.3 Industry Trends 
               6.3.1 Increasing Trend Towards Adoption of Battery-Powered Surgical Instruments
               6.3.2 Rising Adoption of Powered Surgical Instruments in Orthopedic and Spine Surgeries
        6.4 Porter’s Five Forces Analysis 
               6.4.1 Threat of New Entrants
               6.4.2 Threat of Substitutes
               6.4.3 Bargaining Power of Suppliers
               6.4.4 Bargaining Power of Buyers
               6.4.5 Intensity of Competitive Rivalry

    7 Global Powered Surgical Instruments Market, By Power Source 
        7.1 Introduction 
        7.2 Electric Instruments 
        7.3 Battery-Powered Instruments 
        7.4 Pneumatic Instruments

    8 Global Powered Surgical Instruments Market, By Product 
        8.1 Introduction 
        8.2 Handpieces 
               8.2.1 Drill Systems
               8.2.2 Saw Systems
               8.2.3 Reamer Systems
               8.2.4 Staplers
               8.2.5 Shavers
               8.2.6 Others
        8.3 Power Sources and Controls 
               8.3.1 Batteries
               8.3.2 Electric Consoles
               8.3.3 Pneumatic Regulators
        8.4 Accessories 
               8.4.1 Surgical Accessories
               8.4.2 Electrical Accessories
               8.4.3 Other Accessories

    9 Powered Surgical Instruments Market, By Application 
        9.1 Introduction 
        9.2 Orthopedic Surgery 
        9.3 Oral and Maxillofacial Surgery 
        9.4 Neurosurgery 
        9.5 Ent Surgery 
        9.6 Cardiothoracic Surgery 
        9.7 Plastic and Reconstructive Surgery

    10 Powered Surgical Instruments Market, By Region 
         10.1 Introduction 
         10.2 North America 
                 10.2.1 U.S.
                 10.2.2 Canada
         10.3 Europe 
                 10.3.1 Germany
                 10.3.2 France
                 10.3.3 U.K.
                 10.3.4 Italy
                 10.3.5 Spain
                 10.3.6 Rest of Europe
         10.4 Asia-Pacific 
                 10.4.1 Japan
                 10.4.2 China
                 10.4.3 India
                 10.4.4 Rest of Asia-Pacific
         10.5 Rest of the World (RoW) 
                 10.5.1 Latin America
                 10.5.2 Middle East and Africa

    11 Competitive Landscape 
         11.1 Overview 
         11.2 Market Share Analysis 
         11.3 Competitive Situation and Trends 
                 11.3.1 New Product Launches
                 11.3.2 Mergers and Acquisitions
                 11.3.3 Expansions
                 11.3.4 Agreements and Collaborations

    12 Company Profiles 
         12.1 Introduction 
                 12.1.1 Geographic Revenue Mix of Top Five Players
         12.2 B. Braun Melsungen Ag 
                 12.2.1 Business Overview
                 12.2.2 Products Offered
                 12.2.3 Recent Developments
         12.3 Medtronic, Inc. 
                 12.3.1 Business Overview
                 12.3.2 Products Offered
                 12.3.3 Recent Developments
         12.4 Johnson and Johnson 
                 12.4.1 Business Overview
                 12.4.2 Products Offered
                 12.4.3 Recent Developments
         12.5 Stryker Corporation 
                 12.5.1 Business Overview
                 12.5.2 Products Offered
                 12.5.3 Recent Developments
         12.6 Conmed Corporation 
                 12.6.1 Business Overview
                 12.6.2 Products Offered
                 12.6.3 Recent Developments
         12.7 Smith and Nephew PLC 
                 12.7.1 Business Overview
                 12.7.2 Products Offered
                 12.7.3 Recent Developments
         12.8 Microaire Surgical Instruments, Inc. 
                 12.8.1 Business Overview
                 12.8.2 Products Offered
                 12.8.3 Recent Developments
         12.9 Peter Brasseler Holdings, LLC. 
                 12.9.1 Business Overview
                 12.9.2 Products Offered
                 12.9.3 Recent Developments
         12.10 Zimmer Holdings 
                 12.10.1 Business Overview
                 12.10.2 Products Offered
                 12.10.3 Recent Developments
         12.11 Desoutter Medical Ltd. 
                 12.11.1 Business Overview
                 12.11.2 Products Offered

    The Global Powered Surgical Instruments Market has been segmented as below:

    By Power Source Analysis:

    • Pneumatic Equipment
    • Electric Powered Equipment
    • Battery Powered Equipment

    By Product Analysis:

    • Handpieces
      • Drills
      • Saws
      • Reamers
      • Staplers
      • Shavers
      • Wire/Pin Drivers
      • Others
    • Power Source and Controls
      • Batteries
      • Electric Consoles
      • Pneumatic Regulators
    • Accessories
      • Surgical Accessories
      • Electrical Accessories
      • Other Accessories

    By Application Analysis:

    • Oral surgery
    • Plastic and Reconstructive Surgery
    • Thoracic surgery
    • ENT Surgery
    • Orthopedic Surgery
    • Ophthalmic surgery
    • Cardiac surgery
    • Neurosurgery 

    By Regional Analysis:

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 4% during the study period (2023-2028)
    The Global Powered Surgical Instruments Market is expected to be around US$ 3 Billion by 2028.
    The segment included in Powered Surgical Instruments Market is Power Source, Product, Application and region.
    Some key players operating in the Powered Surgical Instruments Market include Zimmer Holdings Inc., Conmed Corporation, Medtronic Inc., Alcon Laboratories Inc., Stryker Corporation, MicroAire, KLS martin group, Smith & Nephew PLC
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

    Related Reports