The surgical power tools industry is expected to register a CAGR of 5.7% from 2023 to 2032 due to increasing cases of neuropathy.
Selbyville, Delaware, January 31, 2023 (GLOBE NEWSWIRE) —
surgical power tool market price According to a new research report from Global Market Insights Inc., it will exceed US$3.5 billion by 2032.
The increasing incidence of neurological disorders will have a significant impact on the outlook for the surgical power tools industry. Over the past decade, neurological diseases have emerged as one of the leading causes of disability and mortality, posing a significant health care burden. A growing elderly population has further increased susceptibility to neurological health conditions. Neurosurgery relies on advanced surgical power tools to address abnormal functioning of nerves, blood vessels, and brain tissue.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/4767
Strong preference for disposable medical devices as it boosts demand for disposable surgical power tools
The market share of disposable surgical power tools is projected to exhibit a CAGR of 6% by 2032. The increasing expansion of disposable surgical power tools can be attributed to continuous innovation and development led by industry players to develop novel and affordable products. Additionally, increasing government support initiatives, rising awareness about infectious diseases, and proper use of disposable surgical instruments drive the growth of the segment.
Browse 260 pages of key industry insights using the report’s 431 market data tables and 16 charts and graphs. Surgical by product (handpieces, disposables {drills/perforators, saws, staplers, reamers, blades, burrs, shavers}, accessories) and technology (electric power tools, battery-powered power tools, pneumatic power tools) Power Tools Market Size (Tools), By Device Type (Large Bone Power Tools, Medium Bone Power Tools, Small Bone Power Tools, High Speed Drilling Systems), By Application (Orthopedics {Spine, Trauma, Joint, Cranial Jaw) Facial, Dental Surgery, ENT Surgery, Neurological Surgery, Cardiothoracic Surgery), Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share and Forecast, 2023 – 2032” I will explain in detail along with the table of contents.
https://www.gminsights.com/industry-analysis/surgical-power-tools-market
Significant Investment in Trauma Care Hub Drives Adoption of Large Bone Power Tools
Surgical power tool market revenue from large bone power tools is estimated to exceed USD 1 billion by 2032. The rapid adoption of these types of power tools can be attributed to the increasing number of large bone surgeries performed, including hip replacements, trephine and knee replacements. Reaming, screw driving, intramedullary nailing. Additionally, healthcare professionals are increasingly using large bone power tools to perform trauma surgery. The adoption of large bone power tools is expected to escalate due to growing interest in reducing traffic accident-related mortality and increased investment in trauma care hubs around the world.
Advances in Endodontics Favoring Dental Applications of Surgical Power Tools
The dental surgery application segment of the surgical power tools market to grow at a CAGR of 6.2% from 2023 to 2032. Rising prevalence of dental diseases and rapid influx of investment in 3D printing technology for manufacturing dental surgical instruments complement the industry outlook. Additionally, recent breakthroughs in instruments, rotational endodontics, occlusions, and surgical techniques are advancing endodontics to improve the patient experience.
Rising Prevalence of Orthopedic Disorders Boosts North American Surgical Power Tool Industry
The North American region has a huge footprint of major manufacturers with a growing need for surgical procedures. In recent years, countries such as the United States and Canada have reported a dramatic rise in the prevalence of orthopedic diseases, accelerating the demand for advanced surgical instruments among surgeons. Additionally, the rapid adoption of minimally invasive surgery necessitates the launch of new products as patient preference for non-invasive procedures increases.
Secure a copy of the premium research report @ https://www.gminsights.com/securecheckout/paymenta/4767?gmpaycod=sugmp
Mergers and Acquisitions to Boost Surgical Power Tool Industry Development
Stryker Corporation, Orthopromed, iMEDICOM, Nouvag AG, MatOrtho, Exactech, Medtronic, B. DeSoutter Medical, Adeor Medical AG, AlloTech Co. LTD, Smith and Nephew PLC are major players in the global surgical power tool industry. These participants have forayed into strategic deals, including mergers and acquisitions.
Browse the Report Store – GMIPulse @ https://www.gminsights.com/gmipulse
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, USA, is a global market research and consulting services provider of syndicated custom research reports and growth consulting services. Our business intelligence and industry research reports provide clients with insightful insights and actionable market data specifically designed and presented to aid strategic decision-making. These exhaustive reports are designed with unique research methodologies and are available across key industries including chemical, advanced materials, technology, renewable energy and biotechnology.
CONTACT: Contact Us: Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: +1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email: sales@gminsights.com Read More News @ https://ibmag.com/
