Orthopedic Power Tools Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	150 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185509

Best Price Guarantee
Price	from $4,850
Length	150 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185509

Orthopedic Power Tools Market

Growth Factors of Orthopedic Power Tools Market

The orthopedic power tools market size was valued at USD 1.66 billion in 2023, and the market is now projected to grow from USD 1.73 billion in 2024 to USD 2.44 billion by 2032, exhibiting a CAGR of 4.4% during the forecast period of 2023-2030.

Due to supply chain disturbance and the lockdown actions has lessened demand for the tools. The restraint on traveling and the social distancing restrict patients to visit the hospital. The decrease in elective surgical procedures has hampered the market expansion. Thus, the COVID-19 pandemic has slowed down the orthopedic power tools market growth.

The amplified rate of incidents such as road accidents and other dangerous conditions are escalating demand for the product. These factors are presenting a large patient pool that needs treatment and undergo surgeries. Hence, the orthopedic power tools market share globally has been improved because of the increasing incidence of various orthopedic diseases.

A notable trend of increasing demand for a disposable device is stimulating market growth. The changing preference from reusable to disposable devices is being observed amongst surgeons in developed and emerging countries. Reusable devices habitually require relatively higher costs of maintenance of the devices. This maintenance is such as routine inspections and sterilization. However, the increased demand from the customers is propelling the market growth.

Comprehensive Analysis of Orthopedic Power Tools Market

The orthopedic power tools market and healthcare industry is rising at an exponential rate owing to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the medical device industry. These segmentations are methodically segregated by product type, technology, usage, and end-user. The product type is such as instruments (surgical drills, saws, and others) and accessories. The technology segment contains electric powered device, pneumatic powered device, and battery powered device. Similarly, the usage category is reusable and disposable. However, the end-user includes hospitals & ASCs and specialty clinics.

The North American region is conducive to the global orthopedic power tools market, leading to a recall of USD 0.84 billion because of the increasing number of surgeries performed in the U.S. and Canada is influencing the higher demand for equipment among surgeons.

The top players in the market play a crucial role in the medical device industry assuring industrial prospectus growth and setting market standards. These players are Stryker (Kalamazoo, U.S.), Conmed Corporation (Largo, U.S.), Zimmer Biomet (Warsaw, U.S.), Johnson & Johnson Services, Inc. (New Brunswick, U.S.), B. Braun Melsungen AG (Melsungen, Germany), De Soutter Medical (Buckinghamshire, U.K.), AlloTech Co. LTD (Namyangju-si, South Korea), Kaiser Medical Technology (Chippenham, England), Medtronic (Dublin, Ireland), and NSK/NAKANISHI (Kanuma, Japan) these market players provide a level-playing competitive landscape.

In January 2024, Paragon 28, Inc. launched FJ2000 Power Console and Burr System. This system is created for a range of minimally invasive and open procedures for foot and ankle surgery.

Segmentation Table

Global Orthopedic Power Tools Market Scope

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 4.4% over 2024-2032

Unit Value (USD billion)

Segmentation By Product Type

- Instruments

- Surgical Drills

- Saws

- Others

Accessories

By Technology

- Electric Powered Device

- Pneumatic Powered Device

- Battery Powered Device

By Usage

- Reusable

- Disposable

By End-user

- Hospitals & ASCs

- Specialty Clinics

By Geography

- North America (By Product Type, By Technology, By Usage, By End-user, and By Country)

U.S. (By Technology)
Canada (By Technology)

- Europe (By Product Type, By Technology, By Usage, By End-user, and By Country/Sub-Region)

U.K. (By Technology)
Germany (By Technology)
France (By Technology)
Italy (By Technology)
Spain (By Technology)
Scandinavia (By Technology)
Rest of Europe (By Technology)

- Asia Pacific (By Product Type, By Technology, By Usage, By End-user, and By Country/Sub-Region)

Japan (By Technology)
China (By Technology)
India (By Technology)
Australia (By Technology)
Southeast Asia (By Technology)
Rest of Asia- Pacific (By Technology)

- Latin America (By Product Type, By Technology, By Usage, By End-user, and By Country/Sub-Region)

Brazil (By Technology)
Mexico (By Technology)
Rest of Latin America (By Technology)

- Middle East & Africa (By Product Type, By Technology, By Usage, By End-user, and By Country/Sub-Region)

South Africa (By Technology)
GCC (By Technology)

- Rest of Middle East & Africa (By Technology)

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1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities; 3.4. Market Trends
4. Key Insights: 4.1. Number of Key Orthopedic Surgeries, By Region/Country, 2023; 4.2. New Product Launches, By Key Players; 4.3. Recent Key Developments, Mergers, and Acquisitions, Key Players; 4.4. Impact of COVID-19 on the Market
5. Global Orthopedic Power Tools Market Analysis, Insights and Forecast, 2019-2032: 5.1. Market Analysis, Insights and Forecast – By Product Type; 5.1.1. Instruments; 5.1.1.1. Surgical Drills; 5.1.1.2. Saws; 5.1.1.3. Others; 5.1.2. Accessories; 5.2. Market Analysis, Insights and Forecast – By Technology; 5.2.1. Electric Powered Device; 5.2.2. Pneumatic Powered Device; 5.2.3. Battery Powered Device; 5.3. Market Analysis, Insights and Forecast – By Usage; 5.3.1. Reusable; 5.3.2. Disposable; 5.4. Market Analysis, Insights and Forecast – By End-user; 5.4.1. Hospitals & ASCs; 5.4.2. Specialty Clinics; 5.5. Market Analysis, Insights and Forecast – By Region; 5.5.1. North America; 5.5.2. Europe; 5.5.3. Asia Pacific; 5.5.4. Latin America; 5.5.5. Middle East & Africa
6. North America Orthopedic Power Tools Market Analysis, Insights and Forecast, 2019-2032: 6.1. Market Analysis, Insights and Forecast – By Product Type; 6.1.1. Instruments; 6.1.1.1. Surgical Drills; 6.1.1.2. Saws; 6.1.1.3. Others; 6.1.2. Accessories; 6.2. Market Analysis, Insights and Forecast – By Technology; 6.2.1. Electric Powered Device; 6.2.2. Pneumatic Powered Device; 6.2.3. Battery Powered Device; 6.3. Market Analysis, Insights and Forecast – By Usage; 6.3.1. Reusable; 6.3.2. Disposable; 6.4. Market Analysis, Insights and Forecast – By End-user; 6.4.1. Hospitals & ASCs; 6.4.2. Specialty Clinics; 6.5. Market Analysis, Insights and Forecast – By Country; 6.5.1. U.S.; 6.5.1.1. By Technology; 6.5.2. Canada; 6.5.2.1. By Technology
7. Europe Orthopedic Power Tools Market Analysis, Insights and Forecast, 2019-2032: 7.1. Market Analysis, Insights and Forecast – By Product Type; 7.1.1. Instruments; 7.1.1.1. Surgical Drills; 7.1.1.2. Saws; 7.1.1.3. Others; 7.1.2. Accessories; 7.2. Market Analysis, Insights and Forecast – By Technology; 7.2.1. Electric Powered Device; 7.2.2. Pneumatic Powered Device; 7.2.3. Battery Powered Device; 7.3. Market Analysis, Insights and Forecast – By Usage; 7.3.1. Reusable; 7.3.2. Disposable; 7.4. Market Analysis, Insights and Forecast – By End-user; 7.4.1. Hospitals & ASCs; 7.4.2. Specialty Clinics; 7.5. Market Analysis, Insights and Forecast – By Country/ Sub-Region; 7.5.1. U.K; 7.5.1.1. By Technology; 7.5.2. Germany; 7.5.2.1. By Technology; 7.5.3. France; 7.5.3.1. By Technology; 7.5.4. Spain; 7.5.4.1. By Technology; 7.5.5. Italy; 7.5.5.1. By Technology; 7.5.6. Scandinavia; 7.5.6.1. By Technology; 7.5.7. Rest of Europe; 7.5.7.1. By Technology
8. Asia Pacific Orthopedic Power Tools Market Analysis, Insights and Forecast, 2019-2032: 8.1. Market Analysis, Insights and Forecast – By Product Type; 8.1.1. Instruments; 8.1.1.1. Surgical Drills; 8.1.1.2. Saws; 8.1.1.3. Others; 8.1.2. Accessories; 8.2. Market Analysis, Insights and Forecast – By Technology; 8.2.1. Electric Powered Device; 8.2.2. Pneumatic Powered Device; 8.2.3. Battery Powered Device; 8.3. Market Analysis, Insights and Forecast – By Usage; 8.3.1. Reusable; 8.3.2. Disposable; 8.4. Market Analysis, Insights and Forecast – By End-user; 8.4.1. Hospitals & ASCs; 8.4.2. Specialty Clinics; 8.5. Market Analysis, Insights and Forecast – By Country/ Sub-Region; 8.5.1. Japan; 8.5.1.1. By Technology; 8.5.2. China; 8.5.2.1. By Technology; 8.5.3. India; 8.5.3.1. By Technology; 8.5.4. Australia; 8.5.4.1. By Technology; 8.5.5. Southeast Asia; 8.5.5.1. By Technology; 8.5.6. Rest of Asia Pacific; 8.5.6.1. By Technology
9. Latin America Orthopedic Power Tools Market Analysis, Insights and Forecast, 2019-2032: 9.1. Market Analysis, Insights and Forecast – By Product Type; 9.1.1. Instruments; 9.1.1.1. Surgical Drills; 9.1.1.2. Saws; 9.1.1.3. Others; 9.1.2. Accessories; 9.2. Market Analysis, Insights and Forecast – By Technology; 9.2.1. Electric Powered Device; 9.2.2. Pneumatic Powered Device; 9.2.3. Battery Powered Device; 9.3. Market Analysis, Insights and Forecast – By Usage; 9.3.1. Reusable; 9.3.2. Disposable; 9.4. Market Analysis, Insights and Forecast – By End-user; 9.4.1. Hospitals & ASCs; 9.4.2. Specialty Clinics; 9.5. Market Analysis, Insights and Forecast – By Country/ Sub-Region; 9.5.1. Brazil; 9.5.1.1. By Technology; 9.5.2. Mexico; 9.5.2.1. By Technology; 9.5.3. Rest of Latin America; 9.5.3.1. By Technology
10. Middle East & Africa Orthopedic Power Tools Market Analysis, Insights and Forecast, 2019-2032: 10.1. Market Analysis, Insights and Forecast – By Product Type; 10.1.1. Instruments; 10.1.1.1. Surgical Drills; 10.1.1.2. Saws; 10.1.1.3. Others; 10.1.2. Accessories; 10.2. Market Analysis, Insights and Forecast – By Technology; 10.2.1. Electric Powered Device; 10.2.2. Pneumatic Powered Device; 10.2.3. Battery Powered Device; 10.3. Market Analysis, Insights and Forecast – By Usage; 10.3.1. Reusable; 10.3.2. Disposable; 10.4. Market Analysis, Insights and Forecast – By End-user; 10.4.1. Hospitals & ASCs; 10.4.2. Specialty Clinics; 10.5. Market Analysis, Insights and Forecast – By Country/ Sub-Region; 10.5.1. GCC; 10.5.1.1. By Technology; 10.5.2. South Africa; 10.5.2.1. By Technology; 10.5.3. Rest of Middle East & Africa; 10.5.3.1. By Technology
11. Competitive Analysis: 11.1. Global Market Share Analysis (2023); 11.2. Company Profiles; 11.2.1. Stryker; 11.2.1.1. Overview; 11.2.1.2. Products & Services; 11.2.1.3. SWOT Analysis; 11.2.1.4. Recent Developments; 11.2.1.5. Strategies; 11.2.1.6. Financials (Based on Availability); 11.2.2. Zimmer Biomet; 11.2.2.1. Overview; 11.2.2.2. Products & Services; 11.2.2.3. SWOT Analysis; 11.2.2.4. Recent Developments; 11.2.2.5. Strategies; 11.2.2.6. Financials (Based on Availability); 11.2.3. Medtronic; 11.2.3.1. Overview; 11.2.3.2. Products & Services; 11.2.3.3. SWOT Analysis; 11.2.3.4. Recent Developments; 11.2.3.5. Strategies; 11.2.3.6. Financials (Based on Availability); 11.2.4. Johnson & Johnson Services Inc.; 11.2.4.1. Overview; 11.2.4.2. Products & Services; 11.2.4.3. SWOT Analysis; 11.2.4.4. Recent Developments; 11.2.4.5. Strategies; 11.2.4.6. Financials (Based on Availability); 11.2.5. CONMED Corporation; 11.2.5.1. Overview; 11.2.5.2. Products & Services; 11.2.5.3. SWOT Analysis; 11.2.5.4. Recent Developments; 11.2.5.5. Strategies; 11.2.5.6. Financials (Based on Availability); 11.2.6. B. Braun Melsungen AG; 11.2.6.1. Overview; 11.2.6.2. Products & Services; 11.2.6.3. SWOT Analysis; 11.2.6.4. Recent Developments; 11.2.6.5. Strategies; 11.2.6.6. Financials (Based on Availability); 11.2.7. De Soutter Medical; 11.2.7.1. Overview; 11.2.7.2. Products & Services; 11.2.7.3. SWOT Analysis; 11.2.7.4. Recent Developments; 11.2.7.5. Strategies; 11.2.7.6. Financials (Based on Availability); 11.2.8. AlloTech Co. LTD; 11.2.8.1. Overview; 11.2.8.2. Products & Services; 11.2.8.3. SWOT Analysis; 11.2.8.4. Recent Developments; 11.2.8.5. Strategies; 11.2.8.6. Financials (Based on Availability); 11.2.9. Kaiser Medical Technology; 11.2.9.1. Overview; 11.2.9.2. Products & Services; 11.2.9.3. SWOT Analysis; 11.2.9.4. Recent Developments; 11.2.9.5. Strategies; 11.2.9.6. Financials (Based on Availability)