Global Orthopedic Power Equipment Market Growth 2023-2029
Orthopedic power tools are used in the treatment and prevention of impairments caused by physical injuries, or birth-related disorders regarding musculoskeletal systems. Orthopedic power tools are devices manufactured for carrying out specific actions such as fixing implants, and drilling in surgical procedures. These are electrically operated devices that facilitate surgeons in performing surgeries with high precision and in lesser time.
LPI (LP Information)' newest research report, the “Orthopedic Power Equipment Industry Forecast” looks at past sales and reviews total world Orthopedic Power Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Orthopedic Power Equipment sales for 2023 through 2029. With Orthopedic Power Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Orthopedic Power Equipment industry.
This Insight Report provides a comprehensive analysis of the global Orthopedic Power Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Orthopedic Power Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Orthopedic Power Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Orthopedic Power Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Orthopedic Power Equipment.
The global Orthopedic Power Equipment market size is projected to grow from US$ 1395 million in 2022 to US$ 2029 million in 2029; it is expected to grow at a CAGR of 2029 from 2023 to 2029.
Global Orthopedic Power Tools key players include Stryker, DePuy Synthes, Medtronic, etc. Global top 3 manufacturers hold a share over 50%.
North America is the largest market, with a share about 44%, followed by Asia-Pacifc, and Europe, both have a share about 42 percent.
In terms of product, Electric Powered is the largest segment, with a share over 61%. And in terms of application, the largest application is Hospital, followed by Clinics, Ambulatory Surgery Centers (ASC).
This report presents a comprehensive overview, market shares, and growth opportunities of Orthopedic Power Equipment market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Oscillating Saw
Sagittal Saw
Segmentation by application
Hospital
Clinic
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Covidien plc
Stryker Corporation
B. Braun Melsungen AG
ERBE Elektromedizin GmbH
Aspen Surgical Products Inc
Medicon eG
Ethicon Inc
KLS Martin LP
CONMED Corporation
Integra LifeSciences Holdings Corporation
CareFusion Corporation
Aipai (Guangzhou) Medical Device Co., Ltd
Shujie Medical Technology (Suzhou) Co., Ltd
Wuhu Ruijin Medical Equipment Co., Ltd
Changzhou Huida Medical Device Co., Ltd
Shanghai Bojin Medical Device Co., Ltd
Hangzhou Chia Tai Medical Device Co., Ltd
Tianjin Jindong Xiyi Medical Device Company
Nanchang Tianao Medical Device Co., Ltd
Key Questions Addressed in this Report
What is the 10-year outlook for the global Orthopedic Power Equipment market?
What factors are driving Orthopedic Power Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Orthopedic Power Equipment market opportunities vary by end market size?
How does Orthopedic Power Equipment break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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