Global Powered Surgical Instruments Market Growth 2023-2029
Powered Surgical Instruments is a market of technological devices used to assist in the performance of orthopaedic and neurological surgeries. Product categories of powered surgical instruments include pneumatic large bone equipment, battery/electric large bone equipment, pneumatic small bone equipment, electric small bone equipment and high speed equipment. Surgeons often employ surgical drills, saws, clip appliers and surgical staplers in surgery and RF electrosurgery systems are routinely used to cut and cauterize tissue in nearly all types of surgical procedures.
LPI (LP Information)' newest research report, the “Powered Surgical Instruments Industry Forecast” looks at past sales and reviews total world Powered Surgical Instruments sales in 2022, providing a comprehensive analysis by region and market sector of projected Powered Surgical Instruments sales for 2023 through 2029. With Powered Surgical Instruments sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Powered Surgical Instruments industry.
This Insight Report provides a comprehensive analysis of the global Powered Surgical Instruments 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 Powered Surgical Instruments portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Powered Surgical Instruments market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Powered Surgical Instruments 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 Powered Surgical Instruments.
The global Powered Surgical Instruments market size is projected to grow from US$ 2008.7 million in 2022 to US$ 2403 million in 2029; it is expected to grow at a CAGR of 2403 from 2023 to 2029.
North America is the largest producer of Powered Surgical Instruments, with a market share about 45%. It was followed by Europe with 35%. Stryker, Johnson & Johnson, B. Braun, Medtronic and Conmed are the top 5 manufacturers of industry, and they had about 85% combined market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Powered Surgical Instruments market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Electric-powered
Battery-powered
Pneumatic-powered
Segmentation by application
Orthopedic
ENT
Cardiothoracic
Neurology
Others
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.
Stryker
Johnson & Johnson
B. Braun
Medtronic
Conmed
Smith & Nephew
Zimmer Biomet
De Soutter Medical
Pro-Dex
Key Questions Addressed in this Report
What is the 10-year outlook for the global Powered Surgical Instruments market?
What factors are driving Powered Surgical Instruments market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Powered Surgical Instruments market opportunities vary by end market size?
How does Powered Surgical Instruments 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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