The surgical power tools market is estimated to generate USD 383.9 million in 2023, which will rise to USD 583.6 million, with a 6.3% CAGR, by 2030.
The progression of this industry is because of the increasing number of technological inventions coupled with the rising count of injuries on the face and head. Furthermore, the rising occurrence of health problems associated with age like osteoporosis, is also boosting the industry expansion.
The hand pieces category, based on product, is the major contributor to the industry, because of their comfortability, ease of usage, effectiveness, and accurate results. They are highly employed in orthopedic procedures for drilling, fixing, as well as placing bone screws.
The battery category, based on power source, will propel at the highest rate, of 6.6%, during this decade. This is because these variants can be transported anyplace, as no lead is linked to them, which also makes them suitable to utilize.
Orthopedic surgery is a key application of these devices due to the rising occurrence of problems associated with the bones. As per some government reports, approximately 1.71 billion individuals are suffering from musculoskeletal disorders all over the globe.
Whereas, the neurosurgery category will propel at the fastest rate during this decade. This is because of the high complexity of the nervous system, which necessitates equally technologically developed equipment to be operated upon.
The hospitals category, based on end users, is the largest contributor to the surgical power tools market. This is because most accidental incidents that need surgeries are admitted to hospitals. Furthermore, hospitals have expert specialists, as well as developed facilities, because of which patients favor them for treatment.
Furthermore, governments are increasing their investment in improving hospitals, making quality care inexpensive as well as easily available. Additionally, hospitals have direct links with manufacturers/providers so they can attain products in bulk at low prices.
North America is leading the industry, and it is likely to remain leading during this decade, generating a value of USD 0.2 billion by 2030. This can be because of the enhanced healthcare system as well as high disposable salary.
Furthermore, significant investments are assigned for medical device R&D every year by different private administrations and governments, to make surgeries faster, effective, safer, and cost-effective.
APAC will propel at the fastest rate, of 6.5%, during this decade, because of the rising populace above 65 years of age, coupled with the increasing pace of technological developments.
Furthermore, the growing count of patients with brain disorders as well as bone-related problems is also boosting the regional industry growth.
With the growing number of technological inventions, the surgical power tools industry will continue to advance in the coming years.
Table of Contents
Chapter 1. Research Scope
1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
1.4.1. Market size breakdown, by product
1.4.2. Market size breakdown, by power source
1.4.3. Market size breakdown, by application
1.4.4. Market size breakdown, by end user
1.4.5. Market size breakdown, by region
1.4.6. Market size breakdown, by country
1.5. Market Data Reporting Unit
1.5.1. Value
1.6. Key Stakeholders
Chapter 2. Research Methodology
2.1. Secondary Research
2.1.1. Paid
2.1.2. Unpaid
2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
5.1. Market Dynamics
5.1.1. Trends
5.1.2. Drivers
5.1.3. Restraints/challenges
5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
5.3.1. Bargaining power of buyers
5.3.2. Bargaining power of suppliers
5.3.3. Threat of new entrants
5.3.4. Intensity of rivalry
5.3.5. Threat of substitutes
Chapter 6. Global Market
6.1. Overview
6.2. Market Revenue, by Product (2017-2030)
6.2.1. Hand pieces market revenue, by type (2017-2030)
6.3. Market Revenue, by Power Source (2017-2030)
6.4. Market Revenue, by Application (2017-2030)
6.5. Market Revenue, by End User (2017-2030)
6.6. Market Revenue, by Region (2017-2030)
Chapter 7. North America Market
7.1. Overview
7.2. Market Revenue, by Product (2017-2030)
7.2.1. Hand pieces market revenue, by type (2017-2030)
7.3. Market Revenue, by Power Source (2017-2030)
7.4. Market Revenue, by Application (2017-2030)
7.5. Market Revenue, by End User (2017-2030)
7.6. Market Revenue, by Country (2017-2030)
Chapter 8. Europe Market
8.1. Overview
8.2. Market Revenue, by Product (2017-2030)
8.2.1. Hand pieces market revenue, by type (2017-2030)
8.3. Market Revenue, by Power Source (2017-2030)
8.4. Market Revenue, by Application (2017-2030)
8.5. Market Revenue, by End User (2017-2030)
8.6. Market Revenue, by Country (2017-2030)
Chapter 9. APAC Market
9.1. Overview
9.2. Market Revenue, by Product (2017-2030)
9.2.1. Hand pieces market revenue, by type (2017-2030)
9.3. Market Revenue, by Power Source (2017-2030)
9.4. Market Revenue, by Application (2017-2030)
9.5. Market Revenue, by End User (2017-2030)
9.6. Market Revenue, by Country (2017-2030)
Chapter 10. LATAM Market
10.1. Overview
10.2. Market Revenue, by Product (2017-2030)
10.2.1. Hand pieces market revenue, by type (2017-2030)
10.3. Market Revenue, by Power Source (2017-2030)
10.4. Market Revenue, by Application (2017-2030)
10.5. Market Revenue, by End User (2017-2030)
10.6. Market Revenue, by Country (2017-2030)
Chapter 11. MEA Market
11.1. Overview
11.2. Market Revenue, by Product (2017-2030)
11.2.1. Hand pieces market revenue, by type (2017-2030)
11.3. Market Revenue, by Power Source (2017-2030)
11.4. Market Revenue, by Application (2017-2030)
11.5. Market Revenue, by End User (2017-2030)
11.6. Market Revenue, by Country (2017-2030)
Chapter 12. U.S. Market
12.1. Overview
12.2. Market Revenue, by Product (2017-2030)
12.2.1. Hand pieces market revenue, by type (2017-2030)
12.3. Market Revenue, by Power Source (2017-2030)
12.4. Market Revenue, by Application (2017-2030)
12.5. Market Revenue, by End User (2017-2030)
Chapter 13. Canada Market
13.1. Overview
13.2. Market Revenue, by Product (2017-2030)
13.2.1. Hand pieces market revenue, by type (2017-2030)
13.3. Market Revenue, by Power Source (2017-2030)
13.4. Market Revenue, by Application (2017-2030)
13.5. Market Revenue, by End User (2017-2030)
Chapter 14. Germany Market
14.1. Overview
14.2. Market Revenue, by Product (2017-2030)
14.2.1. Hand pieces market revenue, by type (2017-2030)
14.3. Market Revenue, by Power Source (2017-2030)
14.4. Market Revenue, by Application (2017-2030)
14.5. Market Revenue, by End User (2017-2030)
Chapter 15. France Market
15.1. Overview
15.2. Market Revenue, by Product (2017-2030)
15.2.1. Hand pieces market revenue, by type (2017-2030)
15.3. Market Revenue, by Power Source (2017-2030)
15.4. Market Revenue, by Application (2017-2030)
15.5. Market Revenue, by End User (2017-2030)
Chapter 16. U.K. Market
16.1. Overview
16.2. Market Revenue, by Product (2017-2030)
16.2.1. Hand pieces market revenue, by type (2017-2030)
16.3. Market Revenue, by Power Source (2017-2030)
16.4. Market Revenue, by Application (2017-2030)
16.5. Market Revenue, by End User (2017-2030)
Chapter 17. Italy Market
17.1. Overview
17.2. Market Revenue, by Product (2017-2030)
17.2.1. Hand pieces market revenue, by type (2017-2030)
17.3. Market Revenue, by Power Source (2017-2030)
17.4. Market Revenue, by Application (2017-2030)
17.5. Market Revenue, by End User (2017-2030)
Chapter 18. Spain Market
18.1. Overview
18.2. Market Revenue, by Product (2017-2030)
18.2.1. Hand pieces market revenue, by type (2017-2030)
18.3. Market Revenue, by Power Source (2017-2030)
18.4. Market Revenue, by Application (2017-2030)
18.5. Market Revenue, by End User (2017-2030)
Chapter 19. Japan Market
19.1. Overview
19.2. Market Revenue, by Product (2017-2030)
19.2.1. Hand pieces market revenue, by type (2017-2030)
19.3. Market Revenue, by Power Source (2017-2030)
19.4. Market Revenue, by Application (2017-2030)
19.5. Market Revenue, by End User (2017-2030)
Chapter 20. China Market
20.1. Overview
20.2. Market Revenue, by Product (2017-2030)
20.2.1. Hand pieces market revenue, by type (2017-2030)
20.3. Market Revenue, by Power Source (2017-2030)
20.4. Market Revenue, by Application (2017-2030)
20.5. Market Revenue, by End User (2017-2030)
Chapter 21. India Market
21.1. Overview
21.2. Market Revenue, by Product (2017-2030)
21.2.1. Hand pieces market revenue, by type (2017-2030)
21.3. Market Revenue, by Power Source (2017-2030)
21.4. Market Revenue, by Application (2017-2030)
21.5. Market Revenue, by End User (2017-2030)
Chapter 22. Australia Market
22.1. Overview
22.2. Market Revenue, by Product (2017-2030)
22.2.1. Hand pieces market revenue, by type (2017-2030)
22.3. Market Revenue, by Power Source (2017-2030)
22.4. Market Revenue, by Application (2017-2030)
22.5. Market Revenue, by End User (2017-2030)
Chapter 23. South Korea Market
23.1. Overview
23.2. Market Revenue, by Product (2017-2030)
23.2.1. Hand pieces market revenue, by type (2017-2030)
23.3. Market Revenue, by Power Source (2017-2030)
23.4. Market Revenue, by Application (2017-2030)
23.5. Market Revenue, by End User (2017-2030)
Chapter 24. Brazil Market
24.1. Overview
24.2. Market Revenue, by Product (2017-2030)
24.2.1. Hand pieces market revenue, by type (2017-2030)
24.3. Market Revenue, by Power Source (2017-2030)
24.4. Market Revenue, by Application (2017-2030)
24.5. Market Revenue, by End User (2017-2030)
Chapter 25. Mexico Market
25.1. Overview
25.2. Market Revenue, by Product (2017-2030)
25.2.1. Hand pieces market revenue, by type (2017-2030)
25.3. Market Revenue, by Power Source (2017-2030)
25.4. Market Revenue, by Application (2017-2030)
25.5. Market Revenue, by End User (2017-2030)
Chapter 26. Saudi Arabia Market
26.1. Overview
26.2. Market Revenue, by Product (2017-2030)
26.2.1. Hand pieces market revenue, by type (2017-2030)
26.3. Market Revenue, by Power Source (2017-2030)
26.4. Market Revenue, by Application (2017-2030)
26.5. Market Revenue, by End User (2017-2030)
Chapter 27. South Africa Market
27.1. Overview
27.2. Market Revenue, by Product (2017-2030)
27.2.1. Hand pieces market revenue, by type (2017-2030)
27.3. Market Revenue, by Power Source (2017-2030)
27.4. Market Revenue, by Application (2017-2030)
27.5. Market Revenue, by End User (2017-2030)
Chapter 28. U.A.E. Market
28.1. Overview
28.2. Market Revenue, by Product (2017-2030)
28.2.1. Hand pieces market revenue, by type (2017-2030)