Global Powered Surgical Instruments Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Power Source;

Electric Instruments , Battery-Powered Instruments, and Pneumatic Instruments.

By Application;

Orthopedic Surgery , Oral & Maxillofacial Surgery , Neurosurgery , Ear, Nose & Throat (ENT) Surgery , Cardiothoracic Surgery, and Plastic & Reconstructive Surgery.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn654282751 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Powered Surgical Instruments Market (USD Million), 2020 - 2030

In the year 2023, the Global Powered Surgical Instruments Market was valued at USD 2,241.57 million. The size of this market is expected to increase to USD 2,916.16 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 3.8%.

The global powered surgical instruments market stands at the forefront of innovation and technological advancement in the medical device industry. With a relentless pursuit of precision, efficiency, and patient outcomes, this market segment continues to redefine surgical practices worldwide. From orthopedic surgeries to neurology and beyond, powered surgical instruments have become indispensable tools for modern healthcare professionals.

Driven by an aging population, increasing prevalence of chronic diseases, and the growing demand for minimally invasive procedures, the market for powered surgical instruments is experiencing steady growth. These instruments offer surgeons greater control, enhanced dexterity, and reduced operative time, leading to improved patient recovery rates and shorter hospital stays. Moreover, advancements such as robotic-assisted surgery are pushing the boundaries of what's possible, further propelling the market's expansion.

The landscape of the global powered surgical instruments market is not without its challenges. Regulatory complexities, cost constraints, and the need for specialized training pose significant barriers to widespread adoption. Additionally, ensuring the safety and reliability of these instruments remains a paramount concern for both manufacturers and healthcare providers. Yet, with continuous research and development, coupled with a commitment to innovation, the market is poised for continued growth, promising a future where surgical procedures are safer, more efficient, and ultimately, more effective in improving patient outcomes.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Power Source
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Powered Surgical Instruments Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Surgical Procedures
        2. Growing Geriatric Population
        3. Rising Demand for Minimally Invasive Surgery
      2. Restraints
        1. High Cost of Powered Instruments
        2. Risk of Surgical Complications
        3. Lack of Skilled Personnel
      3. Opportunities
        1. Adoption of Robotic-Assisted Surgery
        2. Focus on Product Innovation
        3. Shift Towards Ambulatory Surgical Centers
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Powered Surgical Instruments Market, By Power Source, 2020 - 2030 (USD Million)
      1. Electric Instruments
      2. Battery-Powered Instruments
      3. Pneumatic Instruments
    2. Global Powered Surgical Instruments Market, By Application, 2020 - 2030 (USD Million)
      1. Orthopedic Surgery
      2. Oral & Maxillofacial Surgery
      3. Neurosurgery
      4. Ear, Nose & Throat (ENT) Surgery
      5. Cardiothoracic Surgery
      6. Plastic & Reconstructive Surgery
    3. Global Powered Surgical Instruments Market Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. B. Braun Melsungen Ag
      2. Medtronic, Inc.
      3. Johnson and Johnson
      4. Stryker Corporation
      5. Conmed Corporation
      6. Smith and Nephew PLC
      7. Microaire Surgical Instruments, Inc.
      8. Peter Brasseler Holdings, LLC.
      9. Zimmer Holdings
      10. Desoutter Medical Ltd.
  7. Analyst Views
  8. Future Outlook of the Market

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