Global Powered Surgical Tools Market Size study & Forecast, by Type Power Source, by Product Type, by Application, and Regional Analysis, 2023-2030

Description

List of Tables

Global Powered Surgical Tools Market is valued at approximately USD 323.6 million in 2022 and is anticipated to grow with a healthy growth rate of more than 6.1% over the forecast period 2023-2030. Powered surgical instruments play a crucial role in a diverse range of surgical procedures, assisting either pneumatic or electrical power sources. These instruments contribute to increased efficiency, ultimately reducing the duration of surgeries. Their versatility extends to functions such as cleaning, inspection, and sterilization during procedures. The continuous advancements and innovations in neurology, dentistry, cardiology, orthopedics, and otology have heightened the demand for these powered surgical instruments. The market growth is driven by key factors such as the increasing number of surgical procedures, increasing geriatric gopulation, rising lifestyle disease burden and rising prevalence of osteoporosis and osteoarthritis.

There is a growing emphasis on surgical interventions worldwide, leading to an increase in the number of surgical procedures and driving market expansion. As an illustration, in April 2022, the Victorian government in Australia announced a substantial investment of USD 1.5 billion to address the escalating elective surgery waitlist. This initiative, part of the COVID Catch-Up Plan, aims to boost surgical capacity by 25%, targeting a 125% increase by 2023 and an additional 40,000 surgeries the following year. The substantial investment in surgical procedures is anticipated to contribute significantly to the significant growth of the market during forecast period. Moreover, as per the latest data from the Organization for Economic Co-operation and Development (OECD) in August 2022, the volume of surgeries conducted in certain European nations, including Portugal, Denmark, Ireland, and Norway, for the year 2021 stood at 94.87, 49.33, 32.84, and 21.5 thousand, respectively. The substantial frequency of surgeries in these developed European countries is anticipated to drive increased adoption of powered surgical instruments, thereby fostering growth in the market. However, the lack of availability of a skilled workforce and shortage of trained healthcare professionals stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Powered Surgical Tools Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is leading the market share of Powered Surgical Tools Market propelled by advancements in technology, a rising demand for these tools, heightened awareness regarding facial deformity correction surgical procedures, and the presence of well-established healthcare facilities and services. These factors collectively contribute to the significant growth observed in the market. Asia Pacific is expected to be the fastest growing region spurred by rising demand, technological progress, and a growing elderly population. These ongoing developments are anticipated to persist, solidifying the region's prominent role as a key player in the global market for Craniomaxillofacial (CMF) power tools.

Major market player included in this report are:

AlloTech Co. Ltd
B. Braun Melsungen Ag
Stryker Corporation
Medtronic PLC
Smith & Nephew
Zimmer Biomet
ConMed Corporation
De Soutter Medical Ltd
Adeor Medical AG
MicroAire Surgical Instruments

Recent Developments in the Market:

In March 2023, Stryker, a leading global medical technology provider, introduced the CD NXT System, representing a cutting-edge advancement in the company's power tools. This innovative technology revolutionizes surgical procedures by providing real-time depth measurement as specialized drills enable precise, swift, and consistent digital depth assessment.
In November 2021, DePuy Synthes, a prominent global provider of medical devices and the Orthopaedics Business of Johnson & Johnson, unveiled the UNIUM System as the newest addition to its power tools portfolio. Engineered with a focus on ergonomics, efficiency, and reliability, this system is tailored for Trauma care settings and extends its applicability to sports medicine, small bone surgeries, spine interventions, and thoracic procedures.
In September 2022 marked a significant development as Teleflex Incorporated successfully finalized the acquisition of Standard Bariatrics, Inc., a company that has brought to market an innovative powered stapling technology specifically designed for bariatric surgery.
In June 2022, Ethicon, a division of Johnson & Johnson MedTech, unveiled the ECHELON 3000 Stapler. This digitally enabled device empowers surgeons with a user-friendly, one-handed powered articulation, addressing the distinctive requirements of their patients.

Global Powered Surgical Tools Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Power Source, Product Type, Application, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Power Source:

Electric Instruments
Battery-powered Instruments
Pneumatic Instruments

By Product Type:

Handpiece
Disposables
Accessories

By Application:

Orthopaedic
Dental
Neurosurgery
Cardiothoracic Surgery
Other Applications

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Powered Surgical Tools Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Powered Surgical Tools Market, by Power Source, 2020-2030 (USD Million)
- 1.2.3. Powered Surgical Tools Market, by Product Type, 2020-2030 (USD Million)
- 1.2.4. Powered Surgical Tools Market, by Application, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Powered Surgical Tools Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Powered Surgical Tools Market Dynamics

3.1. Powered Surgical Tools Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Number of Surgical Procedures
  - 3.1.1.2. Increasing Geriatric Population and Rising Lifestyle Disease Burden
  - 3.1.1.3. Rising prevalence of osteoporosis and osteoarthritis
- 3.1.2. Market Challenges
  - 3.1.2.1. Lack of availability of a skilled workforce
  - 3.1.2.2. Shortage of trained healthcare professionals
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing incidence of road accidents and sports injuries
  - 3.1.3.2. Increase in the demand for orthopaedic device
  - 3.1.3.3. Technological Innovations

Chapter 4. Global Powered Surgical Tools Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Powered Surgical Tools Market, by Power Source

5.1. Market Snapshot
5.2. Global Powered Surgical Tools Market by Power Source, Performance - Potential Analysis
5.3. Global Powered Surgical Tools Market Estimates & Forecasts by Power Source 2020-2030 (USD Million)
5.4. Powered Surgical Tools Market, Sub Segment Analysis
- 5.4.1. Electric Instruments
- 5.4.2. Battery-powered Instruments
- 5.4.3. Pneumatic Instruments

Chapter 6. Global Powered Surgical Tools Market, by Product Type

6.1. Market Snapshot
6.2. Global Powered Surgical Tools Market by Product Type, Performance - Potential Analysis
6.3. Global Powered Surgical Tools Market Estimates & Forecasts by Product Type 2020-2030 (USD Million)
6.4. Powered Surgical Tools Market, Sub Segment Analysis
- 6.4.1. Handpiece
- 6.4.2. Disposables
- 6.4.3. Accessories

Chapter 7. Global Powered Surgical Tools Market, by Application

7.1. Market Snapshot
7.2. Global Powered Surgical Tools Market by Application, Performance - Potential Analysis
7.3. Global Powered Surgical Tools Market Estimates & Forecasts by Application 2020-2030 (USD Million)
7.4. Powered Surgical Tools Market, Sub Segment Analysis
- 7.4.1. Orthopaedic
- 7.4.2. Dental
- 7.4.3. Neurosurgery
- 7.4.4. Cardiothoracic Surgery
- 7.4.5. Other Applications

Chapter 8. Global Powered Surgical Tools Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Powered Surgical Tools Market, Regional Market Snapshot
8.4. North America Powered Surgical Tools Market
- 8.4.1. U.S. Powered Surgical Tools Market
  - 8.4.1.1. Power Source breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Product Type breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Application breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Powered Surgical Tools Market
8.5. Europe Powered Surgical Tools Market Snapshot
- 8.5.1. U.K. Powered Surgical Tools Market
- 8.5.2. Germany Powered Surgical Tools Market
- 8.5.3. France Powered Surgical Tools Market
- 8.5.4. Spain Powered Surgical Tools Market
- 8.5.5. Italy Powered Surgical Tools Market
- 8.5.6. Rest of Europe Powered Surgical Tools Market
8.6. Asia-Pacific Powered Surgical Tools Market Snapshot
- 8.6.1. China Powered Surgical Tools Market
- 8.6.2. India Powered Surgical Tools Market
- 8.6.3. Japan Powered Surgical Tools Market
- 8.6.4. Australia Powered Surgical Tools Market
- 8.6.5. South Korea Powered Surgical Tools Market
- 8.6.6. Rest of Asia Pacific Powered Surgical Tools Market
8.7. Latin America Powered Surgical Tools Market Snapshot
- 8.7.1. Brazil Powered Surgical Tools Market
- 8.7.2. Mexico Powered Surgical Tools Market
8.8. Middle East & Africa Powered Surgical Tools Market
- 8.8.1. Saudi Arabia Powered Surgical Tools Market
- 8.8.2. South Africa Powered Surgical Tools Market
- 8.8.3. Rest of Middle East & Africa Powered Surgical Tools Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. AlloTech Co. Ltd
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. B. Braun Melsungen Ag
- 9.3.3. Stryker Corporation
- 9.3.4. Medtronic PLC
- 9.3.5. Smith & Nephew
- 9.3.6. Zimmer Biomet
- 9.3.7. ConMed Corporation
- 9.3.8. De Soutter Medical Ltd
- 9.3.9. Adeor Medical AG
- 9.3.10. MicroAire Surgical Instruments

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Powered Surgical Tools Market, report scope
TABLE 2. Global Powered Surgical Tools Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global Powered Surgical Tools Market estimates & forecasts by Power Source 2020-2030 (USD Million)
TABLE 4. Global Powered Surgical Tools Market estimates & forecasts by Product Type 2020-2030 (USD Million)
TABLE 5. Global Powered Surgical Tools Market estimates & forecasts by Application 2020-2030 (USD Million)
TABLE 6. Global Powered Surgical Tools Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 7. Global Powered Surgical Tools Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global Powered Surgical Tools Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global Powered Surgical Tools Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global Powered Surgical Tools Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global Powered Surgical Tools Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global Powered Surgical Tools Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global Powered Surgical Tools Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global Powered Surgical Tools Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. Global Powered Surgical Tools Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. U.S. Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 17. U.S. Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 18. U.S. Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 19. Canada Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 20. Canada Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21. Canada Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 22. UK Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 23. UK Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24. UK Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 25. Germany Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 26. Germany Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27. Germany Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 28. France Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 29. France Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30. France Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 31. Italy Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 32. Italy Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33. Italy Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 34. Spain Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 35. Spain Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36. Spain Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 37. RoE Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 38. RoE Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39. RoE Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 40. China Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 41. China Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42. China Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 43. India Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 44. India Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45. India Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 46. Japan Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 47. Japan Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48. Japan Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 49. South Korea Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 50. South Korea Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51. South Korea Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 52. Australia Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 53. Australia Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54. Australia Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 55. RoAPAC Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 56. RoAPAC Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57. RoAPAC Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 58. Brazil Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 59. Brazil Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60. Brazil Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 61. Mexico Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 62. Mexico Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63. Mexico Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 64. RoLA Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 65. RoLA Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66. RoLA Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 67. Saudi Arabia Powered Surgical Tools Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 68. South Africa Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69. RoMEA Powered Surgical Tools Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 70. List of secondary sources, used in the study of global Powered Surgical Tools Market
TABLE 71. List of primary sources, used in the study of global Powered Surgical Tools Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable.

LIST OF FIGURES

FIG 1. Global Powered Surgical Tools Market, research methodology
FIG 2. Global Powered Surgical Tools Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Powered Surgical Tools Market, key trends 2022
FIG 5. Global Powered Surgical Tools Market, growth prospects 2023-2030
FIG 6. Global Powered Surgical Tools Market, porters 5 force model
FIG 7. Global Powered Surgical Tools Market, pest analysis
FIG 8. Global Powered Surgical Tools Market, value chain analysis
FIG 9. Global Powered Surgical Tools Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global Powered Surgical Tools Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global Powered Surgical Tools Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global Powered Surgical Tools Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global Powered Surgical Tools Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global Powered Surgical Tools Market, regional snapshot 2020 & 2030
FIG 15. North America Powered Surgical Tools Market 2020 & 2030 (USD Million)
FIG 16. Europe Powered Surgical Tools Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific Powered Surgical Tools Market 2020 & 2030 (USD Million)
FIG 18. Latin America Powered Surgical Tools Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa Powered Surgical Tools Market 2020 & 2030 (USD Million)