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.
The global average price of Powered Surgical Instruments is in the decreasing trend, from 1100 USD/Unit in 2013 to 1033 USD/Unit in 2017. With the situation of global economy, prices will be in decreasing trend in the following years.
The classification of Powered Surgical Instruments includes Electric-powered, Battery-powered and Pneumatic-powered, the proportion of Electric-powered in 2017 is about 53%, and the proportion is in decreasing trend from 2013 to 2017.
Powered Surgical Instruments is widely used in Orthopedic, ENT, Cardiothoracic, Neurology and other procedures. The most proportion of Powered Surgical Instruments is in Cardiothoracic, and the proportion in 2017 is 37%. The trend of Cardiothoracic is decreasing.
According to this study, over the next five years the Powered Surgical Instruments market will register a 3.7% CAGR in terms of revenue, the global market size will reach USD 2250 million by 2024, from USD 1810 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Powered Surgical Instruments business, shared in Chapter 3.
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.
This study considers the Powered Surgical Instruments value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Electric-powered
Battery-powered
Pneumatic-powered
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Orthopedic
ENT
Cardiothoracic
Neurology
Other
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Stryker
Johnson & Johnson
B. Braun
Medtronic
Conmed
Smith & Nephew
Zimmer Biomet
De Soutter Medical
Pro-Dex
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Powered Surgical Instruments consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Powered Surgical Instruments market by identifying its various subsegments.
Focuses on the key global Powered Surgical Instruments manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Powered Surgical Instruments with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Powered Surgical Instruments submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.