Europe surgical power tools market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.4% in the forecast period of 2021 to 2028 and is expected to reach USD 600.59 million by 2028 from USD 433.02 million in 2020.
Surgical Power Tools Market Scope and Market Size
Surgical power tools market is categorized into six notable segments which are based on basis of product, technology, device type, application, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of application, the surgical power tools market is segmented into orthopedic surgery, ENT surgery, neurology surgery, dental surgery, cardiothoracic surgery, others. In 2021, the orthopedic surgery segment is expected to dominate the market due to the rise in a number of sorts and road accidents and the high adoption of minimally-invasive surgical procedures.
- On the basis of end user, the surgical power tools market is segmented into ambulatory surgical centers (ASC), clinics, others. In 2021, the hospitals segment is expected to dominate the market due to the rise in number of surgeries and demand for devices that can cut off the overall surgery time and high-cost pressure.
- On the basis of distribution channel, the surgical power tools market is segmented into direct tenders and third party distribution. In 2021, direct tenders segment is expected to the market due to low cost device procurement and large dependence of hospitals among other end users on direct tenders.
Surgical Power Tools Market Country Level Analysis
The surgical power tools market is analysed and market size information is provided on basis of six notable segments which are by product, technology, device type, application, end user and distribution channel as referenced above.
The countries covered in the surgical power tools market report are the Germany, U.K., France, Italy, Spain, Netherlands, Russia, Turkey, Belgium, Switzerland, Rest of Europe.
Europe is expected to grow with CAGR of 4.4% in the forecasted periods due to increase in R&D activities and agreements & acquisitions between the major market players.
Competitive Landscape and Surgical Power Tools Market Share Analysis
Surgical power tools market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to surgical power tools market.
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Major Key Player Surgical Power Tools Market
The major companies providing surgical power tools are Medtronic, Stryker, Zimmer Biomet, NOUVAG AG, Medical Bees Gmbh, B. Braun Melsungen AG, Adeor Medical AG, NSK LTD among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT
Ø Chapter One: Introduction
Ø Chapter Two: Market Scope
Ø Chapter Three: Regional Analysis
Ø Chapter Four: Market Share Analysis
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