Europesurgical power tools market is expected to gain market growth in theforecast period of 2021 to 2028.
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Rise in neurological and orthopedic disorders are the majordrivers which propelled the demand of surgical power tools are used forperforming surgeries on bone or bone fragments, among other types. These powertools help in reaming, sawing, drilling, screwing, and other procedures. Itincludes a handpiece, disposables, and accessories. Handpieces used forsurgeries are generally of two types of electric handpieces and air-drivenhandpieces; however, with rapid research and development, high torque electrichandpieces have also been discovered. Major surgical procedures where thesetools can be employed involve orthopedic surgery, ENT surgery, neurologysurgery, dental surgery, and cardiothoracic surgery. The discovery of suchpower tools has revolutionized surgical procedures by making the overallprocedure efficient and flawless.
Surgical Power ToolsMarket Scope and Market Size
Surgical power tools market is categorized into six notablesegments which are based on basis of product, technology, device type,application, end user and distribution channel. The growth among segments helpsyou analyse niche pockets of growth and strategies to approach the market anddetermine your core application areas and the difference in your targetmarkets.
On the basis of product, the surgical power tools market issegmented into handpiece, disposables and accessories. In 2021, the handpiecesegment is expected to dominate the market due to its automatic poweroptimization feature, smooth surgical delivery, and high compatibility ratewith a wide range of accessories and disposables. Handpieces are used forvarious surgical procedures ranging from drilling to reaming, boosting themarket growth.
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On the basis of technology, the surgicalpower tools market is segmented into electric-operated power tools, battery-drivenpower tools, pneumatic power tools, others. In 2021, the electric-operatedpower tools segment is expected to dominate the market as this instrumentoffers constant torque even with high resistance and higher load. Moreover,enhanced safety precautions associated with accidental injuries have beenlowered by introducing electrically operated power tools, accelerating marketgrowth. Electric-powered power tools do not produce any vibratory sensation,enhancing their demand in the market.
On the basis of device type, the surgical power tools marketis segmented into large bone power tools, small bone power tools, medium bonepower tools, others. In 2021, the large bone power tools segment is expected todominate the market due to the rise in the prevalence of osteoarthritis,osteoporosis, and hip fractures, among other large bone injuries. Moreover, thegrowing number of knee arthroplasty, among others, is providing the market withlucrative growth.
On the basis of application, the surgical power tools marketis segmented into orthopedic surgery, ENT surgery, neurology surgery, dentalsurgery, cardiothoracic surgery, others. In 2021, the orthopedic surgerysegment is expected to dominate the market due to the rise in a number of sortsand road accidents and the high adoption of minimally-invasive surgicalprocedures.
On the basis of end user, the surgical power tools market issegmented into hospitals, ambulatory surgical centers (ASC), clinics, others.In 2021, the hospitals segment is expected to dominate the market due to therise in number of surgeries and demand for devices that can cut off the overallsurgery time and high-cost pressure.
On the basis of distribution channel, the surgical powertools market is segmented into direct tenders and third party distribution. In2021, direct tenders segment is expected to the market due to low cost deviceprocurement and large dependence of hospitals among other end users on directtenders.
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Surgical Power ToolsMarket Country Level Analysis
The surgical power tools market is analysed and market sizeinformation is provided on basis of six notable segments which are by product,technology, device type, application, end user and distribution channel asreferenced above.
The countries covered in the surgical power tools marketreport are the Germany, U.K., France, Italy, Spain, Netherlands, Russia,Turkey, Belgium, Switzerland, Rest of Europe.
Competitive Landscapeand Surgical Power Tools Market Share Analysis
The major companies providing surgical power tools areMedtronic, Stryker, Zimmer Biomet, NOUVAG AG, Medical Bees Gmbh, B. BraunMelsungen AG, Adeor Medical AG, NSK LTD among others. DBMR analysts understandcompetitive strengths and provide competitive analysis for each competitorseparately.
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