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Powered Surgical Instruments MarketPowered Surgical Instruments Market - Industry Analysis, Size, Share, Growth, Trends and Forecast to 2025

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Powered surgical instruments are precisely designed surgical instruments used to reduce time of surgical procedures and give consistent performance and functionality. These instruments are powered by external sources such as electricity or batteries
POWERED SURGICAL
INSTRUMENTS MARKET
Global Industry Insights, Trends, Outlook, and
Opportunity Analysis, 2017–2025
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REPORT DESCRIPTION
Powered Surgical Instruments Market
Powered surgical instruments are precisely designed surgical instruments used to reduce time of
surgical procedures and give consistent performance and functionality. These instruments are
powered by external sources such as electricity or batteries. The advancements in the
conventional powered surgical instruments has increased their use in numerous surgical areas
such as in neurosurgery, orthopedic surgery, otology, dental surgery and some others. Every
powered surgical instrument consist of a power source and many hand pieces which are
required to perform specific functions. Development in the interchangeable accessories has
made the surgical procedures safer and faster. Number of companies, physicians, and dentists
are contributing to rapidly growing powered surgical instruments market.
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Rising medical tourism globally is an important factor propelling the growth of powered
surgical instruments market
According to Health Research Funding (HRF) in U.S., around 400,000 robotic surgeries were
performed among all type of surgeries in 2012 and the cost of these surgeries is increasing by
25% every year. The other factors fuelling to the growth of powered surgical instruments market
include rising geriatric population, the growing number of patient with chronic diseases such as
cancer, cardiovascular diseases, orthopedic conditions, and neurological diseases.
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REPORT DESCRIPTION
Electric powered surgical instruments accounted for the maximum share in powered surgical
instruments market due to their lower prices and applications in numerous surgical areas
The global powered surgical instruments market is segmented by power source, application, product,
and region
•
On the basis of power source, the powered surgical instruments market is segmented into
• Electric
• Pneumatic
• Battery
On the basis of applications, the powered surgical instruments market is segmented into
• Neurology
• Orthopedic
• ENT
• Oral
• Thoracic
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REPORT DESCRIPTION
Increase in medical tourism fuelling to the growth of powered surgical instruments market in
Asia Pacific
Regional segmentation of powered surgical instruments market by Coherent Market Insights
comprises of North America, Latin America, Europe, Asia Pacific, Africa, and Middle East. North
America dominates in the power surgical instruments market due to the presence of wellestablished healthcare facilities and rise in geriatric population.. Asia Pacific is also expected to
propel in the powered surgical instruments market owing to factors such as increase in
accessibility to healthcare facilities, rising medical tourism, and increase in prevalence of chronic
diseases with requirement of surgical procedures.
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Major industry players are involved in the expansion of product portfolio and geographical
presence to hold the major share in the powered surgical instruments market
Key industry players operating in the Powered surgical instruments market include Johnson &
Johnson, B. Braun Melsungen AG, Stryker Co., Medtronic Incorporated, Smith & Nephew,
Conmed Co., and Zimmer Holdings. The major industry players are trying to expand their
product portfolio and opting for geographical expansion to lead in the powered surgical
instruments market. For instance, Stryker Co. has expanded product portfolio that include
small bone, large bone, and high speed powered surgical instruments and accessories. The
new players in the powered surgical instruments market might adopt the strategies such as
market penetration, market diversification, and product innovation and development.
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