Orthopedic Power Tools Marketembed
Orthopedics is the branch of surgery concerned with conditions involving the musculoskeletal system.
Orthopedic Power Tools Market 2025: Production, Revenue, Growth Rate, Price and Gross Margin Orthopedics is the branch of surgery concerned with conditions involving the musculoskeletal system. The branch is characterized by both surgical and nonsurgical means to treat musculoskeletal trauma, spine diseases, sports injuries, degenerative diseases, infections, tumors, and congenital disorders. Procedures such as dissection, fixation, shaping, cutting, and fragmentation in orthopedic procedures are performed with the help of instruments and accessories powered with electricity. Moreover, several of these tools are pneumatic that are powered using nitrogen or compressed air. Pneumatic-powered tools are easy to handle as they are small, vibration free, and light in weight. Orthopedic power tools facilitate accuracy and speed while performing orthopedic surgeries. Light-weight, highly modular, easy-to-assemble, and user friendly orthopedic power tools are easier to handle as compared to conventional heavy tools. Such properties of orthopedic power tools are contributing to positive growth of the orthopedic power tools market. Request Sample Copy of Research Report @ https://www.coherentmarketinsights.com/insight/request-sample/1161 Market Dynamics: Major factors responsible for growth of orthopedics power tools market include increasing number of orthopedic surgeries coupled with shortage of skilled and trained surgeons. According to Becker’s Ambulatory Surgical Centre Review, in 2011, total of 5.3 million orthopedic surgeries were performed and this number was projected to rise to 6.6 million by 2020. This high prevalence rate is expected to fuel demand for orthopedic power tools for orthopedic surgical procedures in the near future. Other factors such as new product launches and advancement in technology in these devices is also contributing to the market growth. For instance, in March 2017, Stryker Corporation introduced range of instruments under brand name System 8 Power Tool. The tool has advanced System 8 SABO sagittal saw and System 8 cordless drivers for better accuracy and efficiency. However, contamination in the reusable devices, pricing pressure on manufacturers, and unfavorable reimbursement scenario are expected to restrain the market growth. For instance, according to CDC in 2011, the prevalence of healthcare associated infection were estimated at 157,500 surgical site infections in inpatient surgeries. Global orthopedic power tools market growth is driven by advancements in technology and rise in orthopedic surgeries: High prevalence of osteoporosis and increasing orthopedic surgeries are major factors driving growth of the global orthopedic power tools market. According to the International Osteoporosis Foundation, in 2014, 200 million individuals suffered from osteoporosis. Similarly, according to Becker’s Ambulatory Surgical Centre Review, in 2011, around 5.3 million orthopedic surgeries were performed and the number was projected to reach 6.6 million by 2020. Such high prevalence rate of osteoporosis and orthopedic surgeries is expected to fuel demand for orthopedic power tools over the forecast period. Advancement in technology and increasing geriatric population is expected to propel growth of the market. For instance, in March 2017, Stryker Corporation introduced a range of instruments under the brand name System 8 Power Tool. The tool is used for orthopedic applications and includes advanced System 8 SABO sagittal saw and System 8 cordless drivers that offer better accuracy and are more efficient. However, contamination of sterile instruments, increasing expanse associated with manufacturing of orthopedic power tools, and stringent government regulations are factors hindering growth of the orthopedic power tools market. The standard registration fees by FDA for larger companies manufacturing medical devices has increased by 33% in 2018 with the 510(k) application fees rising by 125%. The global orthopedic power tools market was valued at US$ 829.63 million in 2016 and is expected to exhibit a robust CAGR of 3.3% over the forecast period (2017–2025). Report includes chapters which deeply display the following deliverable about industry : • Global Orthopedic Power Tools Market Research Objective and Assumption • Global Orthopedic Power Tools Market Purview - Report Description, Executive Summary, and Coherent Opportunity Map (COM) • Global Orthopedic Power Tools Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis • Global Global Orthopedic Power Tools Market, By Regions • Global Orthopedic Power Tools Market Competition by Manufacturers including Production, Share, Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type. • Global Orthopedic Power Tools Market Manufacturers Profiles/Analysis including Company Basic Information, Manufacturing Base and Its Competitors. • Global Orthopedic Power Tools Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of Raw Materials. • Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials Sourcing and Downstream Buyers • Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning and Distributors/Traders List. • Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer Preference Change and Economic/Political Environmental Change. • Global Orthopedic Power Tools Market Forecast including Production, Consumption, Import and Export Forecast by Type, Applications and Region. • Research Findings and Conclusion Competative Analysis: Key players operating in the global orthopedic power tools market include Stryker Inc., Zimmer Holdings Inc., Misonix Inc., Arthrex, Aesculap, ConMed Corporation, DePuy Synthes, Brasseler, Medtronic, MedicMicro, B. Braun, OsteoMed, and Aygun Surgical Instruments. Inquire Here Before Purchase of Research Report @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/1161 Detailed Segmentation: • Global Orthopedics Power Tools Market, By Product Type: • Large Bone Orthopedic Power Tools • Small Bone Orthopedic Power Tools • High Speed Orthopedic Power Tools • Orthopedic Reamers • Global Orthopedics Power Tools Market, By Technology: • Electric Powered Systems • Battery Operated Powered Systems • Pneumatic Powered Systems • Global Orthopedics Power Tools Market, By Geography: • North America • Europe • Asia Pacific • Latin America • Middle East • Africa About Coherent Market Insights Coherent Market Insights is a prominent market research and consulting firm offering actionready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected]