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05-Jun-2023

Surgical Power Tools Market is Projected to Grow Expeditiously: to Reach $3,783.7 Million by 2031, Claims AMR

Surgical power tools play a significant role in modern surgical procedures, enhancing precision, efficiency, and safety. These tools are designed to aid surgeons in various tasks, including bone cutting, drilling, and tissue removal. Powered by electricity or pneumatic systems, surgical power tools offer numerous advantages over traditional manual instruments. The global surgical power tools market size was valued at $2,275.2 million in 2021, and is projected to reach $3,783.7 million by 2031, growing at a CAGR of 5.2% from 2022 to 2031.

Surgical Power Tools Market in Short:

CAGR: 5.2%
Current Market Size: USD 3,783.7 Million
Fastest Growing Region: APAC
Largest Market: North America
Projection Time: 2022-2031
Base Year: 2022

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Q1. What is the fastest growing region in surgical power tools Market?

A. Asia-Pacific is anticipated to witness lucrative growth during the forecast period, owing to rise in expenditure by government organization to develop healthcare sector, increase in prevalence chronic disorders, and surge in the number of geriatric populations.

Q2. What are the key trends in the surgical power tools Market report?

A. The key trends in the surgical power tools Market are rise in number of surgical procedures, and increase in the number of market players who manufacture surgical power tools.

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Firstly, surgical power tools enable surgeons to perform procedures with greater precision and accuracy. These tools are designed to provide controlled and consistent movements, reducing the risk of human error. Whether it’s a bone saw or a surgical drill, the power tools offer enhanced maneuverability and enable surgeons to access difficult-to-reach areas, resulting in improved surgical outcomes.

Secondly, surgical power tools increase the efficiency and speed of surgical procedures. By automating certain tasks, such as bone cutting or tissue removal, these tools save valuable operating time. This efficiency not only benefits the surgeon but also reduces the duration of anesthesia and overall surgical time for the patient. Consequently, surgical power tools contribute to shorter hospital stays and faster patient recovery.

Major Key Market Players in the Industry –

  • Johnson & Johnson,
  • Braun SE,
  • Altra Industrial Motion Corp.,
  • Zimmer Biomet Holding Inc.,
  • CONMED Corporation,
  • Arthrex, Inc.,
  • Medtronic plc,
  • Stryker Corporation,
  • GPC Medical Ltd.,
  • Sharma Orthopedic

Market: By Region Outlook

  • North America (U.S., Canada, Mexico)
  • Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA (Brazil, South Africa, Turkey, Saudi Arabia, Rest of LAMEA)

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Important Questions Being Answered by This Market Report Are –

Q1. Which is base year is calculated in the surgical power tools Market report?

Q2. How many surgical power tools companies are profiled in the report?

Q3. What is the total market value of surgical power tools Market report?

Q4. What would be forecast period in the market report?

Key findings of the study –

  • In conclusion, surgical power tools have revolutionized the field of surgery by providing increased precision, efficiency, and safety. These tools enable surgeons to perform complex procedures with greater accuracy and speed, leading to improved patient outcomes. While the benefits are significant, their use should always be guided by well-trained healthcare professionals and adhere to strict safety protocols.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various research data tables and confirms utmost accuracy in our market forecasting. Each and every us companies and this helps us in digging out market data that helps us generate accurate y data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Editor Details

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Last Updated: 05-Jun-2023