The global powered surgical instrument market is expected to grow at a CAGR of around 4.0% from 2019 to 2026 and reach the market value of over US$2,900 Mn by 2026.
Powered surgical instrument is a market of technological instruments used to assist at the time of performing neurological and orthopedic surgery. This surgical powered instrument is categorized by product which includes high speed equipment, large bone battery/electric equipment, small bone pneumatic equipment, large bone pneumatic equipment, and small bone electrical equipment. In surgery and RF electro surgery systems, surgeons often use saws, clip appliers, surgical drills, and surgical staplers to cauterize tissue and cut in almost all types of surgical procedures.
Market Dynamics
The major factors that drive the powered surgical instrument market include dominance of chronic disease and growing geriatric population due to rising awareness regarding healthcare among population. Other factor that attributed the growth of the powered surgical instrument market is increasing demand of surgical procedures and minimally invasive as well as non-invasive surgeries. Some factors that limit market growth are continuous pressure on healthcare suppliers to decrease expenses, insufficient quality assurance and insufficient sterilization practices for machinery.
The market is segmented into product, power source, application and region. The product segment is bifurcated into hand piece, power source & controls, and accessories. The hand pieces segment held the highest revenue in 2018 and is anticipated to maintain the growth through the forecast period with fastest growing CAGR from 2019-2026. The hand piece comprises 65% of the global market due to increasing approval for innovative technologically powered surgical instruments and also rising demand for minimal invasive surgery. Furthermore, the demand for hand piece segment is significantly growing due to its precise features such as high efficiency, high power, and lightweight.
Report coverage
The market research study on “Powered Surgical Instrument Market – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026”, offers a detailed insights on the global powered surgical instrument market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global powered surgical instrument market, its product, power source, application, and major geographic regions. The report covers basic development policies and layouts of technology development processes. The flavored veterinary medication market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, Middle East & Africa followed by major countries. For each region, the market size for different segments has been covered under the scope of report. North America is likely to dominate the powered surgical instrument market in terms of revenue, followed by Europe due to increasing in number of geriatric population, high disposable income, favorable government rules and regulations, and adoption of innovative technologies. The Asia-Pacific region depicts the fastest growing market for hardware and accessories for powered surgical instruments, mainly owing to enhanced medical tourism, improved accessibility to health care facilities, and increased incidence of chronic diseases requiring surgical procedures in the region. Latin America shows prominent growth of the powered surgical instrument market owing to adoption of advanced technological such as surgical robots, increasing frequency of diseases like cancer, neurological diseases, cardiovascular disease, and orthopedic conditions. Other factors that are driving this region are rising prevalence and awareness among the population with rising healthcare investment. Middle East & Africa is projected to witness the considerable growth of the market attributed to increasing therapeutic tourism industry, rising surgical methods for ceaseless infections, rising needs with low prevalence and great repayment situations.
Market players of powered surgical instrument are focusing on product development and providing distinct at competitive prices especially in developing countries. Manufacturers are expanding their product portfolios by adopting key strategies such as mergers, acquisition, and partnerships. The players profiled in the report are AlloTech Co. Ltd., CONMED Corporation, Medtronic plc, Stryker Corporation, Zimmer Biomet, adeor medical AG, Smith & Nephew plc, B. Braun Melsungen AG, and MicroAire Surgical Instruments, LLC., GEISTER Medizintechnik GmbH and among others.
Recent developments:
- In 2018, CONMED Corporation launched new product named MicroFree surgical small bone power tools. This product was launched with specific features such as battery-powered, cordless, and pencil grip mainly for small bone.
- In 2019, Stryker acquire Mobius Imaging, LLC who was the leader in point-of-care technology. The acquisition offers Stryker’s spine sector with direct entry to the imaging segment and navigation offerings.
- In 2018, adeor medical AG launched new electric Velocity Alpha for high speed surgical drill system. It has unique surgical features such as easy handling, offers reliable performance, reducing cost and cash flow requirements.
- In 2019, Smith & Nephew plc acquire innovator of optical tracking technology by expanding digital surgery ecosystem.
Market Segmentation
Market By Product
- Hand Piece
- Drill Systems
- Reamer Systems
- Saw Systems
- Stapler
- Shavers
- Others
- Power Source & Controls
- Batteries
- Electric Consoles
- Pneumatic Regulators
- Accessories
- Surgical Accessories
- Electrical Accessories
Market By Power Source
- Battery-Powered Instruments
- Pneumatic Instruments
- Electric Instruments
Market By Application
- Orthopedic Surgery
- Neurosurgery
- ENT Surgery
- Cardiovascular Surgery
- Cardiothoracic Surgery
- Plastic Surgery
- Others
Market By Geography
- North America
- Europe
- UK.
- Germany
- France
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Powered Surgical Instrument
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Powered Surgical Instrument Market By Product
1.2.2.1. Global Powered Surgical Instrument Market Revenue and Growth Rate Comparison By Product (2015-2026)
1.2.2.2. Global Powered Surgical Instrument Market Revenue Share By Product in 2018
1.2.2.3. Hand Piece
1.2.2.3.1. Drill Systems
1.2.2.3.2. Reamer Systems
1.2.2.3.3. Saw Systems
1.2.2.3.4. Stapler
1.2.2.3.5. Shavers
1.2.2.3.6. Others
1.2.2.4. Power Source & Controls
1.2.2.4.1. Batteries
1.2.2.4.2. Electric Consoles
1.2.2.4.3. Pneumatic Regulators
1.2.2.5. Accessories
1.2.2.5.1. Surgical Accessories
1.2.2.5.2. Electrical Accessories
1.2.3. Powered Surgical Instrument Market By Power Source
1.2.3.1. Global Powered Surgical Instrument Market Revenue and Growth Rate Comparison By Power Source (2015-2026)
1.2.3.2. Battery-Powered Instruments
1.2.3.3. Pneumatic Instruments
1.2.3.4. Electric Instruments
1.2.4. Powered Surgical Instrument Market By Application
1.2.4.1. Global Powered Surgical Instrument Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.4.2. Orthopedic Surgery
1.2.4.3. Neurosurgery
1.2.4.4. ENT Surgery
1.2.4.5. Cardiovascular Surgery
1.2.4.6. Cardiothoracic Surgery
1.2.4.7. Plastic Surgery
1.2.4.8. Others
1.2.5. Powered Surgical Instrument Market By Geography
1.2.5.1. Global Powered Surgical Instrument Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America Powered Surgical Instrument Market Revenue and Growth Rate (2015-2026)
1.2.5.3. Europe Powered Surgical Instrument Market Revenue and Growth Rate (2015-2026)
1.2.5.4. Asia-Pacific Powered Surgical Instrument Market Revenue and Growth Rate (2015-2026)
1.2.5.5. Latin America Powered Surgical Instrument Market Revenue and Growth Rate (2015-2026)
1.2.5.6. Middle East and Africa (MEA) Powered Surgical Instrument Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Powered Surgical Instrument Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Powered Surgical Instrument Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Powered Surgical Instrument Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Powered Surgical Instrument Major Manufacturers in 2018
CHAPTER 4. POWERED SURGICAL INSTRUMENT MARKET BY PRODUCT
4.1. Global Powered Surgical Instrument Revenue By Product
4.2. Hand Piece
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.2.3. Drill Systems
4.2.4. Reamer Systems
4.2.5. Saw Systems
4.2.6. Stapler
4.2.7. Shavers
4.2.8. Others
4.3. Power Source & Controls
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3.3. Batteries
4.3.4. Electric Consoles
4.3.5. Pneumatic Regulators
4.4. Accessories
4.4.1. Surgical Accessories
4.4.2. Electrical Accessories
CHAPTER 5. POWERED SURGICAL INSTRUMENT MARKET BY POWER SOURCE
5.1. Global Powered Surgical Instrument Revenue By Power Source
5.2. Battery-Powered Instruments
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Pneumatic Instruments
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Electric Instruments
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. POWERED SURGICAL INSTRUMENT MARKET BY APPLICATION
6.1. Global Powered Surgical Instrument Revenue By Application
6.2. Orthopedic Surgery
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Neurosurgery
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. ENT Surgery
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.5. Cardiovascular Surgery
6.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.6. Cardiothoracic Surgery
6.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.7. Plastic Surgery
6.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.8. Others
6.8.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.8.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. NORTH AMERICA POWERED SURGICAL INSTRUMENT MARKET BY COUNTRY
7.1. North America Powered Surgical Instrument Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Powered Surgical Instrument Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Powered Surgical Instrument Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 8. EUROPE POWERED SURGICAL INSTRUMENT MARKET BY COUNTRY
8.1. Europe Powered Surgical Instrument Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Powered Surgical Instrument Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 9. ASIA-PACIFIC POWERED SURGICAL INSTRUMENT MARKET BY COUNTRY
9.1. Asia-Pacific Powered Surgical Instrument Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific Powered Surgical Instrument Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 10. LATIN AMERICA POWERED SURGICAL INSTRUMENT MARKET BY COUNTRY
10.1. Latin America Powered Surgical Instrument Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Powered Surgical Instrument Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA POWERED SURGICAL INSTRUMENT MARKET BY COUNTRY
11.1. Middle East & AFRICA Powered Surgical Instrument Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East & AFRICA Powered Surgical Instrument Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5. Rest of Middle East & AFRICA
11.5.1. Market Revenue and Forecast By Product, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Power Source, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. AlloTech Co. Ltd.
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Type Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. CONMED Corporation
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Type Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Medtronic plc
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Type Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Stryker Corporation
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Type Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Zimmer Biomet
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Type Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. adeor medical AG
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Type Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Smith & Nephew plc
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Type Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. B. Braun Melsungen AG
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Type Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. MicroAire Surgical Instruments, LLC.
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Type Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. GEISTER Medizintechnik GmbH
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Type Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Type Portfolio
12.11.5. Key Developments
12.11.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
