Advanced Orthopedic Power Tools for Enhanced Surgical Precision and Patient Outcomes

Orthopedic power tools find various applications in orthopedic surgery, enabling precise and efficient procedures such as bone drilling, cutting, and fixation. These tools offer features such as ergonomic designs for surgeon comfort, variable speed control, and quick change attachments. Recent advancements include the integration of smart technologies, such as navigation systems and robotic-assisted surgeries, to enhance surgical accuracy and patient safety. With continuous research and development, orthopedic power tools are evolving to improve surgical outcomes and patient recovery in the field of orthopedics.

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Data Bridge Market Research analyses that the Swiss Orthopedic Power Tools Market accounted for USD 14.42 million by 2021 and is expected to reach USD 19.82 million by 2029. The market is registering a CAGR of 4.3% during the forecast period of 2022 to 2029. As the elderly population continues to grow, there is a corresponding increase in orthopedic conditions like osteoarthritis and fractures. This surge in orthopedic cases has created a higher demand for orthopedic surgeries and related tools to address the musculoskeletal needs of the aging population, ensuring better mobility and quality of life.

Key Findings of the Study

The growing incidence of orthopedic disorders is expected to drive the market's growth rate

The prevalence of orthopedic conditions, including osteoarthritis, fractures, and spinal disorders, has seen a significant increase. This surge has prompted a higher demand for orthopedic power tools that aid in the accurate diagnosis and effective treatment of these conditions. These specialized tools enable surgeons to perform precise procedures, such as joint replacements, fracture fixation, and spinal surgeries, resulting in improved patient outcomes and enhanced quality of life for those affected by orthopedic disorders.

Report Scope and Market Segmentation

Segment Analysis:

The Swiss orthopedic power tools market is segmented on the basis of product, technology, usage, site, application, end user, and distribution channel.

• On the basis of product, the Swiss orthopedic power tools market is segmented into handpieces and accessories.
• On the basis of technology, the Swiss orthopedic power tools market is segmented into electric powered device, battery powered device, and pneumatic powered device.
• On the basis of usage, the Swiss orthopedic power tools market is segmented into reusable and disposable.
• On the basis of site, the Swiss orthopedic power tools market is segmented into lower extremities and upper extremities.
• On the basis of application, the Swiss orthopedic power tools market is segmented into joint replacement, spinal and neuro, orthopedic trauma injuries, maxillofacial and dental, osteoarthritis and degenerative arthritis, rheumatoid arthritis, soft tissue injuries, and others.
• On the basis of end user, the Swiss orthopedic power tools market is segmented into hospital, Ambulatory Surgical Centers  (ASC), clinics, and others.
• On the basis of distribution channel, the Swiss orthopedic power tools market is segmented into direct tender and third party sales.

Major Players

Data Bridge Market Research recognizes the following companies as the major Swiss orthopedic power tools market players in Swiss orthopedic power tools  market are Stryker (U.S.), DePuy Synthes (A subsidiary of Johnson and Johnson Inc., U.S.), CONMED Corporation (U.S.), Medtronic (Ireland), Smith+ Nephew (U.K.), B.Braun Melsungen AG (Germany)

Market Developments

• In March 2019, Stryker introduced the 1688 Advanced Imaging Modalities (AIM) 4K Visualization Platform, Hip Check, to provide surgeons with an improved visualization platform during orthopedic surgical procedures. The platform offers advanced imaging capabilities, ensuring enhanced visibility and precision, thereby facilitating better outcomes and efficiency in hip surgeries.
• In May 2022, ConMed Corporation has revealed its acquisition of In2Bones Global, Inc. for approximately USD 245 million. This strategic move is expected to bolster ConMed's worldwide presence in the field of orthopaedics, offering expanded avenues for innovation and enabling broader patient outreach.
• In November 2021, DePuy Synthes, a subsidiary of Johnson & Johnson, has introduced the UNIUM System power drill. This advanced system has been designed by DePuy Synthes to cater to the needs of surgeons and medical personnel, enabling them to enhance their performance in orthopaedic surgical procedures.
• In July 2021, DynaMedic has unveiled its inaugural large bone power tool, named the DynaPower7. This significant addition to their portfolio is seen as a strategic entry point into the orthopedic power tools sector, with DynaMedic aiming to secure a substantial market share.
• In May 2021, Arbutus Medical has introduced the StariTrak kit to North American markets. This launch is expected to provide surgeons with increased access to sterile tools for emergency situations, potentially leading to reduced surgery times and enhanced life-saving opportunities, according to Arbutus' perspective.
• In November 2020, Stryker Corporation has declared its acquisition of Wright Medical. Stryker envisions that this move will bolster its international standing in trauma and extremities, fostering increased innovation possibilities and broader patient reach.

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