North America Powered Surgical Instruments Market, By Power Source (Electric Instruments, Battery-Powered Instruments, Pneumatic Instruments), Product (Handpieces, Power Sources and Controls, Accessories), Application (Orthopedic Surgery, Oral and Maxillofacial Surgery, Neurosurgery, Ent Surgery, Cardiothoracic Surgery, Plastic and Reconstructive Surgery), Country (U.S., Canada, Mexico) Industry Trends and Forecast to 2028
Market Analysis and Insights of North America Powered Surgical Instruments Market
North America powered surgical instruments market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account USD 1,257.93 million by 2028 growing at a CAGR of 4.15% in the above-mentioned forecast period. Increase in the geriatric population drives the powered surgical instruments market swiftly.
Powered surgical instruments are instruments that are used to assist in numerous kinds of surgeries. Powered surgical instruments are either pneumatic or electrical by a power source. These instruments helps in providing greater efficiencies and hence reduce the time required for surgery. Powered surgical instruments can be used to clean, inspect and sterilize at the time of the procedure. The various development and innovations in the fields of neurology, dentistry, cardiology, orthopedics and otology have increased the demand for the powered surgical instruments.
Increase in the carious innovation in technology are being made like surgical robotics is the vital factor escalating the market growth, also increase in the surgical procedures and rise in the prevalence of lifestyle diseases are the major factors among others driving the powered surgical instruments market. Moreover, increase in the research and development activities in the market and increase in the technological advancements and production techniques in the healthcare sector will further create opportunities for powered surgical instruments market in the forecasted period of 2021-2028.
However, dearth of skilled professionals is the major factor among others acting act as a restraint, and will further challenge the growth of powered surgical instruments market in the forecast period mentioned above.
This North America powered surgical instruments market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research North America powered surgical instruments market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Powered Surgical Instruments Market Scope and Market Size
North America powered surgical instruments market is segmented on the basis of power source, product and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on power source, the powered surgical instruments market is segmented into electric instruments, battery-powered instruments and pneumatic instruments.
- Based on product, the powered surgical instruments market is segmented into handpieces, power sources and controls and accessories.
- Powered surgical instruments market is also segmented on the basis of application into orthopedic surgery, oral and maxillofacial surgery, neurosurgery, ent surgery, cardiothoracic surgery, plastic and reconstructive surgery
North America Powered Surgical Instruments Market Country Level Analysis
North America powered surgical instruments market is analysed and market size insights and trends are provided by country, power source, product and application as referenced above.
The countries covered in the powered surgical instruments market report are U.S., Canada and Mexico.
North America dominates the powered surgical instruments market due to increase in the surgical procedures and rise in the prevalence of lifestyle diseases in this region.
The country section of the powered surgical instruments market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of regional brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
North America powered surgical instruments market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for North America powered surgical instruments market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the North America powered surgical instruments market. The data is available for historic period 2010 to 2019.
Competitive Landscape and North America Powered Surgical Instruments Market Share Analysis
North America powered surgical instruments market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to North America powered surgical instruments market.
The major players covered in the North America powered surgical instruments market report are Medtronic, Johnson & Johnson Services Inc., B. Braun Melsungen AG, Stryker, Smith & Nephew Inc., Zimmer Biomet, CONMED Corporation, Abbott, DePuy Synthes, De Soutter Medical, Allotech Inc., adeor medical AG, Exactech Inc., Apothecaries Sundries Mfg. Co., Star Medical, Surtex Instruments Limited, RIMEC S.R.L., MicroAire Surgical Instruments LLC., GEISTER MEDIZINTECHNIK GmbH and Wuhu Ruijin Medical Instrument & Device Co, ltd among other domestic and regional players. Market share data is available for North America only. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-