Global Powered Surgical Instruments Market To Grow At A CAGR Of 3.31% During The Period 2017-2021 : CONMED, DePuy Synthes, Medtronic, Stryker, Zimmer Biomet

Researchmoz added Most up-to-date research on "Global Powered Surgical Instruments Market 2017-2021" to its huge collection of research reports.

Powered surgical instruments are the tools designed specifically to perform cutting, dissecting, holding, reaming, sawing, grasping, drilling and assist many other surgical procedures. These powered surgical instruments are powered by electric power source, battery power source and air /nitrogen powered (pneumatic power). Increasing in prevalence of chronic disorders, increasing number of surgery procedures in areas including orthopedic, ENT, spine, plastic, ophthalmic, dental and thoracic surgeries spur the powered surgical instrument market growth.

Technavios analysts forecast the global powered surgical instruments market to grow at a CAGR of 3.31% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global powered surgical instruments market for 2017-2021. To calculate the market size, the report considers the revenue generated for the powered surgical instruments.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Powered Surgical Instruments Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
CONMED
DePuy Synthes
Medtronic
Stryker
Zimmer Biomet
Other prominent vendors
adeor medical
AlloTech
Apothecaries Sundries
Arthrex
B. Braun Mesne
De Soutter Medical
ERMIS MedTech
Exactech
KLS Martin
McGinley Orthopaedic Innovations
MEDICMICRO
MicroAire Surgical Instruments
Nouvag
Pro-Dex
RIMEC
Shanghai Bojin Medical Instrument
Si Us INSTRUMENTS
Smith & Nephew
STARS MEDICAL DEVICES
Surtex Instruments
Tava Surgical

Market driver
Growing demand for MI surgical techniques
For a full, detailed list, view our report

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Market challenge
Risks/complications associated with powered surgical instruments
For a full, detailed list, view our report

Market trend
Growing technological advancements fuel the market growth
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?

Global Powered Surgical Instruments Market Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

Researchmoz added Most up-to-date research on "Powered Surgical Instruments Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020" to its huge collection of research reports.

A powered surgical instrument is a specifically designed device that utilizes power sources for carrying out specific action during surgery. Power sources may be electrical (line current or battery operated), or pneumatic - which make use of compressed medical gasses, such as nitrogen, carbon dioxide or compressed air. The powered surgical instrument market is experiencing significant growth with the advent of technological innovations and a major focus on minimally invasive surgical procedures.

Powered surgical instruments can be classified based on:

Power Source
- Battery-powered Equipment
- Electric-powered Equipment
- Pneumatic Equipment

Application
- Orthopedic Surgery
- ENT Surgery
- Oral surgery
- Thoracic surgery
- Neurosurgery
- Plastic and Reconstructive Surgery
- Cardiac surgery
- Ophthalmic surgery

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Product
- Hand pieces
- Drills
- Saws
- Reamers
- Cables
- Blade
- Consoles
- Carts
- burrs
- Staplers
- Ultrasound tissue disruptors
- Laparoscopic instruments
- Lasers
- Shavers
- Wire/Pin Drivers
- Perforators
- Craniotomes
- Others

The powered surgical instruments market has been witnessing an increasing and continuous growth. Many factors are responsible for the growth of powered surgical instrument market such as increasing volume of surgical procedures, aging population, increasing demand for non-invasive as well as minimally invasive surgeries, rise in healthcare spending, increased accessibility to healthcare, growing prevalence of lifestyle diseases and medical tourism. However, insufficient quality assurance, constant pressure on healthcare providers to reduce costs and lack of proper sterilization practices are restricting the growth of this market.

Geographically, the global powered surgical instrument market is segmented into four major regions: North America, Europe, Asia-Pacific and Rest of the World (RoW). In terms of geography, North America followed by Europe accounted for the largest market share of powered surgical instruments market due to advent of new technologies, high disposable income, growing aging population and favorable regulatory framework. However, Asia Pacific market is also witnessing a very positive growth due to the development of medical tourism industry, growing unmet medical and healthcare needs, increasing prevalence of chronic diseases that necessitate surgical procedures, encouraging reimbursement scenarios and high adoption rate of precise surgical instruments.

The global powered surgical instrument market is witnessing an admirable growth due to the transformative and innovative technological advancements, for instance introduction of surgical robotics have positively impacted the market growth. Powered surgical instruments are majorly utilized in orthopedic, ophthalmic and cardiac surgeries. Rise in prevalence of chronic diseases such as cardiovascular diseases, neurological diseases, orthopedic conditions and cancer across the globe require surgical interventions, thus leads to increase in surgical procedures.  The advancing medical tourism industry, in developing economies is likely to drive this market in coming years.

The powered surgical instrument market is highly fragmented due to the participation of many established as well as new players in this market. New entrants in the market are giving a tough competition to the existing players. In order to maintain their position existing players are adopting new technologies and introducing new product into the market. Also, the market is expected to witness a high growth rate due to growing demand for non invasive techniques. Thus, all the above mentioned factors collectively drive the growth of powered surgical instruments market during the forecast period from 2014 – 2020.

Some of the key players operating in the powered surgical instruments market include Alcon Laboratories Inc., Conmed Corporation, Carefusion Corporation, Ethicon Inc., KLS martin group, MicroAire, Medtronic Inc., Smith & Nephew PLC, Stryker Corporation, and Zimmer Holdings Inc.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.  This report provides comprehensive analysis of

- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Reasons for Buying this Report

- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
- It provides distinctive graphics and exemplified SWOT analysis of major market segments

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