Asia-Pacific Surgical Power Tools Market Global Trends
Asia-Pacific
surgical power tools market is expected to gain market growth in the
forecast period of 2021 to 2028. Data Bridge Market Research analyses that the
market is growing with a CAGR of 5.1% in the forecast period of 2021 to 2028
and is expected to reach USD 456.95 million by 2028 from USD 311.54 million in
2020. Increasing demand for the surgical power tools and there beneficial use
in the surgeries are the major drivers which propelled the demand of the market in
the forecast period.
Surgical Power Tools Market Scope and Market
Size
Surgical power tools market is categorized
into six notable segments which are based on basis of product, technology,
device type, application, end user and distribution channel. The growth among
segments helps you analyse niche pockets of growth and strategies to approach
the market and determine your core application areas and the difference in your
target markets.
- On the basis of product, the
surgical power tools market is segmented into handpiece, disposables and
accessories. In 2021, the handpiece segment is expected to dominate the
market due to its automatic power optimization feature, smooth surgical
delivery, and high compatibility rate with a wide range of accessories and
disposables. Handpieces are used for various surgical procedures ranging
from drilling to reaming, boosting the market growth.
- On the basis of technology,
the surgical power tools market is segmented into electric-operated power
tools, battery-driven power tools, pneumatic power tools, others. In
2021, the electric-operated power tools segment is expected to dominate
the market as this instrument offers constant torque even with high
resistance and higher load. Moreover, enhanced safety precautions
associated with accidental injuries have been lowered by introducing
electrically operated power tools, accelerating market growth.
Electric-powered power tools do not produce any vibratory sensation,
enhancing their demand in the market.
- On the basis of device type,
the surgical power tools market is segmented into large bone power
tools, small bone power tools, medium bone power tools, others. In 2021,
the large bone power tools segment is expected to dominate the market due
to the rise in the prevalence of osteoarthritis, osteoporosis, and hip
fractures, among other large bone injuries. Moreover, the growing number
of knee arthroplasty, among others, is providing the market with lucrative
growth.
- On the basis of application,
the surgical power tools market is segmented into orthopedic surgery, ENT
surgery, neurology surgery, dental surgery, cardiothoracic surgery,
others. In 2021, the orthopedic surgery segment is expected to dominate
the market due to the rise in a number of sorts and road accidents and the
high adoption of minimally-invasive surgical procedures.
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Surgical Power Tools Market Country
Level Analysis
The surgical power tools market is analysed
and market size information is provided on basis of ten notable segments which
are by power tools market is categorized into six notable segments which are
based on basis of product, technology, device type, application, end user and
distribution channel.
The countries covered in the surgical power
tools market report are the Japan, China, Australia, India, South Korea,
Singapore, Indonesia, Thailand, Malaysia, Philippines, Rest of Asia-Pacific.
In Asia-Pacific, Japan is expected to grow
with the fastest CAGR of 5.1% in the forecasted periods due to innovations in
surgical power tools and increasing geriatric population.
Competitive Landscape and Surgical Power
Tools Market Share Analysis
Surgical power tools 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, production sites and
facilities, company strengths and weaknesses, product launch, product trials
pipelines, product approvals, patents, product width and breath, application
dominance, technology lifeline curve. The above data points provided are only
related to the company’s focus related to surgical power tools market.
Major Key Player Surgical Power Tools
Market
The major companies providing
surgical power tools are Medtronic, Stryker, Zimmer Biomet, OrthoPromed, Komet
Medical, Wuhu Ruijin Medical Instrument & Device Co., ltd., Aygun
co., Inc., 3M, De Soutter Medical, AlloTech Co., LTD among others. DBMR
analysts understand competitive strengths and provide competitive analysis for
each competitor separately.
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sample report https://www.databridgemarketresearch.com/toc/?dbmr=asia-pacific-surgical-power-tools-market
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Chapter One: Introduction
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Chapter Two: Market Scope
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Chapter
Three: Regional Analysis
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Chapter
Four: Market Share Analysis
Get toc of report
https://www.databridgemarketresearch.com/toc/?dbmr=asia-pacific-surgical-power-tools-market
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