Orthopedic Power Tools Market Value Projected to Expand by 2031
The global orthopedic power tools market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The launch of orthopedic clinics propels the demand for the orthopedic power tools market. With increased patient volume and adoption of advanced surgical techniques, there is a growing requirement for power tools in orthopedic procedures. Orthopedic clinics uses advanced surgical techniques and technologies that require orthopedic power tools to enhance precision, efficiency, and patient safety during surgeries. The demand for these tools is increasing due to the growing demand for power tools in orthopedic procedures, the prevalence of orthopedic conditions, and the aging population. Technological advancements in the field also plays a significant role in increasing demand. Thus, the establishment and expansion of orthopedic clinics create a surge in the demand for orthopedic power tools to meet the evolving requirements of orthopedic surgeons and healthcare providers. For instance,
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In March 2022, SRV Hospitals and Lokmanya
Hospital collaborated to launch a new Centre of Excellence in Robotic
Orthopaedics, led by Dr. Narendra Vaidya. The centre is equipped with the CORI
Robotics Surgical System, which offers 100% precision with minimal pain and
rapid recovery. Lokmanya Hospitals was the first hospital in Asia to introduce
Robotic Assisted Joint Replacement Surgery.
·
In September 2021, Shalby Hospitals launched a
dedicated orthopedic center in Udaipur. This is Shalby’s first orthopedic
specialty franchise hospital in India, which offers OPD as well as IPD services
to patients in and around Udaipur. SOCE (Shalby Orthopedics Centre of
Excellence) Udaipur provides a full-service, walk-in orthopedic center for all
orthopedic disorders, accidents and trauma, as well as sports injuries, under
one roof. It provides a wide range of orthopedic services, including joint
replacement surgeries, and is equipped with an operation theatre, ICU, and an
emergency department.
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Market Coverage
•
The market number available for – 2023-2031
•
Base year- 2023
•
Forecast period- 2024-2031
Segment Covered-
·
By Types
·
By Technology
Regions Covered-
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North America
•
Europe
•
Asia-Pacific
•
Rest of the World
Competitive Landscape- include Stryker, Medtronic
Inc., Johnson & Johnson Services, Inc., Zimmer Biomet, and B. Braun., among
others.
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Orthopedic Power Tools Market Report Segment
By Type
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Large Bone Orthopedic Power Tools
·
Small Bone Orthopedic Power Tools
·
High-Speed Orthopedic Power Tools
·
Orthopedic Reamers
By Application
·
Pneumatic-powered Systems
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Electric-powered Systems
·
Battery-powered Systems
Orthopedic Power Tools
Market Report Segment by Region
North America
· United
States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest
of Europe
Asia-Pacific
· India
· China
· Japan
· South
Korea
· Rest
of APAC
Rest of the World
•
Latin America
•
Middle East and Africa
Company Profiles
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Arthrex, Inc.
·
Becton, Dickinson and Co (BD)
·
Brasseler USA
·
B. Braun of America Inc.
·
CONMED Corp
·
In2Bones Global, Inc.
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Integra LifeSciences Corp.
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Medartis AG
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MicroAire Surgical Instruments, LLC
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Mizuho OSI
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NuVasive, Inc.
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Orthofix Medical Inc.
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OsteoMed
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Smith & Nephew plc
·
Xiros Ltd.
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