
Global Orthopedic Power Tools Market Size & Share to 2027
Description
Global Orthopedic Power Tools Market Size & Share to 2027
Global Orthopedic Power Tools Market Size, Trends & Growth Opportunity, By Product Type (Small Bone Orthopedic Power Tools, Large Bone Orthopedic Power Tools, High Speed Orthopedic Power Tools, and Orthopedic Reamers), By Technology (Electric Powered Systems, Battery Operated Powered Systems, and Pneumatic Powdered System), By End user, By Region and Forecast till 2027
Global Orthopedic Power Tools Market
Orthopedics is defined as the treatment of conditions involving the musculoskeletal systems that includes spine diseases, infections, injuries, geriatric disorders, and musculoskeletal trauma. Various procedures are performed by using electrical devices or equipments which are known as orthopedic power tools. They are light in weight, user friendly and easy-to-assemble as compared to conventional heavy tools.
Market Drivers
The rise in prevalence of orthopedic disorders among population is considered as key driving factor which is expected to propel the global orthopedic power tools market growth. The increase in incidences of osteoarthritis across the globe is the major driving factor fuelling the market growth. For instance, as per the WHO, 2019 Osteoarthritis is one out of ten disabling diseases in the developed regions. It is estimated that there are 18.0% women and 9.6 % men over 60 year of age suffering from osteoarthritis across the globe. Furthermore, increase in adoption of collaborations, and acquisitions by key players will positively influence the market growth. Many key players are engaged in inorganic activities like collaboration and acquisition which is expected to enhance their product portfolio in the market. For instance, in 2019, Medtronic had acquired the complete product portfolio of Titan Spine. Under this acquisition Medtronic Plc has planning to combine nanoLock surface technology of Titan spine with their technologies. In addition to that, increase in geriatric population expected to drive the market growth in near future.
Market Restraints
The high price of the orthopedic power tools is major restraining factor which is expected to hamper the global orthopedic power tools market growth during this forecast period. Also, reimbursement policies and excise tax on medical devices is another challenging factor for market which is expected to hinder the market growth.
Market Segmentation
Global Orthopedic Power Tools Market is segmented into product type such as Small Bone Orthopedic Power Tools, Large Bone Orthopedic Power Tools, High Speed Orthopedic Power Tools, and Orthopedic Reamers, by technology such as Electric Powered Systems, Battery Operated Powered Systems, and Pneumatic Powdered System. Further, market is segmented into end user such as Orthopedic Hospitals, Orthopedic Clinics, and Ambulatory Surgical Centers.
Also, Market is segmented five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are listed in this report such as B. Braun Melsungen AG, De Soutter Medical Ltd, AYGUN CO.,INC, DePuy Synthes Companies, Medtronic Plc, Stryker Corporation, Zimmer Biomet, ERMIS MedTech GmbH, Exactech, Inc., Medical Bees GmbH,and Nouvag AG
Market Taxonomy
By Product Type
Global Orthopedic Power Tools Market Size, Trends & Growth Opportunity, By Product Type (Small Bone Orthopedic Power Tools, Large Bone Orthopedic Power Tools, High Speed Orthopedic Power Tools, and Orthopedic Reamers), By Technology (Electric Powered Systems, Battery Operated Powered Systems, and Pneumatic Powdered System), By End user, By Region and Forecast till 2027
Global Orthopedic Power Tools Market
Orthopedics is defined as the treatment of conditions involving the musculoskeletal systems that includes spine diseases, infections, injuries, geriatric disorders, and musculoskeletal trauma. Various procedures are performed by using electrical devices or equipments which are known as orthopedic power tools. They are light in weight, user friendly and easy-to-assemble as compared to conventional heavy tools.
Market Drivers
The rise in prevalence of orthopedic disorders among population is considered as key driving factor which is expected to propel the global orthopedic power tools market growth. The increase in incidences of osteoarthritis across the globe is the major driving factor fuelling the market growth. For instance, as per the WHO, 2019 Osteoarthritis is one out of ten disabling diseases in the developed regions. It is estimated that there are 18.0% women and 9.6 % men over 60 year of age suffering from osteoarthritis across the globe. Furthermore, increase in adoption of collaborations, and acquisitions by key players will positively influence the market growth. Many key players are engaged in inorganic activities like collaboration and acquisition which is expected to enhance their product portfolio in the market. For instance, in 2019, Medtronic had acquired the complete product portfolio of Titan Spine. Under this acquisition Medtronic Plc has planning to combine nanoLock surface technology of Titan spine with their technologies. In addition to that, increase in geriatric population expected to drive the market growth in near future.
Market Restraints
The high price of the orthopedic power tools is major restraining factor which is expected to hamper the global orthopedic power tools market growth during this forecast period. Also, reimbursement policies and excise tax on medical devices is another challenging factor for market which is expected to hinder the market growth.
Market Segmentation
Global Orthopedic Power Tools Market is segmented into product type such as Small Bone Orthopedic Power Tools, Large Bone Orthopedic Power Tools, High Speed Orthopedic Power Tools, and Orthopedic Reamers, by technology such as Electric Powered Systems, Battery Operated Powered Systems, and Pneumatic Powdered System. Further, market is segmented into end user such as Orthopedic Hospitals, Orthopedic Clinics, and Ambulatory Surgical Centers.
Also, Market is segmented five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are listed in this report such as B. Braun Melsungen AG, De Soutter Medical Ltd, AYGUN CO.,INC, DePuy Synthes Companies, Medtronic Plc, Stryker Corporation, Zimmer Biomet, ERMIS MedTech GmbH, Exactech, Inc., Medical Bees GmbH,and Nouvag AG
Market Taxonomy
By Product Type
- Small Bone Orthopedic Power Tools
- Large Bone Orthopedic Power Tools
- High Speed Orthopedic Power Tools
- Orthopedic Reamers
- Electric Powered Systems
- Battery Operated Powered Systems
- Pneumatic Powdered System
- Orthopedic Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- What are the Key Opportunities in Global Orthopedic Power Tools Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
Table of Contents
179 Pages
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market Definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Orthopedic Power Tools Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Orthopedic Power Tools Market, By Product Type
- 5.1 Y-o-Y Growth Comparison, By Product Type
- 5.2 Global Orthopedic Power Tools Market Share Analysis, By Product Type
- 5.3 Global Orthopedic Power Tools Market Size and Forecast, By Product Type
- 5.3.1 Small Bone Orthopedic Power Tools
- 5.3.2 Large Bone Orthopedic Power Tools
- 5.3.3 High Speed Orthopedic Power Tools
- 5.3.4 Orthopedic Reamers
- 6 Global Orthopedic Power Tools Market, By Technology
- 6.1 Y-o-Y Growth Comparison, By Technology
- 6.2 Global Orthopedic Power Tools Market Share Analysis, By Technology
- 6.3 Global Orthopedic Power Tools Market Size and Forecast, By Technology
- 6.3.1 Electric Powered Systems
- 6.3.2 Battery Operated Powered Systems
- 6.3.3 Pneumatic Powdered System
- 7 Global Orthopedic Power Tools Market, By End User
- 7.1 Y-o-Y Growth Comparison, By End User
- 7.2 Global Orthopedic Power Tools Market Share Analysis, By End User
- 7.3 Global Orthopedic Power Tools Market Size and Forecast, By End User
- 7.3.1 Orthopedic Hospitals, , and
- 7.3.2 Orthopedic Clinics
- 7.3.3 Ambulatory Surgical Centers
- 8 Global Orthopedic Power Tools Market, By Region
- 8.1 Global Orthopedic Power Tools Market Share Analysis, By Region
- 8.2 Global Orthopedic Power Tools Market Share Analysis, By Region
- 8.3 Global Orthopedic Power Tools Market Size and Forecast, By Region
- 9 North America Orthopedic Power Tools Market Analysis and Forecast (2020-2027)
- 9.1 Introduction
- 9.2 North America Orthopedic Power Tools Market Share Analysis, By Product Type
- 9.3 North America Orthopedic Power Tools Market Size and Forecast, By Technology
- 9.4 North America Orthopedic Power Tools Market Size and Forecast, By End User
- 9.5 North America Orthopedic Power Tools Market Size and Forecast, By Country
- 9.5.1 U.S.
- 9.5.2 Canada
- 9.5.3 Mexico
- 10 EuropeOrthopedic Power Tools Market Analysis and Forecast (2020-2027)
- 10.1 Introduction
- 10.2 Europe Orthopedic Power Tools Market Share Analysis, By Product Type
- 10.3 Europe Orthopedic Power Tools Market Size and Forecast, By Technology
- 10.4 Europe Orthopedic Power Tools Market Size and Forecast, By End User
- 10.5 Europe Orthopedic Power Tools Market Size and Forecast, By Country
- 10.5.1 Germany
- 10.5.2 France
- 10.5.3 UK
- 10.5.4 Rest of Europe
- 11 Asia Pacific Orthopedic Power Tools Market Analysis and Forecast (2020-2027)
- 11.1 Introduction
- 11.2 Asia Pacific Orthopedic Power Tools Market Share Analysis, By Product Type
- 11.3 Asia Pacific Orthopedic Power Tools Market Size and Forecast, By Technology
- 11.4 Asia Pacific Orthopedic Power Tools Market Size and Forecast, By End User
- 11.5 Asia Pacific Orthopedic Power Tools Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.2 Japan
- 11.5.3 India
- 11.5.4 Rest of Asia Pacific
- 12 Latin America Orthopedic Power Tools Market Analysis and Forecast (2020-2027)
- 12.1 Introduction
- 12.2 Latin America Orthopedic Power Tools Market Share Analysis, By Product Type
- 12.3 Latin America Orthopedic Power Tools Market Size and Forecast, By Technology
- 12.4 Latin America Orthopedic Power Tools Market Size and Forecast, By End User
- 12.5 Latin America Orthopedic Power Tools Market Size and Forecast, Country
- 13 Middle East Orthopedic Power Tools Market Analysis and Forecast (2020-2027)
- 13.1 Introduction
- 13.2 Middle East Orthopedic Power Tools Market Share Analysis, By Product Type
- 13.3 Middle East Orthopedic Power Tools Market Size and Forecast, By Technology
- 13.4 Middle East Orthopedic Power Tools Market Size and Forecast, By End User
- 13.5 Middle East Orthopedic Power Tools Market Size and Forecast, By Country
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15 Company Profiles
- 15.1 B. Braun Melsungen AG
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2. De Soutter Medical Ltd
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3. AYGUN CO.,INC
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 DePuy Synthes Companies
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 Medtronic Plc
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 Stryker Corporation
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Zimmer Biomet
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 ERMIS MedTech GmbH
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 Exactech, Inc
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
- 15.10 Medical Bees GmbH
- 15.10.1 Overview
- 15.10.2 Offerings
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.6 Key Strategies
- 15.11 Nouvag AG
- 15.11.1 Overview
- 15.11.2 Offerings
- 15.11.3 Key Financials
- 15.11.4 Business Segment & Geographic Overview
- 15.11.5 Key Market Developments
- 15.11.6 Key Strategies
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.