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Surgical Drill Market, Global Forecast 2023-2027, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis

Publisher Renub Research
Published Jan 01, 2023
Length 135 Pages
SKU # RNBR17626716

Description

Surgical Drill Market, Global Forecast 2023-2027, Industry Trends, Growth, Impact of Inflation, Opportunity Company Analysis

Global Surgical Drill Market will reach US$ 872.9 Million at a CAGR of 5.26% by 2027, according to Renub Research. A surgical drill is a tool used to bore holes inborn to attach surgical pins, plates, and screws or remove skull base bones and reshape teeth in preparation for a fall. It is usually built from carbon steel, stainless steel, aluminum, or titanium. It is available in different dimensions in anything from dental to neurological surgeries, which can be used multiple times after sterilization. Surgical drills are used to boost the skull flap, to make holes in the bone so that bone plates can be stable with screws, and eliminate the skull base bones.

Worldwide Surgical Drill Market was US$ 675.7 Million in 2022

The drill device can be manual or electric. According to NHTSA, an estimated 42,915 people died in motor vehicle traffic crashes in 2021 from the 38,824 fatalities in 2020. Such as the increase in the occurrence of road accidents, rise in healthcare expenditures, technological progression, demand for dental plates, rises in prevalence from the dental industry, and a hike in the number of surgical operations is expected to reach the growth of the surgical drill market.

In the year 2022, according to World Health Organization (WHO), globally, it is estimated that 2 billion people suffer from caries of permanent teeth and 514 million children suffer from caries of primary teeth. However, this industry has few restraining factors such as insufficient quality control, high cost of surgery, variable raw material supply, and lack of advanced surgical instrument facilities.

Accessories will Capture Highest Market Share in the Forecast Period

Based on product type, the global surgical drill market is classified into pneumatic, electric, battery-powered, and accessories. The accessories hold the largest market share during the forecast period due to the development of surgical drills. In addition, the increasing popularity of dental disorders worldwide is a major factor driving the growth of the market.

Orthopedic Surgery will drive the Surgical Drill Industry the in Upcoming Years

By application, the application market has been divided into orthopedic Surgery, dental Surgery, ENT surgery, Neurology surgery, and others. Orthopedic Surgery dominates the largest market revenue in the accounting period due to increasing old age populations, and relevance-borne diseases have driven the growth of this segment.

Hospital Segment will lead the End-user Market

Based on the End User, The Global Surgical drill market is bifurcated into hospitals, ambulatory care, and others. The hospitals hold the maximum market revenue due to high-quality infrastructure facilities, advanced technology enhancement, better healthcare services, and an increasing number of operating methods, which are significant factors that boost this segment.

North America will lead the Global Surgical Drills Industry

In terms of region Global Surgical drill market has been segmented into five categories: North America, Europe, Asia Pacific, Latin America, and Middle East &Africa. North America's has largest market share due to improvements in the healthcare industry, R&D investment in the healthcare sector, expanding technology enhancements, changing lifestyle, and rising number of surgical procedures drive the demand for surgical drill market.

Key Market Players

Key players in the Global Surgical Drill market include Medtronic, Smith & Nephew Plc., Johnson & Johnson, B. BarunMelsungen, Stryker, Zimmer Biomet, Conmend Corporation, and Altra Industrial Motion Corp.

In 2022, Zimmer Biomet Holding announced a first-of-its-kind agreement with HSS for an innovation center for Artificial Intelligence in Robotic Joint Replacement. Through collaboration, ZB and HSS aim to develop new decision-helping instruments, etc.
In Dec 2022, Medtronic declared that the U.S. Food and Drug Administration (FDA) had dismissed the use of navigated interbrain high-speed drills with the Robotic Guidance system.

Renub Research new report titled ""Global Surgical Drill Market by Product Types (Pneumatic drills, Electric drills, Battery powered and Accessories), Application (Orthopedic surgery, Dental surgery, ENT surgery, Neurology surgery and others.) End User (Hospitals, Ambulatory care and Others) Regions (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) Company (Medtronic, Smith & Nephew plc., Johnson & Johnson, B. BaruMelsungen, Stryker, Zimmer Biomet, Conmend Corporation, and AltraIndustrial Motion Corp)” provides a complete analysis of Surgical Drill Industry Worldwide.

Product – Surgical drill Market breakup from 4 viewpoints

1. Pneumatic drill
2. Electric drill
3. Battery powered
4. Accessories

Application – Surgical drill Market breakup from 5 viewpoints

1. Orthopedic surgery
2. Dental surgery
3. ENT surgery
4. Neurology surgery
5. Others

End User – Surgical drill Market breakup from 3 viewpoints

1. Hospital
2. Ambulatory Care
3. Others

Region – Surgical drill Market breakup from 5 viewpoints

1. North America
2. Europe
3. Asia-Pacific
4. Latin America
5. Middle East & Africa

Key Players:– All key players have been covered from 3 points such as

• Overview
• Recent Developments
• Financial Insights

Company Analysis

1. Medtronic
2. Smith &Nephew plc
3. Johnson & Johnson
4. B. BaruMelsungen
5. Stryker
6. Zimmer Biomet
7. Conmed Corporation
8. Altra Industrial Motion corp.

Table of Contents

135 Pages
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Surgical Drill Market
6. Market Share – Surgical Drill Analysis
6.1 By Product Type
6.2 By Application
6.3 By End User
6.4 By Region
7. Product Type – Surgical Drill Market
7.1 Pneumatic Drills
7.2 Electric Drills
7.3 Battery Powered Drills
7.4 Accessories
8. Application – Surgical Drill Market
8.1 Orthopedic Surgery
8.2 Dental Surgery
8.3 ENT (Ear, Nose, and Throat) Surgery
8.4 Neurology Surgery
8.5 Others
9. End User – Surgical Drill Market
9.1 Hospitals
9.2 Ambulatory Care Centres
9.3 Others
10. Region – Surgical Drill Market
10.1 North America
10.2 Europe
10.3 Asia Pacific
10.4 Latin America
10.5 Middle East and America
11. Key Players – Surgical Drill Market
11.1 Medtronic
11.1.1 Overview
11.1.2 Recent Development
11.1.3 Revenue
11.2 Smith & Nephew plc
11.2.1 Overview
11.2.2 Recent Development
11.2.3 Revenue
11.3 Johnson & Johnson
11.3.1 Overview
11.3.2 Recent Development
11.3.3 Revenue
11.4 B. Braun Melsungen
11.4.1 Overview
11.4.2 Recent Development
11.4.3 Revenue
11.5 Stryker
11.5.1 Overview
11.5.2 Recent Development
11.5.3 Revenue
11.6 Zimmer Biomet
11.6.1 Overview
11.6.2 Recent Development
11.6.3 Revenue
11.7 Conmed Corporation
11.7.1 Overview
11.7.2 Recent Development
11.7.3 Revenue
11.8 Altra Industrial Motion Corp.
11.8.1 Overview
11.8.2 Recent Development
11.8.3 Revenue
List of Figures:
Figure-01: Global – Surgical Drill Market (Million US$), 2017 – 2022
Figure-02: Global – Forecast for Surgical Drill Market (Million US$), 2023 – 2027
Figure-03: Product Type – Pneumatic Drills Market (Million US$), 2017 – 2022
Figure-04: Product Type – Forecast for Pneumatic Drills Market (Million US$), 2023 – 2027
Figure-05: Product Type – Electric Drills Market (Million US$), 2017 – 2022
Figure-06: Product Type – Forecast for Electric Drills Market (Million US$), 2023 – 2027
Figure-07: Product Type – Battery Powered Drills Market (Million US$), 2017 – 2022
Figure-08: Product Type – Forecast for Battery Powered Drills Market (Million US$), 2023 – 2027
Figure-09: Product Type – Accessories Market (Million US$), 2017 – 2022
Figure-10: Product Type – Forecast for Accessories Market (Million US$), 2023 – 2027
Figure-11: Application – Orthopedic Surgery Market (Million US$), 2017 – 2022
Figure-12: Application – Forecast for Orthopedic Surgery Market (Million US$), 2023 – 2027
Figure-13: Application – Dental Surgery Market (Million US$), 2017 – 2022
Figure-14: Application – Forecast for Dental Surgery Market (Million US$), 2023 – 2027
Figure-15: Application – ENT (Ear, Nose, and Throat) Surgery Market (Million US$), 2017 – 2022
Figure-16: Application – Forecast for ENT (Ear, Nose, and Throat) Surgery Market (Million US$), 2023 – 2027
Figure-17: Application – Neurology Surgery Market (Million US$), 2017 – 2022
Figure-18: Application – Forecast for Neurology Surgery Market (Million US$), 2023 – 2027
Figure-19: Application – Others Market (Million US$), 2017 – 2022
Figure-20: Application – Forecast for Others Market (Million US$), 2023 – 2027
Figure-21: End User – Hospitals Market (Million US$), 2017 – 2022
Figure-22: End User – Forecast for Hospitals Market (Million US$), 2023 – 2027
Figure-23: End User – Ambulatory Care Centres Market (Million US$), 2017 – 2022
Figure-24: End User – Forecast for Ambulatory Care Centres Market (Million US$), 2023 – 2027
Figure-25: End User – Others Market (Million US$), 2017 – 2022
Figure-26: End User – Forecast for Others Market (Million US$), 2023 – 2027
Figure-27: North America – Surgical Drill Market (Million US$), 2017 – 2022
Figure-28: North America – Forecast for Surgical Drill Market (Million US$), 2023 – 2027
Figure-29: Europe – Surgical Drill Market (Million US$), 2017 – 2022
Figure-30: Europe – Forecast for Surgical Drill Market (Million US$), 2023 – 2027
Figure-31: Asia Pacific – Surgical Drill Market (Million US$), 2017 – 2022
Figure-32: Asia Pacific – Forecast for Surgical Drill Market (Million US$), 2023 – 2027
Figure-33: Latin America – Surgical Drill Market (Million US$), 2017 – 2022
Figure-34: Latin America – Forecast for Surgical Drill Market (Million US$), 2023 – 2027
Figure-35: Middle East and America – Surgical Drill Market (Million US$), 2017 – 2022
Figure-36: Middle East and America – Forecast for Surgical Drill Market (Million US$), 2023 – 2027
Figure-37: Medtronic – Global Revenue (Billion US$), 2017 – 2040
Figure-38: Medtronic – Forecast for Global Revenue (Billion US$), 2023 – 2045
Figure-39: Smith & Nephew plc – Global Revenue (Billion US$), 2017 – 2041
Figure-40: Smith & Nephew plc – Forecast for Global Revenue (Billion US$), 2023 – 2046
Figure-41: Johnson & Johnson – Global Revenue (Billion US$), 2017 – 2042
Figure-42: Johnson & Johnson – Forecast for Global Revenue (Billion US$), 2023 – 2047
Figure-43: B. Braun Melsungen – Global Revenue (Billion US$), 2017 – 2043
Figure-44: B. Braun Melsungen – Forecast for Global Revenue (Billion US$), 2023 – 2048
Figure-45: Stryker – Global Revenue (Billion US$), 2017 – 2044
Figure-46: Stryker – Forecast for Global Revenue (Billion US$), 2023 – 2049
Figure-47: Zimmer Biomet – Global Revenue (Billion US$), 2017 – 2045
Figure-48: Zimmer Biomet – Forecast for Global Revenue (Billion US$), 2023 – 2050
Figure-49: Conmed Corporation – Global Revenue (Million US$), 2017 – 2022
Figure-50: Conmed Corporation – Forecast for Global Revenue (Million US$), 2023 – 2027
Figure-51: Altra Industrial Motion Corp. – Global Revenue (Million US$), 2017 – 2022
Figure-52: Altra Industrial Motion Corp. – Forecast for Global Revenue (Million US$), 2023 – 2027
List of Tables:
Table-01: Global – Surgical Drill Market Share by Product Type (Percent), 2017 – 2022
Table-02: Global – Forecast for Surgical Drill Market Share by Product Type (Percent), 2023 – 2027
Table-03: Global – Surgical Drill Market Share by Application (Percent), 2017 – 2022
Table-04: Global – Forecast for Surgical Drill Market Share by Application (Percent), 2023 – 2027
Table-05: Global – Surgical Drill Market Share by End User (Percent), 2017 – 2022
Table-06: Global – Forecast for Surgical Drill Market Share by End User (Percent), 2023 – 2027
Table-07: Global – Surgical Drill Market Share by Region (Percent), 2017 – 2022
Table-08: Global – Forecast for Surgical Drill Market Share by Region (Percent), 2023 – 2027

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