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.
Market Coverage
- The market number available for – 2023-2030
- Base year- 2022
- Forecast period- 2023-2030
- Segment Covered-
o By Types
o By Technology
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- include Stryker, Medtronic Inc., Johnson & Johnson Services, Inc., Zimmer Biomet, and B. Braun., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Orthopedic Power Tools Market Report Segment
By Type
- Large Bone Orthopedic Power Tools
- Small Bone Orthopedic Power Tools
- High-Speed Orthopedic Power Tools
- Orthopedic Reamers
By Application
- Pneumatic-powered Systems
- Electric-powered Systems
- Battery-powered Systems
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Orthopedic Power Tools Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Arthrex, Inc.
- Becton, Dickinson and Co (BD)
- Brasseler USA
- Braun of America Inc.
- CONMED Corp
- In2Bones Global, Inc.
- Integra LifeSciences Corp.
- Medartis AG
- MicroAire Surgical Instruments, LLC
- Mizuho OSI
- NuVasive, Inc.
- Orthofix Medical Inc.
- OsteoMed
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