The North America Surgical Power Tools Market would witness market growth of 3.3% CAGR during the forecast period (2022-2028).
The surgical power tools market is predicted to develop as more procedures, including orthopedic surgery, cardiothoracic surgery, brain and spine surgery, and others, are performed. To carry out sophisticated and delicate duties, surgical power tools are utilized in various orthopedic, plastic, neurological, and reconstructive procedures. They cut, shape, and remove soft tissues, bone, and cartilage. Additionally, they are employed for delicate activities, including drilling and reaming, as well as inserting screws or plates into bone.
Moreover, cardiac surgeries like coronary artery bypass graft (CABG) heart surgery frequently involve surgical power tools. The tools are utilized to cut open the heart's arteries, veins, and chest cavity. Afterward, delicate activities like suturing and stapling are carried out using the equipment. They can also attach grafts to the vessels and clean and shape them. As a result, the market's expansion is ascribed to an increase in CABG procedures.
North America's aging population and product approvals will result in high demand for surgical treatments. Elderly patients typically experience spinal compaction fractures. The American Society of Neurological Surgeons reports that older women are more likely than older men to suffer from spinal compression fractures. The sector has profited from the government's reimbursement policies in the North American region. Rising purchasing power, an expanding medical tourism business, and a growing public awareness of medical procedures in the various countries of the North American region are all contributing factors to the fast-expanding healthcare infrastructure. This supports the growth of the regional market.
The US market dominated the North America Surgical Power Tools Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $705.2 million by 2028. The Canada market is poised to grow at a CAGR of 5.7% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 4.8% during (2022 - 2028).
Based on Technology, the market is segmented into Electric Operated, Battery Operated, and Pneumatic Operated. Based on Application, the market is segmented into Orthopedic Surgery, Cardiothoracic Surgery, Spine & Neuro Surgery, and Others. Based on End User, the market is segmented into Hospitals, Clinics, Ambulatory Surgical Centers, and Others. Based on Product, the market is segmented into Surgical Drill, Surgical Saw, Accessories, Power Source, and Reamer. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Surgical Power Tools Market is Predict to reach $2.8 Billion by 2028, at a CAGR of 4.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Arthrex, Inc., B. Braun Melsungen AG (Aesculap, Inc.), ConMed Corporation, Johnson & Johnson, Medtronic PLC, Stryker Corporation, Zimmer Biomet Holdings, Inc., Nouvag AG, American Precision Industries, Inc. (Altra Industrial Motion Corp.), and GPC Medical Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Technology
- Electric Operated
- Battery Operated
- Pneumatic Operated
By Application
- Orthopedic Surgery
- Cardiothoracic Surgery
- Spine & Neuro Surgery
- Others
By End User
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
By Product
- Surgical Drill
- Surgical Saw
- Accessories
- Power Source
- Reamer
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Arthrex, Inc.
- B. Braun Melsungen AG (Aesculap, Inc.)
- ConMed Corporation
- Johnson & Johnson
- Medtronic PLC
- Stryker Corporation
- Zimmer Biomet Holdings, Inc.
- Nouvag AG
- American Precision Industries, Inc. (Altra Industrial Motion Corp.)
- GPC Medical Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Surgical Power Tools Market, by Technology
1.4.2 North America Surgical Power Tools Market, by Application
1.4.3 North America Surgical Power Tools Market, by End User
1.4.4 North America Surgical Power Tools Market, by Product
1.4.5 North America Surgical Power Tools Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Approvals and Trials
3.2.5 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. North America Surgical Power Tools Market by Technology
4.1 North America Electric Operated Market by Country
4.2 North America Battery Operated Market by Country
4.3 North America Pneumatic Operated Market by Country
Chapter 5. North America Surgical Power Tools Market by Application
5.1 North America Orthopedic Surgery Market by Country
5.2 North America Cardiothoracic Surgery Market by Country
5.3 North America Spine & Neuro Surgery Market by Country
5.4 North America Others Market by Country
Chapter 6. North America Surgical Power Tools Market by End User
6.1 North America Hospitals Market by Country
6.2 North America Clinics Market by Country
6.3 North America Ambulatory Surgical Centers Market by Country
6.4 North America Others Market by Country
Chapter 7. North America Surgical Power Tools Market by Product
7.1 North America Surgical Drill Market by Country
7.2 North America Surgical Saw Market by Country
7.3 North America Accessories Market by Country
7.4 North America Power Source Market by Country
7.5 North America Reamer Market by Country
Chapter 8. North America Surgical Power Tools Market by Country
8.1 US Surgical Power Tools Market
8.1.1 US Surgical Power Tools Market by Technology
8.1.2 US Surgical Power Tools Market by Application
8.1.3 US Surgical Power Tools Market by End User
8.1.4 US Surgical Power Tools Market by Product
8.2 Canada Surgical Power Tools Market
8.2.1 Canada Surgical Power Tools Market by Technology
8.2.2 Canada Surgical Power Tools Market by Application
8.2.3 Canada Surgical Power Tools Market by End User
8.2.4 Canada Surgical Power Tools Market by Product
8.3 Mexico Surgical Power Tools Market
8.3.1 Mexico Surgical Power Tools Market by Technology
8.3.2 Mexico Surgical Power Tools Market by Application
8.3.3 Mexico Surgical Power Tools Market by End User
8.3.4 Mexico Surgical Power Tools Market by Product
8.4 Rest of North America Surgical Power Tools Market
8.4.1 Rest of North America Surgical Power Tools Market by Technology
8.4.2 Rest of North America Surgical Power Tools Market by Application
8.4.3 Rest of North America Surgical Power Tools Market by End User
8.4.4 Rest of North America Surgical Power Tools Market by Product
Chapter 9. Company Profiles
9.1 Medtronic PLC
9.1.1 Company overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 B. Braun Melsungen AG (Aesculap, Inc.)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Geographical Expansions:
9.3 ConMed Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Product Category and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisition and Mergers:
9.4 Stryker Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.5.2 Geographical Expansions:
9.5 Zimmer Biomet Holdings, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Acquisition and Mergers:
9.6 Johnson & Johnson
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental &Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.6.5.2 Acquisition and Mergers:
9.7 American Precision Industries, Inc. (Altra Industrial Motion Corp.)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.8 Arthrex, Inc.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.2.2 Approvals and Trials:
9.8.2.3 Geographical Expansions:
9.9 GPC Medical Ltd.
9.9.1 Company Overview
9.10. Nouvag AG
9.10.1 Company Overview
TABLE 1 North America Surgical Power Tools Market, 2018 - 2021, USD Million
TABLE 2 North America Surgical Power Tools Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Surgical Power Tools Market
TABLE 4 Product Launches And Product Expansions– Surgical Power Tools Market
TABLE 5 Acquisition and Mergers– Surgical Power Tools Market
TABLE 6 approvals and trials – Surgical Power Tools Market
TABLE 7 geographical expansions – Surgical Power Tools Market
TABLE 8 North America Surgical Power Tools Market by Technology, 2018 - 2021, USD Million
TABLE 9 North America Surgical Power Tools Market by Technology, 2022 - 2028, USD Million
TABLE 10 North America Electric Operated Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Electric Operated Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Battery Operated Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Battery Operated Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Pneumatic Operated Market by Country, 2018 - 2021, USD Million
TABLE 15 North America Pneumatic Operated Market by Country, 2022 - 2028, USD Million
TABLE 16 North America Surgical Power Tools Market by Application, 2018 - 2021, USD Million
TABLE 17 North America Surgical Power Tools Market by Application, 2022 - 2028, USD Million
TABLE 18 North America Orthopedic Surgery Market by Country, 2018 - 2021, USD Million
TABLE 19 North America Orthopedic Surgery Market by Country, 2022 - 2028, USD Million
TABLE 20 North America Cardiothoracic Surgery Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Cardiothoracic Surgery Market by Country, 2022 - 2028, USD Million
TABLE 22 North America Spine & Neuro Surgery Market by Country, 2018 - 2021, USD Million
TABLE 23 North America Spine & Neuro Surgery Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Surgical Power Tools Market by End User, 2018 - 2021, USD Million
TABLE 27 North America Surgical Power Tools Market by End User, 2022 - 2028, USD Million
TABLE 28 North America Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 29 North America Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Clinics Market by Country, 2018 - 2021, USD Million
TABLE 31 North America Clinics Market by Country, 2022 - 2028, USD Million
TABLE 32 North America Ambulatory Surgical Centers Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Ambulatory Surgical Centers Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Surgical Power Tools Market by Product, 2018 - 2021, USD Million
TABLE 37 North America Surgical Power Tools Market by Product, 2022 - 2028, USD Million
TABLE 38 North America Surgical Drill Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Surgical Drill Market by Country, 2022 - 2028, USD Million
TABLE 40 North America Surgical Saw Market by Country, 2018 - 2021, USD Million
TABLE 41 North America Surgical Saw Market by Country, 2022 - 2028, USD Million
TABLE 42 North America Accessories Market by Country, 2018 - 2021, USD Million
TABLE 43 North America Accessories Market by Country, 2022 - 2028, USD Million
TABLE 44 North America Power Source Market by Country, 2018 - 2021, USD Million
TABLE 45 North America Power Source Market by Country, 2022 - 2028, USD Million
TABLE 46 North America Reamer Market by Country, 2018 - 2021, USD Million
TABLE 47 North America Reamer Market by Country, 2022 - 2028, USD Million
TABLE 48 North America Surgical Power Tools Market by Country, 2018 - 2021, USD Million
TABLE 49 North America Surgical Power Tools Market by Country, 2022 - 2028, USD Million
TABLE 50 US Surgical Power Tools Market, 2018 - 2021, USD Million
TABLE 51 US Surgical Power Tools Market, 2022 - 2028, USD Million
TABLE 52 US Surgical Power Tools Market by Technology, 2018 - 2021, USD Million
TABLE 53 US Surgical Power Tools Market by Technology, 2022 - 2028, USD Million
TABLE 54 US Surgical Power Tools Market by Application, 2018 - 2021, USD Million
TABLE 55 US Surgical Power Tools Market by Application, 2022 - 2028, USD Million
TABLE 56 US Surgical Power Tools Market by End User, 2018 - 2021, USD Million
TABLE 57 US Surgical Power Tools Market by End User, 2022 - 2028, USD Million
TABLE 58 US Surgical Power Tools Market by Product, 2018 - 2021, USD Million
TABLE 59 US Surgical Power Tools Market by Product, 2022 - 2028, USD Million
TABLE 60 Canada Surgical Power Tools Market, 2018 - 2021, USD Million
TABLE 61 Canada Surgical Power Tools Market, 2022 - 2028, USD Million
TABLE 62 Canada Surgical Power Tools Market by Technology, 2018 - 2021, USD Million
TABLE 63 Canada Surgical Power Tools Market by Technology, 2022 - 2028, USD Million
TABLE 64 Canada Surgical Power Tools Market by Application, 2018 - 2021, USD Million
TABLE 65 Canada Surgical Power Tools Market by Application, 2022 - 2028, USD Million
TABLE 66 Canada Surgical Power Tools Market by End User, 2018 - 2021, USD Million
TABLE 67 Canada Surgical Power Tools Market by End User, 2022 - 2028, USD Million
TABLE 68 Canada Surgical Power Tools Market by Product, 2018 - 2021, USD Million
TABLE 69 Canada Surgical Power Tools Market by Product, 2022 - 2028, USD Million
TABLE 70 Mexico Surgical Power Tools Market, 2018 - 2021, USD Million
TABLE 71 Mexico Surgical Power Tools Market, 2022 - 2028, USD Million
TABLE 72 Mexico Surgical Power Tools Market by Technology, 2018 - 2021, USD Million
TABLE 73 Mexico Surgical Power Tools Market by Technology, 2022 - 2028, USD Million
TABLE 74 Mexico Surgical Power Tools Market by Application, 2018 - 2021, USD Million
TABLE 75 Mexico Surgical Power Tools Market by Application, 2022 - 2028, USD Million
TABLE 76 Mexico Surgical Power Tools Market by End User, 2018 - 2021, USD Million
TABLE 77 Mexico Surgical Power Tools Market by End User, 2022 - 2028, USD Million
TABLE 78 Mexico Surgical Power Tools Market by Product, 2018 - 2021, USD Million
TABLE 79 Mexico Surgical Power Tools Market by Product, 2022 - 2028, USD Million
TABLE 80 Rest of North America Surgical Power Tools Market, 2018 - 2021, USD Million
TABLE 81 Rest of North America Surgical Power Tools Market, 2022 - 2028, USD Million
TABLE 82 Rest of North America Surgical Power Tools Market by Technology, 2018 - 2021, USD Million
TABLE 83 Rest of North America Surgical Power Tools Market by Technology, 2022 - 2028, USD Million
TABLE 84 Rest of North America Surgical Power Tools Market by Application, 2018 - 2021, USD Million
TABLE 85 Rest of North America Surgical Power Tools Market by Application, 2022 - 2028, USD Million
TABLE 86 Rest of North America Surgical Power Tools Market by End User, 2018 - 2021, USD Million
TABLE 87 Rest of North America Surgical Power Tools Market by End User, 2022 - 2028, USD Million
TABLE 88 Rest of North America Surgical Power Tools Market by Product, 2018 - 2021, USD Million
TABLE 89 Rest of North America Surgical Power Tools Market by Product, 2022 - 2028, USD Million
TABLE 90 Key Information – Medtronic PLC
TABLE 91 key Information – B. Braun Melsungen AG
TABLE 92 key Information – ConMed Corporation
TABLE 93 key Information – Stryker Corporation
TABLE 94 key Information – Zimmer Biomet Holdings, Inc.
TABLE 95 Key information –Johnson & Johnson
TABLE 96 Key Information – American Precision Industries, Inc.
TABLE 97 Key information – Arthrex, Inc.
TABLE 98 Key Information – GPC Medical Ltd.
TABLE 99 Key Information – Nouvag AG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Swot analysis: Medtronic plc
FIG 5 Recent strategies and developments: Arthrex, Inc.