Orthopedic is the branch of medicine that deals with the prevention or correction of injuries or disorders of the skeletal system and associated muscles, joints, and ligaments. Orthopedic power tools are electrically operated devices, which are used by surgeons to drill holes through the bones to fix implants during orthopedic surgeries. These tools are to facilitate surgeons to perform operations at a faster pace and with more precision.
MARKET DYNAMICS
The orthopedic power tools market is propelling due to the increasing volume of orthopedic procedures, the rise in the aging population. However, hospital consolidation and cost-containment pressures, reimbursement policies, and medical devices excise tax act as a barrier to this market. Moreover, the rising number of accidents across the world has also increased the demand for technological innovations in orthopedic surgeries is boosting the market growth.
MARKET SCOPE
The "Orthopedic Power Tools Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of orthopedic power tools market with detailed market segmentation by type and technology. The orthopedic power tools market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in orthopedic power tools market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The orthopedic power tools market is segmented on the basis of type, and technology. Based on technology, the market is segmented as pneumatic-powered systems, electric-powered systems, and battery-powered systems. On the basis of type, the market is categorized as large bone orthopedic power tools, small bone orthopedic power tools, high-speed orthopedic power tools and orthopedic reamers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the orthopedic power tools market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The orthopedic power tools market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting orthopedic power tools market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the orthopedic power tools market in these regions.
MARKET PLAYERS
The report covers key developments in the orthopedic power tools market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from orthopedic power tools market are anticipated to have lucrative growth opportunities in the future with the rising demand for orthopedic power tools in the global market. Below mentioned is the list of few companies engaged in the orthopedic power tools market.
The report also includes the profiles of key players in orthopedic power tools market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
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- Arthrex
- Aygun Surgical Instruments
- B Braun Melsungen AG
- ConMed Corporation
- De Soutter Medical
- DePuy Synthes
- Medtronic PLC
- Micro Aire
- Stryker Corporation
- Zimmer Biomet
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