Power tools are designed to perform a variety of functions in the operating room. These tools can mix surgical cement components, or they can drive a wire into a patient’s bone or flesh. These tools also have interchangeable heads, which makes them convenient to use. Apart from offering high-quality performance, power surgical tools also come with various features that make them a good choice for various applications. The most important feature is the double trigger, which allows the surgeon to change direction easily.
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Growing prevalence of orthopedic disorders such as osteoarthritis and osteoporosis is expected to propel the global heavy power surgical tools market over the forecast period. According to the Centers for Disease Control and Prevention (CDC), osteoarthritis affects around 32.5 million adults in the U.S. each year. According to the same source, around 78 million people are going to have some form of arthritis by 2040. Furthermore, according to the International Osteoporosis Foundation (IOF), 1 in 3 women aged 50 years and above and 1 in 5 men are expected to experience osteoporotic fractures in their lifetime. As a result of this, the demand for heavy power surgical tools has increased significantly.
High cost of devices and lack of adequate reimbursement policies is expected to restrain growth of the global heavy power surgical tools market during the forecast period.
Impact of COVID-19 pandemic
The outbreak of the COVID-19 pandemic significantly impacted growth of the global heavy power surgical tools market. Many countries adopted strict lockdown policies, in order to curb the spread of the virus. As a result of this, manufacturing activities across various sectors including medical devices were suspended temporarily thereby rendering a slowdown in economic activities. However, relaxation in the COVID-19 restrictions and decreasing cases is expected to support growth of the market.
The global heavy power surgical tools market is expected to expand, registering a CAGR of XY% over the forecast period. This is owing to growing adoption of minimally invasive procedures.
Among regions, North America is expected to witness significant growth in the global heavy power surgical tools market during the forecast period. This is owing to government funding for advanced healthcare facilities and the presence of robust infrastructure in the region.
Key companies involved in the global heavy power surgical tools market are Stryker, Boston Medical, Roche, DePuy Synthes, Medtronic Inc., and Zimmer Biomet, etc.
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Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Heavy Power Surgical Tools Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Heavy Power Surgical Tools Industry Impact
Chapter 2 Global Heavy Power Surgical Tools Competition by Types, Applications, and Top Regions and Countries
2.1 Global Heavy Power Surgical Tools (Volume and Value) by Type
2.3 Global Heavy Power Surgical Tools (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Heavy Power Surgical Tools Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Heavy Power Surgical Tools Market Analysis
Chapter 6 East Asia Heavy Power Surgical Tools Market Analysis
Chapter 7 Europe Heavy Power Surgical Tools Market Analysis
Chapter 8 South Asia Heavy Power Surgical Tools Market Analysis
Chapter 9 Southeast Asia Heavy Power Surgical Tools Market Analysis
Chapter 10 Middle East Heavy Power Surgical Tools Market Analysis
Chapter 11 Africa Heavy Power Surgical Tools Market Analysis
Chapter 12 Oceania Heavy Power Surgical Tools Market Analysis
Chapter 13 South America Heavy Power Surgical Tools Market Analysis
Chapter 14 Company Profiles and Key Figures in Heavy Power Surgical Tools Business
Chapter 15 Global Heavy Power Surgical Tools Market Forecast (2021-2027)
Chapter 16 Conclusions
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