• Popular
    • Medicine
    • Radiology
    • Cardiology
    • Surgery
    • Nanomedicine
    • Military Medicine
    • Rehab
  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS
  • Submit PR
  • Log in
Medgadget
Medgadget
  • Popular
    • Medicine
      Flexible Sensors Detect Heavy Metals in Sweat

      Flexible Sensors Detect Heavy Metals in Sweat

      Nanopore Sensor to Study Protein Aggregation in Neurodegeneration

      Nanopore Sensor to Study Protein Aggregation in Neurodegeneration

      Biobots Use Optogenetic Muscle Actuators for Movement

      Biobots Use Optogenetic Muscle Actuators for Movement

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

    • Radiology
      Ultrasound Tornado Rapidly Disrupts Blood Clots

      Ultrasound Tornado Rapidly Disrupts Blood Clots

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

      Exciting Medtech at the Healthcareᐩ Expo Taiwan

      Fluorescence Imaging System Illuminates Tumor Depth

      Fluorescence Imaging System Illuminates Tumor Depth

      Soft Robot Grows Like a Plant to Travel Through Tight Spaces

      Soft Robot Grows Like a Plant to Travel Through Tight Spaces

    • Cardiology
      Belt Monitors Heart Failure Patients

      Belt Monitors Heart Failure Patients

      Camera Measures Blood Pressure with Quick Look

      Camera Measures Blood Pressure with Quick Look

      Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

      Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

    • Surgery
      Microneedle Bandage for Hemostatic Control

      Microneedle Bandage for Hemostatic Control

      Biobots Use Optogenetic Muscle Actuators for Movement

      Biobots Use Optogenetic Muscle Actuators for Movement

      Implantable Device Adheres to Muscle, Treats Atrophy

      Implantable Device Adheres to Muscle, Treats Atrophy

      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

    • Nanomedicine
      Extra Hot Nanoparticles for Cancer Therapy

      Extra Hot Nanoparticles for Cancer Therapy

      Making Tumors Tastier for the Immune System

      Making Tumors Tastier for the Immune System

      Improved Membrane Coating for Anti-Cancer Nanoparticles

      Improved Membrane Coating for Anti-Cancer Nanoparticles

      Magnetic Bacteria Target Tumors

      Magnetic Bacteria Target Tumors

    • Military Medicine
      Device Measures Hemoglobin More Accurately in Dark Skin

      Device Measures Hemoglobin More Accurately in Dark Skin

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fingertip Sensor Measures Lithium Levels in Sweat

      Fabric Makes Electricity from Movement to Power Wearables

      Fabric Makes Electricity from Movement to Power Wearables

      Wearable Uses Microneedles to Track Metabolism

      Wearable Uses Microneedles to Track Metabolism

    • Rehab
      Smart Walking Stick for Visually Impaired People

      Smart Walking Stick for Visually Impaired People

      Implantable Device Adheres to Muscle, Treats Atrophy

      Implantable Device Adheres to Muscle, Treats Atrophy

      Non-Invasive Spinal Modulation for Cerebral Palsy

      Non-Invasive Spinal Modulation for Cerebral Palsy

      Implanted Magnets for Prosthetic Control

      Implanted Magnets for Prosthetic Control

  • Categories
    • Exclusive
    • A-D
      • Anesthesiology
      • Art
      • Cardiac Surgery
      • Cardiology
      • Critical Care
      • Dentistry
      • Dermatology
      • Diagnostics
    • E-I
      • Emergency Medicine
      • ENT
      • Genetics
      • Geriatrics
      • GI
      • Informatics
    • M-N
      • Medicine
      • Military Medicine
      • Nanomedicine
      • Net News
      • Neurology
      • Neurosurgery
      • Nuclear Medicine
    • O-P
      • Ob/Gyn
      • Oncology
      • Ophthalmology
      • Orthopedic Surgery
      • Pathology
      • Pediatrics
      • Plastic Surgery
      • Psychiatry
      • Public Health
    • R-V
      • Radiation Oncology
      • Radiology
      • Rehab
      • Reproductive Medicine
      • Space Medicine
      • Sports Medicine
      • Surgery
      • Thoracic Surgery
      • Urology
      • Vascular Surgery
  • SUBSCRIBE
  • Submit PR
  • About
  • Log in
  • Submit PR
  • Follow
    • Facebook
    • Twitter
    • Linkedin
    • Youtube
    • Instagram
    • RSS

United States (US) High Speed Surgical Drill Market to Reach $301.4 Million by 2030 | Astute Analytica

September 12th, 2022 Astute Analytica Releases

US high speed surgical drill market was valued at $220.5 million in 2021 and is projected to surpass the value of $301.4 million by 2030 at a CAGR of 3.7% during the projected period, 2022–2030.

According to recent reports, the demand for high-speed surgical drills is on the rise in the United States. The reason for this is that these drills are becoming increasingly popular for performing various surgical procedures, such as coronary bypass surgery and hip replacement implants. For instance, every year, over 450,000 hip replacements are performed in the US.

Get a Free Sample Copy of this Report@ https://www.astuteanalytica.com/request-sample/united-states-high-speed-surgical-drill-market

One of the main benefits of using a high-speed surgical drill is that it allows for more accurate and efficient surgery. This is because the drill can navigate through difficult tissue more easily than slower tools. Additionally, these drills are highly versatile, meaning that they can be used for a variety of different surgical tasks. Another biggest benefit of using a high-speed surgical drill is that it can speed up the process of performing surgery. This means that patients can expect shorter wait times and reduced stress during their medical procedure. In some cases, it can even be used to replace traditional hand surgery altogether.

Given these benefits, it is no surprise that the demand for high-speed surgical drills has been growing steadily over the past few years. As a result, manufacturers have actively started producing these machines in greater numbers. In fact, some experts believe that this trend will continue to grow in the coming years, as hospitals and surgeons increasingly seek to take advantage of their capabilities.

Market Dynamics

Drivers

  • These drills are able to move quickly and accurately, which is important for surgery. They also allow for improved safety because they can be used more easily to remove objects from a patient’s body. Additionally, high-speed surgical drills can help reduce the time it takes to perform surgeries by making them more efficient. Another reason that people are interested in high-speed surgical drills is their price. These tools are not as expensive as some other types of tools, which makes them more accessible to patients. Additionally, high-speed surgical drills are durable, which means they can last for a long time and be used multiple times.
  • As demand for high-speed surgical drills continues to grow, many factors are contributing to this trend. One of the most significant factors is the ever-growing popularity of minimally invasive surgery and shorter surgery and recovery time. Minimally invasive surgery is a more accurate and less invasive way of treating certain diseases and injuries, and as such, there is an ever-growing demand for high-speed surgical drills that can help surgeons perform these operations with accuracy and speed.

Restraints

  • Poor traction: High-speed surgical drills require a lot of traction for proper movement through the patient’s body. However, many hospitals are not equipped to provide the necessary traction. This can be due to lack of floor space or poor flooring.
  • Inability to keep up with demand: Another obstacle to high-speed surgical drills is the increasing demand from hospitals. Many surgeons are reluctant to use these tools because they are not always capable of keeping up with demand. This problem can be exacerbated by the fact that most hospitals do not have enough skilled workers to operate these tools.
  • Surgically drilling through bone is an important diagnostic and surgical procedure, but the high speed, narrow rotary drills now available can be expensive and difficult to control. There are several factors that have made high-speed surgical drilling tricky to implement, including: the cost of the equipment, lengthy training required for operators, and the delicate nature of bone.

Competitive Landscape

The US market for high-speed surgical drills is highly competitive, with a number of manufacturers vying for a share of the market. New technology and products are being introduced constantly, which makes it difficult for one company to maintain a stronghold on the market. Prices vary widely, with some models costing as little as $500 and others reaching into the thousands of dollars. Factors that impact prices include quality, features and manufacturing methods.

Further, while other players in this market are also focusing on increasingly innovative products and services, Medtronic has relied on its well-established brand to remain at the top of its game. The company’s strategy appears to be paying off as it has been able to maintain strong sales and profitability over the past few years. This dominance is likely to continue given Medtronic’s well-established position in the market and its ability to innovate and address customer needs effectively.

Segment Analysis

By Type

By type, US high speed surgical drill market is bifurcated into electric and pneumatic. Wherein, electric high speed surgical drill is holding the largest market share.

The rapidly evolving field of surgical technology is constantly seeking new and innovative ways to improve patient care. One such innovation is the use of electric high-speed surgical drills. These drills are becoming increasingly popular, as they offer many benefits over pneumatic. One notable benefit of electric high-speed surgical drills is that it allows surgeons to make larger incisions and remove larger pieces of tissue with less pain and hesitation. Additionally, these drills are much less intrusive than traditional surgery and cause minimal damage to surrounding tissue. This makes them an ideal option for patients who are especially sensitive to pain or those who have delicate skin.

By Application

By application, orthopedics is holding the highest share of the US high speed surgical drill market. Every year, over 450,000 hip replacement surgeries are performed in the US thanks to rapidly aging population and high prevalence of accidental injuries, among others.

The demand for high-speed surgical drills in orthopedic surgeries is growing in the US. This is due to the increasing prevalence of these surgeries, which are becoming more and more common. These drills are used to remove bone and other materials from patients’ bodies. They are also used to repair injuries and fractures.

Moreover, the prevalence of orthopedic surgeries in the United States is quite high, with over two million procedures performed each year. This number represents a significant percentage of all surgeries performed in the country, and it is likely that this trend will continue as the population continues to age and suffer from musculoskeletal disorders.

Market Segmentation

By Type

  • Pneumatic High-Speed Surgical Drill
  • Electric High-Speed Surgical Drill

By Product:

  • Capital
  • Consumable Sales

 By Application:

  • Dentistry
  • Orthopaedics
  • Neurology
  • Others

To gain more insights into the market with a detailed table of content and figures, click here: https://www.astuteanalytica.com/industry-report/united-states-high-speed-surgical-drill-market

About Astute Analytica 

Astute Analytica is a global analytics and advisory company which has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in depth and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the Globe. They are able to make well calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising of business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of best cost-effective, value-added package from us, should you decide to engage with us.

Contact us:

Aamir Beg
BSI Business Park, H-15,Sector-63, Noida- 201301- India
Phone: +1-888 429 6757 (US Toll Free); +91-0120- 4483891 (Rest of the World)
Email: sales@astuteanalytica.com
Website: www.astuteanalytica.com
Follow US: LinkedIn | Twitter

Sign up and submit a press release

Sponsored
C-mo Medical Solutions extends seed investment round to €4.8 million to transform cough monitoring

C-mo Medical Solutions extends seed investment round to €4.8 million to transform cough monitoring

New Clarius Power Fan HD3 Delivers a First for Handheld Ultrasound: Continuous Scanning

New Clarius Power Fan HD3 Delivers a First for Handheld Ultrasound: Continuous Scanning

Fluidx Unveils New Embolic for Neurovascular Use

Fluidx Unveils New Embolic for Neurovascular Use

Annalise.ai and Nuance Communications (a Microsoft Company) Announce Key Partnership to Improve Patient Outcomes with Workflow-Integrated AI

Annalise.ai and Nuance Communications (a Microsoft Company) Announce Key Partnership to Improve Patient Outcomes with Workflow-Integrated AI

PT Genie Unveils New Brand Identity Reflecting Company’s Transformation and Focus on the Global Future of AI and Machine Learning in Digital Healthcare

interviews & reviews
Balance Boards to Stay Active in the Offfice: Interview with Joel Heath, CEO of FluidStance 

Balance Boards to Stay Active in the Offfice: Interview with Joel Heath, CEO of FluidStance 

Exciting Medtech at the Healthcareᐩ Expo Taiwan

Exciting Medtech at the Healthcareᐩ Expo Taiwan

Medgadget Visits Healthcareᐩ Expo Taiwan

Medgadget Visits Healthcareᐩ Expo Taiwan

Diabetes Management Tech for Type II patients: Interview with Jeffrey Brewer, CEO of Bigfoot Biomedical

Diabetes Management Tech for Type II patients: Interview with Jeffrey Brewer, CEO of Bigfoot Biomedical

Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

Monitoring Congestive Heart Failure Through Speech: Interview with Tamir Tal, CEO of Cordio Medical

In-Office Pediatric Ear Tube Procedures: Interview with Preceptis Medical's Greg Mielke

In-Office Pediatric Ear Tube Procedures: Interview with Preceptis Medical's Greg Mielke

Symani Microsurgical Robotic System: Interview with Mark Toland, CEO of Medical Microinstruments

Symani Microsurgical Robotic System: Interview with Mark Toland, CEO of Medical Microinstruments

  • Subscribe
  • Contact us
  • Submit
  • About
  • Back to top
Medgadget

Medical technologies transform the world! Join us and see the progress in real time. At Medgadget, we report the latest technology news, interview leaders in the field, and file dispatches from medical events around the world since 2004.

  • About
  • Editorial policies
  • Contact
  • Terms of Service
  • Privacy
  • Submit press release
  • Advertise
© Medgadget, Inc. All rights reserved. | The Medical Revolution Will Be Blogged.
Please support this website by adding us to your whitelist in your ad blocker. Ads are what helps us bring you premium content! Thank you!
Posting....
  • Facebook
  • Twitter
  • LinkedIn
  • Reddit
  • Email