The Surgical Power Tools Market is projected to reach $3.25 billion by 2030, at a CAGR of 4.3% during the forecast period 2023–2030. A surgical power tool is an instrument used in bone or bone fragment surgery. These surgical power tools are designed for drilling, sawing, reaming, and screwing. Applications of the surgical power tools can be found primarily in orthopedic surgery, traumatology, neurology, and ENT surgery. These tools are the most important part of modern surgical procedures as they enable surgeons to perform the surgeries with higher accuracy and precision.
Growing prevalence of neurological disorders is Driving the Market Growth
Increasing incidences of neurological disorders are boosting the growth of the global surgical power tools market. According to WHO 2022 report, nervous system disorders are the leading cause of ‘disability-adjusted life year’ (DALY) and the second leading cause of death globally. Rising cases of neurological disorders among the geriatric population resulted in an increased burden of disorders, leading to a rise in neurosurgeries. Surgical power tools are widely used in neurosurgery processes and minimally invasive neurosurgeries. This, in turn, led to the demand for surgical power tools. Furthermore, growing preferences for minimally invasive neurosurgeries in emerging countries due to increased adoption of advanced surgical tools, the presence of qualified healthcare professionals, and increasing investments by major market players support the market growth. Moreover, high precision, improved reliability, and ease of use make surgical power tools the preferred choice for neurological surgeries.
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Technological advancements in surgical power tools to spur the market growth
Major players in the surgical power tools market focus on advancing ergonomics, motors, and batteries. For instance, surgical power tools provided by key market players such as Johnson & Johnson and Medtronic minimized the necessity of other devices in surgical procedures. Further, the availability of 18-volt devices in electric motors makes them more powerful for use in critical surgical operations. Additionally, enhanced reliability and a fine degree of operator control with the introduction of brushless motors embedded with hi-tech sensors support surgical power tools. The increased precision of surgical power tools helps reduce the overall procedure cost and improve the battery life. Thus, technological advancements have spurred the use of surgical power tools in many surgical procedures. Also, increasing investments by major players in developing and launching innovative products drive market growth.
Key Findings in the Global Surgical Power Tools Market Study:
Based on product, in 2023, the handpieces segment is expected to account for the largest share
Growth of the handpieces segment is mainly attributed to the increasing demand for advanced drills and saws tools in orthopedic surgery. Optimal power flow features, seamless surgical delivery, and increased compatibility with a wide range of reusable and disposable accessories make it the preferred choice for surgical professionals. Moreover, handpieces can be used in a wide range of surgical procedures, significantly driving the segment growth.
Based on application, the neurosurgery segment is projected to register the highest CAGR during the forecast period
The growth of the neurosurgery segment is expected to be driven by the increasing adoption of minimally invasive neurosurgeries. Increasing preference for surgical-powered tools in several surgical procedures, including brain surgery, drives segment growth. Moreover, increasing patient preference for minimally invasive neurosurgeries due to shorter incision lengths, less recovery time than traditional surgeries, less trauma and tissue disruption, and reduced hospital stay also contribute to the segment’s growth.
Based on usage, the disposable tools segment is projected to register the highest CAGR during the forecast period
The large market share of disposable surgical power tools is attributed to the increasing cost of surgeries and growing awareness to reduce infection spread. Compared to traditional reusable surgical power tools, there has been a significant shift in the surgical power tools sector toward the use of disposable surgical power tools. Traditional power tools are reused on multiple patients and often reused in hospital settings after each surgery. This increases an individual's risk of infection. Furthermore, the use of traditional power tools negatively impacts workflow efficiency, which drives the segment’s growth.
Based on end user, in 2023, the hospitals segment is expected to account for the largest share
The large market share of this segment is attributed to the increasing preference for hospitals and ambulatory surgical centers to perform critical surgeries. In addition, the availability of qualified staff, advanced surgical tools, and a well-established lab setup significantly contribute to the segment's growth.
North America: largest regional market
The growth of this market is attributed to the increasing number of brain surgeries, bone injuries by accidents, and other neurological disorders. In addition, the availability of skilled neurosurgeons, well-established healthcare infrastructure, and growing awareness about minimally invasive surgeries drives the market growth in the region. Furthermore, increased FDA approvals for newly-launched devices and new product launches by major market players in the region also contribute to the growth of this segment.
Key Players
The report includes a competitive landscape based on an extensive assessment of the key strategic developments that led market participants to adopt over the past three years. The key players profiled in the global surgical power tools market report are Medtronic Plc (Ireland), ConMed Corporation (U.S.), B. Braun Melsungen AG (Germany), Zimmer Biomet Holdings, Inc. (U.S.), Johnson & Johnson (U.S.), Stryker Corporation (U.S.), De Soutter Medical Limited (U.K.), AlloTech Co. Ltd. (South Korea), Smith & Nephew plc (U.K.), and NOUVAG AG (Switzerland).
Scope of the Report:
Surgical Power Tools Market, by Product
Surgical Power Tools Market, by Application
Surgical Power Tools Market, by Usage
Surgical Power Tools Market, by End User
Surgical Power Tools Market, by Geography
Key questions answered in the report:
This study offers a detailed assessment of the surgical power tools market, including the market size & forecast for various segmentations - product, application, usage and end user. The surgical power tools market studied in this report also includes the value analysis of various segments and sub-segments of surgical power tools at regional and country levels.
The global surgical power tools market is projected to reach $3.25 billion by 2030, at a CAGR of 4.3% during the forecast period.
Based on product, in 2023, the handpieces segment is expected to account for the largest share of the market. The large market share of this segment is attributed to the optimal power flow feature, seamless surgical delivery, and increased compatibility with a wide range of reusable and disposable accessories.
Based on application, the neurosurgery segment is projected to register the highest CAGR during the forecast period.
The advancement in surgical power tools and increasing incidences of neurological disorders are boosting the growth of the global surgical power tools market. According to WHO 2022 report, nervous system disorders are the leading cause of ‘disability-adjusted life year’ (DALY) and the second leading cause of death globally. Rising neurological disorders among the geriatric population have also resulted in an increased burden of disorders, leading to a rising number of neurosurgeries.
The key players profiled in the global surgical power tools market are Medtronic Plc (Ireland), ConMed Corporation (U.S.), B. Braun Melsungen AG (Germany), Zimmer Biomet (U.S.), Johnson & Johnson (U.S.), Stryker Corporation (U.S.), De Soutter Medical (U.K.), AlloTech Co. Ltd. (South Korea), Smith & Nephew (U.K), and NOUVAG AG (Switzerland).
Emerging economies such as India and China in Asia-Pacific are projected to offer significant growth opportunities to the market players due to the growing investments in the medical devices industry.
This report provides pre & post COVID-19 market estimates.
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation
2.2.1. Secondary Research
2.2.2. Primary Research
2.3. Market Assessment
2.3.1. Market Size Estimation
2.3.1.1. Bottom-up Approach
2.3.1.2. Top-down Approach
2.3.1.3. Growth Forecast
2.4. Assumptions for the Study
2.5. Limitations for the Study
3. Executive Summary
4. Market Insights
4.1. Market Overview
4.2. Market Dynamics
4.2.1. Drivers
4.2.1.1. Rising Number of Aging People
4.2.1.2. Increasing Cases of Neurological Disorders
4.2.1.3. Technological Advancements Related to Surgical Power Tools
4.2.2 Restraints
4.2.2.1. High Cost of Surgical Power Tools
4.2.3. Opportunities
4.2.3.1. Market Expansion in Emerging Economies
4.2.3.2. Growing Medical Tourism
4.2.4. Challenges
4.2.4.1. Dearth of Skilled Professionals
4.3. The Impact of COVID-19 on the Surgical Power Tools Market
5. Surgical Power Tools Market, by Product
5.1. Introduction
5.2. Handpieces
5.2.1. Drills
5.2.2. Saws
5.2.3. Reamers
5.2.4. Shavers
5.2.5. Wire/Pin Drivers
5.2.6. Other Handpieces
5.3. Power Sources & Controls
5.3.1. Electric Consoles
5.3.2. Batteries
5.3.3. Pneumatic Regulators
5.4. Accessories
5.4.1. Surgical Accessories
5.4.2. Electrical Accessories
5.4.3. Other Accessories
6. Surgical Power Tools Market, by Application
6.1. Introduction
6.2. Orthopedic Surgery
6.3. Neurosurgery
6.4. Dental & Craniomaxillofacial Surgery
6.5. ENT Surgery
6.6. Cardiothoracic Surgery
6.7. Plastic & Reconstructive Surgery
7. Surgical Power Tools Market, by Usage
7.1. Introduction
7.2. Reusable Tools
7.3. Disposable Tools
8. Surgical Power Tools Market, by End User
8.1. Introduction
8.2. Hospitals
8.3. ASCs and Clinics
9. Surgical Power Tools Market, by Geography
9.1. Introduction
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.3.6. Rest of Europe (RoE)
9.4. Asia-Pacific
9.4.1. China
9.4.2. Japan
9.4.3. India
9.4.4. Rest of Asia Pacific (RoAPAC)
9.5. Latin America
9.5.1. Brazil
9.5.2. Mexico
9.5.3. Rest of Latin America (RoLATAM)
9.6. Middle East & Africa
10. Competitive Landscape
10.1. Introduction
10.2. Key Growth Strategies
10.3. Competitive Benchmarking
11. Company Profiles
11.1. Medtronic Plc (Ireland)
11.2. ConMed Corporation (U.S.)
11.3. B. Braun Melsungen AG (Germany)
11.4. Zimmer Biomet Holdings, Inc. (U.S.)
11.5. Johnson & Johnson (U.S.)
11.6. Stryker Corporation (U.S.)
11.7. De Soutter Medical Limited (U.K.)
11.8. AlloTech Co., Ltd. (South Korea)
11.9. Smith & Nephew plc (U.K.)
11.10. NOUVAG AG (Switzerland)
12. Appendix
12.1. Questionnaire
12.2. Available Customization
List of Tables
Table 1 Global Surgical Power Tools Market Drivers: Impact Analysis (2023–2030)
Table 2 Global Surgical Power Tools Market Restraints: Impact Analysis (2023–2030)
Table 3 Global Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 4 Global Surgical Power Tools Market Size for Handpieces, by Type, 2021–2030 (USD Million)
Table 5 Global Surgical Power Tools Market Size for Handpieces, by Country/Region, 2021–2030 (USD Million)
Table 6 Global Surgical Power Tools Market Size for Drills, by Country/Region, 2021–2030 (USD Million)
Table 7 Global Surgical Power Tools Market Size for Saws, by Country/Region, 2021–2030 (USD Million)
Table 8 Global Surgical Power Tools Market Size for Reamers, by Country/Region, 2021–2030 (USD Million)
Table 9 Global Surgical Power Tools Market Size for Shavers, by Country/Region, 2021–2030 (USD Million)
Table 10 Global Surgical Power Tools Market Size for Wire/Pin Drivers, by Country/Region, 2021–2030 (USD Million)
Table 11 Global Surgical Power Tools Market Size for Other Handpieces, by Country/Region, 2021–2030 (USD Million)
Table 12 Global Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 13 Global Surgical Power Tools Market Size for Orthopedic Surgery, by Country/Region, 2021–2030 (USD Million)
Table 14 Global Surgical Power Tools Market Size for Neurosurgery, by Country/Region, 2021–2030 (USD Million)
Table 15 Global Surgical Power Tools Market Size for Dental and Craniomaxillofacial Surgery, by Country/Region, 2021–2030 (USD Million)
Table 16 Global Surgical Power Tools Market Size for ENT Surgery, by Country/Region, 2021–2030 (USD Million)
Table 17 Global Surgical Power Tools Market Size for Cardiothoracic Surgery, by Country/Region, 2021–2030 (USD Million)
Table 18 Global Surgical Power Tools Market Size for Plastic & Reconstructive Surgery, by Country/Region, 2021–2030 (USD Million)
Table 19 Global Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 20 Global Surgical Power Tools Market Size for Reusable Tools, by Country/Region, 2021–2030 (USD Million)
Table 21 Global Surgical Power Tools Market Size for Disposable Tools, by Country/Region, 2021–2030 (USD Million)
Table 22 Global Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 23 Global Surgical Power Tools Market Size for Hospitals, by Country/Region, 2021–2030 (USD Million)
Table 24 Global Surgical Power Tools Market Size for ASCs and Clinics, by Country/Region, 2021–2030 (USD Million)
Table 25 Global Surgical Power Tools Market Size, by Country/Region, 2021–2030 (USD Million)
Table 26 North America: Surgical Power Tools Market Size, by Country, 2021–2030 (USD Million)
Table 27 North America: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 28 North America: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 29 North America: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 30 North America: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 31 U.S.: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 32 U.S.: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 33 U.S.: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 34 U.S.: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 35 Canada: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 36 Canada: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 37 Canada: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 38 Canada: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 39 Europe: Surgical Power Tools Market Size, by Country, 2021–2030 (USD Million)
Table 40 Europe: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 41 Europe: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 42 Europe: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 43 Europe: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 44 U.K.: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 45 U.K.: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 46 U.K.: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 47 U.K.: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 48 Germany: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 49 Germany: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 50 Germany: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 51 Germany: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 52 France: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 53 France: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 54 France: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 55 France: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 56 Italy: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 57 Italy: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 58 Italy: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 59 Italy: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 60 Spain: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 61 Spain: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 62 Spain: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 63 Spain: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 64 Rest of Europe: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 65 Rest of Europe: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 66 Rest of Europe: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 67 Rest of Europe: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 68 Asia-Pacific: Surgical Power Tools Market Size, by Country, 2021–2030 (USD Million)
Table 69 Asia-Pacific: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 70 Asia-Pacific: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 71 Asia-Pacific: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 72 Asia-Pacific: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 73 China: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 74 China: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 75 China: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 76 China: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 77 Japan: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 78 Japan: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 79 Japan: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 80 Japan: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 81 India: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 82 India: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 83 India: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 84 India: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 85 Rest of Asia-Pacific: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 86 Rest of Asia-Pacific: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 87 Rest of Asia-Pacific: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 88 Rest of Asia-Pacific: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 89 Latin America: Surgical Power Tools Market Size, by Country, 2021–2030 (USD Million)
Table 90 Latin America: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 91 Latin America: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 92 Latin America: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 93 Latin America: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 94 Brazil: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 95 Brazil: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 96 Brazil: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 97 Brazil: Surgical Power Tools Market Size, sby End User, 2021–2030 (USD Million)
Table 98 Mexico: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 99 Mexico: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 100 Mexico: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 101 Mexico: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 102 Rest of Latin America: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 103 Rest of Latin America: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 104 Rest of Latin America: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 105 Rest of Latin America: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 106 Middle East & Africa: Surgical Power Tools Market Size, by Product, 2021–2030 (USD Million)
Table 107 Middle East & Africa: Surgical Power Tools Market Size, by Application, 2021–2030 (USD Million)
Table 108 Middle East & Africa: Surgical Power Tools Market Size, by Usage, 2021–2030 (USD Million)
Table 109 Middle East & Africa: Surgical Power Tools Market Size, by End User, 2021–2030 (USD Million)
Table 110 Recent Developments (2020–2023)
List of Figures
Figure 1 Research Process
Figure 2 Key Secondary Sources
Figure 3 Primary Research Techniques
Figure 4 Key Executives interviewed
Figure 5 Breakdown of Primary interviews (Supply-side & Demand-side)
Figure 6 Market Size Estimation
Figure 7 Global Surgical Power Tools Market Size, by Product, 2023–2030 (USD Million)
Figure 8 Global Surgical Power Tools Market Size, by Application, 2023–2030 (USD Million)
Figure 9 Global Surgical Power Tools Market Size, by Usage, 2023–2030 (USD Million)
Figure 10 Global Surgical Power Tools Market Size, by End User, 2023–2030 (USD Million)
Figure 11 Surgical Power Tools Market, by Geography
Figure 12 Market Dynamics
Figure 13 Global Surgical Power Tools Market Size, by Product, 2023–2030 (USD Million)
Figure 14 Global Surgical Power Tools Market Size, by Application, 2023–2030 (USD Million)
Figure 15 Global Surgical Power Tools Market Size, by Usage, 2023–2030 (USD Million)
Figure 16 Global Surgical Power Tools Market Size, by End User, 2023–2030 (USD Million)
Figure 17 Global Surgical Power Tools Market Size, by Geography, 2023–2030 (USD Million)
Figure 18 North America: Surgical Power Tools Market Snapshot
Figure 19 Europe: Surgical Power Tools Market Snapshot
Figure 20 Asia-Pacific: Surgical Power Tools Market Snapshot
Figure 21 Latin America: Surgical Power Tools Market Snapshot
Figure 22 Competitive Benchmarking: Surgical Power Tools Market: Based on Product
Figure 23 Competitive Benchmarking: Surgical Power Tools Market: Based on Geography
Figure 24 Market Share Analysis: Surgical Power Tools Market, 2021
Figure 25 ConMed Corporation: Financial Overview, 2021
Figure 26 Zimmer Biomet: Financial Overview, 2021
Figure 27 Johnson & Johnson: Financial Overview, 2021
Figure 28 Stryker Corporation: Financial Overview, 2021
Figure 29 AlloTech Co. Ltd.: Financial Overview, 2021
Figure 30 Smith & Nephew: Financial Overview, 2021
This report provides pre & post COVID-19 market estimates.
This report provides pre & post COVID-19 market estimates.
Published Date: Mar-2023
Published Date: Jan-2023
Published Date: Jun-2022
Published Date: Sep-2017
