Increased Adoption of Robotic Surgery to Propel Growth of Orthopedic Power Tools Market

Posted on 2019-05-07 by Mark Hub in Internet & Online // 0 Comments

Rockville, USA, 2019-May-07 — /EPR Network/ — In order to offer readers with up-to-date information about the latest advancements in the global orthopedic power tools market, the report provides updates about market opportunities, which can benefit leading manufacturers of orthopedic power tools. With continuous evolution of the healthcare sector, keeping a record of latest developments and trends is fundamental for orthopedic power tools manufacturers to formulate key business strategies. Detailed insights about raw material sourcing, supply chain, regulatory approvals, pricing analysis, list of distributors, and cost structure are provided in this section.

Fact.MR’s report provides a competitive landscape of the orthopedic power tools market identifying key players in the market that include Misonix, CONMED Corporation, B Braun, Zimmer Biomet, Johnson & Johnson, and Stryker Corporation.

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North America to Account for Largest Revenue Share of Orthopedic Power Tools Market

Rapid technological advancements, and increasing volume of orthopedic procedures have accelerated growth of orthopedic power tools market in North America. In terms of revenues, the largest share of the orthopedic power tools market will be accounted by North America during 2017 to 2026. Europe and Asia-pacific excluding Japan (APEJ) will also remain lucrative regions for growth of the orthopedic power tools market.

The report commences with a brief information of the global orthopedic power tools market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global orthopedic power tools market.

Browse Full Report on Orthopedic Power Tools Market with TOC-

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The Fact.MR report offers segmentation analysis & forecast to cover the wide scope of the global orthopedic power tools market. Key segments that define the growth of the global market for orthopedic power tools are modality, end-user, product type, and region. This segmentation analysis gives an in-depth country-wise forecast around all key parameters impacting the market expansion.

Based on modality, revenues from reusable orthopedic power tools’ worldwide sales will account for nearly three-fourth share of the market by 2026-end. However, reusable or disposable tools are expensive, require high maintenance costs, and are associated with risks regarding infection from patient. This has led surgeons toward adoption of single-use orthopedic power tools, which are convenient and cost-effective. Reusable orthopedic power tools will register the fastest expansion in the market through 2026.

Large Bone Power Tools – Most Lucrative among Products in Orthopedic Power Tools Market

Large bone power tools will remain most lucrative product in orthopedic power tools market, followed by high-speed power tools. These power tools find huge application in trauma-related surgeries, and knee & hip reconstruction surgeries. Compared to large bone and high-speed power tools, small bone power tools will account for a significantly lower revenue share of the market throughout the forecast period.

Accounting for the largest market revenue share during 2017 to 2026, hospitals will remain the largest end-users of orthopedic power tools market. However, orthopedic clinics are projected to register the highest CAGR in the market through 2026. Revenues from ambulatory surgical centers will increase at a CAGR lower than those from orthopedic clinics, and higher than those from hospitals through 2026.

Fact.MR’s report provides a competitive landscape of the orthopedic power tools market, identifying key players in the market that include Misonix, CONMED Corporation, B Braun, Zimmer Biomet, Johnson & Johnson, and Stryker Corporation.

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