The Asia Pacific Surgical Power Tools Market would witness market growth of 5.4% CAGR during the forecast period (2022-2028).
The occurrence of brain and spine tumors has also increased, which is thought to be a factor in the market expansion for surgical power tools. Depending on the tumor's kind, size, and location, surgery may be necessary for brain and spine tumors. Surgery may be employed to remove the tumor or relieve pressure on the brain or spinal cord. Radiation therapy or a tumor biopsy can be done with it. Drills and saws are surgical power tools used to access and remove brain tumors.
Using these instruments, a window can be made in the skull, giving the surgeon access to the tumor. The tumor and surrounding tissue are also sliced away using power tools. To make room for radiation therapy, the tools can also remove bone or other tissue. Hence, the increased incidence of brain and spinal tumors is thought to fuel demand for surgical equipment and boost market expansion.
The main competitors in the market for surgical power tools concentrate on improving motors, batteries, and ergonomics. For instance, the availability of surgical power tools from major market companies like Johnson & Johnson and Medtronic reduced the need for additional devices during surgery. Also, the presence of 18-volt devices in electric motors increases their power for use in crucial surgical procedures.
Road safety is a key development issue, a public health concern, and the most common reason for death and injury worldwide. According to the WHO, at least one of every ten road fatalities worldwide involves an Indian. According to the Indian government, there were 4,12,432 registered road accidents in the country in 2021, resulting in 1,53,972 deaths and 3,84,448 injuries. Around 67 percent of all accidental deaths occur between 18 and 45, the age group most affected by road accidents. In addition, the number of motor cars in China rose from 207 million in 2010 to 348 million in 2019, a 68.12 percent rise in ten years. This is expected to contribute to market expansion.
The China market dominated the Asia Pacific Surgical Power Tools Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $234.8 million by 2028. The Japan market is estimated to grow a CAGR of 4.8% during (2022 - 2028). Additionally, The India market would experience a CAGR of 6.1% during (2022 - 2028).
Based on Technology, the market is segmented into Electric Operated, Battery Operated, and Pneumatic Operated. Based on Application, the market is segmented into Orthopedic Surgery, Cardiothoracic Surgery, Spine & Neuro Surgery, and Others. Based on End User, the market is segmented into Hospitals, Clinics, Ambulatory Surgical Centers, and Others. Based on Product, the market is segmented into Surgical Drill, Surgical Saw, Accessories, Power Source, and Reamer. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Surgical Power Tools Market is Projected to reach USD 2.8 Billion by 2028, at a CAGR of 4.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Arthrex, Inc., B. Braun Melsungen AG (Aesculap, Inc.), ConMed Corporation, Johnson & Johnson, Medtronic PLC, Stryker Corporation, Zimmer Biomet Holdings, Inc., Nouvag AG, American Precision Industries, Inc. (Altra Industrial Motion Corp.), and GPC Medical Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Technology
- Electric Operated
- Battery Operated
- Pneumatic Operated
By Application
- Orthopedic Surgery
- Cardiothoracic Surgery
- Spine & Neuro Surgery
- Others
By End User
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
By Product
- Surgical Drill
- Surgical Saw
- Accessories
- Power Source
- Reamer
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Arthrex, Inc.
- B. Braun Melsungen AG (Aesculap, Inc.)
- ConMed Corporation
- Johnson & Johnson
- Medtronic PLC
- Stryker Corporation
- Zimmer Biomet Holdings, Inc.
- Nouvag AG
- American Precision Industries, Inc. (Altra Industrial Motion Corp.)
- GPC Medical Ltd.
TABLE 1 Asia Pacific Surgical Power Tools Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Surgical Power Tools Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Surgical Power Tools Market
TABLE 4 Product Launches And Product Expansions– Surgical Power Tools Market
TABLE 5 Acquisition and Mergers– Surgical Power Tools Market
TABLE 6 approvals and trials – Surgical Power Tools Market
TABLE 7 geographical expansions – Surgical Power Tools Market
TABLE 8 Asia Pacific Surgical Power Tools Market by Technology, 2018 - 2021, USD Million
TABLE 9 Asia Pacific Surgical Power Tools Market by Technology, 2022 - 2028, USD Million
TABLE 10 Asia Pacific Electric Operated Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific Electric Operated Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific Battery Operated Market by Country, 2018 - 2021, USD Million
TABLE 13 Asia Pacific Battery Operated Market by Country, 2022 - 2028, USD Million
TABLE 14 Asia Pacific Pneumatic Operated Market by Country, 2018 - 2021, USD Million
TABLE 15 Asia Pacific Pneumatic Operated Market by Country, 2022 - 2028, USD Million
TABLE 16 Asia Pacific Surgical Power Tools Market by Application, 2018 - 2021, USD Million
TABLE 17 Asia Pacific Surgical Power Tools Market by Application, 2022 - 2028, USD Million
TABLE 18 Asia Pacific Orthopedic Surgery Market by Country, 2018 - 2021, USD Million
TABLE 19 Asia Pacific Orthopedic Surgery Market by Country, 2022 - 2028, USD Million
TABLE 20 Asia Pacific Cardiothoracic Surgery Market by Country, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Cardiothoracic Surgery Market by Country, 2022 - 2028, USD Million
TABLE 22 Asia Pacific Spine & Neuro Surgery Market by Country, 2018 - 2021, USD Million
TABLE 23 Asia Pacific Spine & Neuro Surgery Market by Country, 2022 - 2028, USD Million
TABLE 24 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 26 Asia Pacific Surgical Power Tools Market by End User, 2018 - 2021, USD Million
TABLE 27 Asia Pacific Surgical Power Tools Market by End User, 2022 - 2028, USD Million
TABLE 28 Asia Pacific Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 29 Asia Pacific Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 30 Asia Pacific Clinics Market by Country, 2018 - 2021, USD Million
TABLE 31 Asia Pacific Clinics Market by Country, 2022 - 2028, USD Million
TABLE 32 Asia Pacific Ambulatory Surgical Centers Market by Country, 2018 - 2021, USD Million
TABLE 33 Asia Pacific Ambulatory Surgical Centers Market by Country, 2022 - 2028, USD Million
TABLE 34 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 35 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 36 Asia Pacific Surgical Power Tools Market by Product, 2018 - 2021, USD Million
TABLE 37 Asia Pacific Surgical Power Tools Market by Product, 2022 - 2028, USD Million
TABLE 38 Asia Pacific Surgical Drill Market by Country, 2018 - 2021, USD Million
TABLE 39 Asia Pacific Surgical Drill Market by Country, 2022 - 2028, USD Million
TABLE 40 Asia Pacific Surgical Saw Market by Country, 2018 - 2021, USD Million
TABLE 41 Asia Pacific Surgical Saw Market by Country, 2022 - 2028, USD Million
TABLE 42 Asia Pacific Accessories Market by Country, 2018 - 2021, USD Million
TABLE 43 Asia Pacific Accessories Market by Country, 2022 - 2028, USD Million
TABLE 44 Asia Pacific Power Source Market by Country, 2018 - 2021, USD Million
TABLE 45 Asia Pacific Power Source Market by Country, 2022 - 2028, USD Million
TABLE 46 Asia Pacific Reamer Market by Country, 2018 - 2021, USD Million
TABLE 47 Asia Pacific Reamer Market by Country, 2022 - 2028, USD Million
TABLE 48 Asia Pacific Surgical Power Tools Market by Country, 2018 - 2021, USD Million
TABLE 49 Asia Pacific Surgical Power Tools Market by Country, 2022 - 2028, USD Million
TABLE 50 China Surgical Power Tools Market, 2018 - 2021, USD Million
TABLE 51 China Surgical Power Tools Market, 2022 - 2028, USD Million
TABLE 52 China Surgical Power Tools Market by Technology, 2018 - 2021, USD Million
TABLE 53 China Surgical Power Tools Market by Technology, 2022 - 2028, USD Million
TABLE 54 China Surgical Power Tools Market by Application, 2018 - 2021, USD Million
TABLE 55 China Surgical Power Tools Market by Application, 2022 - 2028, USD Million
TABLE 56 China Surgical Power Tools Market by End User, 2018 - 2021, USD Million
TABLE 57 China Surgical Power Tools Market by End User, 2022 - 2028, USD Million
TABLE 58 China Surgical Power Tools Market by Product, 2018 - 2021, USD Million
TABLE 59 China Surgical Power Tools Market by Product, 2022 - 2028, USD Million
TABLE 60 Japan Surgical Power Tools Market, 2018 - 2021, USD Million
TABLE 61 Japan Surgical Power Tools Market, 2022 - 2028, USD Million
TABLE 62 Japan Surgical Power Tools Market by Technology, 2018 - 2021, USD Million
TABLE 63 Japan Surgical Power Tools Market by Technology, 2022 - 2028, USD Million
TABLE 64 Japan Surgical Power Tools Market by Application, 2018 - 2021, USD Million
TABLE 65 Japan Surgical Power Tools Market by Application, 2022 - 2028, USD Million
TABLE 66 Japan Surgical Power Tools Market by End User, 2018 - 2021, USD Million
TABLE 67 Japan Surgical Power Tools Market by End User, 2022 - 2028, USD Million
TABLE 68 Japan Surgical Power Tools Market by Product, 2018 - 2021, USD Million
TABLE 69 Japan Surgical Power Tools Market by Product, 2022 - 2028, USD Million
TABLE 70 India Surgical Power Tools Market, 2018 - 2021, USD Million
TABLE 71 India Surgical Power Tools Market, 2022 - 2028, USD Million
TABLE 72 India Surgical Power Tools Market by Technology, 2018 - 2021, USD Million
TABLE 73 India Surgical Power Tools Market by Technology, 2022 - 2028, USD Million
TABLE 74 India Surgical Power Tools Market by Application, 2018 - 2021, USD Million
TABLE 75 India Surgical Power Tools Market by Application, 2022 - 2028, USD Million
TABLE 76 India Surgical Power Tools Market by End User, 2018 - 2021, USD Million
TABLE 77 India Surgical Power Tools Market by End User, 2022 - 2028, USD Million
TABLE 78 India Surgical Power Tools Market by Product, 2018 - 2021, USD Million
TABLE 79 India Surgical Power Tools Market by Product, 2022 - 2028, USD Million
TABLE 80 South Korea Surgical Power Tools Market, 2018 - 2021, USD Million
TABLE 81 South Korea Surgical Power Tools Market, 2022 - 2028, USD Million
TABLE 82 South Korea Surgical Power Tools Market by Technology, 2018 - 2021, USD Million
TABLE 83 South Korea Surgical Power Tools Market by Technology, 2022 - 2028, USD Million
TABLE 84 South Korea Surgical Power Tools Market by Application, 2018 - 2021, USD Million
TABLE 85 South Korea Surgical Power Tools Market by Application, 2022 - 2028, USD Million
TABLE 86 South Korea Surgical Power Tools Market by End User, 2018 - 2021, USD Million
TABLE 87 South Korea Surgical Power Tools Market by End User, 2022 - 2028, USD Million
TABLE 88 South Korea Surgical Power Tools Market by Product, 2018 - 2021, USD Million
TABLE 89 South Korea Surgical Power Tools Market by Product, 2022 - 2028, USD Million
TABLE 90 Singapore Surgical Power Tools Market, 2018 - 2021, USD Million
TABLE 91 Singapore Surgical Power Tools Market, 2022 - 2028, USD Million
TABLE 92 Singapore Surgical Power Tools Market by Technology, 2018 - 2021, USD Million
TABLE 93 Singapore Surgical Power Tools Market by Technology, 2022 - 2028, USD Million
TABLE 94 Singapore Surgical Power Tools Market by Application, 2018 - 2021, USD Million
TABLE 95 Singapore Surgical Power Tools Market by Application, 2022 - 2028, USD Million
TABLE 96 Singapore Surgical Power Tools Market by End User, 2018 - 2021, USD Million
TABLE 97 Singapore Surgical Power Tools Market by End User, 2022 - 2028, USD Million
TABLE 98 Singapore Surgical Power Tools Market by Product, 2018 - 2021, USD Million
TABLE 99 Singapore Surgical Power Tools Market by Product, 2022 - 2028, USD Million
TABLE 100 Malaysia Surgical Power Tools Market, 2018 - 2021, USD Million
TABLE 101 Malaysia Surgical Power Tools Market, 2022 - 2028, USD Million
TABLE 102 Malaysia Surgical Power Tools Market by Technology, 2018 - 2021, USD Million
TABLE 103 Malaysia Surgical Power Tools Market by Technology, 2022 - 2028, USD Million
TABLE 104 Malaysia Surgical Power Tools Market by Application, 2018 - 2021, USD Million
TABLE 105 Malaysia Surgical Power Tools Market by Application, 2022 - 2028, USD Million
TABLE 106 Malaysia Surgical Power Tools Market by End User, 2018 - 2021, USD Million
TABLE 107 Malaysia Surgical Power Tools Market by End User, 2022 - 2028, USD Million
TABLE 108 Malaysia Surgical Power Tools Market by Product, 2018 - 2021, USD Million
TABLE 109 Malaysia Surgical Power Tools Market by Product, 2022 - 2028, USD Million
TABLE 110 Rest of Asia Pacific Surgical Power Tools Market, 2018 - 2021, USD Million
TABLE 111 Rest of Asia Pacific Surgical Power Tools Market, 2022 - 2028, USD Million
TABLE 112 Rest of Asia Pacific Surgical Power Tools Market by Technology, 2018 - 2021, USD Million
TABLE 113 Rest of Asia Pacific Surgical Power Tools Market by Technology, 2022 - 2028, USD Million
TABLE 114 Rest of Asia Pacific Surgical Power Tools Market by Application, 2018 - 2021, USD Million
TABLE 115 Rest of Asia Pacific Surgical Power Tools Market by Application, 2022 - 2028, USD Million
TABLE 116 Rest of Asia Pacific Surgical Power Tools Market by End User, 2018 - 2021, USD Million
TABLE 117 Rest of Asia Pacific Surgical Power Tools Market by End User, 2022 - 2028, USD Million
TABLE 118 Rest of Asia Pacific Surgical Power Tools Market by Product, 2018 - 2021, USD Million
TABLE 119 Rest of Asia Pacific Surgical Power Tools Market by Product, 2022 - 2028, USD Million
TABLE 120 Key Information – Medtronic PLC
TABLE 121 key Information – B. Braun Melsungen AG
TABLE 122 key Information – ConMed Corporation
TABLE 123 key Information – Stryker Corporation
TABLE 124 key Information – Zimmer Biomet Holdings, Inc.
TABLE 125 Key information –Johnson & Johnson
TABLE 126 Key Information – American Precision Industries, Inc.
TABLE 127 Key information – Arthrex, Inc.
TABLE 128 Key Information – GPC Medical Ltd.
TABLE 129 Key Information – Nouvag AG
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Swot analysis: Medtronic plc
FIG 5 Recent strategies and developments: Arthrex, Inc.