Motorized Surgical Instruments Market Expected to Grow at a CAGR of 4.2% During the Period 2021-2025 | By type, country, mode, key players
Motorized surgical instruments are specially designed and powerful instruments that are used to perform specific or desired actions during a surgical procedure.
PORTLAND, OREGON, UNITED STATES, December 23, 2021 /EINPresswire.com/ – According to the Allied Market Research report, titled “Motorized Surgical Instruments Market by product (handpieces, power source and controls and accessories), power source (battery powered instruments, pneumatic instruments and electric instruments) and application (orthopedic surgery, neurosurgery, ENT surgery, cardiovascular surgery, cardiothoracic surgery, plastic surgery, et al.): Analysis of global opportunities and industry forecast, 2018 – 2025 “. The report provides a detailed analysis of changing market dynamics, major segments, value chain, key investment pockets, regional scenario and competitive landscape.
The global motorized surgical instruments market was valued at $ 1,943 million in 2017 and is expected to reach $ 2,731 million by 2025, growing at a CAGR of 4.2% from 2018 to 2025.
The high prevalence of chronic diseases and increasing geriatric population are driving the growth of the global motorized surgical instruments market. However, inadequate quality assurance and the lack of proper sterilization practices are hampering the growth of the market. On the contrary, the increase in healthcare spending is expected to create lucrative opportunities for market players in the years to come.
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Comprehensive analysis of the competition and profiles of major market players, such as
Major players analyzed in the report include De Soutter Medical Ltd., Peter Brasseler Holdings, LLC, Intrauma SpA, GEISTER Medizintechnik GmbH and Ruijin Medical Instrument & Device Co., Ltd.
North America rules the market in 2017
North America held the largest share of the global motorized surgical instruments market, generating about half of the total revenue in 2017, due to highly sophisticated healthcare infrastructure and high rate of high adoption of technologically advanced surgical tools in the region. However, the Asia-Pacific region is expected to exhibit the fastest CAGR of 5.4% during the forecast period, owing to the high prevalence of chronic diseases and the increasing demand for minimally invasive surgery. Other regions analyzed in the report include Europe and Latin America, Middle East and Africa (LAMEA).
Key Findings of the Motorized Surgical Instruments Market:
On the basis of the power source, the battery powered instrument segment is expected to grow rapidly in the market and is expected to grow at a CAGR of 4.9% from 2018 to 2025.
According to the application, the cardiovascular surgery segment is expected to show the highest CAGR during the forecast period.
By product, the handpieces segment was the main contributor to revenue in 2017 and is expected to continue this trend during the forecast period.
The United States generated the highest revenue in the global motorized surgical instrument market in 2017, accounting for nearly two-fifths of the global market in 2017.
Asia-Pacific is expected to grow at a CAGR of 5.4% during the forecast period.
CHAPTER 1 INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analysis tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
CHAPTER 3 MARKET OVERVIEW
3.1. DEFINITION AND SCOPE OF THE MARKET
3.2. MAIN CONCLUSIONS
3.2.1. The best investment pockets
3.2.2. The best winning strategies
3.3. MARKET SHARE ANALYSIS / POSITIONING OF THE BEST PLAYERS
3.4. PORTER’S FIVE FORCES ANALYSIS
3.5. MARKET DYNAMICS
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