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Powered Surgical Instruments Market Share

Report ID: GMI11995
Published Date: Oct 2024
Report Format: PDF

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Powered Surgical Instruments Market Share

The market is competitive in nature, with a mix of major global and smaller to medium-sized companies competing for market share. A key aspect of market strategy involves the continual introduction of innovative products leveraging diverse technologies. Notably, prominent industry players command considerable influence in this dynamic landscape, often driving forward advancements through substantial investments in research and development. Additionally, strategic alliances, acquisitions, and mergers are instrumental in fortifying market positions and expanding global footprint amidst evolving regulatory landscapes.

Powered Surgical Instruments Market Companies

Some of the eminent market participants operating in the powered surgical instruments industry include:

Arthrex
B. Braun Melsungen
Becton, Dickinson and Company
CONMED Corporation
DePuy Synthes
Integra LifeSciences Holdings Corporation
Johnson & Johnson
KLS Martin Group
Medtronic
MicroAire Surgical Instruments
Nouvag
Peter Brasseler Holdings
Smith & Nephew
Stryker Corporation
Zimmer Biomet Holdings

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global powered surgical instruments industry was valued at approximately USD 2.6 billion in 2023 and is estimated to grow at a 4% CAGR from 2024 to 2032, driven by the increasing prevalence of minimally invasive surgical procedures.

The handpieces segment is projected to reach USD 2.3 billion by 2032, fueled by the demand for precise and efficient surgical instruments.

North America powered surgical instruments market was valued at USD 1.2 billion in 2023 and is expected to grow at a CAGR of 4.1% over the forecast period, supported by the high prevalence of chronic diseases.

Key players in the market include Arthrex, B. Braun Melsungen, Becton, Dickinson and Company, CONMED Corporation, DePuy Synthes, Integra LifeSciences Holdings Corporation, Johnson & Johnson, KLS Martin Group, Medtronic, and MicroAire Surgical Instruments.