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Powered Surgical Instruments Market Trends

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

Powered Surgical Instruments Market Trends

  • Technological advancements in surgical devices are significantly improving patient outcomes and treatment adherence. Recent innovations in the field have led to the development of sophisticated tools that enhance surgical precision and efficiency.
     
  • One notable advancement is the introduction of high-speed electric and pneumatic surgical drills. These cutting-edge tools facilitate a wide range of surgical procedures, including spinal surgeries, neurotological operations, ENT procedures, cranial interventions, and orthopedic surgeries. These advanced drills provide enhanced power and performance, allowing surgeons to operate with greater precision and control. This improvement in surgical capabilities has led to better patient outcomes and reduced recovery times.
     
  • The integration of advanced automation and precision technologies into surgical tools has significantly expanded the functionality of electrosurgical devices. This market segment was valued at USD 8.9 billion in 2022, reflecting the growing demand for these sophisticated instruments. Electrosurgical devices offer several advantages in modern surgical practice, including increased precision in tissue cutting and coagulation, enhanced control during complex procedures, reduced blood loss during surgery, and faster healing and recovery for patients.
     
  • These advancements are particularly beneficial in complex surgical procedures, where precision and control are paramount. As a result, surgeons can perform intricate operations with greater confidence and improved outcomes. The ongoing technological evolution in surgical devices is having a profound impact on healthcare delivery, leading to improved surgical outcomes, reduced complications, shorter hospital stays, enhanced patient satisfaction, and increased efficiency in surgical departments.
     
  • The ongoing advancements in these technologies are expected to lead to improvements in surgical techniques and patient care. This progress is likely to drive growth in the surgical device market and transform modern surgery, benefiting healthcare providers and patients.
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.

Powered Surgical Instruments Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 185
  • Countries covered: 19
  • Pages: 143
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