Market Overview

The Global Powered Surgical Instrument Market was valued at USD 2,033.9 million in 2023 and is expected to reach USD 2,820.7 million by 2031 while growing at a CAGR of 4.2% during the forecast period (2024-2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global powered surgical instrument market growth. A powered surgical instrument is a medical device that uses electricity or compressed air for surgeries. It aids surgeons in precise movements, improving efficiency across various specialties like orthopedics, neurology, and cardiovascular surgery. These instruments provide advantages such as enhanced precision, reduced surgeon fatigue, and faster procedures, playing a vital role in modern surgical practices and advancing medical technology for improved patient care.

The Powered Surgical Instrument market is poised for significant growth due to factors such as the rising geriatric population, increasing preference for minimally invasive surgeries, and a surge in surgical procedures. Despite these positive trends, potential obstacles to market expansion include high costs and safety concerns associated with powered surgical instruments.

Furthermore, the global powered surgical instrument industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Power Source Analysis

The Global Powered Surgical Instrument Market is segmented among Electric Instruments, Battery-powered Instruments, and Pneumatic Instruments, based on Power Source. In 2023, Electric Instruments accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Product Type Analysis

The Global Powered Surgical Instrument Market is segmented among Handpiece, Disposables, and Accessories, based on Product Type. In 2023, Handpiece accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Powered Surgical Instrument Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Johnson & Johnson, B. Braun Melsungen Ag, Stryker Corporation, Smith & Nephew, Zimmer Biomet, ConMed, Desoutter Medical Ltd, Adeor Medical AG, and MicroAire Surgical Instruments.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Powered Surgical Instrument Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Powered Surgical Instrument Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Powered Surgical Instrument Market Segmentation, By Power Source

• Global Powered Surgical Instrument Market Share Analysis, By Power Source

• Global Powered Surgical Instrument Market Growth Analysis, By Power Source

• Global Powered Surgical Instrument Market Trends, By Power Source

o Electric Instruments

o Battery-powered Instruments

o Pneumatic Instruments

6. Global Powered Surgical Instrument Market Segmentation, By Product Type

• Global Powered Surgical Instrument Market Share Analysis, By Product Type

• Global Powered Surgical Instrument Market Growth Analysis, By Product Type

• Global Powered Surgical Instrument Market Trends, By Product Type

o Handpiece

o Disposables

Ø Drill System

Ø Saw Systems

Ø Reamer Systems

Ø Staplers

Ø Shavers

Ø Other Disposables

o Accessories

Ø Surgical

Ø Electrical

Ø Other Accessories

7. Global Powered Surgical Instrument Market Segmentation, By Application

• Global Powered Surgical Instrument Market Share Analysis, By Application

• Global Powered Surgical Instrument Market Growth Analysis, By Application

• Global Powered Surgical Instrument Market Trends, By Application

o Orthopedic

o Dental

o Neurosurgery

o Cardiothoracic Surgery

o Other Applications

8. Global Powered Surgical Instrument Market Segmentation, By Region

• Global Powered Surgical Instrument Market Share Analysis, By Region

• Global Powered Surgical Instrument Market Growth Analysis, By Region

• Global Powered Surgical Instrument Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• Johnson & Johnson*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• B. Braun Melsungen Ag

• Stryker Corporation

• Smith & Nephew

• Zimmer Biomet

• ConMed

• Desoutter Medical Ltd

• Adeor Medical AG

• MicroAire Surgical Instruments 

*Similar analysis will be provided for each company listed above.