Powered Surgical Instruments Market by Product & Application - 2019

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Powered Surgical Instruments Market by Product & Application - 2019

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The report “Powered Surgical Instruments Market by Power Source (Electric, Battery, Pneumatic), by Product (Drill, Saw, Stapler, Reamer, Battery, Console, Cables, Blade, Burr, Cart), by Application (Orthopedic, ENT, Oral, Thoracic, Neurology) - Global Forecasts to 2019�, The global powered surgical instruments market is estimated to be worth around $1.5 to 1.6 billion in 2014 and is expected to grow at a moderate CAGR during the forecast period of 2014 to 2019.

Browse 98 market data tables and 29 figures spread through 200 pages and in-depth TOC http://www.marketsandmarkets.com/Market-Reports/powered-surgical-instrumentsmarket-239163256.html Early buyers will receive 10% customization in this report This report studies the powered surgical instruments market over the forecast period of 2014-2019.

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Powered surgical instruments are specially designed tools or devices that assist in the performance of various surgeries, including orthopedic surgery, ENT surgery, neurosurgery, and oral surgery, among others. These are routinely used in many surgical procedures for several applications such as cutting, drilling, and sawing. Increasing R&D activities to develop innovative products and technologies are expected to boost the growth of the powered surgical instruments market.

Over the past few years, the powered surgical instruments market has been witnessing continuous growth. Factors such as aging population, increasing volume of global surgical procedures and increasing demand for minimally invasive surgeries is fuelling market growth. The market has also witnessed transformative and innovative technological advancements, such as surgical robotics, that have positively impacted the market.

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The global powered surgical instruments market is divided on the basis of power source, product, and application. Based on type of power source, the market is mainly segmented into electric-powered instruments, battery-powered instruments, and pneumatic instruments.

The market, by application, is classified into orthopedic surgery, oral maxillofacial surgery, ENT surgery, neurosurgery, plastic and reconstructive surgery, and cardiothoracic surgery.

The powered surgical instruments market is further divided into four major regions North America, Europe, Asia-Pacific, and Rest of the World (RoW). These regions are further analyzed at the country-level. The research report discusses key market drivers and restraints of, and the opportunities in, the global market and its submarkets.

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North America represented the largest regional market in 2013, followed by Europe, AsiaPacific, and RoW. North America and Europe are expected to witness lower growth rates in the coming years than the Asia-Pacific market. The Asia-Pacific region represents the fastest-growing market for powered surgical equipment and accessories, primarily due to the increasing medical tourism, rising prevalence of chronic diseases that require surgical procedures, and increased accessibility to healthcare facilities in the region.

Major players in the market include B. Braun Melsungen AG (Germany), CONMED Corporation (U.S.), Covidien Plc (Ireland), Johnson & Johnson (U.S.), Medtronic, Inc. (U.S.), Stryker Corporation (U.S.), and Zimmer Holdings (U.S.).

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