Global Surgical Drill Market

In 2021, an estimated 42,915 people died in motor vehicle traffic crashes last year from the 38,824 fatalities in 2020 by NHTSA.

Although COVID-19 has negatively impacted the surgical drill market which includes a lack of a coordinated federal response, we impacted health insurance coverage, a politicized approach to public health and safety, and disruption. In addition, some of the surgical procedures are either canceled or postponed which further stops the growth of the surgical drill industry. To save healthcare resources for the treatment of COVID-19 patients, the government of several countries issued directives to post-cancel non-surgical surgeries.

According to World Health Organisation (WHO), the Covid-19 pandemic impressed the demand and supply of the high-speed surgical drill market. Lockdowns across the globe, supply chain disorganization, and oscillating supply of raw materials forced manufacturers to shut down production leading to decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.