Global Orthopedic Power Tools
Market size- Industry Trends & Forecast Report 2027.
According to the recent global analysis for the market use of
Orthopedic power tools, it was found for USD 945 million in the year 2020 and expected
to reach around USD 1.24 billion approximately in another 7 years marking the
end of 2027 at 4% CAGR. The reason behind this growth is the need of this tool
and the varying technologies that it offers. It provides assistance to the
orthopedic surgeons for performing both simple, complex, and cumbersome
surgeries with the highest accuracy and greater pace, owing to the positive
performance and prevalence in the global market.
Source: BlueWeave Consulting
power tools Market overview
Orthopedic is a branch of medicinal science which
aims at providing the diagnosis, therapy and/or correction, treatment of
disorders and deformities related to bones such as spine injuries, joint
related issues, musculoskeletal trauma, infection, and diseases, etc. Orthopedic
power generated accessories or instruments are needed to perform small scale
surgical procedures like cut, dissect, fragment, emulsify on the bone tissues,
with high precision and avoid every human error possible.
power tools Market forecast and trends
There is a sudden increase in
the demand for orthopedic tools by the surgeons for various reasons thus
marking the global pressure for its implementation.
risk and chronic ailing: There
have not been many deaths enlisted due to orthopedic disorders and deformities.
Lately, due to less concern is shown towards the healthy lifestyle of the people,
many serious issues have started raising alerts. Cervical spine fusion, partial
knee replacement, primary knee replacement, primary hip replacement,
lumbar/thoracic spine fusion, motion-related disorders are some of the
examples. Since these surgeries require a high level of precision along with the
high specificity, stability and sensitivity, this is the major growth driver
for the global usage of orthopedic power tools.
factor: As seen with the
growing population, although orthopedic disorders do not constitute much for
the increased mortality rate is still a concerning and alarming issue. As per
the study conducted by University Hospitals in US, their trauma centers were
busier than ever in 2020, even during the nationwide lockdown due to COVID-19.
As per the Division Chief, Orthopedic Trauma and Post-Traumatic Reconstruction
at UH Cleveland Medical Centre, the volume of orthopedic trauma patients
increased by 20% during the 2nd quarter of 2020.
An orthopedic surgery usually costs between $25,000
to $30,000 for inpatients and $15,000 to $20,000 for its outpatients. The
typical high cost of production and maintenance is an obstacle for its
manufacturing especially for the developing countries with low and varying
economic status. This makes it further challenging to be launched in the global
healthcare market along with satisfying rules and regulations of that specific
March 2019, Stryker launched the Advanced Imaging Modalities (1688 AIM)
4K Visualisation platform, HipCheck, Connected OR Hub, HipMap, offering
enhanced imaging processing during the surgeries.
education training program was offered regarding VR surgeries aiming at AR/VR
surgery for emerging surgeons by the company Osso VR in August 2018.
T Handle LLC is a surgeon-driven company that successfully completed it's first
surgery using Power T Handle which is capable of performing both in manual and
electric power modes, in July 2018.
analysis Covid-19 in the orthopedic industry
The outbreak of the novel coronavirus disease has
put an impact on all the levels i.e., political, social, economic and
technological parameters and has been declared as the public health emergency
by the WHO as estimated, COVID-19 has affected more than 45 million across the
globe as of October 28, 2020. This pandemic has impacted the global orthopedic
power tool financial status of the business and among them is the private medical
device sector. It has given a negative impact in the field of development,
production and supply. The global lockdown has caused the closure of
industries, except for the manufacturing and production of necessary commodities
and distribution in the supply chain of the pharmaceutical kits for diagnosis and
Since orthopedic patients are at lower risk of
getting infected by the coronavirus, surgeons are still able to perform the
surgeries depending on the emergency and urgency required by the patients as
per the SICOT report in May 2020.
power tools Market: End-User
The orthopedic power tools are categorized by end
user as follows: Hospitals, Orthopedic Clinics, Ambulatory surgery centers.
Pre-hospitals and home care are likely to dominate the demand and growing
number of orthopedic tool-based surgeries regardless of its high cost but
relatively higher efficiency. With the increased availability of orthopedic
tools, patients are going to rely more on machine-focused surgery for
higher success rates.
Source: BlueWeave Consulting
Orthopedic power tools Market: Product type
Under the category of product type
orthopedic tools, we have large bone orthopedic tools, small bone orthopedic
tools, high-speed orthopedic tools, orthopedic reamers orthopedic tools, and
consumables orthopedic tools. Further, we have single-use power tools and
reusable power tools based on the modality of the orthopedic power tools.
Orthopedic power tools Market: By region
The global orthopedic power tools
market is divided into Asia-Pacific, North America, Europe, South America, and
Middle East region. North America is likely to dominate the global market owing
to excellent medical facilities, the willingness of hospitals to invest big, the high
income of people, and high injury rates. Asia-Pacific with rapidly developing
countries and a large number of the aging population will also contribute majorly.
Europe will follow the lead, followed by South America and the Middle East region.
Source: BlueWeave Consulting
Orthopedic power tools Market: By Technology
Based on the different technologies offered by orthopedic power
tools, the market is segmented into Pneumatic-Powered Systems, Electric-Powered
Systems, Battery Operated-Powered System and Corded Tools. Amidst the
segmentation Pneumatic powered systems anticipated to contribute with the significant growth rate in upcoming years.
With the rising
cases of osteoporosis, orthopedic Market is growing @ CAGR of 2% in Asia
Pacific followed by North America. Also, single use power tools are widely used
among other technologies because of its inexpensive nature.
Among all the
power technologies, Pneumatic-Powered Systems has the most lucrative market @
CAGR of 3.8%.
tools will procure the highest CAGR in the market and would become the most
lucrative product by the end of 2026.
clinics are estimated to be expanding as the fastest end-users in orthopedic power
tools market @ CAGR of 4.4%.
generated from ambulatory surgical centers will help increase @ CAGR lower than
those recovering from orthopedic clinics which are 1.3% & higher than those
from hospitals through the year 2026.
for the second largest market of the global orthopedic power tools market @
32.8% with the huge approval of funding by the European Union.
power tools resin market is fragmented owing to the presence of number of
companies that provide varied petroleum resin products. However, the companies
that hold the majority share ConMed Corporation, DePuy Sythes, Medtronic PLC,
Stryker Corporation, Zimmer Biomet, De Soutter Medical, B. Braun Melsungen AG,
NOUVAG AG, Medical Bees GmbH, IMEDICOM Co., Shanghai Bojin Medical Instrument
Co. Ltd, Allotech Co. Ltd,and other prominent players.
the Orthopedic power tools resin
market, prominent market participants compete on the basis of price and product
quality. Small and medium-sized market players are expected to show considerable
improvements in the foreseeable future, given the moderate level of capital
expenditure needed to set up a business. The large-sized companies, however,
are likely to aim for global expansion, in a bid to gain a more considerable
Scope of the
Historical data – 2017-2020
Base Year – 2021
Forecast – 2022 – 2027
Revenue in USD Million
US, Canada, Brazil, Mexico, Latin
America, Argentina, Germany, UK, Spain, South Korea, France, Italy, Russia,
China, India, Japan, Australia, GCC, Israel, South Africa, North Africa,
By product type, technology, end-user,
ConMed Corporation, DePuy Sythes,
Medtronic PLC, Stryker Corporation, Zimmer Biomet, De Soutter Medical, B.
Braun Melsungen AG, NOUVAG AG, Medical Bees GmbH, IMEDICOM Co., Shanghai
Bojin Medical Instrument Co. Ltd, Allotech Co.,Ltd
Scope of the Report
By Product Type
Large bone orthopedic tools
Small bone orthopedic tools
High-speed orthopedic tools
Orthopedic reamers orthopedic tools
Consumables orthopedic tools
Battery Operated-Powered System
Pneumatic powered systems