Current organizations choose arrangement of Statistical Survey Report for example Statistical Survey Report of Motorized Surgical Instruments Market as it helps in more developed dynamics and higher income age. The survey and conversation about important industry models, market size, pie gauges part are referenced in the report. This market report further contains the drivers and restraints of the Motorized Surgical Instruments market which are obtained from the SWOT examination, and further shows what each of the new events, item shipments, joint efforts, consolidations and acquisitions by the few core members and brands that drive the market through core organizational profiles.
The trusted report on the Motorized Surgical Instruments Market helps focus on the most important parts of the market like late market trends. This market concentrate further studies the state of the market, rate of development, future patterns, market drivers, openings and difficulties, dangers and obstructions of sections, transaction channels, merchants and the Porter’s Five Forces Analysis. The surveys and assessments made through the use of the generous data accumulated in this market report are incredibly fundamental to either governing the market or establishing itself in the market as a new one. The market analysis report of Motorized Surgical Instruments Market also contains the list of major competitors and their movements such as joint ventures, acquisitions and mergers etc.
The Motorized Surgical Instruments Market registers a stable CAGR of 4.15% during the forecast period 2019-2026. The report contains data for the base year 2018 and the historical year 2017. The increase in the market can be attributed to the increasing number of minimally invasive surgeries and the increase in robot-assisted surgeries which have contributed to market growth.
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Key market competitors:
Some of the major market competitors currently working in the global motorized surgical instrument market include Medtronic, Johnson & Johnson Services Inc., B. Braun Melsungen AG, Stryker, Smith & Nephew Inc., Zimmer Biomet, CONMED Corporation, Abbott, DePuy Synthes, De Soutter Medical, Allotech Inc., adeor medical AG, Exactech Inc., Apothecaries Sundries Mfg. Co., Star Medical, Surtex Instruments Limited, RIMEC SRL, MicroAire Surgical Instruments LLC., GEISTER MEDIZINTECHNIK GmbH and Wuhu Ruijin Medical Instrument & Device Co, Ltd. among others.
Global Surgical Instruments Market Powered by Power Source (Electric Instruments, Battery Operated Instruments, Pneumatic Instruments), Product (Handpieces, Power Sources and Controls, Accessories), Application (Orthopedic Surgery, Oral and Maxillofacial Surgery , Neurosurgery, Ort Surgery, Cardiothoracic Surgery, Plastic and Reconstructive Surgery), Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa) – Industry Trends and Forecasts to 2026
The motorized surgical instruments market is highly fragmented and the major players have used various strategies such as new product launches, extensions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprint in this market. The report includes the market share of the Motorized Surgical Instruments market for the world, Europe, North America, Asia-Pacific, South America, Middle East & Africa.
Motorized surgical instruments are instruments that are used to aid in various types of surgeries. Motorized surgical instruments are either pneumatic or electric through a power source. These instruments offer greater efficiency and thus reduce the time required for surgery. Motorized surgical instruments can be used to clean, inspect and sterilize at the time of the procedure. Various developments and innovations in the fields of neurology, dentistry, cardiology, orthopedics and otology have increased the demand for motorized surgical instruments.
- Geriatric population is increasing, which has resulted in the growth of the market
- Adoption of arthroscopy and minimally invasive procedures has increased, which has driven the market growth
- Various technological innovations are underway, such as surgical robotics, which has fueled the growth of the market
- The number of surgeries has increased worldwide which has contributed to the growth of the market
- Rising prevalence of lifestyle-related diseases has propelled market growth
- Excise tax has been imposed in the United States, hampering market growth
- Challenges like repayment hamper market growth
- Competition for high prices has held back the growth of the market
- There are very few qualified professionals which hinders the growth of the market
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Key developments in the market:
- In January 2019, Medtronic launched the Mazor X Stealth robot-assisted spine surgical platform in the United States. It will improve the accuracy and precision of spine surgery. It enhances visualization and navigation using 3D planning and information systems and workflow predictability through the use of real-time image guidance. This launch will expand the company’s offering in the healthcare market and increase its market share.
- In March 2018, Stryker launched the Stryker F1 Small Bone Power System. It provides balanced, cordless and lightweight solutions for surgical procedures. It maintains no loss of potency and has a 30 day shelf life and provides consistent power and uptime. This product launch expanded the company’s product portfolios.
Reasons to buy this report
- Current and future outlook of the global motorized surgical instruments market in developed and emerging markets
- The segment which is expected to dominate the market as well as the segment which holds the highest CAGR during the forecast period
- Regions / countries expected to experience the fastest growth rates during the forecast period
- The latest developments, market shares and strategies used by major market players
Customization of the report:
- All segmentations provided above in this report are represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may result in little or no additional costs (depending on the customization)
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