Global Surgical Drills Market To Hit Threshold Of Growth Through US$ 1,900.9 Million By 2027

December 2021 | Report Typeat: Electronic (PDF)

The introduction of innovative breakthroughs is expected to drive growth in the industry. Furthermore, increased consumption of these gadgets is the major sector for the business's development. Nevertheless, there is lesser industry knowledge of this special product. Moreover, this has a higher capacity to slice and close and is expected to increase in demand during the projection timeframe. It has raised the desire for non-invasive operations, which has the potential to develop the industry.

The rising proportion of medical procedures room treatments, as well as the rising frequency of critical illnesses including cardiac, orthopedic, and so on, are important factors boosting the worldwide industry. As per the World Health Organization (WHO), chronic illnesses are anticipated to account for around 73 percent of all fatalities and 60 percent of the worldwide illness impact by 2020. To avoid this, WHO developed the WHO Integrative Chronically Illness Preventive and Management Programme, which is one of the specialized programs under the Division of Chronically Disorders as well as Healthcare Prevention.

Consequently, the North American industry contributes to the majority of sales and is predicted to increase rapidly during the projection period. Increased occurrences of orthopaedic ailments are predicted to boost development in the county's primary audience. The Asia Pacific industry is expected to develop at the quickest rate in the perspective of income in the coming years. This is mostly due to increased consciousness of lifestyles diseases and expanding medical facilities, which are projected to fuel the targeted industry's development throughout the projected timeframe.

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Surgical Drills Market Report Highlights

• Medtronic gained FDA authorization for their Midas Rex high-speed devices, guided interbody as well as disc prep equipment employing the Mazor robotic navigation technology in January 2021.
• Jiomax, a German-based industry-leading in technology and teaching techniques for full-endoscopic as well as partially disruptive spine surgery, announced the worldwide debut of its latest version Shrill, the Shaver Drill Machine, on June 20, 2021.
• Stryker said that it has completed the purchase of Menlo Park-based Gauss Surgical, which will take place in September 2021. Gauss Surgical developed Triton TM, an artificial intelligence-enabled system enabling real-time blood loss tracking throughout the surgery.

SURGICAL DRILLS MARKET SEGMENTATION

The research report published by Market Research Strategy contains industry segments, as below-

Surgical Drills Product Outlook (Revenue, USD Million, 2016 - 2027)

• Instruments
  • Electric Drill
  • Pneumatic Drill
  • Battery Drill
• Accessories

Surgical Drills Type Outlook (Revenue, USD Million, 2016 - 2027)

• Disposable
• Reusable

Surgical Drills Application Outlook (Revenue, USD Million, 2016 - 2027)

• ENT
• Orthopedic
• Neurological
• Dental
• Others

Surgical Drills End-Use Outlook (Revenue, USD Million, 2016 - 2027)

• Specialty Clinics
• Hospitals & ASCs

Surgical Drills Regional Outlook (Revenue, USD Million, 2016 - 2027)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • South Africa

List of Key Players- Surgical Drills Market

• Adeor medical AG
• AlloTech Co.Ltd.
• Arthrex, Inc.
• Braun Melsungen AG
• CONMED Corporation
• Conmed Corporation
• De Soutter Medical
• Dentsply Sirona
• DePuy Synthes
• Institut Straumann AG
• Integra Life Science
• Medtronic plc
• Stryker Corporation
• Teleflex Incorporated
• Zimmer Biomet Holdings, Inc.

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