Surgical Drills Market Status (2016-2020) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2021-2027
Report Description
The global Surgical Drills market size is estimated at USD 1,204.8 million in 2020, expanding at a CAGR 6.8% from 2021-2027 to reach 1,900.9 million USD in 2027.
Market Dynamics
A surgical drill is a tool used to bore openings in bone for the attachment of bolts, slabs, or surgeon staples. These surgery tools are frequently used to remove cavities or reshape teeth before placing a repair. Furthermore, the devices are used in a variety of surgical treatments, including dentistry, neurosurgery, ENT, and orthopedic operations.
The rising frequency of orthopedic problems including spinal abnormalities, spinal accidents, and osteoarthritis, among several others, is one of the major factors propelling the worldwide surgery drills industry. According to data from the American Orthopedic Association (AOA), approximately 1.5 million persons in the United States just were struggling with osteoarthritis in 2017. Furthermore, the European Federation of National Associations of Orthopedics and Traumatology (EFFORT) revealed that there were approximately 2.5 million injuries documented throughout Europe in 2015, with the number anticipated to rise to 4.5 million individuals by 2050.
With continual technical improvements, the worldwide surgery drills industry is at a rapid pace. Furthermore, there was an increase in the need for such systems and technology from important end customer usage industries. All these, too, are expected to contribute to the aggregate growth of the worldwide industry.
Regional Insights
Internationally, Americans are expected to lead the worldwide market due to a growth in orthopedic operations, increased knowledge of oral treatment, as well as an expansion in oral treatments and operations. The advancement of improved medical methods and enhanced therapeutic methods has had a favorable impact on the expansion of the American marketplace.
Because of the expansion of the health industry in emerging nations such as India and China, the industry in the Asian market has seen tremendous expansion. Furthermore, increased government financing for medicine, increasing Research investment, and increasing numbers of medicinal device businesses in the area have resulted in the area's quickest development throughout the projection timeframe. Throughout the projected timeframe, the Middle East and Africa market is expected to provide small development possibilities in the market.
Segment Insights
The Surgical Drills industry is divided into four sections: product, Types, Application, and end-use. In terms of End-Use hospitals and ASCs had the lion's share of the market. The segment's supremacy may be attributable to the increased number of procedures conducted in hospitals and operating rooms, as well as acceptable compensation schemes granted by institutions in developing nations.
Depending on the application, the orthopedic section had the lion's share. The supremacy is linked to the rising prevalence of orthopedic problems in the worldwide demographic, which has increased the number of patients receiving surgical treatments.
Competitive Insights
The surgical drills industry is highly fragmented, having most competitors vying for larger industry positions. High competitiveness and quick technology improvements are important market challenges. Increased emphasis on the creation of new goods will allow the businesses to increase their market share. For example, in March 2019, NSK introduced the S-Max M line, the next step in the development of their well-regarded handpieces.
The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of Surgical Drill's by-product, Type, Application, End-Use region, and Type. In addition, this report introduces the market competition situation among the vendors, and the company profile, besides, market price analysis, and value chain features are covered in this report.
Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):
- 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.
Product Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):
- Instruments
- Electric Drill
- Pneumatic Drill
- Battery Drill
- Accessories
Type Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Disposable
- Reusable
Application Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- ENT
- Orthopedic
- Neurological
- Dental
- Others
End-Use Coverage (Market Size & Forecast, Main Consumer Analysis etc.):
- Specialty Clinics
- Hospitals & ASCs
Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):
- North America (U.S., and Canada)
- Europe (Germany, U.K., France, Italy, Spain etc.)
- Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
- South America (Brazil, Mexico, Argentina etc.)
- Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)
Table Of Content
1. Surgical Drills Market Overview
1.1. Product Overview and Scope of Surgical Drills
1.2. Global Market Growth Prospects and Revenue Estimates
1.3. Global Surgical Drills Market Size Growth Rate Analysis by Product 2020 VS 2027
1.3.1. Instruments
1.3.1.1. Electric Drill
1.3.1.2. Pneumatic Drill
1.3.1.3. Battery Drill
1.3.2. Accessories
1.4. Global Surgical Drills Consumption Comparison by Type: 2020 VS 2027
1.4.1. Disposable
1.4.2. Reusable
1.5. Global Surgical Drills Consumption Comparison by Application: 2020 VS 2027
1.5.1. ENT
1.5.2. Orthopedic
1.5.3. Neurological
1.5.4. Dental
1.5.5. Others
1.6. Global Surgical Drills Consumption Comparison by End-Use: 2020 VS 2027
1.6.1. Specialty Clinics
1.6.2. Hospitals & ASCs
1.7. Global Surgical Drills Market Size Estimates and Forecasts by Region: 2020 VS 2027
1.7.1. North America Surgical Drills Estimates
1.7.2. Europe Surgical Drills Estimates
1.7.3. China Surgical Drills Estimates
1.7.4. Japan Surgical Drills Estimates
2. Market Competition by Manufacturers
2.1. Global Surgical Drills Revenue Market Share by Manufacturers (2020)
2.2. Surgical Drills Market Share by Company Product (Tier 1, Tier 2 and Tier 3)
2.3. Global Surgical Drills Average Price by Manufacturers (2016-2021)
2.4. Manufacturers Surgical Drills Production Sites, Area Served, Product Types
2.5. Surgical Drills Market Competitive Situation and Trends
2.5.1. Surgical Drills Market Concentration Rate
2.5.2. Mergers & Acquisitions, Expansion
3. Global Surgical Drills Consumption by Region (2016-2021)
3.1. Global Surgical Drills Consumption by Region
3.2. Global Surgical Drills Consumption Market Share by Region
3.2.1. North America
3.2.2. North America Surgical Drills Consumption Growth Rate (2016-2021)
3.2.3. North America Surgical Drills Consumption, Price and Gross Margin (2016-2021)
3.2.4. North America Surgical Drills Consumption by Country
3.2.4.1. U.S.
3.2.4.2. Canada
3.2.5. Europe
3.2.6. Europe Surgical Drills Consumption Growth Rate (2016-2021)
3.2.7. Europe Surgical Drills Consumption, Price and Gross Margin (2016-2021)
3.2.8. Europe Surgical Drills Consumption by Country
3.2.8.1. Germany
3.2.8.2. U.K.
3.2.8.3. France
3.2.8.4. Italy
3.2.8.5. Spain
3.2.9. Asia Pacific
3.2.10. Asia Pacific Surgical Drills Consumption Growth Rate (2016-2021)
3.2.11. Asia Pacific Surgical Drills Consumption, Price and Gross Margin (2016-2021)
3.2.12. Asia Pacific Surgical Drills Consumption by Country
3.2.12.1. China
3.2.12.2. India
3.2.12.3. Japan
3.2.12.4. Indonesia
3.2.12.5. Malaysia
3.2.12.6. Australia
3.2.12.7. South Korea
3.2.13. South America
3.2.14. South America Surgical Drills Consumption Growth Rate (2016-2021)
3.2.15. South America Surgical Drills Consumption, Price and Gross Margin (2016-2021)
3.2.16. South America Surgical Drills Consumption by Country
3.2.16.1. Brazil
3.2.16.2. Mexico
3.2.16.3. Argentina
3.2.17. Middle East and Africa
3.2.18. Middle East and Africa Surgical Drills Consumption Growth Rate (2016-2021)
3.2.19. Middle East and Africa Surgical Drills Consumption, Price and Gross Margin (2016-2021)
3.2.20. Middle East and Africa Surgical Drills Consumption by Country
3.2.20.1. Saudi Arabia
3.2.20.2. Kuwait
3.2.20.3. UAE
3.2.20.4. South Africa
4. Global Surgical Drills Consumption by Product (2016-2021)
4.1. Global Surgical Drills Price by Product (2016-2021)
4.2. Global Surgical Drills Revenue Market Share by Product (2016-2021)
4.2.1. Instruments
4.2.1.1. Electric Drill
4.2.1.2. Pneumatic Drill
4.2.1.3. Battery Drill
4.2.2. Accessories
5. Global Surgical Drills Consumption by Type (2016-2021)
5.1. Global Surgical Drills Price by Type (2016-2021)
5.2. Global Surgical Drills Revenue Market Share by Type (2016-2021)
5.2.1. Disposable
5.2.2. Reusable
6. Global Surgical Drills Consumption by Application (2016-2021)
6.1. Global Surgical Drills Price by Application (2016-2021)
6.2. Global Surgical Drills Revenue Market Share by Application (2016-2021)
6.2.1. ENT
6.2.2. Orthopedic
6.2.3. Neurological
6.2.4. Dental
6.2.5. Others
7. Global Surgical Drills Consumption by End-Use (2016-2021)
7.1. Global Surgical Drills Price by Application (2016-2021)
7.2. Global Surgical Drills Revenue Market Share by End-Use (2016-2021)
7.2.1. Specialty Clinics
7.2.2. Hospitals & ASCs
8. Key Companies Profiled
8.1. Adeor medical AG
8.1.1. Adeor medical AG Surgical Drills Corporation Information
8.1.2. Adeor medical AG Surgical Drills Product Portfolio
8.1.3. Adeor medical AG Surgical Drills Consumption, Price and Gross Margin (2016-2021)
8.1.4. Adeor medical AG Main Business and Markets Served
8.1.5. Adeor medical AG Recent Developments/Updates
8.2. AlloTech Co.Ltd.
8.3. Arthrex, Inc.
8.4. Braun Melsungen AG
8.5. CONMED Corporation
8.6. Conmed Corporation
8.7. De Soutter Medical
8.8. Dentsply Sirona
8.9. DePuy Synthes
8.10. Institut Straumann AG
8.11. Integra Life Science
8.12. Medtronic plc
8.13. Stryker Corporation
8.14. Teleflex Incorporated
8.15. Zimmer Biomet Holdings, Inc.
9. Marketing Channel, Distributors and Customers
9.1. Marketing Channel
9.2. Surgical Drills Distributors List
9.3. Surgical Drills Customers
10. Market Dynamics
10.1. Surgical Drills Industry Trends
10.2. Surgical Drills Growth Drivers
10.3. Surgical Drills Market Challenges
10.4. Surgical Drills Market Restraints
11. Global Surgical Drills Consumption and Demand Forecast, by Region (2022-2027)
11.1. Global Forecasted Demand Analysis of Surgical Drills, by Regions and Country
11.1.1. North America Forecasted Consumption of Surgical Drills by Country
11.1.2. Europe Market Forecasted Consumption of Surgical Drills by Country
11.1.3. Asia Pacific Market Forecasted Consumption of Surgical Drills by Region
11.1.4. Latin America Forecasted Consumption of Surgical Drills by Country
11.1.5. Middle East and Africa Forecasted Consumption of Surgical Drills by Country
12. Research Finding and Conclusion
13. Methodology and Data Source
13.1. Methodology/Research Approach
13.1.1. Research Programs/Product
13.1.2. Market Size Estimation
13.1.3. Market Breakdown and Data Triangulation
13.2. Data Source
13.2.1. Secondary Sources
13.2.2. Primary Sources
13.3. Author List
13.4. Disclaimer
Research Methodology
Our research studies are primarily performed in five phases which include Secondary Research, Primary Research, Subject Matter Expert Advice, Quality Check, and Final Review. The process opted for conducting thorough research to make authentic business reports is briefly described below-
Secondary Research-
- Based on the understanding of requirements, we conducted secondary research to identify the Segment specifications, qualitative and quantitative data along with the factors responsible for the growth of the market.
- The secondary sources referred for the study include press releases, company annual reports, and research papers related to the industry.
- Various sources such as industry magazines, trade journals, government websites, and associations were also reviewed for gathering precise analysis on opportunities for business expansions in the market.
- Moreover, quantitative as well as qualitative data were also extracted from paid databases, which included Reuters, Factiva, Bloomberg, One Source, and Hoovers, which proved to be useful for in-depth technical study of the market.
Primary Research-
- The research carried out during the desk research was verified by primary interviews. Primary research was scheduled with a number of industry experts for conducting telephonic interviews, and also our team send questionnaires through their official emails.
- The secondary data collected was then verified by various industry participants which included Segment managers, marketing managers, VPs, CEOs, purchasing managers, subject matter experts.
- An interview with the mentioned participants aids invalidation of our research findings regarding the Segment.
- It helps in the provision of first-hand data on factors such as market size, growth, regional trends, market trends, and competition in the industry. This approach makes our findings precise in order to help our clients in strategic decision-making processes.
Subject Matter Advice-
- The secondary and primary research key findings were then validated by the in-house subject matter experts having extensive experience in the market research industry.
- Specific requirements of the clients were reviewed by the experts to check for completion of the market study. Experts help in channelizing the representation skills of the analyst in terms of providing data that can be easily understood by our customers.
Quality Check-
- The analysis done by the research team was further reviewed to check for data accuracy provided to suit the clients’ specific requirements.
- This revision was done in various phases to check the data authenticity and to remove negligible errors in the final compilation.
Final Review-
- After the quality check, a final review of the report was done to look after the presentation, formatting, and to recheck if all the requirements of the clients were addressed. The next phase remains dispatch of the report to the client.
Enquire Before Purchase
Frequently Asked Questions
Why Choose Market Research Strategy?
We utilize market analysis/information from verified authenticated data sources to scoop accurate research reports
We understand the urgency of our clients and their clients' in the competitive space thus, deliver the report in minimum turnaround
Without further ado, choose us and get instant access to reliable analysis to help you make the right business decisions.
We abide by the information security policy and adheres to keep your private and business information confidential and secure.