What is Powered Surgical Handpieces Market?
Powered surgical handpieces are specially designed tools or devices that aid in the performance of a variety of operations, including orthopedic surgery, ENT surgery, neurosurgery, and oral and maxillofacial surgery. These are routinely used in many surgical procedures for various applications such as cutting, drilling, and sawing. Handpiece instruments are further divided into drilling systems, reamers, saws, staplers, razors, and others. With the rise in Covid-19 infections around the world, there is also growing concerned about a lack of life-saving equipment and other important medical aids to prevent the spread of this pandemic and to provide optimal care for those infected. Until a pharmacological treatment is developed, ventilators are an important treatment preference for those COVID-19 patients who may need intensive care.
The market study is being classified by Type (Drills, Saws, Reamers, Staplers, Shavers, Wire/Pin Drivers and Others), by Application (Orthopedic, ENT, Cardiothoracic, Neurology and Others) and major geographies with country level break-up.
Stryker Corporation (United States), Johnson & Johnson (United States), B. Braun (Germany), Medtronic (Ireland), Conmed (United States), Smith & Nephew (United Kingdom), Zimmer Biomet (United States) and De Soutter Medical (United Kingdom) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Powered Surgical Handpieces market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Powered Surgical Handpieces market by Type, Application and Region.
On the basis of geography, the market of Powered Surgical Handpieces has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Aging Population
- A Rise in Healthcare Spending
- Increasing Volume of Global Surgical Procedures
- Increasing Demand for Minimally Invasive Surgeries
- A Rise in the Prevalence of Lifestyle Diseases
- Increased Accessibility to Healthcare and Medical Tourism
- Inadequate Quality Assurance
- A Massive Demand for Modern Surgical Tools and Techniques
- Technological Advancements and Innovations in Robotic Surgery Have Significantly Aided Growth
- Lack of Proper Sterilization Practices
Key Target AudienceManufacturers of Powered Surgical Handpieces, Suppliers and Distributors of Powered Surgical Handpieces, End-Users, Potential Investors, Market Research Firms and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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