Surgical Power Tools Market by Product (Drill, Saw, Reamer, Shaver, Wire Driver, Power Source, Accessories), Application (Orthopedic, Neuro, Dental, ENT, Cardiothoracic), Usage (Reusable, Disposable), End User (Hospital, Clinic) - Global Forecast to 2030

The Surgical Power Tools Market is projected to reach $3.25 billion by 2030, at a CAGR of 4.3% during the forecast period 2024–2030. A surgical power tool is an instrument used in bone or bone fragment surgery. These surgical power tools are designed for drilling, sawing, reaming, and screwing. Applications of the surgical power tools can be found primarily in orthopedic surgery, traumatology, neurology, and ENT surgery. These tools are the most important part of modern surgical procedures as they enable surgeons to perform the surgeries with higher accuracy and precision.

Growing prevalence of neurological disorders is Driving the Market Growth

Increasing incidences of neurological disorders are boosting the growth of the global surgical power tools market. According to WHO 2022 report, nervous system disorders are the leading cause of ‘disability-adjusted life year’ (DALY) and the second leading cause of death globally. Rising cases of neurological disorders among the geriatric population resulted in an increased burden of disorders, leading to a rise in neurosurgeries. Surgical power tools are widely used in neurosurgery processes and minimally invasive neurosurgeries. This, in turn, led to the demand for surgical power tools. Furthermore, growing preferences for minimally invasive neurosurgeries in emerging countries due to increased adoption of advanced surgical tools, the presence of qualified healthcare professionals, and increasing investments by major market players support the market growth. Moreover, high precision, improved reliability, and ease of use make surgical power tools the preferred choice for neurological surgeries.

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Technological advancements in surgical power tools to spur the market growth

Major players in the surgical power tools market focus on advancing ergonomics, motors, and batteries. For instance, surgical power tools provided by key market players such as Johnson & Johnson and Medtronic minimized the necessity of other devices in surgical procedures. Further, the availability of 18-volt devices in electric motors makes them more powerful for use in critical surgical operations. Additionally, enhanced reliability and a fine degree of operator control with the introduction of brushless motors embedded with hi-tech sensors support surgical power tools. The increased precision of surgical power tools helps reduce the overall procedure cost and improve the battery life. Thus, technological advancements have spurred the use of surgical power tools in many surgical procedures. Also, increasing investments by major players in developing and launching innovative products drive market growth.

Key Findings in the Global Surgical Power Tools Market Study:

Based on product, in 2024, the handpieces segment is expected to account for the largest share

Growth of the handpieces segment is mainly attributed to the increasing demand for advanced drills and saws tools in orthopedic surgery. Optimal power flow features, seamless surgical delivery, and increased compatibility with a wide range of reusable and disposable accessories make it the preferred choice for surgical professionals. Moreover, handpieces can be used in a wide range of surgical procedures, significantly driving the segment growth.

Based on application, the neurosurgery segment is projected to register the highest CAGR during the forecast period

The growth of the neurosurgery segment is expected to be driven by the increasing adoption of minimally invasive neurosurgeries. Increasing preference for surgical-powered tools in several surgical procedures, including brain surgery, drives segment growth. Moreover, increasing patient preference for minimally invasive neurosurgeries due to shorter incision lengths, less recovery time than traditional surgeries, less trauma and tissue disruption, and reduced hospital stay also contribute to the segment’s growth.

Based on usage, the disposable tools segment is projected to register the highest CAGR during the forecast period

The large market share of disposable surgical power tools is attributed to the increasing cost of surgeries and growing awareness to reduce infection spread. Compared to traditional reusable surgical power tools, there has been a significant shift in the surgical power tools sector toward the use of disposable surgical power tools. Traditional power tools are reused on multiple patients and often reused in hospital settings after each surgery. This increases an individual's risk of infection. Furthermore, the use of traditional power tools negatively impacts workflow efficiency, which drives the segment’s growth.

Based on end user, in 2024, the hospitals segment is expected to account for the largest share

The large market share of this segment is attributed to the increasing preference for hospitals and ambulatory surgical centers to perform critical surgeries. In addition, the availability of qualified staff, advanced surgical tools, and a well-established lab setup significantly contribute to the segment's growth.

North America: largest regional market

The growth of this market is attributed to the increasing number of brain surgeries, bone injuries by accidents, and other neurological disorders. In addition, the availability of skilled neurosurgeons, well-established healthcare infrastructure, and growing awareness about minimally invasive surgeries drives the market growth in the region. Furthermore, increased FDA approvals for newly-launched devices and new product launches by major market players in the region also contribute to the growth of this segment.

Key Players

The report includes a competitive landscape based on an extensive assessment of the key strategic developments that led market participants to adopt over the past three years. The key players profiled in the global surgical power tools market report are Medtronic Plc (Ireland), ConMed Corporation (U.S.), B. Braun Melsungen AG (Germany), Zimmer Biomet Holdings, Inc. (U.S.), Johnson & Johnson (U.S.), Stryker Corporation (U.S.), De Soutter Medical Limited (U.K.), AlloTech Co. Ltd. (South Korea), Smith & Nephew plc (U.K.), and NOUVAG AG (Switzerland).

Scope of the Report:

Surgical Power Tools Market, by Product

• Handpieces
  • Drills
  • Saws
  • Reamers
  • Shavers
  • Wire/Pin Drivers
  • Other Handpieces
• Power Source & Controls
  • Electric Consoles
  • Batteries
  • Pneumatic Regulators
• Accessories
  • Surgical Accessories
  • Electrical Accessories
  • Other Accessories

Surgical Power Tools Market, by Application

• Orthopedic Surgery
• Neurosurgery
• Dental and Craniomaxillofacial Surgery
• ENT Surgery
• Cardiothoracic Surgery
• Plastic & Reconstructive Surgery

Surgical Power Tools Market, by Usage

• Reusable Tools
• Disposable Tools

Surgical Power Tools Market, by End User

•  Hospitals
•  ASCs and Clinics

Surgical Power Tools Market, by Geography

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Rest of Europe (RoE)
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • Rest of APAC (RoAPAC)
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America (RoLATAM)
• Middle East & Africa

Key questions answered in the report: