Published on : Jan 22, 2019
Albany, New York, January 22, 2019: Surgical drills are used to perform various surgical procedures like orthopedic surgery, dental & ENT surgeries and neurosurgery. They are primarily used to drill, cut, fix, as well as bore holes in bone for attaching surgical pins, screws or plates. Over the years, the market for surgical drills is rising due to increase in the count of people suffering from chronic diseases. To study the exact market scenario, Market Research Hub (MRH) has added a new study titled “Surgical Drills Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”, which focuses on the market size and revenue forecast for the period until 2026.
As per research findings, the global surgical drills market acquired close to US $ 410 Mn in 2017. It is projected the market will expand at a CAGR of 4.5% during the period between 2018 and 2026. The report starts with the market definition and scope followed by key research objectives and research highlights. Readers can learn about industry developments and market dynamics including drivers, restraints and opportunities impacting the global surgical drills market.
The next section delivers a market segmentation of the surgical drills market on the basis of product, end-user, application and region. Based on product type, the global market is classified into battery-powered drills, electric drills, accessories & others. On the basis of application, the global surgical drills market is divided into neurosurgery, orthopedic, dental, ENT and others. The primary end-users studied in this report are hospitals, clinics, ASCs, and others. Each of these segments are analyzed in terms of market value forecast and market attractiveness.
Geographically, the global surgical drills market has been categorized into North America, Asia Pacific, Latin America, Europe and Middle East & Africa. Among these, North America emerged as the dominant region in the global surgical drills market during 2017, as a result of rise in the count of surgical procedures, existence of major players in the region, as well surge in healthcare expenditure. In addition, Asia Pacific and Latin America are seen as prospective markets for surgical drills owing to improved healthcare infrastructure.
The final section of the report deals with the company profiles section which covers key information about the prime players operating in the global surgical drills market. Stryker Corporation, Medtronic plc, DePuy Synthes, Zimmer Biomet Holdings, Inc., CONMED Corporation, adeor medial AG, De Soutter Medical, Arthrex, Inc., B.Braun Melsungen AG and AlloTech Co.Ltd., are some of the major players included in the report. Each of these companies have been summarized in the report on the basis of parameters like business strategies, product portfolio, financial overview, company overview business segments and recent developments.
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