The global powered surgical instruments market is foreseen to grow at 4.2%, from USD 2.6 Billion
in 2021 to USD 3.6 Billion in 2029. Growing adoption and acceptance of
arthroscopy & minimally invasive procedures, and technological innovations
such as surgical robotics.
The Pandemic
has had ramifications for ways of working, of various surgical procedures
including orthopedic surgeries. There are strict guidelines specific to each
specialty that has to be implemented and followed, for orthopedic surgeons to
be able to continue to provide safe and effective care to their patients during
the COVID-19 pandemic. The volume of orthopedic surgeries has significantly
declined during the pandemic, owing to the stringent guidelines by the
regulatory authorities to avoid all non-emergent surgeries. According to the
study published in the British Journal of Surgery, in May 2020 title
"Elective surgery cancellations due to the COVID-19 pandemic: global
predictive modeling to inform surgical recovery plans" based on a 12-week
period of peak disruption to hospital services due to COVID-19, around 28.4
million elective surgeries worldwide will be canceled or postponed in 2020.
More than 580,000 planned surgeries in India were canceled or delayed as a
result of the COVID-19 pandemic, thus the Covid-19 have moderately impacted the
market growth.
Market Segmentation
For the purpose
of this report, the global powered surgical instruments market is segmented on
the basis of product source, product type, application, end user and region:
By Power Source
|
Battery-Powered
Instruments
|
Electric
Instruments
|
Pneumatic
Instruments
|
|
By Product Type
|
Handpieces
|
Drill
Systems
|
Reamer
Systems
|
Saw
Systems
|
Power
Sources and Controls
|
Batteries
|
Electric
Consoles
|
Pneumatic
Regulators
|
Accessories
|
Electrical
Accessories
|
Surgical
Accessories
|
Other
Accessories
|
|
By Application
|
Cardiothoracic
Surgery
|
Ent
Surgery
|
Neurosurgery
|
Oral
and Maxillofacial Surgery
|
Orthopedic
Surgery
|
Plastic
and Reconstructive Surgery
|
Product Source Outlook:
On the basis of
power source, the market is segmented into battery-powered instruments,
electric instruments, pneumatic instruments.
Figure 1 - Powered Surgical Instruments
Market, By Product Source (Market Size And Forecast By Value - USD Million,
2021 & 2029)

Product Type Outlook:
On the basis of
product, the market is segmented into handpieces, power sources and controls,
accessories. Further, handpieces is segmented into drill systems, reamer
systems, saw systems. Further, power sources and controls is segmented into
batteries, electric consoles, pneumatic regulators. Further, accessories is
segmented into electrical accessories, surgical accessories, other accessories.
Figure 2 - Product Type Outlook (Revenue, USD
Million, 2021)
