North America Powered Surgical Instruments Market worth USD 4.83 billion by 2021
North America Powered Surgical Instruments Market value was worth USD 3.53 billion in 2016 and estimated to be growing at a CAGR of 6.46%, to reach USD 4.83 billion by 2021
(EMAILWIRE.COM, December 19, 2017 ) North America Powered Surgical Instruments Market value was worth USD 3.53 billion in 2016 and estimated to be growing at a CAGR of 6.46%, to reach USD 4.83 billion by 2021. A powered surgical instrument is a device designed especially for a specific procedure during a surgery. Sources of power for powered surgical instruments are either electrical or pneumatic, the former of which includes line current and batteries. Pneumatic power sources utilize compressed gases such as nitrogen, carbon dioxide, or compressed air.
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The conventional surgery involves large incision and causes a lot of trauma to soft tissues which are present in the areas of injury. Minimally invasive procedures achieves the same goal and decreases the trauma by small incisions itself. Surgeries including orthopaedic procedures, ENT surgeries, complex spine surgeries, and neurosurgeries can be treated using minimally invasive techniques. Conditions related to joint replacement, arthroscopic repairs of sports injuries, and microscopic treatment of musculo-skeletal conditions which are complex in nature use minimally invasive techniques. This will subsequently push vendors in introducing more variants of powered surgical instruments used in minimally invasive procedures.
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The driving factors of North America powered surgical instruments market are innovative technological achievements such as surgical robotics, rising prevalence of chronic diseases like cancer, cardiovascular diseases, orthopaedic conditions and neurological diseases, medical tourism, rising investment in health care and growing prevalence of lifestyle related diseases among others. However, the market is constrained by factors like inadequate quality assurance, lack of adequate sterilization processes and rising pressure on healthcare providers to reduce costs among others.
North America Powered Surgical Instruments Market Segmentation, based on the basis of application into oral and maxillofacial surgery, orthopaedic surgery, neurosurgery, ENT surgery, plastic and reconstructive surgery and cardiothoracic surgery. On the basis of power source, the market is divided into battery powered instruments, electric instruments and pneumatic instruments. By product the market is divided into power source and controls, accessories and handpieces. Power source and controls is further divided into electric consoles, batteries and pneumatic regulators. Handpieces is further segmented into drills, saws, reamers, shavers, staplers, pin drivers and others. Accessories is further divided into surgical accessories, electrical accessories and other accessories.
The North America Powered Surgical Instruments market is divided based on geography into United States, Canada and Mexico. North America has the largest market for powered surgical instruments in the world by share. In the North America region, United States has the largest market share. Factors such as growing incidence of chronic diseases and rising technological achievements is expected to drive the market growth in the region.
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Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
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The conventional surgery involves large incision and causes a lot of trauma to soft tissues which are present in the areas of injury. Minimally invasive procedures achieves the same goal and decreases the trauma by small incisions itself. Surgeries including orthopaedic procedures, ENT surgeries, complex spine surgeries, and neurosurgeries can be treated using minimally invasive techniques. Conditions related to joint replacement, arthroscopic repairs of sports injuries, and microscopic treatment of musculo-skeletal conditions which are complex in nature use minimally invasive techniques. This will subsequently push vendors in introducing more variants of powered surgical instruments used in minimally invasive procedures.
Get Free Sample Report @ https://www.marketdataforecast.com/market-reports/north-america-powered-surgical-instruments-market-3973/request-sample
Buy now report @ https://www.marketdataforecast.com/cart/buy-now/north-america-powered-surgical-instruments-market-3973/
The driving factors of North America powered surgical instruments market are innovative technological achievements such as surgical robotics, rising prevalence of chronic diseases like cancer, cardiovascular diseases, orthopaedic conditions and neurological diseases, medical tourism, rising investment in health care and growing prevalence of lifestyle related diseases among others. However, the market is constrained by factors like inadequate quality assurance, lack of adequate sterilization processes and rising pressure on healthcare providers to reduce costs among others.
North America Powered Surgical Instruments Market Segmentation, based on the basis of application into oral and maxillofacial surgery, orthopaedic surgery, neurosurgery, ENT surgery, plastic and reconstructive surgery and cardiothoracic surgery. On the basis of power source, the market is divided into battery powered instruments, electric instruments and pneumatic instruments. By product the market is divided into power source and controls, accessories and handpieces. Power source and controls is further divided into electric consoles, batteries and pneumatic regulators. Handpieces is further segmented into drills, saws, reamers, shavers, staplers, pin drivers and others. Accessories is further divided into surgical accessories, electrical accessories and other accessories.
The North America Powered Surgical Instruments market is divided based on geography into United States, Canada and Mexico. North America has the largest market for powered surgical instruments in the world by share. In the North America region, United States has the largest market share. Factors such as growing incidence of chronic diseases and rising technological achievements is expected to drive the market growth in the region.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
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Market Data Forecast.
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results