Powered Surgical Instruments: Global Strategic Business Report

Global Powered Surgical Instruments Market to Reach $2.6 Billion by 2030

The global market for Powered Surgical Instruments estimated at US$2 Billion in the year 2022, is projected to reach a revised size of US$2.6 Billion by 2030, growing at a CAGR of 3.7% over the analysis period 2022-2030. Electric Instruments, one of the segments analyzed in the report, is projected to record a 3.4% CAGR and reach US$1.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Battery-powered Instruments segment is readjusted to a revised 4.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $536.6 Million, While China is Forecast to Grow at 6.1% CAGR

The Powered Surgical Instruments market in the U.S. is estimated at US$536.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$532.4 Million by the year 2030 trailing a CAGR of 6.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$346.6 Million by the year 2030.

Select Competitors (Total 38 Featured) -

• adeor medical AG
• AlloTech Co., Ltd.
• B. Braun Melsungen AG
• ConMed Corporation
• Johnson & Johnson
• Medtronic PLC
• Microaire Surgical Instruments, Inc.
• Smith & Nephew PLC
• Stryker Corporation
• Zimmer Biomet Holdings, Inc.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year