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
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 192 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 2 Billion |
Forecasted Market Value ( USD | $ 2.6 Billion |
Compound Annual Growth Rate | 3.3% |
Regions Covered | Global |