Surgical Drills Market

Market Insights

The surgical drills market had a market value of US$ 419.9 million in 2017 and is expected to grow at a CAGR of 4.6% between 2018 and 2026.

Market Synopsis

Battery-powered drills will be the fastest-growing segment throughout the forecast period due to their high efficiency, user-friendly design, and wide range of accessories.

Battery-powered drills will maintain their significant growth during the forecast period of 2018 to 2026 due to key factors such as their user-friendliness due to their metal alloy bodies that make them lightweight and their lithium batteries, which provide superior run times and an increased life cycle of the device along with consistent performance. Furthermore, according to a few market experts, battery-powered drills have significantly increased the total number of cases operated in the United States, the time spent per case in the operating room, and the average waiting time for surgery.

Awareness related to oral and dental health well-being is increasing, which is assisting the overall growth of the dental surgical drills market.

The dental surgeries segment is expected to grow at a significant rate throughout the forecast period due to key market driving factors such as increased awareness of oral and dental problems and the development of overall dental drill technology, which makes it highly convenient for users due to its design and lightweight. According to the World Health Organization, the Global Burden of Disease Study 2016 suggested that nearly half of the world’s population (3.58 billion people) suffered from oral diseases, with dental caries in permanent teeth being the most prevalent condition assessed.

Developing healthcare infrastructure and rising awareness about chronic disease diagnosis and treatment in Asia-Pacific developing countries are expected to contribute to the overall growth of the surgical drill market.

According to a recent study published by the World Health Organization, hip and knee replacement procedures carried out in the major Asia-Pacific countries such as Australia, Japan, South Korea, India, and China are projected to grow at a 10% CAGR between 2017 and 2024, with the expectation of approaching nearly 2.4 million procedures performed by 2024. Thus, the major factors assisting the growth of the Asia Pacific surgical drills market are rising prevalence and awareness related to chronic diseases, developing healthcare infrastructure in developing countries, and high accessibility related to modern surgical devices.

Periods of History and Forecast

The surgical drills market was analyzed considering current market trends for the base year of 2017, and based on future trends, CAGRs were calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

This report on the surgical drills market comprises a detailed study including qualitative and quantitative information related to the key market dynamics (drivers, opportunities, and restraints) affecting the market, along with regional and country-specific market trends. An in-depth summary of the global surgical drills market is given in the report by segmenting the market based on product type, application, and geography. The objective of publishing this exhaustive research report is to aid the industry stakeholders in making decisions and implementing strategies in the surgical drill market.

This report further includes qualitative information related to the aforementioned market segments, covering information such as key market trends, market drivers, opportunities, and restraints to achieve a precise understanding of the global surgical drills market. In addition to that, the major market players are investigated in the report based on key attributes such as product portfolio, business strength, and key market strategies.

The report also provides an attractive investment proposition based on the exhaustive geographical research carried out based on PESTEL analysis. Key players profiled in the report include Stryker Corporation, Zimmer Biomet Holdings, Inc., Medtronic plc, DePuy Synthes, CONMED Corporation, B. Braun Melsungen AG, and Arthrex, Inc., among others.

Key questions are answered in this report.

• Which is the trending surgical drill type in the market and why?
• What are the recent market strategies adopted and executed by major market players present in the surgical drills market?
• Which are the most attractive markets (regions and countries) leading and swiftly growing throughout the forecast period in the surgical drills market?
• Which is the largest and fastest-growing surgical drill application globally?
• Which are the major applications contributing to the overall growth of surgical drills in the near future?
• What is the competitive environment in the surgical drill market like, and what are the key players’ strategies in this industry?

Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

Chapter 2. Executive Summary
2.1. Global SD Market Portraiture
2.2. Global SD Market, by Type of Product, 2017 (US$ Mn)
2.3. Global SD Market, by Application, 2017 (US$ Mn)
2.4. Global SD Market, by Geography, 2017 Vs 2026 (Value %)

Chapter 3. Global Surgical Drills (SD) Market: Market Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.2.1. Rising prevalence of chronic diseases assisting the growth of various surgeries carried out such as orthopedic surgery, dental surgery & neurosurgery
3.2.2. Incessant development in the technology and manufacturing material of surgical drills
3.3. Challenges
3.3.1. Increasing cases reported related to the post-surgery complications associated with surgical drills
3.4. Opportunities
3.4.1. Mounting awareness related to the selection of surgical drill based on specific application coupled with modern accessories & features
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Landscape
3.6.1. Competitive Landscape, by Key Players, 2017

Chapter 4. Global Surgical Drills (SD) Market, by Type of Product, 2016 – 2026 (US$ Mn)
4.1. Overview
4.2. Pneumatic Drills
4.3. Electric Drills
4.4. Battery Powered Drills
4.5. Accessories

Chapter 5. Global Surgical Drills (SD) Market, by Application, 2016 – 2026 (US$ Mn)
5.1. Overview
5.2. Orthopedic Surgery
5.3. Neurosurgery
5.4. ENT Surgery
5.5. Dental Surgery
5.6. Other Surgeries

Chapter 6. Global Surgical Drills (SD) Market, by Geography, 2016 – 2026 (US$ Mn)
6.1. Overview
6.2. North America SD Market Analysis, 2016 – 2026
6.2.1. North America SD Market, by Type of Product, 2016–2026 (US$ Mn)
6.2.2. North America SD Market, by Application, 2016–2026 (US$ Mn)
6.2.3. North America SD Market, by Country, 2016 – 2026 (US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.3. Europe SD Market Analysis, 2016 – 2026
6.3.1. Europe SD Market, by Type of Product, 2016–2026 (US$ Mn)
6.3.2. Europe SD Market, by Application, 2016–2026 (US$ Mn)
6.3.3. Europe SD Market, by Country, 2016 – 2026 (US$ Mn)
6.3.3.1. U.K.
6.3.3.2. Germany
6.3.3.3. Rest of Europe
6.4. Asia Pacific SD Market Analysis, 2016 – 2026
6.4.1. Asia Pacific SD Market, by Type of Product, 2016–2026 (US$ Mn)
6.4.2. Asia Pacific SD Market, by Application, 2016–2026 (US$ Mn)
6.4.3. Asia Pacific SD Market, by Country, 2016 – 2026 (US$ Mn)
6.4.3.1. Japan
6.4.3.2. China
6.4.3.3. Rest of APAC
6.5. Latin America SD Market Analysis, 2016 – 2026
6.5.1. Latin America SD Market, by Type of Product, 2016–2026 (US$ Mn)
6.5.2. Latin America SD Market, by Application, 2016–2026 (US$ Mn)
6.5.3. Latin America SD Market, by Country, 2016 – 2026 (US$ Mn)
6.5.3.1. Brazil
6.5.3.2. Mexico
6.5.3.3. Rest of Latin America
6.6. Middle East & Africa (MEA) SD Market Analysis, 2016 – 2026
6.6.1. Middle East & Africa SD Market, by Type of Product, 2016–2026 (US$ Mn)
6.6.2. Middle East & Africa SD Market, by Application, 2016–2026 (US$ Mn)
6.6.3. MEA SD Market, by Region, 2016 – 2026 (US$ Mn)
6.6.3.1. GCC
6.6.3.2. Rest of MEA

Chapter 7. Company Profiles
7.1. Stryker Corporation
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. Zimmer Biomet Holdings, Inc.
7.3. Medtronic plc
7.4. DePuy Synthes
7.5. De Soutter Medical
7.6. CONMED Corporation
7.7. adeor medical AG
7.8. Arthrex, Inc.
7.9. AlloTech Co.Ltd.
7.10. B.Braun Melsungen AG

List of Figures

FIG. 1 Surgical Drills (SD) Market Segmentation
FIG. 2 Global SD Market Share, by Type of Product, 2017 (US$ Mn)
FIG. 3 Global SD Market Share, by Application, 2017 (US$ Mn)
FIG. 4 Global SD Market, by Geography, 2017 Vs 2026 (Value %)
FIG. 5 Attractive Investment Proposition, by Geography, 2017
FIG. 6 Market Competition Landscape, by Key Players, 2017
FIG. 7 Global Pneumatic SD Market, 2016 – 2026 (US$ Mn)
FIG. 8 Global Electric SD Market, 2016 – 2026 (US$ Mn)
FIG. 9 Global Battery Powered SD Market, 2016 – 2026 (US$ Mn)
FIG. 10 Global Surgical Drill Accessories Market, 2016 – 2026 (US$ Mn)
FIG. 11 Global SD Market for Orthopedic Surgery, 2016 – 2026 (US$ Mn)
FIG. 12 Global SD Market for Neurosurgery, 2016 – 2026 (US$ Mn)
FIG. 13 Global SD Market for ENT Surgery, 2016 – 2026 (US$ Mn)
FIG. 14 Global SD Market for Dental Surgery, 2016 – 2026 (US$ Mn)
FIG. 15 Global SD Market for Other Surgeries, 2016 – 2026 (US$ Mn)
FIG. 16 U.S. SD Market, 2016 – 2026 (US$ Mn)
FIG. 17 Canada SD Market, 2016 – 2026 (US$ Mn)
FIG. 18 U.K. SD Market, 2016 – 2026 (US$ Mn)
FIG. 19 Germany SD Market, 2016 – 2026 (US$ Mn)
FIG. 20 Rest Of Europe SD Market, 2016 – 2026 (US$ Mn)
FIG. 21 Japan SD Market, 2016 – 2026 (US$ Mn)
FIG. 22 China SD Market, 2016 – 2026 (US$ Mn)
FIG. 23 Rest Of Asia Pacific SD Market, 2016 – 2026 (US$ Mn)
FIG. 24 Brazil SD Market, 2016 – 2026 (US$ Mn)
FIG. 25 Mexico SD Market, 2016 – 2026 (US$ Mn)
FIG. 26 Rest Of Latin America SD Market, 2016 – 2026 (US$ Mn)
FIG. 27 GCC SD Market, 2016 – 2026 (US$ Mn)
FIG. 28 Rest Of Middle East And Africa SD Market, 2016 – 2026 (US$ Mn)

List of Tables

TABLE 1 Global Surgical Drills (SD) Market, by Type of Product, 2016 – 2026 (US$ Mn)
TABLE 2 Global SD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 3 North America SD Market, by Type of Product, 2016 – 2026 (US$ Mn)
TABLE 4 North America SD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 5 North America SD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 6 Europe SD Market, by Type of Product, 2016 – 2026 (US$ Mn)
TABLE 7 Europe SD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 8 Europe SD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 9 Asia Pacific SD Market, by Type of Product, 2016 – 2026 (US$ Mn)
TABLE 10 Asia Pacific SD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 11 Asia Pacific SD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 12 Latin America SD Market, by Type of Product, 2016 – 2026 (US$ Mn)
TABLE 13 Latin America SD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 14 Latin America SD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 15 Middle East & Africa SD Market, by Type of Product, 2016 – 2026 (US$ Mn)
TABLE 16 Middle East & Africa SD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 17 Middle East And Africa SD Market, by Region, 2016 – 2026 (US$ Mn)
TABLE 18 Stryker Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 19 Zimmer Biomet Holdings, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 20 Medtronic plc: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 21 DePuy Synthes: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 22 De Soutter Medical: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 23 CONMED Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 24 adeor medical AG: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 25 Arthrex, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 26 AlloTech Co.Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)
TABLE 27 B.Braun Melsungen AG: Company Snapshot (Business Description; Financial Information; Product Portfolio; News Coverage)