Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
The surgical power tool provides the additional power source to the surgeon at the time of surgery. The surgical power tools have significant role in modern surgical procedures. This tool has applications like drilling and fixing at the time of surgery. Surgical power tool help in physical modification of biological tissues or to provide direct entry into internal body. The power tools make the surgery easy and convenient for the surgeons. The adoption of surgical power tool is making the revolutionary changes in the healthcare fields.
The United States surgical power market is experiencing tremendous growth since decades. The adoption of technologically advanced surgical power tools in healthcare sectors and well-established healthcare industry of the country is expanding the market growth. The surgical power tool market is regulated by the U.S. Food and Drug administrations (FDA). The major factors like growing prevalence of orthopaedic disorders in elderly patients, rise in cases of neurological disorders, increase in preference for use of surgical power tools during the surgery is propelling the growth of United States surgical power tool market.
The exclusive COVID-19 impact analysis report by axiom MRC provides a 3600 analysis of micro and macro-economic factors on the surgical power tool market. In addition, complete analysis of changes on surgical power tool expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on United States economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The COVID-19 pandemic has the mix impact on the healthcare sectors. As due to the lockdown circumstances the transportation chain is get hampered. And it also has impact on the sale of surgical power tool in addition to that the majority of surgical procedures are postponed due to the pandemic situations and it is also disturbing the demand and supply chain as due to that the COVID-19 has the negative impact on the surgical power tool market.
The United State surgical power tool market is segmented by product, technology, application and device type.
The products like handpiece, disposables and accessories are comprised in United States surgical power tool market. The disposables are further sub-segmented into drills, saws, staplers, reamers, blades, burr, and shavers. The drill sub-segment is likely to dominate the market as there is rise in the cases of accidents and injuries. The drills are used to bore holes in the bones for the attachments of the surgical pins, plates, screws or to remove decay and reshape of teeth for the filling of teeth.
The technologies like electric-operated power tools, battery-driven power tools and pneumatic power tools are comprised in the United States surgical power tool market. The electrically operated power tools are likely to witness rapid growth in the coming years as they have less resistance and high loading power. In addition to that electrically operated surgical power tools have feature such as speed control which makes them more preferable over the other surgical power tools.
The surgical power tools have applications in the surgeries such as orthopaedic surgery, ENT surgery, neurology surgery, cardiothoracic surgery and other. The orthopaedic surgical tools also sub-segmented into spine, trauma, joint, and craniomaxillofacial, dental and other surgeries. The orthopaedic surgeries are likely to lead the market as there is increase in the prevalence of orthopaedic disorders, increase in the accidental injuries of bones and adaption of technologically advanced surgical tools are propelling the market growth. The Neurology surgery expected to witness rapid growth in the market. The neurosurgery is commonly known as brain surgery. The craniotomy and lumbar puncture and microdiscectomy are most common neurosurgical procedures. The increasing rate of neurological surgeries are impelling the growth of market.
The study comprised of device types like large bone power tool, medium bone power tool, small bone power tools and high speed drilling systems. The large bone power tools are likely to dominate the market as there increase in the cases of fractures and injuries to the large bones. In addition to that the large bone provides the body support to the body and also aids in the movement of the body due to that large bone power tools are owing to witness rapid growth of segment in United States surgical power tool market.
The major key players are DePuy Synthes (Johnson & Johnson), B. Braun Melsungen AG, iMEDICOM, DeSoutter Medical, Adeor medical AG, Shanghai Bojin Medical Instrument Co. Ltd, AlloTech Co. LTD, Stryker Corporation, Zimmer Biomet, Orthopromed, Nouvag AG, Medical Bees GmbH, MatOrtho, Exactech, and Medtronic plc among others.
The study comprised of the United States surgical power tool market. And the study analysed various segments like product, technology, applications, and device type. The study also covers the dominating segments of market. The product segment is likely to dominate by the drills as their high applications in the orthopaedic surgeries likewise the technological segment is dominated by the battery driven power tools and application segment is leaded by the orthopaedic surgeries. Lastly the device type segment is leaded by the large bone power tools as by using these tools the surgery became easier and efficient. Besides the study also covers the impact of the COVID-19 pandemic. The COVID-19 pandemic has the mix impact on the healthcare sectors. As due to the lockdown circumstances the transportation chain is get hampered and also has impact on the sale of surgical power tool in addition to that the majority of surgical procedures are postponed due to the pandemic situations and it is also disturbing the demand and supply chain as due to that the COVID-19 has the negative impact on the surgical power tool market. The study also analysed the major key players operating in the country.
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