Powered Surgical Instruments Market Share, Growth, Trends & Forecast to 2027

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Powered surgical instruments are an essential component of operating rooms and are increasingly used in surgical procedures. Surgical equipment with accessories used to shape, position, cut, drill, or slice a bone are referred to as powered surgical tools. They are used in a variety of treatments, including reconstructive and sports surgeries, surgeries on the extremities, neurological, ENT, and spinal cord surgeries, among others, to emulsify, fragment, and aspirate soft tissues. Highly skilled and technically proficient surgeons are needed for these operations. Additionally, Powered Surgical Instruments Market are needed for these treatments, which aid in the precision and accuracy of lengthy surgical procedures.

According to estimates, the market for powered surgical tools will be worth US$2,147.6 million in 2019 and is projected to grow at a strong CAGR of 3.0% over the forecast period (2019 - 2027). Three different power sources, including battery power, electric power, and pneumatic power, are typically used to run these equipment. Reusable and one-time use devices are also options for powered surgical instruments. When compared to reusable equipment, single-use powered surgical instruments have a lower risk of infection, which is driving up demand for them. This is additionally anticipated to fuel the growth of the Global Powered Surgical Instruments Market. Over the course of the forecast period, opportunities for the global market for powered surgical instruments are anticipated to arise from the introduction of robot-assisted surgical techniques and rising technological improvements in surgical equipment.

The global Powered Surgical Instruments Market is anticipated to increase as doctors choose robotic surgery more frequently. Demand for robotic surgical treatments is being driven by a shortage of experienced surgical specialists and an increase in the number of surgeries performed daily. When compared to the amount of patients needing surgery, there is a physician shortage. The Association of American Medical Colleges (AAMC) predicted in 2019 that there may be 122,000 fewer doctors in the United States by 2032. Because minimally invasive surgery is becoming more popular among doctors and speeds up healing while also being less expensive, it is predicted that demand for robotic surgery will rise in North America and Europe.

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