Surgical Drills Market Research Report – Global Forecast till 2027

Surgical Drills Market Research Report: by Product (pneumatic drills, electric drills, and others), By Application (orthopedic surgery, neurosurgery, dental surgery, and others) By End-user (Hospitals & clinics, and others) -Forecast Till 2027

ID: MRFR/MED/5570-HCR | February 2021 | Region: Global | 130 pages

Surgical Drills Market Scenario:


Surgical drills market is expected to grow significantly over the forecast period. The market held a market value of USD 463.64 million in 2017 and is projected to grow at a CAGR of 4.93% over the forecast period.


Surgical drills as the name itself suggests, are drill machines which are used during the various surgical procedures. Their main function is to drill, cut, and bore holes in the bone in order to attach surgical pins, plates, or screws. There are several types of surgical drills available which are powered by different source. These include pneumatic drills, electric drills, and battery powered drills among others. Surgical drills have simplified the tedious job of a surgeon and reduced the surgery time significantly. Surgical drills have become an important tool in the surgical procedures. Increasing number of orthopedic and dental surgeries, high awareness about the dental hygiene and high disposable income are some of the factors contribute to the growth of the surgical drills market.


Segmentation


The global surgical drills market has been segmented into product, application and end-user.


Based on products, the market has been segmented into, pneumatic drills, electric drills, battery powered drills, accessories, and others. The pneumatic drills segment is expected to account for the largest share in the global surgical drills market in 2017. This large share is majorly attributed to the wider acceptance of the devices, and better patient compliance as compared to other products.


Based on application, the market has been segmented into orthopedic surgery, neurosurgery, ENT, dental surgery, and other. The orthopedic surgery segment is expected to account for the largest share in the global surgical drills market in 2017 followed by dental surgery segment.


Based on end-users, the market has been segmented into hospitals & clinics, ambulatory surgical centers, academic and research institutes, and others. The hospitals & clinics segment is expected to account for the largest share in the global surgical drills market in 2017. At the same time, the increasing establishments of the ambulatory surgical centers in the developed and developing countries has led this segment to grow at the fastest rate during the forecast period.


Based on the regions, the market for surgical drills is segmented in to, the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The surgical drills market in the Americas region has further been segmented into North America and South America, where-in the North American market is further divided into the US and Canada.


European surgical drills market has been segmented into Western Europe and Eastern Europe where-in Western Europe region is further divided into Germany, France, the UK, Italy, Spain, and the rest of Western Europe.  


The surgical drills market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The surgical drills market in the Middle East & Africa has been segmented into regions such as the Middle East and Africa.


Regional Market Summary


Global Surgical Drills Market Share (%), by Region, 2017



Source: White Papers, Company Presentations, Annual Reports


Geographically, the Americas is anticipated to dominate the global surgical drills market owing to the rising number of the orthopaedic surgeries, increasing awareness about dental hygiene leading to increase in dental procedures and surgeries. The development of the better surgical approaches and advanced treatment procedures have affected the growth of the American market in a positive way. Moreover, high awareness among American population, state of the art medical infrastructure, high disposable income, are some of the many factors that drive the growth of the surgical drills market in this region.


Europe is expected to hold the second largest market share in the global surgical drills market. The market growth in this region is majorly attributed to the increasing government support for the device manufacturers. Geographical expansion of companies has led to the wider reach of the medical products and services which has brought a huge change in terms of the acceptance and implementation of the new products as well as procedures. Similarly, Asia-Pacific region has observed a rapid growth in the surgical drills market owing to the development in the medical sector in developing countries like India and China. Moreover, increase in government funding for healthcare, rising R&D expenditure, and growing number of medical device companies in the region has led to its fastest growth during the forecast period. The Middle East & Africa region is anticipated to show minor growth opportunities in the surgical drills market during the forecast period.


Global Surgical Drills Market, by Product:



  • Pneumatic Drills

  • Electric Drills 

  • Battery Powered Drills

  • Accessories

  • Others


Global Surgical Drills Market, by Application:



  • Orthopedic Surgery

  • Neurosurgery 

  • ENT

  • Dental Surgery

  • Others


Global Surgical Drills Market, by End-user:



  • Hospitals & Clinics 

  • Ambulatory Surgical Centers

  • Academic and Research Institutes

  • Others


Global Surgical Drills Market, by Region:



  • Americas

    • North America

      • US

      • Canada



    • South America



  • Europe

    • Western Europe

      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe



    • Eastern Europe



  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  •  Middle East & Africa

    • Middle East

    • Africa




Global surgical drills market, by Key Players:



  • Adeor medical AG

  • AlloTech Co.Ltd.

  • Arthrex Inc.

  • Braun Melsungen AG

  • CONMED Corporation

  • De Soutter Medical

  • DePuy Synthes

  • Medtronic plc

  • Stryker Corporation

  • Zimmer Biomet Holdings, Inc.

  • Others


Intended Audience:



  • Surgical Drill Manufacturers and Distributors

  • Drilling Accessories Manufacturers and Distributors

  • Dental and Medical Device Companies

  • Contract Research Organizations

  • Academic and Research Institutes

  • Government Associations


 



Frequently Asked Questions (FAQ) :


The surgical drill market has the opportunity to grow with a CAGR of 4.93% during the forecast period of 2018 to 2023.

The surgical drills market has product types like electric drills, pneumatic drills, accessories, battery-powered drills, and others

The surgical drills market has end users like academic & research institutes, ambulatory surgical centers, hospitals & clinics, and others.

The Americas has the opportunity of retaining its dominant market position in the coming years.

The surgical drills market has the possibility to benefit from companies like AlloTech Co.Ltd. Arthrex Inc., Adeor medical AG, Stryker Corporation, CONMED Corporation, B.Braun Melsungen AG, Medtronic plc, De Soutter Medical, DePuy Synthes, and Zimmer Biomet Holdings, Inc.

Table of Contents:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

Chapter 5. Market Factor Analysis

5.1 Porter’s Five Forces Analysis

5.1.1 Bargaining Power of Suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Value Chain Analysis

5.3 Investment Feasibility Analysis

5.4 Pricing Analysis

Chapter 6. Global Surgical Drills Market, by Product

6.1 Overview

6.2 Pneumatic Drills

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.3 Electric Drills

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.4 Battery Powered Drills

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.5 Accessories

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.6 Others

Chapter 7. Global Surgical Drills Market, By Application

7.1 Overview

7.2 Orthopedic Surgery

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.3 Neurosurgery

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.4 ENT

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.5 Dental Surgery

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.6 Others

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

Chapter 8 Global Surgical Drills Market, By End-user

8.1 Overview

8.2 Hospitals & Clinics

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

8.3 Ambulatory Surgical Centers

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

8.4 Academic and Research Institutes

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

8.5 Others

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

Chapter 9. Global Surgical Drills Market, by Region

9.1 Overview

9.2 Americas

9.2.1 North America

9.2.1.1 US

9.2.1.2 Canada

9.2.2 South America

9.3 Europe

9.3.1 Western Europe

9.3.1.1 Germany

9.3.1.2 France

9.3.1.3 Italy

9.3.1.4 Spain

9.3.1.5 UK

9.3.1.6 Rest of Western Europe

9.3.2 Eastern Europe

9.4 Asia-Pacific

9.4.1 Japan

9.4.2 China

9.4.3 India

9.4.4 Australia

9.4.5 South Korea

9.4.6 Rest of Asia-Pacific

9.5 Middle East & Africa

9.5.1 Middle East

9.5.2 Africa

Chapter 10. Company Landscape

10.1 Introduction

10.2 Market Share Analysis

10.3 Key Development & Strategies

Chapter 11. Company Profiles

11.1 Adeor medical AG

11.1.1 Company Overview

11.1.2 Product Overview

11.1.3 Financials Overview

11.1.4 Key Developments

11.1.5 SWOT Analysis

11.2 AlloTech Co.Ltd.

11.2.1 Company Overview

11.2.2 Product Overview

11.2.3 Financial Overview

11.2.4 Key Developments

11.2.5 SWOT Analysis

11.3 Arthrex Inc.

11.3.1 Company Overview

11.3.2 Product Overview

11.3.3 Financial Overview

11.3.4 Key Development

11.3.5 SWOT Analysis

11.4 B.Braun Melsungen AG

11.4.1 Company Overview

11.4.2 Product Overview

11.4.3 Financial Overview

11.4.4 Key Development

11.4.5 SWOT Analysis

11.5 CONMED Corporation

11.5.1 Company Overview

11.5.2 Product Overview

11.5.3 Financial overview

11.5.4 Key Developments

11.5.5 SWOT Analysis

11.6 De Soutter Medical

11.6.1 Company Overview

11.6.2 Product Overview

11.6.3 Financial Overview

11.6.4 Key Developments

11.6.5 SWOT Analysis

11.7 DePuy Synthes

11.7.1 Overview

11.7.2 Product Overview

11.7.3 Financial Overview

11.7.4 Key Developments

11.7.5 SWOT Analysis

11.8 Medtronic plc

11.8.1 Overview

11.8.2 Product Overview

11.8.3 Financials

11.8.4 Key Developments

11.8.5 SWOT Analysis

11.9 Stryker Corporation

11.9.1 Overview

11.9.2 Product Overview

11.9.3 Financials

11.9.4 Key Developments

11.9.5 SWOT Analysis

11.10 Zimmer Biomet Holdings, Inc.

11.10.1 Overview

11.10.2 Product Overview

11.10.3 Financials

11.10.4 Key Developments

11.10.5 SWOT Analysis

Chapter 12 MRFR Conclusion

12.1 Key Findings

12.1.1 From CEO’s View point

12.1.2 Unmet Needs of the Market

12.2 Key Companies to Watch

12.3 Predictions for the surgical drills market

Chapter 13. Appendix


LIST OF TABLES

Table 1 Global Surgical Drills Market Synopsis, 2020-2027

Table 2 Global Surgical Drills Market Estimates and Forecast, 2020-2027 (USD Million)

Table 3 Global Surgical Drills Market, by Product, 2020-2027 (USD Million)

Table 4 Global Surgical Drills Market, by Application, 2020-2027 (USD Million)

Table 5 Global Surgical Drills Market, by End-user, 2020-2027 (USD Million)

Table 6 Global Surgical Drills Market, by Region, 2020-2027(USD Million)

Table 7 North America: Surgical Drills Market, by Product, 2020-2027 (USD Million)

Table 8 North America: Surgical Drills Market, by Application, 2020-2027 (USD Million)

Table 9 North America: Surgical Drills Market, by End-user, 2020-2027 (USD Million)

Table 10 North America: Surgical Drills Market, by Country, 2020-2027 (USD Million)

Table 11 South America: Surgical Drills Market, by Product, 2020-2027 (USD Million)

Table 12 South America: Surgical Drills Market, by Application, 2020-2027 (USD Million)

Table 13 South America: Surgical Drills Market, by End-user, 2020-2027 (USD Million)

Table 14 Europe: Surgical Drills Market, by Product, 2020-2027 (USD Million)

Table 15 Europe: Surgical Drills Market, by Application, 2020-2027 (USD Million)

Table 16 Europe: Surgical Drills Market, by End-user, 2020-2027 (USD Million)

Table 17 Europe: Surgical Drills Market, by Region, 2020-2027 (USD Million)

Table 18 Western Europe: Surgical Drills Market, by Product, 2020-2027 (USD Million)

Table 19 Western Europe: Surgical Drills Market, by Application, 2020-2027 (USD Million)

Table 20 Western Europe: Surgical Drills Market, by End-user, 2020-2027 (USD Million)

Table 21 Western Europe: Surgical Drills Market, by Country, 2020-2027 (USD Million)

Table 22 Eastern Europe: Surgical Drills Market, by Product, 2020-2027 (USD Million)

Table 23 Eastern Europe: Surgical Drills Market, by Application, 2020-2027 (USD Million)

Table 24 Eastern Europe: Surgical Drills Market, by End-user, 2020-2027 (USD Million)

Table 25 Asia-Pacific: Surgical Drills Market, by Product, 2020-2027 (USD Million)

Table 26 Asia-Pacific: Surgical Drills Market, by Application, 2020-2027 (USD Million)

Table 27 Asia-Pacific: Surgical Drills Market, by End-user, 2020-2027 (USD Million)

Table 28 Asia-Pacific: Surgical Drills Market, by Country, 2020-2027 (USD Million)

Table 29 Middle East & Africa: Surgical Drills Market, by Product, 2020-2027 (USD Million)

Table 30 Middle East & Africa: Surgical Drills Market, by Application, 2020-2027 (USD Million)

Table 31 Middle East & Africa: Surgical Drills Market, by End-user, 2020-2027 (USD Million

Table 32 Middle East & Africa: Surgical Drills Market, by Region, 2020-2027 (USD Million)


LIST OF FIGURES

Figure 1 Research Process

Figure 2 Segmentation for global surgical drills market

Figure 3 Segmentation Market Dynamics for global surgical drills market

Figure 4 Global Surgical Drills Market Share, by Product, 2020 (%)

Figure 5 Global Surgical Drills Market Share, by Application, 2020 (%)

Figure 6 Global Surgical Drills Market Share, by End-user, 2020 (%)

Figure 7 Global Surgical Drills Market Share, by Region, 2020 (%)

Figure 8 North America: Surgical Drills Market Share, by Country, 2020 (%)

Figure 9 Europe: Surgical Drills Market Share, by Country, 2020 (%)

Figure 10 Asia-Pacific: Surgical Drills Market Share, by Country, 2020 (%)

Figure 11 Middle East & Africa: Surgical Drills Market Share, by Country, 2020 (%)

Figure 12 Global Surgical Drills Market: Company Share Analysis, 2020 (%)

Figure 13 Medtronic plc: Key Financials

Figure 14 Medtronic plc: Segmental Revenue

Figure 15 Medtronic plc: Geographical Revenue

Figure 16 DePuy Synthes: Key Financials

Figure 17 DePuy Synthes: Segmental Revenue

Figure 18 DePuy Synthes: Geographical Revenue

Figure 19 Stryker Corporation: Key Financials

Figure 20 Stryker Corporation: Segmental Revenue

Figure 21 Stryker Corporation: Geographical Revenue

Figure 22 Zimmer Biomet Holdings, Inc.: Key Financials

Figure 23 Zimmer Biomet Holdings, Inc.: Segmental Revenue

Figure 24 Zimmer Biomet Holdings, Inc.: Geographical Revenue