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Neurosurgery Surgical Power Tools Market Synopsis

Neurosurgery Surgical Power Tools Market Size Was Valued at USD 1.3 Billion in 2023, and is Projected to Reach USD 1.8 Billion by 2032, Growing at a CAGR of 3.9% From 2024-2032.

The pneumatic and electric neurosurgical drills are the instruments that surgeons utilize in treating brain and skull ailments. Electric drills mainly operate through power while the pneumatic drill system is a surgical instrument system that is operated hydraulically.

Nevertheless, the electric-operated power sources are cheaper as compared to pneumatic neurosurgery surgical power tools. These neurosurgery surgical power tools devices of use in drilling at the skull as well as in the removal of hard and soft tissues and bones in general neurosurgery operations or in open and endoscopic spine surgery.

  • The segments in neurosurgery surgical power tools market on the basis of tool and power type have been defined. Tool type segment involves drills, reamers, saws and all other related medical equipment. Power type segment encompasses pneumatic, electric and battery operated medical equipments. Here are those medical instruments that assist neurosurgeons in operations commonly known as skull base surgeries and craniotomies. There is an increased usage of neuro surgical power tools since they possess benefits like enhanced dependability and productivity over conventional tools.
  • The market is currently being driven by the increasing usage of minimally invasive neurosurgeries today. Minimally invasive treatments are gaining popularity among surgeons for a certain set of activities, such as operations for tumors in the brain. Patients also prefer minimally invasive neurosurgeries as they entail shorter periods of time than traditional surgeries, short exposure and trauma to the patient, and less tissue damage overall and therefore reduced morbidity.
  • As the number of neurosurgeries, including skull base surgeries and craniotomies is increasing around the world, the market for such systems is experiencing a similar trend. These are surgeries that are conducted in an effort to excise distortions in the layers of the brain’s skull. Another factor that has enhanced accessibility of neurosurgical procedures is technological factors, power equipment.
  • The common surgical procedure known as craniotomy, which entails the use of a crane to remove a bone flap from the skull to address hematomas, tumors, traumatic brain injury or swelling, and to also remove a foreign object can also be performed using better neurosurgery power instruments. Therefore, the utilization of powered equipment in order to reduce risks during the conduct of these complex neurosurgical operations has been instrumental in the advancement of growth.

Neurosurgery Surgical Power Tools

Neurosurgery Surgical Power Tools Market Trend Analysis

Rise in neurological illnesses and Government initiatives

  • The market is being supported by factors such as availability of devices in the end user market places like hospitals and neurosurgical centers , it usefulness in operations like craniotomies and skull based surgeries and due to the rising incidence neurological disorders in the ageing population.
  • As sourced from the administration for community living, geriatric population (65 years and above) in the U. S. was 46. 2 million in 2014. A number of diseases and disorders affect people as they age. It is however factual that majority of elderly individuals experience neurological disorders. Hence, increase in the aging population is expected to have a positive impact on global neurosurgery surgical power tools market during 2022–2029.

Growing cases of neurological disorders and increasing geriatric population

  • The growing cases of neurological disorders, the increasing geriatric population, and changing trends on the number of surgeries conducted and on the use of neurosurgery surgical power tools drive the growth of market. In addition, the strapping growth in the volume of less invasive neurosurgical procedures and the improving hospital buying capacity that can propel the worldwide neurosurgery surgical power tools market within the forecast period.

Neurosurgery Surgical Power Tools Market Segment Analysis:

Neurosurgery Surgical Power Tools Market Segmented based on Tools Type, and Tools Type.

By Tools Type, Drills segment is expected to dominate the market during the forecast period

  • The drills segment was the largest in the market, due to an increased adoption of the product in minimally invasive surgical procedures. This segment consists of the cranial drill, which is used in operations and craniotomies to make larger holes in the skull. There are several categories and classifications of drills depending on their application and features. One such classification is the electrical drill which is operated by rechargeable batteries.
  • The reamers segment is anticipated to be the fastest growing segment over the forecast period due to the improved specifications in terms of power torque for surgery. The demand for reamers is rising given features like the magnetic coil design, which provides high peak torque for surgeons to operate on the skull.

By Power Type, Electric segment held the largest share in 2023

  • The electric segment remained the largest in the market due to factors like higher speeds being incorporated in the manufacturing of the bikes. For instance, it is possible to have a surgical drill known as Medtronic Midas Rex Legend Stylus that has a high torque capacity despite its small size making it appropriate for different kinds of operations. Power surgical instruments are conceived with an idea of the most challenging operations. They are designed to provide consistent efficiency and low levels of vibration, heat and noise hence contributing to the enhancement of the preference for the products which in turn boosts the growth of the market.

Neurosurgery Surgical Power Tools Market Regional Insights:

North America is Expected to Dominate the Market Over the Forecast period

  • The North America region accounted for the largest share in this market due to the latest trends of brain-related injuries and disorders and the availability of neurosurgeons. However, increasing demands for neurosurgery procedures, FDA approved products and subsequently released products by market players are the other factors that remains strong. This possibilities associated with minimally invasive neurosurgical procedures and application of sophisticated power tools may further promote the market during the years to come.

Active Key Players in the Neurosurgery Surgical Power Tools Market

  • Medtronic
  • B. Braun Melsungen AG
  • Stryker
  • Zimmer Biomet
  • DePuy Synthes (Johnson & Johnson)
  • Olympus Corporation
  • Richard Wolf GmbH
  • Conmed Corporation
  • Mizuho OSI
  • Smith & Nephew
  • Medline Industries, Inc.
  • Karl Storz SE & Co. KG
  • Hoya Corporation (Pentax Medical)
  • KLS Martin Group
  • Bovie Medical Corporation
  • NICO Corporation
  • Brainlab AG
  • Integra LifeSciences Corporation
  • Alphatec Spine
  • Aygun Surgical Instruments and Other Key Players

Key Industry Developments in the Neurosurgery Surgical Power Tools Market:

  • In April 2024, Integra LifeSciences announced that it had completed its acquisition of Acclarent, Inc., a leader in ear, nose, and throat (ENT) surgical interventions. By incorporating Acclarent’s innovative product portfolio, Integra expanded its range of market-leading brands and achieved immediate scale and accretive growth through a specialized sales channel. The acquisition increased the Company’s total addressable market by $1 billion and opened new opportunities in the appealing ENT device segment.
  • In April 2024, FUJIFILM Healthcare Americas Corporation, a prominent provider of diagnostic and enterprise imaging solutions, and Brainlab, a leading digital medical technology company, announced that Brainlab became the exclusive U.S. distributor of the ARIETTA Precision Ultrasound forss neurosurgery applications. This ultrasound was integrated with Brainlab’s surgical navigation systems to create a powerful intraoperative neurosurgery solution. The ARIETTA Precision, paired with Brainlab’s navigation systems, delivered advanced guidance and image quality for critical surgical decisions.

Global Neurosurgery Surgical Power Tools Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2024:

USD 1.3 Bn.

Forecast Period 2024-32 CAGR:

3.9 %

Market Size in 2032:

USD 1.8 Bn.

Segments Covered:

By Tools Type

  • Drill
  • Reamer
  • Saw
  • Others

By Power Type

  • Pneumatic
  • Electric
  • Battery Powered

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing Cases of Neurological Disorders Worldwide

Key Market Restraints:

  • High Cost of the Neurosurgery Power Tools

Key Opportunities:

  • Rising Focus on Expanding Product Portfolio and Development of New Products

Companies Covered in the report:

  • Medtronic; B. Braun Melsungen AG; Stryker; Zimmer Biomet; Aygun Surgical Instruments, and Other Major Players.
  1. INTRODUCTION
    1. RESEARCH OBJECTIVES
    2. RESEARCH METHODOLOGY
    3. RESEARCH PROCESS
    4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
    5. MARKET SEGMENTATION
  2. EXECUTIVE SUMMARY
  3. MARKET OVERVIEW
  4. GROWTH OPPORTUNITIES BY SEGMENT
  5. MARKET LANDSCAPE
    1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power Of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
    2. INDUSTRY VALUE CHAIN ANALYSIS
    3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
    4. MARKET TREND ANALYSIS
    5. REGULATORY LANDSCAPE
    6. PESTLE ANALYSIS
    7. PRICE TREND ANALYSIS
    8. PATENT ANALYSIS
    9. TECHNOLOGY EVALUATION
    10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
      1. Geopolitical Market Disruptions
      2. Supply Chain Disruptions
      3. Instability in Emerging Markets
    11. ECOSYSTEM
  6. NEUROSURGERY SURGICAL POWER TOOLS MARKET BY TOOLS (2017-2032)
    1. NEUROSURGERY SURGICAL POWER TOOLS MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. DRILL
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. REAMER
    5. SAW
    6. OTHERS
  7. NEUROSURGERY SURGICAL POWER TOOLS MARKET BY POWER (2017-2032)
    1. NEUROSURGERY SURGICAL POWER TOOLS MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. PNEUMATIC
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
    4. ELECTRIC
    5. BATTERY-POWERED
  8. COMPANY PROFILES AND COMPETITIVE ANALYSIS
    1. COMPETITIVE LANDSCAPE
      1. Competitive Benchmarking
      2. Neurosurgery Surgical Power Tools Market Share By Manufacturer (2023)
      3. Industry BCG Matrix
      4. Heat Map Analysis
      5. Mergers & Acquisitions
    2. MEDTRONIC
      1. Company Overview
      2. Key Executives
      3. Company Snapshot
      4. Role of the Company in the Market
      5. Sustainability and Social Responsibility
      6. Operating Business Segments
      7. Product Portfolio
      8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
      9. Key Strategic Moves And Recent Developments
      10. SWOT Analysis
    3. B. BRAUN MELSUNGEN AG
    4. STRYKER
    5. ZIMMER BIOMET
    6. AYGUN SURGICAL INSTRUMENTS
  9. GLOBAL NEUROSURGERY SURGICAL POWER TOOLS MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Tool Type
      4. Historic And Forecasted Market Size By Power Type
      5. Historic And Forecasted Market Size By Country
        1. USA
        2. Canada
        3. Mexico
    3. EASTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Russia
        2. Bulgaria
        3. The Czech Republic
        4. Hungary
        5. Poland
        6. Romania
        7. Rest Of Eastern Europe
    4. WESTERN EUROPE
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Germany
        2. United Kingdom
        3. France
        4. The Netherlands
        5. Italy
        6. Spain
        7. Rest Of Western Europe
    5. ASIA PACIFIC
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Malaysia
        6. Thailand
        7. Vietnam
        8. The Philippines
        9. Australia
        10. New-Zealand
        11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Turkey
        2. Bahrain
        3. Kuwait
        4. Saudi Arabia
        5. Qatar
        6. UAE
        7. Israel
        8. South Africa
    7. SOUTH AMERICA
      1. Key Market Trends, Growth Factors And Opportunities
      2. Key Manufacturers
      3. Historic And Forecasted Market Size By Segments
      4. Historic And Forecasted Market Size By Country
        1. Brazil
        2. Argentina
        3. Rest of South America
  10. INVESTMENT ANALYSIS
  11. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies

Global Neurosurgery Surgical Power Tools Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2024:

USD 1.3 Bn.

Forecast Period 2024-32 CAGR:

3.9 %

Market Size in 2032:

USD 1.8 Bn.

Segments Covered:

By Tools Type

  • Drill
  • Reamer
  • Saw
  • Others

By Power Type

  • Pneumatic
  • Electric
  • Battery Powered

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Increasing Cases of Neurological Disorders Worldwide

Key Market Restraints:

  • High Cost of the Neurosurgery Power Tools

Key Opportunities:

  • Rising Focus on Expanding Product Portfolio and Development of New Products

Companies Covered in the report:

  • Medtronic; B. Braun Melsungen AG; Stryker; Zimmer Biomet; Aygun Surgical Instruments, and Other Major Players.
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Frequently Asked Questions :

What would be the forecast period in the Neurosurgery Surgical Power Tools Market research report?

The forecast period in the Neurosurgery Surgical Power Tools Market research report is 2024-2032.

Who are the key players in the Neurosurgery Surgical Power Tools Market?

Medtronic,B. Braun Melsungen AG,Stryker,Zimmer Biomet,DePuy Synthes (Johnson & Johnson),Olympus Corporation,Richard Wolf GmbH,Conmed Corporation,Mizuho OSI,Smith & Nephew,Medline Industries, Inc.,Karl Storz SE & Co. KG,Hoya Corporation (Pentax Medical),KLS Martin Group,Bovie Medical Corporation,NICO Corporation,Brainlab AG,Integra LifeSciences Corporation,Alphatec Spine,Aygun Surgical Instruments and Other Key Players

What are the segments of the Neurosurgery Surgical Power Tools Market?

The Neurosurgery Surgical Power Tools Market is segmented into tools type, power type, and region. By tools type, the market is categorized into drill, reamer, saw, others. By power type, the market is categorized into pneumatic, electric, battery-powered. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Neurosurgery Surgical Power Tools Market?

Neurosurgeries and minimally invasive neurosurgeries are done with the help of surgical power tools. These include drills, saws, reamers, and among others These tools consist of drills, saws, reamers, among others. Neurosurgery can be used to diagnose and treat many neurological disorders such as aneurysms, stroke, Alzheimer’s disease, Parkinson’s disease, degenerative diseases, Spinal Cord and Brain Injuries, and many others.

How big is the Neurosurgery Surgical Power Tools Market?

Neurosurgery Surgical Power Tools Market Size Was Valued at USD 1.3 Billion in 2023, and is Projected to Reach USD 1.8 Billion by 2032, Growing at a CAGR of 3.9% From 2024-2032.