Medical Drill Market, By Product Type (Electric and Pneumatic), By Application (Orthopedic Surgery, Traumatology, Joint Surgery, Spinal Surgery, Neurosurgery, ENT Surgery), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI360319 | Publish Date: March 2024 | No. of Pages: 178

Global Medical Drill Market By Overview

Introduction:

Medical Drill Market was valued at US$ 2.4 Billion in 2024 and is projected to grow at a CAGR of 6.70% to reach US$ 4.3 Billion by 2034.

Medical drill market report published by Prophecy Market Insights offers holistic view of various influencing factors and aims to answer all the target market related questions.

The research scope provides comprehensive market size, and other in-depth market information details such as, market growth supporting factors, restraining factors, trends, opportunities, market risk factors, market competition, product and services advancements and launches, product/services related regulations overview, and recent developments for the mentioned forecast period. In addition, the report provides key examination of market players operating in the specific market and analysis and outcomes related with the target market for more than 20 countries.

In the current research scope 2018 is considered as base year and 2019 is estimated year for market value/volume calculations. The report offers market estimates for the forecast period – 2019 to 2029. The report provides factual inputs and analysis based on primary and secondary research, which includes insights gained through in-depth interviews with primary research participants. Also, the data is gathered from authentic secondary sources and is verified by key opinion leaders in the target market. The in-house research is applied on gathered information to provide more accurate data points and reduce the margin of error. The in-house research and analysis efforts include various tools and 360o data analysis methodology.

The medical drill market report segments the market on the basis of product type, application, and region. 

The report expected to answer various target market related questions and offers insights on:

  • Definition, description, overview of market growth influencing factors, and forecast for the target market
  • Scope for related market in the forecast period
  • Analysis and outcome for the medical drill market by segment and region followed by countries
  • Market segmentation, dominating segment and region followed by country along with market value, share, Y-o-Y growth, CAGR, forecast, and contribution in the market
  • Key market player profiles, their recent developments, strategies, financial details, key competencies, presence by region, and product portfolio
  • Valuable insights, data, and forecast that can be referenced to plan business strategies, to tap market opportunities, understand business related risks, derive business goals, to recognize trends, and understand target customers/end users
  • Insights on recent technologies, pipeline products, regulations related with target market, market investment, and offers insights on political and economic factors that may influence market growth
  • PEST Analysis, PORTER’s five forces analysis, opportunity map analysis, drivers and restraints impact analysis, and market attractiveness index 

Key players in the medical drill market include:

  • De Scoutter Medical Ltd.
  • Braun Sharing Expertise AG
  • Nouvag AG
  • AygunSurgical Instruments Co., Inc. 
  • ACF Medical Services, Inc.
  • C & M Associados Servicos Medicos Ltd.
  • Pro-Dex, Inc.
  • Stryker Corp.
  • DePuy Synthes, Inc.
  • Zimmer Biomet Holdings, Inc.

Prophecy Market Insights offers required customization on this report according to specific business requirements.

Global Medical Drill Market By Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Product Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Market Segmentation, By Product Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Battery-powered
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • AC-powered
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Gas-powered
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Hospitals
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Clinics
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Long-term Care Facilities
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • Stryker Corp.
    •   Company Overview
    • Product Type Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Molnlycke Health Care AB
    • Company Overview
    • Product Type Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Zimmer Biomet Holdings, Inc.
    •  Company Overview
    • Product Type Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mid-Atlantic Surgical Associates
    • Company Overview
    • Product Type Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Bard Medical, Inc.
    •  Company Overview
    • Product Type Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Corin Group PLC
    •  Company Overview
    • Product Type Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • De Soutter Medical Ltd.
    •  Company Overview
    • Product Type Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Heraeus Holding GmbH
    •  Company Overview
    • Product Type Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Judd Wire, Inc.
    •  Company Overview
    • Product Type Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • MicroAire Surgical Instruments LLC
    •  Company Overview
    • Product Type Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Medical drill market report segments the market on the basis of product type, application, and region.

Emerging trends include the development of minimally invasive drill technologies, the integration of smart features for precision and safety, and the use of lightweight materials for improved ergonomics. Opportunities arise from the increasing demand for surgical procedures, advancements in medical drill technology, and the expanding applications in orthopedics and dentistry.

Key factors include the rising prevalence of orthopedic and dental conditions, the growing number of surgeries, technological advancements in medical drill design and functionality, and the demand for minimally invasive surgical procedures. Additionally, the aging population and the need for efficient and precise surgical tools contribute to market growth.

Regions covered include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America is expected to dominate the market due to a well-established healthcare infrastructure, a high volume of surgical procedures, and significant investments in medical device technologies. However, the Asia-Pacific region is experiencing notable growth, driven by increasing healthcare investments, a rising number of surgeries, and the adoption of advanced medical tools in countries like China and India.

De Scoutter Medical Ltd., Braun Sharing Expertise AG, Nouvag AG, AygunSurgical Instruments Co., Inc., ACF Medical Services, Inc., C & M Associados Servicos Medicos Ltd., Pro-Dex, Inc., Stryker Corp., DePuy Synthes, Inc., Zimmer Biomet Holdings, Inc.,