The Powered Surgical Instruments Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Powered Surgical Instruments Market?
The market size for powered surgical instruments has seen a steady increase in the past. The market was valued at $2.36 billion in 2024 and is projected to grow to $2.47 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 4.5%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Powered Surgical Instruments Industry?
The Powered Surgical Instruments Global Market Report 2024 predicts that by 2029, the market will reach a value of $3.11 billion, with a compound annual growth rate (CAGR) of 6.0%.
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What are the Key Growth Drivers Fueling the Powered Surgical Instruments Market?
The key drivers in the powered surgical instruments market are:
• Increasing usage of robotic-assisted surgical procedures
• Growing requirement for precision and control in surgeries
• Rising number of neurology and spinal procedures due to an aging population
• Cost efficiency and effectiveness of powered surgical instruments
Global Market Segmentation: Identifying Major Powered Surgical Instruments Industry Segments
The powered surgical instruments market covered in this report is segmented –
1) By Product: Handpiece, Power Source And Control, Accessories
2) By Power Source: Electric Instruments, Battery-Powered Instruments, Pneumatic Instruments
3) By Application: Orthopedic Surgery, Oral And Maxillofacial Surgery, Neurosurgery, ENT (Ear Nose Throat) Surgery, Plastic And Reconstructive Surgery, Cardiothoracic Surgery, Other Applications
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What are the Emerging Trends Shaping the Future of the Powered Surgical Instruments Market?
The key trends in the powered surgical instruments market are:
• Integration of artificial intelligence and robotics is an emerging trend.
• There's a shift towards wireless and battery-powered surgical instruments.
• Specialized instrumentation sets for surgeries are becoming increasingly popular.
• The market is seeing a growing focus on ergonomic designs and enhanced visualization tools.
Who Are the Top Competitors & Leading Players in the Powered Surgical Instruments Market?
The major players in the powered surgical instruments market are:
• Johnson and Johnson Inc
Regional Dominance: Which Area Leads the Global Powered Surgical Instruments Market?
North America was the largest region in the powered surgical instruments market in 2024
