The orthopedic power tools market is projected to reach $2.5 billion by 2026, driven by technological advancements and increased demand due to the aging population.
For the forecast period, 2017 to 2026, Fact.MR has projected a moderate expansion for the global orthopedic power tools market in its recent report. Global sales of orthopedic power tools are estimated to reach approximately US$ 2,500 Mn in revenues by 2026-end.
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Prominent Manufacturers Engaging in Orthopedic Power Tools’ Safety & Ergonomics
Recent increase in the global geriatric population has led toward a rise in incidences of orthopedic diseases, which require surgical intervention, thereby fuelling demand for orthopedic power tools. The advent of modern electronic technologies including power-assisted, robotic, and minimally invasive orthopedic surgery equipment have further escalated adoption of orthopedic power tools.
Although orthopedic power tools offer inherent benefits, surgeons are exposed to risks related to the prolonged use of vibrating tools, hazards pertaining to aerosol/ droplet infection from patients, and protracted exposure to loud noise.
Prominent manufacturers have therefore been actively engaging in aspects of orthopedic power tools’ safety and ergonomics, in a bid to develop a range of power-assisted equipment tailored to the precision of the procedure’s nature, while addressing efficacy and safety of surgeons.
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Key Takeaways from Fact.MR’s Report on Orthopedic Power Tools Market for Forecast Period 2017-2026
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Key market participants profiled by Fact.MR’s report include Stryker Corporation, Johnson & Johnson, Zimmer Biomet, B Braun, CONMED Corporation, and Misonix.
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The post Sales of Orthopedic Power Tools Market to Witness US$ 2,500 Million Revenues by 2026 appeared first on Latest Market Reports.
The article discusses the projected growth of the global orthopedic power tools market, expected to reach $2.5 billion by 2026.
Growth is driven by technological advancements and increased demand due to the aging population and rising orthopedic conditions.
North America and Europe are leading, with Asia-Pacific showing robust growth due to medical tourism and advanced medical facilities.
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