The orthopedic power tools market is expected to witness significant growth in the coming years, driven by an increase in the number of orthopedic surgeries, a rise in geriatric population, and an increasing prevalence of musculoskeletal disorders. Technological advancements in orthopedic power tools, such as the development of battery-powered and wireless devices, are also expected to drive market growth. However, the high cost of these tools and the availability of alternative treatments such as physical therapy and medication could hinder market growth. In addition, the COVID-19 pandemic has negatively impacted the market, as elective surgeries have been postponed or cancelled, resulting in reduced demand for orthopedic power tools.
Global orthopedic Orthopedic Power Market is estimated to be valued at US$ 1,008.1 million in 2022 and is expected to exhibit a CAGR of 3.8% during the forecast period (2022-2030).
Key Leaders in the Orthopedic Power Tools Industry:
1. De Soutter Medical
De Soutter Medical is a British company founded in 1960 and headquartered in Surrey, UK. It operates in over 80 countries and specializes in manufacturing surgical power tools, orthopedic instruments, and equipment for plastic surgery. In 2021, De Soutter Medical launched a new orthopedic power tool, the Micro100™ Battery System, which is designed to provide high torque output and long battery life for efficient surgical procedures.
2. B. Braun SE
B. Braun SE is a German medical and pharmaceutical company founded in 1839 and headquartered in Melsungen, Germany. It operates in over 64 countries and produces a wide range of medical devices and pharmaceutical products, including infusion and injection solutions, surgical instruments, and wound management products. In 2020, B. Braun SE introduced a new surgical power tool system, the Aesculap® POWER LINE System, which includes a range of drills, saws, and reamers for orthopedic procedures. The system features ergonomic design and advanced motor technology for precise and efficient surgical performance.
3. AYGUN CO., INC.
AYGUN CO., INC. is a Turkish company founded in 1988 and headquartered in Istanbul, Turkey. It operates in over 100 countries and produces a variety of medical devices, including orthopedic implants, surgical instruments, and sterilization equipment. In 2021, AYGUN CO., INC. announced the launch of the Autoclavable Orthopedic Power Tools, which are designed to be reusable after sterilization. The tools include a range of saws, drills, and reamers for orthopedic procedures.
4. Medtronic
Medtronic is an American medical device company founded in 1949 and headquartered in Dublin, Ireland. It operates in over 160 countries and produces a wide range of medical devices and technologies, including pacemakers, insulin pumps, and spinal cord stimulators. In 2021, Medtronic announced the launch of the POWEREASE® System, a new surgical power tool system for spine and orthopedic procedures. The system features advanced motor technology and ergonomic design for efficient and precise surgical performance.
5. Johnson & Johnson Services, Inc.
Johnson & Johnson Services, Inc. is an American multinational corporation founded in 1886 and headquartered in New Brunswick, New Jersey. It operates in over 60 countries and produces a diverse range of healthcare products, including medical devices, pharmaceuticals, and consumer health products.
6. Zimmer Biomet
Zimmer Biomet is an American medical device company founded in 1927 and headquartered in Warsaw, Indiana. It operates in over 100 countries and produces a wide range of orthopedic implants and instruments, including hip and knee replacements and spinal devices. Zimmer Biomet announced the launch of their new OsseoGuard Flex Resorbable Collagen Membrane in September 2021.
7. Stryker
Stryker is an American medical device company founded in 1941 and headquartered in Kalamazoo, Michigan. It operates in over 100 countries and produces a wide range of medical devices, including orthopedic implants, surgical instruments, and medical imaging equipment. In 2020, Stryker announced the launch of the T2® ICF Intramedullary nailing system, which is a new orthopedic power tool system designed for intertrochanteric hip fractures. The system features advanced locking technology and enhanced visualization for precise and efficient surgical performance.
8. Bmedical bees GmbH
Bmedical bees GmbH is a German medical device company founded in 2018 and headquartered in Berlin, Germany. It operates in several countries and produces medical devices, including sleep apnea devices and ventilation equipment.
9. adeor medical AG
adeor medical AG is a Swiss medical device company founded in 2005 and headquartered in Thalwil, Switzerland. It operates in several countries and produces a wide range of orthopedic implants and instruments, including spinal and trauma devices.
10. Shanghai Bojin Medical Instrument Co., Ltd
Shanghai Bojin Medical Instrument Co., Ltd is a Chinese medical device company founded in 2000 and headquartered in Shanghai, China. It operates in several countries and produces a variety of medical instruments, including surgical instruments and endoscopic devices.
11. CONMED Corporation
CONMED Corporation is an American medical device company founded in 1970 and headquartered in Utica, New York. It operates in over 60 countries and produces a wide range of medical devices, including surgical instruments, endoscopy equipment, and electrosurgery products.
12. NSK/Nakanishi Inc.
NSK/Nakanishi Inc. is a Japanese medical device company founded in 1930 and headquartered in Tokyo, Japan. It operates in several countries and produces a variety of medical and dental instruments, including high-speed handpieces and micromotors.
13. MicroAire Surgical Instruments, LLC
MicroAire Surgical Instruments, LLC is an American medical device company founded in 1978 and headquartered in Charlottesville, Virginia. It operates in over 60 countries and produces a wide range of surgical instruments, including power-assisted liposuction devices and orthopedic instruments.
14. Brasseler USA
Brasseler USA is an American medical device company founded in 1976 and headquartered in Savannah, Georgia. It operates in several countries and produces a variety of dental and medical instruments, including diamond burs, endodontic instruments, and surgical instruments.
15. ARBUTUS MEDICAL
ARBUTUS MEDICAL is a Canadian medical device company founded in 2014 and headquartered in Vancouver, British Columbia. It operates in several countries and produces a range of medical devices, including orthopedic power tools and surgical instruments.
*Definition- Orthopedic power tools are medical devices used to shape, drill, cut, and manipulate bones during orthopedic surgeries. These tools can be electric, pneumatic, or battery-powered and can improve surgical accuracy and efficiency.
