DUBLIN, Jan. 07, 2015 /PRNewswire/ --Research and Marketshttp://www.researchandmarkets.com/research/23xb5h/powered_surgical "Powered Surgical Instruments Market by Power Source, Product & by Application - Global Forecasts to 2019" $1.5 to 1.6 billion
The handpieces market is further segmented into drill systems, saw systems, reamer systems, staplers, vessel sealing devices, suction coagulators, laparoscopic instruments, shavers, wire/pin drivers, and others. Likewise, the power source and control market is segmented into electrosurgical units, batteries and chargers, electric consoles, and regulators. The accessories market is sub-segmented into surgical accessories, electrical accessories, and other accessories.
The market, by application, is classified into orthopedic surgery, oral maxillofacial surgery, ENT surgery, neurosurgery, plastic and reconstructive surgery, and cardiothoracic surgery.
The powered surgical instruments market is further divided into four major regions North America, Europe, Asia-Pacific, and Rest of the World (RoW). These regions are further analyzed at the country-level. The research report discusses key market drivers and restraints of, and the opportunities in, the global market and its submarkets.
In 2013, the electric-powered instruments segment accounted for the largest share of the market. This can be attributed to the low prices of these instruments, and their applications in orthopedic surgery, oral surgery, ENT surgery, neurosurgery, plastic and reconstructive surgery, and cardiothoracic surgery. However, the battery-powered surgical instruments segment is expected to grow at the highest CAGR in the market during the forecast period.
North America represented the largest regional market in 2013, followed by Europe, Asia-Pacific, and RoW. North America and Europe are expected to witness lower growth rates in the coming years than the Asia-Pacific market. The Asia-Pacific region represents the fastest-growing market for powered surgical equipment and accessories, primarily due to the increasing medical tourism, rising prevalence of chronic diseases that require surgical procedures, and increased accessibility to healthcare facilities in the region.
Major players in the market include B. Braun Melsungen AG (Germany), CONMED Corporation (U.S.), Covidien Plc (Ireland), Johnson & Johnson (U.S.), Medtronic, Inc. (U.S.), Stryker Corporation (U.S.), and Zimmer Holdings (U.S.).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Global Powered Surgical Instruments Market, By Power Source
8 Global Powered Surgical Instruments Market, By Product
9 Global Powered Surgical Instruments Market, By Application
10 Powered Surgical Instruments Market, By Geography
11 Competitive Landscape
12 Company Profiles
- B. Braun Melsungen AG
- Brasseler Usa Inc.
- Conmed Corporation
- Covidien Public Limited Company
- Johnson & Johnson
- Medtronic, Inc.
- Olympus Corporation
- Smith and Nephew Plc
- Stryker Corporation
- Zimmer Holdings, Inc.
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SOURCE Research and Markets