due to the rising volume of surgical procedures performed, growth in aging population, and high prevalence of chronic disorders across the globe. Innovative technological advancements in powered surgical instruments are also propelling market growth. In this report, the global powered surgical instruments market is segmented by power source, product, and application. The market, by power source, is segmented into electric-powered, battery-powered, and pneumatic instruments. By product, the market covers the handpieces; power source and control; and accessories segments. The handpieces market is further subdivided into drills, saws, reamers, staplers, vessel sealing devices, suction coagulators, laparoscopic instruments, shavers, wire/pin drivers, and others. Moreover, the power source and control is divided into electrosurgical units, batteries and chargers, electric consoles, and regulators.
Browse 95 market data tables & 27 figures spread through 200 pages and in-depth TOC on “Powered Surgical Instruments Market" at http://www.rnrmarketresearch.com/powered-surgical-instruments-market-by-power-source-electric-battery-pneumatic-product-drill-saw-stapler-reamer-battery-console-cables-blade-burr-cart-by-application-orthopedic-ent-market-report.html .
The accessories market is subdivided into surgical accessories, electrical accessories, and other accessories. Furthermore, on basis of application, the market is classified into orthopedic surgery, oral maxillofacial surgery, ENT surgery, neurosurgery, plastic and reconstructive surgery, and cardiothoracic surgery. The global powered surgical instruments market is expected to grow at a moderate CAGR during the forecast period of 2014–2019. The market is mainly driven by the growth in aging population and rising healthcare spending globally. However, the need for highly specialized technical knowledge and skills, and the continued pressure to reduce healthcare costs are hampering the growth of the market to a certain extent. The electric-powered surgical instruments segment accounts for the major share of the powered surgical instruments market. However, the battery-powered surgical instruments segment is expected to show the fastest growth.
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By 2019, North America contributed the largest share to the global powered surgical instruments market, followed by Europe, Asia-Pacific, and RoW. Developed geographies like North America and Europe are likely to grow at a lower CAGR as compared to the Asia-Pacific market, which is expected to show the fastest growth during the forecast period, largely driven by the increased healthcare spending, advancing medical tourism industry, rising prevalence of chronic diseases, and increased accessibility to healthcare facilities. Major players in the powered surgical instruments market are 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.), among others.
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