Technological advancements and innovations have resulted in major changes in the healthcare industry as well as have influenced all the branches of neurosurgery in the recent years. ELAN 4, a next generation device combined with pneumatic and electric power systems used for neuro and spine surgeries, has been recognized with the iF DESIGN AWARD 2016 Category Medicine.
Moreover, DePuy Synthes has recently launched power tools with high-speed electric system. Product launches and advancements are factors expected to positively impact the growth of the neurosurgery surgical power tools market.
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Minimally invasive surgeries are performed without making major incision reducing hospital stays, trauma, recovery time and post-surgical complications. Shorter hospital stay reduces out of pocket expenses fuelling demand for minimally invasive neurosurgery devices as well as minimally invasive surgical procedures.
Minimal invasive techniques in neurosurgery fuel demand for advanced Neurosurgery Surgical Power Tools. In this regard, doctors prefer specialized Neurosurgery Surgical Power Tools, such as Midas Rex, to minimize the disruption of blood vessels, brain tissues and nerves.
According to a most recent survey by the U.S. government, currently there is one neurosurgeon per 61,000 U.S. population. This ratio is inadequate to meet the current healthcare needs.
Although there are around 5,700 hospitals in the U.S., less than 3,700 neurosurgeons are available throughout the country. Additionally, the group of working neurosurgeons is also aging, where half of those practicing are aged 55 years and above.
Also, if it pertains and the pace of medical education remains consistent, soon there will be a shortage of neurosurgeons, which is expected to negatively impact the growth of the neurosurgery surgical power tools market.
Neurosurgery is one of the debatable topic due to the anatomical complications of the brain and the spatial limitations inherent in neurosurgical procedures. According to several studies by hospitals, approximately 1.7% of patients died during the neurosurgery, and many patients suffered from several complications post-neurosurgery.
The University of Rochester stated that the most common risks during the neurosurgery are infection (2%), venous thromoembolism (3%), and seizures (3%). Thus, the risks associated with neurosurgery is a major factor expected to deter the growth of the neurosurgery surgical power tools market.
The competition section of the report features profiles of key players operating in the neurosurgery surgical power tools market based on their market shares, product offerings, differential strategies, company dashboard and marketing approach.
Some of the key players featured in the neurosurgery surgical power tools market report are Stryker Corporation, ADEOR MEDICAL AG, AYGUN CO., INC, B. Braun Melsungen AG, De Soutter Medical, Johnson & Johnson Services, Inc., ACRA-CUT Inc., KARL STORZ SE & Co. KG, and Medtronic plc., among others.
The key manufacturers of neurosurgery surgical power tools focusing on new marketing strategies to expand their product penetration and geographical footprint in the global neurosurgery surgical power tools market.
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The pneumatic and electric neurosurgical drills are the devices used by surgeons to treat the brain and skull injuries. Electric drills generally work on power, and the pneumatic drill system is a surgical instrument system powered hydraulically.
However, the electric-operated power sources are less expensive as compared to pneumatic neurosurgery surgical power tools. These neurosurgery surgical power tools devices are used as drilling tools to cut or drill bits on the skull, and for removing both hard and soft tissues and bones during open and minimally invasive spine procedures.
The company conducted a research study on neurosurgery surgical power tools market for the forecast period 2022 to 2032.
The neurosurgery surgical power tools market report offers a comprehensive evaluation of the business opportunities prevailing in the neurosurgery surgical power tools market along with insights on the neurosurgery surgical power tools market consumer adoption process, pricing impact analysis, competition blueprint, iceberg analysis, and list of distributors for neurosurgery surgical power tools market.
The report explains the macroeconomic factors which are influencing the dynamics of neurosurgery surgical power tools market and its futuristic potential.
Some of the additional questions addressed in this report on neurosurgery surgical power tools Market-
For answers of all the possible questions required for gauging performance of Neurosurgery Surgical Power Tools Market, get in touch with our expert analyst.
The neurosurgery surgical power tools report offers a comprehensive taxonomy of neurosurgery surgical power tools market based on product type, end user and region.
The neurosurgery surgical power tools market is expected to grow at a CAGR of 4.5% through 2032.
Anatomical complications of the brain and spatial limitations in neurosurgical procedures can curb the market growth.
The neurosurgery surgical power tools market is expected to surpass US$ 1.99 billion by 2032.
North America is the leading market of neurosurgery surgical power tools.
1. Executive Summary 1.1. Market Overview 1.2. Market Analysis 1.3. FMI Analysis and Recommendations 1.4. Wheel of Fortune 2. Market Introduction A definition of Neurosurgery Surgical Power Tools Market and related market taxonomy 2.1. Market Taxonomy 2.2. Market Definition 3. Neurosurgery Surgical Power Tools Market Opportunity Analysis Tracking the market scenario, with key inferences drawn from historical data, current trends, and future prospects 3.1. Macro-Economic Factors 3.2. Opportunity Analysis 4. Market Background 4.1. Market Dynamics 4.1.1. Drivers 4.1.2. Restraints 4.1.3. Trends 5. Global Economic Outlook 5.1. Gross Domestic Product by Region & Country, 2016 – 2021 6. Key Inclusions 6.1. Pricing Analysis, By Region 6.2. Value chain Analysis 6.3. Regulations 6.4. Iceberg Analysis 7. North America Neurosurgery Surgical Power Tools Market Analysis 2013–2017 and Forecast 2018–2028 Market forecast and analysis in the U.S. and Canada 7.1. Introduction 7.2. Historical Market Size (US$ Mn) Analysis By Country, 2013-2017 7.2.1. U.S. 7.2.2. Canada 7.3. Market Size (US$ Mn) Forecast By Country, 2018-2028 7.4. Historical Market Size (US$ Mn) Trend Analysis By Product Type, 2013-2017 7.4.1. Pneumatic Neurosurgical Drills 7.4.2. Electric Neurosurgical Drills 7.5. Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2018-2028 7.6. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017 7.6.1. Hospitals 7.6.2. Neurosurgical Centers 7.7. Market Size (US$ Mn) Forecast By End User, 2018-2028 7.8. Market Attractiveness Analysis 7.8.1. By Country 7.8.2. By Product Type 7.8.3. By End User 7.9. Drivers and Restraints: Impact Analysis 7.10. Key Market Participants – Intensity Mapping 8. Latin America Neurosurgery Surgical Power Tools Market Analysis 2013–2017 and Forecast 2018–2028 Market forecast and analysis in Brazil, Mexico, and Rest of Latin America 8.1. Introduction 8.2. Historical Market Size (US$ Mn) Analysis By Country, 2013-2017 8.2.1. Brazil 8.2.2. Mexico 8.2.3. Rest of Latin America 8.3. Market Size (US$ Mn) Forecast By Country, 2018-2028 8.4. Historical Market Size (US$ Mn) Trend Analysis By Product Type, 2013-2017 8.4.1. Pneumatic Neurosurgical Drills 8.4.2. Electric Neurosurgical Drills 8.5. Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2018-2028 8.6. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017 8.6.1. Hospitals 8.6.2. Neurosurgical Centers 8.7. Market Size (US$ Mn) Forecast By End User, 2018-2028 8.8. Market Attractiveness Analysis 8.8.1. By Country 8.8.2. By Product Type 8.8.3. By End User 8.9. Drivers and Restraints: Impact Analysis 8.10. Key Market Participants – Intensity Mapping 9. Europe Neurosurgery Surgical Power Tools Market Analysis 2013–2017 and Forecast 2018–2028 Market forecast and analysis in Germany, France, Italy, Spain, U.K.,Russia and rest of Europe 9.1. Introduction 9.2. Historical Market Size (US$ Mn) Analysis By Country, 2013-2017 9.2.1. Germany 9.2.2. U.K. 9.2.3. France 9.2.4. Italy 9.2.5. Spain 9.2.6. Russia 9.2.7. Rest of Europe 9.3. Market Size (US$ Mn) Forecast By Country, 2018-2028 9.4. Historical Market Size (US$ Mn) Trend Analysis By Product Type, 2013-2017 9.4.1. Pneumatic Neurosurgical Drills 9.4.2. Electric Neurosurgical Drills 9.5. Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2018-2028 9.6. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017 9.6.1. Hospitals 9.6.2. Neurosurgical Centers 9.7. Market Size (US$ Mn) Forecast By End User, 2018-2028 9.8. Market Attractiveness Analysis 9.8.1. By Country 9.8.2. By Product Type 9.8.3. By End User 9.9. Drivers and Restraints: Impact Analysis 9.10. Key Market Participants – Intensity Mapping 10. Asia Pacific Neurosurgery Surgical Power Tools Market Analysis 2013–2017 and Forecast 2018–2028 Market forecast and analysis in India, China, Japan, South Korea and Rest of Asia Pacific 10.1. Introduction 10.2. Historical Market Size (US$ Mn) Analysis By Country, 2013-2017 10.2.1. China 10.2.2. India 10.2.3. Japan 10.2.4. south Korea 10.2.5. Rest of APAC 10.3. Market Size (US$ Mn) Forecast By Country, 2018-2028 10.4. Historical Market Size (US$ Mn) Trend Analysis By Product Type, 2013-2017 10.4.1. Pneumatic Neurosurgical Drills 10.4.2. Electric Neurosurgical Drills 10.5. Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2018-2028 10.6. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017 10.6.1. Hospitals 10.6.2. Neurosurgical Centers 10.7. Market Size (US$ Mn) Forecast By End User, 2018-2028 10.8. Market Attractiveness Analysis 10.8.1. By Country 10.8.2. By Product Type 10.8.3. By End User 10.9. Drivers and Restraints: Impact Analysis 10.10. Key Market Participants – Intensity Mapping 11. Middle East and Africa Neurosurgery Surgical Power Tools Market Analysis 2013–2017 and Forecast 2018–2028 Market forecast and analysis in GCC Countries, South Africa and Rest of MEA 11.1. Introduction 11.2. Historical Market Size (US$ Mn) Analysis By Country, 2013-2017 11.2.1. GCC Countries 11.2.2. South Africa 11.2.3. Rest of Middle East and Africa 11.3. Market Size (US$ Mn) Forecast By Country, 2018-2028 11.4. Historical Market Size (US$ Mn) Trend Analysis By Product Type, 2013-2017 11.4.1. Pneumatic Neurosurgical Drills 11.4.2. Electric Neurosurgical Drills 11.5. Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2018-2028 11.6. Historical Market Size (US$ Mn) Trend Analysis By End User, 2013-2017 11.6.1. Hospitals 11.6.2. Neurosurgical Centers 11.7. Market Size (US$ Mn) Forecast By End User, 2018-2028 11.8. Market Attractiveness Analysis 11.8.1. By Country 11.8.2. By Product Type 11.8.3. By End User 11.9. Drivers and Restraints: Impact Analysis 11.10. Key Market Participants – Intensity Mapping 12. Forecast Factors: Relevance and Impact 13. Forecast Assumptions 14. Market Structure Analysis 14.1. Market Structure by Tier 14.2. Market Share Analysis (2017) 14.3. Product Intensity Mapping by Key Manufacturer 15. Competition Analysis Profile of some of the key market players, with specific focus on business and Services strategy 15.1. Competition Dashboard 15.2. Competitors Deep Dive 15.2.1. Stryker Corporation 15.2.1.1. Overview 15.2.1.2. Product and Application Portfolio 15.2.1.3. Analyst Commentary 15.2.1.4. Key Developments by Target Product Category 15.2.1.4.1. Marketing Strategy 15.2.1.4.2. Product Strategy 15.2.1.4.3. Channel Strategy 15.2.2. ADEOR MEDICAL AG. 15.2.3. AYGUN CO., INC 15.2.4. B. Braun Melsungen AG 15.2.5. De Soutter Medical 15.2.6. Johnson & Johnson Services, Inc. 15.2.7. ACRA-CUT Inc. 15.2.8. KARL STORZ SE & Co. KG 15.2.9. Medtronic plc 16. Global Neurosurgery Surgical Power Tools Market Analysis 2013–2017 and Forecast 2018–2028 By Region 16.1. Introduction / Key Findings 16.2. Historical Market Size (US$ Mn) Analysis By Region 16.2.1. North America 16.2.2. Latin America 16.2.3. Europe 16.2.4. Asia Pacific 16.2.5. Middle East and Africa 16.3. Market Size (US$ Mn) Forecast By Region 16.4. Market Attractiveness Analysis By Region 17. Global Neurosurgery Surgical Power Tools Market Analysis 2013–2017 and Forecast 2018–2028, By Product Type Classification of Neurosurgery Surgical Power Tools Market by Product Type, highlighting historical trends, current market value, and future projections on the basis of key segments 17.1. Introduction/Key Finding 17.2. Historical Market Size (US$ Mn) By Product Type, 2013-2017 17.2.1. Pneumatic Neurosurgical Drills 17.2.2. Electric Neurosurgical Drills 17.3. Market Size (US$ Mn) and Volume (Units) Forecast By Product Type, 2018-2028 17.4. Market Attractiveness Analysis By Product Type 18. Global Neurosurgery Surgical Power Tools Market Analysis 2013–2017 and Forecast 2018–2028, By End User Classification of Neurosurgery Surgical Power Tools Market by End User, highlighting historical trends, current market value, and future projections on the basis of key segments 18.1. Introduction/Key Finding 18.2. Historical Market Size (US$ Mn) Analysis By End User, 2013-2017 18.2.1. Hospitals 18.2.2. Neurosurgical Centers 18.3. Market Size (US$ Mn) Forecast By End User, 2018-2028 18.4. Market Attractiveness Analysis By End User 19. Global Neurosurgery Surgical Power Tools Market Analysis 2013–2017 and Forecast 2018–2028 19.1. Market Value Share Analysis By All Segment 19.2. Y-o-Y Growth Analysis By All Segment 19.3. Absolute $ Opportunity 20. Assumptions and Acronyms Used A glossary of assumption and acronyms used in the report Research Methodology
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