New York, According to a new market research report published by Global Insight Services “Surgical Drill Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
A surgical drill is a type of power tool that is commonly used in a variety of surgical procedures. It is most often used to create holes in bone or other hard tissue. The drill consists of a hand-held power unit that is connected to a drill bit. The drill bit is rotated at a high speed and is pressed against the tissue to be drilled.
A surgical drill is a versatile tool that can be used for a variety of different procedures. It is most commonly used in orthopedic surgery, but can also be used in neurosurgery, ENT surgery, and other types of surgery. The drill can be used to create holes for implants, remove bone or other tissue, or prepare the site for a graft.
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Key Trends
Some of the key trends in surgical drill technology include:
1. Smaller and more powerful drills: Newer drills are smaller and more powerful than ever before. They can be used to drill through tougher materials and reach tighter spaces.
2. More precise drills: Newer drills are more precise than ever before. This means that they can be used to drill smaller holes and create more detailed designs.
3. More portable drills: Newer drills are more portable than ever before. This means that they can be used in a variety of settings, including in the home, in the office, and in the hospital.
4. Easier to use drills: Newer drills are easier to use than ever before. This means that even novice users can quickly learn how to use them.
Key Drivers
The key drivers of the surgical drill market are the increasing number of surgical procedures, the rising prevalence of chronic diseases, the growing number of accidents and trauma cases, and the increasing number of geriatric population.
The number of surgical procedures is increasing due to the rising prevalence of chronic diseases such as cancer, cardiovascular diseases, and orthopedic disorders. The growing number of accidents and trauma cases is also leading to an increase in the number of surgical procedures. Additionally, the number of geriatric population is increasing, which is expected to drive the demand for surgical drills.
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Market Segments
By Product
- Electric Drills
- Battery Powered Drills
- Accessories
- Others
By Application
- Neurosurgery
- Ear Nose Throat (ENT)
- Dental Surgery
- Others
Key Market Players
The surgical drill market report includes players such as Dentsply Sirona, Arthrex, Inc., MSI France, IMEX Veterinary, Inc., Integra Life Science, Stryker Corp., Institut Straumann AG, Teleflex Incorporated, Conmed Corp., Medline Industries, Inc.
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Reasons to buy Surgical Drill Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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