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The orthopedic power tools market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 6%, as per The Business Research Company’s market report!

Read More On The Orthopedic Power Tools Market Report 2022 – https://www.thebusinessresearchcompany.com/report/orthopedic-power-tools-global-market-report

The Orthopedic Power Tools Market Size In 2022 And Forecast

The global orthopedic power tools market is expected to grow from $1.19 billion in 2021 to $1.24 billion in 2022 at a compound annual growth rate (CAGR) of 4.12%. The global orthopedic power tools market is expected to reach $1.58 billion in 2026 at a CAGR of 6.21%.

The orthopedic power tools market consists of sales of orthopedic power tools by entities (organizations, single traders, and partnerships) that refer to tools used to perform surgery on bones or bone fragments.

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The Increasing Prevalence Of Orthopedic Disorders Among The Global Population Is Driving The Growth Of The Orthopedic Power Tools Market

For example, according to the WHO, approximately 1.71 billion people had musculoskeletal conditions worldwide in 2021. Hence, the demand for orthopedic power tools is expected to increase in the forecast period as there will be an increase in orthopedic disorders.

Competitive Landscape And The Regional Analysis Of The Orthopedic Power Tools Market

Major players in the orthopedic power tools market are De Soutter Medical, B Braun Melsungen AG, Aygun Surgical Instruments Co Inc, Medtronic plc, DePuy Synthes Companies, Zimmer Biomet, Stryker Corporation, Exactech Inc, Nouvag AG, Medical Bees GmbH, IMedicom Co Ltd, Adeor Medical AG, Shanghai Bojin Medical Instrument, Allotech Co Ltd, Adeor, ceterixorthopeddics, Orthopromed and MatOrtho.

Additionally, as per TBRC’s research – North America was the largest region in the orthopedic power tools market in 2021 holding the largest market share and Asia-Pacific is expected to be the fastest-growing region in the forecast period.

The Orthopedic Power Tools Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the orthopedic power tools market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the orthopedic power tools market.

Technological Advancement – A Key Trend In The Orthopedic Power Tools Market

Adoption of advanced and innovative technology is a key trend in the orthopedic power tools market. Innovation for sterilizing orthopedic power tools is taking place to improve the efficiency of the treatment procedure.

Orthopedic Power Tools Market Segmentation By The Business Research Company

1) By Product Type: Large Bone Orthopedic Power Tools, Small Bone Orthopedic Power Tools, High Speed Bone Orthopedic Power Tools, Orthopedic Reamers
2) By Technology: Pneumatic Powered, Battery Operated, Electric Powered
3) By End User: Orthopedic Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers

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