Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Orthopedics is the treatment of conditions involving the musculoskeletal system, which includes musculoskeletal trauma, spine diseases, injuries, infections, genetic disorders, etc. Different procedures are performed by using electrical instruments and accessories while other equipment are pneumatic that are powered using nitrogen gas. Orthopedic power tools are light in weight, easy-to-assemble, and user friendly as compared to conventional heavy tools, which are expected to boost growth of the orthopedic power tools market.

Global Orthopedic Power Tools Market - Impact of the Coronavirus (COVID – 19) Pandemic

The COVID – 19 pandemic is expected to drive growth of the global orthopedic power tools market over the forecast period. According to the Journal of Clinical Orthopedics and trauma, on May, 2020, the coronavirus affects the bones and joints of the patients. Therefore, many orthopedic doctors have been deployed for the monitoring of patients suffering from coronavirus infection. The coronavirus infection causes pain to the patients, which leads to the incapability of patients to perform daily activities. For the treatment of such patients, there has been increasing manufacture of orthopedic implants, tools, instruments and also increase in the ongoing research and development activities for the development of more orthopedic solutions.

The global orthopedic power tools market is estimated to be valued at US$ 943.8 million in 2020 and is expected to witness a robust CAGR of 3.5 % over the forecast period (2020 - 2027).

Figure 1: Global Orthopedic Power Tools Market Share (%) Analysis, By Product Type 2020

Orthopedic Power Tools  | Coherent Market Insights

Increasing prevalence of orthopedic disorders among the population is expected to drive the global orthopedic power tools market growth

Rising prevalence of osteoarthritis globally is the major factor bolstering the market growth. For instance, according to the World Health Organization, 2019, osteoarthritis is considered as one out of ten disabling diseases in the developed countries. According to the same source, it is estimated that there are 9.6% men and 18.0% women over 60 years of age suffering from symptomatic osteoarthritis, worldwide. Furthermore, 80% people suffering from osteoarthritis have limitations in movement, while 20% of patients cannot carry out their major day to day activities.

Key players are involved in inorganic strategies such as acquisitions, collaborations etc., in order to modify the products by combining the technologies of both the companies

Market players are engaged in inorganic activities such as acquisitions and collaborations, which is expected to enhance their product portfolio and strengthen their position in the global market. For instance, in 2019, Medtronic Plc. acquired Titan Spine, a titanium spine interbody implant and surface technology company. Medtronic Plc. also acquired the complete product portfolio of Titan Spine and is planning to combine the nanoLock surface technology of Titan Spine with technologies of Medtronic Plc., in order to improve the positive impact on patient outcomes during spinal surgical procedures.

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Orthopedic Power Tools Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2020: US$ 943.8 Mn
Historical Data for: 2017 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 3.5 % 2027 Value Projection: US$ 1,243.9 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC, Israel and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Product Type: Large Bone Orthopedic Power Tools, Small Bone Orthopedic Power Tools, High Speed Orthopedic Power Tools, Orthopedic Reamers.
  • By Technology: Electric Powered Systems, Battery Operated Powered Systems, Pneumatic Powered Systems.
  • By End User: Orthopedic Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers.
Companies covered:

De Soutter Medical Ltd, B. Braun Melsungen AG, AYGUN CO.,INC, Medtronic Plc., DePuy Synthes Companies (Johnson & Johnson), Zimmer Biomet, Stryker Corporation, Exactech, Inc., ERMIS MedTech GmbH, Nouvag AG, Medical Bees GmbH, iMEDICOM, Adeor medical AG, Shanghai Bojin Medical Instrument Co. Ltd, and AlloTech Co. LTD

Growth Drivers:
  • Increasing product launches
  • Increasing prevalence of orthopedic disorders
Restraints & Challenges:
  • High cost of treatment

Global Orthopedic Power Tools Market - Restraints

The high cost of the orthopedic power tools is expected to restrain the global orthopedic power tools market growth over the forecast period. For instance, the orthopedic power tools are very costly, leading to low utilization of these products in the low / middle income region. For instance, Multifunction Ortho Drill & Saw Set costs around US$ 2 – 3 thousand per piece. Similarly, all other products are in the range from US$ 1 – 3 thousand.

In 2016, the U.S. Food and Drug Administration (U.S. FDA) issued a Class I designation product recall for DePuy Synthes Companies’ (Johnson & Johnson) product, surgical tool power 451 adaptor and light adaptor power sources, as they were found to produce extreme internal pressure and were thought to explode. 

Global Orthopedic Power Tools Market - Regional Analysis

On the basis of region, the global orthopedic power tools market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

North America is expected to hold dominant position in the orthopedic power tools market, owing to the increasing research and development activities and increasing product launches in the region. For instance, in 2018, Medtronic Plc. launched Mazor X Stealth Edition for spine surgery in the U.S., which was developed by Mazor Robotics, a subsidiary of Medtronic Plc.

Figure 2: Global Orthopedic Power Tools Market Value (US$ Mn) & Y-o-Y Growth (%), 2016 - 2027

Orthopedic Power Tools  | Coherent Market Insights

Global Orthopedic Power Tools Market - Competitive Landscape

Some of the key players operating in the global orthopedic power tools market include De Soutter Medical Ltd, B. Braun Melsungen AG, AYGUN CO.,INC, Medtronic Plc., DePuy Synthes Companies (Johnson & Johnson), Zimmer Biomet, Stryker Corporation, Exactech, Inc., ERMIS MedTech GmbH, Nouvag AG, Medical Bees GmbH, iMEDICOM, Adeor medical AG, Shanghai Bojin Medical Instrument Co. Ltd, and AlloTech Co. LTD.

Powered orthopedic instruments are used in orthopedic procedures such as shoulder, knee, wrist and joint replacement surgeries, and other orthopedic procedures. The orthopedic power tools used for such procedures are of three types, i.e., electric powered devices, operated through electricity (wall mount); battery powered devices, which utilize lithium ion batteries; and pneumatic powered devices that operates due to the air pressure, which is generated through an air reservoir attached to the device.

Market Dynamics

Increasing product launches is expected to drive the global orthopedic power tools market growth over the forecast period. For instance, in October 2017, Portecap launched new high torque brushless DC motor for large bones orthopedic powered hand tools, which is the expansion of the Ultra EC range of brushless DC slotless motors.

Market players are engaged in inorganic activities such as acquisition and collaborations in order to enhance their product portfolio and strengthen their position in the global market, which is expected to propel the global orthopedic power tools market growth. For instance, in 2018, DePuy Synthes, a part of the Johnson & Johnson Medical Devices Company, acquired Medical Enterprises Distribution, LLC. The acquisition has led to the addition of ME1000 Surgical Impactor tool to the DePuy Synthes product portfolio. ME1000 Surgical Impactor tool is extensively used in hip surgery.

Key features of the study:

  • This report provides an in-depth analysis of global orthopedic power tools market, provides market size (US$ 943.8 Million), and compound annual growth rate (CAGR 3.5 %) for the forecast period (2020 – 2027), considering 2019 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global orthopedic power tools market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include De Soutter Medical Ltd, B. Braun Melsungen AG, AYGUN CO.,INC, Medtronic Plc., DePuy Synthes Companies (Johnson & Johnson), Zimmer Biomet, Stryker Corporation, Exactech, Inc., ERMIS MedTech GmbH, Nouvag AG, Medical Bees GmbH, iMEDICOM, Adeor medical AG, Shanghai Bojin Medical Instrument Co. Ltd, and AlloTech Co. LTD.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
  • The global orthopedic power tools market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision making through various strategy matrices used in analyzing the orthopedic power tools market

Detailed Segmentation:

  • Global Orthopedic Power Tools Market, By Product Type:
    • Large Bone Orthopedic Power Tools
    • Small Bone Orthopedic Power Tools
    • High Speed Orthopedic Power Tools
    • Orthopedic Reamers
  • Global Orthopedic Power Tools Market, By Technology:
    • Electric Powered Systems
    • Battery Operated Powered Systems
    • Pneumatic Powered Systems
  • Global Orthopedic Power Tools Market, By End Users:
    • Orthopedic Hospitals
    • Orthopedic Clinics
    • Ambulatory Surgical Centers
  • Global Orthopedic Power Tools Market, By Region:
    • North America
      • By Country
        • U.S.
        • Canada
      • By Product Type:
        • Large Bone Orthopedic Power Tools
        • Small Bone Orthopedic Power Tools
        • High Speed Orthopedic Power Tools
        • Orthopedic Reamers
      • By Technology
        • Electric Powered Systems
        • Battery Operated Powered Systems
        • Pneumatic Powered Systems
      • By End Users
        • Orthopedic Hospitals
        • Orthopedic Clinics
        • Ambulatory Surgical Centers
    • Europe
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
      • By Product Type:
        • Large Bone Orthopedic Power Tools
        • Small Bone Orthopedic Power Tools
        • High Speed Orthopedic Power Tools
        • Orthopedic Reamers
      • By Technology
        • Electric Powered Systems
        • Battery Operated Powered Systems
        • Pneumatic Powered Systems
      • By End Users
        • Orthopedic Hospitals
        • Orthopedic Clinics
        • Ambulatory Surgical Centers
    • Asia Pacific
      • By Country:
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
      • By Product Type:
        • Large Bone Orthopedic Power Tools
        • Small Bone Orthopedic Power Tools
        • High Speed Orthopedic Power Tools
        • Orthopedic Reamers
      • By Technology
        • Electric Powered Systems
        • Battery Operated Powered Systems
        • Pneumatic Powered Systems
      • By End Users
        • Orthopedic Hospitals
        • Orthopedic Clinics
        • Ambulatory Surgical Centers
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
      • By Product Type:
        • Large Bone Orthopedic Power Tools
        • Small Bone Orthopedic Power Tools
        • High Speed Orthopedic Power Tools
        • Orthopedic Reamers
      • By Technology
        • Electric Powered Systems
        • Battery Operated Powered Systems
        • Pneumatic Powered Systems
      • By End Users
        • Orthopedic Hospitals
        • Orthopedic Clinics
        • Ambulatory Surgical Centers
    • Middle East
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
      • By Product Type:
        • Large Bone Orthopedic Power Tools
        • Small Bone Orthopedic Power Tools
        • High Speed Orthopedic Power Tools
        • Orthopedic Reamers
      • By Technology
        • Electric Powered Systems
        • Battery Operated Powered Systems
        • Pneumatic Powered Systems
      • By End Users
        • Orthopedic Hospitals
        • Orthopedic Clinics
        • Ambulatory Surgical Centers
    • Africa
      • By Country/Region:
        • South Africa
        • Central Africa
        • North Africa
      • By Product Type:
        • Large Bone Orthopedic Power Tools
        • Small Bone Orthopedic Power Tools
        • High Speed Orthopedic Power Tools
        • Orthopedic Reamers
      • By Technology
        • Electric Powered Systems
        • Battery Operated Powered Systems
        • Pneumatic Powered Systems
      • By End Users
        • Orthopedic Hospitals
        • Orthopedic Clinics
        • Ambulatory Surgical Centers
  • Company Profiles
    • De Soutter Medical Ltd *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Highlights
      • Strategies
    • Braun Melsungen AG
    • AYGUN CO. INC.
    • Medtronic Plc.
    • DePuy Synthes Companies (Johnson & Johnson)
    • Zimmer Biomet
    • Stryker Corporation
    • Exactech, Inc.
    • ERMIS MedTech GmbH
    • Nouvag AG
    • Medical Bees GmbH
    • iMEDICOM
    • Adeor medical AG
    • Shanghai Bojin Medical Instrument Co. Ltd
    • AlloTech Co. LTD

“*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Technology
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Key Developments
    • Market Trends
    • Merger and Acquisitions
    • New Product Approvals/Launch
    • PEST Analysis
    • PORTER’s Analysis
  4. Covid – 19 Impact Analysis
    • Covid - 19 Epidemiology
    • Supply and Demand Impact on Orthopedic Power Tools
  5. Global Orthopedic Power Tools Market, By Product Type, 2016 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 - 2027
      • Segment Trends
    • Large Bone Orthopedic Power Tools
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2027, (US$ Million)
    • Small Bone Orthopedic Power Tools
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2027, (US$ Million)
    • High Speed Orthopedic Power Tools
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2027, (US$ Million)
    • Orthopedic Reamers
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2027, (US$ Million)
  6. Global Orthopedic Power Tools Market, By Technology, 2016 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Y-O-Y Growth Analysis, 2017 - 2027
      • Segment Trends
    • Electric Powered Systems
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2027, (US$ Million)
    • Battery Operated Powered Systems
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2027, (US$ Million)
    • Pneumatic Powered Systems
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2027, (US$ Million)
  7. Global Orthopedic Power Tools Market, By End User, 2016 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Y-O-Y Growth Analysis, 2017 - 2027
      • Segment Trends
    • Orthopedic Hospitals
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2027, (US$ Million)
    • Orthopedic Clinics
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2027, (US$ Million)
    • Ambulatory Surgical Centers
      • Introduction
      • Market Size and Forecast, and Y-O-Y Growth, 2016 - 2027, (US$ Million)
  8. Global Orthopedic Power Tools Market, By Region, 2016 - 2027 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2020 and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2017 - 2027
      • Regional Trends
    • North America
      • Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By Technology, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 - 2027 (US$ Mn)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By Technology, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 - 2027 (US$ Mn)
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By Technology, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 - 2027 (US$ Mn)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By Technology, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 - 2027 (US$ Mn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Middle East
      • Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By Technology, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By Country, 2016 - 2027 (US$ Mn)
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By Product Type, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By Technology, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By End User, 2016 - 2027 (US$ Mn)
      • Market Size and Forecast, By Country/Region, 2016 - 2027 (US$ Mn)
        • South Africa
        • Central Africa
        • North Africa
  9. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • De Soutter Medical Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Braun Melsungen AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • AYGUN CO.,INC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Medtronic Plc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • DePuy Synthes Companies (Johnson & Johnson)
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Zimmer Biomet
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Stryker Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Exactech, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • ERMIS MedTech GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Nouvag AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Medical Bees GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • iMEDICOM
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Adeor medical AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • Shanghai Bojin Medical Instrument Co. Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
      • AlloTech Co. LTD
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
        • Strategies
    • Analyst Views
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 33 market data tables and 24 figures on "Orthopedic Power Tools Market” - Global Forecast to 2027”.

Frequently Asked Questions

The global orthopedic power tools market is expected to register a CAGR of 3.5% during the forecast period (2020-2027).
The value of the global orthopedic power tools market is estimated to be US$ 943.8 million in 2020.
B. Braun Melsungen AG, Medtronic Plc., DePuy Synthes Companies (Johnson & Johnson), Zimmer Biomet, and Stryker Corporation are some of the prominent players operating in the global orthopedic power tools market.
The orthopedic power tools market is expected to be valued at US$ 1,243.9 million in 2027.
North America is the prominent region in the orthopedic power tools market.
Rising number of product launches, and increasing prevalence of orthopedic disorders are the major factors driving growth of the orthopedic power tools market.
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