Heavy Power Surgical Tools Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016-2024

Heavy power surgical tools market is experiencing upward trajectory growth, presenting opportunities for medical device manufacturers worldwide. Despite the ongoing slowdown industry has witnessed owing to Great Recession, market is expected to create good market opportunities to players driven by increased healthcare spending and increasing number of orthopedic cases worldwide. Heavy duty surgical tools are used during orthopedic surgeries that help in reliving the traumatic pain. Though the market was valued over US$ 14 Bn in 2015 the industry is highly consolidated with presence across developed regions. As such, companies are focused towards inorganic growth to capitalize on the market. With an expected CAGR of 4.6% between 2016 and 2025, the potential for market innovation and development is vast.

Market Dynamics

Despite the slowdown in the industry over the past two years, the industry is expected to grow at a significant rate. The impetus for growth in heavy power surgical tools is driven by product innovation and increasing consumer demand especially in developing regions.  Asia Pacific alone accounts for over 65% of overall consumer base. Moreover, there has been a significant increase in healthcare spending along with FDI influx in medical devices in developing regions. This is expected to cut down operating cost and create a favorable market for leading players to capitalize the developing markets. Other factors including geriatrics population and favorable regulatory framework are also expected to drive the market.

Segment Analysis

On the basis of therapeutic application, heavy power surgical tool is segmented into orthopedic surgeries, dental surgeries, and ENT surgeries. Orthopedic surgery therapeutic application is expected to lead the market throughout the forecast period. According to American Academy of Orthopedic Surgeons, over 6.6 million orthopedic surgeries were conducted in North America. Expected increase in number of surgeries along with increased growth of medical tourism in the region is expected to create lucrative market opportunities for the players.

Regional Analysis

North America is the world’s leader in heavy power surgical tools. The region accounted for over 55% of global market. This is primarily attributed to presence of leading players along with high healthcare spending and better healthcare amenities. North America spends a larger percent of its GDP on healthcare compared to any other region. Moreover, various reimbursement policies and government initiatives such as Obama care has boosted overall market for medical device including heavy power surgical tools.

The region is followed by Europe and Asia Pacific. Asia Pacific is primarily driven by China and India. This region has a large consumer pool. Relaxation in FDI cap along with healthcare expenditure is expected to create lucrative opportunities for the players in the region. Though the region is expected to create significant demand, Asia Pacific market is highly volatile. As such, companies need to look at the development of heavy power surgical tools along with increased focus on direct distribution channel and cost competitiveness to increase market footprint in the region.

Latin America is expected to witness sluggish growth. The region will be primarily driven by Brazil and Mexico. MEA is expected to add a minor chunk in overall market. These regions are expected to gain upward trajectory during the latter half of the forecast period.

Competitive Analysis

Some of the key players engaged in the heavy power surgical tools are Stryker, Boston Medical, Roche, DePuy Synthes, Medtronic Inc., and Zimmer Biomet, etc. The industry is highly consolidated. Companies need to emphasize on cost competitiveness and inorganic growth to capitalize on the established market.

Research Methodology

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  • Primary Research (Trade Surveys and Experts Interviews)
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  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
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Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

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Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

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  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

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