Question 1

What are Orthopedic Power Devices?

Accepted Answer

Orthopedic power devices are surgical power tools or orthopedic power devices which are used to perform surgery on bone or bone fragments. These tools help in sawing, drilling, screwing, and reaming.

Question 2

What is the market for Orthopedic Power Devices?

Accepted Answer

Orthopedic Power Devices Market was valued at USD 1.07 billion in 2023, growing at a CAGR of 4.34% during the forecast period from 2024 to 2030 to reach 1.38 billion by 2030.

Question 3

What are the drivers for the Orthopedic Power Devices market?

Accepted Answer

The orthopedic power devices market is experiencing significant growth due to the rising number of trauma cases resulting from road traffic accidents, the rising number of sports-related injuries, and others that are acting as major factors contributing to the overall growth of the orthopedic power devices market during the forecast period from 2024 to 2030.

Question 4

Who are the key players operating in the Orthopedic Power Devices market?

Accepted Answer

Some of the major market players operating in the Orthopedic Power Devices market include Stryker Corporation, CONMED Corporation, Medtronic, Johnson & Johnson Services, Inc, MicroAire Surgical Instruments, LLC, Zimmer Biomet, De Soutter Medical, adeor medical AG, Smith & Nephew, Arthrex Inc, Brasseler USA, Nouvag AG, AYGUN CO.,INC, iMEDICOM, Shanghai Bojin Medical Instrument Co.,Ltd, ORTHOPROMED, Allotech Co. Ltd, medical bees GmbH, MatOrtho Limited, NAKANISHI INC, and others.

Question 5

Which region has the highest share in the Orthopedic Power devices market?

Accepted Answer

Among all the regions, North America is estimated to hold a significant revenue share in the orthopedic power devices market This can be attributed to several factors, including the high incidence of hip and vertebral compression fractures, the growing demand for shoulder replacement surgeries, and ongoing advancements in orthopedic power devices driven by regulatory approvals and innovations from key industry players are the major factors that contribute to the growth of the orthopedic power devices market in the North America region during the forecast period from 2024 to 2030.