The report offers detailed coverage of High Speed Surgical Drill industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading High Speed Surgical Drill by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
A high speed surgical drill is a tool fitted with a cutting tool attachment or driving tool attachment, usually a drill bit or driver bit, used for boring holes in various materials or fastening various materials together with the use of fasteners.
High speed surgical drill industry is not much fragmented, manufacturers are mostly in the North America, Europe, China and Japan. Among them, North America, Europe and China output value accounted for more than 80% of the total output value of global high speed surgical drill. Johnson and Johnson is the world leading manufacturer in global high speed surgical drill market with the market share of 12.30%.
Overall, the High Speed Surgical Drill performance is positive, despite the weak economic environment.
The global High Speed Surgical Drill market is expected to reach $566.97 million by 2021 from $469.71 million in 2015, growing at a CAGR of 7.45% from 2015 to 2020. And Europe market is expected to become the biggest market with $179.48 million of revenue in 2021.
In the past few years, as the main raw material price was relatively stable, with the increasing in production capacity, expected that the High Speed Surgical Drill raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and labor costs, will play a significant role in promoting the cost of High Speed Surgical Drill.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality.
The average price of High Speed Surgical Drill will fall further. The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and cost of raw materials.
The report forecast global High Speed Surgical Drill market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global High Speed Surgical Drill market for 2015-2027.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Johnson & Johnson
Medtronic
Brasseler
Conmed
Adeor
Nouvag
Stryker
Aesculap
Aygun
DeSoutter Medical
Smith & Nephew
At the same time, we classify High Speed Surgical Drill according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Pneumatic high-speed surgical drill
Electric high-speed surgical drill
Market by Application
Dentistry
Orthopedics
Neurology
Other
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the High Speed Surgical Drill market for the forecast period 2021 - 2027?
• What are the driving forces in the High Speed Surgical Drill market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the High Speed Surgical Drill industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?