Surgical Drill Market Segmentation:
Application Segment Analysis
The orthopedic segment is expected to hold the largest market share by 2035, on the account of rising cases of muscle and bone injury, as well as rising spine injuries amongst the populace. Besides, injuries, there are many disorders of bone such as arthritis, bursitis, tumors, osteoporosis, and pain in the neck, back, hand, wrist, knee, hip, spine, joint, shoulder, arm, and legs. The cause of these disorders can be growing age, repetitive motion of a body part, trauma, or wear and tear during any work. All these issues are related to the musculoskeletal system that comes under orthopedic conditions for that orthopedic surgery are recommended by the doctors that are done through surgical drill. There were 178 million new fractures recorded globally in 2019. Moreover, according to the National Library of Medicine, 33 million skeletal injuries occur in the United States each year, of which 50% are tendon and ligament injuries.
End-user Segment Analysis
The hospital segment in the surgical drill market is expected to garner a significant share by 2035. Hospitals are the first priority for any emergency injuries as they constitute many multispecialty doctors. Severe injuries need the opinion of various doctors before operating on a patient as all parts are interlinked with each other and attached nerves. Hospitals will have all kinds of doctors available at the time which increases the preference of people at the time of emergency situations. All the increasing advancements in the hospital infrastructure to improve patient care and rising facilities for surgical procedures in turn drive the growth of the hospital segment. The number of medical surgical intensive care beds in community hospitals in the U.S. in 2022 was 59,ooo as per the estimations. Further, the rising need for medical services made a significant change in government policies and reimbursements which include surgical procedures.
Our in-depth analysis of the global market includes the following segments:
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