Surgical Power Tools Market Outlook:
Surgical Power Tools Market size was valued at USD 3.02 Billion in 2024 and is poised to reach USD 5.9 Billion by the end of 2037, registering around 7.02% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of surgical power tools is estimated at USD 3.18 billion.
According to the report of the UN Population, the growth of the aging population will lead to higher demand for surgeries and push the market of surgical power tools within the global platform. The practice of minimally invasive surgery led to higher adoption in arthroscopic and laparoscopic surgeries. Digital integration enabled the efficiency of the tools and delivered a scope of drawing automation and real-time monitoring functioning within the surgeries. As per the reporting of the World Health Organization, over 1.5 billion aged people are the key growth drivers for the growth of the surgical power tools due to the high demand for osteoarthritis and bone fractures.
The supply chain of surgical power tools is dependent on medical-grade stainless steel, cobalt-chromium, titanium, and many other materials. The market of the U.S., Germany, and Japan is considered the manufacturing hubs for an assembly line of surgical power tools. The report published by the U.S. Bureau of Labor Statistics, the growth of both PPI with 3.9% and CPI with 4.4% is addressed in 2024. The research, development, and deployment is escalated through NIH allocation of over USD 400 million in 2024. This will push the demand for surgical tools and expand the market within the global range.
Surgical Power Tools Market - Growth Drivers and Challenges
Growth Drivers
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Government spending and Medicare coverage: The Medicare spending for surgical power tools reached USD 1.3 billion, approximately, in 2023. Government spending in expanded in the global market of surgical power tools that creating a better scope for research and development to enrich the efficiency of the tools. For instance, a report published by the FDA has cleared funding allocation of 19% YoY for the adoption of robotic-assisted tools. This has resulted in high participation of the stakeholders within the market and a drive towards growth.
- Rising geriatric population: The global aging population is expanding, which results in an increased number of patients with joint pain. For instance, more than 1 million joint replacements are performed in North America, which is anticipated to grow by more than 135% by 2030. The rate of surgeries within Germany for orthopedics has risen to an average of 979,800 annually, which is almost 21.82% of the aged population of the country in 2024. Expansion of the ageing population has created the need for surgical treatment, and thereby the demand for surgical power tools is expanding continuously.
Manufacturing Strategies to Ensure Market Expansion
Leading companies within the surgical power tools industry have followed the three strategies mainly to gain higher dominance within the market. For instance, Stryker has gained 18.9% of the market share in 2023 through their robotic tools of the Mako system. On the contrary, Zimmer Biomet has reduced the chances of infection by 15.7% through a single-use drill that has elevated their sales by more than USD 115 million.
|
Company |
Strategy Implemented |
Projected Revenue Impact (USD) |
Implementation Year |
|
Stryker |
Robotic-assisted drills |
+445 million |
2023 |
|
Johnson & Johnson |
India production hub |
+295 million |
2023 |
|
Medtronic |
AI-powered saws |
+185 million |
2024 |
|
Zimmer Biomet |
Investment in a startup developing microbiome-based therapy |
+125 million |
2023 |
Key Market Dynamics for Historical Patient Growth
A transformative phase within the market of surgical power has been observed within the period 2010-2020. The key factors that have led to the historical growth of the market include the advancement of technology and a focus on minimally invasive surgery. The markets of the U.S. and Japan have quickly adapted to the technologically advanced healthcare infrastructure development, which has accelerated the prospects of the market. Three leading dynamics is identified within the historical patient growth that include
The following table denotes historical patient growth in the past ten years across different countries:
|
Country |
2010 Procedures (millions) |
2020 Procedures (millions) |
CAGR (%) |
|
USA |
2.6 |
4.0 |
6.7% |
|
Germany |
0.8 |
1.8 |
6.2% |
|
France |
0.9 |
1.4 |
5.7% |
|
Spain |
0.7 |
1.1 |
6.2% |
|
Australia |
0.8 |
0.9 |
7.6% |
|
Japan |
1.6 |
2.8 |
7.4% |
|
India |
0.7 |
1.6 |
10.9% |
|
China |
1.8 |
4.3 |
10.8% |
Challenges
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Regulatory delays: Government possesses high control over the price management of the surgical power tools within the global platform. For instance, Germany's IQWiG has levied a cost-effectiveness threshold on the surgical power tools to ensure proper control over the premium pricing of the products. This has led Stryker to a 16% price reduction on its Mako robotic system to align with the regulatory guideline provided by IQWiG. Reimbursement barriers are also a significant aspect that brings hurdles within the market expansion of surgical power tools. As per the market performance of U.S. Medicare, 35.9% of the health care coverage has been provided by the Medicaid program, which poses an obstacle for low-income patients to access the facilities.
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High upfront cost: The manufacturing cost of the surgical power tools is quite high as comparison to the traditional tools used. As per the market data evaluation, the Mako cost is approximately more than USD 1.1 billion, which has been launched by Stryker. According to the market published by WHO, 22% of the hospitals within the market of India can afford high-cost technologies within their healthcare performance. Thereby, the equal access to surgical power tools is not unified within the global platform, which can be a major challenge for the market to achieve robust growth.
Surgical Power Tools Market Size and Forecast:
| Report Attribute | Details |
|---|---|
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
7.02% |
|
Base Year Market Size (2024) |
USD 3.02 billion |
|
Forecast Year Market Size (2037) |
USD 5.9 billion |
|
Regional Scope |
|
Surgical Power Tools Market Segmentation:
Product Type Segment Analysis
Surgical drills is addressed as the most dominant segment in the market of surgical power tools. An expectation of an accumulated market share of 55.4% has been predicted to be achieved by 2037. Better bone penetration ability, in contrast to the manual tool, has elevated the demand specifically within the spinal and cranial operations. Technological advancement is developing an advanced scope for robot-assisted drilling tools that will be used within spine and brain surgeries.
Technology Trends Segment Analysis
Battery-powered market is projected to achieve a market share of 23% in 2037. The device enables flexible and portable handling within healthcare procurement. Longevity of the product with the help of Li-ion batteries enhances the efficiency of the product. Potential factors of technological trends have elevated healthcare performance and raised reliability and safety factors for patients.
Our in-depth analysis of the global surgical power tool market includes the following segments:
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Segment |
Subsegment |
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Product Type |
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Technology Trends |
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Application Breakdown |
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End-User Analysis |
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Device Type Forecast |
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Customize this ReportSurgical Power Tools Market - Regional Analysis
North America Market Insights
North America has secured the dominant position within the global platform in the surgical power tools market. The current market is evaluated with a market size of USD 1.4 billion in 2024 and is anticipated to achieve USD 3 billion with a CAGR of 7.1% by 2037. A prediction is anticipated to achieve a market share of 39% by 2037. The rising number of chronic diseases and demand from patients for a minimally invasive surgical strategy has created a high demand for surgical power tools. The market is likely to shift towards robotic surgery adoption with the development of the healthcare infrastructure.
Prediction of the ageing population within the U.S. is expected to reach approximately more than 80% of North America’s market share in 2037. This has created a market possess high potential to experience high demand in the surgical power tools market. Spending on musculoskeletal surgeries reached more than USD 660 million in 2024, which has identified the switch of the market towards outpatient procedures. Factors like the expansion of medical coverage within outpatient procedures and the obsolescence of some segments of inpatient procedures have led to the expansion of the surgical power tools market. A projection to achieve a market share of 43.26% within the surgical power tool market by 2037 is computed.
The market share of the surgical power tools in Canada is poised to reach 14% the North America’s market share by 2037. According to the data published by British Columbia, surgical renewal initiatives have exhibited that more than 365,750 surgeries is conducted using the surgical power tools in 2023-2024. The government has allocated more than USD 190 billion over ten years to bring rapid development within the healthcare services and digitalization of the infrastructure. These driving factors have led the market to develop a strong trust and accessibility for patients within Canada.
Europe Regional Market Insights
Elevation in the ageing population and advancement of the surgical technologies have led to the growth of the surgical power tool market in Europe. It is predicted to achieve a global market share of approximately 22% by 2037. Lower infection chances and quick recovery timing led to generating trust in the patient to access the facility for a minimally invasive procedure with the help of surgical power tools. The leading contributors to the market are identified as Germany, the UK, and France. An aging population and a higher level of technological advancement within the medical device industry are the key drivers for market growth in Europe.
In the UK market, an upward movement of the market share graph is experienced with the advancement of surgical technologies. It is anticipated that 23% of the market share of Europe to be accumulated by the UK by 2037. 8.9% of the total healthcare budget is invested in the elevation of the surgical power tools market. According to the statement of the NIH, a commitment has been made by the government to achieve a rapid digital integration within the healthcare procedure that will also bring a sales influx within the concerned market. The domestic strength of the market has been boosted through the headquarters presence of key players like Smith & Nephew plc.
The market of Germany achieved a dominant position in Europe within the surgical power tools market. Government support is the extraordinary factor that has resulted in an elevation of the budget for healthcare advancement and has led to the growth of demand for the surgical power tools market. Market assessment has identified that 9.1% of the total global sales of surgical power tools were made by Germany in 2024. Expansion of the insurance coverage led to higher accessibility in the surgical market, which increased the demand for surgical power tools in Germany.
Key Surgical Power Tools Market Players:
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
A highly competitive market can be observed within the global market in the surgical power tools niche. Strategies like product enhancement, strategic acquisition, technological advancement, and many more have led to the expansion of the business within the global market. The CD NXT system has been launched by Stryker, which has allowed healthcare professionals to conduct real-time measurement and elevate surgical precision. Sincere focus on innovation and research has boosted the potential of the market and achieved a competitive edge.
Here is a list of key players operating in the global market:
|
Company Name |
Country of Origin |
Industry Focus |
Market Share (2024) |
|
Stryker Corporation |
U.S. |
Mako robotic-compatible drills/saws for Orthopedic and Trauma Care |
25.28% |
|
DePuy Synthes – Johnson & Johnson |
U.S. |
High-speed drills, battery-powered systems for Trauma & Spine Surgery |
20.42% |
|
Medtronic plc |
Ireland |
StealthStation-guided cranial drills, O-arm compatible tools for Neorusurgery. |
10.3% |
|
Zimmer Biomet Holdings, Inc. |
U.S. |
ROSA robotic knee/hip saws for Joint Replacement |
8.5% |
|
CONMED Corporation |
U.S. |
Electrosurgery & ENT Tools |
5.3% |
|
Smith & Nephew plc |
UK |
single-use components within the surgical power tools |
xx% |
|
B. Braun Melsungen AG |
Germany |
Electron Microscopes & Scientific power tools |
xx% |
|
KLS Martin Group |
U.S. |
Craniomaxillofacial (CMF) & Neurosurgery |
xx% |
|
MicroAire Surgical Instruments, LLC |
U.S. |
Plastic Surgery & Orthopedics power tools |
xx% |
|
Arthrex, Inc. |
U.S. |
Minimally Invasive Orthopedics surgical power tools |
xx% |
|
Aesculap, Inc. – B. Braun |
U.S. |
Spine & Orthopedic surgical power Instrument |
xx% |
|
Misonix, Inc. |
U.S. |
Ultrasonic & Bone Healing surgical device |
xx% |
|
Adeor Medical AG |
Germany |
Orthopedic & Spine Surgery |
xx% |
|
Nouvag AG |
Switzerland |
High-Precision Surgical & Dental Power Tools |
xx% |
|
Aygun Surgical Instruments Co., Inc. |
Turkey |
Trauma & Orthopedics sourgcial power tools |
|
Below are the areas covered for each company in the market:
Recent Developments
- In May 2024, Ethicon, which is a Johnson & Johnson company, introduced ECHLEON LINEAR. This is considered to be the first 3D stapling technology as well as Gripping Surface Technology to reduce line leaks in colorectal surgery.
- In April 2025, Medivis achieved a clearance form FDA to enhance its Spine Navigation Platform and AI-assisted holographic navigation. This will elevate the surgical precision within healthcare.
Author Credits: Radhika Pawar
- Report ID: 7776
- Published Date: Jun 18, 2025
- Report Format: PDF, PPT
