Electric Orthopedic Screwdriver Market: The global market is expected to grow at a CAGR of 6.2% during the forecasted period.

As per the study initiated by Evolve Business Intelligence, the global Electric Orthopedic Screwdriver Market size accounted for USD 2.5 Billion in 2022, growing at a CAGR of 6.2% from 2023 to 2030. Electric Orthopedic Screwdriver Market refers to a specific segment within the medical device industry that focuses on the production, distribution, and sale of electric-powered screwdrivers designed for orthopedic surgical procedures.

Electric orthopedic screwdrivers often come with interchangeable attachments and accessories to accommodate various screw sizes and types used in orthopedic procedures. This versatility allows surgeons to use a single tool for multiple applications.

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Key Highlights:

  • The global Electric Orthopedic Screwdriver Market size was valued at USD 5billion in 2022 growing at a CAGR of 6.2% from 2023 to 2030.
  • North America dominated the market in 2022
  • Asia Pacific is expected to fastest-growing at the highest CAGR from 2023 to 2030

Evolve Business Intelligence has published a new market research report on Global Electric Orthopedic Screwdriver Market focusing in various aspects including market size and forecast, market dynamics, competitors market share analysis, market size in terms of value and volume, SWOT analysis, product benchmarking, key players recent developments, and opportunities, among others. The market has also been analyzed based on 4 indicators in the market dynamic chapter which includes Drivers, Restraints, Key Trends, and Challenges. The overall sum of these sections will help to understand the best strategies to be adopted in order to prosper through this industry over short and long terms. The quantitative analysis includes our authentic findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

In terms of COVID 19 impact, the Electric Orthopedic Screwdriver Market report also includes the following data points:

  • COVID19 Impact on Electric Orthopedic Screwdriver Market size
  • End-User/Industry/Application Trend, and Preferences
  • Government Policies/Regulatory Framework
  • Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
  • Opportunity in Electric Orthopedic Screwdriver Market

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Key Players

Some of the major Electric Orthopedic Screwdriver Market players holding high market share include Stryker, Braun Melsungen AG, NuVasive Inc. and DJO LLC. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:

  • Zimmer Biomet
  • Smith & Nephew plc
  • Medtronic
  • Stryker
  • Braun Melsungen AG
  • NuVasive Inc.
  • Institut Straumann AG
  • Narang Medical Limited

Segmental Analysis

Market Segment By Application with focus on market share, consumption trend, and growth rate of Electric Orthopedic Screwdriver Market:

  • Hip Orthopedic Devices
  • Knee Orthopedic Devices
  • Spine Orthopedic Devices
  • Craniomaxillofacial Orthopedic Devices

Market Segment By End User with focus on market share, consumption trend, and growth rate of Electric Orthopedic Screwdriver Market:

  • Hospital
  • Clinic
Parameters Details
Market Size (2022) $ 2.5 Billion
CAGR (2023 to 2030) 6.2%
Market Segmentation Application, End User
Country Covered US, Canada, Mexico, UK, Germany, France, Italy, Spain, Nordic Countries, BeNeLux, Rest of Europe, China, India, Japan, South Korea, Indonesia, Malaysia, Australia, Rest of Asia Pacific, Middle East & Africa, and South America

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Global Electric Orthopedic Screwdriver Market Geographic Coverage:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Nordic Countries
    • Benelux
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Indonesia
    • Malaysia
    • Australia
    • Rest of Asia Pacific
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • South Africa
    • Rest of MEA
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America

Reasons to Buy this Report:

  • Detail analysis of the impact of market drivers, restraints, and opportunities
  • Competitive Intelligence providesan understanding of the ecosystem
  • Details analysis of the Total Addressable Market (TAM) of your products
  • Investment Pockets and New Business Opportunities
  • Demand-supply gap analysis
  • Strategy Planning

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.

Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

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